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W P Carey Inc. stock reached a 52-week high, hitting 69.03 USD, marking a significant milestone for the real estate investment trust. The company, with a market capitalization of $15.1 billion, boasts an impressive 5.32% dividend yield and has maintained dividend payments for 28 consecutive years. Over the past year, the company’s stock has experienced a notable increase, with a 31.04% year-to-date return. This growth reflects investor confidence and a positive market environment for the firm, supported by an impressive 92.88% gross profit margin. The achievement of this 52-week high underscores W P Carey’s robust performance and strategic positioning within the real estate sector. According to InvestingPro analysis, the stock is currently trading near its Fair Value, with additional insights available in the comprehensive Pro Research Report.
In other recent news, W. P. Carey Inc. reported its second-quarter 2025 earnings, with an earnings per share (EPS) of $0.23, which fell short of the forecasted $0.63, resulting in a 63.49% negative surprise. However, the company managed to surpass revenue expectations, reporting $430.78 million compared to the anticipated $401.17 million, a 7.38% positive surprise. Additionally, W. P. Carey announced that it has completed $250.8 million in new investments since its last earnings release, bringing its total year-to-date investment volume to approximately $1.3 billion. The investments focus primarily on single-tenant industrial properties in North America and Europe. The company also declared an increase in its quarterly cash dividend to $0.910 per share, translating to an annualized rate of $3.64 per share. In another development, Wells Fargo upgraded W. P. Carey’s stock rating from Equal Weight to Overweight, citing improved asset rotation strategies. The upgrade includes a price target of $72.00, reflecting the company’s shift from operating storage assets to more lucrative acquisitions. These developments indicate a dynamic period for W. P. Carey, with strategic shifts and financial adjustments.
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