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

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gaming and Leisure Properties in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GLPI shares.
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7 brokers have issued twelve-month price targets for Gaming and Leisure Properties' stock. Their GLPI share price forecasts range from $54.00 to $62.00. On average, they predict the company's share price to reach $56.60 in the next year. This suggests a possible upside of 5.9% from the stock's current price.
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Gaming and Leisure Properties' stock was trading at $52.09 at the start of the year. Since then, GLPI shares have increased by 2.6% and is now trading at $53.44.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our GLPI earnings forecast.

Gaming and Leisure Properties will be holding an earnings conference call on Friday, February 24th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13735382".

Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) posted its quarterly earnings results on Thursday, July, 28th. The real estate investment trust reported $0.62 earnings per share for the quarter, missing the consensus estimate 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 net margin of 47.91% and a trailing twelve-month return on equity of 17.12%. The company's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.87 EPS.

Gaming and Leisure Properties announced a quarterly dividend on Wednesday, November 23rd. Investors of record on Friday, December 9th will be paid a dividend of $0.705 per share on Friday, December 23rd. This represents a $2.82 annualized dividend and a dividend yield of 5.28%. The ex-dividend date of this dividend is Thursday, December 8th.
Read our dividend analysis for GLPI.

Gaming and Leisure Properties (NASDAQ:GLPI) pays an annual dividend of $2.82 per share and currently has a dividend yield of 5.24%. 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 115.57%. 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 77.47% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for GLPI.

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).

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

Gaming and Leisure Properties' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (1.88%), Sumitomo Mitsui Trust Holdings Inc. (0.70%), Ninety One UK Ltd (0.56%), Lasalle Investment Management Securities LLC (0.53%), DAVENPORT & Co LLC (0.50%) and MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH (0.33%). 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.
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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.
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One share of GLPI stock can currently be purchased for approximately $53.44.

Gaming and Leisure Properties (NASDAQ:GLPI) has a market capitalization of $13.65 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 $2.44 on an earnings per share basis.

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.