W. P. Carey Inc. (NYSE:WPC) will participate in Citi's 2025 Global Properties CEO Conference on March 4, 2025, at 1:30 PM ET. The company representatives include Peter Sands, the Head of Investor Relations, Jason Fox, the CEO, and Jeremiah Gregory, the Head of Strategy and Capital Markets. Smedes Rose from Citi Research will also be part of the conference call.
W. P. Carey has seen a 14.3% rise in its stock since November, doing better than the S&P 500, but its valuation and debt levels are average when compared to similar companies. Recent results were mixed, with revenue and funds from operations per share beating expectations, while net income and EBITDA fell because of asset sales. The management is optimistic about 2025, planning major investments and asset sales, but the stock is considered fairly valued without any outstanding growth potential.
W.P. Carey (WPC 2.54%) is a prominent investor in real estate. This real estate investment trust (REIT) has a varied collection of properties located in North America and Europe.
W. P. Carey has sold its office properties and is now concentrating on industrial and warehouse assets. Their portfolio consists of 1,555 net lease properties, primarily in the industrial and warehouse sector, and is mostly fully occupied. The company has experienced growth in adjusted funds from operations (FFO), with 64% of its investments in industrial and warehouse assets, which has helped boost its adjusted FFO and dividends.
W. P. Carey continues to be appealing even after the recent market upswing, as it has significantly outperformed both the broader market and many other REITs. Its strong results are supported by impressive lease growth, favorable re-leasing rates, high investment yields exceeding 9% in 2024, and a solid financial position. These factors highlight the REIT's potential to provide substantial returns following its strategic spin-off and the difficulties of the last few years.
During a discussion about W.P. Carey's (WPC 0.72%) results for 2024, CEO Jason Fox highlighted that this year represents a "new baseline" for the company's adjusted funds from operations (FFO).
We have just released a list of 10 stocks that analysts believe will increase in value. In this article, we will examine how W.P. Carey Inc. (NYSE:WPC) compares to other stocks that analysts are optimistic about. This week, the S&P 500 index reached a record high, partly due to developments at Mark Zuckerberg's company.
The results for the fourth quarter of 2024 indicate a projected growth of 3.6% in AFFO and a 6% dividend yield, leading to an expected total return of 9.25% to 10%. The management is effectively using low-cost Euro debt and selling off non-essential assets to improve investment returns. Even with economic uncertainties, careful management choices and a likely increase in the P/AFFO ratio suggest that W. P. Carey is a reliable and profitable investment.
W. P. Carey (WPC -0.31%) shares are currently priced just under $60.
Last year marked a time of change for W. P. Carey (WPC 2.78%).