W. P. Carey Inc. (WPC)
W. P. Carey Inc. operates in the REIT - Diversified industry of the Real Estate sector, headquartered in New York City, NY, US. The stock last traded at $66.49, down 0.59% on the session, giving a market capitalisation of $15.15B. On trailing twelve-month figures it carries a trailing P/E of 22.69, a net margin of 34.3%. Its beta of 0.77 implies it has historically moved less than the broad market.
W. P. Carey is recognized as a leading net lease Real Estate Investment Trust (REIT), boasting an enterprise value of approximately $18 billion. As of September 30, 2020, its extensive portfolio comprises 1,215 essential net lease properties, spanning an estimated 142 million square feet of commercial real estate. For nearly five decades, the company has strategically invested in high-quality, single-tenant industrial, warehouse, office, retail, and self-storage assets. These properties are secured by long-term net leases, which incorporate built-in rent increases. The portfolio's primary geographical footprint is in the United States, along with Northern and Western Europe, and it exhibits strong diversification across tenant profiles, property categories, locations, and the industries of its occupants.
W. P. Carey Inc. is most often compared with the following Real Estate names: