W.P. Carey (NYSE:WPC – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 5.160-5.260 for the period, compared to the consensus earnings per share estimate of 5.040. The company issued revenue guidance of -.
Analysts Set New Price Targets
A number of brokerages have recently commented on WPC. Weiss Ratings raised shares of W.P. Carey from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, May 4th. Barclays boosted their price objective on shares of W.P. Carey from $72.00 to $78.00 and gave the stock an “underweight” rating in a report on Tuesday, May 19th. UBS Group set a $76.00 target price on shares of W.P. Carey in a research report on Thursday. Wolfe Research upgraded shares of W.P. Carey from a “peer perform” rating to an “outperform” rating and set a $85.00 price target for the company in a research report on Monday, June 8th. Finally, Scotiabank decreased their price objective on W.P. Carey from $79.00 to $76.00 and set a “sector perform” rating on the stock in a report on Thursday. Six equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $77.83.
Check Out Our Latest Report on W.P. Carey
W.P. Carey Stock Performance
W.P. Carey (NYSE:WPC – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.69. The firm had revenue of $454.51 million for the quarter, compared to analysts’ expectations of $430.64 million. W.P. Carey had a return on equity of 6.29% and a net margin of 29.35%.The business’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.17 EPS. W.P. Carey has set its FY 2026 guidance at 5.160-5.260 EPS. On average, equities analysts forecast that W.P. Carey will post 5.04 earnings per share for the current fiscal year.
W.P. Carey Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend is Tuesday, June 30th. This is a positive change from W.P. Carey’s previous quarterly dividend of $0.93. W.P. Carey’s payout ratio is currently 158.97%.
Insider Activity
In other news, CAO Brian H. Zander sold 433 shares of the firm’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $74.00, for a total value of $32,042.00. Following the transaction, the chief accounting officer directly owned 13,882 shares in the company, valued at $1,027,268. This trade represents a 3.02% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.98% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On W.P. Carey
A number of institutional investors have recently bought and sold shares of WPC. Jacobi Capital Management LLC grew its holdings in W.P. Carey by 2.5% during the fourth 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 increased its holdings in W.P. Carey by 2.0% in the 4th quarter. Gen Wealth Partners Inc now owns 7,572 shares of the real estate investment trust’s stock worth $487,000 after acquiring an additional 146 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its position in shares of W.P. Carey by 0.5% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 35,137 shares of the real estate investment trust’s stock valued at $2,261,000 after purchasing an additional 180 shares during the period. WealthPLAN Partners LLC grew its holdings in W.P. Carey by 2.8% during the 4th quarter. WealthPLAN Partners LLC now owns 7,169 shares of the real estate investment trust’s stock valued at $461,000 after buying an additional 194 shares in the last quarter. Finally, Parallel Advisors LLC grew its position 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 worth $268,000 after acquiring an additional 216 shares in the last quarter. 73.73% of the stock is owned by institutional investors.
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.
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