W. P. Carey Inc. (WPC) AI Stock Analysis

W. P. Carey Inc. is a net lease REIT investing in critical commercial real estate properties across the United States, Northern Europe, and Western Europe. Its portfolio includes single-tenant industrial, warehouse, office, retail, and self-storage properties operated under long-term net leases with built-in rent escalators. As of September 30, 2020, its portfolio spanned 1,215 net lease properties totaling approximately 142 million square feet. The company focuses on acquiring high-quality assets backed by strong tenant covenants to maintain steady cash flow and low vacancy risks across diverse industries.

Revenue expanded at an 8.0% compound annual rate from FY2020 to FY2025. Annual revenue grew from $1.26B in FY2021 to $1.47B in FY2022 and $1.74B in FY2023. Revenue fell 9.2% to $1.58B in FY2024 before rebounding 8.9% to $1.72B in FY2025. Net income was $466.4M in FY2025, yielding an EPS of $2.72 and an operating margin of 44.4%, down from 83.5% in FY2024. For the latest quarter ended June 30, 2026, revenue increased 18.4% year-over-year, while quarterly earnings surged 256.5%.

As of June 30, 2026, W. P. Carey held $163.5M in cash and short-term investments against total debt of $8.95B, resulting in net debt of $8.79B. Shareholders' equity stood at $8.67B, producing a debt-to-equity ratio of 1.03 and a current ratio of 0.46. In FY2025, operating cash flow reached $1.28B and free cash flow was $1.09B. Cash deployment in FY2025 included $790.0M for dividends paid, $191.2M for capital expenditures, and $14.9M for share buybacks.

At a share price of $65.14, W. P. Carey trades at a trailing P/E of 22.3x and a forward P/E of 24.2x, compared to medians of 21.6x and 23.5x for its US-listed Real Estate peers. Its EV to EBITDA ratio is 15.4x, slightly above the peer group median of 14.7x, while its price-to-sales multiple of 8.2x compares to the peer median of 3.7x. Over the past year, the stock returned 1.0%, trailing the S&P 500 return of 16.8%, and gained 15.3% over five years versus 83.0% for the index.

W. P. Carey pays a quarterly dividend with an annualized forward rate of $3.80 per share, representing a dividend yield of 5.83%. The dividend has been paid for 29 consecutive years. Its payout ratio stands at 110.7%, and its five-year annualized dividend growth is -2.4%. The most recent ex-dividend date was September 30, 2026.

Wall Street analysts maintain 4 Strong Buy ratings, 4 Buy ratings, and 7 Hold ratings, with zero Sell or Strong Sell recommendations. The mean price target is $77.93, indicating an upside of 19.6% from the closing price of $65.14. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $1.85B and EPS of $3.29, reflecting 27.5% EPS growth. The company has beaten EPS expectations in 3 of the last 4 quarters, with the next earnings date scheduled for October 27, 2026.

This page is an AI-written research summary of W. P. Carey Inc. (WPC). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: WPC income statement, WPC balance sheet, WPC key metrics, WPC analyst forecast, WPC chart. See the WPC stock overview for the latest quote and news.