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

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$34.86 +0.45 (+1.31 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$34.86
Today's Range$34.31 - $35.15
52-Week Range$32.51 - $37.29
Volume2.02 million shs
Average Volume1.35 million shs
Market Capitalization$7.37 billion
P/E Ratio11.07
Dividend Yield7.90%
Beta0.76
GLPI 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

Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:GLPI
Previous SymbolNASDAQ:GLPIV
CUSIPN/A
Phone610-401-2900

Debt

Debt-to-Equity Ratio2.31
Current Ratio10.00
Quick Ratio10.00

Price-To-Earnings

Trailing P/E Ratio11.07
Forward P/E Ratio11.25
P/E Growth1.27

Sales & Book Value

Annual Sales$971.31 million
Price / Sales7.68
Cash Flow$2.4653 per share
Price / Cash Flow14.14
Book Value$11.56 per share
Price / Book3.02

Profitability

EPS (Most Recent Fiscal Year)$3.15
Net Income$380.59 million
Net Margins38.95%
Return on Equity16.10%
Return on Assets5.15%

Miscellaneous

Employees714
Outstanding Shares214,090,000
Market Cap$7.37 billion
OptionableOptionable

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 announced a quarterly dividend on Tuesday, October 16th. Investors 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 dividend yield of 7.80%. The ex-dividend date of this dividend is Thursday, December 13th. This is a positive change from Gaming and Leisure Properties's previous quarterly dividend of $0.63. View Gaming and Leisure Properties' Dividend History.

How were Gaming and Leisure Properties' earnings last quarter?

Gaming and Leisure Properties Inc (NASDAQ:GLPI) announced its quarterly earnings results on Thursday, November, 1st. The real estate investment trust reported $0.49 earnings per share for the quarter, missing analysts' consensus estimates of $0.75 by $0.26. The real estate investment trust earned $254.14 million during the quarter, compared to analysts' expectations of $255.55 million. Gaming and Leisure Properties had a net margin of 38.95% and a return on equity of 16.10%. Gaming and Leisure Properties's quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.45 earnings per share. 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 Thursday, February 14th 2019. View Earnings Estimates for Gaming and Leisure Properties.

What price target have analysts set for GLPI?

11 brokerages have issued twelve-month price objectives for Gaming and Leisure Properties' shares. Their predictions range from $32.00 to $48.00. On average, they anticipate Gaming and Leisure Properties' stock price to reach $39.60 in the next year. This suggests a possible upside of 13.6% from the stock's current price. View Analyst Price Targets for Gaming and Leisure Properties.

What is the consensus analysts' recommendation for Gaming and Leisure Properties?

11 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, 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gaming and Leisure Properties.

Has Gaming and Leisure Properties been receiving favorable news coverage?

News coverage about GLPI stock has been trending very negative on Saturday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Gaming and Leisure Properties earned a media sentiment score of -3.8 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days.

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. Hayes Croushore, Investor Relations

Who are Gaming and Leisure Properties' major shareholders?

Gaming and Leisure Properties' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc (14.33%), BlackRock Inc. (7.02%), Bamco Inc. NY (4.87%), Renaissance Technologies LLC (4.71%), Capital World Investors (3.68%) and Putnam Investments LLC (2.16%). 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.

Which major investors are selling Gaming and Leisure Properties stock?

GLPI stock was sold by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Marshall Wace North America L.P., FMR LLC, Prudential Financial Inc., Daiwa Securities Group Inc., TIAA CREF Investment Management LLC, Capital World Investors and MERIAN GLOBAL INVESTORS UK Ltd. View Insider Buying and Selling for Gaming and Leisure Properties.

Which major investors are buying Gaming and Leisure Properties stock?

GLPI stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc, Marshall Wace LLP, American Century Companies Inc., Renaissance Technologies LLC, Thompson Siegel & Walmsley LLC, Waterfront Capital Partners LLC, Scopus Asset Management L.P. and Point72 Asset Management L.P.. 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.

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 $34.86.

How big of a company is Gaming and Leisure Properties?

Gaming and Leisure Properties has a market capitalization of $7.37 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.

What is Gaming and Leisure Properties' official website?

The official website for Gaming and Leisure Properties is http://www.glpropinc.com.

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 (NASDAQ GLPI)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  252 (Vote Outperform)
Underperform Votes:  291 (Vote Underperform)
Total Votes:  543
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 12/15/2018 by MarketBeat.com Staff

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