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ISIN | US22002T1088 |
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Exchange | NYSE |
CurrencyCode | USD |
Sector | Real Estate |
Industry | REIT - Office |
Market Cap | 3B |
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PE Ratio | 21.43 |
Target Price | 32.625 |
Dividend Yield | 4.6% |
Beta | 0.95 |
COPT Defense, an S&P MidCap 400 Company, is a self-managed REIT focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government ("USG") defense installations and missions (referred to as its Defense/IT Portfolio). The Company's tenants include the USG and their defense contractors, who are primarily engaged in priority national security activities, and who generally require mission-critical and high security property enhancements. As of September 30, 2024, the Company's Defense/IT Portfolio of 194 properties, including 24 owned through unconsolidated joint ventures, encompassed 22.2 million square feet and was 96.5% leased.
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