W.P. Carey (NYSE:WPC – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 5.190-5.270 for the period, compared to the consensus estimate of 5.060. The company issued revenue guidance of -.
W.P. Carey Trading Down 0.5%
W.P. Carey stock traded down $0.39 during mid-day trading on Thursday, reaching $71.79. 750,088 shares of the company traded hands, compared to its average volume of 1,410,448. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.22 and a quick ratio of 0.22. The firm’s 50 day moving average price is $73.49 and its 200 day moving average price is $72.38. The firm has a market capitalization of $16.35 billion, a price-to-earnings ratio of 24.50, a P/E/G ratio of 3.60 and a beta of 0.75. W.P. Carey has a 52-week low of $63.08 and a 52-week high of $77.22.
W.P. Carey Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $0.94 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This is a positive change from W.P. Carey’s previous quarterly dividend of $0.93. This represents a $3.76 annualized dividend and a yield of 5.2%. W.P. Carey’s payout ratio is currently 128.33%.
Analysts Set New Price Targets
Check Out Our Latest Stock Analysis on W.P. Carey
Institutional Trading of W.P. Carey
A number of institutional investors and hedge funds have recently modified their holdings of WPC. Invesco Ltd. grew its position in shares of W.P. Carey by 416.8% during the third quarter. Invesco Ltd. now owns 3,892,462 shares of the real estate investment trust’s stock worth $263,014,000 after purchasing an additional 3,139,266 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in W.P. Carey by 31,629.0% during the fourth 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 valued at $139,229,000 after purchasing an additional 2,156,467 shares in the last quarter. Wellington Management Group LLP raised its position in shares of W.P. Carey by 1,183.6% during the 3rd quarter. Wellington Management Group LLP now owns 1,130,402 shares of the real estate investment trust’s stock valued at $76,381,000 after buying an additional 1,042,334 shares in the last quarter. Captrust Financial Advisors raised its position in W.P. Carey by 2,712.0% during the second quarter. Captrust Financial Advisors now owns 771,534 shares of the real estate investment trust’s stock valued at $48,128,000 after purchasing an additional 744,097 shares during the period. Finally, Caisse de depot et placement du Quebec raised its holdings in W.P. Carey by 529.2% during the 4th quarter. Caisse de depot et placement du Quebec now owns 704,038 shares of the real estate investment trust’s stock valued at $45,312,000 after buying an additional 592,142 shares during the period. Institutional investors 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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