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

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

Gaming and Leisure Properties declared a quarterly dividend on Wednesday, November 27th. Investors of record on Friday, December 13th will be given a dividend of $0.70 per share on Friday, December 27th. This represents a $2.80 annualized dividend and a yield of 5.57%. The ex-dividend date is Thursday, December 12th. This is a boost from Gaming and Leisure Properties's previous quarterly dividend of $0.68. View Gaming and Leisure Properties' Dividend History.

Gaming and Leisure Properties Inc (NASDAQ:GLPI) released its quarterly earnings data on Thursday, October, 31st. The real estate investment trust reported $0.42 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.83 by $0.41. The real estate investment trust had revenue of $287.61 million for the quarter, compared to analyst estimates of $288.09 million. Gaming and Leisure Properties had a return on equity of 18.12% and a net margin of 33.89%. Gaming and Leisure Properties's revenue for the quarter was up 13.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.76 earnings per share. View Gaming and Leisure Properties' Earnings History.

Gaming and Leisure Properties is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Gaming and Leisure Properties.

Gaming and Leisure Properties updated its FY20 earnings guidance on Thursday, February, 20th. The company provided EPS guidance of $3.49-3.52 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.14. The company issued revenue guidance of $1193.9-1196.1 million, compared to the consensus revenue estimate of $1.16 billion.

9 analysts have issued 1-year target prices for Gaming and Leisure Properties' shares. Their forecasts range from $41.00 to $51.00. On average, they expect Gaming and Leisure Properties' share price to reach $46.00 in the next twelve months. This suggests that the stock has a possible downside of 8.5%. View Analyst Price Targets for 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 1 hold rating and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gaming and Leisure Properties.

Media stories about GLPI stock have been trending very negative this week, InfoTrie reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Gaming and Leisure Properties earned a daily sentiment score of -3.4 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Gaming and Leisure Properties.

Gaming and Leisure Properties saw a increase in short interest in January. As of January 31st, there was short interest totalling 2,970,000 shares, an increase of 22.2% from the January 15th total of 2,430,000 shares. Based on an average trading volume of 882,800 shares, the short-interest ratio is presently 3.4 days. Approximately 1.5% of the shares of the company are sold short. View Gaming and Leisure Properties' Current Options Chain.

Some companies that are related to Gaming and Leisure Properties include Public Storage (PSA), Welltower (WELL), SBA Communications (SBAC), Equity Residential (EQR), AvalonBay Communities (AVB), DIGITAL RLTY TR/SH (DLR), Realty Income (O), Ventas (VTR), Weyerhaeuser (WY), Boston Properties (BXP), Essex Property Trust (ESS), Alexandria Real Estate Equities (ARE), HCP (HCP), Mid-America Apartment Communities (MAA) and Sun Communities (SUI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Gaming and Leisure Properties investors own include Edwards Lifesciences (EW), AT&T (T), Omega Healthcare Investors (OHI), Brookfield Infrastructure Partners (BIP), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), AbbVie (ABBV), Enbridge (ENB), Ares Capital (ARCC) and EPR Properties (EPR).

Gaming and Leisure Properties' stock is owned by many different of retail and institutional investors. Top institutional investors include Capital World Investors (6.61%), Bamco Inc. NY (4.31%), Renaissance Technologies LLC (3.16%), Capital Research Global Investors (2.67%), FMR LLC (2.65%) and State Street Corp (2.13%). Company insiders that own Gaming and Leisure Properties stock include Brandon John Moore, David A Handler, Desiree A Burke, E Scott Urdang, Joseph W Marshall III and Matthew Demchyk. View Institutional Ownership Trends for Gaming and Leisure Properties.

GLPI stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Echo Street Capital Management LLC, Renaissance Technologies LLC, Bamco Inc. NY, Stifel Financial Corp, Jennison Associates LLC, Sei Investments Co. and Investec Asset Management LTD. 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 for Gaming and Leisure Properties.

GLPI stock was bought by a variety of institutional investors in the last quarter, including Prudential Financial Inc., AJO LP, FMR LLC, Martingale Asset Management L P, Capital Research Global Investors, Picton Mahoney Asset Management, Amundi Pioneer Asset Management Inc. and Geode Capital Management LLC. Company insiders that have bought Gaming and Leisure Properties stock in the last two years include David A Handler, E Scott Urdang, Joseph W Marshall III and Matthew Demchyk. View Insider Buying and Selling for 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.

One share of GLPI stock can currently be purchased for approximately $50.30.

Gaming and Leisure Properties has a market capitalization of $10.80 billion and generates $1.15 billion in revenue each year. The real estate investment trust earns $339.51 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.View Additional Information About Gaming and Leisure Properties.

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

Gaming and Leisure Properties' mailing address is 845 Berkshire Blvd. Suite 200, Wyomissing PA, 19610. The real estate investment trust can be reached via phone at 610-401-2900 or via email at [email protected]