NASDAQ:GLPI Gaming and Leisure Properties Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Gaming and Leisure Properties Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $37.21 -0.77 (-2.03 %) (As of 09/18/2020 12:45 PM ET) Add Compare Share Today's Range$37.07Now: $37.21▼$37.9450-Day Range$35.31MA: $37.50▼$39.3052-Week Range$12.78Now: $37.21▼$49.99Volume12,224 shsAverage Volume1.83 million shsMarket Capitalization$8.11 billionP/E Ratio19.38Dividend Yield6.23%Beta0.97 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 1.5 Analyst's Opinion Consensus RatingGaming and Leisure Properties has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 9 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $40.33, Gaming and Leisure Properties has a forecasted upside of 7.9% from its current price of $37.39.Amount of Analyst CoverageGaming and Leisure Properties has only been the subject of 4 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesGaming and Leisure Properties has received 348 “outperform” votes. (Add your “outperform” vote.)Underperform VotesGaming and Leisure Properties has received 383 “underperform” votes. (Add your “underperform” vote.)Community SentimentGaming and Leisure Properties has received 52.39% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipGaming and Leisure Properties is a leading dividend payer. It pays a dividend yield of 6.23%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGaming and Leisure Properties has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Gaming and Leisure Properties is 69.77%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Gaming and Leisure Properties will have a dividend payout ratio of 72.95% next year. This indicates that Gaming and Leisure Properties will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gaming and Leisure Properties insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.83% of the stock of Gaming and Leisure Properties is held by insiders.Percentage Held by Institutions88.89% of the stock of Gaming and Leisure Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Gaming and Leisure Properties are expected to grow by 0.30% in the coming year, from $3.28 to $3.29 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Gaming and Leisure Properties is 19.47, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 19.00.Price to Earnings Ratio vs. SectorThe P/E ratio of Gaming and Leisure Properties is 19.47, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 17.60.Price to Earnings Growth RatioGaming and Leisure Properties has a PEG Ratio of 2.71. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioGaming and Leisure Properties has a P/B Ratio of 3.87. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.5Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.77 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:GLPI Previous SymbolNASDAQ:GLPIV CUSIPN/A CIK1575965 Webwww.glpropinc.com Phone610-401-2900Debt Debt-to-Equity Ratio2.74 Current Ratio4.81 Quick Ratio4.81Price-To-Earnings Trailing P/E Ratio19.38 Forward P/E Ratio11.34 P/E Growth2.71 Sales & Book Value Annual Sales$1.15 billion Price / Sales7.03 Cash Flow$3.06 per share Price / Cash Flow12.18 Book Value$9.66 per share Price / Book3.85Profitability EPS (Most Recent Fiscal Year)$3.44 Net Income$390.88 million Net Margins36.90% Return on Equity19.97% Return on Assets4.80%Miscellaneous Employees644 Outstanding Shares217,830,000Market Cap$8.11 billion Next Earnings Date10/29/2020 (Estimated) OptionableOptionable $37.21 -0.77 (-2.03 %) (As of 09/18/2020 12:45 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive GLPI News and Ratings via Email Sign-up to receive the latest news and ratings for GLPI and its competitors with MarketBeat's FREE daily newsletter. Gaming and Leisure Properties (NASDAQ:GLPI) Frequently Asked Questions How has Gaming and Leisure Properties' stock price been impacted by COVID-19? Gaming and Leisure Properties' stock was trading at $39.56 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GLPI stock has decreased by 6.3% and is now trading at $37.07. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Gaming and Leisure Properties? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gaming and Leisure Properties in the last year. There are currently 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Gaming and Leisure Properties. 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 29th 2020. View our earnings forecast for Gaming and Leisure Properties. How were Gaming and Leisure Properties' earnings last quarter? Gaming and Leisure Properties Inc (NASDAQ:GLPI) released its quarterly earnings results on Thursday, July, 30th. The real estate investment trust reported $0.52 earnings per share for the quarter, missing analysts' consensus estimates of $0.80 by $0.28. The real estate investment trust earned $261.97 million during the quarter, compared to analysts' expectations of $259.53 million. Gaming and Leisure Properties had a return on equity of 19.97% and a net margin of 36.90%. View Gaming and Leisure Properties' earnings history. 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 Friday, August 7th. Shareholders of record on Monday, August 17th will be paid a dividend of $0.60 per share on Friday, September 25th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 6.47%. The ex-dividend date of this dividend is Friday, August 14th. This is an increase from Gaming and Leisure Properties's previous quarterly dividend of $0.55. View Gaming and Leisure Properties' dividend history. What price target have analysts set for GLPI? 9 brokerages have issued twelve-month price targets for Gaming and Leisure Properties' stock. Their forecasts range from $29.00 to $51.00. On average, they expect Gaming and Leisure Properties' share price to reach $40.33 in the next year. This suggests a possible upside of 8.8% from the stock's current price. View analysts' price targets for Gaming and Leisure Properties. Are investors shorting Gaming and Leisure Properties? Gaming and Leisure Properties saw a drop in short interest in August. As of August 31st, there was short interest totaling 2,910,000 shares, a drop of 11.3% from the August 15th total of 3,280,000 shares. Based on an average trading volume of 1,160,000 shares, the short-interest ratio is presently 2.5 days. Approximately 1.4% of the shares of the company are sold short. View Gaming and Leisure Properties' Short Interest. Who are some of Gaming and Leisure Properties' key competitors? Some companies that are related to Gaming and Leisure Properties include Welltower (WELL), Simon Property Group (SPG), Realty Income (O), AvalonBay Communities (AVB), Weyerhaeuser (WY), Equity Residential (EQR), Alexandria Real Estate Equities (ARE), Ventas (VTR), Extra Space Storage (EXR), Sun Communities (SUI), Essex Property Trust (ESS), HCP (HCP), Duke Realty (DRE), Boston Properties (BXP) and Mid-America Apartment Communities (MAA). View all competitors. 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), AT&T (T), Enterprise Products Partners (EPD), AbbVie (ABBV), Gilead Sciences (GILD), Brookfield Infrastructure Partners (BIP), Energy Transfer LP Unit (ET), Iron Mountain (IRM) and QUALCOMM (QCOM). Who are Gaming and Leisure Properties' key executives? Gaming and Leisure Properties' management team includes the following people: Mr. Peter M. Carlino, Chairman, Pres & CEO (Age 73)Mr. Steven T. Snyder, Sr. VP & CFO (Age 58)Ms. Desiree A. Burke, Sr. VP & Chief Accounting Officer (Age 54)Mr. Brandon John Moore, Sr. VP, Gen. Counsel & Sec. (Age 44)Mr. Matthew Demchyk CFA, Sr. VP of Investments 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 many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (13.52%), Bamco Inc. NY (4.13%), FMR LLC (3.47%), Nuveen Asset Management LLC (1.53%), Prudential Financial Inc. (1.11%) and Russell Investments Group Ltd. (1.06%). Company insiders that own Gaming and Leisure Properties stock include Brandon John Moore, David A Handler, Desiree A Burke, E Scott Urdang, Earl C Shanks, Joseph W Marshall III and Matthew Demchyk. 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 Robeco Institutional Asset Management B.V., AJO LP, LSV Asset Management, Ninety One UK Ltd, Vanguard Group Inc., Jennison Associates LLC, Nuveen Asset Management LLC, and APG Asset Management N.V.. Company insiders that have sold Gaming and Leisure Properties company stock in the last year include Brandon John Moore, and Desiree A Burke. View insider buying and selling activity for Gaming and Leisure Properties. Which major investors are buying Gaming and Leisure Properties stock? GLPI stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Russell Investments Group Ltd., Charles Schwab Investment Management Inc., Waterfront Capital Partners LLC, Jacobs Levy Equity Management Inc., Prudential Financial Inc., Marshall Wace North America L.P., and Canada Pension Plan Investment Board. Company insiders that have bought Gaming and Leisure Properties stock in the last two years include David A Handler, E Scott Urdang, Earl C Shanks, Joseph W Marshall III, and Matthew Demchyk. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Gaming and Leisure Properties' stock price today? One share of GLPI stock can currently be purchased for approximately $37.07. How big of a company is Gaming and Leisure Properties? Gaming and Leisure Properties has a market capitalization of $8.07 billion and generates $1.15 billion in revenue each year. The real estate investment trust earns $390.88 million in net income (profit) each year or $3.44 on an earnings per share basis. Gaming and Leisure Properties employs 644 workers across the globe. What is Gaming and Leisure Properties' official website? The official website for Gaming and Leisure Properties is 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] This page was last updated on 9/18/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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