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NASDAQ:GLPIGaming and Leisure Properties Stock Price, Forecast & News

$37.44
-0.76 (-1.99 %)
(As of 08/14/2020 04:00 PM ET)
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Today's Range
$37.27
Now: $37.44
$37.99
50-Day Range
$32.65
MA: $35.24
$39.30
52-Week Range
$12.78
Now: $37.44
$49.99
Volume759,284 shs
Average Volume1.98 million shs
Market Capitalization$8.16 billion
P/E Ratio19.50
Dividend Yield1.26%
Beta1
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 expects to grow its portfolio by pursuing opportunities to acquire additional gaming facilities to lease to gaming operators. GLPI also intends to diversify its portfolio over time, including by acquiring properties outside the gaming industry to lease to third parties. GLPI elected to be taxed as a REIT for United States federal income tax purposes commencing with the 2014 taxable year and is the first gaming-focused REIT in North America.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.5Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.56 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:GLPI
Previous SymbolNASDAQ:GLPIV
CUSIPN/A
Phone610-401-2900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.15 billion
Cash Flow$2.97 per share
Book Value$9.66 per share

Profitability

Net Income$390.88 million

Miscellaneous

Employees644
Market Cap$8.16 billion
Next Earnings Date10/29/2020 (Estimated)
OptionableOptionable
$37.44
-0.76 (-1.99 %)
(As of 08/14/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Gaming and Leisure Properties (NASDAQ:GLPI) Frequently Asked Questions

How has Gaming and Leisure Properties' stock price been impacted by COVID-19?

Gaming and Leisure Properties' stock was trading at $39.56 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GLPI stock has decreased by 5.4% and is now trading at $37.44.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of 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 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Gaming and Leisure Properties
.

When is Gaming and Leisure Properties' next earnings date?

Gaming and Leisure Properties is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for Gaming and Leisure Properties
.

How were Gaming and Leisure Properties' earnings last quarter?

Gaming and Leisure Properties Inc (NASDAQ:GLPI) announced its quarterly earnings data on Thursday, July, 30th. The real estate investment trust reported $0.52 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.80 by $0.28. The real estate investment trust earned $261.97 million during the quarter, compared to analyst estimates of $259.53 million. Gaming and Leisure Properties had a return on equity of 19.97% and a net margin of 36.90%.
View Gaming and Leisure Properties' earnings history
.

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

Gaming and Leisure Properties announced a quarterly dividend on Friday, August 7th. Investors of record on Monday, August 17th will be given a dividend of $0.60 per share on Friday, September 25th. This represents a $2.40 annualized dividend and a dividend yield of 6.41%. The ex-dividend date of this dividend is Friday, August 14th. This is a positive change from Gaming and Leisure Properties's previous quarterly dividend of $0.55.
View Gaming and Leisure Properties' dividend history
.

What price target have analysts set for GLPI?

9 analysts have issued twelve-month price targets for Gaming and Leisure Properties' shares. Their forecasts range from $29.00 to $51.00. On average, they anticipate Gaming and Leisure Properties' stock price to reach $40.33 in the next twelve months. This suggests a possible upside of 7.7% from the stock's current price.
View analysts' price targets for Gaming and Leisure Properties
.

Has Gaming and Leisure Properties been receiving favorable news coverage?

News coverage about GLPI stock has been trending somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Gaming and Leisure Properties earned a coverage optimism score of 0.6 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days.
View the latest news about Gaming and Leisure Properties
.

Are investors shorting Gaming and Leisure Properties?

Gaming and Leisure Properties saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 3,070,000 shares, a decrease of 44.6% from the June 15th total of 5,540,000 shares. Based on an average daily volume of 2,310,000 shares, the days-to-cover ratio is presently 1.3 days. Currently, 1.5% of the shares of the stock are short sold.
View Gaming and Leisure Properties' Short Interest
.

Who are some of Gaming and Leisure Properties' key competitors?

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), AT&T (T), Enterprise Products Partners (EPD), Gilead Sciences (GILD), AbbVie (ABBV), Brookfield Infrastructure Partners (BIP), Exxon Mobil (XOM), Iron Mountain (IRM) and QUALCOMM (QCOM).

Who are Gaming and Leisure Properties' key executives?

Gaming and Leisure Properties' management team includes the following people:
  • Mr. Peter M. Carlino, Chairman, Pres & CEO (Age 73)
  • Mr. Steven T. Snyder, Sr. VP & CFO (Age 58)
  • Ms. Desiree A. Burke, Sr. VP & Chief Accounting Officer (Age 54)
  • Mr. Brandon John Moore, Sr. VP, Gen. Counsel & Sec. (Age 44)
  • Mr. Matthew Demchyk CFA, Sr. VP of Investments

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 number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (13.52%), Bamco Inc. NY (4.13%), FMR LLC (3.47%), Prudential Financial Inc. (1.11%), Russell Investments Group Ltd. (1.06%) and LSV Asset Management (0.97%). Company insiders that own Gaming and Leisure Properties stock include Brandon John Moore, David A Handler, Desiree A Burke, E Scott Urdang, Earl C Shanks, Joseph W Marshall III and Matthew Demchyk.
View institutional ownership trends for Gaming and Leisure Properties
.

Which institutional investors are selling Gaming and Leisure Properties stock?

GLPI stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., AJO LP, LSV Asset Management, Vanguard Group Inc., Jennison Associates LLC, APG Asset Management N.V., First Trust Advisors LP, and Bank of Montreal Can. Company insiders that have sold Gaming and Leisure Properties company stock in the last year include Brandon John Moore, and Desiree A Burke.
View insider buying and selling activity for Gaming and Leisure Properties
.

Which institutional investors are buying Gaming and Leisure Properties stock?

GLPI stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Russell Investments Group Ltd., Waterfront Capital Partners LLC, Prudential Financial Inc., Marshall Wace North America L.P., Canada Pension Plan Investment Board, Bank of America Corp DE, and Frontier Investment Mgmt Co.. Company insiders that have bought Gaming and Leisure Properties stock in the last two years include David A Handler, E Scott Urdang, Earl C Shanks, Joseph W Marshall III, and Matthew Demchyk.
View insider buying and selling activity for Gaming and Leisure Properties
.

How do I buy shares of 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.

What is Gaming and Leisure Properties' stock price today?

One share of GLPI stock can currently be purchased for approximately $37.44.

How big of a company is Gaming and Leisure Properties?

Gaming and Leisure Properties has a market capitalization of $8.16 billion and generates $1.15 billion in revenue each year. The real estate investment trust earns $390.88 million in net income (profit) each year or $3.44 on an earnings per share basis. Gaming and Leisure Properties employs 644 workers across the globe.

What is Gaming and Leisure Properties' official website?

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

How can I contact Gaming and Leisure Properties?

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]

This page was last updated on 8/15/2020 by MarketBeat.com Staff

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