NYSE:WPC - New York Stock Exchange, Inc. - US92936U1097 - REIT
WP CAREY INC
NYSE:WPC (1/21/2025, 8:04:00 PM)
After market: 56.86 -0.01 (-0.02%)56.87
+1.08 (+1.94%)
Industry Rank | Sector Rank | ||
---|---|---|---|
PM (TTM) | 35.12% | ||
ROA | 3.17% | ||
ROE | 6.51% | ||
Debt/Equity | 0.93 |
/PRNewswire/ -- W. P. Carey Inc. (W. P. Carey, NYSE: WPC), a leading net lease REIT specializing in corporate sale-leasebacks, build-to-suits and the...
If you're looking for stocks that can produce heaps of passive income, you want to turn your attention toward a pair of beaten-down real estate investment trusts. W.P. Carey (NYSE: WPC), and Realty Income (NYSE: O) are two highly reliable dividend payers that have been beaten down to near 52-week lows. The Federal Reserve lowered its target interest rate a full point in 2024, but bond traders aren't reading this message as you probably expect them to.
W.P.Carey, Inc. is a real estate investment trust, which engages in the business of investing in a diversified portfolio of high-quality, mission-critical assets subject to long-term net leases with built-in rent escalators for the purpose of generating stable cash flows enabling to grow dividend and increase long-term stockholder value. The company is headquartered in New York City, New York and currently employs 197 full-time employees. The firm invests primarily in single-tenant, industrial, warehouse and retail properties located in the United States and Northern and Western Europe, under long-term net leases with built-in rent escalations. The firm operates 1,413 net lease properties covering approximately 171 million square feet and a portfolio of 86 self-storage operating properties. The firm operates through two business segments: Real Estate and Investment Management. Its Real Estate segment invests primarily in commercial properties located in the United States, and Northern and Western Europe, which are leased to companies on a triple-net lease basis. The Investment Management segment manages the real estate investment portfolios for the managed programs.
WP CAREY INC
One Manhattan West, 395 9th Avenue, 58th Floor
New York City NEW YORK 10001 US
CEO: Jason E. Fox
Employees: 197
Company Website: https://www.wpcarey.com/
Investor Relations: https://ir.wpcarey.com/
Phone: 12124921100
Symbol | Name | TA | FA | PE | Market Cap |
---|---|---|---|---|---|
EPRT | ESSENTIAL PROPERTIES REALTY | 27.87 | 5.62B | ||
BNL | BROADSTONE NET LEASE INC | 21.11 | 3.02B | ||
GNL | GLOBAL NET LEASE INC | 46 | 1.70B | ||
ESRT | EMPIRE STATE REALTY TRUST-A | 15.41 | 1.64B | ||
AAT | AMERICAN ASSETS TRUST INC | 25.86 | 1.53B | ||
ALEX | ALEXANDER & BALDWIN INC | 28.73 | 1.29B | ||
GOODN | GLADSTONE COMMERCIAL COR - GOOD 6 5/8 PERP | 126.94 | 1.07B | ||
ESBA | EMPIRE STATE REALTY OP LP-ES | 32.11 | 1.04B | ||
AHH | ARMADA HOFFLER PROPERTIES IN | N/A | 1.01B | ||
GOODO | GLADSTONE COMMER - GOOD 6 PERP | 117.56 | 994.15M | ||
GOOD | GLADSTONE COMMERCIAL CORP | 91.06 | 770.00M | ||
CTO | CTO REALTY GROWTH INC | 33.63 | 594.80M |