MetaCap

COPT Defense Properties (CDP) vs Howard Hughes (HHH)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

COPT Defense Properties (CDP) has outperformed Howard Hughes (HHH) over the past year, gaining 17.0% versus a loss of 13.0%. Over five years, CDP leads with a +17.4% price change compared with -17.1% for HHH. Howard Hughes is the larger company by market cap ($4.30 billion vs $3.88 billion), about 1.1 times the size, while COPT Defense Properties is growing revenue faster (+1.4% vs -15.8%).

On valuation, COPT Defense Properties trades at a lower forward P/E (22.9x vs 70.5x for Howard Hughes). COPT Defense Properties pays a dividend yielding 3.73%, while Howard Hughes does not currently pay one. COPT Defense Properties converts more of its revenue into profit, with a net margin of 20.9% versus 8.4%.

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

Relative performance

CDP+17.78%HHH-13.09%
+38%+4%-30%
Oct 8, 20251 yearOct 7, 2026
CDP+19.46%HHH-14.57%
+40%-1%-41%
Oct 4, 20215 yearsOct 5, 2026

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

Head-to-head

CDP versus HHH key metrics
MetricCDPHHH
Share price$33.47$71.93
Market cap$3.88B$4.30B
1-day change+0.24%+0.11%
YTD return+20.11%-9.83%
1-year return+16.95%-12.99%
5-year return+17.45%-17.11%
P/E ratio (TTM)23.2414.56
Forward P/E22.9270.52
EPS (TTM)$1.44$4.94
Dividend yield3.73%0.00%
Annual dividend$1.25$0.00
Revenue (latest FY)$763.92M$1.47B
Revenue growth (YoY)+1.41%-15.75%
Net income (latest FY)$159.53M$123.90M
Operating margin—22.48%
Net margin20.88%8.40%
52-week high$38.90$91.07
52-week low$27.06$60.09
Distance from 52-week high-13.96%-21.02%
Analyst consensusbuybuy
Avg. price target upside+20.65%+24.66%
Average volume880.51K578.23K
Shares outstanding113.41M59.72M
Employees430500
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 HHH by 29.9 percentage points over the past year.
  • COPT Defense Properties trades at a higher earnings multiple (23.2x vs 14.6x trailing P/E).
  • COPT Defense Properties offers a meaningfully higher dividend yield (3.73% vs 0.00%).
  • COPT Defense Properties is more profitable, keeping 20.9 cents of every revenue dollar as net income versus 8.4 cents for Howard Hughes.
  • COPT Defense Properties grew revenue faster in its latest fiscal year (+1.41% vs -15.75%).

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

About Howard Hughes

HHH stock →

Howard Hughes Holdings Inc., together with its subsidiaries, develops master planned communities (MPCs) in the United States. It operates through three segments: Operating Assets, MPC, and Strategic Developments.

Real Estate · Real Estate Investment Trusts · 500 employees

CDP vs HHH FAQ

Which is bigger, COPT Defense Properties or Howard Hughes?

Howard Hughes (HHH) is larger, with a market capitalization of $4.30B compared with $3.88B for COPT Defense Properties (CDP).

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

CDP returned +16.95% over the past 12 months, compared with -12.99% for HHH (price return, excluding dividends). Past performance does not predict future results.

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

HHH has the lower trailing P/E at 14.6, versus 23.2 for CDP. 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, COPT Defense Properties or Howard Hughes?

COPT Defense Properties pays a dividend yielding 3.73%, while Howard Hughes does not currently pay a regular dividend.

Are COPT Defense Properties and Howard Hughes in the same industry?

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

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