COPT Defense Properties (NYSE: CDP) is -5.69% lower on its value in year-to-date trading and has touched a low of $22.20 and a high of $34.22 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CDP stock was last observed hovering at around $29.34 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $29.19, the stock is -1.26% and -5.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.99 million and changing -0.51% at the moment leaves the stock 1.92% off its SMA200. CDP registered 26.36% gain for a year compared to 6-month gain of 3.44%. The firm has a 50-day simple moving average (SMA 50) of $30.958 and a 200-day simple moving average (SMA200) of $28.60605.
The stock witnessed a -5.78% loss in the last 1 month and extending the period to 3 months gives it a -8.64%, and is 1.92% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.03% over the week and 2.19% over the month.
COPT Defense Properties (CDP) has around 410 employees, a market worth around $6.58B and $749.56M in sales. Current P/E ratio is 24.03 and Fwd P/E is 21.87. Profit margin for the company is 18.27%. Distance from 52-week low is 31.49% and -14.70% from its 52-week high. The company has generated returns on investments over the last 12 months (3.50%).
with sales reaching $187.1M over the same period.The EPS is expected to grow by 286.05% this year, but quarterly earnings will post 8.19% year-over-year. Quarterly sales are estimated to grow 4.10% in year-over-year returns.
429.0 institutions hold shares in COPT Defense Properties (CDP), with institutional investors hold 108.24% of the company’s shares. The shares outstanding are 112.69M, and float is at 112.24M with Short Float at 4.76%. Institutions hold 107.88% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 18.76 million shares valued at $469.46 million. The investor’s holdings represent 16.7026 of the CDP Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 16.95 million shares valued at $424.29 million to account for 15.0957 of the shares outstanding. The other top investors are STATE STREET CORP which holds 6.37 million shares representing 5.6749 and valued at over $161.34 million, while EARNEST PARTNERS LLC holds 4.3165 of the shares totaling 4.85 million with a market value of $121.32 million.
COPT Defense Properties (CDP) Insider Activity
The most recent transaction is an insider sale by Myers Matthew T, the company’s SVP-CAO & CONTROLLER. SEC filings show that Myers Matthew T sold 500 shares of the company’s common stock on Dec 02 ’24 at a price of $32.32 per share for a total of $16160.0. Following the sale, the insider now owns 7784.0 shares.
COPT Defense Properties disclosed in a document filed with the SEC on Nov 07 ’24 that BUDORICK STEPHEN E (PRESIDENT/CEO) sold a total of 8,854 shares of the company’s common stock. The trade occurred on Nov 07 ’24 and was made at $32.54 per share for $0.29 million. Following the transaction, the insider now directly holds 0.15 million shares of the CDP stock.
Still, SEC filings show that on Nov 06 ’24, BUDORICK STEPHEN E (PRESIDENT/CEO) disposed off 9,000 shares at an average price of $32.64 for $0.29 million. The insider now directly holds 162,736 shares of COPT Defense Properties (CDP).
