W. P. Carey Inc. (WPC)
NYSE: WPC · IEX Real-Time Price · USD
59.08
-0.42 (-0.71%)
At close: Jul 19, 2024, 4:00 PM
59.28
+0.20 (0.34%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
W. P. Carey Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for W. P. Carey stock have an average target of 61.8, with a low estimate of 54 and a high estimate of 69. The average target predicts an increase of 4.60% from the current stock price of 59.08.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for W. P. Carey stock from 12 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 3 | 3 | 3 | 2 | 1 | 2 |
| Hold | 6 | 6 | 6 | 8 | 9 | 9 |
| Sell | 2 | 2 | 2 | 2 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 12 | 11 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $70 → $68 | Buy | Maintains | $70 → $68 | +15.10% | Jul 12, 2024 |
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Jun 24, 2024 |
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Jun 21, 2024 |
| UBS | UBS | Hold Initiates $57 | Hold | Initiates | $57 | -3.52% | May 31, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $61 → $60 | Hold | Maintains | $61 → $60 | +1.56% | May 30, 2024 |
Financial Forecast
Revenue This Year
1.57B
from 1.74B
Decreased by -9.90%
Revenue Next Year
1.67B
from 1.57B
Increased by 6.18%
EPS This Year
2.58
from 3.28
Decreased by -21.48%
EPS Next Year
2.44
from 2.58
Decreased by -5.10%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.7B | 1.8B | 1.9B | 2.2B |
| Avg | 1.6B | 1.7B | 1.7B | 2.1B |
| Low | 1.4B | 1.5B | 1.6B | 2.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.2% | 16.6% | 16.3% | 25.4% |
| Avg | -9.9% | 6.2% | 4.5% | 20.7% |
| Low | -20.3% | -6.3% | -5.6% | 17.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.75 | 2.67 | 2.57 |
| Avg | 2.58 | 2.44 | 2.47 |
| Low | 2.43 | 2.29 | 2.40 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -16.1% | 3.6% | 5.2% |
| Avg | -21.5% | -5.1% | 1.2% |
| Low | -25.9% | -11.0% | -1.8% |
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.