More and more people are talking about W. P. Carey over the last few weeks. Is it worth buying the Specialty Real Estate Investment Trust stock at a price of $62.24? Only time will tell. The information below will give you a basic idea of what this investment may entail:
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W. P. Carey has moved -22.0% over the last year, and the S&P 500 logged a change of 13.0%
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WPC has an average analyst rating of hold and is 4.71% away from its mean target price of $59.44 per share
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Its trailing earnings per share (EPS) is $3.64
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W. P. Carey has a trailing 12 month Price to Earnings (P/E) ratio of 17.1 while the S&P 500 average is 15.97
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Its forward earnings per share (EPS) is $2.01 and its forward P/E ratio is 31.0
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The company has a Price to Book (P/B) ratio of 1.46 in contrast to the S&P 500's average ratio of 2.95
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W. P. Carey is part of the Real Estate sector, which has an average P/E ratio of 24.81 and an average P/B of 2.24
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WPC has reported YOY quarterly earnings growth of 13.7% and gross profit margins of 0.9%
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The company has a free cash flow of $634.99 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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Celebrating its 50th anniversary, 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 1,413 net lease properties covering approximately 171 million square feet and a portfolio of 86 self-storage operating properties, pro forma for the Spin-Off of NLOP, as of September 30, 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 long-term net leases with built-in rent escalations.