What Facts Should You Know About W. P. Carey?

Shares of Real Estate sector company W. P. Carey moved -2.1% today, and are now trading at a price of $66.23. The large-cap stock's daily volume was 980,894 compared to its average volume of 1,055,079. The S&P 500 index returned a -1.0% performance.

Celebrating its 50th anniversary, W. P. Carey ranks among the largest net lease REITs with an enterprise value of approximately $24 billion and a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,449 net lease properties covering approximately 176 million square feet and a portfolio of 84 self-storage operating properties, as of December 31, 2022. 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. The company is based in New York and has 193 full time employees. Its market capitalization is $14,421,215,232. W. P. Carey currently offers its equity investors a dividend that yields 6.3% per year.

9 analysts are following W. P. Carey and have set target prices ranging from $74.0 to $88.0 per share. On average, they have given the company a rating of hold. At today's prices, WPC is trading -17.67% away from its average analyst target price of $80.44 per share.

Over the last year, WPC shares have gone down by -21.1%, which represents a difference of -33.0% when compared to the S&P 500. The stock's 52 week high is $89.63 per share and its 52 week low is $66.1. With average free cash flows of $885.91 Million that have been growing at an average rate of 5.4% over the last 4 years, W. P. Carey declining stock performance may not be reflective of the quality of its underlying business.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cashflow ($ k) YoY Growth (%)
2022-12-31 1,003,556 n/a 1,003,556 8.32
2021-12-31 926,479 n/a 926,479 15.59
2020-12-31 801,538 n/a 801,538 -1.3
2019-12-31 812,077 n/a 812,077 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.