W. P. Carey Inc. (WPC)

NYSE: WPC · IEX Real-Time Price · USD
55.03
-0.95 (-1.70%)
At close: Apr 26, 2024, 4:00 PM
55.46
+0.43 (0.78%)
After-hours: Apr 26, 2024, 7:25 PM EDT
-1.70%
Market Cap 12.03B
Revenue (ttm) 1.74B
Net Income (ttm) 708.33M
Shares Out 218.67M
EPS (ttm) 3.28
PE Ratio 16.78
Forward PE 23.90
Dividend $3.46 (6.29%)
Ex-Dividend Date Mar 27, 2024
Volume 1,137,036
Open 56.13
Previous Close 55.98
Day's Range 54.99 - 56.58
52-Week Range 50.30 - 73.12
Beta 0.87
Analysts Hold
Price Target 65.44 (+18.92%)
Earnings Date Apr 30, 2024

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 1,424 net lease properties covering approximately 173 million square feet and a portfolio of 89 self-storage operating properties as of December 31, 2023. 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 lo... [Read more]

Sector Real Estate
IPO Date Jan 21, 1998
Employees 197
Stock Exchange NYSE
Ticker Symbol WPC
Full Company Profile

Financial Performance

In 2023, W. P. Carey's revenue was $1.74 billion, an increase of 17.73% compared to the previous year's $1.48 billion. Earnings were $708.33 million, an increase of 18.23%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for WPC stock is "Hold." The 12-month stock price forecast is $65.44, which is an increase of 18.92% from the latest price.

Price Target
$65.44
(18.92% upside)
Analyst Consensus: Hold
Stock Forecasts

News

W. P. Carey to Release First Quarter 2024 Financial Results on Tuesday, April 30, 2024

Conference Call Scheduled for Wednesday, May 1, 2024 at 11:00 a.m. Eastern Time NEW YORK , April 10, 2024 /PRNewswire/ -- W.

18 days ago - PRNewsWire

W. P. Carey Selected as 2024 Green Lease Leader

Third Consecutive Year Achieving Gold Recognition  NEW YORK , April 4, 2024 /PRNewswire/ -- W. P. Carey (W.

24 days ago - PRNewsWire

W. P. Carey Releases 2023 CEO Letter

NEW YORK, April 1, 2024 /PRNewswire/ -- W. P. Carey (W.

27 days ago - PRNewsWire

W. P. Carey Appoints Rhonda Gass to Board of Directors

Brings 30+ Years of Technology Experience to WPC Board NEW YORK , March 18, 2024 /PRNewswire/ -- W. P. Carey Inc. (W.

5 weeks ago - PRNewsWire

W. P. Carey Increases Quarterly Dividend to $0.865 per Share

NEW YORK , March 14, 2024 /PRNewswire/ -- W. P. Carey Inc. (W.

6 weeks ago - PRNewsWire

Top 4 Real Estate Stocks You'll Regret Missing This Quarter - EPR Props (NYSE:EPR), Healthpeak Properties (NYSE:PEAK)

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: EPRSBAC
2 months ago - Benzinga

W. P. Carey Announces Fourth Quarter and Full Year 2023 Financial Results

NEW YORK , Feb. 9, 2024 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) (W.

2 months ago - PRNewsWire

W. P. Carey Announces Tax Treatment of 2023 Dividends

NEW YORK , Jan. 29, 2024 /PRNewswire/ -- W. P. Carey Inc. (W.

Other symbols: NLOP
3 months ago - PRNewsWire

W. P. Carey to Release Fourth Quarter and Full Year 2023 Financial Results on Friday, February 9, 2024

Conference Call Scheduled for 10:00 a.m. Eastern Time NEW YORK , Jan. 26, 2024 /PRNewswire/ -- W.

3 months ago - PRNewsWire

W. P. Carey Announces Completion of State of Andalusia Office Portfolio Sale for $359 Million

Recent Sales Bring Current Office Exposure Below 3% of Total ABR NEW YORK , Jan. 11, 2024 /PRNewswire/ -- W. P. Carey Inc. (W.

3 months ago - PRNewsWire

W. P. Carey Announces 2023 Investment Volume of $1.3 Billion

Includes Fourth Quarter Investment Volume of $320 Million at a Weighted-Average Cap Rate of 7.7% Additional $180 Million of Investments Scheduled to Close in January 2024 NEW YORK , Jan. 10, 2024 /PRN...

3 months ago - PRNewsWire

IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against W. P. Carey Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 8, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of W. P. Carey Inc...

3 months ago - Accesswire

W. P. Carey Announces Unsecured Revolving Credit Facility Extended and Upsized

Revolver Maturity Extended to 2029 and Upsized to $2 Billion Existing €215 million and £270 million Term Loan Maturities Also Extended to 2028 NEW YORK , Dec. 14, 2023 /PRNewswire/ -- W. P. Carey Inc....

4 months ago - PRNewsWire

KBW Announces Index Rebalancing for Fourth-Quarter 2023

NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...

5 months ago - GlobeNewsWire

W. P. Carey Announces Quarterly Dividend of $0.860 per Share

Reflects Company's Strategic Exit from Office NEW YORK , Dec. 7, 2023  /PRNewswire/ -- W. P. Carey Inc. (W.

5 months ago - PRNewsWire

Carlyle Group and WP Carey Set to Join S&P MidCap 400; Others to Join S&P SmallCap 600

NEW YORK, Nov. 27, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Thursday, November 30...

Other symbols: BANCCWENSPGIWOR
5 months ago - PRNewsWire

INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against W. P. Carey Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 22, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of W. P. Carey I...

5 months ago - Accesswire

W. P. Carey Announces Third Quarter 2023 Financial Results

NEW YORK, Nov. 3, 2023 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) (W.

6 months ago - PRNewsWire

W. P. Carey Announces Completion of Spin-Off of Net Lease Office Properties

NLOP Common Shares to Begin "Regular Way" Trading on the NYSE on November 2, 2023 NEW YORK , Nov. 1, 2023 /PRNewswire/ -- W. P. Carey Inc. (W.

6 months ago - PRNewsWire

W. P. Carey to Release Third Quarter 2023 Financial Results on Friday, November 3, 2023

Conference Call Scheduled for 10:00 a.m. Eastern Time NEW YORK , Oct. 20, 2023 /PRNewswire/ -- W.

6 months ago - PRNewsWire

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against W. P. Carey Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / October 11, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of W. P. Carey In...

7 months ago - Accesswire

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against W. P. Carey Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / October 10, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of W. P. Carey In...

7 months ago - Accesswire

W. P. Carey Announces Record and Distribution Dates for Spin-Off of Net Lease Office Properties

Distribution Ratio Set at 1 NLOP Share for Every 15 W. P. Carey Shares NEW YORK , Oct. 6, 2023 /PRNewswire/ -- W.

7 months ago - PRNewsWire

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against W. P. Carey Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / September 27, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of W. P. Carey ...

7 months ago - Accesswire

W.P Carey stock price has nosedived: don't buy the dip for now

W.P Carey (NYSE: WPC) stock price has been in a strong freefall in the past few months. This sell-off gained steam this month when the company made huge changes to its business and effectively slashed...

7 months ago - Invezz