W. P. Carey (NYSE:WPC - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 4.820-4.920 for the period, compared to the consensus estimate of 4.860. The company issued revenue guidance of -.
Analyst Ratings Changes
A number of equities analysts have commented on the company. Barclays lowered their price objective on W. P. Carey from $59.00 to $56.00 and set an "underweight" rating on the stock in a research note on Tuesday, February 4th. Royal Bank of Canada lifted 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. UBS Group decreased their price target on W. P. Carey from $62.00 to $60.00 and set a "neutral" rating on the stock in a research note on Thursday, November 14th. JMP Securities reiterated a "market perform" rating on shares of W. P. Carey in a research note on Thursday. Finally, Scotiabank decreased their price target on W. P. Carey from $60.00 to $59.00 and set a "sector perform" rating on the stock in a research note on Thursday, January 16th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, W. P. Carey presently has a consensus rating of "Hold" and a consensus price target of $62.00.
View Our Latest Research Report on W. P. Carey
W. P. Carey Price Performance
WPC stock traded down $0.15 during midday trading on Friday, reaching $58.72. 1,337,284 shares of the stock were exchanged, compared to its average volume of 849,474. The stock has a market capitalization of $12.85 billion, a PE ratio of 23.12, a P/E/G ratio of 1.02 and a beta of 0.97. W. P. Carey has a 52 week low of $52.91 and a 52 week high of $64.26. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.00 and a quick ratio of 1.00. The company has a fifty day moving average price of $55.44 and a 200 day moving average price of $57.57.
W. P. Carey Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 5.99%. The ex-dividend date was Tuesday, December 31st. This is a positive change from W. P. Carey's previous quarterly dividend of $0.88. W. P. Carey's payout ratio is 138.58%.
W. P. Carey Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider W. P. Carey, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and W. P. Carey wasn't on the list.
While W. P. Carey currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
