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

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gaming and Leisure Properties in the last twelve months. There are currently 1 sell rating, 2 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GLPI shares.
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10 Wall Street analysts have issued 12-month price objectives for Gaming and Leisure Properties' stock. Their GLPI share price forecasts range from $50.00 to $62.00. On average, they predict the company's stock price to reach $55.10 in the next year. This suggests a possible upside of 22.6% from the stock's current price.
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Gaming and Leisure Properties' stock was trading at $48.66 at the start of the year. Since then, GLPI shares have decreased by 7.6% and is now trading at $44.94.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our GLPI earnings forecast.

Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) posted its quarterly earnings data on Thursday, July, 28th. The real estate investment trust reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by $0.27. The real estate investment trust earned $326.40 million during the quarter, compared to analysts' expectations of $325.40 million. Gaming and Leisure Properties had a trailing twelve-month return on equity of 16.30% and a net margin of 43.54%. The firm's revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.87 EPS.

Gaming and Leisure Properties declared a quarterly dividend on Wednesday, August 31st. Stockholders of record on Friday, September 16th will be given a dividend of $0.705 per share on Friday, September 30th. This represents a $2.82 dividend on an annualized basis and a dividend yield of 6.28%. The ex-dividend date of this dividend is Thursday, September 15th.
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 6.26%. 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 127.03%. 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 77.69% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for GLPI.

Gaming and Leisure Properties updated its FY 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of $3.50-$3.54 for the period. The company issued revenue guidance of -.

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 many different institutional and retail investors. Top institutional shareholders include FMR LLC (4.79%), State Street Corp (2.97%), Dodge & Cox (2.49%), Allspring Global Investments Holdings LLC (1.94%), DAVENPORT & Co LLC (0.65%) and Legal & General Group Plc (0.61%). 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 $44.94.

Gaming and Leisure Properties (NASDAQ:GLPI) has a market capitalization of $11.48 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 $2.22 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.