W. P. Carey Inc. (WPC)
| Market Cap | 12.89B |
| Revenue (ttm) | 1.64B |
| Net Income (ttm) | 571.45M |
| Shares Out | 218.85M |
| EPS (ttm) | 2.61 |
| PE Ratio | 22.58 |
| Forward PE | 28.31 |
| Dividend | $3.50 (5.94%) |
| Ex-Dividend Date | Sep 30, 2024 |
| Volume | 1,131,054 |
| Open | 59.89 |
| Previous Close | 60.01 |
| Day's Range | 58.83 - 60.20 |
| 52-Week Range | 50.54 - 67.40 |
| Beta | 0.96 |
| Analysts | Hold |
| Price Target | 62.33 (+5.84%) |
| Earnings Date | Oct 29, 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]
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 11 analysts, the average rating for WPC stock is "Hold." The 12-month stock price forecast is $62.33, which is an increase of 5.84% from the latest price.
News
W. P. Carey: Discounted Status Triggers Rich Dividends And Upside Potential
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W. P. Carey Is A Buy Under This Condition
For investors who are indifferent about WPC's last year's communication regarding the exit from the office property sector, WPC may be one of the best picks in the REIT sector. The article was written...
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W. P. Carey to Release Third Quarter 2024 Financial Results on Tuesday, October 29, 2024
Conference Call Scheduled for Wednesday, October 30, 2024 at 11:00 a.m. Eastern Time NEW YORK , Oct. 15, 2024 /PRNewswire/ -- W.
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W. P. Carey Increases Quarterly Dividend to $0.875 per Share
NEW YORK , Sept. 19, 2024 /PRNewswire/ -- W.
10 Sweet REITs: Yield Up To 6.6%
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W.P. Carey: The Good, The Bad, And The Ugly
W.P. Carey successfully transitioned by shedding office properties, raising nearly $2B for debt reduction and new investments, with minimal projected impact on cash flow from operations. Concerns aris...
Billionaire Investor Warns Of 'Worst Outcome' Economy Possible: Our Approach
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If I Could Only Hold 5 REITs Over The Next Decade
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W. P. Carey Is Just Getting Started
June this year, I wrote a bullish piece on WPC arguing that the market was not valuing the stock properly. The largest disconnect was that the market assigned a multiple to WPC that is similar or even...
W.P. Carey: A 6%-Yielding REIT Growth Play
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If I Was Retiring In 10-20 Years With 10 REITs - Part 1
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How I Would Invest $100,000 For Big Dividends In September 2024
I discuss which areas of the market are most opportunistic for generating high yield income right now. I share some of my top picks within those sectors. I also share how I would deploy $100,000 of ne...
W. P. Carey: The 6% Yield Is Safe
W. P. Carey Inc. spun off its office properties, resulting in a streamlined portfolio with a safe 6% dividend yield. The REIT covered its $0.87 per share dividend with funds from operations, boasting ...
10 Stocks And 5 Funds For A Powerful Dividend Snowball
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