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 / Sales13.20
Price / Cash Flow12.48
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 declared a quarterly dividend on Wednesday, December 5th. Stockholders 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 annualized dividend and a dividend yield of 5.91%. The ex-dividend date 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) issued its quarterly earnings data on Friday, November, 2nd. The real estate investment trust reported $1.48 EPS for the quarter, beating the Thomson Reuters' 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 company's revenue for the quarter was down .6% compared to the same quarter last year. During the same period last year, the business posted $0.74 earnings per share. 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 issued an update on its FY18 earnings guidance on Friday, November, 2nd. The company provided earnings per share guidance of $5.34-5.44 for the period, compared to the Thomson Reuters consensus EPS 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 Wall Street analysts have issued 1 year price objectives for WP Carey's shares. Their predictions range from $66.25 to $73.00. On average, they anticipate 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?
News headlines about WPC stock have been trending somewhat negative on Thursday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. WP Carey earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near future.
Are investors shorting WP Carey?
WP Carey saw a increase in short interest in 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 days-to-cover ratio is currently 2.2 days. Approximately 3.4% of the company's shares 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 CROWN CASTLE IN/SH SH (CCI), 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) and HCP (HCP).
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 retail and institutional investors. Top institutional investors 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 purchased 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 $11.16 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.
