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

W. P. Carey (NYSE:WPC) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 4.820-4.920 for the period, compared to the consensus earnings per share estimate of 4.870. The company issued revenue guidance of -.

W. P. Carey Stock Performance

WPC opened at $63.01 on Wednesday. W. P. Carey has a 1-year low of $52.91 and a 1-year high of $66.10. The company has a market capitalization of $13.79 billion, a price-to-earnings ratio of 30.15, a price-to-earnings-growth ratio of 1.06 and a beta of 0.95. The business has a 50 day moving average price of $60.31 and a two-hundred day moving average price of $58.39. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.98 and a quick ratio of 0.98.

W. P. Carey Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.89 per share. This is a positive change from W. P. Carey’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.56 annualized dividend and a dividend yield of 5.65%. W. P. Carey’s dividend payout ratio (DPR) is 170.33%.

Analyst Upgrades and Downgrades

WPC has been the topic of a number of recent research reports. Wells Fargo & Company lifted their target price on W. P. Carey from $58.00 to $66.00 and gave the stock an “equal weight” rating in a report on Monday, March 10th. Scotiabank boosted their target price on W. P. Carey from $59.00 to $63.00 and gave the company a “sector perform” rating in a research note on Wednesday, March 12th. JMP Securities reissued a “market perform” rating on shares of W. P. Carey in a research report on Thursday, February 13th. Barclays raised their target price on W. P. Carey from $56.00 to $60.00 and gave the stock an “underweight” rating in a research report on Tuesday, March 4th. Finally, Royal Bank of Canada boosted their price target on W. P. Carey from $61.00 to $62.00 and gave the company an “outperform” rating in a research note on Thursday, February 13th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, W. P. Carey currently has an average rating of “Hold” and an average price target of $63.75.

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.