W. P. Carey Inc (NYSE: WPC) is 17.86% higher on its value in year-to-date trading and has touched a low of $52.91 and a high of $64.63 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WPC stock was last observed hovering at around $64.32 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $64.21, the stock is 9.14% and 13.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.3 million and changing -0.17% at the moment leaves the stock 11.38% off its SMA200. WPC registered 17.70% gain for a year compared to 6-month loss of 7.12%.
The stock witnessed a 15.36% gain in the last 1 month and extending the period to 3 months gives it a 12.45%, and is 4.92% up 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 1.97% over the week and 2.03% over the month.
W. P. Carey Inc (WPC) has around 203 employees, a market worth around $14.05B and $1.58B in sales. Current P/E ratio is 30.69 and Fwd P/E is 23.83. Profit margin for the company is 29.11%. Distance from 52-week low is 21.36% and -0.65% from its 52-week high. The company has generated returns on investments over the last 12 months (2.87%).
with sales reaching $405M over the same period.The EPS is expected to grow by 19.53% this year, but quarterly earnings will post 4.33% year-over-year. Quarterly sales are estimated to grow 3.90% in year-over-year returns.
The shares outstanding are 218.85M, and float is at 215.84M with Short Float at 1.57%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 30.78 million shares valued at $1.69 billion. The investor’s holdings represent 13.9886 of the WPC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 26.79 million shares valued at $1.47 billion to account for 12.1754 of the shares outstanding. The other top investors are STATE STREET CORP which holds 12.05 million shares representing 5.4783 and valued at over $673.87 million, while GEODE CAPITAL MANAGEMENT, LLC holds 2.0208 of the shares totaling 4.45 million with a market value of $244.42 million.
W. P. Carey Inc (WPC) Insider Activity
The most recent transaction is an insider sale by Zander Brian H, the company’s Chief Accounting Officer. SEC filings show that Zander Brian H sold 440 shares of the company’s common stock on Nov 20 ’24 at a price of $56.65 per share for a total of $24926.0. Following the sale, the insider now owns 7237.0 shares.
W. P. Carey Inc disclosed in a document filed with the SEC on Nov 13 ’24 that Farrell Peter (Director) bought a total of 1,000 shares of the company’s common stock. The trade occurred on Nov 13 ’24 and was made at $55.56 per share for $55556.0. Following the transaction, the insider now directly holds 22289.0 shares of the WPC stock.
Still, SEC filings show that on Nov 01 ’24, ALEXANDER MARK A (Director) acquired 5,000 shares at an average price of $55.29 for $0.28 million. The insider now directly holds 45,850 shares of W. P. Carey Inc (WPC).
