Gaming and Leisure Properties (NASDAQ:GLPI) Releases FY 2025 Earnings Guidance

Gaming and Leisure Properties (NASDAQ:GLPI - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.850-3.87 for the period, compared to the consensus estimate of 3.859. The company issued revenue guidance of -.

Gaming and Leisure Properties Trading Up 0.0%

Gaming and Leisure Properties stock traded up $0.02 during mid-day trading on Thursday, hitting $47.15. The company's stock had a trading volume of 2,716,095 shares, compared to its average volume of 1,428,887. The company has a debt-to-equity ratio of 1.51, a current ratio of 4.12 and a quick ratio of 4.12. The stock has a market cap of $12.96 billion, a price-to-earnings ratio of 16.78, a price-to-earnings-growth ratio of 10.32 and a beta of 0.72. The business has a 50 day moving average price of $46.97 and a 200-day moving average price of $48.07. Gaming and Leisure Properties has a 12 month low of $44.48 and a 12 month high of $52.60.

Gaming and Leisure Properties (NASDAQ:GLPI - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The real estate investment trust reported $0.96 earnings per share for the quarter, missing the consensus estimate of $0.97 by ($0.01). Gaming and Leisure Properties had a return on equity of 17.02% and a net margin of 50.41%. As a group, analysts forecast that Gaming and Leisure Properties will post 3.81 EPS for the current year.

Gaming and Leisure Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Friday, June 13th were given a $0.78 dividend. This is a boost from Gaming and Leisure Properties's previous quarterly dividend of $0.76. The ex-dividend date of this dividend was Friday, June 13th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 6.62%. Gaming and Leisure Properties's payout ratio is presently 111.03%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Stifel Nicolaus cut shares of Gaming and Leisure Properties from a "buy" rating to a "hold" rating and set a $51.25 price target on the stock. in a research report on Monday. Macquarie reiterated an "outperform" rating and set a $60.00 price target on shares of Gaming and Leisure Properties in a research report on Friday, April 25th. Wells Fargo & Company reduced their price target on shares of Gaming and Leisure Properties from $51.00 to $49.00 and set an "equal weight" rating on the stock in a research report on Monday, June 2nd. Barclays boosted their price target on shares of Gaming and Leisure Properties from $54.00 to $55.00 and gave the company an "equal weight" rating in a research report on Monday. Finally, Wedbush set a $55.00 price target on shares of Gaming and Leisure Properties in a research report on Monday, April 28th. Seven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $53.30.

Insider Activity

In other news, Director E Scott Urdang sold 4,000 shares of the company's stock in a transaction that occurred on Friday, June 13th. The shares were sold at an average price of $46.58, for a total value of $186,320.00. Following the transaction, the director owned 136,953 shares in the company, valued at approximately $6,379,270.74. This represents a 2.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 4.26% of the company's stock.

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.

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