W. P. Carey (NYSE:WPC) Downgraded by Zacks Investment Research to Hold

W. P. Carey stock has undergone multiple analysts rating changes in the recent past.  W. P. Carey Downgraded by Zacks Investment Research on 10-12-21. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Buy.

Shares of W. P. Carey traded up $1.19 on Tuesday, reaching $75.71. 0 shares of the stock traded hands, compared to its average volume of 916776. Shares of W. P. Carey were trading at $75.71 on Tuesday. The firm’s 50 day moving average is $76.92 and its 200 day moving average is $73.69.W. P. Carey has a 12 month low of $74.42 and a 12 month high of $82.37. While on yearly highs and lows, W. P. Carey’s today has traded high as $75.87 and has touched $74.42 on the downward trend. See More Analyst Rating at: RATING

W. P. Carey Earnings and What to expect: 

W. P. Carey last issued its quarterly earnings data on July 29th, 2021. The real estate investment trust reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by $0.12. The business earned $319.72 million during the quarter, compared to analysts’ expectations of $315.03 million. Its quarterly revenue was up 10.0% on a year-over-year basis. W. P. Carey has generated $4.74 earnings per share over the last year ($2.57 diluted earnings per share) and currently has a price-to-earnings ratio of 29.5. Earnings for W. P. Carey are expected to grow by 1.85% in the coming year, from $4.86 to $4.95 per share. W. P. Carey has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Friday, October 29th, 2021 based off prior year’s report dates.

Earnings for W. P. Carey are expected to grow by 1.85% in the coming year, from $4.86 to $4.95 per share. The P/E ratio of W. P. Carey is 29.46, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.77. The P/E ratio of W. P. Carey is 29.46, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 14.57. W. P. Carey has a P/B Ratio of 1.93. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

W. P. Carey (NYSE:WPC) Moving Average Technical Analysis

5 day Moving Average is $75.11 And 5 day price change is $1.38 (1.86%)  with average volume for 5 day average is 735,620. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $75.16 and 20 day price change is -$0.50 (-0.66%) and average 20 day moving volume is 934,800. 50 day moving average is $76.92  and 50 day price change is -$3.81 ( -4.79%)  and with average volume for 50 days is : 900,908. 200 day moving average is $73.69  and 200 day price change is $5.31 (7.54%)  and with average volume for 200 days is : 956,253.

Other owners latest trading in W. P. Carey :

  • On 10/12/2021 shares held by Raub Brock Capital Management LP were 3,640 which equates to market value of $0.27M and appx 0.00% owners of W. P. Carey
  • On 10/12/2021 shares held by Private Capital Advisors Inc. were 131,201 which equates to market value of $9.58M and appx 1.60% owners of W. P. Carey
  • On 10/12/2021 shares held by Ayrshire Capital Management LLC were 7,888 which equates to market value of $0.58M and appx 0.30% owners of W. P. Carey
  • In total Institutional ownership equates to Institutional Ownership Percentage: 57.90% for W. P. Carey

See More Analyst Rating at: RATING