MetaCap

Broadstone Net Lease (BNL) vs COPT Defense Properties (CDP)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.

Summary

COPT Defense Properties (CDP) has outperformed Broadstone Net Lease (BNL) over the past year, gaining 17.0% versus a loss of 1.5%. Over five years, CDP leads with a +17.4% price change compared with -29.6% for BNL. Broadstone Net Lease is the larger company by market cap ($3.89 billion vs $3.87 billion), about 1.0 times the size.

On valuation, COPT Defense Properties trades at a lower forward P/E (22.9x vs 26.6x for Broadstone Net Lease). Broadstone Net Lease offers the higher dividend yield (6.37% vs 3.74%).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

BNL-1.51%CDP+16.95%
+36%+14%-9%
Oct 7, 20251 yearOct 7, 2026
BNL-27.69%CDP+19.46%
+40%-5%-50%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

BNL versus CDP key metrics
MetricBNLCDP
Share price$18.28$33.39
Market cap$3.89B$3.87B
1-day change-1.88%-0.86%
YTD return+5.24%+20.11%
1-year return-1.51%+16.95%
5-year return-29.56%+17.45%
P/E ratio (TTM)24.0523.19
Forward P/E26.5722.87
EPS (TTM)$0.76$1.44
Dividend yield6.37%3.74%
Annual dividend$1.17$1.25
52-week high$23.10$38.90
52-week low$17.16$27.06
Distance from 52-week high-20.87%-14.16%
Analyst consensusbuybuy
Avg. price target upside+29.10%+20.93%
Average volume2.03M861.58K
Shares outstanding204.60M113.41M
Employees62430
SectorReal EstateReal Estate
IndustryReal Estate Investment TrustsReal Estate Investment Trusts

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • CDP has outperformed BNL by 18.5 percentage points over the past year.
  • Broadstone Net Lease offers a meaningfully higher dividend yield (6.37% vs 3.74%).

About Broadstone Net Lease

BNL stock →

Broadstone Net Lease, Inc. is an industrial-focused, diversified net lease REIT that invests in primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants.

Real Estate · Real Estate Investment Trusts · 62 employees

About COPT Defense Properties

CDP stock →

COPT Defense Properties, 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 defense installations and missions (referred to as its Defense/IT Portfolio).

Real Estate · Real Estate Investment Trusts · 430 employees

BNL vs CDP FAQ

Which is bigger, Broadstone Net Lease or COPT Defense Properties?

Broadstone Net Lease (BNL) is larger, with a market capitalization of $3.89B compared with $3.87B for COPT Defense Properties (CDP).

Which stock has performed better over the past year, BNL or CDP?

CDP returned +16.95% over the past 12 months, compared with -1.51% for BNL (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, BNL or CDP?

CDP has the lower trailing P/E at 23.2, versus 24.1 for BNL. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Broadstone Net Lease or COPT Defense Properties?

Broadstone Net Lease has the higher yield at 6.37%, compared with 3.74% for COPT Defense Properties.

Are Broadstone Net Lease and COPT Defense Properties in the same industry?

Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.

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