W.P. Carey (NYSE:WPC – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 5.160-5.260 for the period, compared to the consensus EPS estimate of 5.040. The company issued revenue guidance of -.
W.P. Carey Trading Up 0.9%
WPC opened at $76.12 on Wednesday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.35 and a quick ratio of 0.35. The company has a market cap of $16.95 billion, a price-to-earnings ratio of 32.53, a price-to-earnings-growth ratio of 3.23 and a beta of 0.76. The firm has a 50 day simple moving average of $73.63 and a 200 day simple moving average of $70.53. W.P. Carey has a fifty-two week low of $61.09 and a fifty-two week high of $76.97.
W.P. Carey (NYSE:WPC – Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.69. The firm had revenue of $454.51 million during the quarter, compared to analysts’ expectations of $430.64 million. W.P. Carey had a net margin of 29.35% and a return on equity of 6.29%. The business’s revenue for the quarter was up 11.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.17 earnings per share. W.P. Carey has set its FY 2026 guidance at 5.160-5.260 EPS. On average, sell-side analysts anticipate that W.P. Carey will post 5.04 earnings per share for the current year.
W.P. Carey Increases Dividend
Analysts Set New Price Targets
WPC has been the subject of a number of analyst reports. Evercore set a $74.00 price objective on shares of W.P. Carey in a report on Tuesday, February 17th. Raymond James Financial upgraded shares of W.P. Carey from a “market perform” rating to an “outperform” rating and set a $76.00 price objective for the company in a report on Tuesday, March 17th. Wells Fargo & Company boosted their price objective on shares of W.P. Carey from $77.00 to $80.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Bank of America upgraded shares of W.P. Carey from an “underperform” rating to a “neutral” rating and boosted their price objective for the company from $73.00 to $83.00 in a report on Tuesday. Finally, UBS Group boosted their price objective on shares of W.P. Carey from $68.00 to $75.00 and gave the company a “neutral” rating in a report on Monday, March 9th. Five investment 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, W.P. Carey presently has a consensus rating of “Hold” and an average price target of $77.45.
Insider Buying and Selling at W.P. Carey
In other news, CAO Brian H. Zander sold 433 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $74.00, for a total value of $32,042.00. Following the completion of the transaction, the chief accounting officer owned 13,882 shares in the company, valued at $1,027,268. This represents a 3.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.98% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Invesco Ltd. lifted its position in shares of W.P. Carey by 1.6% in the second quarter. Invesco Ltd. now owns 753,196 shares of the real estate investment trust’s stock worth $46,984,000 after purchasing an additional 11,635 shares in the last quarter. Cary Street Partners Financial LLC bought a new stake in shares of W.P. Carey in the second quarter worth $115,000. Bank of Nova Scotia lifted its position in shares of W.P. Carey by 7.3% in the second quarter. Bank of Nova Scotia now owns 8,164 shares of the real estate investment trust’s stock worth $509,000 after purchasing an additional 555 shares in the last quarter. Qube Research & Technologies Ltd bought a new stake in shares of W.P. Carey in the second quarter worth $3,494,000. Finally, Sei Investments Co. lifted its position in shares of W.P. Carey by 73.0% in the second quarter. Sei Investments Co. now owns 96,983 shares of the real estate investment trust’s stock worth $6,050,000 after purchasing an additional 40,908 shares in the last quarter. Institutional investors and hedge funds own 73.73% of the company’s stock.
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.
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