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NYSE:WPCWP Carey Stock Price, Forecast & News

$60.89
-0.95 (-1.54 %)
(As of 05/25/2020 04:00 PM ET)
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Today's Range
$60.26
Now: $60.89
$62.25
50-Day Range
$50.26
MA: $60.67
$70.00
52-Week Range
$38.62
Now: $60.89
$93.62
Volume609,580 shs
Average Volume930,437 shs
Market Capitalization$10.49 billion
P/E Ratio34.79
Dividend Yield6.83%
Beta0.8
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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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.48 out of 5 stars


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$1.23 billion
Cash Flow$4.93 per share
Book Value$40.33 per share

Profitability

Net Income$305.24 million

Miscellaneous

Employees206
Market Cap$10.49 billion
Next Earnings Date8/7/2020 (Estimated)
OptionableOptionable

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WP Carey (NYSE:WPC) Frequently Asked Questions

How has WP Carey's stock been impacted by COVID-19 (Coronavirus)?

WP Carey's stock was trading at $76.01 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, WPC stock has decreased by 19.9% and is now trading at $60.89. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of WP Carey?

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

When is WP Carey's next earnings date?

WP Carey is scheduled to release its next quarterly earnings announcement on Friday, August 7th 2020. View our earnings forecast for WP Carey.

How were WP Carey's earnings last quarter?

WP Carey Inc (NYSE:WPC) released its quarterly earnings data on Friday, May, 1st. The real estate investment trust reported $1.25 EPS for the quarter, topping the consensus estimate of $1.19 by $0.06. The real estate investment trust earned $294.60 million during the quarter, compared to analysts' expectations of $278.30 million. WP Carey had a return on equity of 4.38% and a net margin of 24.64%. The firm's quarterly revenue was down 1.2% on a year-over-year basis. During the same period last year, the company earned $0.41 earnings per share. View WP Carey's earnings history.

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

WP Carey announced a quarterly dividend on Thursday, March 12th. Shareholders of record on Tuesday, March 31st will be given a dividend of $1.04 per share on Wednesday, April 15th. This represents a $4.16 dividend on an annualized basis and a yield of 6.83%. The ex-dividend date of this dividend is Monday, March 30th. This is an increase from WP Carey's previous quarterly dividend of $1.04. View WP Carey's dividend history.

What price target have analysts set for WPC?

4 brokers have issued twelve-month price targets for WP Carey's stock. Their forecasts range from $52.00 to $88.00. On average, they anticipate WP Carey's stock price to reach $68.00 in the next twelve months. This suggests a possible upside of 11.7% from the stock's current price. View analysts' price targets for WP Carey.

Has WP Carey been receiving favorable news coverage?

News coverage about WPC stock has been trending very positive on Monday, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. WP Carey earned a daily sentiment score of 4.0 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news aboutWP Carey.

Are investors shorting WP Carey?

WP Carey saw a decrease in short interest in May. As of May 15th, there was short interest totaling 2,170,000 shares, a decrease of 15.6% from the April 30th total of 2,570,000 shares. Based on an average daily trading volume, of 1,080,000 shares, the short-interest ratio is currently 2.0 days. Currently, 1.3% of the shares of the stock are sold short. View WP Carey's Current Options Chain.

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), Verizon Communications (VZ), AbbVie (ABBV), Cisco Systems (CSCO), Realty Income (O), Omega Healthcare Investors (OHI), Pfizer (PFE), Ventas (VTR), Exxon Mobil (XOM) and Enterprise Products Partners (EPD).

Who are WP Carey's key executives?

WP Carey's management team includes the following 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)

What is WP Carey's stock symbol?

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

Who are WP Carey's major shareholders?

WP Carey's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (8.62%), State Street Corp (3.80%), JPMorgan Chase & Co. (2.10%), Massachusetts Financial Services Co. MA (1.51%), Legal & General Group Plc (1.24%) and Geode Capital Management LLC (1.16%). Company insiders that own WP Carey stock include Arjun Mahalingam, Christopher Niehaus, Jason E Fox, Jean Hoysradt, Mark A Alexander and Robert J Flanagan. View institutional ownership trends for WP Carey.

Which institutional investors are selling WP Carey stock?

WPC stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Nuveen Asset Management LLC, BlackRock Inc., APG Asset Management N.V., UBS Group AG, Deutsche Bank AG, SG Americas Securities LLC, and Northstar Investment Advisors LLC. View insider buying and selling activity for WP Carey.

Which institutional investors are buying WP Carey stock?

WPC stock was bought by a variety of institutional investors in the last quarter, including PGGM Investments, Advisor Group Holdings Inc., Unigestion Holding SA, APG Asset Management N.V., APG Asset Management N.V., Massachusetts Financial Services Co. MA, Swiss National Bank, and Cbre Clarion Securities LLC. Company insiders that have bought WP Carey stock in the last two years include Arjun Mahalingam, Christopher Niehaus, Jason E Fox, Jean Hoysradt, Mark A Alexander, and Robert J Flanagan. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is WP Carey's stock price today?

One share of WPC stock can currently be purchased for approximately $60.89.

How big of a company is WP Carey?

WP Carey has a market capitalization of $10.49 billion and generates $1.23 billion in revenue each year. The real estate investment trust earns $305.24 million in net income (profit) each year or $5.00 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 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]

This page was last updated on 5/25/2020 by MarketBeat.com Staff

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