Wall Street Bullish on COPT Defense Properties (CPOT) Following Q1 2026 Results

​COPT Defense Properties (NYSE:CDP) is one of the Best Data Center REITs to Buy According to Analysts.. The company is a self-managed REIT specializing in mission-critical real estate proximate to U.S. government defense installations. It also develops and operates high-security “powered shell” data centers tailored for hyperscale tenants and government missions, leveraging strategic locations near power infrastructure and defense hubs.

Recently, on April 29, COPT Defense Properties (NYSE:CDP) was reiterated with a Buy rating by Cantor Fitzgerald analyst Richard Anderson. The analyst has maintained the price target of $37. The rating follows COPT’s fiscal Q1 2026 earnings, released on April 27.

​During the quarter, the company posted $200.64 million, reflecting 6.8% year-over-year increase and ahead of expectations by $4.4 million. Moreover, the GAAP EPS of $0.34 also topped expectations by $0.01. Notably, the company raised its dividend by $0.06, marking the fourth consecutive year of dividend growth.

​Looking ahead, management has raised Funds from Operations guidance for 2026 to $2.76 at midpoint, same-property cash Net Operating Income growth by 50 basis points to 3%, tenant retention by 250 basis points to 82.5%, and new investment capital commitments by $40 million to $290 million.

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