BMO Capital Reiterates Buy Rating for W. P. Carey Inc.
BMO Capital maintains its buy rating for W. P. Carey Inc. with a target of $84.
Key Points
- BMO Capital reiterated its buy rating for W. P. Carey Inc. on June 18, 2026, setting a target price of $84.
- W. P. Carey Inc. shares are trading around $72.23, with a market cap of $16.1 billion and a P/E ratio of 30.87.
- Recent insider activity includes sales by the CFO and other directors, while analysts from B of A Securities and Wells Fargo also rated the stock.
On June 18, 2026, BMO Capital reiterated its buy rating for W. P. Carey Inc. (NYSE:WPC), setting a price target of $84. The stock is currently trading near $72.23.
Analysts Set New Price Targets
BMO Capital maintained its buy rating for W. P. Carey Inc. with a price target of $84 on June 18, 2026. On June 16, 2026, B of A Securities upgraded the stock to a hold rating with a target of $83. Earlier, on June 1, 2026, Wells Fargo maintained its buy rating and set a target of $80. The consensus among analysts is a buy rating, with a mean target price of $78.83 based on 12 opinions.
Other Institutional Activity in W. P. Carey Inc.
Institutional investors have also been active in W. P. Carey Inc. BlackRock, Inc. increased its holdings by 1,752,163 shares, bringing its total to 30,109,089 shares valued at approximately $2.05 billion. Vanguard Portfolio Management LLC initiated a new position with 19,151,176 shares worth about $1.30 billion. State Street Corp grew its stake by 87,371 shares to reach 12,338,595 shares, valued at $849.7 million. Meanwhile, Geode Capital Management, LLC added 118,307 shares, ending with 4,913,911 shares worth $333.2 million.
W. P. Carey Inc. Stock Down 1.4%
Shares of W. P. Carey Inc. (NYSE:WPC) are trading around $72.23. The company has a market cap of approximately $16.1 billion and a P/E ratio of 30.87, with a forward P/E of 20.86. The stock has a 52-week range between $61.09 and $76.97. Currently, the 50-day moving average is $73.66, and the 200-day moving average is $69.63. The company's beta is 0.781, indicating lower volatility compared to the market.
Recent Earnings
W. P. Carey Inc. reported revenue of $1.74 billion, reflecting a growth rate of 8.9%. The company achieved a net margin of 29.67% and a return on equity of 6.26%. Earnings per share were $2.34. The next earnings report is scheduled for July 28, 2026.
Dividend
W. P. Carey Inc. offers an annual dividend rate of $3.76, yielding 4.94%. The payout ratio stands at 156.41%, indicating a high distribution of earnings as dividends.
Insider Buying and Selling at W. P. Carey Inc.
Recent insider activity includes several sales. Chief Accounting Officer Brian Zander sold 433 shares on May 6, 2026, at an average price of $74. Rhonda Gass acquired 396 shares on April 1, 2026, at $69.39. On February 15, 2026, CFO Toniann Sanzone and Managing Directors Brooks Gordon and Gino Sabatini sold shares at an average price of $74.2.
About W. P. Carey Inc.
W. P. Carey Inc. is one of the largest net lease real estate investment trusts (REITs). The company owns a diverse portfolio of commercial properties, primarily focusing on single-tenant, industrial, warehouse, and retail properties in the U.S. and Europe. Headquartered in New York, NY, W. P. Carey was founded in 1973 and is led by CEO Mr. Jason E. Fox.
Bottom Line
BMO Capital's reiteration of a buy rating for W. P. Carey Inc. reflects confidence in the company's performance and prospects. With a healthy dividend yield and strong institutional backing, W. P. Carey remains a noteworthy player in the REIT sector. Investors should remember that analyst ratings are based on past data and market conditions can change.
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