Key Points
- CAO Brian Zander sold 433 shares on May 6 at an average price of $74 for $32,042, reducing his holding by 3.02% to 13,882 shares as disclosed in an SEC filing.
- Strong quarterly results and guidance: W.P. Carey reported $1.30 EPS (vs. $0.61 expected) and $454.5M revenue (+11.2% YoY), and set FY2026 guidance of $5.160–$5.260 EPS.
- Dividend increase with high payout ratio: The quarterly dividend was raised to $0.93 ($3.72 annualized) for a ~5.0% yield, while the payout ratio sits around 158.97%.
W.P. Carey Inc. (NYSE:WPC - Get Free Report) CAO Brian Zander sold 433 shares of the business's stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $74.00, for a total transaction of $32,042.00. Following the completion of the transaction, the chief accounting officer directly owned 13,882 shares in the company, valued at $1,027,268. This trade represents a 3.02% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.
W.P. Carey Price Performance
WPC stock opened at $73.78 on Friday. W.P. Carey Inc. has a one year low of $59.34 and a one year high of $75.69. The company's fifty day moving average price is $71.53 and its 200-day moving average price is $69.03. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.35 and a current ratio of 0.35. The company has a market capitalization of $16.43 billion, a PE ratio of 31.53, a price-to-earnings-growth ratio of 3.17 and a beta of 0.77.
W.P. Carey (NYSE:WPC - Get Free Report) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.30 EPS for the quarter, topping the consensus estimate of $0.61 by $0.69. W.P. Carey had a net margin of 29.35% and a return on equity of 6.29%. The firm had revenue of $454.51 million for the quarter, compared to the consensus estimate of $430.64 million. During the same quarter in the previous year, the firm earned $1.17 earnings per share. The company's quarterly revenue was up 11.2% compared to the same quarter last year. W.P. Carey has set its FY 2026 guidance at 5.160-5.260 EPS. On average, equities analysts anticipate that W.P. Carey Inc. will post 5.02 EPS for the current fiscal year.
W.P. Carey Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a dividend of $0.93 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This is a positive change from W.P. Carey's previous quarterly dividend of $0.92. This represents a $3.72 dividend on an annualized basis and a yield of 5.0%. W.P. Carey's payout ratio is currently 158.97%.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. Laurel Wealth Advisors LLC purchased a new stake in W.P. Carey during the fourth quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC purchased a new position in W.P. Carey in the fourth quarter worth $26,000. Olistico Wealth LLC purchased a new position in W.P. Carey in the fourth quarter worth $28,000. Osbon Capital Management LLC acquired a new position in shares of W.P. Carey during the fourth quarter worth $29,000. Finally, Headlands Technologies LLC acquired a new position in shares of W.P. Carey during the second quarter worth $30,000. Institutional investors own 73.73% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on the stock. Barclays upped their price target on shares of W.P. Carey from $68.00 to $72.00 and gave the company an "underweight" rating in a research note on Tuesday, April 21st. Citigroup upped their price objective on W.P. Carey from $69.00 to $75.00 and gave the company a "neutral" rating in a research report on Monday. Royal Bank Of Canada raised their target price on shares of W.P. Carey from $72.00 to $73.00 and gave the stock a "sector perform" rating in a research report on Thursday, April 30th. Weiss Ratings upgraded W.P. Carey from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday. Finally, Raymond James Financial raised shares of W.P. Carey from a "market perform" rating to an "outperform" rating and set a $76.00 price target for the company in a research report on Tuesday, March 17th. Four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $73.00.
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W.P. Carey Company Profile
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W. P. Carey Inc is a diversified net-lease real estate investment trust specializing in single-tenant commercial properties. The company structures sale-leaseback and build-to-suit transactions to provide long-term net lease financing across a variety of asset classes, including industrial facilities, office buildings, retail centers and self-storage facilities. By employing triple net leases, W. P. Carey transfers property operating expenses, taxes and maintenance responsibility to tenants, creating a stable, predictable income stream for investors.
Founded in 1973 by William Polk Carey, the firm has expanded organically and through strategic mergers and acquisitions.
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