NASDAQ:GLPIGaming and Leisure Properties Stock Price, Forecast & 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 $34.54 +0.39 (+1.14 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$33.24Now: $34.54▼$34.9450-Day Range$24.82MA: $28.22▼$35.8952-Week Range$12.78Now: $34.54▼$49.99Volume2.03 million shsAverage Volume2.79 million shsMarket Capitalization$7.43 billionP/E Ratio18.87Dividend Yield1.41%Beta0.91 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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™ 2.5 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 8 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $38.77, Gaming and Leisure Properties has a potential upside of 12.3% from its current price of $34.54.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 338 “outperform” votes. (Add your “outperform” vote.)Underperform VotesGaming and Leisure Properties has received 376 “underperform” votes. (Add your “underperform” vote.)Community SentimentGaming and Leisure Properties has received 52.66% “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 4.2 Dividend Strength Dividend LeadershipGaming and Leisure Properties is a leading dividend payer. It pays a dividend yield of 1.41%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGaming and Leisure Properties has been increasing its dividend for 5 years.Dividend CoverageThe dividend payout ratio of Gaming and Leisure Properties is 13.95 %. 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 14.77 % next year. This indicates that Gaming and Leisure Properties will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gaming and Leisure Properties insiders have bought more of their company's stock than they have sold. Specifically, they have bought $651,050.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 6.05% of the stock of Gaming and Leisure Properties is held by insiders.Percentage Held by Institutions86.90% 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 1.88% in the coming year, from $3.19 to $3.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Gaming and Leisure Properties is 18.87, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.89.Price to Earnings Ratio vs. SectorThe P/E ratio of Gaming and Leisure Properties is 18.87, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 17.52.Price to Earnings Growth RatioGaming and Leisure Properties has a PEG Ratio of 1.59. 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 3.69. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.5Community Rank: 2.4Dividend Strength: 4.2Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.74 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 Ratio3.20 Current Ratio9.92 Quick Ratio9.92Price-To-Earnings Trailing P/E Ratio18.87 Forward P/E Ratio10.83 P/E Growth1.59 Sales & Book Value Annual Sales$1.15 billion Price / Sales6.44 Cash Flow$3.11 per share Price / Cash Flow11.09 Book Value$9.35 per share Price / Book3.69Profitability EPS (Most Recent Fiscal Year)$3.44 Net Income$390.88 million Net Margins34.35% Return on Equity18.91% Return on Assets4.59%Miscellaneous Employees644 Outstanding Shares215,120,000Market Cap$7.43 billion Next Earnings Date8/5/2020 (Estimated) OptionableOptionable NASDAQ:GLPI Rates by TradingView 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 been impacted by COVID-19 (Coronavirus)? Gaming and Leisure Properties' stock was trading at $39.56 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, GLPI stock has decreased by 12.7% and is now trading at $34.54. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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 8 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 Wednesday, August 5th 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 earnings results on Thursday, April, 30th. The real estate investment trust reported $0.45 EPS for the quarter, missing the consensus estimate of $0.85 by $0.40. The real estate investment trust had revenue of $283.50 million for the quarter, compared to analyst estimates of $283.61 million. Gaming and Leisure Properties had a net margin of 34.35% and a return on equity of 18.91%. The company's revenue was down 1.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.85 earnings per share. 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 declared a quarterly dividend on Wednesday, April 29th. Stockholders of record on Wednesday, May 13th will be given a dividend of $0.60 per share on Friday, June 26th. This represents a $2.40 annualized dividend and a yield of 6.95%. The ex-dividend date of this dividend is Tuesday, May 12th. View Gaming and Leisure Properties' dividend history. What price target have analysts set for GLPI? 8 brokerages have issued 12-month price targets for Gaming and Leisure Properties' shares. Their forecasts range from $29.00 to $51.00. On average, they expect Gaming and Leisure Properties' stock price to reach $38.77 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price. View analysts' price targets for Gaming and Leisure Properties. Has Gaming and Leisure Properties been receiving favorable news coverage? News articles about GLPI stock have trended very negative on Saturday, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Gaming and Leisure Properties earned a news impact score of -3.0 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 news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutGaming and Leisure Properties. Are investors shorting Gaming and Leisure Properties? Gaming and Leisure Properties saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,440,000 shares, an increase of 8.0% from the April 30th total of 2,260,000 shares. Based on an average trading volume of 2,510,000 shares, the days-to-cover ratio is presently 1.0 days. Approximately 1.2% of the company's shares are sold short. View Gaming and Leisure Properties' Current Options Chain. Who are some of Gaming and Leisure Properties' key competitors? Some companies that are related to Gaming and Leisure Properties include Equity Residential (EQR), AvalonBay Communities (AVB), Welltower (WELL), Alexandria Real Estate Equities (ARE), Simon Property Group (SPG), Realty Income (O), Essex Property Trust (ESS), Weyerhaeuser (WY), Ventas (VTR), Boston Properties (BXP), Mid-America Apartment Communities (MAA), Sun Communities (SUI), Duke Realty (DRE), HCP (HCP) and Extra Space Storage (EXR). 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), Brookfield Infrastructure Partners (BIP), EPR Properties (EPR), Energy Transfer LP Unit (ET), AbbVie (ABBV), Ares Capital (ARCC) and Gilead Sciences (GILD). 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 retail and institutional investors. Top institutional investors include BlackRock Inc. (6.78%), Capital World Investors (6.34%), Morgan Stanley (2.65%), Morgan Stanley (2.65%), State Street Corp (2.27%) and Capital International Investors (2.10%). 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 Capital Research Global Investors, AJO LP, Two Sigma Investments LP, Capital World Investors, Wells Fargo & Company MN, Invesco Ltd., Jennison Associates LLC, and Mackenzie Financial Corp. 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 purchased by a variety of institutional investors in the last quarter, including Capital International Investors, Morgan Stanley, Morgan Stanley, Deutsche Bank AG, Eminence Capital LP, Nuveen Asset Management LLC, APG Asset Management N.V., and Par Capital Management Inc.. 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 $34.54. How big of a company is Gaming and Leisure Properties? Gaming and Leisure Properties has a market capitalization of $7.43 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 5/30/2020 by MarketBeat.com Staff
