COPT Defense Properties
CDP · NYSE · Real Estate
$34.38
$0.16 (-0.46%) today
Market Cap
$3.98B
24h Volume
$80.2M
P/E Ratio
23.9
52w High
$38.35
52w Low
$26.51
Est. AI Revenue
10%
7-Day Sparkline (Static)
Company facts
Performance
About COPT Defense Properties
COPT Defense Properties is a real estate investment trust that owns, operates, and develops properties concentrated around US defense installations. Most of its rent comes from the US government and defense contractors that need secure space next to priority missions, giving it one of the most durable tenant bases in real estate.
The portfolio has two parts. The Defense/IT segment holds office and secure campus space near hubs like Fort Meade, home of the National Security Agency and US Cyber Command, plus Redstone Arsenal and the Pentagon. The data center shell segment owns powered building envelopes in Northern Virginia that a hyperscale cloud tenant fits out with its own equipment.
Founded in 1988 and headquartered in Columbia, Maryland, the company employs about 430 people and trades on the NYSE.
COPT Defense Properties in the AI buildout
COPT sits in the Data Centers layer as a landlord rather than an operator. Its Northern Virginia data center shells give a hyperscale tenant ready-to-fit buildings in the most power-constrained market of the AI buildout. It also touches the Defense AI layer, since its secure campuses house agencies and contractors doing classified computing and cyber work. Lease growth, not chip demand, drives results, so its exposure is steady but indirect.
CDP is tracked in Data Centers & Hardware and Defense & Aerospace AI, rated Growing on the AI Exposure leaderboard.
By the numbers
52-week range
CDP trades at $34.38, 66% of the way up its 52-week range of $26.51 to $38.35.
Market cap
Market capitalization is $3.98B, with an AI Exposure Score of 35 out of 100.
Valuation vs peers
Its P/E ratio of 23.9 is below the Data Centers & Hardware category median of 30.0.
Next earnings
COPT Defense Properties is next expected to report earnings on October 29, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does COPT Defense Properties do?
COPT Defense Properties is a REIT that owns and develops office buildings, secure campuses, and data center shells near US defense installations. It leases this space to the US government, defense contractors, and a hyperscale cloud tenant.
How is COPT Defense Properties exposed to AI?
Its data center shells in Northern Virginia are leased to a cloud tenant building AI capacity, and its defense campuses support classified computing work. Supercycle rates it Growing with an AI Exposure Score of 35 out of 100.
What are COPT Defense Properties' main segments?
The core Defense/IT segment covers properties near Fort Meade, Redstone Arsenal, and other defense hubs. The data center shell segment owns powered building envelopes in Northern Virginia that the tenant equips with its own servers and networking gear.
Who leads COPT Defense Properties?
Stephen E. Budorick serves as chief executive officer. The company was founded in 1988, is headquartered in Columbia, Maryland, and runs its defense-focused portfolio with a team of about 430 employees.
Is CDP a pure play AI stock?
No. Supercycle classifies CDP as Growing with a score of 35 out of 100. Defense office and campus leases produce most of its rent, while the AI-linked data center shells remain a smaller, steadier slice of the portfolio.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
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