NASDAQ:GLPI - Gaming and Leisure Properties Stock Price, Price Target & More

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$35.37 +0.18 (+0.51 %)
(As of 06/25/2018 06:56 AM ET)
Previous Close$35.19
Today's Range$35.13 - $35.47
52-Week Range$32.51 - $39.32
Volume1.98 million shs
Average Volume1.14 million shs
Market Capitalization$7.55 billion
P/E Ratio11.23
Dividend Yield7.12%
Beta0.8
Gaming and Leisure Properties logoGLPI 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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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio1.82
Current Ratio0.69
Quick Ratio0.69

Price-To-Earnings

Trailing P/E Ratio11.23
Forward P/E Ratio11.52
P/E GrowthN/A

Sales & Book Value

Annual Sales$971.31 million
Price / Sales7.77
Cash Flow$2.4343 per share
Price / Cash14.53
Book Value$11.56 per share
Price / Book3.06

Profitability

EPS (Most Recent Fiscal Year)$3.15
Net Income$380.59 million
Net Margins39.42%
Return on Equity15.51%
Return on Assets5.26%

Miscellaneous

Employees714
Outstanding Shares213,500,000

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

What is Gaming and Leisure Properties' stock symbol?

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

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

Gaming and Leisure Properties declared a quarterly dividend on Tuesday, April 24th. Stockholders of record on Friday, June 15th will be given a dividend of $0.63 per share on Friday, June 29th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 7.12%. The ex-dividend date is Thursday, June 14th. View Gaming and Leisure Properties' Dividend History.

How were Gaming and Leisure Properties' earnings last quarter?

Gaming and Leisure Properties Inc (NASDAQ:GLPI) released its earnings results on Wednesday, April, 25th. The real estate investment trust reported $0.45 EPS for the quarter, missing analysts' consensus estimates of $0.76 by $0.31. The real estate investment trust earned $244.05 million during the quarter, compared to analysts' expectations of $249.20 million. Gaming and Leisure Properties had a net margin of 39.42% and a return on equity of 15.51%. The firm's quarterly revenue was up .6% on a year-over-year basis. During the same quarter last year, the business earned $0.45 EPS. View Gaming and Leisure Properties' Earnings History.

When is Gaming and Leisure Properties' next earnings date?

Gaming and Leisure Properties is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Gaming and Leisure Properties.

What price target have analysts set for GLPI?

8 analysts have issued twelve-month target prices for Gaming and Leisure Properties' stock. Their predictions range from $32.00 to $44.00. On average, they expect Gaming and Leisure Properties' stock price to reach $38.3333 in the next twelve months. View Analyst Ratings for Gaming and Leisure Properties.

What are Wall Street analysts saying about Gaming and Leisure Properties stock?

Here are some recent quotes from research analysts about Gaming and Leisure Properties stock:
  • 1. According to Zacks Investment Research, "Gaming and Leisure Properties, Inc. is a self-administered, self-managed REIT primarily engaged in the property business, which will consist of owning, acquiring, developing, expanding, managing, and leasing gaming and related facilities. Gaming and Leisure Properties, Inc. is based in United States. " (5/2/2018)
  • 2. LADENBURG THALM/SH SH analysts commented, "We see a potential combination of Penn Gaming (PENN-$25.50, Not Rated) Pinnacle (PNK-$25.50; Not Rated) as a strong positive for GLPI on multiple fronts; reiterate BUY—While 3Q’17 was subdued with no acquisitions and limited financing activity, GLPI’s two largest tenants (accounting for 98% of rent), Penn National and Pinnacle, were recently reported (by multiple news sources) to be considering a merger." (10/30/2017)

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

Who are Gaming and Leisure Properties' key executives?

Gaming and Leisure Properties' management team includes the folowing people:
  • Mr. Peter M. Carlino, Chairman, Pres & CEO (Age 72)
  • Mr. Steven T. Snyder, Interim CFO & Sr. VP of Corp. Devel. (Age 57)
  • Ms. Desiree A. Burke, Sr. VP & Chief Accounting Officer (Age 53)
  • Mr. Brandon John Moore, Sr. VP, Gen. Counsel & Sec. (Age 43)
  • Mr. William J. Clifford, Sr. Adviser (Age 61)

Has Gaming and Leisure Properties been receiving favorable news coverage?

Press coverage about GLPI stock has been trending somewhat positive this week, Accern Sentiment reports. The research firm scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Gaming and Leisure Properties earned a media sentiment score of 0.18 on Accern's scale. They also assigned news coverage about the real estate investment trust an impact score of 45.59 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Who are Gaming and Leisure Properties' major shareholders?

Gaming and Leisure Properties' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.70%), Dimensional Fund Advisors LP (1.38%), Millennium Management LLC (1.17%), Northern Trust Corp (1.02%), HG Vora Capital Management LLC (0.98%) and Robeco Institutional Asset Management B.V. (0.80%). Company insiders that own Gaming and Leisure Properties stock include Barry F Schwartz, Brandon John Moore, Desiree A Burke, E Scott Urdang, Peter M Carlino, Steven T Snyder and William J Clifford. 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 Daiwa Securities Group Inc., Millennium Management LLC, Nuveen Asset Management LLC, Uniplan Investment Counsel Inc., JPMorgan Chase & Co., Virginia Retirement Systems ET AL, Systematic Financial Management LP and Echo Street Capital Management LLC. View Insider Buying and Selling for Gaming and Leisure Properties.

Which institutional investors are buying Gaming and Leisure Properties stock?

GLPI stock was acquired by a variety of institutional investors in the last quarter, including HG Vora Capital Management LLC, Old Mutual Global Investors UK Ltd., Amundi Pioneer Asset Management Inc., Mackay Shields LLC, Prudential Financial Inc., Northern Trust Corp, First Foundation Advisors and Allianz Asset Management GmbH. Company insiders that have bought Gaming and Leisure Properties stock in the last two years include Barry F Schwartz, E Scott Urdang, Peter M Carlino and William J Clifford. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Gaming and Leisure Properties' stock price today?

One share of GLPI stock can currently be purchased for approximately $35.37.

How big of a company is Gaming and Leisure Properties?

Gaming and Leisure Properties has a market capitalization of $7.55 billion and generates $971.31 million in revenue each year. The real estate investment trust earns $380.59 million in net income (profit) each year or $3.15 on an earnings per share basis. Gaming and Leisure Properties employs 714 workers across the globe.

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]


MarketBeat Community Rating for Gaming and Leisure Properties (GLPI)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  204 (Vote Outperform)
Underperform Votes:  231 (Vote Underperform)
Total Votes:  435
MarketBeat's community ratings are surveys of what our community members think about Gaming and Leisure Properties and other stocks. Vote "Outperform" if you believe GLPI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GLPI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/25/2018 by MarketBeat.com Staff

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