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

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

Gaming and Leisure Properties announced a quarterly dividend on Wednesday, November 27th. Shareholders of record on Friday, December 13th will be given a dividend of $0.70 per share on Friday, December 27th. This represents a $2.80 annualized dividend and a yield of 6.19%. The ex-dividend date of this dividend is Thursday, December 12th. This is a boost from Gaming and Leisure Properties's previous quarterly dividend of $0.68. View Gaming and Leisure Properties' Dividend History.

Gaming and Leisure Properties Inc (NASDAQ:GLPI) issued its earnings results on Thursday, October, 31st. The real estate investment trust reported $0.42 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.83 by $0.41. The real estate investment trust had revenue of $287.61 million for the quarter, compared to analysts' expectations of $288.09 million. Gaming and Leisure Properties had a return on equity of 14.76% and a net margin of 27.62%. Gaming and Leisure Properties's revenue was up 13.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.76 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, February 12th 2020. View Earnings Estimates for Gaming and Leisure Properties.

Gaming and Leisure Properties issued an update on its fourth quarter earnings guidance on Thursday, October, 31st. The company provided EPS guidance of $0.87 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.76. The company issued revenue guidance of $288.2 million, compared to the consensus revenue estimate of $287.04 million.

8 Wall Street analysts have issued 1 year target prices for Gaming and Leisure Properties' shares. Their forecasts range from $41.00 to $47.00. On average, they anticipate Gaming and Leisure Properties' share price to reach $44.29 in the next twelve months. This suggests that the stock has a possible downside of 2.1%. 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 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gaming and Leisure Properties.

Media coverage about GLPI stock has trended very positive on Friday, according to InfoTrie. The research group identifies positive and negative news 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 daily sentiment score of 3.8 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Gaming and Leisure Properties.

Gaming and Leisure Properties saw a drop in short interest in the month of December. As of December 31st, there was short interest totalling 2,430,000 shares, a drop of 28.7% from the December 15th total of 3,410,000 shares. Based on an average daily volume of 840,700 shares, the days-to-cover ratio is currently 2.9 days. Approximately 1.2% 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 Public Storage (PSA), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), SBA Communications (SBAC), DIGITAL RLTY TR/SH (DLR), Realty Income (O), Weyerhaeuser (WY), Ventas (VTR), Boston Properties (BXP), Essex Property Trust (ESS), Alexandria Real Estate Equities (ARE), HCP (HCP), Mid-America Apartment Communities (MAA) and Sun Communities (SUI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Gaming and Leisure Properties investors own include Edwards Lifesciences (EW), Brookfield Infrastructure Partners (BIP), Omega Healthcare Investors (OHI), AT&T (T), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), Ares Capital (ARCC), New Residential Investment (NRZ), Sirius XM (SIRI) and Blackstone Group (BX).

Gaming and Leisure Properties' stock is owned by many different of institutional and retail investors. Top institutional investors include Advisors Capital Management LLC (0.20%), State of Alaska Department of Revenue (0.03%), Foundations Investment Advisors LLC (0.03%), Brasada Capital Management LP (0.01%) and Corrado Advisors LLC (0.00%). Company insiders that own Gaming and Leisure Properties stock include Brandon John Moore, 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 purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Advisors Capital Management LLC, Corrado Advisors LLC, Brasada Capital Management LP and Foundations Investment Advisors LLC. 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 $45.22.

Gaming and Leisure Properties has a market capitalization of $9.71 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. Suite 200, Wyomissing PA, 19610. The real estate investment trust can be reached via phone at 610-401-2900 or via email at [email protected]