COPT Defense Properties (NYSE: CDP) is -10.82% 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 $27.20 in the last trading session, with the day’s gains setting it 0.4%.
Currently trading at $27.60, the stock is 2.13% and -0.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing 1.47% at the moment leaves the stock -5.61% off its SMA200. CDP registered 16.26% gain for a year compared to 6-month loss of -9.00%. The firm has a 50-day simple moving average (SMA 50) of $27.752 and a 200-day simple moving average (SMA200) of $29.24155.
The stock witnessed a 2.83% gain in the last 1 month and extending the period to 3 months gives it a -10.51%, and is 1.77% 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 2.13% over the week and 2.09% over the month.
COPT Defense Properties (CDP) has around 427 employees, a market worth around $6.22B and $753.27M in sales. Current P/E ratio is 22.54 and Fwd P/E is 20.62. Profit margin for the company is 18.38%. Distance from 52-week low is 24.32% and -19.35% from its 52-week high. The company has generated returns on investments over the last 12 months (3.54%).
The EPS is expected to grow by 8.13% this year
438.0 institutions hold shares in COPT Defense Properties (CDP), with institutional investors hold 110.01% of the company’s shares. The shares outstanding are 112.70M, and float is at 112.25M with Short Float at 4.72%. Institutions hold 109.69% 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 purchase by Snider Britt A., the company’s EVP & COO. SEC filings show that Snider Britt A. bought 1,000 shares of the company’s common stock on Feb 26 ’25 at a price of $26.93 per share for a total of $26930.0. Following the purchase, the insider now owns 3000.0 shares.
COPT Defense Properties disclosed in a document filed with the SEC on Dec 02 ’24 that Myers Matthew T (SVP-CAO & CONTROLLER) sold a total of 500 shares of the company’s common stock. The trade occurred on Dec 02 ’24 and was made at $32.32 per share for $16160.0. Following the transaction, the insider now directly holds 7784.0 shares of the CDP stock.
Still, SEC filings show that on Nov 07 ’24, BUDORICK STEPHEN E (PRESIDENT/CEO) disposed off 8,854 shares at an average price of $32.54 for $0.29 million. The insider now directly holds 153,882 shares of COPT Defense Properties (CDP).
