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W.P. Carey Has A New Growth Engine
W. P. CareyW. P. Carey(US:WPC) Seeking Alphaยท2025-04-24 07:51

W. P. Carey (NYSE:WPC) shot up 15% since its 4Q24 earnings on 2/11/25. SA It has since fallen back down on the broader market crash, allowing us to still get in at the cheaper price. It was a small beat of 2 cents, and guidance called for a modest 3% AFFO/share growth in 2025. So why did the stock price move so much? I posit that it is because WPC has found a new growth engine. WPC's Phases WPC is a large and seasoned triple net REIT. Over its history, it has had distinct phases of operations. While managin ...