Sign in

You're signed outSign in or to get full access.

W. P. Carey (WPC)

--

Earnings summaries and quarterly performance for W. P. Carey.

Research analysts who have asked questions during W. P. Carey earnings calls.

AP

Anthony Paolone

JPMorgan Chase & Co.

10 questions for WPC

Also covers: ALX, ARE, AVB +32 more
Greg McGinniss

Greg McGinniss

Scotiabank

10 questions for WPC

Also covers: BRX, COLD, EPRT +14 more
Michael Goldsmith

Michael Goldsmith

UBS

8 questions for WPC

Also covers: ADC, AHR, AMH +39 more
SR

Smedes Rose

Citigroup

8 questions for WPC

Also covers: ADC, ALX, DEA +19 more
JK

James Kammert

Evercore ISI

7 questions for WPC

Also covers: ADC, ARE, CHCT +6 more
John Kim

John Kim

BMO Capital Markets

7 questions for WPC

Also covers: AIV, ALX, ARDX +34 more
JG

Jana Galan

Bank of America

6 questions for WPC

Also covers: ADC, AHH, AVB +24 more
Brad Heffern

Brad Heffern

RBC Capital Markets

5 questions for WPC

Also covers: ADC, AMH, AVB +17 more
Jason Wayne

Jason Wayne

Barclays

5 questions for WPC

Also covers: AMH, ELS, FCPT +3 more
John Kilichowski

John Kilichowski

Wells Fargo & Company

5 questions for WPC

Also covers: ADC, CTRE, EPR +17 more
MG

Mitch Germain

Citizens JMP

4 questions for WPC

Also covers: ADC, ALEX, BNL +17 more
RC

Ryan Caviola

Green Street

4 questions for WPC

Also covers: BNL, EPRT, O
Eric Borden

Eric Borden

BMO Capital Markets

3 questions for WPC

Also covers: ADC, BNL, EGP +5 more
JK

Jim Kammert

Evercore

3 questions for WPC

Also covers: ARE, DOC, FCPT +3 more
SA

Spenser Allaway

Green Street

3 questions for WPC

Also covers: ADC, BNL, CUBE +8 more
SG

Spenser Glimcher

Green Street Advisors, LLC

3 questions for WPC

Also covers: ADC, CUBE, EPR +4 more
DB

Daniel Bion

Bank of America

2 questions for WPC

Also covers: GTY, OHI
KG

Kathryn Graves

UBS

2 questions for WPC

Also covers: EPR, FCPT, NTST +2 more
BG

Barrel Grant

Bank of America

1 question for WPC

BR

Bennett Rose

Citigroup

1 question for WPC

Also covers: ADC, DRH, EPR +8 more
FG

Farrell Granath

Bank of America

1 question for WPC

Also covers: ADC, AHR, ARE +15 more
Nicholas Joseph

Nicholas Joseph

Citigroup

1 question for WPC

Also covers: AMH, ARE, CUBE +13 more
Rich Hightower

Rich Hightower

Barclays

1 question for WPC

Also covers: ADC, AMH, APLE +25 more
WJ

William John Kilichowski

Wells Fargo

1 question for WPC

Also covers: ADC, CTRE, EPR +14 more

Recent press releases and 8-K filings for WPC.

W. P. Carey Announces Full Exercise of Underwriters' Option
WPC
Debt Issuance
New Projects/Investments
  • W. P. Carey Inc. announced that the underwriters of its previously announced public offering fully exercised their option to purchase an additional 900,000 shares of common stock.
  • The exercise of the option closed on February 24, 2026, resulting in total gross proceeds from the offering of $496.8 million.
  • The company intends to use the net proceeds to fund potential future investments, repay certain indebtedness (including amounts outstanding under its unsecured revolving credit facility), and for general corporate purposes.
3 days ago
W. P. Carey Inc. Completes €1.0 Billion Senior Unsecured Notes Offering and Equity Option Exercise
WPC
Debt Issuance
New Projects/Investments
  • W. P. Carey Inc. completed a public offering of €1.0 billion in senior unsecured notes on February 24, 2026, comprising €500 million of 3.250% Senior Notes due 2031 and €500 million of 3.750% Senior Notes due 2035.
  • The net proceeds from the notes offering will be used to repay €500 million of 2.250% Senior Notes due April 2026, fund potential future investments, and repay other indebtedness, including amounts outstanding under its $2.0 billion unsecured revolving credit facility and €215 million unsecured term loan due February 2028.
  • Additionally, the underwriters fully exercised an option to purchase an additional 900,000 shares of common stock, generating $64.8 million in gross proceeds and bringing the total gross proceeds from that offering to $496.8 million.
4 days ago
W. P. Carey Inc. Closes Public Offering of Common Stock
WPC
New Projects/Investments
  • W. P. Carey Inc. announced and closed an underwritten public offering of an aggregate of 6,000,000 shares of its common stock on a forward basis, generating gross proceeds of $432 million.
  • The underwriters were granted a 30-day option to purchase up to an additional 900,000 shares of common stock.
  • The company intends to use the net proceeds to fund potential future investments, repay certain indebtedness (including amounts outstanding under its unsecured revolving credit facility), and for general corporate purposes.
  • The offering closed on February 19, 2026, with an initial forward sale price of $71.38 per share.
Feb 19, 2026, 9:12 PM
W. P. Carey Announces Closing of Public Offering of Common Stock
WPC
New Projects/Investments
  • W. P. Carey Inc. announced the closing of its underwritten public offering of 6,000,000 shares of common stock on February 19, 2026.
  • The offering generated gross proceeds of $432 million.
  • The underwriters were granted a 30-day option to purchase up to an additional 900,000 shares.
  • The company intends to use the net proceeds to fund potential future investments, repay certain indebtedness (including amounts outstanding under its unsecured revolving credit facility), and for general corporate purposes.
  • The offering was made on a forward basis, with physical settlement and receipt of proceeds expected within approximately 24 months from the date of the prospectus supplement.
Feb 19, 2026, 9:05 PM
W. P. Carey Prices Public Offering of Common Stock
WPC
New Projects/Investments
  • W. P. Carey Inc. announced the pricing of an underwritten public offering of 6,000,000 shares of its common stock on a forward basis, generating $432 million in gross proceeds.
  • The underwriters have a 30-day option to purchase up to an additional 900,000 shares.
  • The company intends to use the net proceeds from the settlement of the forward sale agreements to fund potential future investments, repay certain indebtedness (including amounts outstanding under its unsecured revolving credit facility), and for general corporate purposes.
  • The forward sale agreements are expected to be physically settled within approximately 24 months from the date of the prospectus supplement.
Feb 18, 2026, 1:20 AM
W. P. Carey Commences Underwritten Public Offering of Common Stock
WPC
  • W. P. Carey Inc. has commenced an underwritten public offering of 6,000,000 shares of its common stock, with an option for underwriters to purchase up to an additional 900,000 shares.
  • The offering is structured on a forward basis through forward sale agreements with Bank of America, N.A. and JPMorgan Chase Bank, National Association (or their affiliates).
  • The company plans to use the net proceeds from the settlement of these agreements to fund potential future investments, repay indebtedness, and for general corporate purposes.
  • The physical settlement of the forward sale agreements and receipt of proceeds are expected within approximately 24 months from the prospectus supplement date.
Feb 17, 2026, 9:05 PM
W. P. Carey Inc. announces pricing of €1.0 billion senior unsecured notes
WPC
Debt Issuance
New Projects/Investments
  • W. P. Carey Inc. priced an underwritten public offering of €1.0 billion in aggregate principal amount of senior unsecured notes on February 12, 2026.
  • The offering consists of €500 million of 3.250% Senior Notes due 2031 and €500 million of 3.750% Senior Notes due 2035, with a weighted-average coupon of 3.500% and a weighted-average term of 7.4 years.
  • The net proceeds are intended to repay €500 million of its 2.250% Senior Notes due April 2026 and for general corporate purposes, including funding future investments and repaying other indebtedness.
  • The offering is expected to settle on February 24, 2026.
Feb 13, 2026, 1:37 AM
W. P. Carey Inc. Prices €1.0 Billion Senior Unsecured Notes
WPC
Debt Issuance
New Projects/Investments
  • W. P. Carey Inc. (WPC) has priced an underwritten public offering of €1.0 billion in senior unsecured notes, featuring a weighted-average coupon of 3.500% and a weighted-average term of 7.4 years.
  • The offering comprises two tranches: €500 million of 3.250% Senior Notes due 2031 and €500 million of 3.750% Senior Notes due 2035.
  • The company expects the offering to settle on February 24, 2026, and intends to use the net proceeds to repay €500 million of its 2.250% Senior Notes due April 2026, for general corporate purposes, to fund potential future investments, and to repay other indebtedness.
Feb 12, 2026, 10:19 PM
W. P. Carey Reports Q4 2025 Portfolio and Balance Sheet Highlights
WPC
Earnings
Debt Issuance
New Projects/Investments
  • W. P. Carey (WPC) reported a highly diversified net-lease portfolio as of December 31, 2025, comprising 1,682 properties across 371 tenants, generating an Annualized Base Rent (ABR) of $1.55 billion. The portfolio is geographically balanced with 67% in North America and 33% in Europe, and features a strong occupancy of 98.0% and a Weighted Average Lease Term (WALT) of 12.0 years.
  • The company's balance sheet is investment grade, rated Baal by Moody's and BBB+ by S&P, with a total enterprise value of $22.752 billion as of December 31, 2025.
  • Leverage metrics include a Net Debt / Adjusted EBITDA (annualized) of 5.9x, and 92% of the company's debt is fixed-rate, with a weighted average interest rate of 3.2% for the three months ended December 31, 2025.
  • W. P. Carey maintained $2.2 billion in liquidity at year-end 2025 and executed several debt issuances in 2024 and 2025 to manage its capital structure.
Feb 11, 2026, 5:00 PM
W. P. Carey Reports Strong 2025 Results and Provides 2026 Guidance
WPC
Earnings
Guidance Update
New Projects/Investments
  • W. P. Carey reported strong 2025 results, with AFFO per share of $4.97, representing 5.7% year-over-year growth, and a record annual investment volume of $2.1 billion.
  • For 2026, the company expects AFFO of $5.13-$5.23 per share, implying 4.2% year-over-year growth at the midpoint, based on anticipated investment volume of $1.25 billion-$1.75 billion and dispositions of $250 million-$750 million.
  • The company maintained a healthy balance sheet with net debt to Adjusted EBITDA at 5.6x and plans to refinance two bonds maturing in 2026 while keeping the weighted average interest rate in the low- to mid-3% range.
  • Strategic focus includes expanding in U.S. retail, which accounted for 22% of 2025 deal volume, and leveraging its Carey Tenant Solutions platform with $280 million in construction projects to be delivered over the next 12-18 months.
Feb 11, 2026, 5:00 PM