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 declared a quarterly dividend on Tuesday, October 16th. Shareholders of record on Friday, December 14th will be paid a dividend of $0.68 per share on Friday, December 28th. This represents a $2.72 annualized dividend and a yield of 7.31%. The ex-dividend date is Thursday, December 13th. This is a boost from Gaming and Leisure Properties's previous quarterly dividend of $0.63. View Gaming and Leisure Properties' Dividend History.

Gaming and Leisure Properties Inc (NASDAQ:GLPI) released its earnings results on Wednesday, February, 13th. The real estate investment trust reported $0.84 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.82 by $0.02. The real estate investment trust had revenue of $303.30 million for the quarter, compared to the consensus estimate of $306.12 million. Gaming and Leisure Properties had a return on equity of 14.24% and a net margin of 32.16%. The business's quarterly revenue was up 26.0% compared to the same quarter last year. During the same period last year, the business earned $0.55 earnings per share. View Gaming and Leisure Properties' Earnings History.

Gaming and Leisure Properties is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Gaming and Leisure Properties.

Gaming and Leisure Properties issued an update on its FY19 earnings guidance on Wednesday, February, 13th. The company provided earnings per share (EPS) guidance of $3.40-$3.45 for the period, compared to the Thomson Reuters consensus estimate of $3.17. The company issued revenue guidance of $1154.1-$1159.8 billion, compared to the consensus revenue estimate of $1.27 billion.Gaming and Leisure Properties also updated its FY 2019 guidance to $3.40-3.45 EPS.

8 Wall Street analysts have issued 12 month price targets for Gaming and Leisure Properties' shares. Their forecasts range from $32.00 to $48.00. On average, they expect Gaming and Leisure Properties' stock price to reach $39.5556 in the next twelve months. This suggests a possible upside of 6.4% from the stock's current price. View Analyst Price Targets for Gaming and Leisure Properties.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gaming and Leisure Properties in the last year. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gaming and Leisure Properties.

News coverage about GLPI stock has been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. 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 media sentiment score of -1.0 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Some companies that are related to Gaming and Leisure Properties include Welltower (WELL), AvalonBay Communities (AVB), Equity Residential (EQR), DIGITAL RLTY TR/SH (DLR), Ventas (VTR), SBA Communications (SBAC), Realty Income (O), Boston Properties (BXP), Weyerhaeuser (WY), Essex Property Trust (ESS), Alexandria Real Estate Equities (ARE), HCP (HCP), ANNALY CAP MGMT/SH (NLY), Host Hotels and Resorts (HST) and Vornado Realty Trust (VNO).

Gaming and Leisure Properties' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.14%), PGGM Investments (2.09%), Cohen & Steers Inc. (1.77%), Harris Associates L P (1.55%), Gates Capital Management Inc. (1.54%) and Daiwa Securities Group Inc. (1.46%). Company insiders that own Gaming and Leisure Properties stock include Barry F Schwartz, David A Handler, E Scott Urdang, Joseph W Marshall III, Peter M Carlino, Steven T Snyder 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 Gates Capital Management Inc., Prudential Financial Inc., Millennium Management LLC, Caxton Associates LP, Nuveen Asset Management LLC, Northern Trust Corp, Employees Retirement System of Texas and Mackay Shields LLC. View Insider Buying and Selling for Gaming and Leisure Properties.

GLPI stock was purchased by a variety of institutional investors in the last quarter, including PGGM Investments, Daiwa Securities Group Inc., Cohen & Steers Inc., Two Sigma Advisers LP, Fortress Investment Group LLC, LSV Asset Management, Two Sigma Investments LP and BlackRock Inc.. Company insiders that have bought Gaming and Leisure Properties stock in the last two years include Barry F Schwartz, David A Handler, E Scott Urdang, Joseph W Marshall III, 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, Scottrade, Fidelity and Charles Schwab.

One share of GLPI stock can currently be purchased for approximately $37.19.

Gaming and Leisure Properties has a market capitalization of $7.96 billion and generates $1.06 billion in revenue each year. The real estate investment trust earns $380.59 million in net income (profit) each year or $3.18 on an earnings per share basis. Gaming and Leisure Properties employs 714 workers across the globe.

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]