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NYSE:WPC

WP Carey Stock Forecast, Price & News

$66.33
-1.36 (-2.01 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$66.07
Now: $66.33
$67.80
50-Day Range
$67.69
MA: $70.65
$73.44
52-Week Range
$38.62
Now: $66.33
$93.62
Volume1.96 million shs
Average Volume985,132 shs
Market Capitalization$11.54 billion
P/E Ratio33.50
Dividend Yield6.16%
Beta0.7
W. P. Carey ranks among the largest net lease REITs with an enterprise value of approximately $17 billion and a diversified portfolio of operationally-critical commercial real estate that includes 1,163 net lease properties covering approximately 131 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.68 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone212-492-1100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.23 billion
Cash Flow$4.80 per share
Book Value$40.33 per share

Profitability

Net Income$305.24 million

Miscellaneous

Employees206
Market Cap$11.54 billion
Next Earnings Date11/6/2020 (Estimated)
OptionableOptionable
$66.33
-1.36 (-2.01 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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WP Carey (NYSE:WPC) Frequently Asked Questions

How has WP Carey's stock been impacted by Coronavirus (COVID-19)?

WP Carey's stock was trading at $76.01 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, WPC stock has decreased by 12.7% and is now trading at $66.33.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of WP Carey?

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
.

When is WP Carey's next earnings date?

WP Carey is scheduled to release its next quarterly earnings announcement on Friday, November 6th 2020.
View our earnings forecast for WP Carey
.

How were WP Carey's earnings last quarter?

WP Carey Inc (NYSE:WPC) announced its quarterly earnings results on Friday, July, 31st. The real estate investment trust reported $1.11 EPS for the quarter, topping the Zacks' consensus estimate of $1.10 by $0.01. The real estate investment trust earned $290.50 million during the quarter, compared to analysts' expectations of $291.88 million. WP Carey had a net margin of 28.17% and a return on equity of 4.98%. The firm's quarterly revenue was down 4.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.07 EPS.
View WP Carey's earnings history
.

How often does WP Carey pay dividends? What is the dividend yield for WP Carey?

WP Carey declared a quarterly dividend on Thursday, September 17th. Investors of record on Wednesday, September 30th will be given a dividend of $1.044 per share on Thursday, October 15th. This represents a $4.18 dividend on an annualized basis and a dividend yield of 6.30%. This is an increase from WP Carey's previous quarterly dividend of $1.04.
View WP Carey's dividend history
.

What price target have analysts set for WPC?

4 analysts have issued 12 month price objectives for WP Carey's stock. Their forecasts range from $52.00 to $88.00. On average, they expect WP Carey's stock price to reach $72.33 in the next year. This suggests a possible upside of 9.1% from the stock's current price.
View analysts' price targets for WP Carey
.

Are investors shorting WP Carey?

WP Carey saw a decrease in short interest in the month of August. As of August 14th, there was short interest totaling 2,740,000 shares, a decrease of 16.5% from the July 30th total of 3,280,000 shares. Based on an average daily trading volume, of 1,200,000 shares, the days-to-cover ratio is currently 2.3 days.
View WP Carey's Short Interest
.

Who are some of WP Carey's key competitors?

What other stocks do shareholders of WP Carey own?

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), Pfizer (PFE), Realty Income (O), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Intel (INTC) and Enterprise Products Partners (EPD).

Who are WP Carey's key executives?

WP Carey's management team includes the following people:
  • Mr. Jason E. Fox, CEO & Director (Age 46)
  • Mr. John J. Park, Pres (Age 55)
  • Ms. ToniAnn Sanzone CPA, MD & CFO (Age 42)
  • Mr. John D. Miller, Chief Investment Officer & MD (Age 74)
  • Mr. Gino M. Sabatini, MD & Head of Investments (Age 50)

What is WP Carey's stock symbol?

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

Who are WP Carey's major shareholders?

WP Carey's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (14.27%), Commonwealth Equity Services LLC (0.91%), California Public Employees Retirement System (0.83%), Nuveen Asset Management LLC (0.76%), PGGM Investments (0.72%) and Charles Schwab Investment Management Inc. (0.69%). 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
.

Which major investors are selling WP Carey stock?

WPC stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., PGGM Investments, Unigestion Holding SA, APG Asset Management N.V., Swiss National Bank, Goldman Sachs Group Inc., New England Investment & Retirement Group Inc., and Commonwealth Equity Services LLC.
View insider buying and selling activity for WP Carey
.

Which major investors are buying WP Carey stock?

WPC stock was acquired by a variety of institutional investors in the last quarter, including Charles Schwab Investment Management Inc., Brookfield Asset Management Inc., Nuveen Asset Management LLC, Prudential Financial Inc., Public Employees Retirement System of Ohio, Bank of New York Mellon Corp, Bank of America Corp DE, and Foundry Partners LLC. 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
.

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, Robinhood, Fidelity, and Charles Schwab.

What is WP Carey's stock price today?

One share of WPC stock can currently be purchased for approximately $66.33.

How big of a company is WP Carey?

WP Carey has a market capitalization of $11.54 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.

What is WP Carey's official website?

The official website for WP Carey is www.wpcarey.com.

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]

This page was last updated on 9/19/2020 by MarketBeat.com Staff

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