W.P. Carey (NYSE:WPC – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 5.190-5.270 for the period, compared to the consensus EPS estimate of 5.060. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
Several analysts recently issued reports on WPC shares. Evercore set a $77.00 price objective on W.P. Carey in a report on Thursday, July 30th. Wells Fargo & Company boosted their target price on W.P. Carey from $77.00 to $80.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. UBS Group reaffirmed a “neutral” rating on shares of W.P. Carey in a research report on Wednesday, July 29th. BMO Capital Markets cut their price target on W.P. Carey from $86.00 to $84.00 and set an “outperform” rating for the company in a research note on Thursday, June 18th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of W.P. Carey in a report on Friday, July 31st. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $79.31.
Get Our Latest Stock Analysis on WPC
W.P. Carey Stock Performance
W.P. Carey Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a $0.94 dividend. This is a boost from W.P. Carey’s previous quarterly dividend of $0.93. This represents a $3.76 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date was Tuesday, June 30th. W.P. Carey’s dividend payout ratio is currently 128.33%.
Hedge Funds Weigh In On W.P. Carey
Several institutional investors have recently bought and sold shares of the stock. Invesco Ltd. increased its stake in shares of 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 worth $263,014,000 after purchasing an additional 3,139,266 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in 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 valued at $139,229,000 after purchasing an additional 2,156,467 shares during the period. Wellington Management Group LLP boosted its stake in 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 purchasing an additional 1,042,334 shares during the period. Captrust Financial Advisors grew its holdings in W.P. Carey by 2,712.0% in 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. Finally, Caisse de depot et placement du Quebec grew its holdings in W.P. Carey by 529.2% in the 4th quarter. Caisse de depot et placement du Quebec now owns 704,038 shares of the real estate investment trust’s stock valued at $45,312,000 after buying an additional 592,142 shares during the last quarter. 73.73% of the stock is currently 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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