NASDAQ:GLPI - Gaming and Leisure Properties Stock Price, Forecast & News

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

Gaming and Leisure Properties declared a quarterly dividend on Wednesday, November 27th. Shareholders of record on Friday, December 13th will be given a dividend of $0.70 per share on Friday, December 27th. This represents a $2.80 dividend on an annualized basis and a yield of 6.63%. The ex-dividend date of this dividend is Thursday, December 12th. This is a boost from Gaming and Leisure Properties's previous quarterly dividend of $0.68. View Gaming and Leisure Properties' Dividend History.

Gaming and Leisure Properties Inc (NASDAQ:GLPI) released its quarterly earnings data on Thursday, October, 31st. The real estate investment trust reported $0.42 earnings per share for the quarter, missing analysts' consensus estimates of $0.83 by $0.41. The real estate investment trust earned $287.61 million during the quarter, compared to analysts' expectations of $288.09 million. Gaming and Leisure Properties had a net margin of 27.62% and a return on equity of 14.76%. The company's revenue was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the firm 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 updated 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 EPS estimate of $0.76. The company issued revenue guidance of $288.2 million, compared to the consensus revenue estimate of $287.04 million.

7 brokerages have issued twelve-month price objectives for Gaming and Leisure Properties' shares. Their forecasts range from $41.00 to $47.00. On average, they anticipate Gaming and Leisure Properties' stock price to reach $43.83 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.

7 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gaming and Leisure Properties.

News stories about GLPI stock have trended somewhat positive on Thursday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Gaming and Leisure Properties earned a news impact score of 0.6 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Gaming and Leisure Properties.

Gaming and Leisure Properties saw a increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,920,000 shares, an increase of 29.7% from the October 31st total of 1,480,000 shares. Based on an average daily trading volume, of 831,300 shares, the days-to-cover ratio is currently 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), DIGITAL RLTY TR/SH (DLR), Realty Income (O), Weyerhaeuser (WY), Ventas (VTR), Boston Properties (BXP), Essex Property Trust (ESS), Alexandria Real Estate Equities (ARE), HCP (HCP), Mid-America Apartment Communities (MAA), Sun Communities (SUI) and WP Carey (WPC).

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), AT&T (T), Energy Transfer LP Unit (ET), Ares Capital (ARCC), New Residential Investment (NRZ), AbbVie (ABBV) and Blackstone Group (BX).

Gaming and Leisure Properties' stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (2.14%), Robeco Institutional Asset Management B.V. (0.74%), Russell Investments Group Ltd. (0.39%), Millennium Management LLC (0.36%), PGGM Investments (0.34%) and Parametric Portfolio Associates LLC (0.32%). 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 Millennium Management LLC, Russell Investments Group Ltd., State of New Jersey Common Pension Fund D, Moody National Bank Trust Division, Ancora Advisors LLC, California Public Employees Retirement System, Sunbelt Securities Inc. and SG Americas Securities 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 $42.21.

Gaming and Leisure Properties has a market capitalization of $9.06 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]