W.P. Carey Inc. (WPC)
Stock Price:
$72.83 USD
-0.25 (-0.34%)
Updated Aug 11, 2020 4:00 PM EDT - Market closed
Key Info
| Market Cap |
12.67B |
| Revenue (ttm) |
1.23B |
| Net Income (ttm) |
342.10M |
| Shares Out |
173.91M |
| EPS (ttm) |
1.98 |
| PE Ratio |
36.78 |
| Forward PE |
n/a |
| Dividend |
$4.17 |
| Dividend Yield |
5.73% |
Stock Quote
| Trading Day |
Aug 11, 2020 |
| Last Price |
$72.83 |
| Previous Close |
$73.08 |
| Change ($) |
-0.25 |
| Change (%) |
-0.34% |
| Day's Open |
73.94 |
| Day's Range |
72.66 - 74.18 |
| Day's Volume |
882,611 |
| 52-Week Range |
38.62 - 93.62 |
More Stats
| Market Cap |
12.67B |
| Enterprise Value |
18.65B |
| Earnings Date (est) |
Oct 30, 2020 |
| Ex-Dividend Date |
Jun 29, 2020 |
| Shares Outstanding |
173.91M |
| Float |
171.91M |
| EPS (basic) |
1.98 |
| EPS (diluted) |
1.98 |
| FCF / Share |
1.87 |
| Dividend |
$4.17 |
| Dividend Yield |
5.73% |
| Earnings Yield |
2.72% |
| FCF Yield |
2.56% |
| Payout Ratio |
209.90% |
| Shares Short |
3.28M |
| Short Ratio |
2.04 |
| Short % of Float |
2.26% |
| Beta |
0.78 |
| PE Ratio |
36.78 |
| Forward PE |
n/a |
| P/FCF Ratio |
39.01 |
| PS Ratio |
10.30 |
| PB Ratio |
1.87 |
| Revenue |
1.23B |
| Operating Income |
573.93M |
| Net Income |
342.10M |
| Free Cash Flow |
324.71M |
| Net Cash |
-5.99B |
| Net Cash / Share |
-34.42 |
| Gross Margin |
91.78% |
| Operating Margin |
46.69% |
| Profit Margin |
27.80% |
| FCF Margin |
26.42% |
| ROA |
2.70% |
| ROE |
5.13% |
| ROIC |
2.90% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (10)
| Buy |
3 |
| Overweight |
1 |
| Hold |
6 |
| Underweight |
0 |
| Sell |
0 |
Analyst Consensus: Overweight
Price Target
$73.33*
(0.69% upside)
Low
56.0
Current: $72.83
High
80.0
Target: 73.33
*Average 12-month price target from 9 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 1,233 | 886 | 848 | 942 | 938 | 908 | 490 | 352 | 310 | 261 |
| Revenue Growth | 39.18% | 4.41% | -9.9% | 0.34% | 3.3% | 85.45% | 39.02% | 13.77% | 18.82% | - |
| Gross Profit | 1,148 | 834 | 787 | 773 | 785 | 688 | 378 | 224 | 236 | 184 |
| Operating Income | 574 | 409 | 432 | 320 | 358 | 271 | 137 | 52.87 | 123 | 91.62 |
| Net Income | 305 | 412 | 277 | 268 | 172 | 240 | 98.88 | 62.13 | 139 | 73.97 |
| Shares Outstanding | 171 | 117 | 108 | 107 | 106 | 98.76 | 68.69 | 47.39 | 39.82 | 39.51 |
| Earnings Per Share | 1.78 | 3.49 | 2.56 | 2.49 | 1.61 | 2.39 | 1.41 | 1.28 | 3.42 | 1.86 |
| EPS Growth | -49% | 36.33% | 2.81% | 54.66% | -32.64% | 69.5% | 10.16% | -62.57% | 83.87% | - |
| Dividend Per Share | 4.14 | 4.09 | 4.01 | 3.93 | 3.83 | 3.69 | 2.63 | 2.44 | 2.18 | 2.03 |
| Dividend Growth | 1.22% | 2% | 2.06% | 2.69% | 3.69% | 40.3% | 7.79% | 11.93% | 7.39% | - |
| Operating Cash Flow | 812 | 509 | 521 | 547 | 509 | 399 | 208 | 80.64 | 80.12 | 86.42 |
| Capital Expenditures | -575 | -396 | 49.72 | -53.71 | -676 | -643 | -108 | 63.06 | -25.04 | -87.43 |
| Free Cash Flow | 237 | 114 | 570 | 493 | -167 | -244 | 99.79 | 144 | 55.08 | -1.01 |
| Cash & Equivalents | 196 | 218 | 162 | 155 | 157 | 199 | 118 | 124 | 29.30 | 64.69 |
| Total Debt | 6,054 | 6,379 | 4,265 | 4,441 | 4,480 | 4,089 | 2,067 | 1,968 | 589 | 397 |
| Net Cash / Debt | -5,858 | -6,161 | -4,103 | -4,285 | -4,323 | -3,890 | -1,950 | -1,844 | -560 | -332 |
| Assets | 14,061 | 14,183 | 8,231 | 8,454 | 8,742 | 8,648 | 4,679 | 4,609 | 1,463 | 1,172 |
| Liabilities | 7,113 | 7,353 | 4,819 | 5,028 | 5,166 | 4,752 | 2,469 | 2,304 | 739 | 499 |
| Book Value | 6,942 | 6,824 | 3,192 | 3,302 | 3,427 | 3,751 | 1,904 | 1,987 | 683 | 625 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
W.P. Carey Inc. |
| Country |
United States |
| Employees |
204 |
| CEO |
Jason E. Fox |
Stock Information
| Ticker Symbol |
WPC |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Real Estate |
| Industry |
REIT—Diversified |
| Unique Identifier |
NYSE: WPC |
| IPO Date |
January 21, 1998 |
Description
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 1,216 net lease properties covering approximately 142 million square feet as of June 30, 2020. For over four 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.S. and Northern and Western Europe and is well-diversified by tenant, property type, geographic location and tenant industry.