W.P. Carey (NYSE:WPC) Upgraded to “Strong-Buy” at Jefferies Financial Group

Posted by Stanley Muller on Sep 23rd, 2026

Jefferies Financial Group upgraded shares of W.P. Carey (NYSE:WPC – Free Report) to a strong-buy rating in a research report released on Tuesday morning,Zacks reports.

Other equities research analysts have also recently issued reports about the stock. Bank of America raised shares of W.P. Carey from an “underperform” rating to a “neutral” rating and lifted their price objective for the stock from $73.00 to $83.00 in a research report on Tuesday, June 16th. Wells Fargo & Company increased their target price on W.P. Carey from $77.00 to $80.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Benchmark assumed coverage on W.P. Carey in a research note on Tuesday. They issued a “buy” rating on the stock. Scotiabank decreased their price target on W.P. Carey from $77.00 to $76.00 and set a “sector perform” rating for the company in a report on Thursday, September 17th. Finally, Royal Bank Of Canada upped their price objective on W.P. Carey from $73.00 to $77.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $78.71.

Check Out Our Latest Stock Report on W.P. Carey

W.P. Carey Stock Up 1.2%

Shares of NYSE:WPC opened at $66.99 on Tuesday. W.P. Carey has a fifty-two week low of $63.08 and a fifty-two week high of $77.22. The firm’s 50 day moving average price is $71.48 and its 200 day moving average price is $72.04. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 1.01. The stock has a market cap of $15.26 billion, a price-to-earnings ratio of 22.86, a price-to-earnings-growth ratio of 3.29 and a beta of 0.75.

W.P. Carey Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.95 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $3.80 annualized dividend and a yield of 5.7%. This is a boost from W.P. Carey’s previous quarterly dividend of $0.94. W.P. Carey’s dividend payout ratio (DPR) is currently 128.33%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of WPC. BlackRock Inc. purchased a new position in W.P. Carey in the 2nd quarter valued at $2,371,801,000. Geode Capital Management LLC raised its position in W.P. Carey by 2.4% during the 4th quarter. Geode Capital Management LLC now owns 4,795,604 shares of the real estate investment trust’s stock worth $307,913,000 after buying an additional 110,306 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of W.P. Carey by 4.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,348,132 shares of the real estate investment trust’s stock worth $227,539,000 after acquiring an additional 155,857 shares during the period. Legal & General Group Plc purchased a new stake in shares of W.P. Carey in the second quarter valued at about $189,315,000. Finally, Norges Bank purchased a new stake in shares of W.P. Carey in the fourth quarter valued at about $184,035,000. 73.73% of the stock is currently owned by hedge funds and other institutional investors.

About W.P. Carey

(Get Free Report)

W.P. Carey Inc (NYSE: WPC) is a diversified real estate investment trust that owns and manages a portfolio of commercial properties leased to companies under long-term, primarily net lease agreements. Under these arrangements, tenants generally assume responsibility for property taxes, insurance and maintenance, allowing W.P. Carey to generate contractual rental income.

The company invests in and provides sale-leaseback and build-to-suit financing solutions for businesses. Its portfolio has historically included industrial and warehouse facilities, retail properties, office buildings, self-storage facilities and other commercial real estate.