- Investing.com
Strategic Shift | Explore W.P. Carey's transition from office to industrial and retail properties, aiming to enhance portfolio quality and cash flow stability |
Financial Challenges | Delve into WPC's reduced guidance and acquisition shortfalls, reflecting ongoing credibility issues and market headwinds |
Analyst Perspectives | Price targets range from $54 to $62, with mixed ratings reflecting cautious optimism amid portfolio transformation |
Growth Potential | Learn how WPC's strong balance sheet and expanding deal pipeline could drive future growth in a competitive net lease market |
W. P. Carey ranks among the largest net lease REITs with a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,424 net lease properties covering approximately 173 million square feet and a portfolio of 89 self-storage operating properties as of December 31, 2023. With offices in New York, London, Amsterdam and Dallas, the company remains focused on investing primarily in single-tenant, industrial, warehouse and retail properties located in the U.S. and Northern and Western Europe, under long-term net leases with built-in rent escalations.
Metrics to compare | WPC | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipWPCPeersSector | |
---|---|---|---|---|
P/E Ratio | 22.9x | −42.8x | 7.7x | |
PEG Ratio | −0.84 | 2.17 | 0.01 | |
Price/Book | 1.5x | 0.1x | 0.9x | |
Price / LTM Sales | 8.0x | 1.1x | 3.9x | |
Upside (Analyst Target) | 2.8% | 6.0% | 12.3% | |
Fair Value Upside | Unlock | 10.7% | 0.9% | Unlock |