W.P. Carey (NYSE:WPC) Issues FY 2026 Earnings Guidance

Key Points

• FY2026 EPS guidance: W.P. Carey issued guidance of about $5.16–$5.26 per share for FY2026, which is above the market consensus estimate of roughly $5.02.
• Dividend increase: The company raised its quarterly dividend to $0.93 (annualized $3.72), implying a ~5.1% yield, though the dividend payout ratio is high at about 176%.
• Analyst and market view: Several analysts have lifted price targets, but the consensus rating remains Hold with a consensus price target of $72.30 and shares trading near $72.70.

W.P. Carey (NYSE:WPC - Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 5.160-5.260 for the period, compared to the consensus EPS estimate of 5.020. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Citigroup lifted their target price on W.P. Carey from $60.00 to $69.00 and gave the company a "neutral" rating in a report on Wednesday, January 14th. Scotiabank boosted their price objective on W.P. Carey from $72.00 to $73.00 and gave the stock a "sector perform" rating in a report on Monday, March 2nd. Barclays boosted their price objective on W.P. Carey from $68.00 to $72.00 and gave the stock an "underweight" rating in a report on Tuesday, April 21st. Weiss Ratings reissued a "hold (c)" rating on shares of W.P. Carey in a report on Wednesday, January 21st. Finally, UBS Group boosted 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. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $72.30.

W.P. Carey Price Performance

Shares of NYSE WPC traded up $0.30 during midday trading on Tuesday, hitting $72.70. 1,435,515 shares of the company's stock were exchanged, compared to its average volume of 1,336,560. W.P. Carey has a 12-month low of $59.34 and a 12-month high of $75.69. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 1.02. The company has a market cap of $15.94 billion, a price-to-earnings ratio of 34.45, a PEG ratio of 4.81 and a beta of 0.78. The business's fifty day moving average price is $71.48 and its two-hundred day moving average price is $68.80.

W.P. Carey (NYSE:WPC - Get Free Report) last issued its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $1.27 EPS for the quarter, topping the consensus estimate of $1.25 by $0.02. The company had revenue of $444.55 million during the quarter, compared to analyst estimates of $433.28 million. W.P. Carey had a return on equity of 5.67% and a net margin of 27.17%.W.P. Carey's revenue was up 9.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.21 earnings per share. W.P. Carey has set its FY 2026 guidance at 5.130-5.230 EPS. As a group, research analysts forecast that W.P. Carey will post 5.02 EPS for the current fiscal year.

W.P. Carey Increases Dividend

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

Institutional Trading of W.P. Carey

A number of hedge funds have recently bought and sold shares of the company. State Street Corp lifted its position in W.P. Carey by 1.0% in the 3rd quarter. State Street Corp now owns 12,329,159 shares of the real estate investment trust's stock worth $844,065,000 after buying an additional 119,817 shares during the last quarter. Invesco Ltd. lifted its position in W.P. Carey by 0.3% in the 4th quarter. Invesco Ltd. now owns 3,904,767 shares of the real estate investment trust's stock worth $251,311,000 after buying an additional 12,305 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in W.P. Carey by 0.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,192,275 shares of the real estate investment trust's stock worth $205,462,000 after buying an additional 20,585 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in W.P. Carey by 5.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,947,595 shares of the real estate investment trust's stock worth $189,707,000 after buying an additional 143,876 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in W.P. Carey by 31,629.0% in 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 worth $139,229,000 after buying an additional 2,156,467 shares during 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.

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