W. P. Carey logged a -0.3% change during today's morning session, and is now trading at a price of $62.66 per share. The S&P 500 index moved 0.0%. WPC's trading volume is 241,731 compared to the stock's average volume of 2,454,798.
W. P. Carey trades 4.24% away from its average analyst target price of $60.11 per share. The 9 analysts following the stock have set target prices ranging from $52.0 to $66.0, and on average have given W. P. Carey a rating of hold.
Anyone interested in buying WPC should be aware of the facts below:
-
W. P. Carey has moved -20.3% over the last year, and the S&P 500 logged a change of 15.0%
-
Based on its trailing earnings per share of 3.64, W. P. Carey has a trailing 12 month Price to Earnings (P/E) ratio of 17.2 while the S&P 500 average is 15.97
-
WPC has a forward P/E ratio of 31.2 based on its forward 12 month price to earnings (EPS) of $2.01 per share
-
Its Price to Book (P/B) ratio is 1.47 compared to its sector average of 2.1
-
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.
-
Based in New York, the company has 193 full time employees and a market cap of $13.7 Billion. W. P. Carey currently returns an annual dividend yield of 6.8%.