W. P. Carey Inc. (WPC)
NYSE: WPC · Real-Time Price · USD
63.96
+0.68 (1.07%)
At close: Sep 16, 2024, 4:00 PM
64.00
+0.04 (0.06%)
Pre-market: Sep 17, 2024, 7:45 AM EDT
Stock Price Forecast
The 9 analysts with 12-month price forecasts for W. P. Carey stock have an average target of 61.78, with a low estimate of 54 and a high estimate of 68. The average target predicts a decrease of -3.41% from the current stock price of 63.96.
Analyst Consensus: Hold
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $54 | $61.78 | $62 | $68 |
| Change | -15.57% | -3.41% | -3.06% | +6.32% |
Analyst Ratings
The average analyst rating for W. P. Carey stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 3 | 2 | 1 | 2 | 2 | 2 |
| Hold | 6 | 8 | 9 | 9 | 9 | 8 |
| Sell | 2 | 2 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 11 | 12 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $63 → $66 | Hold | Maintains | $63 → $66 | +3.19% | Sep 16, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $61 → $63 | Hold | Maintains | $61 → $63 | -1.50% | Aug 28, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $60 → $62 | Hold | Maintains | $60 → $62 | -3.06% | Aug 26, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $61 → $60 | Hold | Maintains | $61 → $60 | -6.19% | Aug 7, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $63 → $62 | Buy | Maintains | $63 → $62 | -3.06% | Aug 1, 2024 |
Financial Forecast
Revenue Next Year
1.61B
from 1.53B
Increased by 5.77%
from 1.53B
EPS This Year
2.44
from 3.28
Decreased by -25.69%
from 3.28
EPS Next Year
2.22
from 2.44
Decreased by -9.05%
from 2.44
| Fiscal Year | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 | Dec 31, 2026 | |
| Revenue | - | - | - | - | - | 1.53B | 1.61B | 1.63B | |
| Revenue Growth | 31.31% | -3.43% | 7.88% | 16.63% | 17.93% | - | 5.77% | 1.12% | |
| EPS | 1.78 | 2.60 | 2.24 | 2.99 | 3.28 | 2.44 | 2.22 | 2.51 | |
| EPS Growth | -49.00% | 46.07% | -13.85% | 33.48% | 9.70% | -25.69% | -9.05% | 13.44% | |
| Forward PE | - | - | - | - | - | 26.24 | 28.85 | 25.43 | |
| No. Analysts | - | - | - | - | - | 6 | 6 | 3 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.7B | 1.8B | 1.7B | |
| Avg | 1.5B | 1.6B | 1.6B | |
| Low | 1.3B | 1.4B | 1.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 16.1% | 6.8% | |
| Avg | - | 5.8% | 1.1% | |
| Low | - | -5.5% | -3.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.57 | 2.51 | 2.61 |
| Avg | 2.44 | 2.22 | 2.51 |
| Low | 2.34 | 2.05 | 2.44 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -21.6% | 3.0% | 17.9% |
| Avg | -25.7% | -9.0% | 13.4% |
| Low | -28.6% | -16.0% | 10.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.
