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WPC

WPC - WP Carey Inc Stock Price, Fair Value and News

56.22USD+1.57 (+2.87%)Market Closed

Market Summary

WPC
USD56.22+1.57
Market Closed
2.87%

WPC Stock Price

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WPC RSI Chart

WPC Valuation

Market Cap

12.3B

Price/Earnings (Trailing)

17.36

Price/Sales (Trailing)

7.06

EV/EBITDA

12.24

Price/Free Cashflow

11.45

WPC Price/Sales (Trailing)

WPC Profitability

Operating Margin

99.98%

EBT Margin

43.20%

Return on Equity

8.14%

Return on Assets

3.94%

Free Cashflow Yield

8.73%

WPC Fundamentals

WPC Revenue

Revenue (TTM)

1.7B

Rev. Growth (Yr)

2.44%

Rev. Growth (Qtr)

-8.05%

WPC Earnings

Earnings (TTM)

708.3M

Earnings Growth (Yr)

-31.14%

Earnings Growth (Qtr)

15.4%

Breaking Down WPC Revenue

Last 7 days

2.3%

Last 30 days

-0.2%

Last 90 days

-14.4%

Trailing 12 Months

-22.5%

How does WPC drawdown profile look like?

WPC Financial Health

Debt/Equity

0.94

Debt/Cashflow

0.13

WPC Investor Care

Dividend Yield

7.23%

Dividend/Share (TTM)

4.07

Shares Dilution (1Y)

3.82%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.6B1.7B1.7B1.7B
20221.4B1.4B1.5B1.5B
20211.2B1.2B1.3B1.3B
20201.2B1.2B1.2B1.2B
2019982.2M1.1B1.2B1.2B
2018831.1M810.7M809.3M885.7M
2017890.4M894.6M880.1M848.3M
2016988.2M967.4M978.0M941.5M
2015919.6M904.3M922.0M938.4M
2014593.0M734.2M798.6M908.4M
2013394.6M444.4M511.7M489.9M
2012319.2M264.8M253.5M352.4M
2011280.8M329.7M349.4M331.3M
2010226.8M241.5M239.2M265.4M
20090231.1M227.5M223.9M
2008000234.7M
GRUFITY'S FAIR VALUE MODEL

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Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

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Tracking the Latest Insider Buys and Sells of WP Carey Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 05, 2024
alexander mark a
acquired
36,201
55.27
655
-
Apr 05, 2024
gass rhonda
acquired
27,469
55.27
497
-
Apr 01, 2024
gass rhonda
acquired
-
-
780
-
Feb 15, 2024
gordon brooks g.
sold (taxes)
-161,070
57.3
-2,811
managing director
Feb 15, 2024
sanzone toniann
sold (taxes)
-293,777
57.3
-5,127
cfo
Feb 15, 2024
fox jason e.
sold (taxes)
-1,717,910
57.3
-29,981
ceo
Feb 15, 2024
zander brian h
sold (taxes)
-22,518
57.3
-393
chief accounting officer
Feb 15, 2024
park john j
sold (taxes)
-687
57.3
-12.00
president
Feb 06, 2024
gordon brooks g.
acquired
-
-
15,891
managing director
Feb 06, 2024
park john j
acquired
-
-
31,312
president

1–10 of 50

Which funds bought or sold WPC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 18, 2024
Seneca House Advisors
reduced
-0.32
-992,762
6,529,520
2.84%
Apr 18, 2024
FARMERS & MERCHANTS INVESTMENTS INC
unchanged
-
-544
3,669
-%
Apr 18, 2024
WOLFF WIESE MAGANA LLC
added
0.18
-4,545
31,226
0.03%
Apr 18, 2024
Hexagon Capital Partners LLC
unchanged
-
-3,532
23,818
-%
Apr 18, 2024
Kowal Investment Group, LLC
added
44.22
67,535
331,384
0.07%
Apr 18, 2024
MV CAPITAL MANAGEMENT, INC.
reduced
-11.63
-64,063
213,908
0.02%
Apr 18, 2024
Capital Advisors, Ltd. LLC
added
29.17
-
2,000
-%
Apr 18, 2024
Park Place Capital Corp
new
-
1,580
1,580
-%
Apr 18, 2024
Naviter Wealth, LLC
added
17.45
24,999
1,037,990
0.17%
Apr 18, 2024
BARLOW WEALTH PARTNERS, INC.
unchanged
-
-49,682
277,544
0.04%

1–10 of 50

Are Funds Buying or Selling WPC?

Are funds buying WPC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own WPC
No. of Funds

Unveiling WP Carey Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
cohen & steers, inc.
5.21%
11,398,208
SC 13G
Feb 13, 2024
vanguard group inc
14.08%
30,784,040
SC 13G/A
Jan 29, 2024
state street corp
5.92%
12,944,145
SC 13G
Jan 23, 2024
blackrock inc.
12.1%
26,442,290
SC 13G/A
Dec 06, 2023
blackrock inc.
11.9%
25,986,632
SC 13G/A
Feb 09, 2023
vanguard group inc
14.09%
29,309,215
SC 13G/A
Jan 31, 2023
blackrock inc.
7.2%
15,004,666
SC 13G/A
Feb 01, 2022
blackrock inc.
7.6%
14,112,099
SC 13G/A
Feb 10, 2021
vanguard group inc
13.82%
24,234,545
SC 13G/A
Feb 01, 2021
blackrock inc.
7.8%
13,717,916
SC 13G/A

Recent SEC filings of WP Carey Inc

View All Filings
Date Filed Form Type Document
Apr 09, 2024
4
Insider Trading
Apr 09, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Mar 28, 2024
DEF 14A
DEF 14A
Mar 28, 2024
DEFA14A
DEFA14A
Mar 18, 2024
3
Insider Trading
Mar 18, 2024
8-K
Current Report
Feb 27, 2024
8-K
Current Report
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading

Peers (Alternatives to WP Carey Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
79.9B
11.1B
-11.94% -16.63%
58.47
7.17
4.04% -19.43%
41.4B
7.0B
-8.87% -24.96%
27.55
5.92
-0.07% -10.36%
26.2B
2.8B
0.30% 6.36%
28.18
9.45
6.73% -18.30%
19.9B
2.9B
-8.38% -6.65%
191.73
6.89
11.46% -80.13%
12.8B
1.6B
-2.62% 6.17%
29.55
7.95
7.80% 39.39%
10.8B
1.3B
-3.14% -3.60%
29.55
8.15
8.04% -24.50%
9.4B
3.3B
-6.63% 15.11%
49.67
2.89
5.31% -77.32%
MID-CAP
8.3B
1.1B
-1.33% 2.80%
34.93
7.31
5.38% -38.52%
3.3B
884.1M
-10.11% 54.70%
-12.04
3.73
2.90% -314.82%
3.2B
899.4M
-6.40% 107.66%
-5.69
3.57
-0.45% -623.11%
SMALL-CAP
1.3B
441.2M
-2.46% 15.40%
19.75
2.9
4.38% 15.77%
1.1B
198.2M
1.56% -2.62%
-7.2
5.71
-43.33% -270.70%
1.1B
605.6M
-9.30% 1.07%
13.28
1.76
25.53% 134.62%
635.9M
258.7M
-4.65% -31.33%
-13.07
2.46
0.11% 83.70%
399.3M
277.9M
-12.53% -21.90%
-25.18
1.44
44.33% 96.06%

WP Carey Inc News

Latest updates
Yahoo Movies UK • 23 hours ago
Yahoo Movies Canada • 16 Apr 2024 • 11:24 pm
Seeking Alpha • 15 Apr 2024 • 07:31 am
Seeking Alpha • 05 Apr 2024 • 07:00 am
Seeking Alpha • 26 Mar 2024 • 07:00 am

WP Carey Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-8.1%412449453428403384344348375326320311307302291309311318305298273
Cost Of Revenue-52.6%0.000.000.000.000.000.001.001.001.001.001.001.001.001.002.004.004.005.004.004.005.00
Costs and Expenses10.3%283257232247235247187199201188171167178162158193176198179178185
  S&GA Expenses-7.4%22.0023.0025.0026.0023.0022.0021.0023.0020.0020.0020.0022.0018.0019.0017.0021.0017.0017.0020.0021.0017.00
EBITDA Margin-4.4%0.93*0.97*0.98*1.00*0.91*0.84*0.88*0.89*0.83*0.89*0.91*0.93*---------
Interest Expenses-6.2%72.0077.0075.0067.0068.0059.0046.0046.0047.0049.0049.0052.0053.0053.0052.0053.0054.0059.0060.0061.0057.00
Income Taxes169.4%14.005.0010.0015.006.008.006.007.005.008.009.006.007.006.008.00-41.6921.004.003.00-2.1311.00
Earnings Before Taxes21.4%15813015531021611313416410514713057.0014215512325.0015146.0069.0067.00207
EBT Margin-7.6%0.43*0.47*0.48*0.50*0.42*0.36*0.39*0.40*0.33*0.38*0.39*0.39*---------
Net Income15.4%14412514529421010512815710013912052.0013514910566.0012941.0066.0068.00193
Net Income Margin-8.9%0.41*0.45*0.45*0.47*0.41*0.34*0.38*0.38*0.31*0.35*0.37*0.36*---------
Free Cashflow-7.7%261282248283301256211236301227210188---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-3.5%17,97718,63019,07618,83218,10217,77515,45415,57015,48115,13515,23214,54914,70814,19013,95613,89014,06114,08414,19214,15614,183
    Cash Equivalents364.6%634136204148168250200259165182218284312223204284252389262306424
  Goodwill-5.4%9781,0341,0371,0381,0371,023891900902904907906911904899930935931920919921
Liabilities-2.3%9,2709,4859,8299,5139,0938,9617,8137,8757,8977,7487,9317,6587,8297,3007,1547,1177,1137,1197,2017,1387,353
  Long Term Debt-1.7%8,1448,2888,6168,2587,8787,7836,7666,7786,7926,6756,8166,5206,6966,2346,1226,1226,0546,0976,1776,1236,379
Shareholder's Equity-4.8%8,7009,1349,2479,3198,9948,8147,6417,6957,5837,3877,3016,8906,8786,8896,8026,7736,9486,9646,9917,0186,830
  Additional Paid-In Capital-1.6%11,78411,97111,95911,94911,70711,51010,20210,1529,9789,6949,5429,0618,9258,9208,8158,7128,7188,7128,5768,4838,187
Shares Outstanding2.2%219214214214211196193192182181178177---------
Minority Interest-39.7%7.0011.0016.0018.0015.0015.002.002.002.002.002.002.002.002.002.002.006.006.006.006.006.00
Float---14,400---15,900---13,700---11,700---13,800--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-7.7%260,745282,353247,607282,727301,028255,645211,001235,882301,083226,649210,303188,444244,954216,533160,354179,697234,592249,325185,314142,846139,407
  Share Based Compensation-4.8%8,6669,1009,0007,7669,6835,5009,8007,8336,0914,4009,0005,3815,7484,6002,9002,6614,9814,7004,9004,1653,891
Cashflow From Investing-200.2%-113,357113,092-318,346-587,272-33,106-458,900-331,471-229,054-513,461-167,385-809,415-76,466-262,081-75,480-92,539-109,832-101,515-113,903-153,192-154,163195,412
Cashflow From Financing169.3%321,982-464,941128,347307,174-306,170257,52670,83435,697251,183-93,083531,728-132,780100,687-127,844-151,013-32,543-277,048921-76,934-104,717-129,154
  Dividend Payments0.2%230,367229,992229,474226,697221,955205,574204,597203,131197,041194,655187,159185,426184,098182,241180,342180,274179,402177,545176,041171,408110,879

WPC Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Real Estate:   
Lease revenues$ 1,427,376$ 1,301,617$ 1,177,438
Income from finance leases and loans receivable107,17374,26667,555
Investment Management:   
Total revenues1,741,3581,479,0861,331,524
Operating Expenses   
Depreciation and amortization574,212503,403475,989
General and administrative96,02788,95281,888
Operating property expenses95,14127,0549,848
Impairment charges — real estate86,41139,11924,246
Reimbursable tenant costs81,93973,62262,417
Property expenses, excluding reimbursable tenant costs44,45150,75347,898
Stock-based compensation expense34,50432,84124,881
Merger and other expenses4,95419,387(4,546)
Reimbursable costs from affiliates3682,5184,035
Impairment charges — Investment Management goodwill029,3340
Total operating expenses1,018,007866,983726,656
Other Income and Expenses   
Gain on sale of real estate, net315,98443,47640,425
Interest expense(291,852)(219,160)(196,831)
Other gains and (losses)(36,184)96,038(12,885)
Non-operating income21,44230,30913,860
Earnings (losses) from equity method investments19,57529,509(10,829)
Gain on change in control of interests033,9310
Total other income and expenses28,96514,103(166,260)
Income before income taxes752,316626,206438,608
Provision for income taxes(44,052)(27,724)(28,486)
Net Income708,264598,482410,122
Net loss (income) attributable to noncontrolling interests70657(134)
Net Income Attributable to W. P. Carey$ 708,334$ 599,139$ 409,988
Basic Earnings Per Share (usd per share)$ 3.29$ 3.00$ 2.25
Diluted Earnings Per Share (usd per share)$ 3.28$ 2.99$ 2.24
Weighted-Average Shares Outstanding   
Basic (in shares)215,369,777199,633,802182,486,476
Diluted (in shares)215,760,496200,427,124183,127,098
Real Estate   
Real Estate:   
Lease revenues$ 1,427,376$ 1,301,617$ 1,177,438
Operating property revenues180,25759,23013,478
Other lease-related income23,33332,98853,655
Investment Management:   
Operating property revenues180,25759,23013,478
Total revenues1,738,1391,468,1011,312,126
Operating Expenses   
Impairment charges — Investment Management goodwill 0 
Investment Management   
Real Estate:   
Operating property revenues3,21910,98519,398
Investment Management:   
Operating property revenues3,21910,98519,398
Operating Expenses   
Impairment charges — Investment Management goodwill 29,334 
Investment Management | Asset management revenue   
Real Estate:   
Operating property revenues2,1848,46715,363
Investment Management:   
Operating property revenues2,1848,46715,363
Investment Management | Other advisory income and reimbursements   
Real Estate:   
Operating property revenues66700
Investment Management:   
Operating property revenues66700
Investment Management | Reimbursable costs from affiliates   
Real Estate:   
Operating property revenues3682,5184,035
Investment Management:   
Operating property revenues$ 368$ 2,518$ 4,035

WPC Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Investments in real estate:  
Land, buildings and improvements — net lease and other$ 12,095,458$ 13,338,857
Land, buildings and improvements — operating properties1,256,2491,095,892
Net investments in finance leases and loans receivable1,514,923771,761
In-place lease intangible assets and other2,308,8532,659,750
Above-market rent intangible assets706,773833,751
Investments in real estate17,882,25618,700,011
Accumulated depreciation and amortization(3,005,479)(3,269,057)
Assets held for sale, net37,12257,944
Net investments in real estate14,913,89915,488,898
Equity method investments354,261327,502
Cash and cash equivalents633,860167,996
Other assets, net1,096,4741,080,227
Goodwill978,2891,037,412
Total assets[1]17,976,78318,102,035
Debt:  
Senior unsecured notes, net6,035,6865,916,400
Unsecured term loans, net1,125,564552,539
Unsecured revolving credit facility403,785276,392
Non-recourse mortgages, net579,1471,132,417
Debt, net8,144,1827,877,748
Accounts payable, accrued expenses and other liabilities615,750623,843
Below-market rent and other intangible liabilities, net136,872184,584
Deferred income taxes180,650178,959
Dividends payable192,332228,257
Total liabilities[1]9,269,7869,093,391
Commitments and contingencies (Note 13)
Preferred stock, $0.001 par value, 50,000,000 shares authorized; none issued00
Common stock, $0.001 par value, 450,000,000 shares authorized; 218,671,874 and 210,620,949 shares, respectively, issued and outstanding219211
Additional paid-in capital11,784,46111,706,836
Distributions in excess of accumulated earnings(2,891,424)(2,486,633)
Deferred compensation obligation62,04657,012
Accumulated other comprehensive loss(254,867)(283,780)
Total stockholders’ equity8,700,4358,993,646
Noncontrolling interests6,56214,998
Total equity8,706,9979,008,644
Total liabilities and equity$ 17,976,783$ 18,102,035
[1]See Note 2 for details related to variable interest entities (“VIEs”).
WPC
Celebrating its 50th anniversary, W. P. Carey ranks among the largest net lease REITs with an enterprise value of approximately $23 billion and a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,475 net lease properties covering approximately 180 million square feet and a portfolio of 85 self-storage operating properties, as of June 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.
 CEO
 WEBSITEwpcarey.com
 INDUSTRYREIT Mortgage
 EMPLOYEES193

WP Carey Inc Frequently Asked Questions


What is the ticker symbol for WP Carey Inc? What does WPC stand for in stocks?

WPC is the stock ticker symbol of WP Carey Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of WP Carey Inc (WPC)?

As of Fri Apr 19 2024, market cap of WP Carey Inc is 12.29 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WPC stock?

You can check WPC's fair value in chart for subscribers.

What is the fair value of WPC stock?

You can check WPC's fair value in chart for subscribers. The fair value of WP Carey Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of WP Carey Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WPC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is WP Carey Inc a good stock to buy?

The fair value guage provides a quick view whether WPC is over valued or under valued. Whether WP Carey Inc is cheap or expensive depends on the assumptions which impact WP Carey Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WPC.

What is WP Carey Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, WPC's PE ratio (Price to Earnings) is 17.36 and Price to Sales (PS) ratio is 7.06. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WPC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on WP Carey Inc's stock?

In the past 10 years, WP Carey Inc has provided 0.043 (multiply by 100 for percentage) rate of return.