COPT Defense Properties (CDP) vs Tanger (SKT)
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 Tanger (SKT) over the past year, gaining 17.0% versus a gain of 4.5%. Over five years, SKT leads with a +105.8% price change compared with +17.4% for CDP. Tanger is the larger company by market cap ($4.13 billion vs $3.87 billion), about 1.1 times the size.
On valuation, COPT Defense Properties trades at a lower forward P/E (22.9x vs 28.7x for Tanger). COPT Defense Properties offers the higher dividend yield (3.74% vs 3.50%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CDP | SKT |
|---|---|---|
| Share price | $33.39 | $34.55 |
| Market cap | $3.87B | $4.13B |
| 1-day change | -0.86% | -1.12% |
| YTD return | +20.11% | +3.54% |
| 1-year return | +16.95% | +4.48% |
| 5-year return | +17.45% | +105.78% |
| P/E ratio (TTM) | 23.19 | 31.70 |
| Forward P/E | 22.87 | 28.73 |
| EPS (TTM) | $1.44 | $1.09 |
| Dividend yield | 3.74% | 3.50% |
| Annual dividend | $1.25 | $1.21 |
| Revenue (latest FY) | — | $550.90M |
| Revenue growth (YoY) | — | +10.73% |
| 52-week high | $38.90 | $42.53 |
| 52-week low | $27.06 | $31.13 |
| Distance from 52-week high | -14.16% | -18.76% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +20.93% | +18.67% |
| Average volume | 861.58K | 915.31K |
| Shares outstanding | 113.41M | 114.88M |
| Employees | 430 | 407 |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real 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 SKT by 12.5 percentage points over the past year.
- Tanger trades at a higher earnings multiple (31.7x vs 23.2x trailing P/E).
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 Tanger
SKT stock →Tanger Inc. is a leading owner and operator of outlet and other open-air retail shopping destinations, with 45 years of expertise in the retail and outlet shopping industries.
Real Estate · Real Estate Investment Trusts · 407 employees
CDP vs SKT FAQ
Which is bigger, COPT Defense Properties or Tanger?
Tanger (SKT) is larger, with a market capitalization of $4.13B compared with $3.87B for COPT Defense Properties (CDP).
Which stock has performed better over the past year, CDP or SKT?
CDP returned +16.95% over the past 12 months, compared with +4.48% for SKT (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CDP or SKT?
CDP has the lower trailing P/E at 23.2, versus 31.7 for SKT. 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 Tanger?
COPT Defense Properties has the higher yield at 3.74%, compared with 3.50% for Tanger.
Are COPT Defense Properties and Tanger in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.