Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $64.27 USD
Change Today 0.00 / 0.00%
Volume 0.0
WPC On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 05/4/15 All times are local (Market data is delayed by at least 15 minutes).

wp carey inc (WPC) Key Developments

W. P. Carey Inc. Announces Acquisition of Office Facility

W. P. Carey Inc. announced the acquisition of an office facility by CPA®:18 " Global. The 166,000 square-foot facility is located in the Legacy Business Park in Plano, Texas and is leased to Intuit Inc. (Intuit) for a period of 11 years.

W. P. Carey Inc. Acquires EUR 23.4 Million Retail Facility Net Leased to Hornbach Baumarkt AG

W. P. Carey Inc. announced that it has acquired a retail hypermarket and garden center in Bad Fischau, Austria for €23.4 million. The property was acquired from Richardson Capital and is net leased to Hornbach Baumarkt AG. The facility will be net leased for a 15-year term with annual CPI-based rent escalations. Located roughly 48 kilometers south of Vienna in the suburban town of Bad Fischau, the facility sits on the A2 Autobahn, the major highway that runs south from Vienna to the boarder of Italy.

W. P. Carey Inc. Presents at ReitWise 2015, Apr-01-2015 11:15 AM

W. P. Carey Inc. Presents at ReitWise 2015, Apr-01-2015 11:15 AM. Venue: JW Marriott Desert Ridge Resort & Spa, Phoenix, Arizona, United States. Speakers: Adam Cohen, Executive Director-Tax.

W. P. Carey Inc. Announces Increased Quarterly Cash Dividend, Payable on April 15, 2015

W. P. Carey Inc. reported that its Board of Directors increased its quarterly cash dividend to $0.9525 per share, equivalent to an annualized dividend rate of $3.81 per share. Payable on April 15, 2015 to stockholders of record as of March 31, 2015.

W. P. Carey Inc. Reports Consolidated Financial Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the Full Year 2015

W. P. Carey Inc. reported unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2014. For the quarter, revenue was $167,111,000 compared to $82,014,000 a year ago. Income from continuing operations before income taxes and gain on sale of real estate was $34,534,000 compared to $10,949,000 a year ago. Net income attributable to the company was $32,272,000 or $0.30 per diluted share compared to $23,022,000 or $0.33 per diluted share a year ago. Income from continuing operations, net of tax was $31,967,000 compared to $9,756,000 a year ago. FFO was $104,669,000 or $0.99 per diluted share compared to $45,247,000 or $0.65 per diluted share a year ago. AFFO was $125,605,000 or $1.19 per diluted share which was up 5.3% compared to $1.13 for the 2014 third quarter, and compared to $78,113,000 or $1.12 per diluted share a year ago, driven primarily by higher structuring revenue due to increased investment activity on behalf of the managed REITs. For the year, revenue was $643,130,000 compared to $315,965,000 a year ago. Income from continuing operations before income taxes and gain on sale of real estate was $228,779,000 compared to $95,569,000 a year ago. Net income attributable to the company was $239,826,000 or $2.39 per diluted share compared to $98,876,000 or $1.41 per diluted share a year ago. Income from continuing operations, net of tax was $206,329,000 compared to $84,637,000 a year ago. FFO was $455,079,000 or $4.56 per diluted share compared to $193,966,000 or $2.78 per diluted share a year ago. AFFO was $480,466,000 or $4.81 per diluted share compared to $294,151,000 or $4.22 per diluted share a year ago, again, primarily due to the income generated from properties acquired in the company's merger with CPA:16 and partially offset by the subsequent loss of asset management fees from CPA:16. For the 2015 full year, the company affirms that it continues to expect to report AFFO of between $4.76 and $5.02 per diluted share, based on assumed total acquisition volume of between approximately $2.4 billion and $3.1 billion, comprised of approximately $400 million to $600 million for the company's owned real estate portfolio and approximately $2.0 billion to $2.5 billion on behalf of the Managed REITs. The company expects to update its 2015 AFFO guidance in connection with the release of subsequent quarterly earnings.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
WPC:US $64.27 USD 0.00

WPC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Alexander & Baldwin Inc $40.24 USD 0.00
EPR Properties $58.52 USD 0.00
National Retail Properties Inc $38.88 USD 0.00
Realty Income Corp $47.17 USD 0.00
Howard Hughes Corp/The $150.40 USD 0.00
View Industry Companies
 

Industry Analysis

WPC

Industry Average

Valuation WPC Industry Range
Price/Earnings 31.0x
Price/Sales 8.3x
Price/Book 1.8x
Price/Cash Flow 14.0x
TEV/Sales 2.7x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact WP CAREY INC, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.