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

56.80USD-0.97 (-1.68%)Market Closed

Market Summary

USD56.80-0.97

Market Closed

-1.68%

WPC Alerts

Big fall in earnings (Y/Y)

WPC Stock Price

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WPC RSI Chart

WPC Valuation

Market Cap

12.4B

Price/Earnings (Trailing)

21.68

Price/Sales (Trailing)

7.3

EV/EBITDA

13.33

Price/Free Cashflow

6.81

WPC Price/Sales (Trailing)

WPC Profitability

Operating Margin

99.98%

EBT Margin

35.84%

Return on Equity

6.6%

Return on Assets

3.25%

Free Cashflow Yield

14.69%

WPC Fundamentals

WPC Revenue

Revenue (TTM)

1.7B

Rev. Growth (Yr)

-8.88%

Rev. Growth (Qtr)

-5.49%

WPC Earnings

Earnings (TTM)

573.2M

Earnings Growth (Yr)

-45.91%

Earnings Growth (Qtr)

10.35%

Breaking Down WPC Revenue

Last 7 days

4.0%

Last 30 days

1.4%

Last 90 days

-7.4%

Trailing 12 Months

-21.4%

How does WPC drawdown profile look like?

WPC Financial Health

Debt/Equity

0.91

Debt/Cashflow

0.23

WPC Investor Care

Dividend Yield

6.8%

Dividend/Share (TTM)

3.87

Shares Dilution (1Y)

2.30%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.7B	0	0	0
2023	1.6B	1.7B	1.7B	1.7B
2022	1.4B	1.4B	1.5B	1.5B
2021	1.2B	1.2B	1.3B	1.3B
2020	1.2B	1.2B	1.2B	1.2B
2019	982.2M	1.1B	1.2B	1.2B
2018	831.1M	810.7M	809.3M	885.7M
2017	890.4M	894.6M	880.1M	848.3M
2016	988.2M	967.4M	978.0M	941.5M
2015	919.6M	904.3M	922.0M	938.4M
2014	593.0M	734.2M	798.6M	908.4M
2013	394.6M	444.4M	511.7M	489.9M
2012	319.2M	264.8M	253.5M	352.4M
2011	280.8M	329.7M	349.4M	331.3M
2010	226.8M	241.5M	239.2M	265.4M
2009	0	231.1M	227.5M	223.9M
2008	0	0	0	234.7M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
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.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of WP Carey Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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

Which funds bought or sold WPC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	First Heartland Consultants, Inc.	sold off	-100	-212,000	-	-%
May 07, 2024	Swiss National Bank	reduced	-2.11	-6,394,920	36,959,800	0.03%
May 07, 2024	Capital Square, LLC	added	7.57	-173,793	2,575,750	1.82%
May 07, 2024	ASSETMARK, INC	added	0.1	-75,843	515,354	-%
May 07, 2024	Illinois Municipal Retirement Fund	added	91.51	2,474,000	6,180,000	0.09%
May 07, 2024	AllSquare Wealth Management LLC	unchanged	-	-21,259	143,358	0.08%
May 07, 2024	Concurrent Investment Advisors, LLC	reduced	-2.15	-105,096	605,287	0.02%
May 07, 2024	OPPENHEIMER & CO INC	added	6.07	-48,237	583,985	0.01%
May 07, 2024	Susquehanna Portfolio Strategies, LLC	reduced	-0.74	-759,959	4,844,810	0.11%
May 07, 2024	EQUITY INVESTMENT CORP	new	-	59,802,000	59,802,000	1.50%

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

WPC Alerts

Big fall in earnings (Y/Y)

Unveiling WP Carey Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form 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
May 08, 2024	305B2	305B2
May 08, 2024	8-K	Current Report
May 07, 2024	424B5	Prospectus Filed
May 07, 2024	FWP	Prospectus Filed
May 01, 2024	10-Q	Quarterly Report
Apr 30, 2024	8-K	Current Report
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

Peers (Alternatives to WP Carey Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	84.8B	11.2B	-3.57%	-6.21%	42.94	7.56	3.63%	50.79%
CCI	42.3B	6.8B	-2.86%	-16.86%	30.32	6.17	-2.39%	-16.60%
AVB	27.7B	2.8B	4.65%	8.65%	29	9.87	5.72%	-6.47%
ARE	20.6B	3.0B	-6.82%	-2.61%	105.18	6.99	10.44%	-73.79%
AMH	13.3B	-	-1.07%	2.70%	31.37	8.17	8.93%	11.87%
REG	10.8B	1.4B	-0.91%	-0.39%	29	7.92	10.48%	-2.93%
BXP	9.4B	3.3B	-4.95%	17.89%	49.61	2.88	5.31%	-77.32%
MID-CAP
FRT	8.5B	1.2B	1.08%	10.18%	35.54	7.36	5.48%	-38.69%
MAC	3.4B	884.1M	-2.40%	67.19%	-12.48	3.87	2.90%	-314.82%
SLG	3.3B	892.3M	-5.51%	137.34%	-6.45	3.7	-5.33%	-307.54%
SMALL-CAP
AAT	1.3B	444.1M	3.08%	17.14%	19.59	3.03	3.54%	8.91%
AIV	1.2B	198.2M	-0.48%	-2.94%	-7.52	6.02	-43.33%	-308.08%
MFA	1.1B	650.2M	-3.51%	3.98%	35.74	1.68	27.93%	140.31%
NYMT	550.1M	285.4M	-16.71%	-37.84%	-3.99	1.93	11.05%	83.70%
IVR	446.8M	277.2M	2.46%	-8.50%	-54.48	1.61	25.89%	94.64%

WP Carey Inc News

Latest updates

WP Carey Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-5.5%	390	412	449	453	428	403	384	344	348	375	326	320	311	307	302	291	309	311	318	305	298
Cost Of Revenue	-100.0%	-	0.00	0.00	0.00	0.00	0.00	0.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	2.00	4.00	4.00	5.00	4.00	4.00
Costs and Expenses	-28.3%	203	283	257	232	247	235	247	187	199	201	188	171	167	178	162	158	193	176	198	179	178
S&GA Expenses	-100.0%	-	22.00	23.00	25.00	26.00	23.00	22.00	21.00	23.00	20.00	20.00	20.00	22.00	18.00	19.00	17.00	21.00	17.00	17.00	20.00	21.00
EBITDA Margin	-9.0%	0.85*	0.93*	0.97*	0.98*	1.00*	0.91*	0.84*	0.88*	0.89*	0.83*	0.89*	0.91*	-	-	-	-	-	-	-	-	-
Interest Expenses	-4.9%	69.00	72.00	77.00	75.00	67.00	68.00	59.00	46.00	46.00	47.00	49.00	49.00	52.00	53.00	53.00	52.00	53.00	54.00	59.00	60.00	61.00
Income Taxes	-36.8%	9.00	14.00	5.00	10.00	15.00	6.00	8.00	6.00	7.00	5.00	8.00	9.00	6.00	7.00	6.00	8.00	-41.69	21.00	4.00	3.00	-2.13
Earnings Before Taxes	6.2%	168	158	130	155	310	216	113	134	164	105	147	130	57.00	142	155	123	25.00	151	46.00	69.00	67.00
EBT Margin	-17.0%	0.36*	0.43*	0.47*	0.48*	0.50*	0.42*	0.36*	0.39*	0.40*	0.33*	0.38*	0.39*	-	-	-	-	-	-	-	-	-
Net Income	10.3%	159	144	125	145	294	210	105	128	157	100	139	120	52.00	135	149	105	66.00	129	41.00	66.00	68.00
Net Income Margin	-17.3%	0.34*	0.41*	0.45*	0.45*	0.47*	0.41*	0.34*	0.38*	0.38*	0.31*	0.35*	0.37*	-	-	-	-	-	-	-	-	-
Free Cashflow	297.1%	1,036	261	282	248	283	301	256	211	236	301	227	210	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-2.0%	17,612	17,977	18,630	19,076	18,832	18,102	17,775	15,454	15,570	15,481	15,135	15,232	14,549	14,708	14,190	13,956	13,890	14,061	14,084	14,192	14,156
Cash Equivalents	74.2%	1,104	634	136	204	148	168	250	200	259	165	182	218	284	312	223	204	284	252	389	262	306
Goodwill	-0.4%	974	978	1,034	1,037	1,038	1,037	1,023	891	900	902	904	907	906	911	904	899	930	935	931	920	919
Liabilities	-3.6%	8,932	9,270	9,485	9,829	9,513	9,093	8,961	7,813	7,875	7,897	7,748	7,931	7,658	7,829	7,300	7,154	7,117	7,113	7,119	7,201	7,138
Long Term Debt	-3.3%	7,873	8,144	8,288	8,616	8,258	7,878	7,783	6,766	6,778	6,792	6,675	6,816	6,520	6,696	6,234	6,122	6,122	6,054	6,097	6,177	6,123
Shareholder's Equity	-0.2%	8,679	8,700	9,134	9,247	9,319	8,994	8,814	7,641	7,695	7,583	7,387	7,301	6,890	6,878	6,889	6,802	6,773	6,948	6,964	6,991	7,018
Additional Paid-In Capital	-0.1%	11,773	11,784	11,971	11,959	11,949	11,707	11,510	10,202	10,152	9,978	9,694	9,542	9,061	8,925	8,920	8,815	8,712	8,718	8,712	8,576	8,483
Shares Outstanding	0.1%	219	219	214	214	214	211	196	193	192	182	181	178	-	-	-	-	-	-	-	-	-
Minority Interest	-6.8%	6.00	7.00	11.00	16.00	18.00	15.00	15.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	6.00	6.00	6.00	6.00
Float	-	-	-	-	14,400	-	-	-	15,900	-	-	-	13,700	-	-	-	11,700	-	-	-	13,800	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	297.1%	1,035,547	260,745	282,353	247,607	282,727	301,028	255,645	211,001	235,882	301,083	226,649	210,303	188,444	244,954	216,533	160,354	179,697	234,592	249,325	185,314	142,846
Share Based Compensation	-100.0%	-	8,666	9,100	9,000	7,766	9,683	5,500	9,800	7,833	6,091	4,400	9,000	5,381	5,748	4,600	2,900	2,661	4,981	4,700	4,900	4,165
Cashflow From Investing	-109.0%	-236,972	-113,357	113,092	-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	-154,163
Cashflow From Financing	-217.7%	-379,038	321,982	-464,941	128,347	307,174	-306,170	257,526	70,834	35,697	251,183	-93,083	531,728	-132,780	100,687	-127,844	-151,013	-32,543	-277,048	921	-76,934	-104,717
Dividend Payments	-100.0%	-	230,367	229,992	229,474	226,697	221,955	205,574	204,597	203,131	197,041	194,655	187,159	185,426	184,098	182,241	180,342	180,274	179,402	177,545	176,041	171,408

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WPC Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Investment Management:
Revenues	$ 389,798	$ 427,790
Operating Expenses
Depreciation and amortization	118,768	156,409
General and administrative	27,868	26,549
Operating property expenses	17,950	21,249
Reimbursable tenant costs	12,973	21,976
Property expenses, excluding reimbursable tenant costs	12,173	12,772
Stock-based compensation expense	8,856	7,766
Merger and other expenses	4,452	24
Total operating expenses	203,040	246,745
Other Income and Expenses
Interest expense	(68,651)	(67,196)
Non-operating income	15,505	4,626
Gain on sale of real estate, net	15,445	177,749
Other gains and (losses)	13,839	8,100
Earnings from equity method investments	4,864	5,236
Total other income and expenses	(18,998)	128,515
Income before income taxes	167,760	309,560
Provision for income taxes	(8,674)	(15,119)
Net Income	159,086	294,441
Net loss (income) attributable to noncontrolling interests	137	(61)
Net Income Attributable to W. P. Carey	$ 159,223	$ 294,380
Basic Earnings Per Share (in dollars per share)	$ 0.72	$ 1.39
Diluted Earnings Per Share (in dollars per share)	$ 0.72	$ 1.39
Weighted-Average Shares Outstanding
Basic (in shares)	220,031,597	211,951,930
Diluted (in shares)	220,129,870	212,345,047
Owned Real Estate Segment
Real Estate:
Lease revenues	$ 322,251	$ 352,336
Income from finance leases and loans receivable	25,793	20,755
Operating property revenues	36,643	40,886
Other lease-related income	2,155	13,373
Investment Management:
Operating property revenues	36,643	40,886
Revenues	386,842	427,350
Owned Real Estate Segment \| Hotel
Real Estate:
Operating property revenues	10,200	15,500
Investment Management:
Operating property revenues	10,200	15,500
Investment Management
Real Estate:
Operating property revenues	2,956	440
Investment Management:
Operating property revenues	2,956	440
Revenues	2,956	440
Investment Management \| Asset management revenue
Real Estate:
Operating property revenues	1,893	339
Investment Management:
Operating property revenues	1,893	339
Investment Management \| Other advisory income and reimbursements
Real Estate:
Operating property revenues	1,063	101
Investment Management:
Operating property revenues	1,063	101
Investment Management \| Administrative reimbursements
Real Estate:
Operating property revenues	1,000	0
Investment Management:
Operating property revenues	1,000	0
Investment Management \| Other advisory income and reimbursements
Real Estate:
Operating property revenues	63	101
Investment Management:
Operating property revenues	$ 63	$ 101

WPC Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands

Mar. 31, 2024

Dec. 31, 2023

Investments in real estate:

Land, buildings and improvements — net lease and other

$ 12,260,873

$ 12,095,458

Land, buildings and improvements — operating properties

1,256,171

1,256,249

Net investments in finance leases and loans receivable

660,585

1,514,923

In-place lease intangible assets and other

2,278,593

2,308,853

Above-market rent intangible assets

693,294

706,773

Investments in real estate

17,149,516

17,882,256

Accumulated depreciation and amortization

(3,067,292)

(3,005,479)

Assets held for sale, net

37,122

Net investments in real estate

14,082,224

14,913,899

Equity method investments

355,668

354,261

Cash and cash equivalents

776,966

633,860

Other assets, net

1,422,597

1,096,474

Goodwill

974,052

978,289

Total assets

^[1]

17,611,507

17,976,783

Debt:

Senior unsecured notes, net

5,969,622

6,035,686

Unsecured term loans, net

1,107,164

1,125,564

Unsecured revolving credit facility

291,621

403,785

Non-recourse mortgages, net

504,808

579,147

Debt, net

7,873,215

8,144,182

Accounts payable, accrued expenses and other liabilities

575,832

615,750

Below-market rent intangible liabilities, net

131,517

136,872

Deferred income taxes

158,820

180,650

Dividends payable

192,948

192,332

Total liabilities

^[1]

8,932,332

9,269,786

Commitments and contingencies (Note 11)

Preferred stock, $0.001 par value, 50,000,000 shares authorized; none issued

Common stock, $0.001 par value, $450,000,000 shares authorized; $218,823,907 and $218,671,874 shares, respectively, issued and outstanding

219

Additional paid-in capital

11,772,948

11,784,461

Distributions in excess of accumulated earnings

(2,926,085)

(2,891,424)

Deferred compensation obligation

78,491

62,046

Accumulated other comprehensive loss

(252,516)

(254,867)

Total stockholders’ equity

8,673,057

8,700,435

Noncontrolling interests

6,118

6,562

Total equity

8,679,175

8,706,997

Total liabilities and equity

$ 17,611,507

$ 17,976,783

[1]	See Note 2 for details related to variable interest entities (“VIEs”).

About WP Carey Inc

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	Mr. Jason E. Fox
WEBSITE	wpcarey.com
INDUSTRY	REIT Mortgage
EMPLOYEES	193

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 Wed May 08 2024, market cap of WP Carey Inc is 12.43 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 Wed May 08 2024, WPC's PE ratio (Price to Earnings) is 21.68 and Price to Sales (PS) ratio is 7.3. 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 0.044 (multiply by 100 for percentage) rate of return.