W. P. Carey - WPC Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for W. P. Carey in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WPC shares.
View WPC analyst ratings or view top-rated stocks.

5 brokerages have issued 12 month target prices for W. P. Carey's stock. Their WPC share price forecasts range from $85.00 to $88.00. On average, they predict the company's share price to reach $86.80 in the next year. This suggests a possible upside of 12.8% from the stock's current price.
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W. P. Carey's stock was trading at $78.15 on January 1st, 2023. Since then, WPC stock has decreased by 1.5% and is now trading at $76.95.
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The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023.
View our WPC earnings forecast.

W. P. Carey Inc. (NYSE:WPC) issued its quarterly earnings results on Friday, April, 29th. The real estate investment trust reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.39. The real estate investment trust earned $344.10 million during the quarter, compared to the consensus estimate of $340.96 million. W. P. Carey had a trailing twelve-month return on equity of 7.23% and a net margin of 40.51%. The company's quarterly revenue was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.22 EPS.

W. P. Carey announced a quarterly dividend on Thursday, March 9th. Investors of record on Friday, March 31st will be paid a dividend of $1.067 per share on Friday, April 14th. This represents a $4.27 dividend on an annualized basis and a yield of 5.55%. The ex-dividend date of this dividend is Thursday, March 30th. This is an increase from the stock's previous quarterly dividend of $1.07.
Read our dividend analysis for WPC.

ETFs with the largest weight of W. P. Carey (NYSE:WPC) stock in their portfolio include NETLease Corporate Real Estate ETF (NETL), JPMorgan Realty Income ETF (JPRE), FlexShares Global Quality Real Estate Index Fund (GQRE), ALPS Active REIT ETF (REIT), U.S. Diversified Real Estate ETF (PPTY), SPDR Dow Jones REIT ETF (RWR), JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) and iShares Core U.S. REIT ETF (USRT).

W. P. Carey (NYSE:WPC) pays an annual dividend of $4.26 per share and currently has a dividend yield of 5.51%. 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 26 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 142.47%. 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 79.04% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for WPC.

W. P. Carey updated its FY 2023 earnings guidance on Friday, February, 10th. The company provided earnings per share guidance of $5.30-$5.40 for the period, compared to the consensus EPS estimate of $5.21. The company issued revenue guidance of -.

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.

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).

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

W. P. Carey's stock is owned by a variety of institutional and retail investors. Top institutional investors include Moneta Group Investment Advisors LLC (2.22%), JPMorgan Chase & Co. (2.16%), Geode Capital Management LLC (1.67%), Dimensional Fund Advisors LP (1.32%), Deutsche Bank AG (1.28%) and Legal & General Group Plc (1.23%). Insiders that own company stock include Brian H Zander and Mark A Alexander.
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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.
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One share of WPC stock can currently be purchased for approximately $76.95.

W. P. Carey (NYSE:WPC) has a market capitalization of $16.21 billion and generates $1.48 billion in revenue each year. The real estate investment trust earns $599.14 million in net income (profit) each year or $2.99 on an earnings per share basis.

The company employs 183 workers across the globe.

W. P. Carey's mailing address is 50 ROCKEFELLER PLAZA, NEW YORK NY, 10020. The official website for the company is www.wpcarey.com. The real estate investment trust can be reached via phone at (212) 492-1100, via email at ir@wpcarey.com, or via fax at 212-492-8922.