W. P. Carey's Growth Drivers to Have Smaller Impact in 2026, Equity Issuance a Risk, RBC Says

MT Newswires Live12-09

W. P. Carey's (WPC) growth drivers will likely have a smaller impact in 2026, while the need for equity issuance along with limited visibility into tenant credit may weigh on performance, RBC Capital Markets said in a note Monday.

RBC said that 2025's growth has been supported by nonrecurring benefits, including record investment activity, favorable foreign exchange and easy comps from last year's credit issues.

W. P. Carey's $1.8 billion to $2.1 billion investment target for 2025 may be difficult to repeat, especially with future deals potentially requiring equity financing, RBC analysts noted.

The company's tenant list is "opaque," with few recognizable names among the top 25, raising potential risks if credit quality weakens, the investment firm said.

W. P. Carey's current valuation reflects all of its strengths, including rent escalators and access to European capital, leaving little room for further upside, the note added.

RBC downgraded the W. P. Carey to sector perform from outperform while keeping its $69 price target.

Price: 65.23, Change: -1.08, Percent Change: -1.63

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P. Carey's Growth Drivers to Have Smaller Impact in 2026, Equity Issuance a Risk, RBC Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-12-09 01:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/WPC\">W. P. Carey</a>'s (WPC) growth drivers will likely have a smaller impact in 2026, while the need for equity issuance along with limited visibility into tenant credit may weigh on performance, RBC Capital Markets said in a note Monday.</p><p>RBC said that 2025's growth has been supported by nonrecurring benefits, including record investment activity, favorable foreign exchange and easy comps from last year's credit issues.</p><p>W. P. Carey's $1.8 billion to $2.1 billion investment target for 2025 may be difficult to repeat, especially with future deals potentially requiring equity financing, RBC analysts noted.</p><p>The company's tenant list is \"opaque,\" with few recognizable names among the top 25, raising potential risks if credit quality weakens, the investment firm said.</p><p>W. P. Carey's current valuation reflects all of its strengths, including rent escalators and access to European capital, leaving little room for further upside, the note added.</p><p>RBC downgraded the W. P. Carey to sector perform from outperform while keeping its $69 price target.</p><p>Price: 65.23, Change: -1.08, Percent Change: -1.63</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WPC","symbol_name":"W. P. Carey Inc","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2590350848","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2590350848","pubTimestamp":1765215865,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"W. P. 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