78.10 -0.03 (-0.04%)
After hours: 4:26PM EDT
|Bid||77.22 x 800|
|Ask||79.57 x 800|
|Day's Range||77.45 - 78.50|
|52 Week Range||61.66 - 79.75|
|Beta (3Y Monthly)||0.44|
|PE Ratio (TTM)||22.39|
|Earnings Date||May 3, 2019|
|Forward Dividend & Yield||4.13 (5.27%)|
|1y Target Est||74.94|
The most recent earnings update W. P. Carey Inc.'s (NYSE:WPC) released in December 2018 indicated that the business benefited from a strong tailwind...
Conference Call Scheduled for 10:00 a.m. Eastern Time NEW YORK , April 18, 2019 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC), a net lease real estate investment trust, announced today that it will release ...
When most investors think about growth in the stock market, real estate investment trusts (REITs) don't immediately come to mind. After all, land and buildings have been around for nearly forever. And how can sleepy bits of real estate compete with all of the other facets of the stock market from technology to oil and gas and so many other industries that are profiting from bringing or using the next new thing?Source: Shutterstock But real estate has a few things going for it. To start, as the adage goes -- when it comes to land -- they aren't making any more of it. Well, that's mostly true except for certain markets such as the territories around Hong Kong and Victoria Harbour.Then there are the adaptations of land. From residences for technology workers to the actual technology, its real estate and the related buildings from residential to office and of course data centers that enable all of the whiz-bang stuff of the market to actually happen.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAnd of course, there is the income that comes from real estate. And one of the core things that I've learned long ago and use in my portfolio recommendations inside Profitable Investing is that dividends matter. And even if you are not living off of dividend income -- just collecting it and piling it up and re-investing is a lot more certain to build up a portfolio's value over time.And the simple proof is to look at the general stock market in the S&P 500. If you track the performance of the Index over the past twenty years, the price gain was nice at 113.86%. But when adding in the dividends, the return nearly doubles to 213.49%. So, as I said before, dividends do matter. And for REITs, the dividends are of course much higher than the general market. The yield for the S&P 500 Index is currently sitting at 1.91%, while the yield for REITs is tracked by the Bloomberg U.S. REIT Index is much higher at 4.17%. * 10 Dow Jones Stocks Holding the Blue Chip Index Back Moreover, thanks to the Tax Cuts & Jobs Act of 2017 (TCJA), REIT dividends are worth even more on an after-tax basis. This comes from a line-item in the TCJA whereby investors get to deduct 20% of the dividend income from their taxable income. This comes with the U.S. Treasury instructions for 2018 tax filings that specifies that 1099-DIV have a section 199A with a Box 5 for REIT dividends, which tax software does the calculations. And if you use a pencil and a calculator, there are instructions for Schedule D.In addition, investors in common stocks inside the S&P 500 are taxed twice. First, the company pays income tax and then investors are taxed on the dividend income. REITs avoid corporate tax and as noted above, the dividends are taxed-advantaged.But let's get to the meat of the matter and the headline of this article. For the past trailing year, REITs, as tracked by the Bloomberg REIT Index, have earned a return of 21.48%, which is nearly double the return for the S&P 500 Index at 10.69%. In addition, during the big selloff in stocks during the fourth quarter of last year, REITs did drop in return by 6.07%, but that was way better than the drop in the S&P 500 of 13.53%. Click to Enlarge Source: Bloomberg Three Even Better REITsThe REIT space has plenty of great companies, but it also has many not so great companies. Here are three REITs that stand out from the crowd.I'll start with American Campus Communities (NYSE:ACC). This REIT has educational properties focused primarily on dorms for colleges and universities around the nation. This is an attractive market since it has a market for students that need and want to live on or near-by where their classes and activities are happening. The space has been so good that one by one the leading public REITs in this market have been bought out by non-public investments and private equity.ACC is the one REIT that still focuses on the space. And it is performing with the trailing year return of a much better 27.05%. Revenues are up by 10.60% with a return from funds from operations (FFO) at a nice 9.50%. FFO measures the return from actually leasing out the properties and is a good apples-to-apples measurement for REITs.It is a value too at only 1.88 times its book of business, including its properties. And the dividend is an attractive 3.85% and has been climbing over the past five years by an average of 5.02%.Next is WP Carey (NYSE:WPC), which I've followed since it came to the public market back in the late 1990s. WP Carey is a large diversified REIT with assets around the U.S. and the globe. Its focus is on doing sale-lease-back transactions, which have owners and occupiers sell their properties and in turn lease them back from WPC. And it also focuses on triple-net leases whereby tenants pay insurance, upkeep and taxes leaving WPC to avoid these costs and risks.The return over the past trailing year is a whopping 33.81%. And while revenues have slowed a bit recently to a gain of 4.40% -- the FFO return is better at 10.60%. And it is also a bargain at only 1.89 times its book value. * 7 Marijuana Companies: Which Pot Stocks Should You Buy? And the dividend, which keeps rising every quarter by policy, is even more attractive at 5.30%.And last up is Medical Properties Trust (NYSE:MPW). This REIT is focused on healthcare properties from hospitals and other facilities. And like WP Carey -- MPW focuses on net leases, which lowers its costs and operating risks.The trailing year return is running at 56.40%. And yet the stock is only at 1.53 times its book value. Revenues are rising at 11.30% and the FFO return is running at 11.60%.These and other quality REITs should be in everyone's portfolio if you want better and more certain growth and income along the way. And to learn more from my analysis and other REITs take a look at my Profitable Investing published by InvestorPlace Media.Neil George is the editor of Profitable Investing and does not have any holdings in the securities mentioned above. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Best Dividend Stocks to Buy for Every Investor * 7 Catalysts That Will Send Marijuana Stocks Soaring in 2019 * 8 Risky Stocks to Watch as Earnings Season Kicks Off Compare Brokers The post 3 REITs That Outperform the Market appeared first on InvestorPlace.
WP Carey Inc NYSE:WPCView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for WPC with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $1.30 billion over the last one-month into ETFs that hold WPC are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period […]
Critical assets on long-term net leases add to diversified portfolio NEW YORK , April 4, 2019 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC), a leading net lease REIT specializing in corporate sale-leasebacks, ...
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The flip side of that is that there are moreRead More...
NEW YORK , March 14, 2019 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $1.032 per share, equivalent to an annualized ...
NEW YORK , Feb. 27, 2019 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC), a leading net lease real estate investment trust, announced today that Jason Fox , Chief Executive Officer, is scheduled to participate ...
NEW YORK, Feb. 25, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.
W.P. Carey (WPC) delivered FFO and revenue surprises of 0.00% and -3.36%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK , Feb. 22, 2019 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) (W. P. Carey or the Company), a net lease real estate investment trust, today reported its financial results for the fourth quarter ...
W. P. Carey's (WPC) Q4 performance is likely to mirror the benefit from its high-quality portfolio and strategic investments.
NEW YORK, Feb. 19, 2019 /PRNewswire/ -- W. P. Carey Inc. (WPC), a leading net lease REIT specializing in corporate sale-leasebacks, build-to-suits and the acquisition of single-tenant net lease properties, announced that it has entered into an agreement with its existing tenant, Cuisine Solutions, to invest $75 million in a build-to-suit state-of-the-art food production facility in San Antonio, Texas. Last week, W. P. Carey was joined by partners and local leaders at a groundbreaking ceremony for what will be a 290,000-square-foot facility. As part of the overall transaction, W. P. Carey also made an additional $10 million investment in existing improvements to Cuisine's Sterling, Virginia facility, which W. P. Carey acquired in 2012.
One of the essential first lessons that investors learn is diversifying a portfolio reduces risk. That's because different assets often react differently to the same event. A downturn in one asset when interest rates rise, for example, may be counter-balanced by an upswing in another. By holding diverse assets, a portfolio becomes less sensitive to market swings.Diversification is recommended not only across asset classes, but across geographies. This is especially true for real estate, since the value of a property is largely determined by the local economy. A real estate investment trust (REIT) that performs poorly in the U.S. may generate good overall results from the performance of its European and Asian assets.Investors could be taking on unnecessary risk by limiting their holdings to US-centric REITs. Many large U.S. REITs recognize this threat and are diversifying their holdings across geographies. Global expansion not only trims geographic risk, but benefits overall performance by giving these REITs a foothold in faster-growing economies of Asia and Latin America, where an expanding middle class is fueling the creation of wealth.Here are 12 mega-sized REITs - many with rising dividends - that also offer diverse international exposure and generous yields. We've also included an extra real-estate play that's not organized as a REIT but is worthy nonetheless. SEE ALSO: 57 Dividend Stocks You Can Count On in 2019
Conference Call Scheduled for 10:00 a.m. Eastern Time NEW YORK , Feb. 8, 2019 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC), a net lease real estate investment trust, announced today that it will release ...