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
Stock Exchange NYSE
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 Ratio12.46
Forward P/E Ratio13.10
P/E Growth3.64
Sales & Book Value
Annual Sales$848.30 million
Price / Sales8.32
Cash Flow$5.5902 per share
Price / Cash11.81
Book Value$31.91 per share
Price / Book2.07
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
Market Cap$7,011.45
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 paid a dividend of $1.02 per share on Monday, July 16th. This represents a $4.08 annualized dividend and a yield of 6.18%. The ex-dividend date of this dividend is Thursday, June 28th. This is a boost 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 data on Friday, May, 4th. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.53 by $0.07. The real estate investment trust earned $201.81 million during the quarter, compared to analyst estimates of $212.23 million. WP Carey had a return on equity of 8.33% and a net margin of 38.04%. The firm's revenue was down 7.9% on a year-over-year basis. During the same quarter last year, the business posted $1.25 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 updated 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 EPS estimate of $5.37.
What price target have analysts set for WPC?
5 equities research analysts have issued 1 year price objectives for WP Carey's stock. Their forecasts range from $69.00 to $77.00. On average, they anticipate WP Carey's share price to reach $73.00 in the next twelve months. This suggests a possible upside of 10.6% from the stock's current price. View Analyst Ratings 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, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
Who are some of WP Carey's key competitors?
Some companies that are related to WP Carey include Weyerhaeuser (WY), DIGITAL Rlty Tr/SH SH (DLR), AvalonBay Communities (AVB), Equity Residential (EQR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), Ventas (VTR), GGP (GGP), Boston Properties (BXP), SBA Communications (SBAC), Host Hotels and Resorts (HST), Realty Income (O), Essex Property Trust (ESS), 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?
Headlines about WPC stock have trended somewhat positive on Friday, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. WP Carey earned a media sentiment score of 0.02 on Accern's scale. They also gave news headlines about the real estate investment trust an impact score of 45.38 out of 100, indicating that recent press 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 DAVENPORT & Co LLC (1.00%), Berkshire Asset Management LLC PA (0.32%), Northstar Investment Advisors LLC (0.14%), Cornerstone Wealth Management LLC (0.06%), State of Alaska Department of Revenue (0.05%) and Bank of Montreal Can (0.04%). 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 institutional investors are selling WP Carey stock?
WPC stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, GWM Advisors LLC, Spirit of America Management Corp NY, DAVENPORT & Co LLC, Fisher Asset Management LLC and Winslow Evans & Crocker Inc.. View Insider Buying and Selling for WP Carey.
Which institutional investors are buying WP Carey stock?
WPC stock was purchased by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, Bank of Montreal Can, Berkshire Asset Management LLC PA, Legacy Financial Advisors Inc., Krueger & Catalano Capital Partners LLC, Fox Run Management L.L.C., Marshwinds Advisory Co. and Creative Planning. 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 $66.02.
How big of a company is WP Carey?
WP Carey has a market capitalization of $7.01 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 (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.
