W. P. Carey Inc., the Real Estate sector company, was revisited by a Wall Street analyst today. Analyst John Kim from BMO Capital maintained a Buy rating on the stock and has a $70.00 price target.
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John Kim has given his Buy rating due to a combination of factors that highlight W. P. Carey Inc.’s strong performance and strategic investments. The company exceeded expectations in the second quarter of 2025, raising its full-year AFFOps guidance above market consensus. This positive outlook is supported by significant investments totaling $1.1 billion year-to-date, with a revised target of $1.6 billion, funded through effective capital recycling strategies.
Additionally, W. P. Carey Inc. demonstrated solid financial metrics, including a comprehensive ABR growth and an increase in CPI-linked leases. The company’s quarterly dividend also saw a notable increase, reflecting its commitment to shareholder returns. Despite some concerns about a potential deceleration in the latter half of the year and a decrease in rent recapture rates, the overall financial health and strategic direction of W. P. Carey Inc. underpin John Kim’s Buy rating.
According to TipRanks, Kim is an analyst with an average return of -0.2% and a 44.91% success rate. Kim covers the Real Estate sector, focusing on stocks such as Boston Properties, Kilroy Realty, and Sun Communities.