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 |
