W.P. Carey Inc. (NYSE:WPC) Given Consensus Rating of “Hold” by Analysts

Shares of W.P. Carey Inc. (NYSE:WPC) have received an average rating of “Hold” from the eleven analysts that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $69.40.

WPC has been the topic of a number of analyst reports. Royal Bank Of Canada lifted their price objective on shares of W.P. Carey from $70.00 to $72.00 and gave the stock a “sector perform” rating in a report on Thursday. Weiss Ratings restated a “hold (c)” rating on shares of W.P. Carey in a report on Wednesday, January 21st. JPMorgan Chase & Co. reduced their price objective on shares of W.P. Carey from $79.00 to $74.00 and set an “overweight” rating for the company in a research report on Tuesday, December 9th. Scotiabank lifted their target price on shares of W.P. Carey from $67.00 to $72.00 and gave the stock a “sector perform” rating in a research report on Monday, February 2nd. Finally, Citigroup boosted their target price on W.P. Carey from $60.00 to $69.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th.

Institutional Investors Weigh In On W.P. Carey

Several large investors have recently made changes to their positions in WPC. Jacobi Capital Management LLC boosted its holdings in shares of W.P. Carey by 2.5% in the 4th quarter. Jacobi Capital Management LLC now owns 5,886 shares of the real estate investment trust’s stock worth $379,000 after buying an additional 145 shares during the last quarter. Gen Wealth Partners Inc boosted its stake in W.P. Carey by 2.0% in the fourth quarter. Gen Wealth Partners Inc now owns 7,572 shares of the real estate investment trust’s stock valued at $487,000 after acquiring an additional 146 shares during the last quarter. Turning Point Benefit Group Inc. boosted its stake in W.P. Carey by 6.3% in the fourth quarter. Turning Point Benefit Group Inc. now owns 2,511 shares of the real estate investment trust’s stock valued at $162,000 after acquiring an additional 148 shares during the last quarter. Brookwood Investment Group LLC grew its position in shares of W.P. Carey by 1.7% during the 4th quarter. Brookwood Investment Group LLC now owns 8,936 shares of the real estate investment trust’s stock valued at $575,000 after acquiring an additional 149 shares during the period. Finally, Austin Private Wealth LLC increased its stake in shares of W.P. Carey by 2.1% during the 3rd quarter. Austin Private Wealth LLC now owns 7,654 shares of the real estate investment trust’s stock worth $517,000 after purchasing an additional 161 shares during the last quarter. 73.73% of the stock is owned by hedge funds and other institutional investors.

W.P. Carey Stock Performance

Shares of W.P. Carey stock opened at $74.17 on Monday. W.P. Carey has a 52 week low of $54.24 and a 52 week high of $74.29. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 1.02. The business has a 50 day moving average price of $67.47 and a 200-day moving average price of $67.13. The company has a market cap of $16.26 billion, a PE ratio of 35.15, a price-to-earnings-growth ratio of 6.33 and a beta of 0.78.

W.P. Carey (NYSE:WPC) last announced its earnings results on Tuesday, February 10th. The real estate investment trust reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.02. W.P. Carey had a return on equity of 5.67% and a net margin of 27.17%.The company had revenue of $444.55 million for the quarter, compared to analysts’ expectations of $433.28 million. During the same quarter in the previous year, the firm earned $1.21 earnings per share. W.P. Carey’s quarterly 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. Equities analysts anticipate that W.P. Carey will post 4.87 earnings per share for the current fiscal year.

W.P. Carey Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were given a $0.92 dividend. This is an increase from W.P. Carey’s previous quarterly dividend of $0.91. This represents a $3.68 annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend was Wednesday, December 31st. W.P. Carey’s payout ratio is presently 174.41%.

About W.P. Carey

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.