W.P. Carey Inc. REIT (WPC) Receives Media Impact Rating of 0.20

Press coverage about W.P. Carey Inc. REIT (NYSE:WPC) has trended somewhat positive on Tuesday, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. W.P. Carey Inc. REIT earned a news sentiment score of 0.20 on Accern’s scale. Accern also gave press coverage about the real estate investment trust an impact score of 46.7112426147275 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Shares of W.P. Carey Inc. REIT (WPC) traded down $0.91 during mid-day trading on Tuesday, reaching $70.10. The company’s stock had a trading volume of 193,635 shares, compared to its average volume of 311,530. The stock has a market capitalization of $7,607.68, a P/E ratio of 13.63, a P/E/G ratio of 3.96 and a beta of 0.94. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 1.19. W.P. Carey Inc. REIT has a 52 week low of $57.58 and a 52 week high of $72.41.

W.P. Carey Inc. REIT (NYSE:WPC) last issued its quarterly earnings results on Friday, November 3rd. The real estate investment trust reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.21. The company had revenue of $210.00 million for the quarter, compared to the consensus estimate of $212.72 million. W.P. Carey Inc. REIT had a return on equity of 7.25% and a net margin of 31.28%. W.P. Carey Inc. REIT’s revenue for the quarter was down 6.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.34 earnings per share. equities research analysts anticipate that W.P. Carey Inc. REIT will post 4.49 EPS for the current year.

A number of research analysts have recently weighed in on the company. Ladenburg Thalmann Financial Services reissued a “hold” rating on shares of W.P. Carey Inc. REIT in a report on Friday, September 1st. Zacks Investment Research downgraded W.P. Carey Inc. REIT from a “hold” rating to a “sell” rating in a research note on Friday, October 27th. Robert W. Baird assumed coverage on W.P. Carey Inc. REIT in a research note on Wednesday, October 18th. They issued an “outperform” rating and a $77.00 target price on the stock. BidaskClub downgraded W.P. Carey Inc. REIT from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 10th. Finally, ValuEngine upgraded W.P. Carey Inc. REIT from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Two analysts have rated the stock with a sell rating, two have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. W.P. Carey Inc. REIT has a consensus rating of “Hold” and an average target price of $70.00.

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W.P. Carey Inc. REIT Company Profile

W. P. Carey provides long-term, sale-leaseback and build-to-suit transactions for companies worldwide, and manages a global investment portfolio. It has two primary business segments. Under the investment management segment, the Company earns revenue as the advisor to publicly owned, non-actively traded real estate investment trusts (REITs), which are sponsored by the Company under the Corporate Property Associates brand name (the CPA REITs) and invests in similar properties.

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