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

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

W. P. Carey Price Performance

WPC stock opened at $62.68 on Thursday. The company has a 50-day moving average price of $60.46 and a 200 day moving average price of $58.42. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.95. The stock has a market cap of $13.72 billion, a PE ratio of 29.99, a P/E/G ratio of 1.06 and a beta of 0.95. W. P. Carey has a 12 month low of $52.91 and a 12 month high of $66.10.

W. P. Carey Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a $0.89 dividend. This is a boost from W. P. Carey’s previous quarterly dividend of $0.88. This represents a $3.56 dividend on an annualized basis and a dividend yield of 5.68%. The ex-dividend date of this dividend is Monday, March 31st. W. P. Carey’s dividend payout ratio (DPR) is currently 170.33%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on WPC shares. Royal Bank of Canada lifted their price target on shares of W. P. Carey from $61.00 to $62.00 and gave the stock an “outperform” rating in a report on Thursday, February 13th. JMP Securities reaffirmed a “market perform” rating on shares of W. P. Carey in a research report on Thursday, February 13th. Scotiabank lifted their price objective on shares of W. P. Carey from $59.00 to $63.00 and gave the stock a “sector perform” rating in a research note on Wednesday, March 12th. Evercore ISI increased their price objective on shares of W. P. Carey from $60.00 to $64.00 and gave the stock an “in-line” rating in a research note on Wednesday, February 19th. Finally, Wells Fargo & Company raised their target price on shares of W. P. Carey from $58.00 to $66.00 and gave the stock an “equal weight” rating in a report on Monday, March 10th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus 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.