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 announced a quarterly dividend on Wednesday, December 18th. Stockholders of record on Tuesday, December 31st will be given a dividend of $1.038 per share on Wednesday, January 15th. This represents a $4.15 dividend on an annualized basis and a dividend yield of 4.93%. The ex-dividend date of this dividend 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) issued its quarterly earnings results on Friday, November, 1st. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.15 by $0.91. The real estate investment trust earned $318.01 million during the quarter, compared to analyst estimates of $317.44 million. WP Carey had a return on equity of 5.31% and a net margin of 30.89%. The business's revenue was up 51.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.70 earnings per share. View WP Carey's Earnings History.

WP Carey is scheduled to release their next quarterly earnings announcement on Friday, February 28th 2020. View Earnings Estimates for WP Carey.

WP Carey issued an update on its FY19 earnings guidance on Friday, November, 1st. The company provided EPS guidance of $4.95-5.01 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.97.

6 equities research analysts have issued 1-year price objectives 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 0.3% 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 headlines about WPC stock have been trending somewhat positive on Friday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. WP Carey earned a coverage optimism score of 1.5 on InfoTrie's scale. They also gave press coverage 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 stock's share price in the near future. View News Stories for WP Carey.

WP Carey saw a decline in short interest during the month of December. As of December 13th, there was short interest totalling 2,480,000 shares, a decline of 13.9% from the November 28th total of 2,880,000 shares. Based on an average trading volume of 744,700 shares, the days-to-cover ratio is presently 3.3 days. Approximately 1.5% of the company's shares are sold short. View WP Carey's Current Options Chain.

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

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), Enterprise Products Partners (EPD), Exxon Mobil (XOM) and EPR Properties (EPR).

WP Carey's stock is owned by many different of institutional and retail investors. Top institutional investors include DAVENPORT & Co LLC (0.44%), Advisors Capital Management LLC (0.22%), State of Alaska Department of Revenue (0.07%), PGGM Investments (0.05%), Inspirion Wealth Advisors LLC (0.05%) and Gateway Investment Advisers LLC (0.05%). 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, Zurcher Kantonalbank Zurich Cantonalbank , Inspirion Wealth Advisors LLC, IFP Advisors Inc, Cribstone Capital Management LLC, Wealthstar Advisors LLC, Private Trust Co. NA and NEXT Financial Group Inc. View Insider Buying and Selling for WP Carey.

WPC stock was acquired by a variety of institutional investors in the last quarter, including Exchange Traded Concepts LLC, State of Alaska Department of Revenue, J.W. Cole Advisors Inc., Pensionfund DSM Netherlands, Advisors Capital Management LLC, Sawyer & Company Inc, Pensionfund Sabic and DNB Asset Management AS. 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 $84.25.

WP Carey has a market capitalization of $14.51 billion and generates $885.73 million in revenue each year. The real estate investment trust earns $411.57 million in net income (profit) each year or $5.39 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]