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

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

Analysts Set New Price Targets

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

W. P. Carey Price Performance

Shares of NYSE WPC opened at $56.79 on Wednesday. The firm has a market capitalization of $12.43 billion, a P/E ratio of 21.70, 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 stock’s 50-day simple moving average is $55.29 and its two-hundred day simple moving average is $57.60. W. P. Carey has a twelve month low of $52.91 and a twelve month high of $64.26.

W. P. Carey Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.88 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This is a positive change from W. P. Carey’s previous quarterly dividend of $0.88. This represents a $3.52 annualized dividend and a dividend yield of 6.20%. W. P. Carey’s dividend payout ratio is 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.