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US Dollar Replaced By "Biden Bucks"? (Ad)
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Wall Street slips as weak earnings hit tech, travel stocks
"Prepare for Five Years of Famine" (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
US Dollar Replaced By "Biden Bucks"? (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
US Dollar Replaced By "Biden Bucks"? (Ad)
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Wall Street slips as weak earnings hit tech, travel stocks
"Prepare for Five Years of Famine" (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
US Dollar Replaced By "Biden Bucks"? (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
US Dollar Replaced By "Biden Bucks"? (Ad)
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Wall Street slips as weak earnings hit tech, travel stocks
"Prepare for Five Years of Famine" (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
US Dollar Replaced By "Biden Bucks"? (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
US Dollar Replaced By "Biden Bucks"? (Ad)
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Wall Street slips as weak earnings hit tech, travel stocks
"Prepare for Five Years of Famine" (Ad)
NASDAQ:GLPI

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

$50.79
-0.41 (-0.80%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$50.61
$51.21
50-Day Range
$43.27
$52.65
52-Week Range
$41.81
$52.67
Volume
979,492 shs
Average Volume
1.42 million shs
Market Capitalization
$12.98 billion
P/E Ratio
22.88
Dividend Yield
5.51%
Price Target
$54.89

Gaming and Leisure Properties MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
8.1% Upside
$54.89 Price Target
Short Interest
Healthy
1.28% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.64
Upright™ Environmental Score
News Sentiment
0.69mentions of Gaming and Leisure Properties in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$170,300 Sold Last Quarter
Proj. Earnings Growth
4.89%
From $3.48 to $3.65 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.04 out of 5 stars

Finance Sector

664th out of 885 stocks

Real Estate Investment Trusts Industry

144th out of 197 stocks

GLPI stock logo

About Gaming and Leisure Properties (NASDAQ:GLPI) Stock

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.

Wall Street Analyst Weigh In

GLPI has been the topic of a number of research reports. UBS Group dropped their price objective on Gaming and Leisure Properties to $55.00 in a research note on Thursday, June 9th. Mizuho boosted their target price on Gaming and Leisure Properties from $47.00 to $50.00 and gave the stock a "buy" rating in a research report on Thursday, June 30th. Deutsche Bank Aktiengesellschaft boosted their target price on Gaming and Leisure Properties from $57.00 to $62.00 in a research report on Monday, August 1st. Raymond James boosted their target price on Gaming and Leisure Properties from $54.00 to $56.00 and gave the stock a "strong-buy" rating in a research report on Friday, July 8th. Finally, StockNews.com lowered Gaming and Leisure Properties from a "buy" rating to a "hold" rating in a research report on Monday, August 1st. One research analyst has rated the stock with a sell rating, three have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $54.89.

Gaming and Leisure Properties Stock Down 0.8 %

Shares of GLPI Stock traded down $0.41 on Tuesday, reaching $50.79. 979,492 shares of the company's stock traded hands, compared to its average volume of 1,418,779. Gaming and Leisure Properties has a 12-month low of $41.81 and a 12-month high of $52.67. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.07 and a current ratio of 0.07. The company has a market capitalization of $12.98 billion, a P/E ratio of 22.88, a price-to-earnings-growth ratio of 2.97 and a beta of 1.00. The business's 50 day moving average price is $48.02 and its two-hundred day moving average price is $46.14.

Gaming and Leisure Properties (NASDAQ:GLPI - Get Rating) last issued its quarterly earnings results on Thursday, July 28th. The real estate investment trust reported $0.62 earnings per share for the quarter, missing analysts' consensus estimates of $0.89 by ($0.27). Gaming and Leisure Properties had a net margin of 43.54% and a return on equity of 16.30%. The business had revenue of $326.40 million for the quarter, compared to analysts' expectations of $325.40 million. During the same quarter in the prior year, the firm posted $0.87 EPS. The business's quarterly revenue was up 2.7% compared to the same quarter last year. On average, equities analysts forecast that Gaming and Leisure Properties will post 3.48 earnings per share for the current year.

Insider Activity

In other Gaming and Leisure Properties news, EVP Brandon John Moore sold 3,000 shares of the business's stock in a transaction dated Thursday, July 28th. The stock was sold at an average price of $52.00, for a total value of $156,000.00. Following the transaction, the executive vice president now owns 185,993 shares in the company, valued at $9,671,636. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 4.60% of the stock is currently owned by corporate insiders.

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GLPI Company Calendar

Ex-Dividend for 6/24 Dividend
6/09/2022
Dividend Payable
6/24/2022
Last Earnings
7/28/2022
Today
8/09/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:GLPI
Previous Symbol
NASDAQ:GLPIV
Fax
N/A
Employees
17
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$54.89
High Stock Price Forecast
$62.00
Low Stock Price Forecast
$50.00
Forecasted Upside/Downside
+8.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$534.09 million
Pretax Margin
45.98%

Debt

Sales & Book Value

Annual Sales
$1.22 billion
Cash Flow
$3.35 per share
Book Value
$14.22 per share

Miscellaneous

Free Float
243,727,000
Market Cap
$12.98 billion
Optionable
Optionable
Beta
1.00














GLPI Stock - Frequently Asked Questions

Should I buy or sell Gaming and Leisure Properties stock right now?

9 Wall Street research 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, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" GLPI shares.
View GLPI analyst ratings
or view top-rated stocks.

What is Gaming and Leisure Properties' stock price forecast for 2022?

9 analysts have issued 12 month target prices for Gaming and Leisure Properties' shares. Their GLPI share price forecasts range from $50.00 to $62.00. On average, they predict the company's stock price to reach $54.89 in the next year. This suggests a possible upside of 8.1% from the stock's current price.
View analysts price targets for GLPI
or view top-rated stocks among Wall Street analysts.

How has Gaming and Leisure Properties' stock price performed in 2022?

Gaming and Leisure Properties' stock was trading at $48.66 at the start of the year. Since then, GLPI shares have increased by 4.4% and is now trading at $50.79.
View the best growth stocks for 2022 here
.

When is Gaming and Leisure Properties' next earnings date?

Gaming and Leisure Properties is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our GLPI earnings forecast
.

How were Gaming and Leisure Properties' earnings last quarter?

Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) issued its earnings results on Thursday, July, 28th. The real estate investment trust reported $0.62 EPS for the quarter, missing analysts' consensus estimates of $0.89 by $0.27. The real estate investment trust earned $326.40 million during the quarter, compared to the consensus estimate of $325.40 million. Gaming and Leisure Properties had a trailing twelve-month return on equity of 16.30% and a net margin of 43.54%. The company's quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.87 earnings per share.

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, May 10th. Shareholders of record on Friday, June 10th will be paid a dividend of $0.705 per share on Friday, June 24th. This represents a $2.82 dividend on an annualized basis and a dividend yield of 5.55%. The ex-dividend date is Thursday, June 9th. This is a positive change from the stock's previous quarterly dividend of $0.69.
Read our dividend analysis for GLPI
.

Is Gaming and Leisure Properties a good dividend stock?

Gaming and Leisure Properties (NASDAQ:GLPI) pays an annual dividend of $2.82 per share and currently has a dividend yield of 5.51%. GLPI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 127.03%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, GLPI will have a dividend payout ratio of 77.26% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for GLPI.

What guidance has Gaming and Leisure Properties issued on next quarter's earnings?

Gaming and Leisure Properties updated its FY 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of $3.50-$3.54 for the period. The company issued revenue guidance of -.

What other stocks do shareholders of Gaming and Leisure Properties own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Gaming and Leisure Properties investors own include Edwards Lifesciences (EW), Omega Healthcare Investors (OHI), Enterprise Products Partners (EPD), AT&T (T), ONEOK (OKE), Gilead Sciences (GILD), AbbVie (ABBV), Ares Capital (ARCC), Brookfield Infrastructure Partners (BIP) and Ventas (VTR).

What is Gaming and Leisure Properties' stock symbol?

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

Who are Gaming and Leisure Properties' major shareholders?

Gaming and Leisure Properties' stock is owned by a variety of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (1.94%), DAVENPORT & Co LLC (0.65%), abrdn plc (0.55%), Thompson Siegel & Walmsley LLC (0.44%), Jennison Associates LLC (0.41%) and Russell Investments Group Ltd. (0.32%). Insiders that own company stock include Barry F Schwartz, Brandon John Moore, Desiree A Burke, E Scott Urdang, Earl C Shanks, Matthew Demchyk and Steven Ladany.
View institutional ownership trends
.

How do I buy shares of Gaming and Leisure Properties?

Shares of GLPI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Gaming and Leisure Properties' stock price today?

One share of GLPI stock can currently be purchased for approximately $50.79.

How much money does Gaming and Leisure Properties make?

Gaming and Leisure Properties (NASDAQ:GLPI) has a market capitalization of $12.98 billion and generates $1.22 billion in revenue each year. The real estate investment trust earns $534.09 million in net income (profit) each year or $2.22 on an earnings per share basis.

How many employees does Gaming and Leisure Properties have?

Gaming and Leisure Properties employs 17 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 official website for the company is www.glpropinc.com. The real estate investment trust can be reached via phone at (610) 401-2900 or via email at ssnyder@glpropinc.com.

This page (NASDAQ:GLPI) was last updated on 8/10/2022 by MarketBeat.com Staff

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