W.P. Carey (NYSE:WPC) Updates FY 2026 Earnings Guidance

W.P. Carey (NYSE:WPC) updated its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 5.190-5.270 for the period, compared to the consensus earnings per share estimate of 5.060. The company issued revenue guidance of -.

W.P. Carey Stock Down 0.3%

Shares of NYSE:WPC opened at $72.11 on Thursday. The firm has a 50 day simple moving average of $73.49 and a 200-day simple moving average of $72.38. W.P. Carey has a twelve month low of $63.08 and a twelve month high of $77.22. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 1.01. The company has a market capitalization of $16.43 billion, a PE ratio of 24.61, a P/E/G ratio of 3.60 and a beta of 0.75.

W.P. Carey Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a dividend yield of 5.2%. This is an increase from W.P. Carey’s previous quarterly dividend of $0.93. The ex-dividend date was Tuesday, June 30th. W.P. Carey’s payout ratio is presently 128.33%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Royal Bank Of Canada upped their target price on W.P. Carey from $73.00 to $77.00 and gave the company a “sector perform” rating in a research report on Thursday, July 30th. Evercore set a $77.00 price target on W.P. Carey in a research report on Thursday, July 30th. Wolfe Research upgraded W.P. Carey from a “peer perform” rating to an “outperform” rating and set a $85.00 price objective for the company in a research note on Monday, June 8th. Bank of America raised W.P. Carey from an “underperform” rating to a “neutral” rating and increased their price objective for the company from $73.00 to $83.00 in a report on Tuesday, June 16th. Finally, Wells Fargo & Company raised their target price on shares of W.P. Carey from $77.00 to $80.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $79.31.

Institutional Investors Weigh In On W.P. Carey

Several hedge funds have recently modified their holdings of WPC. Jacobi Capital Management LLC lifted its stake in shares of W.P. Carey by 2.5% in the 4th quarter. Jacobi Capital Management LLC now owns 5,886 shares of the real estate investment trust’s stock valued at $379,000 after purchasing an additional 145 shares during the period. Gen Wealth Partners Inc grew its stake in shares of W.P. Carey by 2.0% during the fourth quarter. Gen Wealth Partners Inc now owns 7,572 shares of the real estate investment trust’s stock worth $487,000 after purchasing an additional 146 shares during the period. Vanguard Personalized Indexing Management LLC grew its stake in shares of W.P. Carey by 0.5% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 35,137 shares of the real estate investment trust’s stock worth $2,261,000 after purchasing an additional 180 shares during the period. WealthPLAN Partners LLC increased its holdings in W.P. Carey by 2.8% in the fourth quarter. WealthPLAN Partners LLC now owns 7,169 shares of the real estate investment trust’s stock valued at $461,000 after purchasing an additional 194 shares during the last quarter. Finally, Parallel Advisors LLC increased its holdings in W.P. Carey by 5.5% in the fourth quarter. Parallel Advisors LLC now owns 4,166 shares of the real estate investment trust’s stock valued at $268,000 after purchasing an additional 216 shares during the last quarter. 73.73% of the stock is owned by institutional investors and hedge funds.

W.P. Carey Company Profile

W. P. Carey Inc is a diversified net-lease real estate investment trust specializing in single-tenant commercial properties. The company structures sale-leaseback and build-to-suit transactions to provide long-term net lease financing across a variety of asset classes, including industrial facilities, office buildings, retail centers and self-storage facilities. By employing triple net leases, W. P. Carey transfers property operating expenses, taxes and maintenance responsibility to tenants, creating a stable, predictable income stream for investors.

Founded in 1973 by William Polk Carey, the firm has expanded organically and through strategic mergers and acquisitions.