NYSE:WPC - WP Carey Stock Price, Forecast & News

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

WP Carey announced a quarterly dividend on Wednesday, September 18th. Investors of record on Monday, September 30th will be paid a dividend of $1.036 per share on Tuesday, October 15th. This represents a $4.14 dividend on an annualized basis and a yield of 5.07%. The ex-dividend date of this dividend is Friday, September 27th. This is an increase from WP Carey's previous quarterly dividend of $1.03. View WP Carey's Dividend History.

WP Carey Inc (NYSE:WPC) posted its quarterly earnings results on Friday, November, 1st. The real estate investment trust reported $0.24 earnings per share for the quarter, missing analysts' consensus estimates of $1.15 by $0.91. The real estate investment trust had revenue of $318.01 million for the quarter, compared to analysts' expectations of $317.44 million. WP Carey had a return on equity of 5.31% and a net margin of 30.89%. WP Carey's quarterly revenue was up 51.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.70 EPS. View WP Carey's Earnings History.

WP Carey is scheduled to release their next quarterly earnings announcement on Friday, February 28th 2020. View Earnings Estimates for WP Carey.

WP Carey issued an update on its FY19 earnings guidance on Friday, November, 1st. The company provided earnings per share (EPS) guidance of $4.95-5.01 for the period, compared to the Thomson Reuters consensus estimate of $4.97.

6 analysts have issued 1 year target prices for WP Carey's shares. Their forecasts range from $73.00 to $88.00. On average, they expect WP Carey's stock price to reach $79.75 in the next year. This suggests that the stock has a possible downside of 2.5%. View Analyst Price Targets for WP Carey.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WP Carey in the last year. There are currently 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for WP Carey.

Media headlines about WPC stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. WP Carey earned a news impact score of 1.3 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for WP Carey.

WP Carey saw a drop in short interest in the month of November. As of November 15th, there was short interest totalling 2,660,000 shares, a drop of 15.8% from the October 31st total of 3,160,000 shares. Based on an average trading volume of 642,100 shares, the days-to-cover ratio is presently 4.1 days. Approximately 1.6% of the shares of the stock are sold short. View WP Carey's Current Options Chain.

Some companies that are related to WP Carey include CROWN CASTLE IN/SH SH (CCI), Simon Property Group (SPG), Equinix (EQIX), Public Storage (PSA), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), SBA Communications (SBAC), Realty Income (O), DIGITAL RLTY TR/SH (DLR), Weyerhaeuser (WY), Boston Properties (BXP), Ventas (VTR), Essex Property Trust (ESS) and Alexandria Real Estate Equities (ARE).

Based on aggregate information from My MarketBeat watchlists, some companies that other WP Carey investors own include AT&T (T), Verizon Communications (VZ), Omega Healthcare Investors (OHI), Realty Income (O), Ventas (VTR), AbbVie (ABBV), Cisco Systems (CSCO), Enterprise Products Partners (EPD), Johnson & Johnson (JNJ) and EPR Properties (EPR).

WP Carey's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (4.23%), PGGM Investments (1.52%), Massachusetts Financial Services Co. MA (1.33%), Commonwealth Equity Services LLC (1.10%), California Public Employees Retirement System (0.79%) and Sumitomo Mitsui Trust Holdings Inc. (0.50%). Company insiders that own WP Carey stock include Arjun Mahalingam, Christopher Niehaus, Jean Hoysradt and Peter Farrell. View Institutional Ownership Trends for WP Carey.

WPC stock was sold by a variety of institutional investors in the last quarter, including Teacher Retirement System of Texas, Commonwealth Equity Services LLC, Parametric Portfolio Associates LLC, Boston Advisors LLC, Berkshire Asset Management LLC PA, BB&T Securities LLC, Robeco Institutional Asset Management B.V. and State of Alaska Department of Revenue. View Insider Buying and Selling for WP Carey.

WPC stock was acquired by a variety of institutional investors in the last quarter, including PGGM Investments, State Street Corp, Unigestion Holding SA, California Public Employees Retirement System, State of New Jersey Common Pension Fund D, Green Street Investors LLC, Millennium Management LLC and New England Investment & Retirement Group Inc.. Company insiders that have bought WP Carey stock in the last two years include Christopher Niehaus, Jean Hoysradt and Peter Farrell. View Insider Buying and Selling for WP Carey.

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

One share of WPC stock can currently be purchased for approximately $81.80.

WP Carey has a market capitalization of $14.09 billion and generates $885.73 million in revenue each year. The real estate investment trust earns $411.57 million in net income (profit) each year or $5.39 on an earnings per share basis. WP Carey employs 206 workers across the globe.View Additional Information About WP Carey.

The official website for WP Carey is http://www.wpcarey.com/.

WP Carey's mailing address is 50 ROCKEFELLER PLAZA, NEW YORK NY, 10020. The real estate investment trust can be reached via phone at 212-492-1100 or via email at [email protected]