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.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Phone212-492-1100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$885.73 million
Profitability
Miscellaneous
Employees206
Next Earnings Date8/2/2019 (Estimated)
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 announced a quarterly dividend on Thursday, March 14th. Stockholders of record on Friday, March 29th will be paid a dividend of $1.032 per share on Monday, April 15th. This represents a $4.13 annualized dividend and a dividend yield of 4.98%. 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) posted its quarterly earnings results on Friday, May, 3rd. The real estate investment trust reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.01. The real estate investment trust had revenue of $298.30 million for the quarter, compared to analyst estimates of $304.42 million. WP Carey had a return on equity of 8.12% and a net margin of 44.84%. The firm's quarterly revenue was up 47.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.72 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 updated its FY19 earnings guidance on Friday, May, 3rd. The company provided earnings per share (EPS) guidance of $4.95-5.15 for the period, compared to the Thomson Reuters consensus estimate of $4.65. WP Carey also updated its FY 2019 guidance to $4.95-5.15 EPS.
What price target have analysts set for WPC?
6 analysts have issued twelve-month target prices for WP Carey's stock. Their forecasts range from $66.25 to $77.00. On average, they expect WP Carey's share price to reach $71.3125 in the next twelve months. This suggests that the stock has a possible downside of 14.0%. 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?
News stories about WPC stock have trended somewhat negative on Thursday, InfoTrie reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. 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 media sentiment score of -1.7 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.
Who are some of WP Carey's key competitors?
Some companies that are related to WP Carey include Simon Property Group (SPG), CROWN CASTLE IN/SH SH (CCI), Prologis (PLD), Public Storage (PSA), Equinix (EQIX), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), DIGITAL RLTY TR/SH (DLR), SBA Communications (SBAC), Ventas (VTR), Realty Income (O), Boston Properties (BXP), Essex Property Trust (ESS) and Weyerhaeuser (WY).
What other stocks do shareholders of WP Carey own?
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 a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.83%), JPMorgan Chase & Co. (2.32%), Dimensional Fund Advisors LP (1.28%), Commonwealth Equity Services LLC (1.27%), Centersquare Investment Management LLC (1.11%) and Northern Trust Corp (0.99%). 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 Centersquare Investment Management LLC, FMR LLC, Commonwealth Equity Services LLC, Wells Fargo & Company MN, DAVENPORT & Co LLC, Charles Schwab Investment Management Inc., Teachers Insurance & Annuity Association of America and Amundi Pioneer Asset Management Inc.. View Insider Buying and Selling for WP Carey.
Which major investors are buying WP Carey stock?
WPC stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., California Public Employees Retirement System, BlackRock Inc., Janus Henderson Group PLC, Dimensional Fund Advisors LP, Teacher Retirement System of Texas, Goldman Sachs Group Inc. and Sumitomo Mitsui Asset Management Company LTD. 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 $82.93.
How big of a company is WP Carey?
WP Carey has a market capitalization of $14.13 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?
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)
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.
