Data Center REITs: One Of My Highest-Conviction Calls

Data center REITs have delivered sector-leading, consistent outperformance, driven by secular tailwinds like AI, cloud computing, and digital transformation. DLR, EQIX, and IRM are trading at premium valuations, reflecting strong fundamentals, but current multiples suggest waiting for a pullback before adding exposure. American Tower is the top pick for new data center exposure, offering integrated connectivity and compute, trading at a discount with a 4% yield and significant upside potential.

Seeking Alpha • a day ago

COPT Defense Declares Second Quarter 2026 Common Dividend

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced today that its Board of Trustees declared a regular quarterly dividend of $0.32 per common share for the second quarter ending June 30, 2026. The second quarter 2026 dividend represents an annualized amount of $1.28 per share and is payable on July 15, 2026, to shareholders of record on June 30, 2026. About COPT Defense COPT Defense, an S&P MidCap 400 Company, is a self-managed RE.

Business Wire • May 14, 2026

COPT Defense (CDP) Upgraded to Buy: Here's What You Should Know

COPT Defense (CDP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Zacks Investment Research • May 12, 2026

COPT Defense (CDP) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does COPT Defense (CDP) have what it takes?

Zacks Investment Research • May 4, 2026

REITs Excel, Earnings Swell, Fed Rebels

U.S. equity markets advanced for a fifth straight week - their longest winning streak since 2024 - as strong earnings, resilient data, and hopes for lasting Iran peace fueled optimism. Investors looked through another oil-price surge and inflationary pressure, focusing instead on corporate resilience and economic strength despite a complex macro backdrop shaped by geopolitical and policy uncertainty. The Fed held rates steady in an unusually fractured 8-4 vote, while Powell's plan to remain on the Board broke precedent and raised politically charged succession questions.

Seeking Alpha • May 3, 2026

COPT Defense Properties (CDP) Q1 2026 Earnings Call Transcript

COPT Defense Properties (CDP) Q1 2026 Earnings Call Transcript

Seeking Alpha • Apr 28, 2026

COPT Defense Reports First Quarter 2026 Results

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (“COPT Defense” or the “Company”) (NYSE: CDP) announced results for the first quarter ended March 31, 2026. Management Comments Stephen E. Budorick, COPT Defense's President & Chief Executive Officer, commented, “We achieved solid results in the first quarter and our performance is tracking on all aspects of our full year plan. FFO per share exceeded the midpoint of our guidance range by $0.01. Based on this outperformance, and our for.

Business Wire • Apr 27, 2026

COPT Defense (CDP) Q1 FFO and Revenues Top Estimates

COPT Defense (CDP) came out with quarterly funds from operations (FFO) of $0.69 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to FFO of $0.65 per share a year ago.

Zacks Investment Research • Apr 27, 2026

When No One Shows Up, Opportunity Does: The Office REIT Reset

The office REIT sector is bifurcating: true moats and prime locations are separating from distressed, obsolete assets. Alexandria Real Estate, Douglas Emmett, Empire State Realty Trust, and Highwoods are highlighted for durable moats and unique competitive advantages. Deep value opportunities exist where market fear has mispriced assets with irreplaceable locations, fortress balance sheets, or unique cash engines.

Seeking Alpha • Apr 12, 2026

Don't Put All Your REIT Eggs In One Basket

REITs deserve a larger allocation today, driven by attractive valuations, structural demand, and reliable income across diverse sectors. Data center REITs like Equinix, Digital Realty, and Iron Mountain benefit from AI and cloud-driven demand, with strong growth and supply scarcity. Industrial REITs such as Prologis, EastGroup, and STAG Industrial offer structural growth, with EastGroup favored for its Sunbelt focus and robust internal growth.

Seeking Alpha • Apr 5, 2026