W.P. Carey Inc. (WPC)
Market Cap | 12.02B |
Revenue (ttm) | 1.21B |
Net Income (ttm) | 455.36M |
Shares Out | 174.50M |
EPS (ttm) | 2.60 |
PE Ratio | 26.36 |
Forward PE | n/a |
Dividend | $4.17 |
Dividend Yield | 6.09% |
Trading Day | February 26 |
Last Price | $68.54 |
Previous Close | $69.95 |
Change ($) | -1.41 |
Change (%) | -2.02% |
Day's Open | 70.00 |
Day's Range | 68.52 - 70.34 |
Day's Volume | 1,179,324 |
52-Week Range | 36.22 - 79.42 |
With a generous yield and a long, successful history behind it, W. P. Carey has proven its ability to survive and thrive.
NEW YORK, Feb. 22, 2021 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC), today announced that it will redeem all of its outstanding 2.000% Senior Notes due 2023 (CUSIP No. 92936UAB5) (the "2023 N...
NEW YORK, Feb. 22, 2021 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) announced today that it has priced an underwritten public offering of €525 million aggregate principal amount of 0.950% Sen...
NEW YORK, Feb. 16, 2021 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) announced today that it has priced an underwritten public offering of $425 million aggregate principal amount of 2.250% Sen...
These dividend stocks all boast yields over 5%, as well as a history of raising their dividends annually. Watch them if you're after income.
W.P. Carey (WPC) delivered FFO and revenue surprises of 1.69% and 2.16%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, Feb. 12, 2021 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) (W. P. Carey or the Company), a net lease real estate investment trust, today reported its financial results for the fourth...
NEW YORK, Feb. 11, 2021 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC), a leading net lease REIT specializing in corporate sale-leasebacks, build-to-suits and the acquisition of single-tenant ne...
While W. P. Carey's (WPC) Q4 results will reflect gains from its high-quality diversified portfolio and strategic investments, choppiness in certain real estate categories is a concern.
Looking for a high-yield stock to add income to your retirement portfolio? These two landlords should be high up on your list.
Surviving storms isn't anything new for this well-diversified REIT, which is why I won't sweat the next market crash.
How do dividend yields of 2.4%, 6.2%, and 8.4% sound?
NEW YORK, Jan. 29, 2021 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC), a net lease real estate investment trust, announced today that it will release its financial results for the fourth quarte...
NEW YORK, Jan. 28, 2021 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) announced the income tax treatment of dividends reported on Form 1099-DIV for 2020. Stockholders are encouraged to consult ...
NEW YORK, Jan. 27, 2021 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC), a leading net lease REIT specializing in corporate sale-leasebacks, build-to-suits and the acquisition of single-tenant ne...
Former baseball player Sam Ewing said, “Inflation is when you pay $15 for the $10 haircut you used to get for five dollars when you had hair.”. According to Nareit, “REIT dividends have outpac...
We first discuss the likely pattern of price inflation in the US, whenever it occurs. We also discuss how to think about what interest rates will do in response.
Now let me tell you what's in my wallet (my REIT wallet, that is), and I'll highlight my four largest REIT holdings. Over the years, we've continued to increase exposure to these names while c...
These are the REITs with the best value, fastest growth, and most momentum for February 2021.
Since the early 1990s, U.S. REITs have averaged about 23% annual returns during economic recoveries – compared with the S&P 500's 11%. They're coming off a period of meaningful underperformanc...
This net-lease REIT could be one of the best all-around dividend stocks in the market.
NEW YORK, Jan. 11, 2021 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC), a leading net lease REIT specializing in corporate sale-leasebacks, build-to-suits and the acquisition of single-tenant ne...
WPC and EPD offer investors two of the safest high yields on the market today and also sell at compelling values. WPC boasts a 22-year dividend growth streak supported by a BBB balance sheet a...
The Rose Dividend 90+ Stock Portfolio December Review: Yield 4.7%
Pandemic-stricken 2020 was bad news for most property sectors, but some still managed to shine. Here's what you need to know.
This dividend-paying trio should provide investors with a growing income stream in 2021.
2021 could be a year in which value stocks outperform. Income potential remains a key theme for 2021 and beyond, as interest rates remain at record lows.
When considering net-lease REITs, investors often default to Realty Income. Here's why W.P.
Dividend Changes: December 19-25, 2020
My portfolio allocation strategy is different from most investors in that I underweight regular stocks and bonds. I believe that alternative asset classes offer much better risk-to-reward as w...
These are the REITs with the best value, fastest growth, and most momentum for January 2021.
The pandemic will soon be under control, and we expect the narrative to shift in the REIT market. The COVID-19 fears will fade away, and yield-starved investors will rush back to the REIT mark...
As a former real estate developer turned real estate investment trust (REIT) analyst, I'm trained to analyze risk. That's especially true in these continuing COVID-19 times.
REIT investing can be very rewarding, but if done poorly, it also can lead to disastrous results. Despite being bullish on REITs, we only invest in one out of 10 on average. Most REITs have is...
The reason I'll never sell this REIT may sound simple, but there's so much more to the story of what makes this a great stock.
Triple-net REITs continue to thrive in today's low-interest rate environment.
We Are Selling A Few REITs
I'm currently in the process of writing my predictions for 2021. As you can imagine, this forecast is going to be like no other.
When pundits in the financial media warn that interest rates are going higher and to look out, longtime investors laugh and think back to the days before the financial crisis in 2007, when the...
If you are looking for reliable dividend stocks, this trio should be on your short list. From dividend growth to high yield, it's all here.
NEW YORK, Dec. 9, 2020 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $1.046 per share, equivalent to an annua...
In trading on Wednesday, shares of W.P. Carey were yielding above the 6% mark based on its quarterly dividend (annualized to $4.176), with the stock changing hands as low as $69.03 on the day.
I added to STOR, SPG and WPC in November. I did not add to O but remain happy with my position.
While the market might be near an all-time high, these stocks are still cheap.
With the volatility in stocks, more and more investors have been getting interested in rental properties. However, managing your own properties comes with a lot of headaches and expenses.
If you're ready to live off your nest egg, these two high-yield stocks should be on your radar screen. Here's what you need to get started.
Prices have gone up, and as a result, yields have come down. The major REIT ETFs pay just around 3.5%. We aim to earn double of that.
This trio of high-yield stocks could help you generate extra income today, and provide upside potential when investors realize their strengths.
When the market collapsed in March, we had our wish list ready to go. Today, we take a look at a REIT that was at the top of that list.
About WPC
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 1,215 net lease properties covering approximately 142 million square feet as of September 30, 2020. For nearly five 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.... [Read more...]
Industry REIT-Diversified | IPO Date Jan 21, 1998 |
CEO Jason Fox | Employees 188 |
Stock Exchange NYSE | Ticker Symbol WPC |
Financial Performance
In 2020, W.P. Carey's revenue was $1.21 billion, a decrease of -1.90% compared to the previous year's $1.23 billion. Earnings were $455.36 million, an increase of 49.18%.
Analyst Forecasts
According to 9 analysts, the average rating for W.P. Carey stock is "Buy." The 12-month stock price forecast is 75.38, which is an increase of 9.98% from the latest price.