Gaming and Leisure Properties Stock Price, Forecast & Analysis (NASDAQ:GLPI)

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

Gaming and Leisure Properties announced a quarterly dividend on Wednesday, August 21st. Investors of record on Friday, September 6th will be given a dividend of $0.68 per share on Friday, September 20th. This represents a $2.72 annualized dividend and a dividend yield of 6.36%. The ex-dividend date of this dividend is Thursday, September 5th. View Gaming and Leisure Properties' Dividend History.

Gaming and Leisure Properties Inc (NASDAQ:GLPI) announced its quarterly earnings data on Thursday, October, 31st. The real estate investment trust reported $0.42 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.83 by $0.41. The real estate investment trust had revenue of $287.61 million for the quarter, compared to the consensus estimate of $288.09 million. Gaming and Leisure Properties had a net margin of 27.62% and a return on equity of 14.76%. The firm's revenue for the quarter was up 13.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.76 EPS. View Gaming and Leisure Properties' Earnings History.

Gaming and Leisure Properties is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Gaming and Leisure Properties.

Gaming and Leisure Properties issued an update on its fourth quarter earnings guidance on Thursday, October, 31st. The company provided earnings per share guidance of $0.87 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.76. The company issued revenue guidance of $288.2 million, compared to the consensus revenue estimate of $287.04 million.

8 equities research analysts have issued 12 month price objectives for Gaming and Leisure Properties' stock. Their forecasts range from $41.00 to $48.00. On average, they anticipate Gaming and Leisure Properties' share price to reach $44.43 in the next year. This suggests a possible upside of 3.8% from the stock's current price. View Analyst Price Targets for Gaming and Leisure Properties.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gaming and Leisure Properties in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gaming and Leisure Properties.

Press coverage about GLPI stock has been trending neutral on Monday, InfoTrie reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Gaming and Leisure Properties earned a daily sentiment score of 0.3 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Gaming and Leisure Properties.

Gaming and Leisure Properties saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 1,920,000 shares, an increase of 29.7% from the September 30th total of 1,480,000 shares. Based on an average trading volume of 831,300 shares, the short-interest ratio is presently 2.3 days. Approximately 1.0% of the shares of the company are sold short. View Gaming and Leisure Properties' Current Options Chain.

Some companies that are related to Gaming and Leisure Properties include Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), SBA Communications (SBAC), Realty Income (O), DIGITAL RLTY TR/SH (DLR), Weyerhaeuser (WY), Ventas (VTR), Boston Properties (BXP), Essex Property Trust (ESS), Alexandria Real Estate Equities (ARE), HCP (HCP), Mid-America Apartment Communities (MAA), WP Carey (WPC) and Sun Communities (SUI).

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), Brookfield Infrastructure Partners (BIP), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), AT&T (T), New Residential Investment (NRZ), Ares Capital (ARCC), Sirius XM (SIRI) and ARBOR RLTY TR I/SH (ABR).

Gaming and Leisure Properties' stock is owned by many different of retail and institutional investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.74%), Russell Investments Group Ltd. (0.39%), PGGM Investments (0.34%), Ferguson Wellman Capital Management Inc. (0.31%), California Public Employees Retirement System (0.22%) and State of New Jersey Common Pension Fund D (0.13%). Company insiders that own Gaming and Leisure Properties stock include David A Handler, Desiree A Burke, E Scott Urdang, Joseph W Marshall III, Matthew Demchyk, Peter M Carlino and William J Clifford. View Institutional Ownership Trends for Gaming and Leisure Properties.

GLPI stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Daiwa Securities Group Inc., Robeco Institutional Asset Management B.V., First Trust Advisors LP, State of Alaska Department of Revenue, Decatur Capital Management Inc., Mackay Shields LLC and Strs Ohio. View Insider Buying and Selling for Gaming and Leisure Properties.

GLPI stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., State of New Jersey Common Pension Fund D, Moody National Bank Trust Division, California Public Employees Retirement System, SG Americas Securities LLC, Sumitomo Mitsui Trust Holdings Inc., Picton Mahoney Asset Management and Nisa Investment Advisors LLC. Company insiders that have bought Gaming and Leisure Properties stock in the last two years include David A Handler, E Scott Urdang, Joseph W Marshall III, Matthew Demchyk, Peter M Carlino and William J Clifford. View Insider Buying and Selling for Gaming and Leisure Properties.

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

One share of GLPI stock can currently be purchased for approximately $42.79.

Gaming and Leisure Properties has a market capitalization of $9.19 billion and generates $1.06 billion in revenue each year. The real estate investment trust earns $339.51 million in net income (profit) each year or $3.18 on an earnings per share basis. Gaming and Leisure Properties employs 644 workers across the globe.View Additional Information About Gaming and Leisure Properties.

The official website for Gaming and Leisure Properties is http://www.glpropinc.com/.

Gaming and Leisure Properties' mailing address is 845 Berkshire Blvd. Suite 200, Wyomissing PA, 19610. The real estate investment trust can be reached via phone at 610-401-2900 or via email at [email protected]