Celebrating its 45th anniversary, W. P. Carey ranks among the largest diversified net lease REITs with an enterprise value of approximately $17 billion and a portfolio of operationally-critical commercial real estate that includes 1,186 net lease properties covering approximately 133 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
EmployeesN/A
Next Earnings Date5/3/2019 (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, March 14th. Shareholders 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 5.39%. The ex-dividend date of this dividend is Thursday, March 28th. 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) announced its quarterly earnings data on Friday, February, 22nd. The real estate investment trust reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.03. The real estate investment trust earned $273.40 million during the quarter, compared to the consensus estimate of $283.87 million. WP Carey had a net margin of 49.68% and a return on equity of 9.81%. The company's revenue for the quarter was up 39.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.18 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 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 EPS 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?
4 analysts have issued 1 year price targets for WP Carey's shares. Their predictions range from $66.25 to $73.00. On average, they anticipate WP Carey's share price to reach $69.4167 in the next twelve months. This suggests that the stock has a possible downside of 9.3%. View Analyst Price Targets for WP Carey.
What is the consensus analysts' recommendation for WP Carey?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WP Carey in the last year. There are currently 1 sell rating and 3 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 coverage about WPC stock has been trending somewhat positive recently, InfoTrie reports. The research group scores the sentiment of media 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 negative five to five, with scores nearest to five being the most favorable. WP Carey earned a news sentiment score of 1.7 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company'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 Prologis (PLD), Public Storage (PSA), Equinix (EQIX), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), DIGITAL RLTY TR/SH (DLR), Ventas (VTR), SBA Communications (SBAC), Realty Income (O), Boston Properties (BXP), Weyerhaeuser (WY), Essex Property Trust (ESS), Alexandria Real Estate Equities (ARE) and HCP (HCP).
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 many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.92%), Commonwealth Equity Services LLC (1.58%), Dimensional Fund Advisors LP (1.16%), Massachusetts Financial Services Co. MA (1.11%), Northern Trust Corp (1.04%) and Geode Capital Management LLC (0.97%). 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 institutional investors are selling WP Carey stock?
WPC stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Martingale Asset Management L P, Chicago Equity Partners LLC, Prudential Financial Inc., Los Angeles Capital Management & Equity Research Inc., California Public Employees Retirement System, Berkshire Asset Management LLC PA and Virginia Retirement Systems ET AL. View Insider Buying and Selling for WP Carey.
Which institutional investors are buying WP Carey stock?
WPC stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Commonwealth Equity Services LLC, Norges Bank, Northern Trust Corp, Bank of New York Mellon Corp, Geode Capital Management LLC, Legal & General Group Plc and First Trust Advisors LP. 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 $76.55.
How big of a company is WP Carey?
WP Carey has a market capitalization of $12.71 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.
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.
