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WP Carey Inc

WP Carey Inc (WPC)

63.53
0.32
(0.51%)
At close: September 18 4:00PM
63.53
0.00
( 0.00% )
After Hours: 4:36PM

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Key stats and details

Current Price
63.53
Bid
-
Ask
-
Volume
713,828
63.07 Day's Range 64.26
51.36 52 Week Range 67.40
Market Cap
Previous Close
63.21
Open
63.17
Last Trade Time
16:37:56
Financial Volume
$ 45,353,035
VWAP
63.535
Average Volume (3m)
1,019,008
Shares Outstanding
218,847,015
Dividend Yield
5.48%
PE Ratio
19.64
Earnings Per Share (EPS)
3.24
Revenue
1.74B
Net Profit
708.33M

About WP Carey Inc

W.P. Carey Inc is a real estate investment trust principally involved in the ownership of properties located in the U.S., Western Europe, and Northern Europe. W.P. Carey organizes its operations into Real Estate and Investment Management segments. The vast majority of the company's income is derived... W.P. Carey Inc is a real estate investment trust principally involved in the ownership of properties located in the U.S., Western Europe, and Northern Europe. W.P. Carey organizes its operations into Real Estate and Investment Management segments. The vast majority of the company's income is derived from its Real Estate division in the form of lease revenue from long-term agreements with companies. W.P. Carey's real estate portfolio is primarily comprised of single-tenant office, industrial, warehouse, and retail facilities located around the world. The majority of the company's revenue comes from properties in the U.S. W.P. Carey's Investment Management unit generates revenue from the provision of real estate advisory and portfolio management services to other REITs. Show more

Sector
Real Estate Investment Trust
Industry
Real Estate Investment Trust
Headquarters
Baltimore, Maryland, USA
Founded
-
WP Carey Inc is listed in the Real Estate Investment Trust sector of the New York Stock Exchange with ticker WPC. The last closing price for WP Carey was $63.21. Over the last year, WP Carey shares have traded in a share price range of $ 51.36 to $ 67.40.

WP Carey currently has 218,847,015 shares outstanding. The market capitalization of WP Carey is $13.83 billion. WP Carey has a price to earnings ratio (PE ratio) of 19.64.

WPC Latest News

W. P. Carey Foundation commits $25 million to ASU business school, bolsters real estate education

W. P. Carey Foundation commits $25 million to ASU business school, bolsters real estate education PR Newswire TEMPE, Ariz., Aug. 5, 2024 Gift strengthens ongoing partnership with the Foundation...

W. P. Carey Announces Second Quarter 2024 Financial Results

W. P. Carey Announces Second Quarter 2024 Financial Results PR Newswire NEW YORK, July 30, 2024 NEW YORK, July 30, 2024 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) (W. P. Carey or the Company...

W. P. Carey to Release Second Quarter 2024 Financial Results on Tuesday, July 30, 2024

W. P. Carey to Release Second Quarter 2024 Financial Results on Tuesday, July 30, 2024 PR Newswire NEW YORK, July 17, 2024 Conference Call Scheduled for Wednesday, July 31, 2024 at 11:00 a.m...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
11.632.6332794830461.964.2161.4579608362.97465786CS
44.788.1361702127758.7564.2158.1482012061.0575742CS
128.3815.194922937455.1564.2154.14101900858.35125985CS
267.7713.934720229655.7664.2153.09112030857.08681516CS
52-0.63-0.98192019950164.1667.451.36155200558.52912249CS
156-12.01-15.898861530375.5489.6351.36116608168.9172997CS
260-25.47-28.61797752818994.0238.62106489669.82798116CS

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WPC Discussion

View Posts
OldAIMGuy OldAIMGuy 12 months ago
Hi B,
WPC is quite near my next "buy" point, but that price does not include the recent news. I think I'll let some dust settle before I put in my next GTC Limit Order to add shares.
The great shake-out from the Covid Shutdown is still occurring. Dr. Fauci is still out there and not being pursued for his involvement in that scandal.

We'll see what happens next.

Best wishes,
OAG
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bar1080 bar1080 12 months ago
"W. P. Carey: Dividend Gets Whacked"

"W. P. Carey Inc. plans to reposition its portfolio by spinning off some office properties and selling others.
The company believes that getting rid of office properties will improve its organic growth and attract higher valuations from investors.
The strategic repositioning includes a "dividend reset" that will lower the dividend payout, but the dividend yield will still be attractive."

https://seekingalpha.com/article/4636561-w-p-carey-dividend-gets-whacked
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bar1080 bar1080 12 months ago
WPC cuts dividend and dumps office holdings.

"Getting Rid Of Office Properties
W. P. Carey is a real estate investment trust that invests in triple-net leased properties. These are oftentimes acquired in sale-leaseback transactions and have oftentimes very long lease terms and attractive escalators, in many cases inflation-linked (sometimes with a cap). Long lease terms and locked-in escalators are attractive, and the triple-net lease business model is attractive as well, as the tenant is responsible for higher expenses when it comes to taxes, insurance, and so on. These expenses have been rising due to inflation and other factors, but W. P. Carey was insulated from these headwinds."

https://seekingalpha.com/article/4636561-w-p-carey-dividend-gets-whacked
👍️0
bar1080 bar1080 12 months ago
"Careful Share Inventory Management has added nicely to the total return." No comment on the severe meltdown amid higher inflation?

Interesting changes going on at troubled WPC.
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OldAIMGuy OldAIMGuy 2 years ago
Careful Share Inventory Management has added nicely to the total return in WPC.



W.P. Carey (WPC) has been in my "Sandbox Stocks" portfolio for several years now. It's a contributor to cash flow via a dividend of around 6%/yr. It was also chosen, being a REIT, as a place to have some anti-inflation hedge and some slow growth. In other words, Total Return. The histogram shows how it's gone so far.

It's not a hyper trader, but as you see, it's opportunistically been traded. Generally the method is trading the appropriate way on the appropriate side of the 26 Week Moving Average. It has done an excellent job of managing Cash Reserves through time while picking off trades at nice inflection points. Yesterday was the first time it's added shares since Fall of 2020. Two subsequent sales kept the Cash Reserve near my ceiling target of 20% of investment +cash value. Note that the dividends are NOT included in the displayed cash level. Those levels are just from the trades.

As of this latest trade, there are more shares in this holding than were purchased at the Start (+16% more shares). Cash Reserve (exclusive of dividends) is 50% higher than the start.

Total Return = Price Appreciation over time + Dividend Capture over time + Profitable Volatility Capture over time.

OAG Tom
👍️0
peterquinnvet peterquinnvet 2 years ago
Inflation is at its highest level in 40 years. The consumer price index (CPI) surged 7.9% over the last 12 months, the biggest spike since 1982. Unfortunately, the inflation rate might not cool off anytime soon, given the persistent supply chain issues and spiking energy prices following Russia's invasion of Ukraine.

This elevated level of inflation is painful as a consumer. However, some companies benefit from inflation, which can boost returns for their investors. Two inflation-fighting stocks to consider are Brookfield Infrastructure ( BIPC 1.77% )( BIP 1.85% ) and W.P. Carey ( WPC 0.09% ). Both offer attractive dividends along with inflation-powered earnings upside.

https://www.fool.com/investing/2022/03/21/2-dividend-stocks-that-can-help-you-fight-inflatio/
👍️0
whytestocks whytestocks 4 years ago
Breaking News: $WPC 3 Top Dividend Stocks for a Better Retirement

Retiring changes a lot of things, including the way you invest. You switch from building a nest egg to living off of the egg you've amassed. One of the best ways to do that is with reliable dividend stocks like W.P. Carey (NYSE: WPC) , 3M (NYSE: MMM) , and The Southern Com...

Got this from WPC - 3 Top Dividend Stocks for a Better Retirement
👍️0
bar1080 bar1080 6 years ago
Thanks OAG, I see its had quite a spurt lately. Last summer I considered adding a few top quality REITs but never bought one. Spent an evening back then researching WPC.
👍️0
OldAIMGuy OldAIMGuy 6 years ago
WPC has risen nearly 17% from the start of the new year. That helps overall as total return with the dividend is top notch. I consider REITs to be good inflation hedges, too.
👍️0
bar1080 bar1080 6 years ago
Any new thoughts on WPC? I'm looking for a no-gimmick REIT or two to add some non-correlation to my portfolio. I like WPC's long history of sustainable div increases and its durability during the 2008-2009 Great Recession when so many Regulated Investment Companies failed.
👍️0
OldAIMGuy OldAIMGuy 6 years ago
This newer histogram shows EWRE, NRO and VNQ along with WPC:



Similar patterns, different amplitudes..........
👍️0
OldAIMGuy OldAIMGuy 6 years ago
It would appear that the REITs are starting to break their long bottoming cycle.



It's been a long time since the Williams %R value was above -20. We've just crossed through the 130 Day Moving Average with today's up-tick. Other REITs and REIT ETFs are also moving upward, but others have yet to breach their own eMA's.
👍️0
OldAIMGuy OldAIMGuy 6 years ago
There might be some lights on in the Buildings after all:



While not quite back to its 26 week Moving Average, it has started to reverse the flat trend started in February. Two others I follow (VNQ and NRO) are still range bound.
👍️0
OldAIMGuy OldAIMGuy 7 years ago
I was able to add 12% to my position in WPC at $59.46 the other day. Yield at that price was around 6.5%.

Another REIT I own is NRO. On Monday I was able to add 12% to that position, too. Even my REIT ETF, VNQ, has been signaling for a buy. I guess this suggests REITs are out of favor for now.

Value Line shows their 1700 stock universe to have a yield of around 1.9% right now (of all stocks paying a dividend). S&P500 yield isn't much better. I don't care if income providers are over-sold and growth stocks are over-bought. I'll put my $$$ where the income is appropriately distributed because I need income. My motto is "Buy from the Scared, Sell to the Greedy."

Something that isn't discussed much about REITs is that there is a secondary benefit of ownership as an inflation hedge. Yes, interest rates are rising, but with the 20 Year Treasury paying 2.88% currently, it doesn't compete with WPC. Plus, those treasuries don't respond to inflation. So, I'm content to add to my position at times like this.
👍️0
OldAIMGuy OldAIMGuy 7 years ago
Hi Mike, Re: Ownership of WPC shares..............

I've owned WPC off and on for a couple of decades. Great yield, helps with inflation protection and seems to be a very well managed company.



I own REITs as part of an income portfolio. WPC fits well.
👍️0
MikeBK205 MikeBK205 7 years ago
Why doesn't anyone know of this stock?
👍️0
Penny Roger$ Penny Roger$ 13 years ago
~ Tuesday! $WPC ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $WPC ~ Earnings expected on Tuesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=WPC&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=WPC&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=WPC
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=WPC#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=WPC+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=WPC
Finviz: http://finviz.com/quote.ashx?t=WPC
~ BusyStock: http://busystock.com/i.php?s=WPC&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=WPC >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.
👍️0
Penny Roger$ Penny Roger$ 13 years ago
W. P. Carey & Co. LLC (W. P. Carey) provides long-term, sale-leaseback and build-to-suit transactions for companies worldwide, and manages a global investment portfolio. W. P. Carey has two business segments: investment management and real estate ownership. W. P. Carey also earns revenue as the advisor to publicly owned, non-actively traded real estate investment trusts (REITs), which are sponsored by its under the Corporate Property Associates brand name (the CPA REITs) and that invest in similar properties. As of December 31, 2010, it operated as advisor to Corporate Property Associates 14 Incorporated, Corporate Property Associates 15 Incorporated, Corporate Property Associates 16 - Global Incorporated (CPA:16 - Global) and Corporate Property Associates 17 - Global Incorporated (CPA:17 - Global). In May 2011, Energy Transfer Partners, L.P. and Regency Energy Partners acquired LDH Energy Asset Holdings LLC from Louis Dreyfus Highbridge Energy LLC.

http://www.google.com/finance?q=WPC
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