COPT Defense Properties logo CDP - COPT Defense Properties

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
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BUY 13
HOLD 7
SELL 1
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| PRICE TARGET: $36.00 DETAILS
HIGH: $38.00
LOW: $33.00
MEDIAN: $37.00
CONSENSUS: $36.00
UPSIDE: 12.04%

About COPT Defense Properties (https://www.copt.com)

COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties. The majority of its portfolio is in locations that support the United States Government and its contractors, most of whom are engaged in national security, defense and information technology (IT) related activities servicing what the Company believes are growing, durable, priority missions (Defense/IT Locations). The Company also owns a portfolio of office properties located in select urban submarkets in the Greater Washington, DC/Baltimore region with durable Class-A office fundamentals and characteristics (Regional Office Properties). As of June 30, 2023, the Company derived 90% of its core portfolio annualized rental revenue from Defense/IT Locations and 10% from its Regional Office Properties. As of the same date and including 24 properties owned through unconsolidated joint ventures, COPT's core portfolio of 192 properties encompassed 22.9 million square feet and was 95% leased.

Key Executives

NAME TITLE DOB SALARY
Stephen E. Budorick President, Chief Executive Officer & Trustee 1960 $2,496,923 USD
Anthony Mifsud Executive Vice President & Chief Financial Officer 1964 $1,486,012 USD
Britt A. Snider Executive Vice President & Chief Operating Officer 1977 $1,256,221 USD
David L. Finch Vice President, General Counsel & Secretary
Dean A. Lopez Senior Vice President of Development & Construction
Frank W. Ziegler Senior Vice President of New Business & Development Government Services
Matthew T. Myers Senior Vice President, Chief Accounting Officer & Controller 1984
Michelle Layne Manager of Investor Relations
Sarah Blackwell Rowland Director of Human Resources
Venkat Kommineni Vice President of Investor Relations
William S. Barroll Managing SVP of Asset Management & Chief Business Officer

Company Peers

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