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
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:WPC
Previous Symbol
CUSIPN/A
Phone212-492-1100
Debt
Debt-to-Equity Ratio1.21
Current Ratio0.18
Quick Ratio0.18
Price-To-Earnings
Trailing P/E Ratio13.22
Forward P/E Ratio13.35
P/E GrowthN/A
Sales & Book Value
Annual Sales$848.30 million
Price / Sales13.31
Cash Flow$5.5885 per share
Price / Cash Flow12.54
Book Value$31.91 per share
Price / Book2.20
Profitability
EPS (Most Recent Fiscal Year)$5.30
Net Income$277.28 million
Net Margins39.03%
Return on Equity8.78%
Return on Assets3.53%
Miscellaneous
Employees207
Outstanding Shares161,060,000
Market Cap$11.21 billion
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 Wednesday, December 5th. Shareholders of record on Monday, December 31st will be paid a dividend of $1.03 per share on Tuesday, January 15th. This represents a $4.12 dividend on an annualized basis and a yield of 5.88%. The ex-dividend date of this dividend is Friday, December 28th. This is a positive change 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) posted its quarterly earnings data on Friday, November, 2nd. The real estate investment trust reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.40 by $0.08. The real estate investment trust had revenue of $209.40 million for the quarter, compared to analyst estimates of $215.47 million. WP Carey had a return on equity of 8.78% and a net margin of 39.03%. WP Carey's revenue was down .6% on a year-over-year basis. During the same period last year, the firm earned $0.74 EPS. 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, November, 2nd. The company provided earnings per share guidance of $5.34-5.44 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.82. WP Carey also updated its FY 2018 guidance to $5.34-5.44 EPS.
What price target have analysts set for WPC?
4 brokers have issued twelve-month price targets for WP Carey's stock. Their predictions range from $66.25 to $69.00. On average, they anticipate WP Carey's share price to reach $67.6250 in the next year. This suggests that the stock has a possible downside of 3.5%. 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 2 sell ratings and 2 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?
Headlines about WPC stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. WP Carey earned a news sentiment score of 1.9 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an impact on the stock's share price in the immediate future.
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), Boston Properties (BXP), Realty Income (O), SBA Communications (SBAC), Weyerhaeuser (WY), Essex Property Trust (ESS), HCP (HCP) and Host Hotels and Resorts (HST).
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)
Who are WP Carey's major shareholders?
WP Carey's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.57%), BlackRock Inc. (6.85%), Dimensional Fund Advisors LP (0.99%), Massachusetts Financial Services Co. MA (1.41%), DAVENPORT & Co LLC (1.00%) and FMR LLC (0.93%). Company insiders that own WP Carey stock include Arjun Mahalingam, Christopher Niehaus, Jean Hoysradt, Mark M Goldberg 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 FMR LLC, Martingale Asset Management L P, American Century Companies Inc., Putnam Investments LLC, Prudential Financial Inc., TIAA CREF Investment Management LLC, SG Americas Securities LLC and Credit Suisse AG. 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 Massachusetts Financial Services Co. MA, BlackRock Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., NN Investment Partners Holdings N.V., Rehmann Capital Advisory Group, Mirae Asset Global Investments Co. Ltd. and Vanguard Group Inc.. 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 $70.08.
How big of a company is WP Carey?
WP Carey has a market capitalization of $11.21 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.
