NYSE:WPCWP Carey Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding WP Carey Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $66.65 +0.01 (+0.02 %) (As of 06/5/2020 04:00 PM ET) Add Compare Share Today's Range$64.58Now: $66.65▼$66.7750-Day Range$54.63MA: $61.16▼$67.9252-Week Range$38.62Now: $66.65▼$93.62Volume1.04 million shsAverage Volume1.08 million shsMarket Capitalization$11.48 billionP/E Ratio38.09Dividend Yield6.24%Beta0.75 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 1.3 Analyst's Opinion Consensus RatingWP Carey has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $68.00, WP Carey has a potential upside of 2.0% from its current price of $66.65.Amount of Analyst CoverageWP Carey has only been the subject of 2 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesWP Carey has received 298 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWP Carey has received 372 “underperform” votes. (Add your “underperform” vote.)Community SentimentWP Carey has received 55.52% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipWP Carey is a leading dividend payer. It pays a dividend yield of 6.24%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWP Carey has been increasing its dividend for 19 years.Dividend CoverageThe dividend payout ratio of WP Carey is 83.20 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, WP Carey will have a dividend payout ratio of 90.63 % in the coming year. This indicates that WP Carey may not be able to sustain their current dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, WP Carey insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,003,248.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.09% of the stock of WP Carey is held by insiders.Percentage Held by Institutions58.96% of the stock of WP Carey is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for WP Carey are expected to grow by 8.25% in the coming year, from $4.24 to $4.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of WP Carey is 38.09, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.19.Price to Earnings Ratio vs. SectorThe P/E ratio of WP Carey is 38.09, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 16.32.Price to Earnings Growth RatioWP Carey has a PEG Ratio of 1.80. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioWP Carey has a P/B Ratio of 1.65. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.3Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.28 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:WPC Previous Symbol CUSIPN/A CIK1025378 Webwww.wpcarey.com Phone212-492-1100Debt Debt-to-Equity Ratio0.89 Current Ratio0.40 Quick Ratio0.40Price-To-Earnings Trailing P/E Ratio38.09 Forward P/E Ratio15.72 P/E Growth1.8 Sales & Book Value Annual Sales$1.23 billion Price / Sales9.31 Cash Flow$4.93 per share Price / Cash Flow13.51 Book Value$40.33 per share Price / Book1.65Profitability EPS (Most Recent Fiscal Year)$5.00 Net Income$305.24 million Net Margins24.64% Return on Equity4.38% Return on Assets2.15%Miscellaneous Employees206 Outstanding Shares172,280,000Market Cap$11.48 billion Next Earnings Date8/7/2020 (Estimated) OptionableOptionable WPC Rates by TradingView Receive WPC News and Ratings via Email Sign-up to receive the latest news and ratings for WPC and its competitors with MarketBeat's FREE daily newsletter. 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 COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WPC stock has decreased by 12.3% and is now trading at $66.65. 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) posted its quarterly earnings data on Friday, May, 1st. The real estate investment trust reported $1.25 earnings per share (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 net margin of 24.64% and a return on equity of 4.38%. The company's revenue for the quarter was down 1.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.41 EPS. 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. Stockholders of record on Tuesday, March 31st will be paid a dividend of $1.04 per share on Wednesday, April 15th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 6.24%. The ex-dividend date is Monday, March 30th. This is a positive change 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 analysts have issued twelve-month target prices 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 2.0% from the stock's current price. View analysts' price targets for WP Carey. Has WP Carey been receiving favorable news coverage? Media headlines about WPC stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. WP Carey earned a news impact score of -2.7 on InfoTrie's scale. They also gave news coverage 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 effect on the stock's share price in the next few 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 trading volume of 1,080,000 shares, the short-interest ratio is presently 2.0 days. Currently, 1.3% of the shares of the stock are short sold. View WP Carey's Current Options Chain. Who are some of WP Carey's key competitors? Some companies that are related to WP Carey include DIGITAL RLTY TR/SH (DLR), Public Storage (PSA), SBA Communications (SBAC), Welltower (WELL), Simon Property Group (SPG), Equity Residential (EQR), AvalonBay Communities (AVB), Realty Income (O), Alexandria Real Estate Equities (ARE), Weyerhaeuser (WY), Essex Property Trust (ESS), Ventas (VTR), Boston Properties (BXP), Mid-America Apartment Communities (MAA) and HCP (HCP). View all 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 institutional and retail investors. Top institutional shareholders 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 $66.65. How big of a company is WP Carey? WP Carey has a market capitalization of $11.48 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 6/6/2020 by MarketBeat.com Staff
