Scotiabank cuts target for W.P. Carey stock to USD 68

Published on 10/01/2026 at 22:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

W.P. Carey stock costs EUR 56.79 after EUR 57.04 on October 1, 2026. Second-quarter revenue was USD 461.1 million versus USD 452.2 million.

WPC, US92936U1097, Illustration mit AI erstellt.

Scotiabank cut its price target for W.P. Carey stock (ISIN US92936U1097) from USD 76.00 to USD 68.00 on September 24, 2026. As Markets Insider reported, the bank retained a Sector Perform rating and cited compressed investment spreads for net-lease real estate investment trusts. W.P. Carey was trading at EUR 56.79 at Lang & Schwarz on October 1, 2026 at 10:43 p.m. CEST, down 0.44 percent versus the EUR 57.04 prior close.

Target cut reflects rate pressure

The Scotiabank action puts the new USD 68.00 target only modestly above the latest US market context. It also highlights the tension between W.P. Carey's contractual rental income and the higher financing costs affecting property acquisitions.

The bank expects acquisition activity to slow in 2027 until cap rates adjust, while describing the pressure as transitory. That assessment gives the target cut a specific operating context rather than treating it as a broad change in the company rating.

Revenue beats second-quarter estimate

W.P. Carey reported USD 461.1 million of revenue for the second quarter of 2026, compared with an analyst estimate of USD 452.2 million. According to Nasdaq, diluted earnings per share were USD 0.82 versus an estimate of USD 0.71, a positive surprise of 15.98 percent.

The company raised its quarterly dividend to USD 0.95 per share from USD 0.94. MarketBeat reported that the new payment equals USD 3.80 on an annualized basis and a 5.80 percent yield, with payment scheduled for October 15, 2026.

Stock remains near yearly low

W.P. Carey had a market capitalization of USD 14.5 billion as of October 1, 2026. Its USD 63.08 to USD 77.22 52-week range places the Lang & Schwarz euro quote in a market shaped by both income support and interest-rate sensitivity.

The investor-relations site says the portfolio comprised 1,748 net-lease properties as of June 30, 2026. W. P. Carey describes the assets as primarily single-tenant industrial, warehouse and retail properties in the United States and Europe. wallstreetONLINE lists October 27, 2026 as the next quarterly reporting date.

EUR 56.79 after-hours quote

W.P. Carey was trading at EUR 56.79 at Lang & Schwarz on October 1, 2026 at 10:43 p.m. CEST, down 0.44 percent versus the Lang & Schwarz prior close of EUR 57.04 on September 30, 2026. The stock's 52-week range on the NYSE was USD 63.08 to USD 77.22, with market capitalization at USD 14.5 billion.