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

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

W. P. Carey Price Performance

WPC opened at $56.79 on Wednesday. The stock’s 50 day simple moving average is $55.29 and its 200 day simple moving average is $57.60. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.00 and a quick ratio of 1.00. W. P. Carey has a 1 year low of $52.91 and a 1 year high of $64.26. The firm has a market cap of $12.43 billion, a price-to-earnings ratio of 21.70, a PEG ratio of 1.02 and a beta of 0.97.

W. P. Carey Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 6.20%. This is a positive change from W. P. Carey’s previous quarterly dividend of $0.88. The ex-dividend date was Tuesday, December 31st. W. P. Carey’s dividend payout ratio (DPR) is presently 138.58%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on WPC shares. JMP Securities reiterated a “market perform” rating on shares of W. P. Carey in a report on Friday, January 10th. UBS Group lowered their target price on W. P. Carey from $62.00 to $60.00 and set a “neutral” rating for the company in a research note on Thursday, November 14th. Barclays lowered their price objective on W. P. Carey from $59.00 to $56.00 and set an “underweight” rating for the company in a research note on Tuesday, February 4th. Finally, Scotiabank lowered their price objective on 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. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target 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.