Quarterly ResultOct 27, 2026, 04:16 PM
W. P. Carey Raises 2026 AFFO Guidance to $5.23-$5.29; Q3 EPS $0.61
AI Summary
W. P. Carey Inc. announced its third quarter 2026 financial results, reporting diluted earnings per share of $0.61 and Adjusted Funds from Operations (AFFO) per diluted share of $1.33. The company raised and narrowed its full-year 2026 AFFO guidance to a range of $5.23 to $5.29 per diluted share and increased the low end of its investment volume guidance to $1.8 billion. W. P. Carey also declared a third quarter cash dividend of $0.950 per share and reported strong year-to-date investment activity of $1.6 billion. Additionally, the company issued $350 million in new senior notes to refinance existing debt.
Key Highlights
- W. P. Carey Inc. reported Q3 2026 diluted EPS of $0.61 and AFFO per diluted share of $1.33.
- AFFO guidance for 2026 raised and narrowed to $5.23 - $5.29 per diluted share.
- Investment volume guidance for 2026 raised at the low end to $1.8 billion - $2.1 billion.
- Third quarter cash dividend declared at $0.950 per share, annualized rate of $3.80 per share.
- Completed $1.6 billion in investments year-to-date, with $181.9 million in Q3.
- Gross disposition proceeds of $273.2 million for the first nine months of 2026.
- Contractual same-store rent growth was 2.6% year over year.
- Issued $350 million of 5.200% Senior Unsecured Notes due 2036 to prepay existing notes.
Price Impact
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