BNL - W. P. Carey: Fully Valued
2024-05-28 23:09:34 ET
Summary
- W. P. Carey is a diversified REIT with a market capitalization of $13.03 billion and operations in 26 countries.
- The company has undergone significant changes, including a spinoff and asset sales, but its stock has only increased by 11.1% since then.
- WPC owns a large portfolio of properties, with high occupancy rates and a long weighted average lease term, providing stability for the company.
- The stock looks more or less fairly valued, leading to a 'hold' rating.
In my opinion, one of the most interesting REITs on the market today is none other than W. P. Carey ( WPC ). For those not familiar with the company, it is a diversified REIT that owns primarily single tenant industrial, warehouse, retail, and self-storage facilities. With a market capitalization of $13.03 billion as of this writing, and operations spread across 26 countries, it is one of the largest REITs on the planet....
W. P. Carey: Fully Valued