W. P. Carey (NYSE:WPC) Releases FY 2025 Earnings Guidance

W. P. Carey (NYSE:WPC) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 4.820-4.920 for the period, compared to the consensus earnings per share estimate of 4.860. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several brokerages have recently commented on WPC. UBS Group lowered their price target on shares of W. P. Carey from $62.00 to $60.00 and set a “neutral” rating for the company in a research report on Thursday, November 14th. Scotiabank lowered their target price on shares of W. P. Carey from $60.00 to $59.00 and set a “sector perform” rating for the company in a report on Thursday, January 16th. JMP Securities reissued a “market perform” rating on shares of W. P. Carey in a research note on Friday, January 10th. Finally, Barclays decreased their price objective on W. P. Carey from $59.00 to $56.00 and set an “underweight” rating for the company in a research note on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $62.00.

W. P. Carey Trading Up 2.7 %

Shares of NYSE WPC opened at $57.64 on Thursday. W. P. Carey has a twelve month low of $52.91 and a twelve month high of $64.26. The stock has a market cap of $12.61 billion, a price-to-earnings ratio of 22.69, a P/E/G ratio of 1.02 and a beta of 0.97. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.90. The company’s fifty day moving average is $55.33 and its 200-day moving average is $57.60.

W. P. Carey Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 6.11%. This is a boost from W. P. Carey’s previous quarterly dividend of $0.88. The ex-dividend date was Tuesday, December 31st. W. P. Carey’s payout ratio is presently 138.58%.

W. P. Carey Company Profile

W. P. Carey ranks among the largest net lease REITs with a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,424 net lease properties covering approximately 173 million square feet and a portfolio of 89 self-storage operating properties as of December 31, 2023.