Gaming and Leisure Properties (GLPI) Projected to Post Earnings on Thursday

Gaming and Leisure Properties (NASDAQ:GLPI - Get Free Report) is expected to issue its Q2 2025 quarterly earnings data after the market closes on Thursday, July 24th. Analysts expect the company to announce earnings of $0.97 per share and revenue of $397.27 million for the quarter. Gaming and Leisure Properties has set its FY 2025 guidance at 3.840-3.870 EPS.

Gaming and Leisure Properties (NASDAQ:GLPI - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $0.96 earnings per share for the quarter, meeting the consensus estimate of $0.96. Gaming and Leisure Properties had a net margin of 50.41% and a return on equity of 17.02%. The firm had revenue of $395.24 million during the quarter, compared to analysts' expectations of $396.27 million. During the same period in the previous year, the company earned $0.92 earnings per share. The firm's quarterly revenue was up 5.1% on a year-over-year basis. On average, analysts expect Gaming and Leisure Properties to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Gaming and Leisure Properties Stock Performance

Shares of GLPI traded up $0.25 during mid-day trading on Friday, hitting $47.70. 1,346,244 shares of the company traded hands, compared to its average volume of 1,341,691. The company has a debt-to-equity ratio of 1.51, a quick ratio of 4.12 and a current ratio of 4.12. The stock has a 50-day moving average price of $46.90 and a two-hundred day moving average price of $48.09. Gaming and Leisure Properties has a 1 year low of $44.48 and a 1 year high of $52.60. The stock has a market cap of $13.11 billion, a price-to-earnings ratio of 16.98, a P/E/G ratio of 10.37 and a beta of 0.72.

Gaming and Leisure Properties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Friday, June 13th were given a $0.78 dividend. The ex-dividend date was Friday, June 13th. This is an increase from Gaming and Leisure Properties's previous quarterly dividend of $0.76. This represents a $3.12 annualized dividend and a yield of 6.54%. Gaming and Leisure Properties's dividend payout ratio (DPR) is presently 111.03%.

Insider Activity at Gaming and Leisure Properties

In related news, Director E Scott Urdang sold 4,000 shares of Gaming and Leisure Properties stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $46.58, for a total transaction of $186,320.00. Following the completion of the transaction, the director directly owned 136,953 shares of the company's stock, valued at approximately $6,379,270.74. The trade was a 2.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 4.26% of the company's stock.

Analyst Ratings Changes

GLPI has been the topic of several recent research reports. Scotiabank decreased their price target on shares of Gaming and Leisure Properties from $49.00 to $48.00 and set a "sector perform" rating on the stock in a research report on Monday, May 12th. Barclays upped their price target on shares of Gaming and Leisure Properties from $53.00 to $54.00 and gave the stock an "equal weight" rating in a research report on Tuesday, April 22nd. Wedbush set a $55.00 price target on shares of Gaming and Leisure Properties in a research report on Monday, April 28th. Wells Fargo & Company dropped their price target on shares of Gaming and Leisure Properties from $51.00 to $49.00 and set an "equal weight" rating for the company in a research report on Monday, June 2nd. Finally, Royal Bank Of Canada dropped their price target on shares of Gaming and Leisure Properties from $56.00 to $54.00 and set an "outperform" rating for the company in a research report on Monday, April 28th. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, Gaming and Leisure Properties presently has an average rating of "Moderate Buy" and an average target price of $53.68.

Gaming and Leisure Properties Company Profile

Gaming & Leisure Properties, Inc engages in the provision of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company was founded on February 13, 2013 and is headquartered in Wyomissing, PA.