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W. P. Carey Inc. (WPC)

Real Estate | REIT - Diversified | New York, United States | NYSE
72.59 USD +0.64 (0.897%) ⇧ (July 15, 2026, 10:17 a.m. EDT)

Short-term:★★★⯪☆Long-term:★★★☆☆Dividends:★★⯪☆☆
Hot Take | July 11, 2026, 3:56 a.m. EDT

W. P. Carey presents a classic defensive income play that is currently trading at a discount to its intrinsic value due to lingering macro fears, yet the underlying business remains robust. The company has successfully navigated a difficult multi-year period, evidenced by a recovery in share price over the last twelve months and a resumption of positive year-over-year growth, effectively shedding the 'value trap' label. Fundamentally, the stock is compelling: earnings are accelerating rapidly with a 40% growth rate, and the forward P/E of roughly 21x offers a significant margin of safety compared to the trailing 30x multiple. However, investors must be wary of the dividend sustainability; the payout ratio sits at 156%, indicating the current yield is largely funded by debt issuance or capital recycling rather than pure operating cash flow, which caps the dividend rating despite the attractive headline percentage. For the short term, the technical setup is constructive, having reclaimed key moving averages, and options flow suggests a cautious bullish bias with a clear ceiling at $75. This is a solid hold for income-focused portfolios seeking stability, provided one accepts the risk that the dividend could face pressure if leverage ratios tighten further.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.017546
AutoARIMA0.019616
AutoETS0.019617
MSTL0.020032

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 54%
H-stat 3.84
Ljung-Box p 0.000
Jarque-Bera p 0.315
Excess Kurtosis -0.21
Attribute Value
Sector Real Estate
Ex Dividend Date 2026-06-29
Last Dividend Date 2026-06-29
Debt to Equity Ratio 104.704
Revenue per Share 7.899
Market Cap 16,167,517,184
Trailing P/E 31.02
Forward P/E 20.96
Beta 0.79
Profit Margins 29.67%
Website https://www.wpcarey.com

As of July 11, 2026, 3:56 a.m. EDT: Speculators are positioning for a modest upward drift with significant resistance at the $75 strike, evidenced by heavy open interest there compared to the ATM. While near-term expiration shows a slight bullish skew in volume, longer-dated contracts reveal a balanced but slightly bearish sentiment, with substantial put open interest at the $65 level acting as a floor. Implied volatility is elevated relative to historical norms, suggesting uncertainty around the upcoming earnings report.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.31% 5.46% 5.91% 5.77%
Dividend History
Date Dividend Yield %
2026-06-30 0.940000 1.314685
2026-03-31 0.930000 1.368452
2025-12-31 0.920000 1.429459
2025-09-30 0.910000 1.346752
2025-06-30 0.900000 1.442770
2025-03-31 0.890000 1.410236
2024-12-31 0.880000 1.615272
2024-09-30 0.875000 1.404494
2024-06-28 0.870000 1.580381
2024-03-27 0.865000 1.545471
2023-12-28 0.860000 1.309379
2023-09-28 1.048972 1.958669
2023-06-29 1.047013 1.582532
2023-03-30 1.045054 1.383917
2022-12-29 1.043095 1.357034
2022-09-29 1.039177 1.542823
2022-06-29 1.037218 1.261465
2022-03-30 1.035260 1.285263
2021-12-30 1.033301 1.286743
2021-09-29 1.030362 1.422582
2021-06-29 1.028404 1.393868
2021-03-30 1.026445 1.482530
2020-12-30 1.024486 1.500718
2020-09-29 1.022527 1.602948
2020-06-29 1.020568 1.558247
2020-03-30 1.018609 1.753498
2019-12-30 1.016650 1.313425
2019-09-27 1.014691 1.150599
2019-06-27 1.012733 1.269959
2019-03-28 1.010774 1.317671
2018-12-28 1.008815 1.579997
2018-09-28 1.003918 1.593843
2018-06-28 0.999021 1.541019
2018-03-28 0.994123 1.632882
2017-12-28 0.989226 1.458273
2017-09-29 0.984329 1.491319
2017-06-28 0.979432 1.494545
2017-03-29 0.974535 1.612642
2016-12-28 0.969638 1.708960
2016-09-29 0.964740 1.506346
2016-06-28 0.959843 1.438215
2016-03-29 0.953967 1.575288
2015-12-29 0.945152 1.606459
2015-09-28 0.935357 1.676320
2015-06-26 0.934378 1.611486
2015-03-27 0.933399 1.412271
2014-12-29 0.930460 1.323119
2014-09-26 0.920666 1.458948
2014-06-26 0.881489 1.400997
2014-03-27 0.876592 1.504455
2013-12-27 0.959843 1.576323
2013-09-26 0.842311 1.315587
2013-06-27 0.822723 1.245921
2013-03-26 0.803134 1.202346
2012-12-27 0.646425 1.267768
2012-09-28 0.636631 1.326531
2012-06-28 0.555338 1.255814
2012-03-28 0.553379 1.212186
2011-12-28 0.551420 1.299930
2011-09-28 0.548482 1.501743
2011-06-28 0.538688 1.386789
2011-03-29 0.501469 1.413193
2010-12-29 0.499510 1.646754
2010-09-28 0.497551 1.776222
2010-06-28 0.495593 1.816878
2010-03-29 0.493634 1.698114
2009-12-29 0.785504 2.940959
2009-09-28 0.489716 1.701838
2009-06-26 0.487757 1.995992
2009-03-27 0.485798 2.218246
2008-12-29 0.483839 2.233271
2008-09-26 0.481881 1.853109
2008-06-26 0.476983 1.683955
2008-03-27 0.472086 1.564426
2007-12-27 0.731636 2.245267
2007-09-26 0.462292 1.503185
2007-06-27 0.457395 1.528142
2007-03-28 0.452498 1.380754
2006-12-27 0.448580 1.522101
2006-09-27 0.446621 1.673395
2006-06-28 0.444662 1.824025
2006-03-29 0.442703 1.653254
2005-12-28 0.440744 1.805053
2005-09-28 0.438786 1.679162
2005-06-28 0.436827 1.519592
2005-03-29 0.434868 1.509178
2004-12-29 0.432909 1.263218
2004-09-28 0.430950 1.466667
2004-06-28 0.428991 1.467336
2004-03-29 0.426053 1.423896
2003-12-29 0.426053 1.390665
2003-09-26 0.424094 1.349751
2003-06-26 0.424094 1.467797
2003-03-27 0.423115 1.752537
2002-12-27 0.421156 1.733872
2002-09-26 0.421156 1.660233
2002-06-26 0.419197 1.856834
2002-03-26 0.419197 1.820502
2001-12-27 0.418217 1.828692
2001-09-26 0.417238 2.078049
2001-06-27 0.416259 2.058114
2001-03-28 0.414300 2.238097
2000-12-27 0.414300 2.445089
2000-09-27 0.414300 2.417145
2000-06-28 0.414300 2.506668
2000-03-29 0.414300 2.452176
1999-12-13 0.409403 2.582242
1999-09-28 0.409403 2.562455
1999-06-25 0.409403 2.440879
1999-03-29 0.409403 2.346669
1998-12-29 0.403526 2.112821
1998-09-28 0.403526 2.086076
1998-06-26 0.403526 2.009756
1998-03-27 0.403526 1.997576
Additional Data
dividendRate 3.76
dividendYield 5.23
exDividendDate 2026-06-30
trailingAnnualDividendRate 3.66
trailingAnnualDividendYield 0.05087573
lastDividendValue 0.94
lastDividendDate 2026-06-30
dividendDate 2026-07-15

Info Dump

Attribute Value
52 Week Change 0.16464305
Address1 One Manhattan West
Address2 395 9th Avenue, 58th Floor
All Time High 91.69442
All Time Low 15.303624
Ask 72.55
Ask Size 200
Audit Risk 1
Average Analyst Rating 2.5 - Buy
Average Daily Volume10 Day 1,630,780
Average Daily Volume3 Month 1,491,255
Average Volume 1,491,255
Average Volume10Days 1,630,780
Beta 0.785
Bid 72.41
Bid Size 500
Board Risk 2
Book Value 37.045
City New York
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 2
Country United States
Crypto Tradeable 0
Currency USD
Current Price 72.585
Current Ratio 1.27
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 72.635
Day Low 72.1181
Debt To Equity 104.704
Display Name W. P. Carey
Dividend Date 1,784,073,600
Dividend Rate 3.76
Dividend Yield 5.23
Earnings Call Timestamp End 1,785,355,200
Earnings Call Timestamp Start 1,785,355,200
Earnings Growth 0.402
Earnings Quarterly Growth 0.401
Earnings Timestamp 1,785,268,800
Earnings Timestamp End 1,785,268,800
Earnings Timestamp Start 1,785,268,800
Ebitda 1,454,476,032
Ebitda Margins 0.83485
Enterprise To Ebitda 16.877
Enterprise To Revenue 14.09
Enterprise Value 24,547,424,256
Eps Current Year 3.01683
Eps Forward 3.46271
Eps Trailing Twelve Months 2.34
Esg Populated 0
Ex Dividend Date 1,782,777,600
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax (212) 492-8922
Fifty Day Average 73.4306
Fifty Day Average Change -0.84560394
Fifty Day Average Change Percent -0.011515688
Fifty Two Week Change Percent 16.464306
Fifty Two Week High 76.97
Fifty Two Week High Change -4.385002
Fifty Two Week High Change Percent -0.056970276
Fifty Two Week Low 61.09
Fifty Two Week Low Change 11.494999
Fifty Two Week Low Change Percent 0.18816498
Fifty Two Week Range 61.09 - 76.97
Financial Currency USD
First Trade Date Milliseconds 885,393,000,000
Five Year Avg Dividend Yield 5.78
Float Shares 220,148,649
Forward Eps 3.46271
Forward P E 20.961906
Free Cashflow 664,475,264
Full Exchange Name NYSE
Full Time Employees 199
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.93744004
Gross Profits 1,633,202,944
Has Pre Post Market Data 1
Held Percent Insiders 0.01006
Held Percent Institutions 0.80758005
Implied Shares Outstanding 222,739,105
Industry REIT - Diversified
Industry Disp REIT - Diversified
Industry Key reit-diversified
Ir Website http://ir.wpcarey.com/corporateprofile.aspx?iid=4054624
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,782,777,600
Last Dividend Value 0.94
Last Fiscal Year End 1,767,139,200
Last Split Date 1,698,883,200
Last Split Factor 1,021:1000
Long Business Summary W. P. Carey Inc. ranks among the largest net lease REITs with a well-diversified portfolio of high-quality, operationally critical commercial real estate. It includes 1,703 net lease properties covering approximately 185 million square feet as of March 31, 2026. With offices in New York, London, Amsterdam and Dallas, the company remains focused on investing primarily in single-tenant, industrial, warehouse and retail properties located in the U.S. and Europe, under long-term net leases with built-in rent escalations. W. P. Carey Inc. was incorporated in 1973 in Maryland, USA.
Long Name W. P. Carey Inc.
Market us_market
Market Cap 16,167,517,184
Market State REGULAR
Max Age 86,400
Message Board Id finmb_24043
Most Recent Quarter 1,774,915,200
Net Income To Common 516,836,992
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 16,023,851,213
Number Of Analyst Opinions 12
Open 72.19
Operating Cashflow 1,292,342,016
Operating Margins 0.54768
Overall Risk 1
Payout Ratio 1.5641
Peg Ratio 1.47
Phone (212) 492-1100
Previous Close 71.94
Price Eps Current Year 24.060022
Price Hint 2
Price To Book 1.9593738
Price To Sales Trailing12 Months 9.279938
Profit Margins 0.29666
Quick Ratio 1.216
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.46154
Region US
Regular Market Change 0.64499664
Regular Market Change Percent 0.8965758
Regular Market Day High 72.635
Regular Market Day Low 72.1181
Regular Market Day Range 72.1181 - 72.635
Regular Market Open 72.19
Regular Market Previous Close 71.94
Regular Market Price 72.585
Regular Market Time 1,784,125,076
Regular Market Volume 117,265
Return On Assets 0.032780003
Return On Equity 0.0626
Revenue Growth 0.089
Revenue Per Share 7.899
Sand P52 Week Change 0.2043345
Sector Real Estate
Sector Disp Real Estate
Sector Key real-estate
Share Holder Rights Risk 3
Shares Outstanding 222,739,105
Shares Percent Shares Out 0.0431
Shares Short 9,604,979
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 10,441,008
Short Name W. P. Carey Inc. REIT
Short Percent Of Float 0.0588
Short Ratio 5.57
Source Interval 15
State NY
Symbol WPC
Target High Price 85.0
Target Low Price 73.0
Target Mean Price 78.5
Target Median Price 78.0
Total Cash 246,378,000
Total Cash Per Share 1.106
Total Debt 8,753,941,504
Total Revenue 1,742,200,960
Tradeable 0
Trailing Annual Dividend Rate 3.66
Trailing Annual Dividend Yield 0.05087573
Trailing Eps 2.34
Trailing P E 31.019232
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 69.9859
Two Hundred Day Average Change 2.5990982
Two Hundred Day Average Change Percent 0.037137456
Type Disp Equity
Volume 117,265
Website https://www.wpcarey.com
Zip 10,001