W. P. Carey Inc. (WPC)
| Market Cap | 12.24B |
| Revenue (ttm) | 1.59B |
| Net Income (ttm) | 558.11M |
| Shares Out | 218.85M |
| EPS (ttm) | 2.53 |
| PE Ratio | 22.06 |
| Forward PE | 25.76 |
| Dividend | $3.49 (6.24%) |
| Ex-Dividend Date | Dec 31, 2024 |
| Volume | 743,751 |
| Open | 55.38 |
| Previous Close | 55.67 |
| Day's Range | 55.38 - 56.26 |
| 52-Week Range | 52.91 - 64.26 |
| Beta | 0.99 |
| Analysts | Hold |
| Price Target | 61.60 (+10.18%) |
| 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 2023, W. P. Carey's revenue was $1.74 billion, an increase of 17.93% compared to the previous year's $1.47 billion. Earnings were $708.33 million, an increase of 18.23%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for WPC stock is "Hold." The 12-month stock price forecast is $61.6, which is an increase of 10.18% from the latest price.
News
W. P. Carey Announces Tax Treatment of 2024 Dividends
NEW YORK , Jan. 31, 2025 /PRNewswire/ -- W. P. Carey Inc. (W.
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.
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 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 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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W. P. Carey: A Beaten Down REIT That Could Rise From The Canvas
W. P. Carey, a well-known REIT, faced investor backlash after raising and quickly cutting its dividend in late 2023 to $0.86. Despite recent struggles, W. P. Carey offers potential for long-term retur...
W. P Carey: Grab This High Yielding And Top-Tier Opportunity To Bolster Your Dividend Income
W. P. Carey boasts a diversified portfolio with strong tenant diversification, long lease terms, and inflation-hedged rent increases, ensuring stable and predictable cash flows. The company's conserva...
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W. P. Carey: The Bottom May Be In
W. P. Carey has faced a 12% decline in value so far this year, but the REIT completed its portfolio restructuring. I previously recommended WPC as a strong buy due to its successful restructuring, low...
W. P. Carey: No Pain, No Gain - Dividend Story Remains Rich
WPC's clean FQ3'24 performance has been promising indeed, as the management also hints at sequential growth in FQ4'24. The REIT's stable ABR growth, 98.8% occupancy rate, and positive re-leasing rates...
W. P. Carey Increases Quarterly Dividend to $0.880 per Share
NEW YORK , Dec. 12, 2024 /PRNewswire/ -- W. P. Carey Inc. (W.
How Donald Trump's Tariffs Could Impact High-Yield Stocks
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W. P. Carey: Better Equipped To Deal With Inflationary Pressures Relative To Realty Income
32.9% of W. P. Carey's annual base rent is subject to uncapped rent escalators linked to CPI. In comparison, most of the rent escalators in Realty Income's portfolio are either fixed or linked to CPI ...
W. P. Carey: Growth Should Edge Up Some
W. P. Carey's growth should accelerate post-office business exit. The company is expected to return to slow growth and annual dividend raises. The high dividend yield reflects market caution. That cau...