W. P. Carey Inc. AI Stock Analysis
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W. P. Carey Inc. (WPC) AI Stock Analysis
W. P. Carey Inc.
(NYSE:WPC)
The score is driven primarily by solid financial performance (strong margins and cash-flow coverage) and a notably positive earnings update (raised AFFO guidance and strong investment momentum). These positives are partly offset by weak technical trend signals (below major moving averages with negative MACD) and only mixed valuation support (high yield but a not-low P/E).
W. P. Carey Inc. (WPC) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $15.04B
- Dividend Yield
- 5.77%
- Average Volume (3M)
- 1.53M
- Price to Earnings (P/E)
- 22.4
- Beta (1Y)
- 0.13
- Revenue Growth
- 8.96%
- EPS Growth
- 75.31%
- Country
- US
- Employees
- 199
- Sector
- Real Estate
- Sector Strength
- 65
- Industry
- REIT - Diversified
W. P. Carey Inc. Business Overview & Revenue Model
Company Description
W. P. Carey is recognized as a leading net lease Real Estate Investment Trust (REIT), boasting an enterprise value of approximately $18 billion. As of September 30, 2020, its extensive portfolio comprises 1,215 essential net lease properties, spannin...
How the Company Makes Money
W. P. Carey makes money primarily by acquiring and owning income-producing real estate and leasing it to tenants under long-term net-lease agreements. Under the net-lease structure, tenants typically pay rent and are generally responsible for many pr...
W. P. Carey Inc. Earnings Call Summary
The call was strongly positive overall. Management reported 6.4% year-over-year third-quarter AFFO per share growth, raised full-year AFFO and investment volume guidance, reduced expected rent losses, maintained high occupancy, and described liquidity and 2027 funding capacity as strong. The main challenges were higher interest rates, tighter sector spreads, uncertain transaction timing, rising interest expense, and a manageable 2027 Eurobond refinancing headwind, but these were presented alongside substantial capital availability and continued investment opportunities.
Q3-2026 Updates
Positive Updates
Negative Updates
Company Guidance
W. P. Carey raised and narrowed 2026 AFFO per share guidance to between $5.23 and $5.29, implying year over year growth of 5.8%, and set full-year investment volume guidance at $1.8 billion to $2.1 billion, with a path to the top half of the range; investments expected to close in the fourth quarter have cap rates averaging in the mid to high 7s and average yields well into the 9s, approaching double digits in some cases. Estimated potential rent loss from tenant credit events is between $3 million and $5 million or 25 basis points of ABR at the midpoint, other lease related income is expected to total in the mid-30 million dollars range, and fourth-quarter rent abatements could have a $0.02 to $0.03 impact. Full-year dispositions are expected to be between $350 million and $450 million, property expenses between $54 million and $57 million, tax expense between $40 million and $43 million, and G&A expense between $104 million and $106 million. Contractual same store rent growth is expected to remain in the mid- to high 2% range throughout next year, while approximately $300 million of annual retained cash flow is expected from the real estate portfolio in 2027.
W. P. Carey Inc. Financial Statement Overview
Summary
Financials screen solid overall: strong profitability for a diversified REIT and high cash-flow quality (operating cash flow and free cash flow running well above net income). Offsetting factors are a weaker top line (TTM revenue decline) and moderate leverage (around ~1.0 debt-to-equity), which increases sensitivity to rates and refinancing conditions.
Income Statement
72PositiveBalance Sheet
64PositiveCash Flow
78Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.71B | 1.72B | 1.58B | 1.74B | 1.47B | 1.26B |
| Gross Profit | 979.94M | 491.49M | 1.46B | 1.60B | 1.40B | 1.21B |
| EBITDA | 1.40B | 1.33B | 1.33B | 1.46B | 1.29B | 1.16B |
| Net Income | 651.50M | 466.36M | 460.84M | 708.33M | 599.14M | 409.99M |
Balance Sheet | ||||||
| Total Assets | 18.66B | 17.99B | 17.54B | 17.98B | 18.10B | 15.48B |
| Cash, Cash Equivalents and Short-Term Investments | 143.39M | 155.33M | 640.62M | 634.86M | 168.00M | 165.43M |
| Total Debt | 8.78B | 8.72B | 8.18B | 8.28B | 7.88B | 6.94B |
| Total Liabilities | 9.88B | 9.86B | 9.10B | 9.27B | 9.09B | 7.90B |
| Stockholders Equity | 8.76B | 8.12B | 8.43B | 8.70B | 8.99B | 7.58B |
Cash Flow | ||||||
| Free Cash Flow | 1.04B | 1.09B | 1.70B | 951.81M | 899.12M | 812.86M |
| Operating Cash Flow | 1.24B | 1.28B | 1.83B | 1.07B | 1.00B | 926.48M |
| Investing Cash Flow | -1.49B | -960.14M | -1.13B | -905.88M | -1.05B | -1.57B |
| Financing Cash Flow | 715.54M | -761.71M | -688.47M | 292.56M | 57.89M | 557.05M |
W. P. Carey Inc. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For WPC, the sentiment is Neutral. The current price of 64.84 is above the 20-day moving average (MA) of 64.42, below the 50-day MA of 65.36, and below the 200-day MA of 69.15, indicating a neutral trend. The MACD of 0.08 indicates Negative momentum. The RSI at 53.13 is Neutral, neither overbought nor oversold. The STOCH value of 78.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for WPC.
W. P. Carey Inc. Risk Analysis
W. P. Carey Inc. disclosed 42 risk factors in its most recent earnings report. W. P. Carey Inc. reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
3 New RisksW. P. Carey Inc. Peers Comparison
Overall Rating
- WPC68.3Neutral
EPRT67Neutral
BNL62Neutral
GOOD61Neutral
OLP59Neutral
GNL43Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| WPC | 68Neutral | $15.04B | 22.36 | 7.69% | 5.77% | 8.96% | 75.31% |
| EPRT | 67Neutral | $6.23B | 22.56 | 5.99% | 4.50% | 20.67% | -1.36% |
| Sector * | 65Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
| BNL | 62Neutral | $3.43B | 23.28 | 5.07% | 6.60% | 7.70% | 61.99% |
| GOOD | 61Neutral | $492.44M | 25.30 | 7.57% | 11.86% | 10.65% | -33.01% |
| OLP | 59Neutral | $463.55M | 20.38 | 7.44% | 8.48% | 10.68% | -26.89% |
| GNL | 43Neutral | $1.53B | -25.96 | -0.61% | 11.26% | -21.80% | 77.49% |
* Real Estate Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| WPC | W. P. Carey Inc. | 64.84 | 0.94 | 1.47% | |
| GOOD | Gladstone Commercial | 10.12 | -0.07 | -0.70% | |
| OLP | One Liberty Properties | 21.23 | 2.23 | 11.77% | |
| GNL | Global Net Lease | 6.75 | -0.56 | -7.64% | |
| EPRT | Essential Properties Realty Trust | 27.97 | -1.51 | -5.11% | |
| BNL | Broadstone Net Lease, Inc. | 17.69 | 0.60 | 3.48% |
W. P. Carey Inc. Corporate Events
W. P. Carey Raises Dividend and AFFO Guidance
PositiveFor the quarter ended September 30, 2026, W. P. Carey reported net income attributable to the company of $141.0 million, unchanged from a year earlier, and diluted earnings per share of $0.61. Adjusted funds from operations (AFFO) rose to $308.2 mill...
W. P. Carey Highlights Strong 2026 Investment Momentum
PositiveOn Sept. 10, 2026, W. P. Carey reported strong investment activity, with visibility into more than $1.9 billion of investment volume for full-year 2026, including approximately $1.4 billion already completed, deals expected to close this year and cap...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 29, 2026