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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
1907, 1929, 1998, 2007--and now 2023? (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
1907, 1929, 1998, 2007--and now 2023? (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Reverse ‘money machines’ popping up across America (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
1907, 1929, 1998, 2007--and now 2023? (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
1907, 1929, 1998, 2007--and now 2023? (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Reverse ‘money machines’ popping up across America (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
1907, 1929, 1998, 2007--and now 2023? (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
1907, 1929, 1998, 2007--and now 2023? (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Reverse ‘money machines’ popping up across America (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people

Gaming and Leisure Properties (GLPI) Stock Forecast, Price & News

$46.61
-0.52 (-1.10%)
(As of 09/22/2023 ET)
Compare
Today's Range
$46.59
$47.37
50-Day Range
$45.58
$49.73
52-Week Range
$43.46
$55.13
Volume
1.25 million shs
Average Volume
4.12 million shs
Market Capitalization
$12.24 billion
P/E Ratio
16.13
Dividend Yield
6.26%
Price Target
$55.27

Gaming and Leisure Properties MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.82 Rating Score
Upside/​Downside
18.6% Upside
$55.27 Price Target
Short Interest
Bearish
1.85% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.76
Upright™ Environmental Score
News Sentiment
0.61mentions of Gaming and Leisure Properties in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$163,835 Bought Last Quarter
Proj. Earnings Growth
1.94%
From $3.60 to $3.67 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.68 out of 5 stars

Finance Sector

248th out of 842 stocks

Real Estate Investment Trusts Industry

43rd out of 182 stocks


GLPI stock logo

About Gaming and Leisure Properties (NASDAQ:GLPI) Stock

GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.

GLPI Price History

GLPI Stock News Headlines

Gaming and Leisure (GLPI) Receives a New Rating from Wells Fargo
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk
I recently traveled more than 3,000 miles and shot this video outside what could end up being Elon Musk’s biggest secret. Most people don’t know about this facility, but it could be the most important AI project in the world. What’s happening inside these walls is so important that our government has declared it a matter of national security.
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk
I recently traveled more than 3,000 miles and shot this video outside what could end up being Elon Musk’s biggest secret. Most people don’t know about this facility, but it could be the most important AI project in the world. What’s happening inside these walls is so important that our government has declared it a matter of national security.
RBC Capital Sticks to Its Buy Rating for Gaming and Leisure (GLPI)
Truist Financial Remains a Buy on Gaming and Leisure (GLPI)
Gaming & Leisure Properties (GLPI)
Q2 2023 Las Vegas Sands Corp Earnings Call
7 Analysts Have This to Say About Gaming and Leisure Props
See More Headlines
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GLPI Company Calendar

Last Earnings
7/28/2022
Ex-Dividend for 6/30 Dividend
6/15/2023
Dividend Payable
6/30/2023
Ex-Dividend for 9/29 Dividend
9/14/2023
Today
9/24/2023
Dividend Payable
9/29/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:GLPI
Previous Symbol
NASDAQ:GLPIV
Fax
N/A
Employees
17
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$55.27
High Stock Price Forecast
$63.00
Low Stock Price Forecast
$50.00
Forecasted Upside/Downside
+18.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
11 Analysts

Profitability

Net Income
$684.65 million
Pretax Margin
57.24%

Debt

Sales & Book Value

Annual Sales
$1.31 billion
Cash Flow
$3.79 per share
Book Value
$16.12 per share

Miscellaneous

Free Float
251,084,000
Market Cap
$12.24 billion
Optionable
Optionable
Beta
0.98
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Key Executives

  • Mr. Peter M. Carlino (Age 77)
    Chairman & CEO
    Comp: $5.83M
  • Ms. Desiree A. BurkeMs. Desiree A. Burke (Age 58)
    CFO & Treasurer
    Comp: $1.11M
  • Mr. Brandon John Moore (Age 48)
    COO, Gen. Counsel & Sec.
    Comp: $1.28M
  • Mr. Matthew J. Demchyk CFA (Age 41)
    Sr. VP & Chief Investment Officer
    Comp: $1.08M
  • Mr. Steven L. LadanyMr. Steven L. Ladany (Age 42)
    Sr. VP & Chief Devel. Officer
    Comp: $1M













GLPI Stock - Frequently Asked Questions

Should I buy or sell Gaming and Leisure Properties stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gaming and Leisure Properties in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GLPI shares.
View GLPI analyst ratings
or view top-rated stocks.

What is Gaming and Leisure Properties' stock price forecast for 2023?

11 Wall Street research analysts have issued 12-month price targets for Gaming and Leisure Properties' stock. Their GLPI share price forecasts range from $50.00 to $63.00. On average, they predict the company's share price to reach $55.27 in the next twelve months. This suggests a possible upside of 18.6% from the stock's current price.
View analysts price targets for GLPI
or view top-rated stocks among Wall Street analysts.

How have GLPI shares performed in 2023?

Gaming and Leisure Properties' stock was trading at $52.09 at the beginning of the year. Since then, GLPI stock has decreased by 10.5% and is now trading at $46.61.
View the best growth stocks for 2023 here
.

Are investors shorting Gaming and Leisure Properties?

Gaming and Leisure Properties saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 4,870,000 shares, an increase of 15.1% from the August 15th total of 4,230,000 shares. Based on an average daily volume of 1,230,000 shares, the days-to-cover ratio is currently 4.0 days.
View Gaming and Leisure Properties' Short Interest
.

When is Gaming and Leisure Properties' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our GLPI earnings forecast
.

How were Gaming and Leisure Properties' earnings last quarter?

Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) issued its quarterly earnings data on Thursday, July, 28th. The real estate investment trust reported $0.62 EPS for the quarter, missing analysts' consensus estimates of $0.89 by $0.27. The real estate investment trust earned $326.40 million during the quarter, compared to the consensus estimate of $325.40 million. Gaming and Leisure Properties had a trailing twelve-month return on equity of 18.63% and a net margin of 54.88%. The firm's revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.87 EPS.

How often does Gaming and Leisure Properties pay dividends? What is the dividend yield for Gaming and Leisure Properties?

Gaming and Leisure Properties declared a quarterly dividend on Wednesday, August 30th. Investors of record on Friday, September 15th will be paid a dividend of $0.73 per share on Friday, September 29th. This represents a $2.92 annualized dividend and a yield of 6.26%. The ex-dividend date is Thursday, September 14th. This is a boost from the stock's previous quarterly dividend of $0.72.
Read our dividend analysis for GLPI
.

Is Gaming and Leisure Properties a good dividend stock?

Gaming and Leisure Properties (NASDAQ:GLPI) pays an annual dividend of $2.92 per share and currently has a dividend yield of 6.26%. GLPI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 101.04%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, GLPI will have a dividend payout ratio of 79.56% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for GLPI.

What guidance has Gaming and Leisure Properties issued on next quarter's earnings?

Gaming and Leisure Properties updated its FY23 earnings guidance on Thursday, July, 27th. The company provided EPS guidance of $3.66-$3.68 for the period, compared to the consensus earnings per share estimate of $3.67.

What other stocks do shareholders of Gaming and Leisure Properties own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Gaming and Leisure Properties investors own include Edwards Lifesciences (EW), Omega Healthcare Investors (OHI), Enterprise Products Partners (EPD), AT&T (T), ONEOK (OKE), Gilead Sciences (GILD), AbbVie (ABBV), Ares Capital (ARCC), Brookfield Infrastructure Partners (BIP) and Ventas (VTR).

What is Gaming and Leisure Properties' stock symbol?

Gaming and Leisure Properties trades on the NASDAQ under the ticker symbol "GLPI."

Who are Gaming and Leisure Properties' major shareholders?

Gaming and Leisure Properties' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.22%), Capital International Investors (4.45%), Capital World Investors (4.21%), State Street Corp (3.50%), Principal Financial Group Inc. (2.89%) and Allspring Global Investments Holdings LLC (1.86%). Insiders that own company stock include Barry F Schwartz, Brandon John Moore, Desiree A Burke, E Scott Urdang, Matthew Demchyk and Steven Ladany.
View institutional ownership trends
.

How do I buy shares of Gaming and Leisure Properties?

Shares of GLPI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Gaming and Leisure Properties' stock price today?

One share of GLPI stock can currently be purchased for approximately $46.61.

How much money does Gaming and Leisure Properties make?

Gaming and Leisure Properties (NASDAQ:GLPI) has a market capitalization of $12.24 billion and generates $1.31 billion in revenue each year. The real estate investment trust earns $684.65 million in net income (profit) each year or $2.89 on an earnings per share basis.

How can I contact Gaming and Leisure Properties?

Gaming and Leisure Properties' mailing address is 845 Berkshire Blvd. Suite200, Wyomissing PA, 19610. The official website for the company is www.glpropinc.com. The real estate investment trust can be reached via phone at (610) 401-2900 or via email at ssnyder@glpropinc.com.

This page (NASDAQ:GLPI) was last updated on 9/24/2023 by MarketBeat.com Staff

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