NYSE:WPC - WP Carey Stock Price, Forecast & News

WP Carey trades on the New York Stock Exchange (NYSE) under the ticker symbol "WPC."

WP Carey declared a quarterly dividend on Wednesday, December 18th. Investors of record on Tuesday, December 31st will be paid a dividend of $1.038 per share on Wednesday, January 15th. This represents a $4.15 dividend on an annualized basis and a yield of 5.36%. The ex-dividend date is Monday, December 30th. This is a positive change from WP Carey's previous quarterly dividend of $1.04. View WP Carey's Dividend History.

WP Carey Inc (NYSE:WPC) released its earnings results on Friday, February, 21st. The real estate investment trust reported $1.28 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.49 by $0.79. The real estate investment trust earned $311.20 million during the quarter, compared to the consensus estimate of $315.57 million. WP Carey had a return on equity of 4.37% and a net margin of 24.76%. WP Carey's revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter last year, the company earned $1.64 earnings per share. View WP Carey's Earnings History.

WP Carey is scheduled to release their next quarterly earnings announcement on Friday, May 1st 2020. View Earnings Estimates for WP Carey.

WP Carey issued an update on its FY20 earnings guidance on Friday, February, 21st. The company provided earnings per share guidance of $4.86-5.01 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.59.

6 brokerages have issued twelve-month target prices for WP Carey's stock. Their forecasts range from $77.00 to $92.00. On average, they expect WP Carey's stock price to reach $84.50 in the next year. This suggests a possible upside of 9.2% from the stock's current price. View Analyst Price Targets for WP Carey.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WP Carey in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for WP Carey.

News stories about WPC stock have trended extremely negative recently, InfoTrie reports. The research group identifies positive and negative press coverage by analyzing 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 nearest to five being the most favorable. WP Carey earned a media sentiment score of -4.1 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for WP Carey.

Some companies that are related to WP Carey include Equinix (EQIX), Simon Property Group (SPG), Public Storage (PSA), Welltower (WELL), SBA Communications (SBAC), AvalonBay Communities (AVB), Equity Residential (EQR), DIGITAL RLTY TR/SH (DLR), Realty Income (O), Ventas (VTR), Essex Property Trust (ESS), Boston Properties (BXP), Alexandria Real Estate Equities (ARE), Weyerhaeuser (WY) and Mid-America Apartment Communities (MAA).

Based on aggregate information from My MarketBeat watchlists, some companies that other WP Carey investors own include AT&T (T), Verizon Communications (VZ), Omega Healthcare Investors (OHI), Realty Income (O), AbbVie (ABBV), Ventas (VTR), Cisco Systems (CSCO), Exxon Mobil (XOM), Enterprise Products Partners (EPD) and Simon Property Group (SPG).

WP Carey's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (3.86%), Massachusetts Financial Services Co. MA (1.40%), Geode Capital Management LLC (1.10%), UBS Group AG (0.95%), California Public Employees Retirement System (0.82%) and UBS Asset Management Americas Inc. (0.81%). Company insiders that own WP Carey stock include Arjun Mahalingam, Christopher Niehaus, Jean Hoysradt, Mark A Alexander and Peter Farrell. View Institutional Ownership Trends for WP Carey.

WPC stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, State Street Corp, Bank of New York Mellon Corp, Teacher Retirement System of Texas, Goldman Sachs Group Inc., Amundi Pioneer Asset Management Inc., Zurcher Kantonalbank Zurich Cantonalbank and Schroder Investment Management Group. View Insider Buying and Selling for WP Carey.

WPC stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Barclays PLC, National Pension Service, UBS Group AG, BNP PARIBAS ASSET MANAGEMENT Holding S.A., Swiss National Bank, Massachusetts Financial Services Co. MA and Virginia Retirement Systems ET AL. Company insiders that have bought WP Carey stock in the last two years include Christopher Niehaus, Jean Hoysradt, Mark A Alexander and Peter Farrell. View Insider Buying and Selling for 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.

One share of WPC stock can currently be purchased for approximately $77.41.

WP Carey has a market capitalization of $13.34 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.View Additional Information About WP Carey.

The official website for WP Carey is http://www.wpcarey.com/.

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]