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

• Market Cap: $14.45B
• Dividend Yield: 5.38%
• Average Volume (3M): 1.15M
• Price to Earnings (P/E): 39.9
• Beta (1Y): 0.30
• Revenue Growth: 5.59%
• EPS Growth: -34.75%
• Country: US
• Employees: 203
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Diversified
• EPS (TTM): 0.73
• Shares Outstanding: 219,145,020
• 10 Day Avg. Volume: 1,369,597
• 30 Day Avg. Volume: 1,150,743
• PEG Ratio: -0.71
• Price to Book (P/B): 1.42
• Price to Sales (P/S): 7.61
• P/FCF Ratio: 6.54
• Enterprise Value/Market Cap: 1.63
• Enterprise Value/Revenue: 12.35
• Enterprise Value/Gross Profit: 14.77
• Enterprise Value/Ebitda: 18.22
• 1Y Price Target: $71.86
• Price Target Upside: 8.08% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 9
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: $74.00 ▲(11.29% Upside)

W. P. Carey Inc. scores well due to strong financial performance and positive earnings call highlights, including raised guidance and robust investment activity. However, technical indicators suggest short-term bearish momentum, and the high P/E ratio indicates potential overvaluation. The attractive dividend yield provides a positive offset to valuation concerns.

Positive Factors

Strong Cash Flow Management

Efficient cash generation supports future investments and debt servicing, indicating robust financial health and operational efficiency.

Raised AFFO Guidance

Increased AFFO guidance reflects confidence in sustained growth and robust investment activity, enhancing long-term shareholder value.

Strong Balance Sheet and Liquidity

A solid balance sheet and ample liquidity provide financial stability and flexibility for strategic investments and growth opportunities.

Negative Factors

Decline in Portfolio Occupancy

A decline in occupancy can impact rental income and indicates potential challenges in maintaining tenant relationships and property utilization.

Hellweg Tenant Challenges

Challenges with a major tenant like Hellweg can affect revenue stability and highlight risks in tenant concentration and dependency.

Lower Rent Recapture on Retail Leases

Lower rent recapture indicates potential pressure on rental income from retail properties, affecting overall profitability and cash flow.

W. P. Carey Inc. Business Overview & Revenue Model

Company Description

W. P. Carey Inc. (WPC) is a real estate investment trust (REIT) that specializes in acquiring and managing commercial properties, primarily in the industrial, warehouse, and office sectors. The company operates globally, focusing on single-tenant properties that are net leased to tenants across various industries. WPC's core services include property investment, asset management, and real estate financing, providing investors with a steady income stream through its diversified portfolio.

How the Company Makes Money

W. P. Carey generates revenue primarily through long-term net lease agreements with its tenants. The company typically acquires properties and leases them back to businesses, allowing tenants to use the space while paying rent, which is structured to provide a predictable income stream. Key revenue streams include rental income from these leases, which often include contractual rent increases, and income from property management services. WPC also benefits from its strategic partnerships with tenants across various industries, enhancing its portfolio diversification and stability. Additionally, the company may realize gains from the sale of properties, further contributing to its earnings.

W. P. Carey Inc. Financial Statement Overview

Summary

W. P. Carey Inc. presents a strong financial profile with high profitability and efficient cash flow management. The income statement reflects solid margins and revenue growth, although there is some volatility in revenue trends. The balance sheet is stable with moderate leverage, but there is potential to enhance shareholder returns. Overall, the company is well-positioned financially, with strengths in profitability and cash flow, though it should focus on improving ROE and maintaining consistent revenue growth.

Income Statement

W. P. Carey Inc. shows strong profitability with a high gross profit margin of over 91% in TTM, indicating efficient cost management. The net profit margin is also robust at approximately 29.3%, reflecting solid bottom-line performance. Revenue growth has been positive, with a 2.23% increase in TTM, although it has fluctuated in previous years. EBIT and EBITDA margins are strong, suggesting effective operational management. However, the slight decline in revenue in 2024 indicates potential volatility.

Balance Sheet

The company's balance sheet reflects a moderate debt-to-equity ratio, which has been stable around 0.9, indicating a balanced approach to leverage. Return on equity is modest at 4.4% in TTM, suggesting room for improvement in generating returns for shareholders. The equity ratio is healthy, showing a solid equity base relative to total assets. Overall, the balance sheet is stable but could benefit from improved ROE.

Cash Flow

W. P. Carey Inc. demonstrates strong cash flow management, with a free cash flow to net income ratio exceeding 1 in TTM, indicating efficient cash generation relative to earnings. The free cash flow growth rate is positive at 3.65%, showing an upward trend in cash generation. Operating cash flow is robust, supporting the company's ability to cover its net income. The cash flow position is strong, providing a solid foundation for future investments and debt servicing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.90B	1.58B	1.74B	1.47B	1.26B	1.17B
Gross Profit	1.59B	1.46B	1.60B	1.40B	1.21B	1.12B
EBITDA	1.29B	1.31B	1.44B	1.29B	1.16B	1.04B
Net Income	365.06M	460.84M	708.33M	599.14M	409.99M	455.36M
Balance Sheet
Total Assets	17.99B	17.54B	17.98B	18.10B	15.48B	14.71B
Cash, Cash Equivalents and Short-Term Investments	249.03M	640.37M	633.86M	168.00M	165.43M	248.66M
Total Debt	8.80B	8.04B	8.14B	7.88B	6.79B	6.70B
Total Liabilities	9.81B	9.10B	9.27B	9.09B	7.90B	7.83B
Stockholders Equity	8.16B	8.43B	8.70B	8.99B	7.58B	6.88B
Cash Flow
Free Cash Flow	1.27B	1.70B	1.07B	1.00B	926.48M	801.54M
Operating Cash Flow	1.27B	1.83B	1.07B	1.00B	926.48M	801.54M
Investing Cash Flow	-1.45B	-1.13B	-905.88M	-1.05B	-1.57B	-539.93M
Financing Cash Flow	-359.17M	-688.47M	292.56M	57.89M	557.05M	-210.71M

W. P. Carey Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 66.49
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For WPC, the sentiment is Positive. The current price of 66.49 is below the 20-day moving average (MA) of 67.07, below the 50-day MA of 67.03, and above the 200-day MA of 61.87, indicating a neutral trend. The MACD of -0.33 indicates Positive momentum. The RSI at 47.01 is Neutral, neither overbought nor oversold. The STOCH value of 36.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for WPC.

W. P. Carey Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EPRT	79 Outperform	$5.88B	23.83	6.84%	4.01%	24.60%	8.05%
WPC	72 Outperform	$14.45B	39.88	4.36%	5.38%	5.59%	-34.75%
BNL	72 Outperform	$3.40B	38.85	3.05%	6.54%	3.87%	-37.59%
UE	72 Outperform	$2.53B	21.73	8.71%	3.88%	5.29%	-60.36%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
ESRT	65 Neutral	$1.24B	35.04	―	1.92%	0.45%	-24.85%
GNL	56 Neutral	$1.67B	―	-11.87%	11.19%	-11.06%	29.36%

W. P. Carey Inc. Corporate Events

W. P. Carey Inc. Reports Strong Q3 2025 Earnings

W. P. Carey Inc. is a leading net lease real estate investment trust (REIT) with a diversified portfolio of high-quality commercial properties, primarily focusing on single-tenant, industrial, warehouse, and retail properties in the U.S. and Europe. The company recently announced its financial results for the third quarter of 2025, highlighting strong investment activity and strategic asset management.

W. P. Carey Inc. Earnings Call Highlights Growth and Challenges

W. P. Carey Inc. recently held its earnings call, revealing a generally positive sentiment with strong performance indicators. The company reported raised guidance, robust investment activity, and a solid balance sheet. However, it also acknowledged challenges, such as a temporary decline in occupancy and issues with the Hellweg tenant.

W. P. Carey Announces Strong Q3 2025 Financial Results

On October 28, 2025, W. P. Carey Inc. announced its financial results for the third quarter ending September 30, 2025, highlighting a net income of $141 million, a 26.2% increase from the previous year. The company reported an AFFO of $1.25 per diluted share, reflecting a 5.9% rise, and raised its 2025 AFFO guidance due to strong investment activity and a lower anticipated rent loss. The company also completed $1.6 billion in investments and $1.0 billion in property dispositions year-to-date, with a focus on funding investments through asset sales. Additionally, W. P. Carey increased its quarterly cash dividend by 4.0% compared to the previous year, demonstrating its robust financial performance and strategic growth initiatives.

The most recent analyst rating on (WPC) stock is a Sell with a $66.00 price target. To see the full list of analyst forecasts on W. P. Carey Inc. stock, see the WPC Stock Forecast page.

W. P. Carey Inc. Announces $1.3 Billion Investment Volume

On September 4, 2025, W. P. Carey Inc. announced its year-to-date investment volume totaling approximately $1.3 billion, with new investments of $250.8 million primarily in North American and European single-tenant industrial properties. The company also reported year-to-date gross disposition proceeds of $875.0 million, including $310.0 million from recent dispositions of self-storage operating properties. CEO Jason Fox highlighted the company’s strategy of funding investments through accretive sales of non-core assets, generating a spread of approximately 150 basis points between cap rates on dispositions and new investments. The company aims to reach the high end of its guidance range, with full-year investment and disposition volume guidance set at $1.4-$1.8 billion and $900 million-$1.3 billion, respectively.

The most recent analyst rating on (WPC) stock is a Hold with a $68.00 price target. To see the full list of analyst forecasts on W. P. Carey Inc. stock, see the WPC Stock Forecast page.

W. P. Carey Reports Strong Q2 2025 Results

W. P. Carey Inc. is a net lease real estate investment trust specializing in high-quality, operationally critical commercial real estate, with a diverse portfolio of properties across the U.S. and Europe. The company recently reported its financial results for the second quarter of 2025, highlighting robust investment activity and strategic portfolio management. Key financial metrics include a net income of $51.2 million and an AFFO of $282.7 million, with AFFO per diluted share rising to $1.28, reflecting a 9.4% increase from the previous year. The company also raised its 2025 AFFO guidance to between $4.87 and $4.95 per diluted share, driven by strong investment volume and effective disposition strategies. Looking ahead, W. P. Carey remains optimistic about its growth prospects, supported by a healthy investment pipeline and continued portfolio performance, aiming to deliver sustained AFFO growth and attractive total returns.

W. P. Carey Inc. Reports Strong Earnings and Strategic Growth

W. P. Carey Inc.’s recent earnings call highlighted a strong financial performance and strategic execution, with notable achievements in investment volume, asset dispositions, and balance sheet management. Despite facing some tenant-specific risks and economic uncertainties, the company maintains a positive outlook, supported by increased guidance and a solid position moving forward.