W.P. Carey stock: buy or sell?

WPC stock price: $87.73 -1.05% At close on August 23rd, 2019

Updated on:
August 23rd, 2019

5

Even the red candle ($87.73, -1.05%), W.P. Carey topped new all time high at $89.82.

W. P. Carey Inc. is a leading internally-managed net lease REIT that provides long-term sale-leaseback and build-to-suit financing solutions primarily for companies in the U.

Should I buy W.P. Carey stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

These 2 buy setups are elegible for W.P. Carey stock now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is W.P. Carey stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we detected 3 ratings published for WPC stock in the last 30 days.

Is WPC a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-6-7CitigroupSellNeutral
2019-4-1Evercore ISIn/aUnderperform
2019-3-26Mitsubishi UFJ Financial Groupn/aNeutral

W.P. Carey stock analysis

Daily outlook

After several days of continuous hikes in past weeks, W.P. Carey decreased -1.05% to $87.73.

W.P. Carey decreased -1.05% today to $87.73 after topping to all time highs today. WPC is retaking the upward trend marking a new rising bottom heading to break out over $89.20. On August 6th WPC price bounced up over the SMA of 50 days demonstrating to be a significant support for this stock.

WPC stock chart (daily)

Weekly outlook

Shares of W.P. Carey closed this week at $87.73 after reaching a new all time high ($89.82) even it couldn't close with gains and decreased an unpleasant -1.00%. Early August WPC boosted a great 5.46% in just one week.

WPC shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom early August, WPC climbed unceasignly breaking out to new all time highs. By mid November 2018, SMA10w and SMA20w crossed up triggering a rise of 41.64%. By mid November 2018 WPC price bounced up over the SMA of 20 weeks that acted as support stopping new slides.

WPC stock chart (weekly)

W.P. Carey stock price history

W.P. Carey stock went public on January 21st, 1998 with a price of $5.081. Since then, WPC stock grew a 1,627.00%, with a yearly average of 77.50%. If you had invested $1,000 in W.P. Carey stock in 1998, it would worth $16,270.00 today.

1: Adjusted price after possible price splits or reverse-splits.

W.P. Carey stock historical price chart

WPC stock reached all-time highs today with a price of $89.82.

W.P. Carey stock price target is $79.50

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We found 2 price predictions for W.P. Carey stock published in the last month:
WPC stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-6-7CitigroupUpgrades$59.00$81.0037.3%
2019-3-26Mitsubishi UFJ Financial GroupInitiatesn/a$78.00-
(in average)$59.00$79.5035.0%
Moving in a range from $81.00 and $78.00, the price forecast for WPC stock is $79.50. In average, analysts' outlook on WPC price forecast is positive, increasing the prediction by a 35.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since February, when W.P. Carey published its last earnings report, it . As soon as we get its actual EPS from the earnings report, we will extend this report.
WPC earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q32017-11-030.580.7427.6%
2017-Q42018-02-231.121.3117.0%
2018-Q12018-05-041.191.287.6%
2018-Q22018-08-031.281.323.1%
2018-Q32018-11-021.41.485.7%
2018-Q42019-02-221.311.331.5%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw a nice growth of 4.41% to $885.73 M USD. When comparing 2018 vs 2017, slightly better, profit margin (that is, the net income divided by revenues) skyrocketed a 13.78% to 46.47%.

WPC annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$492 M-$60 M12.2%-
2014$906 M84.14%$240 M26.4%299.81%
2015$938 M3.55%$172 M18.4%-28.13%
2016$942 M0.34%$268 M28.4%55.43%
2017$848 M-9.90%$277 M32.7%3.56%
2018$886 M4.41%$412 M46.5%48.42%

Quarterly financial results

W.P. Carey posted $273.40 million in sales for 2018-Q4, a 30.57% improvement compared to previous quarter. Reported quarter income marked $193.26 M with a profit margin of 70.69%. Profit margin rocketed a 33.75% compared to previous quarter when profit margin was 36.94%. When comparing sales to same quarter last year, W.P. Carey sales marked a super good growth and boosted a 38.81%. Looking back to recent quarterly results, W.P. Carey posted 2 positive quarters in a row.
WPC quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$222 M-$57 M25.8%-
2017-Q2$224 M0.87%$61 M27.1%5.90%
2017-Q3$211 M-5.93%$80 M38.1%32.36%
2017-Q4$197 M-6.54%$75 M38.2%-6.31%
2018-Q1$202 M2.46%$65 M32.3%-13.21%
2018-Q2$201 M-0.33%$76 M37.6%15.94%
2018-Q3$209 M4.10%$77 M36.9%2.20%
2018-Q4$273 M30.57%$193 M70.7%149.86%

W.P. Carey ownership

When you are planning to buy shares of a stock, it's worth to overview its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For W.P. Carey, 1.18% of all outstanding shares are owned by its staff.

In case of W.P. Carey stock, 50.53% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for WPC stock account 0.00%, no big difference from last month.

For a better understanding, the following table shows ownership data compared to other related stocks:

WPCCBREHPPPGRESLG
Market cap$9.4 B$16.6 B$5.2 B$3.1 B$6.5 B
Total shares107.2 M336.3 M154.4 M234.5 M84.3 M
Float shares168.8 M332.2 M151.3 M200.1 M82.0 M
  - Institutional holdings (%)50.5%95.9%106.2%74.2%100.6%
  - Insider holdings (%)1.2%1.0%1.5%14.4%0.4%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

W.P. Carey summary

Friday, August 23rd, 2019
Open$88.53
Close$87.73
Day range$87.65 - $89.82
Previous close$88.66
Session gain-1.05%
Average true range$1.34
50d mov avg$85.05
100d mov avg$82.13
200d mov avg$75.72
Daily patternlb02a
Weekly pattern lb03c

W.P. Carey performance

To better understand W.P. Carey performance you must compare its gains with other related stocks in same sector or industry. In the following table, we compare W.P. Carey to CBRE, Hudson Pacific Properties, Paramount and SL Green Realty:
Stock3m6m12m
WPCW.P. Carey6.29%20.46%41.02%
CBRE 2.39%-3.16%3.57%
HPPHudson Pacific Pr...-0.65%1.78%5.44%
PGREParamount-7.95%-8.90%-13.04%
SLGSL Green Realty-12.38%-15.11%-22.56%

W.P. Carey competitors

One check before trading any stock is to have a look a list of its competitors, in this case for W.P. Carey. We selected 4 companies as W.P. Carey competitors as they are in the same industry or have similar market objectives.

Latest W.P. Carey stock news