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

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$77.21 +0.88 (+1.15 %)
(As of 04/24/2019 06:40 AM ET)
Previous Close$76.33
Today's Range$76.25 - $77.39
52-Week Range$61.15 - $79.75
Volume592,900 shs
Average Volume1.00 million shs
Market Capitalization$13.12 billion
P/E Ratio14.32
Dividend Yield5.41%
Beta0.61
W. P. Carey ranks among the largest net lease REITs with an enterprise value of approximately $17 billion and a diversified portfolio of operationally-critical commercial real estate that includes 1,163 net lease properties covering approximately 131 million square feet. For over four decades, the company has invested in high-quality single-tenant industrial, warehouse, office and retail properties subject to long-term leases with built-in rent escalators. Its portfolio is located primarily in the U.S. and Northern and Western Europe and is well-diversified by tenant, property type, geographic location and tenant industry.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone212-492-1100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$885.73 million
Cash Flow$4.7543 per share
Book Value$42.41 per share

Profitability

Net Income$411.57 million

Miscellaneous

Employees206
Market Cap$13.12 billion
Next Earnings Date5/3/2019 (Confirmed)
OptionableOptionable

WP Carey (NYSE:WPC) Frequently Asked Questions

What is WP Carey's stock symbol?

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

How often does WP Carey pay dividends? What is the dividend yield for WP Carey?

WP Carey declared a quarterly dividend on Thursday, March 14th. Investors of record on Friday, March 29th will be given a dividend of $1.032 per share on Monday, April 15th. This represents a $4.13 annualized dividend and a yield of 5.35%. The ex-dividend date of this dividend is Thursday, March 28th. This is a positive change from WP Carey's previous quarterly dividend of $1.03. View WP Carey's Dividend History.

How were WP Carey's earnings last quarter?

WP Carey Inc (NYSE:WPC) announced its quarterly earnings results on Friday, February, 22nd. The real estate investment trust reported $1.33 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.30 by $0.03. The real estate investment trust earned $273.40 million during the quarter, compared to analyst estimates of $283.87 million. WP Carey had a net margin of 49.68% and a return on equity of 9.81%. The firm's revenue was up 39.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.18 earnings per share. View WP Carey's Earnings History.

When is WP Carey's next earnings date?

WP Carey is scheduled to release their next quarterly earnings announcement on Friday, May 3rd 2019. View Earnings Estimates for WP Carey.

How can I listen to WP Carey's earnings call?

WP Carey will be holding an earnings conference call on Friday, May 3rd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8774651289.

What guidance has WP Carey issued on next quarter's earnings?

WP Carey issued an update on its FY19 earnings guidance on Friday, February, 22nd. The company provided earnings per share guidance of $4.95-5.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.71. WP Carey also updated its FY 2019 guidance to $4.95-5.15 EPS.

What price target have analysts set for WPC?

6 equities research analysts have issued 12 month price targets for WP Carey's shares. Their forecasts range from $66.25 to $78.00. On average, they expect WP Carey's share price to reach $71.5625 in the next year. This suggests that the stock has a possible downside of 7.3%. View Analyst Price Targets for WP Carey.

What is the consensus analysts' recommendation for WP Carey?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WP Carey in the last year. There are currently 2 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for WP Carey.

Has WP Carey been receiving favorable news coverage?

Media stories about WPC stock have been trending somewhat positive on Wednesday, InfoTrie reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. WP Carey earned a coverage optimism score of 1.6 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the near term.

Who are some of WP Carey's key competitors?

What other stocks do shareholders of WP Carey own?

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

Who are WP Carey's key executives?

WP Carey's management team includes the folowing people:
  • Mr. Jason E. Fox, CEO & Director (Age 46)
  • Mr. John J. Park, Pres (Age 55)
  • Ms. ToniAnn Sanzone CPA, MD & CFO (Age 42)
  • Mr. John D. Miller, Chief Investment Officer & MD (Age 74)
  • Mr. Gino M. Sabatini, MD & Head of Investments (Age 50)

Who are WP Carey's major shareholders?

WP Carey's stock is owned by many different of retail and institutional investors. Top institutional shareholders include DAVENPORT & Co LLC (0.50%), Berkshire Asset Management LLC PA (0.18%), Strs Ohio (0.14%), Northstar Investment Advisors LLC (0.08%), Pennsylvania Trust Co (0.07%) and Denali Advisors LLC (0.07%). Company insiders that own WP Carey stock include Arjun Mahalingam, Christopher Niehaus, Jean Hoysradt and Peter Farrell. View Institutional Ownership Trends for WP Carey.

Which major investors are selling WP Carey stock?

WPC stock was sold by a variety of institutional investors in the last quarter, including DAVENPORT & Co LLC, Denali Advisors LLC, Denali Advisors LLC, CWM LLC, Gradient Capital Advisors LLC, Northstar Investment Advisors LLC, Presima Inc. and Inspirion Wealth Advisors LLC. View Insider Buying and Selling for WP Carey.

Which major investors are buying WP Carey stock?

WPC stock was purchased by a variety of institutional investors in the last quarter, including Pennsylvania Trust Co, Boston Advisors LLC, Mercer Global Advisors Inc. ADV, State of Alaska Department of Revenue, Nisa Investment Advisors LLC, Mercer Global Advisors Inc. ADV, TPG Financial Advisors LLC and Oakbrook Investments LLC. 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.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is WP Carey's stock price today?

One share of WPC stock can currently be purchased for approximately $77.21.

How big of a company is WP Carey?

WP Carey has a market capitalization of $13.12 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.

What is WP Carey's official website?

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

How can I contact WP Carey?

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]


MarketBeat Community Rating for WP Carey (NYSE WPC)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  220 (Vote Outperform)
Underperform Votes:  266 (Vote Underperform)
Total Votes:  486
MarketBeat's community ratings are surveys of what our community members think about WP Carey and other stocks. Vote "Outperform" if you believe WPC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WPC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/24/2019 by MarketBeat.com Staff

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