W. P. Carey

Dividend Yield: 5.40%

W. P. Carey (NYSE: WPC) shares currently have a dividend yield of 5.40%.

W. P. Carey Inc. is an independent equity real estate investment trust. The firm also provides long-term sale-leaseback and build-to-suit financing for companies. It invests in the real estate markets across the globe. The company has a P/E ratio of 70.53.

The average volume for W. P. Carey has been 301,100 shares per day over the past 30 days. W. P. Carey has a market cap of $4.3 billion and is part of the real estate industry. Shares are up 21.7% year to date as of the close of trading on Friday.

TheStreet Ratings rates W. P. Carey as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, compelling growth in net income, good cash flow from operations and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

Highlights from the ratings report include:
  • WPC's very impressive revenue growth greatly exceeded the industry average of 9.5%. Since the same quarter one year prior, revenues leaped by 99.1%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • Compared to where it was 12 months ago, this stock has enjoyed a nice rise of 32.63% which was in line with the performance of the S&P 500 Index. Regarding the stock's future course, although almost any stock can fall in a broad market decline, WPC should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Real Estate Investment Trusts (REITs) industry. The net income increased by 615.1% when compared to the same quarter one year prior, rising from $2.59 million to $18.51 million.
  • Net operating cash flow has significantly increased by 275.60% to $74.87 million when compared to the same quarter last year. In addition, W P CAREY INC has also vastly surpassed the industry average cash flow growth rate of 8.44%.
  • The gross profit margin for W P CAREY INC is currently very high, coming in at 76.74%. It has increased significantly from the same period last year. Regardless of the strong results of the gross profit margin, the net profit margin of 13.41% trails the industry average.

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