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W P Carey Inc   (WPC)
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Price: $56.9400 $-0.46 -0.801%
Day's High: $57.63 Week Perf: 1.9 %
Day's Low: $ 56.85 30 Day Perf: -13.28 %
Volume (M): 1,165 52 Wk High: $ 83.31
Volume (M$): $ 66,346 52 Wk Avg: $66.15
Open: $57.26 52 Wk Low: $51.36



 Market Capitalization (Millions $) 12,297
 Shares Outstanding (Millions) 216
 Employees 310
 Revenues (TTM) (Millions $) 1,741
 Net Income (TTM) (Millions $) 708
 Cash Flow (TTM) (Millions $) 468
 Capital Exp. (TTM) (Millions $) 1,211

W P Carey Inc
W P Carey Inc is a real estate investment trust (REIT) that specializes in investing in commercial properties. The company was founded in 1973 and is headquartered in New York City. W P Carey has a market capitalization of over $12 billion and owns or manages over 1,200 properties, totaling approximately 142 million square feet.

The company's investment strategy is centered around acquiring and managing income-producing commercial properties, such as office buildings, industrial facilities, warehouses, retail sites, and self-storage units. W P Carey has a diversified portfolio of properties across various industries and geographies, including North America, Europe, and Asia.

In addition to its property investments, W P Carey provides sale-leaseback financing to tenants, helping them to generate cash while retaining operation control on property. The company utilizes a triple-net-lease structure with its tenants, which means that the tenant pays for all taxes, insurance, and maintenance on the property.

W P Carey is highly focused on providing consistent and reliable returns to investors. It distributes quarterly dividends to shareholders and has a history of increasing its dividend payment each year. The company manages its portfolio for long-term growth, and its investment strategy is designed to provide stable cash flow and capital appreciation to its investors.

The management team at W P Carey is highly experienced and includes some of the best financial minds in the industry. The company's executive team has a deep understanding of the real estate market, allowing it to identify attractive investment opportunities and manage risk effectively.

Overall, W P Carey is a well-diversified and well-managed real estate investment trust that provides stable and reliable returns to its investors. With its focused investment strategy, experienced management team, and extensive property portfolio, the company is a leader in the commercial property sector.


   Company Address: One Manhattan West, 395 9th Avenue, 58th Floor New York, 10001 NY
   Company Phone Number: 492-1100   Stock Exchange / Ticker: NYSE WPC
   


   

Stock Performances by Major Competitors

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W P Carey Inc

W P Carey Inc Suffers Earnings Contraction as Revenue Surges in Q4 2023

Investors in W P Carey Inc may have cause for concern as the company reported a revenue rise of only 2.436% in the fiscal fourth quarter of 2023, which was unable to prevent a significant income contraction of -32% compared to the same reporting season a year prior. With revenue at $412.44 million and earnings per share at $0.62, the company fell short compared to its peers in the Real Estate Investment Trusts sector, who announced a top-line rise of 8.07% and an income improvement of 7.51% from the previous year.
Despite efforts to improve sales in the fiscal fourth quarter of 2023, W P Carey Inc saw its net margin ease to 34.97% and operating earnings fall by -26.77%, resulting in a lower operating margin of 39.56%. Looking at the full fiscal year 2023, the company disclosed revenue of $1.74 billion and net earnings of $708.26 million, with income improving by 9.7% and revenue increasing by 17.73% compared to the prior fiscal year.

W P Carey Inc

W. P. Carey Inc. Achieves Impressive Revenue Rise in Q3 2023, but Profit Margins Raise Concerns

Bearish Outlook for W. P. Carey Inc. Despite Revenue Rise
W. P. Carey Inc. recently reported double-digit revenue growth of 16.926% to $448.55 million in the third quarter of 2023. While this may seem impressive at first glance, a closer look reveals that the company's earnings only rose by a modest 13.73% to $0.58 per share during the same period. This discrepancy suggests that the company's profit margins are not keeping pace with its revenue growth, and raises concerns about the sustainability of this growth in the long term.
Comparing W. P. Carey Inc. to other companies in the Real Estate Investment Trusts (REITs) sector, it is evident that the company's revenue growth outperformed the industry average of 4.22%. However, it should be noted that this comparison is based on a relatively small sample size, and may not accurately reflect the company's overall performance within the sector.

W P Carey Inc

W P Carey Inc. Outshines Its Peers with Stellar Financial Performance in Q2 2023

W P Carey Inc, a Real Estate Investment Trusts (REITs) company, experienced mixed results in the April to June 30, 2023 fiscal time-frame. While the bottom-line grew modestly by 1.52% to $0.67 per share compared to $0.66 a year ago, profit plummeted by -51.8% from $1.39 per share in the previous quarter.
Despite the dip in profit, the company saw a significant increase in revenue. The revenue jumped by 31.412% to $452.58 million from $344.40 million in the same quarter a year ago. Additionally, sequentially, revenue surged by 5.794% from $427.79 million. This growth in revenue outpaced most of the company's industry peers in the REITs sector. During the second quarter of 2023, two-thirds of entities in the REITs industry saw a top-line growth of 19.90% compared to Q2 of 2022.






 

W P Carey Inc's Segments
 
 
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W P Carey Inc does not provide revenue guidance.

Earnings Outlook
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Geographic Revenue Dispersion




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