W. P. Carey Inc.
In the published model solve dated 2026-Q2, anchored at $72.18, W. P. Carey Inc. (WPC) is priced for -3.0% AFFO growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 28, 2026 from SEC EDGAR filings.
- The repositioned REIT is growing again: Q1 2026 AFFO rose 11.1 percent to 1.30 dollars per share, full-year AFFO guidance was raised to 5.16 to 5.26 dollars, and the dividend was increased 4.5 percent to an annualized 3.72 dollars, a roughly 5 percent yield. - Structural inflation protection sets it apart: leases are primarily triple-net (FY2025 10-K, accession 0001025378-26-000036) and roughly 57 percent are CPI-linked, a hedge most net-lease peers lack, supporting 682 million dollars of year
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840 institutional managers reported holding WPC in 13F filings for the quarter ended 2026-03-31. Together they hold about 76% of the company; the top 10 hold 45%. 76 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 10.1M shares were sold short as of the 2026-06-15 count, about 5% of shares outstanding (6.8 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
WPC's share count grew 20% over the past five years. It pays a dividend, and has paid one every year in our records (17 and counting); the current rate is $3.62 a share annually. Cash returned over the past three years: $2.22B in dividends.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at WPC over the trailing three years: 2024: 4 buys totaling $642k. 15 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
WPC's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-07-29 | -4.5% | -20.6% |
| 2023-11-04 | -0.6% | +17.8% |
| 2024-02-10 | -6.5% | -4.2% |
| 2024-05-02 | -1.9% | -1.8% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
WPC's latest 8-K filings: 2026-07-28 (items 2.02, 7.01, 9.01); 2026-07-02 (items 1.01, 9.01); 2026-06-30 (items 1.01, 8.01, 9.01); 2026-06-17 (items 7.01, 8.01); 2026-06-12 (items 5.07, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 28, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.