W.P. Carey (NYSE:WPC) Releases Quarterly Earnings Results, Beats Estimates By $0.66 EPS

Key Points

• Earnings beat: W.P. Carey reported Q results of $1.30 EPS, beating estimates by $0.66 (consensus $0.64) with revenue of $454.51M (+11.2% YoY), and updated FY2026 guidance to $5.160–$5.260 EPS.
• Dividend raised: The company increased its quarterly dividend to $0.93 (annualized $3.72) for a 5.1% yield, although the dividend payout ratio is high at 176.3%.
• Shares traded up 0.4% to $72.70; market cap is about $15.94B with a P/E of 34.45, analysts’ consensus rating is "Hold" with a $72.30 average price target, and institutional investors own roughly 73.7% of the stock.

W.P. Carey (NYSE:WPC - Get Free Report) announced its quarterly earnings data on Tuesday. The real estate investment trust reported $1.30 earnings per share for the quarter, beating analysts' consensus estimates of $0.64 by $0.66, Zacks reports. The company had revenue of $454.51 million for the quarter, compared to analysts' expectations of $435.88 million. W.P. Carey had a return on equity of 5.67% and a net margin of 27.17%.W.P. Carey's revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period last year, the firm posted $1.17 EPS. W.P. Carey updated its FY 2026 guidance to 5.160-5.260 EPS.

W.P. Carey Trading Up 0.4%

Shares of WPC traded up $0.30 during mid-day trading on Tuesday, hitting $72.70. 1,435,515 shares of the company's stock traded hands, compared to its average volume of 1,336,560. 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 firm has a market capitalization of $15.94 billion, a P/E ratio of 34.45, a PEG ratio of 4.81 and a beta of 0.78. The business's 50-day moving average price is $71.48 and its 200-day moving average price is $68.80. W.P. Carey has a 1 year low of $59.34 and a 1 year high of $75.69.

W.P. Carey Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given a $0.93 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $3.72 dividend on an annualized basis and a dividend yield of 5.1%. This is an increase from W.P. Carey's previous quarterly dividend of $0.92. W.P. Carey's dividend payout ratio is 176.30%.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Barclays lifted their price target on shares of W.P. Carey from $68.00 to $72.00 and gave the stock an "underweight" rating in a research note on Tuesday, April 21st. Citigroup lifted their target price on shares of W.P. Carey from $60.00 to $69.00 and gave the stock a "neutral" rating in a research report on Wednesday, January 14th. Evercore set a $74.00 price target on shares of W.P. Carey in a research report on Tuesday, February 17th. UBS Group lifted their price objective on W.P. Carey from $68.00 to $75.00 and gave the stock a "neutral" rating in a report on Monday, March 9th. Finally, Royal Bank Of Canada raised their price target on W.P. Carey from $70.00 to $72.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 12th. Three equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, W.P. Carey currently has an average rating of "Hold" and a consensus price target of $72.30.

Institutional Trading of W.P. Carey

Several large investors have recently added to or reduced their stakes in the stock. Compound Planning Inc. increased its position in W.P. Carey by 2.9% during the 4th quarter. Compound Planning Inc. now owns 10,527 shares of the real estate investment trust's stock valued at $678,000 after purchasing an additional 292 shares during the period. Claris Financial LLC purchased a new stake in shares of W.P. Carey in the 4th quarter worth about $308,000. Invesco Ltd. boosted its stake in shares of W.P. Carey by 0.3% during the 4th quarter. Invesco Ltd. now owns 3,904,767 shares of the real estate investment trust's stock valued at $251,311,000 after purchasing an additional 12,305 shares in the last quarter. Corient Private Wealth LLC increased its position in shares of W.P. Carey by 237.2% during the fourth quarter. Corient Private Wealth LLC now owns 157,937 shares of the real estate investment trust's stock valued at $10,165,000 after buying an additional 111,095 shares during the period. Finally, Widmann Financial Services Inc. raised its stake in W.P. Carey by 7.9% in the fourth quarter. Widmann Financial Services Inc. now owns 4,985 shares of the real estate investment trust's stock worth $321,000 after buying an additional 367 shares in the last quarter. Institutional investors own 73.73% of the company's stock.

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.