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

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$36.14 +0.12 (+0.33 %)
(As of 07/19/2018 01:59 AM ET)
Previous Close$36.02
Today's Range$35.83 - $36.19
52-Week Range$32.51 - $39.32
Volume1.62 million shs
Average Volume1.25 million shs
Market Capitalization$7.68 billion
P/E Ratio11.43
Dividend Yield7.01%
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

Stock Exchange NASDAQ
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 Ratio11.43
Forward P/E Ratio11.77
P/E GrowthN/A

Sales & Book Value

Annual Sales$971.31 million
Price / Sales7.94
Cash Flow$2.4469 per share
Price / Cash14.77
Book Value$11.56 per share
Price / Book3.13

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
Market Cap$7,677.54

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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 announced a quarterly dividend on Tuesday, April 24th. Shareholders of record on Friday, June 15th will be paid a dividend of $0.63 per share on Friday, June 29th. This represents a $2.52 dividend on an annualized basis and a yield of 6.97%. The ex-dividend date of this dividend 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) issued its quarterly earnings results on Wednesday, April, 25th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by $0.31. The real estate investment trust had revenue of $244.05 million for 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 revenue was up .6% on a year-over-year basis. During the same period 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 Wednesday, August, 1st 2018. View Earnings Estimates for Gaming and Leisure Properties.

What price target have analysts set for GLPI?

8 brokers have issued 12-month price targets for Gaming and Leisure Properties' stock. Their predictions range from $32.00 to $45.00. On average, they anticipate Gaming and Leisure Properties' stock price to reach $38.50 in the next twelve months. This suggests a possible upside of 6.5% from the stock's current price. View Analyst Ratings for Gaming and Leisure Properties.

What is the consensus analysts' recommendation 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, 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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. " (6/27/2018)
  • 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?

Media coverage about GLPI stock has trended somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Gaming and Leisure Properties earned a coverage optimism score of 0.01 on Accern's scale. They also assigned media headlines about the real estate investment trust an impact score of 46.10 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Who are Gaming and Leisure Properties' major shareholders?

Gaming and Leisure Properties' stock is owned by a number of of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.05%), Pensionfund DSM Netherlands (0.03%), Clinton Group Inc. (0.02%), Amalgamated Bank (0.02%) and Pensionfund Sabic (0.01%). Company insiders that own Gaming and Leisure Properties stock include Barry F Schwartz, 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 major investors are selling Gaming and Leisure Properties stock?

GLPI stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue and Clinton Group Inc.. View Insider Buying and Selling for Gaming and Leisure Properties.

Which major investors are buying Gaming and Leisure Properties stock?

GLPI stock was purchased by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands, Pensionfund Sabic and Amalgamated Bank. 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 $36.14.

How big of a company is Gaming and Leisure Properties?

Gaming and Leisure Properties has a market capitalization of $7.68 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 (NASDAQ GLPI)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  214 (Vote Outperform)
Underperform Votes:  242 (Vote Underperform)
Total Votes:  456
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 7/19/2018 by MarketBeat.com Staff

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