Celebrating its 45th anniversary, W. P. Carey Inc. is a leading internally-managed net lease REIT that provides long-term sale-leaseback and build-to-suit financing solutions primarily for companies in the U.S. and Europe. At December 31, 2017, the Company had an enterprise value of approximately $11.5 billion. In addition to its owned portfolio of diversified global real estate, W. P. Carey manages a series of investment programs. Its corporate finance-focused credit and real estate underwriting process is a constant that has been successfully leveraged across a wide variety of industries and property types. Furthermore, its portfolio of long-term leases with creditworthy tenants has an established history of generating stable cash flows, enabling it to deliver consistent and rising dividend income to investors for over four decades. www.wpcarey.com.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:WPC
CUSIPN/A
Phone212-492-1100
Debt
Debt-to-Equity Ratio1.22
Current Ratio0.33
Quick Ratio0.33
Price-To-Earnings
Trailing P/E Ratio12.43
Forward P/E Ratio13.61
P/E Growth3.87
Sales & Book Value
Annual Sales$848.30 million
Price / Sales8.30
Cash Flow$5.4565 per share
Price / Cash12.07
Book Value$31.91 per share
Price / Book2.06
Profitability
EPS (Most Recent Fiscal Year)$5.30
Net Income$277.28 million
Net Margins38.04%
Return on Equity8.33%
Return on Assets3.44%
Miscellaneous
Employees207
Outstanding Shares106,930,000
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 announced a quarterly dividend on Thursday, June 14th. Shareholders of record on Friday, June 29th will be given a dividend of $1.02 per share on Monday, July 16th. This represents a $4.08 dividend on an annualized basis and a yield of 6.19%. The ex-dividend date is Thursday, June 28th. This is an increase from WP Carey's previous quarterly dividend of $1.02. View WP Carey's Dividend History.
How were WP Carey's earnings last quarter?
WP Carey Inc (NYSE:WPC) posted its quarterly earnings results on Friday, May, 4th. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.53 by $0.07. The real estate investment trust had revenue of $201.81 million for the quarter, compared to the consensus estimate of $212.23 million. WP Carey had a net margin of 38.04% and a return on equity of 8.33%. The company's revenue for the quarter was down 7.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.25 EPS. View WP Carey's Earnings History.
When is WP Carey's next earnings date?
What guidance has WP Carey issued on next quarter's earnings?
WP Carey issued an update on its FY18 earnings guidance on Friday, May, 4th. The company provided EPS guidance of $5.30-5.50 for the period, compared to the Thomson Reuters consensus estimate of $5.37.
What price target have analysts set for WPC?
5 brokers have issued 1 year target prices for WP Carey's stock. Their predictions range from $69.00 to $77.00. On average, they anticipate WP Carey's share price to reach $73.00 in the next year. View Analyst Ratings for WP Carey.
Who are some of WP Carey's key competitors?
Some companies that are related to WP Carey include Weyerhaeuser (WY), AvalonBay Communities (AVB), Equity Residential (EQR), DIGITAL Rlty Tr/SH SH (DLR), UNIBAIL-RODAMCO/ADR (UNRDY), Welltower (WELL), GGP (GGP), Ventas (VTR), Boston Properties (BXP), SBA Communications (SBAC), Host Hotels and Resorts (HST), Essex Property Trust (ESS), Realty Income (O), Vornado Realty Trust (VNO) and Alexandria Real Estate Equities (ARE).
Who are WP Carey's key executives?
WP Carey's management team includes the folowing people:
- Mr. Jason E. Fox, CEO & Director (Age 45)
- Mr. John J. Park, Pres (Age 54)
- Ms. ToniAnn Sanzone CPA, MD & CFO (Age 41)
- Mr. John D. Miller, Chief Investment Officer & MD (Age 73)
- Mr. Gino M. Sabatini, MD & Head of Investments (Age 49)
Has WP Carey been receiving favorable news coverage?
Press coverage about WPC stock has trended somewhat positive recently, according to Accern Sentiment. The research firm scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. WP Carey earned a media sentiment score of 0.14 on Accern's scale. They also gave media stories about the real estate investment trust an impact score of 46.96 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.
Who are WP Carey's major shareholders?
WP Carey's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.64%), Dimensional Fund Advisors LP (1.44%), UBS Group AG (1.42%), Royal Bank of Canada (1.10%), Northern Trust Corp (1.06%) and American Century Companies Inc. (0.47%). Company insiders that own WP Carey stock include Arjun Mahalingam, Christopher Niehaus, Mark A Alexander, Mark M Goldberg, Mary M Vandeweghe, Nathaniel S Coolidge 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 American Century Companies Inc., BlackRock Inc., Neuberger Berman Group LLC, Aperio Group LLC, Bahl & Gaynor Inc., IFP Advisors Inc, Teacher Retirement System of Texas and Private Harbour Investment Management & Counsel LLC. View Insider Buying and Selling for WP Carey.
Which major investors are buying WP Carey stock?
WPC stock was acquired by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Mackay Shields LLC, Chicago Equity Partners LLC, Envestnet Asset Management Inc., Advisors Capital Management LLC, Northern Trust Corp, Millennium Management LLC and Dimensional Fund Advisors LP. Company insiders that have bought WP Carey stock in the last two years include Christopher Niehaus, Mark A Alexander, Mary M Vandeweghe 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 $65.86.
How big of a company is WP Carey?
WP Carey has a market capitalization of $7.17 billion and generates $848.30 million in revenue each year. The real estate investment trust earns $277.28 million in net income (profit) each year or $5.30 on an earnings per share basis. WP Carey employs 207 workers across the globe.
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 (WPC)
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.
