W. P. Carey Inc. (WPC)
Market Cap | 14.17B |
Revenue (ttm) | 1.58B |
Net Income (ttm) | 460.84M |
Shares Out | 218.85M |
EPS (ttm) | 2.09 |
PE Ratio | 30.97 |
Forward PE | 22.79 |
Dividend | $3.49 (5.39%) |
Ex-Dividend Date | Dec 31, 2024 |
Volume | 1,048,876 |
Open | 64.21 |
Previous Close | 64.21 |
Day's Range | 63.83 - 64.86 |
52-Week Range | 52.91 - 64.86 |
Beta | 0.99 |
Analysts | Hold |
Price Target | 61.70 (-4.68%) |
Earnings Date | Feb 11, 2025 |
About WPC
W. P. Carey ranks among the largest net lease REITs with a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,430 net lease properties covering approximately 172 million square feet and a portfolio of 78 self-storage operating properties as of September 30, 2024. With offices in New York, London, Amsterdam and Dallas, the company remains focused on investing primarily in single-tenant, industrial, warehouse and retail properties located in the U.S. and Northern and Western Europe, under l... [Read more]
Financial Performance
In 2024, W. P. Carey's revenue was $1.58 billion, a decrease of -9.22% compared to the previous year's $1.74 billion. Earnings were $460.84 million, a decrease of -34.94%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for WPC stock is "Hold." The 12-month stock price forecast is $61.7, which is a decrease of -4.68% from the latest price.
News
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W. P. Carey: Top Value For REIT Investors
W. P. Carey divested its office properties and is now mainly focusing on industrial and warehouse assets. The REIT's portfolio includes 1,555 net lease properties, mainly industrial and warehouse, and...
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REIT Replay: REIT Share Prices Tick Up During Week Ended Feb. 21
Share prices for US equity real estate investment trusts ticked up slightly during the week ended Feb. 21, outperforming the broader stock market. Looking at the Dow Jones US real estate property sect...
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W. P. Carey: Fade The Rally - Uncertain Macro Triggers Another Buying Opportunity
W. P. Carey remains attractive despite the recent rally, with it well outperforming the wider market and many of its REIT peers. The REIT's strong performance is driven by the excellent lease growth, ...
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Broadstone Net Lease And W. P. Carey: Diverging Multiples Create A Compelling Opportunity To Swap
Sector rotation in commercial real estate shows industrial making a comeback, while data centers may have peaked, affecting net lease REITs like BNL and WPC. BNL's AFFO multiple has compressed to 10x,...
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W. P. Carey: A Steady REIT Generating High Single Digit Returns With A Possible Multiple Expansion Down The Road
Q4 2024 results show a 3.6% expected AFFO growth and a 6% dividend yield, projecting a 9.25% - 10% total return. Management's strategic use of cheap Euro debt and selling non-core assets enhances inve...
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Dividend stocks may look cheap, but are they actually value traps? We uncover the truth. The REIT, energy, and BDC sectors face major headwinds—find out which stocks to avoid. Our high-yield strategy ...
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W. P. Carey Inc. (WPC) Q4 2024 Earnings Call Transcript
W. P. Carey Inc. (NYSE:WPC) Q4 2024 Earnings Conference Call February 12, 2025 11:00 AM ET Company Participants Peter Sands - Head, Investor Relations Jason Fox - Chief Executive Officer Toni Sanzone...
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W. P. Carey Announces Fourth Quarter and Full Year 2024 Financial Results
NEW YORK , Feb. 11, 2025 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) (W.
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W. P. Carey Announces Tax Treatment of 2024 Dividends
NEW YORK , Jan. 31, 2025 /PRNewswire/ -- W. P. Carey Inc. (W.
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W. P. Carey to Release Fourth Quarter and Full Year 2024 Financial Results on Tuesday, February 11, 2025
Conference Call Scheduled for Wednesday, February 12, 2025 at 11:00 a.m. Eastern Time NEW YORK , Jan. 28, 2025 /PRNewswire/ -- W.
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W. P. Carey: Strong Yield And Growth Is Resuming
W. P. Carey Inc. is a low-risk REIT with a strong business model, focusing on high-quality industrial and retail properties. Despite a 2024 profit dip and a 2023 dividend cut, WPC is expected to resum...
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W. P. Carey: Adequate But Not Attractive Dividend
W. P. Carey currently yields 6%, following a dividend cut in 2023 and lower distributions in 2024. This followed a weak office portfolio that was spun off around that time. WPC's current portfolio pro...
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W. P. Carey Has Been On The Decline But Shares May Be Bottoming
W. P. Carey has seen a significant decline in share value but now presents a compelling investment opportunity due to its improved valuation and strong fundamentals. WPC's portfolio includes 1,430 net...
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W. P. Carey Announces 2024 Investment Volume of $1.6 Billion
Includes Record Fourth-Quarter Investment Volume of $845 Million NEW YORK , Jan. 8, 2025 /PRNewswire/ -- W. P. Carey Inc. (W.
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