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

W. P. Carey (NYSE:WPC) issued an update on its FY 2025 earnings guidance on Tuesday morning. 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 -.

W. P. Carey Trading Up 0.8 %

W. P. Carey stock traded up $0.43 during mid-day trading on Tuesday, hitting $56.16. The stock had a trading volume of 1,151,774 shares, compared to its average volume of 931,652. The stock has a 50-day simple moving average of $55.28 and a two-hundred day simple moving average of $57.63. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.90. The stock has a market capitalization of $12.29 billion, a PE ratio of 22.11, a P/E/G ratio of 1.02 and a beta of 0.97. W. P. Carey has a 12 month low of $52.91 and a 12 month high of $64.26.

W. P. Carey (NYSE:WPC) last released its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.67. W. P. Carey had a return on equity of 6.45% and a net margin of 35.12%. As a group, sell-side analysts forecast that W. P. Carey will post 4.49 EPS for the current year.

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 paid a $0.88 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $3.52 dividend on an annualized basis and a yield of 6.27%. This is a positive change from W. P. Carey’s previous quarterly dividend of $0.88. W. P. Carey’s payout ratio is presently 138.58%.

Analysts Set New Price Targets

WPC has been the subject of a number of research reports. JMP Securities reiterated a “market perform” rating on shares of W. P. Carey in a report on Friday, January 10th. Barclays decreased 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 research report on Tuesday, February 4th. Scotiabank reduced 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 research note on Thursday, January 16th. Finally, UBS Group lowered their target price on W. P. Carey from $62.00 to $60.00 and set a “neutral” rating on the stock in a research report on Thursday, November 14th. One analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $62.00.

About W. P. Carey

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.