W. P. Carey Inc. (WPC)

NYSE: WPC · Real-Time Price · USD
64.73
+0.52 (0.81%)
Mar 3, 2025, 4:00 PM EST - Market closed
0.81%
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]

Sector Real Estate
IPO Date Jan 21, 1998
Employees 203
Stock Exchange NYSE
Ticker Symbol WPC
Full Company Profile

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 Statements

Analyst 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.

Price Target
$61.7
(-4.68% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

5 days ago - Seeking Alpha

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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6 days ago - Seeking Alpha

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, ...

6 days ago - Seeking Alpha

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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8 days ago - Seeking Alpha

If I Had To Name 2 REIT Dividend Bargains, It Would Be These

REITs are per definition designed to be durable income vehicles. If one can combine high quality with low multiple, the things can become attractive from the total return perspective as well. In this ...

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11 days ago - Seeking Alpha

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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REIT dividend yields are historically high. Even high-quality REITs are now offering high dividend yields. We build a REIT portfolio generating $1,000 monthly dividend income.

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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...

19 days ago - Seeking Alpha

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.

20 days ago - PRNewsWire

6-12% Blue-Chip Yields: The Simple Path To Retiring With Dividends

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26 days ago - Seeking Alpha

W. P. Carey Announces Tax Treatment of 2024 Dividends

NEW YORK , Jan. 31, 2025 /PRNewswire/ -- W. P. Carey Inc. (W.

4 weeks ago - PRNewsWire

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.

4 weeks ago - PRNewsWire

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...

5 weeks ago - Seeking Alpha

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...

5 weeks ago - Seeking Alpha

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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7 weeks ago - Seeking Alpha

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.

7 weeks ago - PRNewsWire

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