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
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Phone212-492-1100
Debt
Current Ratio0.18
Quick Ratio0.18
Price-To-Earnings
Sales & Book Value
Annual Sales$848.30 million
Price / Sales13.23
Price / Cash Flow12.30
Price / Book2.18
Profitability
Net Income$277.28 million
Net Margins39.03%
Return on Assets3.53%
Miscellaneous
Employees207
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 announced 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 5.91%. The ex-dividend date of this dividend is Friday, December 28th. This is a boost 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) released its quarterly earnings data on Friday, November, 2nd. The real estate investment trust reported $1.48 earnings per share (EPS) for the quarter, topping the Zacks' 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 net margin of 39.03% and a return on equity of 8.78%. The business's revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the prior year, the company posted $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 EPS guidance of $5.34-5.44 for the period, compared to the Thomson Reuters consensus earnings per share 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 equities research analysts have issued 12 month price targets for WP Carey's stock. Their forecasts range from $66.25 to $73.00. On average, they expect WP Carey's share price to reach $69.4167 in the next year. This suggests that the stock has a possible downside of 0.3%. 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 1 sell rating and 3 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 trended positive on Thursday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. WP Carey earned a coverage optimism score of 2.3 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the next several days.
Are investors shorting WP Carey?
WP Carey saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 5,389,835 shares, an increase of 77.8% from the December 14th total of 3,030,666 shares. Based on an average daily volume of 2,439,943 shares, the short-interest ratio is presently 2.2 days. Currently, 3.4% of the shares of the stock are short sold. View WP Carey's Current Options Chain.
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), SBA Communications (SBAC), Realty Income (O), Boston Properties (BXP), Weyerhaeuser (WY), Essex Property Trust (ESS), HCP (HCP) and ANNALY CAP MGMT/SH (NLY).
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 many different of institutional and retail investors. Top institutional shareholders include Denali Advisors LLC (0.12%), Northstar Investment Advisors LLC (0.09%), State of Alaska Department of Revenue (0.04%), Stony Point Wealth Management Inc. (0.04%), Boston Advisors LLC (0.02%) and Gulf International Bank UK Ltd (0.02%). 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 institutional investors are selling WP Carey stock?
Which institutional investors are buying WP Carey stock?
WPC stock was bought by a variety of institutional investors in the last quarter, including Denali Advisors LLC, Boston Advisors LLC, Gulf International Bank UK Ltd, State of Alaska Department of Revenue, DNB Asset Management AS, Stony Point Wealth Management Inc., Monument Capital Management and Virtu Financial LLC. 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 $69.66.
How big of a company is WP Carey?
WP Carey has a market capitalization of $11.00 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.
