W. P. Carey Inc. (WPC) Fairly Valued Amid Steady Deployment, Says Citizens

W. P. Carey Inc. (NYSE:WPC) is among the 14 Most Profitable Real Estate Stocks Right Now. On March 26, Citizens reaffirmed a Market Perform rating on W. P. Carey Inc. (NYSE:WPC), while raising its estimates. The firm highlighted that the company has remained active from a capital markets standpoint since the beginning of the year. This positions it well to sustain a rapid pace of deployment. According to Citizens, the company’s shares trade at a slight premium to the net-lease REIT sector, at 13 times 2026 projected adjusted funds from operations per share, implying a fair valuation.

Earlier on March 17, Raymond James upgraded W. P. Carey Inc. (NYSE:WPC) to Outperform from Market Perform and set a $76 price target. The firm noted that the company’s Q4 results were in line with expectations and issued 2026 adjusted funds from operations guidance modestly above consensus forecasts.

Pixabay/Public domain

Raymond James believes W. P. Carey Inc. (NYSE:WPC) could surpass the investment target, stating that it appears conservative after a record 2025 when the company completed $2.1 billion in investments. From appealing investment spreads to an attractive cost of capital, the firm cited strong reasons for a bullish stance.

W. P. Carey Inc. (NYSE:WPC) is a Maryland-based net lease REIT and one of the largest, with a diversified portfolio of high-quality commercial real estate. Incorporated in 1973, the company has 1,682 net lease properties.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years 

Disclosure: None. Follow Insider Monkey on Google News.