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W. P. Carey Inc. ( (WPC) ) has issued an announcement.
W. P. Carey reported second-quarter 2026 net income of $185.4 million, a 262.1% increase from a year earlier, and diluted EPS of $0.82, driven by mark-to-market gains on Lineage shares, foreign debt remeasurement gains, a sizable gain from a jointly owned investment sale, and accretive net investment activity. AFFO rose to $305.4 million, or $1.34 per diluted share, up 4.7%, while revenues climbed 7% to $461.1 million, supported by net lease investment growth despite lower operating property revenues after selling its self-storage portfolio.
The REIT raised and narrowed its 2026 AFFO guidance to $5.19–$5.27 per share, implying 5.2% growth at the midpoint, and lifted its full-year investment volume outlook to $1.7–$2.1 billion, reflecting stronger expected lease revenues, improved rent-loss outlook, and lower projected expenses. Year to date, W. P. Carey completed $1.3 billion of investments and $246.2 million of dispositions, maintained 2.6% same-store rent growth and 98.5% occupancy, boosted its quarterly dividend by 4.4% to $0.940 per share effective June 11, 2026, and bolstered its balance sheet with $2.7 billion of liquidity, forward equity issuance, and a post-quarter $350 million bond issue to refinance upcoming debt.
The most recent analyst rating on (WPC) stock is a Sell
with a $80.00 price target.
To see the full list of analyst forecasts on W. P. Carey Inc. stock,
see the WPC Stock Forecast page.
Spark’s Take on WPC Stock
According to Spark, TipRanks’ AI Analyst, WPC is a Outperform.
Overall score reflects solid fundamentals and a notably strong earnings-call outlook (higher investment and AFFO guidance, high occupancy, dividend raise). Offsetting this are weak technical momentum (below key moving averages with negative MACD) and some fundamental uncertainty from volatile results and inconsistent reported leverage/coverage datapoints, while valuation is supported by the yield but pressured by a higher P/E.
To see Spark’s full report on WPC stock,
click here.
More about W. P. Carey Inc.
W. P. Carey Inc. is a net lease real estate investment trust listed on the NYSE, focused on owning and managing a diversified portfolio of long-term, triple-net leased properties. As of June 30, 2026, its net lease portfolio comprised 1,748 properties totaling 188 million square feet, leased to 384 tenants across sectors, with a weighted-average lease term of 12.2 years and an occupancy rate of 98.5%.
The company’s strategy centers on inflation-protected income through CPI-linked leases, disciplined capital deployment, and active portfolio management, including acquisitions, capital investments, and selective dispositions to optimize returns and maintain strong occupancy and rent growth.
Average Trading Volume: 1,499,393
Technical Sentiment Signal: Strong Buy
Current Market Cap: $17.08B
See more data about WPC stock on TipRanks’ Stock Analysis page.