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

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 shares have decreased by 38.0% and is now trading at $24.53. View which stocks have been mosted impacted by Coronavirus.

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.

Gaming and Leisure Properties is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Gaming and Leisure Properties.

Gaming and Leisure Properties Inc (NASDAQ:GLPI) posted 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 Thomson Reuters' consensus estimate of $0.83 by $0.41. The real estate investment trust had revenue of $287.61 million for the quarter, compared to analysts' expectations of $288.09 million. Gaming and Leisure Properties had a net margin of 33.89% and a return on equity of 18.29%. Gaming and Leisure Properties's revenue for the quarter was up 13.2% on a year-over-year basis. During the same period last year, the company posted $0.76 earnings per share. View Gaming and Leisure Properties' earnings history.

Gaming and Leisure Properties declared a quarterly dividend on Friday, February 21st. Shareholders of record on Friday, March 6th will be given a dividend of $0.70 per share on Friday, March 20th. This represents a $2.80 annualized dividend and a dividend yield of 11.41%. The ex-dividend date of this dividend is Thursday, March 5th. View Gaming and Leisure Properties' dividend history.

Gaming and Leisure Properties issued an update on 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.

8 analysts have issued 1 year target prices 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 $42.14 in the next year. This suggests a possible upside of 71.8% from the stock's current price. View analysts' price targets for Gaming and Leisure Properties.

News coverage about GLPI stock has been trending very negative recently, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Gaming and Leisure Properties earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave news articles 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 effect on the stock's share price in the near term. View the latest news aboutGaming and Leisure Properties.

Gaming and Leisure Properties saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 3,147,600 shares, an increase of 17.9% from the February 27th total of 2,670,000 shares. Based on an average daily volume of 1,973,300 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.6% 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 Equity Residential (EQR), AvalonBay Communities (AVB), Welltower (WELL), Simon Property Group (SPG), Realty Income (O), Alexandria Real Estate Equities (ARE), Essex Property Trust (ESS), Boston Properties (BXP), Weyerhaeuser (WY), Extra Space Storage (EXR), HCP (HCP), Duke Realty (DRE), Mid-America Apartment Communities (MAA), Sun Communities (SUI) and UDR (UDR).

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), QUALCOMM (QCOM), AbbVie (ABBV), Enbridge (ENB), Energy Transfer LP Unit (ET) and Verizon Communications (VZ).

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

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 $24.53.

Gaming and Leisure Properties has a market capitalization of $5.28 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. 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. Suite200, Wyomissing PA, 19610. The real estate investment trust can be reached via phone at 610-401-2900 or via email at [email protected]