W.P. Carey, Inc. is a real estate investment trust. It operates through two segment: Real Estate Ownership and Investment Management. The Real Estate Ownership segment owns and invests in commercial real estate properties. The Investment Management segment structures and negotiates investments and debt placement transactions for the real estate investment trusts, and manages portfolios of real estate investments. The company was founded by William Polk Carey in 1973 and is headquartered in New York, NY.
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 Ratio1.21
Current Ratio0.19
Quick Ratio0.19
Price-To-Earnings
Trailing P/E Ratio12.30
Forward P/E Ratio12.38
P/E GrowthN/A
Sales & Book Value
Annual Sales$848.30 million
Price / Sales8.23
Cash Flow$5.5897 per share
Price / Cash11.65
Book Value$31.91 per share
Price / Book2.04
Profitability
EPS (Most Recent Fiscal Year)$5.30
Net Income$277.28 million
Net Margins38.18%
Return on Equity8.51%
Return on Assets3.48%
Miscellaneous
Employees207
Outstanding Shares107,210,000
Market Cap$6.94 billion
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 Wednesday, September 19th. Investors of record on Monday, October 1st will be given a dividend of $1.025 per share on Monday, October 15th. This represents a $4.10 annualized dividend and a yield of 6.30%. The ex-dividend date of this dividend is Friday, September 28th. This is a positive change 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) announced its earnings results on Friday, August, 3rd. The real estate investment trust reported $0.70 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.20 by $0.50. The real estate investment trust had revenue of $201.14 million for the quarter, compared to analysts' expectations of $213.21 million. WP Carey had a return on equity of 8.51% and a net margin of 38.18%. The company's revenue was down 9.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.38 EPS. View WP Carey's Earnings History.
When is WP Carey's next earnings date?
What price target have analysts set for WPC?
5 brokers have issued 1 year price objectives for WP Carey's stock. Their predictions range from $66.25 to $69.00. On average, they expect WP Carey's share price to reach $67.6250 in the next year. This suggests a possible upside of 3.8% from the stock's current price. 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 2 sell ratings and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for WP Carey.
Who are some of WP Carey's key competitors?
Some companies that are related to WP Carey include AvalonBay Communities (AVB), Equity Residential (EQR), Welltower (WELL), DIGITAL RLTY TR/SH (DLR), UNIBAIL-RODAMCO/ADR (UNRDY), Weyerhaeuser (WY), GGP (GGP), Ventas (VTR), Boston Properties (BXP), SBA Communications (SBAC), Realty Income (O), Essex Property Trust (ESS), Host Hotels and Resorts (HST), 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:
- Jason E. Fox, Chief Executive Officer & Director
- John J. Park, President
- Toni Sanzone, Chief Financial Officer & Managing Director
- Susan C. Hyde, Secretary, Chief Marketing & Ethics Officer, MD
- John D. Miller, Chief Investment Officer & Managing Director
Who are WP Carey's major shareholders?
WP Carey's stock is owned by a variety of of institutional and retail investors. Top institutional investors include DAVENPORT & Co LLC (1.00%), Berkshire Asset Management LLC PA (0.33%), Advisors Capital Management LLC (0.31%), Strs Ohio (0.14%), Sheets Smith Wealth Management (0.06%) and Cornerstone Wealth Management LLC (0.05%). Company insiders that own WP Carey stock include Arjun Mahalingam, Christopher Niehaus, Mark A Alexander, Mark M Goldberg, Mary M Vandeweghe 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 Cornerstone Wealth Management LLC, State of Alaska Department of Revenue, Strs Ohio, Spirit of America Management Corp NY and CX Institutional. View Insider Buying and Selling for WP Carey.
Which major investors are buying WP Carey stock?
WPC stock was bought by a variety of institutional investors in the last quarter, including Advisors Capital Management LLC, Berkshire Asset Management LLC PA, DAVENPORT & Co LLC, Atria Investments LLC, Kovack Advisors Inc., Bank of Montreal Can, Stony Point Wealth Management Inc. and First Hawaiian Bank. 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 $65.12.
How big of a company is WP Carey?
WP Carey has a market capitalization of $6.94 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.
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.
