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

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 paid a dividend of $0.68 per share on Friday, September 20th. This represents a $2.72 annualized dividend and a yield of 6.98%. 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) issued its quarterly earnings data on Wednesday, August, 7th. The real estate investment trust reported $0.43 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.76 by $0.33. The real estate investment trust had revenue of $289.01 million for the quarter, compared to analyst estimates of $289.64 million. Gaming and Leisure Properties had a net margin of 29.69% and a return on equity of 14.98%. Gaming and Leisure Properties's revenue was up 13.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.43 earnings per share. View Gaming and Leisure Properties' Earnings History.

Gaming and Leisure Properties is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Gaming and Leisure Properties.

Gaming and Leisure Properties issued an update on its FY19 earnings guidance on Wednesday, August, 7th. The company provided earnings per share (EPS) guidance of $3.40-3.41 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.99. The company issued revenue guidance of $1151.5-1152.4 million, compared to the consensus revenue estimate of $1.16 billion.

9 analysts have issued 1 year price targets for Gaming and Leisure Properties' stock. Their forecasts range from $37.00 to $48.00. On average, they anticipate Gaming and Leisure Properties' stock price to reach $43.00 in the next year. This suggests a possible upside of 10.3% from the stock's current price. View Analyst Price Targets for Gaming and Leisure Properties.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gaming and Leisure Properties in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gaming and Leisure Properties.

News articles about GLPI stock have trended negative on Thursday, according to InfoTrie. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public 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 -2.9 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Gaming and Leisure Properties.

Gaming and Leisure Properties saw a decline in short interest in August. As of August 31st, there was short interest totalling 1,300,800 shares, a decline of 19.2% from the July 31st total of 1,610,300 shares. Based on an average trading volume of 1,130,000 shares, the short-interest ratio is currently 1.2 days. Currently, 0.6% of the company's stock are sold short. View Gaming and Leisure Properties' Current Options Chain.

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

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), AT&T (T), Sirius XM (SIRI), Enterprise Products Partners (EPD), Medical Properties Trust (MPW), Ares Capital (ARCC), Energy Transfer LP Unit (ET) and New Residential Investment (NRZ).

Gaming and Leisure Properties' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (14.15%), BlackRock Inc. (6.70%), BlackRock Inc. (6.70%), Bamco Inc. NY (4.55%), Renaissance Technologies LLC (3.84%) and Putnam Investments LLC (2.29%). 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 Morgan Stanley, Renaissance Technologies LLC, BlackRock Inc., BlackRock Inc., Vanguard Group Inc., Bamco Inc. NY, Fortress Investment Group LLC and Balyasny Asset Management LLC. View Insider Buying and Selling for Gaming and Leisure Properties.

GLPI stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Cohen & Steers Inc., Invesco Ltd., Polaris Greystone Financial Group LLC, LSV Asset Management, JPMorgan Chase & Co., Canada Pension Plan Investment Board and Investec Asset Management LTD. 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 $38.99.

Gaming and Leisure Properties has a market capitalization of $8.37 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. Suite200, Wyomissing PA, 19610. The real estate investment trust can be reached via phone at 610-401-2900 or via email at [email protected]