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$36.82 -0.04 (-0.11%) At close · Aug 19
Market Cap
$4.18B
Shares
113.41M

Price & Indicators

Indicators
Price
Panels
Event markers
20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$36.82 Open$37.16 Day$36.76–37.18 52W close$27.32–38.35 Avg vol 30d825K Short int7.1M · 6.2% float · 7.6d Short vol43% Last earningsJul 28, 2026 DataJan 2020–Aug 2026 Filing10-Q · Aug 3

Up next

Next earnings call
Oct 29, 2026 Est · unconfirmed · in 10 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
Latest filing: 10-Q
filed Aug 3, 2026

AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Ask ALVIS about this →

      Equibles Rating

      blended score · not investment advice
      Overall
      Buy
      SellHoldBuy
      Technical Buy Momentum Very Strong Sentiment Neutral Fundamentals Strong Quant / Vol Very Low
      Market backdrop VIX 14.9 · calm Equity put/call 0.52
      Technical
      price trend
      Buy
      50 / 200-day cross No cross
      Price vs 200-day avg +14%
      above
      Price vs 50-day avg +1%
      above
      RSI (14) 48
      neutral
      MACD trend Negative
      52-week position 86%
      near high
      Momentum
      relative strength
      Very Strong
      1-month return −1%
      trailing
      6-month return +14%
      trailing
      YTD return +32%
      this year
      Relative strength +3%
      vs S&P · 6-mo
      Sentiment
      smart money
      Neutral
      Trend (MA cross) No cross
      50d $36 › 200d $32 — 50d above 200d
      Institutional flow Accumulating
      +1% holders QoQ · +40 funds added
      Insider flow Distributing
      Net -$1.2M over 90 days · 100% sells
      Short interest Rising
      6.23% of float · ▲ +2.8% MoM · 7.6 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      323 holders — near 3-yr high, broad support
      Squeeze score 78
      high risk · 0–100
      Fundamentals
      Strong
      Revenue growth +1%
      Y/Y
      EPS growth +9%
      Y/Y
      Valuation P/E 25.8
      below peers
      Balance sheet $2.5B
      net debt
      Quant / Vol
      risk profile
      Very Low
      Volatility 18%
      annualized · 1-yr
      Max drawdown −12%
      past year
      ATR 1.7%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Guidance & track record

      Latest guidance · from the Earnings Call filed Jun 30, 2026
      FFO per share · full year 2026 $2.78
      Same property cash NOI growth · full year 2026 4%
      Cash rent spreads on renewals · full year 2026 3%
      Capital commitment to new investments · full year 2026 $335M
      Prior guidance period ended · from the Earnings Call filed Sep 30, 2025
      FFO per share · 2025 $2.70
      Same-property cash NOI growth · 2025 4%
      Year-end same property occupancy · 2025 94.2%
      Cash rent spreads on renewals · 2025 2%
      Capital committed to new investments · 2025 $250M

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Buy
      1 · 2 · 3
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      +14% Bullish
      Price vs 50-day avg
      +1% Bullish
      RSI (14)
      48 Neutral
      MACD trend
      Negative Bearish
      52-week position
      86% Bullish
      Market signals — smart money & positioning
      Mixed
      Trend (MA cross) No cross
      50d $36 › 200d $32 — 50d above 200d
      Institutional flow Accumulating
      +1% holders QoQ · +40 funds added
      Insider flow Distributing
      Net -$1.2M over 90 days · 100% sells
      Short interest Rising
      6.23% of float · ▲ +2.8% MoM · 7.6 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      323 holders — near 3-yr high, broad support
      Price context
      position in its 52-week range
      Range low $27 Now $37 · 86% Range high $38
      vs 200-day avg +14% vs 50-day avg +1%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from written earnings releases and filings
      Metric Latest Period YoY
      % Leased 96.4% As of June 30, 2026 —
      % Occupied 95.1% As of June 30, 2026 —
      Acquisition $43M April 23, 2026 —
      Adjusted book non-GAAP $6.53B As of June 30, 2026 —
      GAAP → non-GAAP reconciliation
      GAAP EBITDAre 218.44M
      -1.35M Credit loss (recoveries) expense
      +1.45M Business development expenses
      +0K Executive transition costs
      -29K Net gain on other investments
      = Adjusted EBITDA 218.51M
      Adjusted EBITDA fixed charge coverage ratio non-GAAP 4.3 For the Six Months Ended June 30, 2026 —
      Amount spent on development pipeline $115M June 30, 2026 —
      Annual escalations on renewing leases 3% six months ended June 30, 2026 —
      Cash rents on renewed space 3.2% six months ended June 30, 2026 —
      Consolidated Portfolio # of Properties 184 6/30/26 —
      Consolidated Portfolio square feet 21.01M 6/30/26 —
      Debt subject to fixed interest rates 82% June 30, 2026 —
      Debt to assets 57.4% As of June 30, 2026 —
      Defense/IT Portfolio 23.3M As of June 30, 2026 —
      Defense/IT Portfolio occupancy 95.1% June 30, 2026 —
      Development Pipeline leased percentage 73% June 30, 2026 —
      Development Pipeline square feet 885,000 June 30, 2026 —
      Diluted adjusted funds from operations available to common share and common unit holders (“Dilut non-GAAP $134.2M six months ended June 30, 2026 —
      Diluted AFFO available to common share and unit holders non-GAAP $69.11M 6/30/26 —
      Diluted AFFO payout ratio non-GAAP 54.9% For the Six Months Ended June 30, 2026 —
      Diluted FFO available to common share and common unit holders and as adjusted for comparability non-GAAP $163.18M For the Six Months Ended June 30, 2026 —
      Diluted FFO payout ratio non-GAAP 44.4% For the Three Months Ended June 30, 2026 —
      Diluted FFO per share $1.4 For the Six Months Ended June 30, 2026 —
      Diluted FFO per share, as adjusted for comparability non-GAAP $1.4 six months ended June 30, 2026 —
      EBITDAre non-GAAP $218.44M For the Six Months Ended June 30, 2026 —
      GAAP → non-GAAP reconciliation
      GAAP Net income 88.7M
      +48.44M Interest expense
      +158K Income tax expense
      +84.97M Real estate-related depreciation and amortization
      +882K Other depreciation and amortization
      -7.02M Gain on sales of real estate
      +2.31M Adjustments from unconsolidated real estate JVs
      = EBITDAre 218.44M
      FFO per Share, As Adjusted for Comparability non-GAAP $0.71 Q2 2026 —
      FFOPS non-GAAP $0.71 quarter ended June 30, 2026 —
      Gross debt non-GAAP $2.69B As of June 30, 2026 —
      In-place adjusted EBITDA non-GAAP $110.68M For the Three Months Ended June 30, 2026 —
      GAAP → non-GAAP reconciliation
      GAAP Adjusted EBITDA 110.68M
      +0K Pro forma NOI adjustment for property changes within period
      +0K Change in collectability of deferred rental revenue
      = In-place adjusted EBITDA 110.68M
      Investment leasing 416,000 six months ended June 30, 2026 —
      Land acquired 17 April 23, 2026 —
      Lease terms on investment leasing 13.1 six months ended June 30, 2026 —
      Lease terms on renewing leases 4.1 six months ended June 30, 2026 —
      Lease terms on vacancy leasing 6.8 six months ended June 30, 2026 —
      Net debt non-GAAP $2.66B As of June 30, 2026 —
      GAAP → non-GAAP reconciliation
      GAAP Gross debt 2.69B
      -24.16M Less: Cash and cash equivalents
      -1.33M Less: COPT Defense's share of cash of unconsolidated real estate JVs
      = Net debt 2.66B
      Net debt adjusted for fully-leased investment properties non-GAAP $2.6B As of June 30, 2026 —
      GAAP → non-GAAP reconciliation
      GAAP Net debt 2.66B
      -62.56M Costs incurred on fully-leased development properties
      = Net debt adjusted for fully-leased investment properties 2.6B
      Net debt adjusted for fully-leased investment properties to in-place adjusted EBITDA ratio non-GAAP 5.9 quarter ended June 30, 2026 —
      Net debt to adjusted book non-GAAP 40.8% As of June 30, 2026 —
      Net debt to in-place adjusted EBITDA ratio non-GAAP 6 As of June 30, 2026 —
      Number of operating properties 202 As of June 30, 2026 —
      Renewals 1.5M six months ended June 30, 2026 —
      Same Property # of Properties 203 6/30/26 —
      Same Property Cash NOI from real estate operations $218.51M For the Six Months Ended June 30, 2026 —
      Same Property cash NOI growth 7.4% Q2 2026 —
      Same Property NOI from real estate operations $225.35M For the Six Months Ended June 30, 2026 —
      Same Property portfolio 24.6M June 30, 2026 —
      Same Property portfolio leased percentage 95.4% June 30, 2026 —
      Same Property portfolio occupancy 94.5% June 30, 2026 —
      Straight-line rents on renewals 10.9% six months ended June 30, 2026 —
      Tenant Retention 68% Q2 2026 —
      Tenant Retention Rates 84.4% six months ended June 30, 2026 —
      Total Defense/IT Portfolio # of Properties 202 6/30/26 —
      Total Defense/IT Portfolio % Leased 96.4% 6/30/26 —
      Total Defense/IT Portfolio Operational Square Feet 23.32M 6/30/26 —
      Total estimated investment $440M June 30, 2026 —
      Total leasing 2.2M six months ended June 30, 2026 —
      Total operational square feet 23.32M As of June 30, 2026 —
      Total portfolio 25.3M June 30, 2026 —
      Total Portfolio # of Properties 208 6/30/26 —
      Total portfolio leased percentage 95.6% June 30, 2026 —
      Total portfolio occupancy 94.1% June 30, 2026 —
      Total Portfolio square feet 25.3M 6/30/26 —
      Total Square Feet Leased 518,000 Q2 2026 —
      Vacancy leasing 231,000 six months ended June 30, 2026 —
      Weighted average effective interest rate on consolidated debt portfolio 3.8% June 30, 2026 —
      Weighted average maturity of consolidated debt portfolio 4.3 June 30, 2026 —
      Defense/IT Portfolio leased percentage 96.4% As of March 31, 2026 —
      Defense/IT Portfolio properties 201 As of March 31, 2026 —
      Defense/IT Portfolio square feet 23.2M As of March 31, 2026 —
      Defense/IT Portfolio # of Properties 201 As of December 31, 2025 —
      Defense/IT Portfolio Leased % 96.5% As of December 31, 2025 —
      Diluted AFFO avail. to common share and unit holders non-GAAP 57.21M Three Months Ended 12/31/25 —
      FFO per NAREIT non-GAAP 82.37M Three Months Ended 12/31/25 —
      GAAP → non-GAAP reconciliation
      GAAP Net income $39.4M
      +$42.26M Real estate-related depreciation and amortization
      -$32K Gain on sales of real estate
      +$744K Depreciation and amortization on unconsolidated real estate JVs
      = FFO - per Nareit $82.37M
      Same Property NOI non-GAAP 107.16M Three Months Ended 12/31/25 —

      Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

      Versus peers

      REIT - Office — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      CDP
      Copt Defense Properties
      this stock
      		$4.18B +32.4% +1.4% 25.8 6.2%
      BXP
      BXP, Inc.
      		 $10.57B -0.4% +2.2% 35.6 6.6%
      ARE
      Alexandria Real Estate Equities, Inc.
      		 $7.99B +3.3% -2.9% — 3.9%
      VNO
      Vornado Realty Trust
      		 $7.05B +15.3% +1.3% 1258.3 5.4%
      CUZ
      Cousins Properties Inc
      		 $4.84B +13.8% +16.0% 735.0 6.2%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      323
      % held
      112.6%
      Net QoQ
      +406.8K sh
      Top holder
      BlackRock, Inc.
      Held Float
      View
      Held by Funds
      Fund positions
      419
      View
      Short & Settlement
      Short Interest Rising
      Shares short
      7.1M
      Days to cover
      7.6d
      Change
      +193.0K sh
      View
      Short Volume
      Short vol %
      43%
      As of
      Aug 19, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      178
      Value
      $6.7K
      As of
      Jul 22, 2026
      View
      Off-Exchange
      Off-exchange %
      50.9%
      Week of
      Jul 13, 2026
      Off-exch Lit
      View
      Smart Money
      Insider Trades Net selling
      Net (90d)
      -$1.2M
      Buyers / Sellers
      0 / 2
      Buyers Sellers
      View
      Congressional Trades Sell
      Member
      Lisa McClain
      Amount
      $1.0K–$15.0K
      Traded
      Jul 16, 2025
      View
      Financials
      Financials
      Revenue (FY)
      $763.9M
      Net income (FY)
      $97.4M
      EPS diluted
      $1.34
      View
      Filings
      SEC Filings
      Latest
      10-Q
      Filed
      Aug 3, 2026
      This year
      9
      View
      Proposed Sales
      Value
      $181.1K
      Shares
      5.5K
      Filed
      Feb 23, 2026
      View
      Earnings & Events
      Earnings Calls
      Last call
      Jul 28, 2026
      View

      Performance

      5D 20D 120D MTD YTD
      CDP -0.4% -1.4% +14.5% -3.0% +32.5%
      SPY -0.4% +2.9% +11.6% +3.0% +12.8%
      vs SPY +0.0% -4.3% +2.9% -6.0% +19.7%

      Capital returns

      Latest dividend
      $0.32 / share · ex Jun 30, 2026
      Declared · upcoming
      $0.32 / share · ex Sep 30, 2026
      Raised 4.9%
      Paid (TTM)
      $1.25 / share · 4 payouts
      Dividend yield (TTM, derived)
      3.39%

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 860546 CUSIP 22002T108 13F (30d) 305 filings 292 filers Visit website Investor relations

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