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

WP Carey's stock was trading at $76.01 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, WPC stock has decreased by 25.7% and is now trading at $56.49. View which stocks have been mosted impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WP Carey in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for WP Carey.

WP Carey is scheduled to release its next quarterly earnings announcement on Friday, May 1st 2020. View our earnings forecast for WP Carey.

WP Carey Inc (NYSE:WPC) issued its quarterly earnings data on Friday, February, 21st. The real estate investment trust reported $1.28 EPS for the quarter, beating analysts' consensus estimates 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%. The business's quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.64 earnings per share. View WP Carey's earnings history.

WP Carey announced a quarterly dividend on Thursday, March 12th. Stockholders of record on Tuesday, March 31st will be given 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 7.36%. The ex-dividend date of this dividend is Monday, March 30th. This is an increase from WP Carey's previous quarterly dividend of $1.04. View WP Carey's dividend history.

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

5 brokerages have issued 1 year target prices for WP Carey's stock. Their forecasts range from $77.00 to $92.00. On average, they expect WP Carey's share price to reach $85.00 in the next year. This suggests a possible upside of 50.5% from the stock's current price. View analysts' price targets for WP Carey.

Headlines about WPC stock have been trending very positive recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. WP Carey earned a news impact score of 4.0 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutWP Carey.

WP Carey saw a decline in short interest in March. As of March 13th, there was short interest totaling 1,879,400 shares, a decline of 19.0% from the February 27th total of 2,320,000 shares. Based on an average daily volume of 632,800 shares, the short-interest ratio is currently 3.0 days. Currently, 1.1% of the company's shares are short sold. View WP Carey's Current Options Chain.

Some companies that are related to WP Carey include DIGITAL RLTY TR/SH (DLR), Public Storage (PSA), SBA Communications (SBAC), Equity Residential (EQR), AvalonBay Communities (AVB), Welltower (WELL), Realty Income (O), Simon Property Group (SPG), Alexandria Real Estate Equities (ARE), Essex Property Trust (ESS), Boston Properties (BXP), Weyerhaeuser (WY), Extra Space Storage (EXR), HCP (HCP) 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), Cisco Systems (CSCO), Ventas (VTR), Exxon Mobil (XOM), Enterprise Products Partners (EPD) and Pfizer (PFE).

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

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 $56.49.

WP Carey has a market capitalization of $9.73 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]