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NYSE:WPC

W. P. Carey Stock Forecast, Price & News

$70.16
+0.72 (+1.04 %)
(As of 12/4/2020 12:00 AM ET)
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Today's Range
$69.78
Now: $70.16
$71.10
50-Day Range
$61.58
MA: $67.37
$71.75
52-Week Range
$38.62
Now: $70.16
$88.99
Volume602,781 shs
Average Volume926,275 shs
Market Capitalization$12.31 billion
P/E Ratio35.43
Dividend Yield6.02%
Beta0.72
W. P. Carey ranks among the largest net lease REITs with an enterprise value of approximately $18 billion and a diversified portfolio of operationally-critical commercial real estate that includes 1,216 net lease properties covering approximately 142 million square feet as of June 30, 2020. For over four decades, the company has invested in high-quality single-tenant industrial, warehouse, office, retail and self-storage properties subject to long-term net 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.
W. P. Carey logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.67 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone212-492-1100
Employees204

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.23 billion
Cash Flow$5.28 per share
Book Value$40.33 per share

Profitability

Net Income$305.24 million

Miscellaneous

Market Cap$12.31 billion
Next Earnings Date2/19/2021 (Estimated)
OptionableOptionable
$70.16
+0.72 (+1.04 %)
(As of 12/4/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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W. P. Carey (NYSE:WPC) Frequently Asked Questions

How has W. P. Carey's stock been impacted by Coronavirus?

W. P. 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 shares have decreased by 7.7% and is now trading at $70.16.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of W. P. Carey?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for W. P. Carey in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for W. P. Carey
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than W. P. Carey?

Wall Street analysts have given W. P. Carey a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but W. P. Carey wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is W. P. Carey's next earnings date?

W. P. Carey is scheduled to release its next quarterly earnings announcement on Friday, February 19th 2021.
View our earnings forecast for W. P. Carey
.

How were W. P. Carey's earnings last quarter?

W. P. Carey Inc. (NYSE:WPC) issued its earnings results on Wednesday, November, 4th. The real estate investment trust reported $0.85 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.12 by $0.27. The real estate investment trust earned $302.42 million during the quarter, compared to the consensus estimate of $296.90 million. W. P. Carey had a return on equity of 4.98% and a net margin of 28.17%. The firm's quarterly revenue was down 4.9% on a year-over-year basis. During the same period last year, the business posted $1.09 EPS.
View W. P. Carey's earnings history
.

How often does W. P. Carey pay dividends? What is the dividend yield for W. P. Carey?

W. P. Carey announced a quarterly dividend on Thursday, September 17th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $1.044 per share on Thursday, October 15th. This represents a $4.18 annualized dividend and a dividend yield of 5.95%. The ex-dividend date of this dividend is Tuesday, September 29th. This is an increase from W. P. Carey's previous quarterly dividend of $1.04.
View W. P. Carey's dividend history
.

What guidance has W. P. Carey issued on next quarter's earnings?

W. P. Carey issued an update on its FY 2020 Pre-Market earnings guidance on Friday, October, 30th. The company provided earnings per share (EPS) guidance of 4.65-4.75 for the period.

What price target have analysts set for WPC?

3 brokerages have issued 12 month price objectives for W. P. Carey's shares. Their forecasts range from $52.00 to $77.00. On average, they expect W. P. Carey's share price to reach $64.50 in the next year. This suggests that the stock has a possible downside of 8.1%.
View analysts' price targets for W. P. Carey
.

Who are some of W. P. Carey's key competitors?

What other stocks do shareholders of W. P. Carey own?

Based on aggregate information from My MarketBeat watchlists, some companies that other W. P. Carey investors own include AT&T (T), Verizon Communications (VZ), AbbVie (ABBV), Cisco Systems (CSCO), Pfizer (PFE), Johnson & Johnson (JNJ), Realty Income (O), Exxon Mobil (XOM), Intel (INTC) and Enterprise Products Partners (EPD).

Who are W. P. Carey's key executives?

W. P. Carey's management team includes the following people:
  • Mr. Jason E. Fox, CEO & Director (Age 47, Pay $2.13M)
  • Mr. John J. Park, Pres (Age 56, Pay $1.52M)
  • Ms. Toni Sanzone CPA, MD & CFO (Age 43, Pay $1.08M)
  • Mr. Gino M. Sabatini, MD & Head of Investments (Age 51, Pay $1.39M)
  • Mr. Brooks G. Gordon, MD & Head of Asset Management (Age 36, Pay $832.42k)
  • Mr. John D. Miller, Chief Investment Officer & MD (Age 75)
  • Mr. Arjun Mahalingam, Chief Accounting Officer (Age 36)
  • Ms. Susan C. Hyde, MD, Chief Admin. Officer, Chief Ethics Officer & Corp. Sec. (Age 51)
  • Mr. Peter Sands, Exec. Director & Head of Investor Relations
  • Mr. Edward V. LaPuma, MD & Head of International Investments (Age 46)

What is W. P. Carey's stock symbol?

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

Who are W. P. Carey's major shareholders?

W. P. Carey's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.31%), State Street Corp (4.09%), JPMorgan Chase & Co. (3.05%), Daiwa Securities Group Inc. (1.65%), Massachusetts Financial Services Co. MA (1.62%) and Nuveen Asset Management LLC (0.86%). Company insiders that own W. P. Carey stock include Arjun Mahalingam, Christopher Niehaus, Jason E Fox, Mark A Alexander and Robert J Flanagan.
View institutional ownership trends for W. P. Carey
.

Which major investors are selling W. P. Carey stock?

WPC stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, California Public Employees Retirement System, First Trust Advisors LP, State Street Corp, Swiss National Bank, Virginia Retirement Systems ET AL, Great West Life Assurance Co. Can, and BNP Paribas Arbitrage SA.
View insider buying and selling activity for W. P. Carey
.

Which major investors are buying W. P. Carey stock?

WPC stock was bought by a variety of institutional investors in the last quarter, including Daiwa Securities Group Inc., Nuveen Asset Management LLC, Massachusetts Financial Services Co. MA, Thrivent Financial for Lutherans, UBS Asset Management Americas Inc., Zurcher Kantonalbank Zurich Cantonalbank, Securian Asset Management Inc, and Natixis. Company insiders that have bought W. P. Carey stock in the last two years include Arjun Mahalingam, Christopher Niehaus, Jason E Fox, Mark A Alexander, and Robert J Flanagan.
View insider buying and selling activity for W. P. Carey
.

How do I buy shares of W. P. 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 W. P. Carey's stock price today?

One share of WPC stock can currently be purchased for approximately $70.16.

How big of a company is W. P. Carey?

W. P. Carey has a market capitalization of $12.31 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. W. P. Carey employs 204 workers across the globe.

What is W. P. Carey's official website?

The official website for W. P. Carey is www.wpcarey.com.

How can I contact W. P. Carey?

W. P. 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 12/5/2020 by MarketBeat.com Staff

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