NYSE:WPCWP Carey Stock Price, Forecast & News

WP Carey's stock was trading at $76.01 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WPC shares have decreased by 12.5% and is now trading at $66.52. View which stocks have been most impacted by Coronavirus.

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.

WP Carey is scheduled to release its next quarterly earnings announcement on Friday, August 7th 2020. View our earnings forecast for WP Carey.

WP Carey Inc (NYSE:WPC) issued its quarterly earnings results on Friday, May, 1st. The real estate investment trust reported $1.25 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.19 by $0.06. The real estate investment trust had revenue of $294.60 million for the quarter, compared to analysts' expectations of $278.30 million. WP Carey had a return on equity of 4.38% and a net margin of 24.64%. The company's quarterly revenue was down 1.2% compared to the same quarter last year. During the same period last year, the business earned $0.41 EPS. View WP Carey's earnings history.

WP Carey announced a quarterly dividend on Thursday, June 11th. Stockholders of record on Tuesday, June 30th will be given a dividend of $1.042 per share on Wednesday, July 15th. This represents a $4.17 dividend on an annualized basis and a yield of 6.27%. The ex-dividend date is Monday, June 29th. This is a boost from WP Carey's previous quarterly dividend of $1.04. View WP Carey's dividend history.

4 brokerages have issued twelve-month target prices for WP Carey's shares. Their forecasts range from $52.00 to $88.00. On average, they anticipate WP Carey's stock price to reach $72.33 in the next year. This suggests a possible upside of 8.7% from the stock's current price. View analysts' price targets for WP Carey.

News coverage about WPC stock has trended negative on Thursday, InfoTrie reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. WP Carey earned a coverage optimism score of -2.1 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about WP Carey.

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

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).

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

WP Carey's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.09%), EWG Elevate Inc. (0.05%), State of Alaska Department of Revenue (0.03%), DNB Asset Management AS (0.01%), BEAM Asset Management LLC (0.01%) and Old Port Advisors (0.01%). 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.

WPC stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, and EWG Elevate Inc.. View insider buying and selling activity for WP Carey.

WPC stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Symphony Financial Ltd. Co., Woodstock Corp, DNB Asset Management AS, BEAM Asset Management LLC, Ellevest Inc., Private Trust Co. NA, and Old Port Advisors. 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.

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 $66.52.

WP Carey has a market capitalization of $11.47 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.

The official website for WP Carey is 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]