rts logo

W. P. Carey Inc (WPC) Is Now En Route to Higher Prices

W. P. Carey Inc (NYSE: WPC) is -14.06% lower on its value in year-to-date trading and has touched a low of $50.28 and a high of $72.47 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WPC stock was last observed hovering at around $55.03 in the last trading session, with the day’s gains setting it 0.67%.

Currently trading at $55.70, the stock is 0.52% and -0.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing 1.22% at the moment leaves the stock -6.68% off its SMA200. WPC registered -21.90% loss for a year compared to 6-month gain of 6.83%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a -1.31% loss in the last 1 month and extending the period to 3 months gives it a -11.95%, and is -0.92% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.01% over the week and 1.93% over the month.

W. P. Carey Inc (WPC) has around 197 employees, a market worth around $12.18B and $1.74B in sales. Current P/E ratio is 16.90 and Fwd P/E is 22.24. Profit margin for the company is 40.68%. Distance from 52-week low is 10.78% and -23.14% from its 52-week high. The company has generated returns on investments over the last 12 months (4.47%).

W. P. Carey Inc quarterly earnings per share for the current quarter are estimated at $0.53 with sales reaching $398.31M over the same period.The EPS is expected to shrink by -37.10% this year, but quarterly earnings will post -6.30% year-over-year. Quarterly sales are estimated to shrink -6.80% in year-over-year returns.

W. P. Carey Inc (WPC) Top Institutional Holders

The shares outstanding are 218.67M, and float is at 216.03M with Short Float at 2.73%.

W. P. Carey Inc (WPC) Insider Activity

The most recent transaction is an insider sale by Zander Brian H,the company’sChief Accounting Officer. SEC filings show that Zander Brian H sold 200 shares of the company’s common stock on Dec 14 ’23 at a price of $65.26 per share for a total of $13052.0. Following the sale, the insider now owns 4224.0 shares.

W. P. Carey Inc disclosed in a document filed with the SEC on May 02 ’23 that ALEXANDER MARK A (Director) bought a total of 1,000 shares of the company’s common stock. The trade occurred on May 02 ’23 and was made at $72.48 per share for $72479.0. Following the transaction, the insider now directly holds 26118.0 shares of the WPC stock.

Related Posts