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

$45.55
+0.33 (+0.73 %)
(As of 01/17/2020 04:00 PM ET)
Today's Range
$45.15
Now: $45.55
$45.89
50-Day Range
$40.95
MA: $42.84
$45.55
52-Week Range
$35.11
Now: $45.55
$45.89
Volume1.10 million shs
Average Volume976,822 shs
Market Capitalization$9.78 billion
P/E Ratio14.32
Dividend Yield6.19%
Beta0.51
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. Read More…

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:GLPI
Previous SymbolNASDAQ:GLPIV
CUSIPN/A
Phone610-401-2900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.06 billion
Cash Flow$2.70 per share
Book Value$10.58 per share

Profitability

Net Income$339.51 million

Miscellaneous

Employees644
Market Cap$9.78 billion
Next Earnings Date2/12/2020 (Estimated)
OptionableOptionable

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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 Wednesday, November 27th. Stockholders of record on Friday, December 13th will be paid a dividend of $0.70 per share on Friday, December 27th. This represents a $2.80 annualized dividend and a dividend yield of 6.15%. The ex-dividend date of this dividend 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.

How were Gaming and Leisure Properties' earnings last quarter?

Gaming and Leisure Properties Inc (NASDAQ:GLPI) announced its quarterly earnings results on Thursday, October, 31st. The real estate investment trust reported $0.42 earnings per share (EPS) for the quarter, missing the 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 net margin of 27.62% and a return on equity of 14.76%. Gaming and Leisure Properties's revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.76 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, February 12th 2020. View Earnings Estimates for Gaming and Leisure Properties.

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

Gaming and Leisure Properties issued an update on its fourth quarter earnings guidance on Thursday, October, 31st. The company provided EPS guidance of $0.87 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.76. The company issued revenue guidance of $288.2 million, compared to the consensus revenue estimate of $287.04 million.

What price target have analysts set for GLPI?

8 equities research analysts have issued twelve-month target prices for Gaming and Leisure Properties' shares. Their forecasts range from $41.00 to $47.00. On average, they expect Gaming and Leisure Properties' stock price to reach $44.29 in the next year. This suggests that the stock has a possible downside of 2.8%. View Analyst Price Targets 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 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gaming and Leisure Properties.

Has Gaming and Leisure Properties been receiving favorable news coverage?

News stories about GLPI stock have been trending positive on Saturday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Gaming and Leisure Properties earned a media sentiment score of 2.2 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press 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.

Are investors shorting Gaming and Leisure Properties?

Gaming and Leisure Properties saw a decrease in short interest in the month of December. As of December 31st, there was short interest totalling 2,430,000 shares, a decrease of 28.7% from the December 15th total of 3,410,000 shares. Based on an average trading volume of 840,700 shares, the days-to-cover ratio is currently 2.9 days. Approximately 1.2% of the shares of the company are sold short. View Gaming and Leisure Properties' Current Options Chain.

Who are some of Gaming and Leisure Properties' key competitors?

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

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 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

Who are Gaming and Leisure Properties' major shareholders?

Gaming and Leisure Properties' stock is owned by many different of institutional and retail investors. Top institutional investors include Advisors Capital Management LLC (0.20%), Nisa Investment Advisors LLC (0.06%), State of Alaska Department of Revenue (0.03%), Foundations Investment Advisors LLC (0.03%), Brasada Capital Management LP (0.01%) and Alpha Cubed Investments LLC (0.00%). 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, Matthew Demchyk, Peter M Carlino and William J Clifford. View Institutional Ownership Trends for Gaming and Leisure Properties.

Which institutional investors are buying Gaming and Leisure Properties stock?

GLPI stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Advisors Capital Management LLC, Nisa Investment Advisors LLC, Corrado Advisors LLC, Alpha Cubed Investments LLC, Brasada Capital Management LP, Foundations Investment Advisors LLC and Huntington National Bank. 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, Matthew Demchyk, 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, 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 $45.55.

How big of a company is Gaming and Leisure Properties?

Gaming and Leisure Properties has a market capitalization of $9.78 billion and generates $1.06 billion in revenue each year. The real estate investment trust earns $339.51 million in net income (profit) each year or $3.18 on an earnings per share basis. Gaming and Leisure Properties employs 644 workers across the globe.View Additional Information About Gaming and Leisure Properties.

What is Gaming and Leisure Properties' official website?

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

How can I contact Gaming and Leisure Properties?

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]


MarketBeat Community Rating for Gaming and Leisure Properties (NASDAQ GLPI)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  311 (Vote Outperform)
Underperform Votes:  357 (Vote Underperform)
Total Votes:  668
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 1/18/2020 by MarketBeat.com Staff

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