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

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gaming and Leisure Properties in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GLPI shares.
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7 brokers have issued twelve-month price objectives for Gaming and Leisure Properties' stock. Their GLPI share price forecasts range from $54.00 to $62.00. On average, they predict the company's stock price to reach $56.60 in the next year. This suggests a possible upside of 4.6% from the stock's current price.
View analysts price targets for GLPI or view top-rated stocks among Wall Street analysts.

Gaming and Leisure Properties' stock was trading at $52.09 on January 1st, 2023. Since then, GLPI stock has increased by 3.9% and is now trading at $54.10.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our GLPI earnings forecast.

Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) released 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 had revenue of $326.40 million for the quarter, compared to analyst estimates of $325.40 million. Gaming and Leisure Properties had a trailing twelve-month return on equity of 17.12% and a net margin of 47.91%. The firm's revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.87 EPS.

Gaming and Leisure Properties declared a quarterly dividend on Wednesday, November 23rd. Investors of record on Friday, December 9th will be paid a dividend of $0.705 per share on Friday, December 23rd. This represents a $2.82 annualized dividend and a dividend yield of 5.21%. The ex-dividend date of this dividend is Thursday, December 8th.
Read our dividend analysis for GLPI.

Gaming and Leisure Properties (NASDAQ:GLPI) pays an annual dividend of $2.82 per share and currently has a dividend yield of 5.27%. 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 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 115.57%. 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 77.47% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for GLPI.

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).

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

Gaming and Leisure Properties' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (1.88%), Sumitomo Mitsui Trust Holdings Inc. (0.70%), Lasalle Investment Management Securities LLC (0.53%), DAVENPORT & Co LLC (0.50%), MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH (0.33%) and State of New Jersey Common Pension Fund D (0.17%). Insiders that own company stock include Barry F Schwartz, Brandon John Moore, Desiree A Burke, E Scott Urdang, Earl C Shanks, Matthew Demchyk and Steven Ladany.
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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.
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One share of GLPI stock can currently be purchased for approximately $54.10.

Gaming and Leisure Properties (NASDAQ:GLPI) has a market capitalization of $13.82 billion and generates $1.22 billion in revenue each year. The real estate investment trust earns $534.09 million in net income (profit) each year or $2.44 on an earnings per share basis.

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.