Here's Why W.P. Carey (WPC) is a Strong Momentum Stock

Zacks Investment Research highlights W.P. Carey (WPC), a large net-lease REIT, as a strong momentum stock, assigning it a Zacks Rank of #2 (Buy) and a VGM Score of B. WPC's shares have increased 1.2% in the past four weeks, and the consensus earnings estimate for fiscal 2025 has risen by $0.06 to $4.88 per share following upward revisions by three analysts in the last 60 days, suggesting positive earnings momentum.

Analysis

W.P. Carey Inc. (WPC), a large net-lease real estate investment trust, is identified as a strong momentum stock, currently holding a Zacks Rank of #2 (Buy) and a VGM Score of B. This positive ranking is supported by recent share performance, with WPC's stock price increasing by 1.2% over the past four weeks. Further bolstering the bullish outlook, three analysts have revised their earnings estimates upwards for fiscal 2025 within the last 60 days. Consequently, the Zacks Consensus Estimate for WPC's fiscal 2025 earnings per share has risen by $0.06 to $4.88. The company also reports an average earnings surprise of 0%. According to Zacks' methodology, stocks with a #1 (Strong Buy) or #2 (Buy) rank, particularly when combined with Style Scores of A or B, have a higher probability of outperforming the market, with #1 rank stocks historically delivering an average annual return of +25.41% since 1988. WPC's Momentum Style Score is B, indicating favorable conditions for momentum-focused investment strategies.

Key Decisions for Investors

• Given W.P. Carey's #2 (Buy) Zacks Rank, B-grade VGM and Momentum Style Scores, and positive fiscal 2025 earnings estimate revisions, investors, particularly those with a momentum focus, should consider WPC for their portfolios.
• Investors should monitor for continued upward revisions in earnings estimates and sustained share price momentum, as these are key drivers highlighted by the Zacks Rank system.
• The combination of a #2 Rank and B Style Scores suggests a favorable risk-reward profile according to the provided methodology, warranting further due diligence.