COPT Defense Reports Strong Third Quarter 2024 Results
COPT Defense Properties Common Shares of Beneficial Interest (CDP)
Company Research
Source: Business Wire
_______________________________________________________________EPS of $0.32FFO per Share, as Adjusted for Comparability, of $0.651-cent above the Midpoint of GuidanceIncreased Midpoint of 2024 FFO per Share Guidance by 1-cent to $2.57Implies 6.2% FFO per Share Growth for the YearDefense/IT Portfolio 95.0% Occupied and 96.5% LeasedSame Property Cash NOI Increased 9.4% in 3Q24 and 8.8% Year-to-DateRaised Midpoint of Same Property Cash NOI Guidance for the Year by 50 Basis Points to 8.5%_______________________________________________________________Strong Leasing Volume and Retention YTDTotal Leasing of 829,000 SF in 3Q24 and 2.5 million SF Year-to-Date123,000 SF in 3Q24 and 387,000 SF Year-to-Date of Vacancy Leasing Exceeded Annual Target of 400,000 SF, with 4Q24 Progress To-DateTenant Retention of 88% in 3Q24 and 84% Year-to-Date Raised Midpoint of Guidance for the Year by 250 Basis Points to 85%80,000 SF in 3Q24 and 90,000 SF Year-to-Date of Investment Leasing_________________________
Show less
Read more
Impact Snapshot
Event Time:
CDP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CDP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CDP alerts
High impacting COPT Defense Properties Common Shares of Beneficial Interest news events
Weekly update
A roundup of the hottest topics
CDP
News
- COPT Defense Properties (NYSE: CDP), President & CEO Steve Budorick Interviewed by Advisor AccessGlobeNewswire
- COPT Defense Declares Fourth Quarter 2024 Common DividendBusiness Wire
- COPT Defense Properties (NYSE: CDP) had its price target raised by analysts at Evercore ISI from $33.00 to $36.00. They now have an "outperform" rating on the stock.MarketBeat
- COPT Defense Acquires Land for Data Center Shell Development near Des Moines, IA and an 80,000 Square Foot Building in San Antonio, TXBusiness Wire
- COPT Defense Provides Conference Call Details to Discuss 3Q 2024 ResultsBusiness Wire