W.P. Carey (NYSE:WPC) Price Target Cut to $67.00 by Analysts at Citigroup

Posted by Brian Himes on Oct 29th, 2026

W.P. Carey (NYSE:WPC – Get Free Report) had its price target dropped by Citigroup from $75.00 to $67.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage presently has a “neutral” rating on the real estate investment trust’s stock. Citigroup‘s price objective would indicate a potential upside of 3.27% from the company’s current price.

A number of other research analysts have also recently issued reports on the stock. Evercore set a $75.00 price objective on shares of W.P. Carey in a report on Monday, September 21st. Jefferies Financial Group started coverage on W.P. Carey in a research note on Tuesday, September 22nd. They set a “buy” rating and a $73.00 price target for the company. BMO Capital Markets reissued an “outperform” rating on shares of W.P. Carey in a report on Wednesday. Scotiabank lowered their price objective on W.P. Carey from $76.00 to $68.00 and set a “sector perform” rating for the company in a research note on Thursday, September 24th. Finally, Wells Fargo & Company dropped their target price on W.P. Carey from $80.00 to $73.00 and set an “overweight” rating on the stock in a report on Monday, October 19th. Nine investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $76.79.

Read Our Latest Stock Report on WPC

W.P. Carey Stock Up 2.9%

Shares of NYSE WPC traded up $1.80 during midday trading on Thursday, hitting $64.88. 2,128,453 shares of the stock traded hands, compared to its average volume of 1,431,218. The company has a market cap of $14.78 billion, a PE ratio of 22.14, a P/E/G ratio of 3.23 and a beta of 0.75. W.P. Carey has a one year low of $62.19 and a one year high of $77.22. The business has a 50 day moving average price of $66.86 and a two-hundred day moving average price of $70.83. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.22 and a current ratio of 0.22.

W.P. Carey (NYSE:WPC – Get Free Report) last issued its earnings results on Tuesday, October 27th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.09). The firm had revenue of $468.30 million during the quarter, compared to the consensus estimate of $457.57 million. W.P. Carey had a return on equity of 7.81% and a net margin of 36.34%. W.P. Carey’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.25 earnings per share. On average, equities analysts predict that W.P. Carey will post 5.07 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in WPC. Virtue Capital Management LLC lifted its position in shares of W.P. Carey by 20.3% during the 3rd quarter. Virtue Capital Management LLC now owns 3,433 shares of the real estate investment trust’s stock worth $222,000 after buying an additional 579 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of W.P. Carey in the 3rd quarter worth approximately $401,000. MGO One Seven LLC grew its holdings in shares of W.P. Carey by 30.0% in the third quarter. MGO One Seven LLC now owns 11,925 shares of the real estate investment trust’s stock valued at $771,000 after acquiring an additional 2,750 shares in the last quarter. State of Wyoming bought a new position in shares of W.P. Carey in the third quarter valued at approximately $388,000. Finally, International Assets Investment Management LLC increased its position in shares of W.P. Carey by 156.5% during the third quarter. International Assets Investment Management LLC now owns 16,025 shares of the real estate investment trust’s stock valued at $1,036,000 after acquiring an additional 9,777 shares during the last quarter. 73.73% of the stock is currently owned by hedge funds and other institutional investors.

W.P. Carey Company Profile

(Get Free Report)

W.P. Carey Inc (NYSE: WPC) is a real estate investment trust specializing in the ownership and management of commercial properties under long-term, net lease agreements. In a net lease arrangement, tenants generally assume responsibility for property taxes, insurance and maintenance, allowing W.P. Carey to generate rental income with relatively predictable operating expenses.

The company’s portfolio is diversified across industrial, warehouse, retail, self-storage and other commercial properties.