W. P. Carey Receives Average Rating of ‘Hold’ from Brokerages
November 15, 2023
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W. P. Carey ($NYSE:WPC) Inc. is a publicly traded real estate investment trust (REIT) that specializes in corporate sale-leaseback and build-to-suit financing. Recently, brokerages have given W. P. Carey Inc. an average rating of “Hold”. This means that analysts generally believe that the stock is neither a good buy nor a bad sell. Investors are advised to carefully consider the company’s performance and outlook before making any decisions about investing in W. P. Carey.
Share Price
The stock opened at $54.8 and closed at $55.1, up by 3.3% from its previous closing price of $53.4. The Hold rating reflects the opinion that short-term market trend is expected to remain neutral, however investors may benefit from its potential in the long-run. Analysts have noted that the stock has been trading higher in the last few weeks and is likely to continue its upward trajectory in the coming months. 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 |
| 1.73k | 773.58 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for WPC. More…
| Operations | Investing | Financing |
| 1.11k | -825.63 | -335.59 |
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 |
| 18.63k | 9.15k | 41.77 |
Key Ratios Snapshot
Some of the financial key ratios for WPC are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 46.0% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis
While analyzing the fundamentals of W. P. CAREY, I, GoodWhale, found that according to the Star Chart, W. P. CAREY is classified as a ‘cow’, which implies that it has the track record of paying out consistent and sustainable dividends. This makes W. P. CAREY an attractive option for earn income investors who are looking for a steady source of income. Moreover, W. P. CAREY has a high health score of 7/10 with regard to its cashflows and debt, which means that the company is capable of sustaining its operations in times of crisis. Its score with regards to other metrics such as asset, growth, profitability, and dividend are all strong or medium, making it an attractive option for long-term investors as well. 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 Inc. (NYSE: WPC) is an investment management company that specializes in real estate and investment management services across the globe. Recently, several brokerages have given the company an average rating of “Hold,” indicating that further research is needed before investors can make a buy or sell decision. Despite this cautious outlook, the stock price of WPC has moved up on the same day the brokerages released their ratings.
This shows that the market has reacted positively to the news, potentially signaling good times ahead for the company. Investors should continue to keep an eye on the stock and analyze relevant data before making any decisions, as movements in the market can be unpredictable.
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