W.P. Carey (NYSE:WPC) Given New $68.00 Price Target at Barclays

W.P. Carey (NYSE:WPC) had its price target raised by Barclays from $65.00 to $68.00 in a research report report published on Friday morning,Benzinga reports. Barclays currently has an underweight rating on the real estate investment trust’s stock.

WPC has been the subject of a number of other research reports. UBS Group increased their target price on W.P. Carey from $68.00 to $75.00 and gave the company a “neutral” rating in a report on Monday, March 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of W.P. Carey in a report on Wednesday, January 21st. Royal Bank Of Canada upped their price target on W.P. Carey from $70.00 to $72.00 and gave the company a “sector perform” rating in a research report on Thursday, February 12th. Scotiabank increased their price objective on W.P. Carey from $72.00 to $73.00 and gave the stock a “sector perform” rating in a research note on Monday, March 2nd. Finally, Citigroup raised their price objective on W.P. Carey from $60.00 to $69.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Two research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, W.P. Carey currently has a consensus rating of “Hold” and a consensus target price of $71.44.

W.P. Carey Stock Down 0.5%

WPC stock opened at $71.45 on Friday. W.P. Carey has a 52-week low of $54.24 and a 52-week high of $75.69. The company’s 50 day simple moving average is $70.68 and its 200-day simple moving average is $68.14. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.14 and a quick ratio of 0.14. The firm has a market capitalization of $15.66 billion, a P/E ratio of 33.86, a P/E/G ratio of 4.89 and a beta of 0.76.

W.P. Carey (NYSE:WPC) last posted its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $1.25 by $0.02. W.P. Carey had a net margin of 27.17% and a return on equity of 5.67%. The firm had revenue of $444.55 million during the quarter, compared to analyst estimates of $433.28 million. During the same quarter last year, the business posted $1.21 EPS. The company’s revenue was up 9.6% on a year-over-year basis. W.P. Carey has set its FY 2026 guidance at 5.130-5.230 EPS. As a group, equities research analysts anticipate that W.P. Carey will post 4.87 EPS for the current year.

W.P. Carey Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $0.93 per share. The ex-dividend date is Tuesday, March 31st. This represents a $3.72 annualized dividend and a dividend yield of 5.2%. This is an increase from W.P. Carey’s previous quarterly dividend of $0.92. W.P. Carey’s dividend payout ratio is presently 174.41%.

Institutional Trading of W.P. Carey

Several hedge funds and other institutional investors have recently modified their holdings of the company. Invesco Ltd. grew its stake in W.P. Carey by 416.8% in the third quarter. Invesco Ltd. now owns 3,892,462 shares of the real estate investment trust’s stock valued at $263,014,000 after purchasing an additional 3,139,266 shares in the last quarter. Norges Bank purchased a new stake in shares of W.P. Carey during the 4th quarter worth about $184,035,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of W.P. Carey by 31,629.0% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,163,285 shares of the real estate investment trust’s stock worth $139,229,000 after purchasing an additional 2,156,467 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of W.P. Carey by 1,183.6% during the 3rd quarter. Wellington Management Group LLP now owns 1,130,402 shares of the real estate investment trust’s stock valued at $76,381,000 after buying an additional 1,042,334 shares during the last quarter. Finally, Captrust Financial Advisors lifted its holdings in shares of W.P. Carey by 2,712.0% during the 2nd quarter. Captrust Financial Advisors now owns 771,534 shares of the real estate investment trust’s stock valued at $48,128,000 after buying an additional 744,097 shares during the last quarter. 73.73% of the stock is currently owned by hedge funds and other institutional investors.

More W.P. Carey News

Here are the key news stories impacting W.P. Carey this week:

• Positive Sentiment: W.P. Carey increased its quarterly dividend to $0.93/share (annualized yield ~5.1%) with an ex-dividend date of March 31 and pay date April 15 — a steady income signal and the seventh raise since the 2023 reset. This supports the REIT’s appeal to yield-focused investors. W. P. Carey Increases Quarterly Dividend to $0.930 per Share
• Positive Sentiment: Analysts and commentators note the dividend hike is supported by stable leases and high occupancy; coverage discusses sustainability of the payout — a reassurance for dividend investors even as total-return drivers remain mixed. W.P. Carey Announces Dividend Hike: Is the Increase Sustainable?
• Neutral Sentiment: Analyst consensus remains around a “Hold” / average recommendation, signaling no broad upgrade momentum across the sell side despite the dividend move. This suggests mixed conviction on near-term upside. W.P. Carey Inc. (NYSE:WPC) Receives Average Recommendation of “Hold” from Analysts
• Neutral Sentiment: Coverage pieces are framing a shifting narrative after recent analyst updates and the post-earnings reaction; these explain why sentiment is changing but do not point to a single catalyst that will decisively move the stock. Why The Narrative Around W. P. Carey (WPC) Is Shifting After Recent Analyst Updates
• Neutral Sentiment: Market-post earnings writeups explore why WPC is modestly down since its last report — helpful context but largely descriptive rather than presenting new company-specific negative developments. Why is WP Carey (WPC) down 1.1% since last earnings report?
• Negative Sentiment: Barclays kept an “underweight” rating and nudged its price target from $65 to $68 — still below the current market level and cited as a near-term headwind because it signals downside from a sizable sell-side firm and may prompt more cautious positioning. Benzinga

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.