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Trading Experts Call It “The Perfect Tesla Trade” (Ad)
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2 energy drink makers to wake up your portfolio
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio

W. P. Carey Stock Price, News & Analysis (NYSE:WPC)

$64.87
+1.49 (+2.35%)
(As of 12/4/2023 ET)
Compare
Today's Range
$62.98
$64.90
50-Day Range
$52.20
$64.87
52-Week Range
$51.36
$85.94
Volume
2.23 million shs
Average Volume
1.35 million shs
Market Capitalization
$14.19 billion
P/E Ratio
17.82
Dividend Yield
6.60%
Price Target
$66.60

W. P. Carey MarketRank™ Stock Analysis

Analyst Rating
Hold
2.09 Rating Score
Upside/​Downside
2.7% Upside
$66.60 Price Target
Short Interest
Healthy
1.57% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.73
Upright™ Environmental Score
News Sentiment
0.33mentions of W. P. Carey in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-11.71%
From $5.04 to $4.45 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.06 out of 5 stars

Finance Sector

474th out of 822 stocks

Real Estate Investment Trusts Industry

89th out of 174 stocks


WPC stock logo

About W. P. Carey Stock (NYSE:WPC)

W.P. Carey, Inc. is a premier global real estate investment trust (REIT) that specializes in providing long-term sale-leaseback and build-to-suit transactions for companies across various industries. With a mission to deliver reliable income and long-term capital appreciation, W.P. Carey owns and manages an extensive portfolio of commercial properties worldwide. Headquartered in New York City, the company operates across North America, Europe, and Asia.

W.P. Carey's portfolio encompasses various properties, including industrial, office, retail, warehouse, and logistics facilities. By partnering with leading companies, W.P. Carey creates customized real estate solutions that help businesses unlock capital tied up in their properties, enabling them to reinvest in core operations and strategic initiatives. The company's target market comprises established corporations and middle-market companies across the manufacturing, logistics, retail, and healthcare industries.

W.P. Carey boasts a solid customer base of reputable companies, including multinational corporations and industry leaders. Some of its key customers include Coca-Cola, Siemens, Marriott, U-Haul, and W.W. Grainger, among others. By catering to these esteemed clients, W.P. Carey has built a reputation for its ability to provide customized real estate solutions that meet the evolving needs of businesses.

W.P. Carey's leadership team comprises seasoned professionals with extensive real estate and finance expertise. The management team, led by Chief Executive Officer Jason Fox, brings a wealth of experience in investment management, acquisitions, and strategic planning. 

W.P. Carey has demonstrated consistent financial performance in recent years. The company's revenue has steadily increased, reaching $18 billion in the most recent fiscal year, representing a year-on-year growth rate of around 5%. Moreover, W.P. Carey maintains healthy profit margins.

With a focus on sustainable growth and strong financial performance, W.P. Carey's valuation metrics stand favorably among its industry peers. The company's price-to-earnings and price-to-book suggest an undervalued stock relative to the broader market. 

W.P. Carey's stock has exhibited resilient performance in recent years. Despite short-term fluctuations in the market, the company has consistently delivered value to its shareholders. The stock has recently experienced a setback, reflecting the overall real estate market uncertainty during tough economic times. 

W.P. Carey operates in the highly competitive real estate industry, needing accurate market intelligence, extensive networks, and a deep understanding of local dynamics. The company differentiates itself by focusing on long-term, triple-net lease structures, which provide stable cash flows and minimize the risks associated with property management.

W.P. Carey is well-positioned to capitalize on growth opportunities in the global real estate market. The company aims to expand its presence in key international markets, mainly Europe and Asia, where it sees strong demand for sale-leaseback transactions. Additionally, W.P. Carey seeks to expand its portfolio by acquiring high-quality properties in strategic locations. This growth strategy allows W.P. Carey to diversify its revenue streams and capture opportunities in emerging markets.

The company actively explores new sectors and property types that align with evolving market trends. In addition to organic growth, W.P. Carey is open to strategic acquisitions and partnerships that complement its existing portfolio and enhance shareholder value. By leveraging its strong balance sheet and access to capital, the company has the financial flexibility to pursue attractive investment opportunities.

While W.P. Carey has demonstrated resilience in economic downturns and market volatility, the company faces certain risks and challenges that could impact its performance. Changes in interest rates, for example, can affect borrowing costs and investor sentiment towards REITs. Higher interest rates may increase the cost of financing acquisitions and potentially impact property valuations.

Moreover, shifts in consumer preferences and technological advancements could disrupt traditional brick-and-mortar retail, impacting the demand for specific commercial properties. W.P. Carey mitigates this risk by focusing on well-located properties with diverse tenant bases and actively monitoring market trends to adapt its investment strategies accordingly.

Regulatory and political factors also pose risks to W.P. Carey's operations. Changes in tax laws, zoning regulations, or government policies related to real estate can impact the profitability and growth prospects of the company. W.P. Carey closely monitors regulatory developments and engages with policymakers to ensure compliance and protect its interests.

WPC Stock Price History

WPC Stock News Headlines

W. P. Carey Target of Unusually High Options Trading (NYSE:WPC)
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Why W.P Carey and Clearway Energy Stocks Are Soaring Today
W. P. Carey: What Happens After Stock Decline
12 Best Dividend Stocks Paying Over 6%
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
W. P. Carey: Deep Value Despite Dividend Reset
W. P. Carey May Go Even Lower
12 Cheap High Dividend Stocks To Buy Right Now
W. P. Carey: Great Value Even After Dividend Cut
W.P. Carey Absolutely Clobbers Investors
The W.P. Carey Inc (WPC) Company: A Short SWOT Analysis
See More Headlines
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Company Calendar

Last Earnings
7/28/2023
Ex-Dividend for 10/16 Dividend
9/28/2023
Dividend Payable
10/16/2023
Today
12/05/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/09/2024

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Employees
193
Year Founded
1973

Price Target and Rating

Average Stock Price Target
$66.60
High Stock Price Target
$80.00
Low Stock Price Target
$54.00
Potential Upside/Downside
+2.7%
Consensus Rating
Hold
Rating Score (0-4)
2.09
Research Coverage
10 Analysts

Profitability

Net Income
$599.14 million
Pretax Margin
46.78%

Debt

Sales & Book Value

Annual Sales
$1.48 billion
Cash Flow
$5.86 per share
Book Value
$43.30 per share

Miscellaneous

Free Float
216,245,000
Market Cap
$14.19 billion
Optionable
Optionable
Beta
0.88

Social Links

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Key Executives

  • Mr. Jason E. Fox (Age 50)
    CEO & Director
    Comp: $2.93M
  • Mr. John J. Park (Age 59)
    President
    Comp: $1.98M
  • Ms. Toni Ann Sanzone CPA (Age 46)
    MD & CFO
    Comp: $1.63M
  • Mr. Gino M. Sabatini (Age 54)
    MD & Head of Investments
    Comp: $1.89M
  • Mr. Brooks G. Gordon (Age 39)
    MD & Head of Asset Management
    Comp: $1.23M
  • Mr. John D. Miller (Age 78)
    Chief Investment Officer & MD
    Comp: $745k
  • Mr. Brian Zander
    Controller & Chief Accounting Officer
  • Ms. Susan C Hyde (Age 54)
    Managing Director, Chief Administrative Officer, Chief Ethics Officer & Corporate Secretary
  • Mr. Peter Sands
    Executive Director & Head of Investor Relations
  • Ms. Reshma Ballie McGowan
    Chief Compliance Officer & Managing Director














WPC Stock Analysis - Frequently Asked Questions

Should I buy or sell W. P. Carey stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for W. P. Carey in the last twelve months. There are currently 2 sell ratings, 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" WPC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WPC, but not buy additional shares or sell existing shares.
View WPC analyst ratings
or view top-rated stocks.

What is W. P. Carey's stock price target for 2024?

10 brokers have issued 1-year target prices for W. P. Carey's stock. Their WPC share price targets range from $54.00 to $80.00. On average, they expect the company's stock price to reach $66.60 in the next year. This suggests a possible upside of 2.7% from the stock's current price.
View analysts price targets for WPC
or view top-rated stocks among Wall Street analysts.

How have WPC shares performed in 2023?

W. P. Carey's stock was trading at $78.15 at the beginning of 2023. Since then, WPC shares have decreased by 17.0% and is now trading at $64.87.
View the best growth stocks for 2023 here
.

Are investors shorting W. P. Carey?

W. P. Carey saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 3,440,000 shares, an increase of 24.6% from the October 31st total of 2,760,000 shares. Based on an average daily trading volume, of 1,570,000 shares, the short-interest ratio is presently 2.2 days.
View W. P. Carey's Short Interest
.

When is W. P. Carey's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, February 9th 2024.
View our WPC earnings forecast
.

How were W. P. Carey's earnings last quarter?

W. P. Carey Inc. (NYSE:WPC) announced its earnings results on Friday, July, 28th. The real estate investment trust reported $0.67 EPS for the quarter, missing analysts' consensus estimates of $1.29 by $0.62. The real estate investment trust earned $452.60 million during the quarter, compared to analysts' expectations of $430.48 million. W. P. Carey had a trailing twelve-month return on equity of 8.43% and a net margin of 44.67%. The company's quarterly revenue was up 31.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.31 earnings per share.

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 Thursday, September 14th. Stockholders of record on Friday, September 29th will be paid a dividend of $1.071 per share on Monday, October 16th. This represents a $4.28 dividend on an annualized basis and a yield of 6.60%. The ex-dividend date is Thursday, September 28th. This is an increase from the stock's previous quarterly dividend of $1.07.
Read our dividend analysis for WPC
.

Is W. P. Carey a good dividend stock?

W. P. Carey (NYSE:WPC) pays an annual dividend of $4.28 per share and currently has a dividend yield of 6.76%. WPC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 27 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 117.58%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, WPC will have a dividend payout ratio of 96.18% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for WPC.

What guidance has W. P. Carey issued on next quarter's earnings?

W. P. Carey updated its FY 2024 earnings guidance on Friday, November, 3rd. The company provided earnings per share guidance of $4.60-$4.80 for the period, compared to the consensus earnings per share estimate of $4.88. The company issued revenue guidance of -.

What is Jason Fox's approval rating as W. P. Carey's CEO?

10 employees have rated W. P. Carey Chief Executive Officer Jason Fox on Glassdoor.com. Jason Fox has an approval rating of 80% among the company's employees. 48.0% of employees surveyed would recommend working at W. P. Carey to a friend.

What other stocks do shareholders of W. P. Carey own?

Based on aggregate information from My MarketBeat watchlists, some companies that other W. P. Carey investors own include AT&T (T), Verizon Communications (VZ), AbbVie (ABBV), Cisco Systems (CSCO), Pfizer (PFE), Johnson & Johnson (JNJ), Realty Income (O), Exxon Mobil (XOM), Intel (INTC) and Enterprise Products Partners (EPD).

Who are W. P. Carey's major shareholders?

W. P. Carey's stock is owned by a number of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (2.45%), Legal & General Group Plc (1.30%), Daiwa Securities Group Inc. (1.18%), Charles Schwab Investment Management Inc. (1.07%), Massachusetts Financial Services Co. MA (1.05%) and PGGM Investments (0.96%). Insiders that own company stock include Brian H Zander and Mark A Alexander.
View institutional ownership trends
.

How do I buy shares of W. P. Carey?

Shares of WPC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:WPC) was last updated on 12/5/2023 by MarketBeat.com Staff

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