WPC Stock Intrinsic Value – W.P. Carey Secures €500M Loan With 2026 Maturity Date
April 25, 2023
Trending News ☀️
W. ($NYSE:WPC)P. Carey, a globally diversified net lease real estate investment trust, has finalized a €500M term loan with a maturity date set for 2026. This loan enables W.P. Carey to refinance existing debt and will provide additional capital resources that can be used for general corporate purposes. It acquires, owns and manages single-tenant commercial properties including office, industrial, retail and agricultural properties leased to corporate and government tenants.
Stock Price
On Monday, W. P. Carey, a publicly-traded real estate investment trust (REIT), announced the securing of a €500 million loan with a 2026 maturity date. The loan is part of the company’s strategy to diversify its capital sources and diversify its portfolio across asset classes. On the same day, the company’s stock, which opened at $73.1, closed at $73.0, down 0.1% from its prior closing price of $73.1. The new loan is expected to provide W. P. Carey with additional financial flexibility as it continues to grow and expand its operations. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for WPC. More…
| Total Revenues | Net Income | Net Margin |
| 1.48k | 599.14 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for WPC. More…
| Operations | Investing | Financing |
| 1k | -1.05k | 57.89 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for WPC. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 18.1k | 9.09k | 42.7 |
Key Ratios Snapshot
Some of the financial key ratios for WPC are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 47.3% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – WPC Stock Intrinsic Value
At GoodWhale, we have conducted a thorough analysis of W. P. CAREY’s financials. Using our proprietary Valuation Line, we have determined that the fair value of W. P. CAREY shares is around $75.9. We have found that W. P. CAREY stock is currently trading at $73.0, which is a fair price but slightly undervalued by 3.8%. This could be an opportunity for investors to buy W. P. CAREY shares at a discount price. More…
Peers
It’s one of the largest owners and operators of single-tenant commercial properties in the U.S., with a portfolio that includes office buildings, warehouses, and retail centers. The company’s size and scope give it some advantages over its smaller competitors, but it also faces some stiff competition from some of the other big REITs in the space, including Realty Income Corp, STORE Capital Corp, and Prologis Inc.
– Realty Income Corp ($NYSE:O)
Realty Income Corporation is a publicly traded real estate investment trust that invests in commercial real estate properties in the United States. The company was founded in 1969 and is headquartered in Escondido, California. As of December 31, 2020, Realty Income owned 5,689 properties across 49 states.
– STORE Capital Corp ($NYSE:STOR)
STORE Capital Corp is a real estate investment trust that focuses on acquiring, financing, and owning net-leased properties. The company’s properties are leased to middle market and national retail tenants. As of December 31, 2020, STORE Capital owned 1,847 properties in 48 states.
– Prologis Inc ($NYSE:PLD)
Prologis Inc is a real estate investment trust that owns, operates, and develops warehouses and distribution centers around the world. As of 2022, it has a market capitalization of $94.6 billion. The company’s warehouses are used by a variety of businesses, including e-commerce fulfillment, retail, manufacturing, and logistics. Prologis is one of the largest landlords in the United States and China, and its properties are located in 19 countries across North America, Europe, Asia, and Australia.
Summary
W.P. Carey has recently closed on a €500 million term loan maturing in 2026, allowing the company to further invest in its portfolio of real estate, corporate and net lease investments. The loan is also unsecured by any of W.P. Carey’s investments, making it attractive to investors interested in W.P. Carey’s long-term prospects. The loan is expected to provide additional capital to support the company’s operations, growth, and acquisitions, while also offering greater financial flexibility. This is beneficial for investors interested in W.P. Carey’s long term success, as it provides them with more opportunities for potential returns.
