What the Smart Investors Know About W. P. Carey

Shares of W. P. Carey have moved 0.7% today, and are now trading at a price of $65.21. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 486,646 compared to the stock's average volume of 2,497,221.

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, United States the company has 193 full time employees and a market cap of $14,259,601,408. W. P. Carey currently offers its equity investors a dividend that yields 6.6% per year.

The company is now trading 7.68% away from its average analyst target price of $60.56 per share. The 9 analysts following the stock have set target prices ranging from $52.0 to $66.0, and on average give W. P. Carey a rating of hold.

Over the last 12 months WPC shares have declined by -18.1%, which represents a difference of -38.9% when compared to the S&P 500. The stock's 52 week high is $84.17 per share and its 52 week low is $50.3. With its net margins declining an average -1.2% over the last 0 years, W. P. Carey declining profitability gives us reason to believe its stock price will continue to underwhelm.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 1,731,550 773,578 45 9.76
2022 1,479,086 599,139 41 32.26
2021 1,331,524 410,122 31 -20.51
2020 1,209,319 465,955 39 56.0
2019 1,232,766 306,544 25 -47.92
2018 885,732 424,341 48
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.