W.P. Carey Inc
WPC
ISIN US92936U1097 / Valor 19207474
W.P. Carey Inc
UMushroom community rating:
About company
W.P. Carey Inc. operates as a diversified net lease real estate investment trust (REIT), focusing on the acquisition of operationally critical, single-tenant properties across North America and Europe. The company's portfolio is extensive, encompassing a wide range of industries and sectors, which allows it to mitigate risks and capitalize on the stability provided by long-term leases. As one of the largest entities in its field, W.P. Carey Inc. leverages its scale and expertise to secure investments that promise steady income streams and potential for capital appreciation, catering to the needs of investors seeking exposure to the real estate market without the complexities of direct property management.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (18.12.2024):
### Revenue GrowthW.P. Carey Inc. reported a significant increase in total revenues for the third quarter of 2024, reaching $448.262 million compared to $369.159 million in the same period of 2023. This growth was driven by higher lease revenues and income from finance leases and loans receivable, reflecting the company's strong performance in its real estate operations.
### Net IncomeFor the third quarter of 2024, W.P. Carey Inc. achieved a net income of $111.652 million, a notable improvement from the net income of $2.859 million reported in the third quarter of 2023. This increase in net income highlights the company's effective cost management and operational efficiency.
### Earnings Per ShareW.P. Carey Inc.'s basic and diluted earnings per share for the third quarter of 2024 were both reported at $0.51, compared to $0.58 in the same quarter of the previous year. Despite the decrease in earnings per share, the company maintained a strong financial position with consistent revenue growth.
### DividendsDuring the third quarter of 2024, W.P. Carey Inc. declared dividends of $0.875 per share, reflecting the company's commitment to returning value to its shareholders. This dividend declaration is part of the company's ongoing strategy to provide stable and attractive returns to its investors.
### Financial OutlookLooking ahead, W.P. Carey Inc. remains optimistic about its financial performance, with a focus on expanding its real estate portfolio and enhancing its investment management capabilities. The company aims to continue delivering strong financial results and maintaining its position as a leading real estate investment trust.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
12054 M
Market cap (USD)
110,530
Daily traded volume (Shares)
55.08 / 54.28
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
EQUITIES OF THE SAME SECTOR
