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.
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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 Date11/1/2019 (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 declared a quarterly dividend on Thursday, June 13th. Stockholders of record on Friday, June 28th will be paid a dividend of $1.034 per share on Monday, July 15th. This represents a $4.14 dividend on an annualized basis and a dividend yield of 4.68%. The ex-dividend date of this dividend is Thursday, June 27th. This is an increase 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) released its quarterly earnings data on Friday, August, 2nd. The real estate investment trust reported $0.38 earnings per share for the quarter, missing analysts' consensus estimates of $1.23 by $0.85. The real estate investment trust earned $305.21 million during the quarter, compared to analyst estimates of $303.23 million. WP Carey had a return on equity of 6.72% and a net margin of 38.36%. During the same quarter in the prior year, the company posted $0.60 earnings per share. 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 FY 2019 earnings guidance on Friday, August, 2nd. The company provided earnings per share (EPS) guidance of $4.95-5.05 for the period.
What price target have analysts set for WPC?
5 Wall Street analysts have issued 12-month price objectives for WP Carey's shares. Their forecasts range from $73.00 to $81.00. On average, they expect WP Carey's stock price to reach $77.00 in the next year. This suggests that the stock has a possible downside of 12.8%. View Analyst Price Targets for WP Carey.
What is the consensus analysts' recommendation for WP Carey?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WP Carey in the last year. There are currently 1 sell rating 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 negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of 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 -2.9 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for WP Carey.
Who are some of WP Carey's key competitors?
Some companies that are related to WP Carey include Prologis (PLD), Simon Property Group (SPG), Equinix (EQIX), Public Storage (PSA), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), SBA Communications (SBAC), Ventas (VTR), DIGITAL RLTY TR/SH (DLR), Realty Income (O), Essex Property Trust (ESS), Weyerhaeuser (WY), Boston Properties (BXP) and Alexandria Real Estate Equities (ARE).
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 Vanguard Group Inc. (14.41%), BlackRock Inc. (8.00%), BlackRock Inc. (8.00%), JPMorgan Chase & Co. (2.79%), Commonwealth Equity Services LLC (1.16%) and Northern Trust Corp (1.08%). 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 Brookfield Asset Management Inc., Commonwealth Equity Services LLC, Renaissance Technologies LLC, DAVENPORT & Co LLC, Teachers Insurance & Annuity Association of America, BNP PARIBAS ASSET MANAGEMENT Holding S.A., Brown Advisory Inc. and Centersquare Investment Management 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 Vanguard Group Inc., JPMorgan Chase & Co., Nuveen Asset Management LLC, BlackRock Inc., BlackRock Inc., California Public Employees Retirement System, Northern Trust Corp and Great Lakes Advisors 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, Robinhood, Fidelity and Charles Schwab.
What is WP Carey's stock price today?
One share of WPC stock can currently be purchased for approximately $88.34.
How big of a company is WP Carey?
WP Carey has a market capitalization of $15.09 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.View Additional Information About WP Carey.
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.
