NYSE: CDP · Office REITs
COPT Defense Properties (CDP) fair value and price range
As of 27 Sep 2026, Faircurve's model values COPT Defense Properties (CDP) at $21.51 a share. The stock last closed at $33.57, which puts the model's fair value 35.9% below the price. No verdict is shown for CDP on this run. The fair value and its range are shown for reference.
Revalued . Price is the close of 2 Oct 2026. COPT Defense Properties.
Faircurve Insights · 27 Sep 2026
COPT is a Real Estate Investment Trust (REIT) that focuses on the ownership, management, leasing, development, and strategic acquisition of office and data center assets.
Faircurve's model found a fair value of $21.51 a share for COPT Defense Properties on 27 Sep 2026. This fair value blends a cash-flow multiple against comparable companies, a dividend model, and the value of the properties. The previous run on 19 Sep 2026 gave $21.84, so the fair value moved -1.5%. The model's calibrated range over 63 trading days is $18.05 to $26.23; ranges built this way held the price 60% of the time at this horizon. The evidence grade is High, which for REITs looks at the dividend record: at least three years of paid dividends with no cut.
The model compares COPT with Kilroy Realty Corporation (KRC), SL Green Realty Corp. (SLG), Highwoods Properties, Inc. (HIW), Cousins Properties Incorporated (CUZ), Vornado Realty Trust (VNO), Alexandria Real Estate Equities, Inc. (ARE), Douglas Emmett, Inc. (DEI), and BXP, Inc. (BXP). The stock's moves around its last eight earnings reports ranged from -1.5% to +12.5%, with a median size of 1.3%, ignoring direction.
Written from the figures on this page for the 27 Sep 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
What price range does the model give CDP?
The calibrated range for CDP over 63 trading days is $18.05 to $26.23. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 4,327 past valuations, refreshed 26 Sep 2026). Ranges built this way held the price 60% of the time at this horizon.
The price is above this range. For names with fair value 15%+ below price, the calibrated range has held the price 40% of the time over 63 trading days, and 58% ended above it; the typical move was −0.1%.
The model's own range is $19.64 to $23.57.
How does CDP compare with similar companies?
The companies in office reits closest to COPT Defense Properties in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| KRC Kilroy Realty Corporation | $33.63 | $31.45 | -6.5% | Low evidence grade |
| SLG SL Green Realty Corp. | $48.81 | $23.75 | -51.3% | Low evidence grade |
| HIW Highwoods Properties, Inc. | $29.67 | $29.44 | -0.8% | Low evidence grade |
| CUZ Cousins Properties Incorporated | $28.01 | $19.58 | -30.1% | No verdict on this run |
| VNO Vornado Realty Trust | $33.73 | $16.64 | -50.7% | No verdict on this run |
| ARE Alexandria Real Estate Equities, Inc. | $47.37 | $22.39 | -52.7% | Low evidence grade |
| DEI Douglas Emmett, Inc. | $9.82 | $13.46 | +37.1% | Low evidence grade |
| BXP BXP, Inc. | $60.45 | $46.60 | -22.9% | Low evidence grade |
When does CDP report earnings, and how has the stock reacted?
COPT Defense Properties's next earnings report is scheduled for 29 Oct 2026. Companies can move their dates.
How CDP moved around its last 8 earnings reports
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 1.3%.
| Report date | Two session move |
|---|---|
| 27 Jul 2026 | +0.6% |
| 27 Apr 2026 | -0.1% |
| 5 Feb 2026 | +4.3% |
| 30 Oct 2025 | +2.5% |
| 28 Jul 2025 | -1.5% |
| 28 Apr 2025 | +12.5% |
| 6 Feb 2025 | +1.1% |
| 28 Oct 2024 | +0.7% |
COPT Defense Properties at a glance
COPT is a Real Estate Investment Trust (REIT) that focuses on the ownership, management, leasing, development, and strategic acquisition of office and data center assets.
- Market value
- $3.8B
- Sector
- Real Estate
- Industry
- Office REITs
- Beta to the US market
- 0.08
- First valued by Faircurve
- 11 Jul 2026
How the fair value is worked out: the model values COPT Defense Properties three ways and blends them; the range around the fair value comes from 2,000 simulations of the dividend model. The full method is documented here.
What changed in the latest valuation?
On 19 Sep 2026 the model's fair value for CDP was $21.84. As of 27 Sep 2026 it is $21.51, a change of -1.5%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about COPT Defense Properties's valuation
Is COPT Defense Properties stock undervalued or overvalued?
Faircurve's model puts CDP's fair value at $21.51 a share against a last close of $33.57, as of 27 Sep 2026. No verdict is shown for CDP on this run. The fair value and its range are shown for reference.
What is CDP's fair value?
$21.51 a share as of 27 Sep 2026. The fair value blends three methods: a cash-flow multiple against comparable companies, a dividend model, and the value of the properties. The model's own range is $19.64 to $23.57.
What price range does the model give CDP?
$18.05 to $26.23 over 63 trading days. Ranges built this way held the price 60% of the time across 4,327 past valuations, refreshed 26 Sep 2026.
When does COPT Defense Properties report earnings next?
The next report is scheduled for 29 Oct 2026. Companies can move their dates.
How much has CDP moved on past earnings reports?
Across its last 8 reports the median two session move was 1.3%, ignoring direction. The largest was +12.5% around the report of 28 Apr 2025.
How confident is the model in this valuation?
The model's evidence grade for CDP is high. For real estate investment trusts (REITs) the grade looks at the dividend record: at least three years of paid dividends with no cut. It is not a probability that the fair value is right, or that the price reaches it.