W.P. Carey Company Profile (NYSE:WPC)

About W.P. Carey

W.P. Carey logoW. P. Carey provides long-term, sale-leaseback and build-to-suit transactions for companies worldwide, and manages a global investment portfolio. It has two primary business segments. Under the investment management segment, the Company earns revenue as the advisor to publicly owned, non-actively traded real estate investment trusts (REITs), which are sponsored by the Company under the Corporate Property Associates brand name (the CPA REITs) and invests in similar properties. Under the real estate ownership segment, the Company owns and invests in commercial properties in the United States and the European Union that are then leased to companies, primarily on a single-tenant, triple-net leased basis. As of December 31, 2009, it operated as advisor to Corporate Property Associates 14 Incorporated, Corporate Property Associates 15 Incorporated, Corporate Property Associates 16 - Global Incorporated and Corporate Property Associates 17 - Global Incorporated.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Diversified
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: WPC
  • CUSIP:
Key Metrics:
  • Previous Close: $63.36
  • 50 Day Moving Average: $61.22
  • 200 Day Moving Average: $62.80
  • 52-Week Range: $106,280,000.00 - $53.18
  • Trailing P/E Ratio: 25.02
  • Foreward P/E Ratio: 24.25
  • P/E Growth: 0.00
  • Market Cap: $6.73B
  • Outstanding Shares: 106,280,000
  • Beta: 0.87
Profitability:
  • Net Margins: 30.17%
  • Return on Equity: 7.71%
  • Return on Assets: 3.13%
Debt:
  • Debt-to-Equity Ratio: 1.18%
  • Current Ratio: 0.41%
  • Quick Ratio: 0.41%
Additional Links:
Companies Related to W.P. Carey:

Analyst Ratings

Consensus Ratings for W.P. Carey (NYSE:WPC) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $68.17 (7.69% upside)

Analysts' Ratings History for W.P. Carey (NYSE:WPC)
Show:
DateFirmActionRatingPrice TargetDetails
9/25/2016Wells Fargo & CompanyReiterated RatingHoldView Rating Details
9/23/2016BMO Capital MarketsReiterated RatingBuy$81.00View Rating Details
7/7/2016Citigroup Inc.Boost Price TargetSell$54.00 -> $59.00View Rating Details
3/21/2016Evercore ISIBoost Price TargetHold$63.00 -> $64.50View Rating Details
2/11/2016Ladenburg Thalmann Financial ServicesDowngradeBuy -> NeutralView Rating Details
2/11/2016Capital One Financial CorporationDowngradeOverweight -> Equal WeightView Rating Details
6/25/2015Bank of America CorporationDowngradeNeutral -> Underperform$71.00 -> $64.00View Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for W.P. Carey (NYSE:WPC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/23/2017        
11/3/2016Q316$1.20$1.03$176.33 million$204.20 millionViewN/AView Earnings Details
8/4/2016Q216$0.59$1.24$184.64 million$198.80 millionViewN/AView Earnings Details
5/5/2016Q116$0.44$1.31$177.19 million$244.20 millionViewN/AView Earnings Details
2/25/2016Q415$1.18$1.27$172.85 million$232.40 millionViewListenView Earnings Details
11/3/2015Q315$1.06$1.19$172.48 million$214.70 millionViewN/AView Earnings Details
8/4/2015Q215$0.98$1.31$167.28 million$224.30 millionViewN/AView Earnings Details
5/18/2015Q115$0.99$1.22$188.62 million$204.80 millionViewListenView Earnings Details
2/24/2015Q414$0.38$0.30$168.35 million$248.30 millionViewN/AView Earnings Details
11/4/2014Q314$0.39$1.13$132.60 million$195.90 millionViewN/AView Earnings Details
8/5/2014Q214$0.38$0.38$154.36 million$252.90 millionViewN/AView Earnings Details
5/8/2014Q114$0.73$1.31$123.35 million$163.40 millionViewN/AView Earnings Details
3/3/2014$0.37$0.38ViewN/AView Earnings Details
11/5/2013Q313$0.56$1.03$78.20 million$114.70 millionViewN/AView Earnings Details
8/6/2013Q213$0.36$1.05$46.60 million$103.60 millionViewN/AView Earnings Details
5/7/2013Q1 2013$1.03$49.60 million$101.40 millionViewN/AView Earnings Details
2/26/2013Q4 2012$1.13$327.80 million$374.00 millionViewN/AView Earnings Details
11/8/2012Q312$0.82$14.84 million$15.85 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for W.P. Carey (NYSE:WPC)
Current Year EPS Consensus Estimate: $2.68 EPS
Next Year EPS Consensus Estimate: $2.61 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$1.02$1.04$1.03
Q2 20162$1.03$1.05$1.04
Q3 20161$1.17$1.17$1.17
Q4 20161$1.08$1.08$1.08
Q1 20171$1.12$1.12$1.12
Q2 20171$1.14$1.14$1.14
Q3 20171$1.23$1.23$1.23
Q4 20171$1.24$1.24$1.24
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for W.P. Carey (NYSE:WPC)
Annual Dividend:$3.96
Dividend Yield:6.26%
Dividend Growth:7.10% (3 Year Average)
Payout Ratio:156.52% (Based on Trailing 12 Months of Earnings)
147.76% (Based on Current Year Consensus EPS Estimate)
151.72% (Based on Next Year Consensus EPS Estimate)
Track Record:16 Years of Consecutive Dividend Growth

Dividend History for W.P. Carey (NYSE:WPC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/7/2016quarterly$0.9912/28/201612/30/20161/13/2017
9/22/2016quarterly$0.999/29/201610/3/201610/14/2016
6/16/2016quarterly$0.986/28/20166/30/20167/15/2016
3/21/2016quarterly$0.973/29/20163/31/20164/15/2016
12/10/2015quarterly$0.9612/29/201512/31/20151/15/2016
9/17/2015quarterly$0.969/28/20159/30/201510/15/2015
6/18/2015quarterly$0.956.12%6/26/20156/30/20157/15/2015
3/19/2015quarterly$0.955.38%3/27/20153/31/20154/15/2015
12/10/2014quarterly$0.955.47%12/29/201412/31/20141/15/2015
9/18/2014quarterly$0.945.53%9/26/20149/30/201410/15/2014
6/19/2014quarterly$0.905.51%6/26/20146/30/20147/15/2014
3/20/2014quarterly$0.905.82%3/27/20143/31/20144/15/2014
12/13/2013quarterly$0.875.71%12/27/201312/31/20131/15/2014
12/12/2013special$0.115.71%12/27/201312/31/20131/15/2014
9/19/2013quarterly$0.865.17%9/26/20139/30/201310/15/2013
6/20/2013quarterly$0.847/1/20137/15/2013
3/14/2013quarterly$0.824.79%3/26/20133/28/20134/15/2013
12/14/2012special$0.6612/27/201212/31/20121/15/2013
12/13/2012quarterly$0.6612/31/20121/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for W.P. Carey (NYSE:WPC)
Insider Ownership Percentage: 1.68%
Institutional Ownership Percentage: 48.59%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/17/2016Mark A AlexanderDirectorBuy4,000$57.73$230,920.00View SEC Filing  
11/7/2016Mary M VandewegheDirectorBuy940$58.67$55,149.80View SEC Filing  
8/26/2016Nathaniel S CoolidgeDirectorSell350$66.79$23,376.50View SEC Filing  
5/9/2016Mary M VandewegheDirectorBuy1,000$63.08$63,080.00View SEC Filing  
12/18/2015Thomas E. ZachariasCOOSell17,000$60.03$1,020,510.00View SEC Filing  
12/17/2015Nathaniel S. CoolidgeDirectorSell757$60.92$46,116.44View SEC Filing  
12/8/2015Trevor P BondCEOSell1,998$61.08$122,037.84View SEC Filing  
5/21/2015Trevor P BondCEOBuy2,000$63.07$126,140.00View SEC Filing  
3/6/2015Trevor P BondCEOBuy2,000$65.59$131,180.00View SEC Filing  
3/2/2015Mark M GoldbergDirectorSell20,000$69.30$1,386,000.00View SEC Filing  
2/26/2015Benjamin H Iv GriswoldDirectorSell11,000$68.35$751,850.00View SEC Filing  
8/13/2014Hisham A KaderCAOSell1,488$68.68$102,195.84View SEC Filing  
8/7/2014Hisham A KaderCAOSell1,705$66.92$114,098.60View SEC Filing  
5/20/2014Trevor BondCEOBuy1,000$61.98$61,980.00View SEC Filing  
5/15/2014Thomas ZachariasCOOSell7,500$62.00$465,000.00View SEC Filing  
5/13/2014Benjamin Iv GriswoldDirectorSell15,936$61.50$980,064.00View SEC Filing  
11/25/2013Of Wm. Polk Carey EstateMajor ShareholderSell750,000$62.15$46,612,500.00View SEC Filing  
9/9/2013H Augustus CareyMajor ShareholderSell1,083,000$65.00$70,395,000.00View SEC Filing  
12/18/2012Mark M GoldbergDirectorBuy1,600$49.45$79,120.00View SEC Filing  
12/3/2012Mark M GoldbergDirectorBuy1,250$48.32$60,400.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for W.P. Carey (NYSE:WPC)
DateHeadline
News IconDo Analysts See Any Upside to WP Carey Inc. (NYSE:WPC)? - Rockville Register (NYSE:WPC)
rockvilleregister.com - February 17 at 8:06 AM
capitalcube.com logoW.P. Carey, Inc. : WPC-US: Dividend Analysis : December 30th, 2016 (record date) : By the numbers : February 16, 2017 (NYSE:WPC)
www.capitalcube.com - February 17 at 8:06 AM
prnewswire.com logoW. P. Carey Inc. Appoints ToniAnn Sanzone Chief Financial Officer - PR Newswire (press release) (NYSE:WPC)
www.prnewswire.com - February 2 at 6:48 AM
finance.yahoo.com logoREIT Industry Stock Outlook - Feb 2017 (NYSE:WPC)
finance.yahoo.com - February 2 at 6:48 AM
News IconInvestor Brief: Checking Technical Levels on Shares of W. P. Carey Inc. (WPC) - Market Point (NYSE:WPC)
mtptnews.com - January 30 at 9:44 AM
forbes.com logoSix 6% Yields (With 60% Upside, Too) (NYSE:WPC)
www.forbes.com - January 27 at 4:07 PM
finance.yahoo.com logoW. P. Carey Inc. to Release Fourth Quarter and Full Year 2016 Financial Results on Thursday, February 23, 2017 (NYSE:WPC)
finance.yahoo.com - January 27 at 6:47 AM
finance.yahoo.com logoW. P. Carey Announces Tax Treatment of 2016 Dividends (NYSE:WPC)
finance.yahoo.com - January 25 at 4:56 PM
News IconConsensus Take: W.P. Carey Inc. (NYSE:WPC) Earnings & Ratings Watch - Aiken Advocate (NYSE:WPC)
aikenadvocate.com - January 24 at 3:29 PM
News IconEarnings in Full Force, Analysts Take Aim at W.P. Carey Inc. (NYSE:WPC) - Wall Street Beacon (NYSE:WPC)
wsbeacon.com - January 24 at 3:29 PM
biz.yahoo.com logoW. P. CAREY INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Statements a (NYSE:WPC)
biz.yahoo.com - January 19 at 9:00 PM
seekingalpha.com logoBuy W.P. Carey For Portfolio Diversification And Income Despite Risks - Seeking Alpha (NYSE:WPC)
seekingalpha.com - January 19 at 8:00 AM
seekingalpha.com logoTop REIT Pays 6.5 Percent, Strong Growth, Excellent Dividend Coverage (NYSE:WPC)
seekingalpha.com - January 15 at 4:37 AM
finance.yahoo.com logoW. P. Carey Inc. Announces Pricing of Euro 500 Million of Guaranteed Senior Unsecured Notes - Yahoo Finance (NYSE:WPC)
finance.yahoo.com - January 13 at 8:24 PM
prnewswire.com logoW. P. Carey Inc. Announces Pricing of Euro 500 Million of Guaranteed Senior Unsecured Notes - PR Newswire (press release) (NYSE:WPC)
www.prnewswire.com - January 13 at 6:37 AM
News Icon3 Stocks Paying Higher Cash Dividends (NYSE:WPC)
www.dividend-growth-stocks.com - January 2 at 3:51 PM
capitalcube.com logoW.P. Carey, Inc. breached its 50 day moving average in a Bullish Manner : WPC-US : January 2, 2017 (NYSE:WPC)
www.capitalcube.com - January 2 at 3:51 PM
seekingalpha.com logoCharts Indicate These Dividend Growth REITs Are Showing Strength (NYSE:WPC)
seekingalpha.com - December 29 at 2:02 AM
seekingalpha.com logoContender Dogs: Energy, Real Estate And Utilities Abound In December (NYSE:WPC)
seekingalpha.com - December 25 at 8:12 AM
nasdaq.com logoW.P. Carey Named Top Dividend Stock With Insider Buying and 6.72% Yield (WPC) (NYSE:WPC)
www.nasdaq.com - December 24 at 2:32 AM
capitalcube.com logoETFs with exposure to W.P. Carey, Inc. : December 22, 2016 (NYSE:WPC)
www.capitalcube.com - December 23 at 4:57 AM
seekingalpha.com logoW.P. Carey: Feeling Greedy Or Fearful? - Seeking Alpha (NYSE:WPC)
seekingalpha.com - December 21 at 3:53 PM
fool.com logoForget Textainer Group Holdings Limited: Here Are 3 Better Dividend Stocks (NYSE:WPC)
www.fool.com - December 20 at 9:12 AM
investornewswire.com logoRating Of W.P. Carey Inc. (NYSE:WPC) Revised To 3.25 - Investor Newswire (NYSE:WPC)
www.investornewswire.com - December 14 at 2:29 AM
finance.yahoo.com logoA High-Yield REIT With 18 Straight Years of Dividend Increases (NYSE:WPC)
finance.yahoo.com - December 13 at 4:27 PM
capitalcube.com logoW.P. Carey, Inc. breached its 50 day moving average in a Bullish Manner : WPC-US : December 13, 2016 (NYSE:WPC)
www.capitalcube.com - December 13 at 9:19 AM
News IconMetric Analysis: Volatility Gauge for W. P. Carey Inc. (WPC) - StockTalk Daily (NYSE:WPC)
stocktalkdaily.com - December 12 at 8:08 AM
prnewswire.com logoW. P. Carey Inc. Names Gino Sabatini Head of Investments - PR Newswire (press release) (NYSE:WPC)
www.prnewswire.com - December 12 at 8:08 AM
finance.yahoo.com logoW. P. Carey Inc. Names Gino Sabatini Head of Investments (NYSE:WPC)
finance.yahoo.com - December 12 at 8:08 AM
streetinsider.com logoW. P. Carey (WPC) COO/Head of Asset Management Thomas Zacharias to Retire (NYSE:WPC)
www.streetinsider.com - December 9 at 9:09 PM
us.rd.yahoo.com logoW. P. Carey Chief Operating Officer and Head of Asset Management to Retire from Firm (NYSE:WPC)
us.rd.yahoo.com - December 9 at 9:09 PM
biz.yahoo.com logoW. P. CAREY INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NYSE:WPC)
biz.yahoo.com - December 9 at 9:09 PM
streetinsider.com logoW. P. Carey (WPC) COO/Head of Asset Management Thomas Zacharias to Retire - StreetInsider.com (NYSE:WPC)
www.streetinsider.com - December 9 at 4:07 PM
capitalcube.com logoETFs with exposure to W.P. Carey, Inc. : December 9, 2016 (NYSE:WPC)
www.capitalcube.com - December 9 at 4:07 PM
us.rd.yahoo.com logoW. P. Carey Inc. Increases Quarterly Dividend to $0.9900 per Share (NYSE:WPC)
us.rd.yahoo.com - December 8 at 11:07 AM
us.rd.yahoo.com logo4:32 pm W.P. Carey increases quarterly dividend to $0.99/share from $0.985/share (NYSE:WPC)
us.rd.yahoo.com - December 8 at 11:07 AM
seekingalpha.com logoA Do-It-Yourselfer's Guide To Retirement - Seeking Alpha (NYSE:WPC)
seekingalpha.com - December 7 at 2:16 AM
seekingalpha.com logoA Do-It-Yourselfer's Guide To Retirement (NYSE:WPC)
seekingalpha.com - December 6 at 12:54 PM
News IconHedge Funds Love W.P. Carey Inc. REIT (WPC): 100% Surge in Smart Money Ownership in 2016 (NYSE:WPC)
feedproxy.google.com - December 3 at 9:13 PM
seekingalpha.com logoChallenges And Opportunities Lie Ahead For This Unique REIT - Seeking Alpha (NYSE:WPC)
seekingalpha.com - November 29 at 1:19 PM
finance.yahoo.com logoCPA:18 -- Global Closes $38.5 Million Retail Portfolio Mezzanine Financing (NYSE:WPC)
finance.yahoo.com - November 23 at 11:52 AM
nasdaq.com logoWPC Trading Below Director's Recent Buy Price - Nasdaq (NYSE:WPC)
www.nasdaq.com - November 17 at 8:01 PM
finance.yahoo.com logoW. P. Carey (WPC): Moving Average Crossover Alert (NYSE:WPC)
finance.yahoo.com - November 17 at 12:57 PM
nasdaq.com logoWPC Trading Below Director's Recent Buy Price (NYSE:WPC)
www.nasdaq.com - November 16 at 8:41 PM
finance.yahoo.com logoW. P. CAREY INC. Financials (NYSE:WPC)
finance.yahoo.com - November 10 at 8:27 PM
capitalcube.com logoETF’s with exposure to W.P. Carey, Inc. : November 10, 2016 (NYSE:WPC)
www.capitalcube.com - November 10 at 8:27 PM
streetinsider.com logoW. P. Carey (WPC) Completes $145M Industrial Facility Portfolio Sale-Leaseback (NYSE:WPC)
www.streetinsider.com - November 9 at 8:36 PM
News IconRegulatory Insider Filing: Mary Vandeweghe, W.P. Carey Inc. REIT (NYSE:WPC)’s insider Paid for 940 Shares (NYSE:WPC)
www.whatsonthorold.com - November 9 at 8:36 PM
prnewswire.com logoW. P. Carey Inc. Announces $145 Million Agreement for Sale-Leaseback of 15-Property Vertically Integrated Industrial ... - PR Newswire (press release) (NYSE:WPC)
www.prnewswire.com - November 9 at 11:36 AM
publicnow.com logoW. P. Carey Inc. Announces $145 Million Agreement for Sale-Leaseback of 15-Property Vertically Integrated Industrial Portfolio (NYSE:WPC)
www.publicnow.com - November 9 at 11:36 AM

Social

What is W.P. Carey's stock symbol?

W.P. Carey trades on the New York Stock Exchange (NYSE) under the ticker symbol "WPC."

How often does W.P. Carey pay dividends? What is the dividend yield for W.P. Carey?

W.P. Carey declared a quarterly dividend on Wednesday, December 7th. Shareholders of record on Friday, December 30th will be given a dividend of $0.99 per share on Friday, January 13th. This represents a $3.96 annualized dividend and a yield of 6.26%. The ex-dividend date of this dividend is Wednesday, December 28th. This is a boost from W.P. Carey's previous quarterly dividend of $0.99.

Where is W.P. Carey's stock going? Where will W.P. Carey's stock price be in 2017?

4 brokers have issued twelve-month target prices for W.P. Carey's stock. Their forecasts range from $59.00 to $81.00. On average, they anticipate W.P. Carey's stock price to reach $68.17 in the next twelve months.

When will W.P. Carey announce their earnings?

W.P. Carey is scheduled to release their next quarterly earnings announcement on Thursday, February, 23rd 2017.

Who owns W.P. Carey stock?

W.P. Carey's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (3.40%), State Street Corp (1.74%), Dimensional Fund Advisors LP (1.24%), Brown Advisory Inc. (1.09%), Martingale Asset Management L P (0.34%) and Two Sigma Investments LP (0.27%). Company insiders that own W.P. Carey stock include Benjamin H Iv Griswold, Mark A Alexander, Mark M Goldberg, Mary M Vandeweghe, Nathaniel S Coolidge, Thomas E Zacharias and Trevor P Bond.

Who sold W.P. Carey stock? Who is selling W.P. Carey stock?

W.P. Carey's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Brown Advisory Inc., Envestnet Asset Management Inc., Guggenheim Capital LLC, NN Investment Partners Holdings N.V., First Allied Advisory Services Inc., State Board of Administration of Florida Retirement System and Thrivent Financial for Lutherans.

Who bought W.P. Carey stock? Who is buying W.P. Carey stock?

W.P. Carey's stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Stellar Capital Management LLC, Dimensional Fund Advisors LP, Benson Investment Management Company Inc., Renaissance Technologies LLC, Ancora Advisors LLC, Martingale Asset Management L P and Private Advisor Group LLC. Company insiders that have bought W.P. Carey stock in the last two years include Mark A Alexander, Mary M Vandeweghe and Trevor P Bond.

How do I buy W.P. Carey stock?

Shares of W.P. Carey can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of W.P. Carey stock cost?

One share of W.P. Carey stock can currently be purchased for approximately $63.30.

W.P. Carey (NYSE:WPC) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for W.P. Carey (NYSE:WPC)

Earnings History Chart

Earnings by Quarter for W.P. Carey (NYSE:WPC)

Dividend History Chart

Dividend Payments by Quarter for W.P. Carey (NYSE:WPC)

Last Updated on 2/19/2017 by MarketBeat.com Staff