NASDAQ:GLPIGaming and Leisure Properties Stock Price, Forecast & News

Gaming and Leisure Properties' stock was trading at $39.56 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GLPI stock has decreased by 13.8% and is now trading at $34.10. View which stocks have been most 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 Wednesday, August 5th 2020. View our earnings forecast for Gaming and Leisure Properties.

Gaming and Leisure Properties Inc (NASDAQ:GLPI) announced its earnings results on Thursday, April, 30th. The real estate investment trust reported $0.45 EPS for the quarter, missing the Zacks' consensus estimate of $0.85 by $0.40. The real estate investment trust earned $283.50 million during the quarter, compared to analysts' expectations of $283.61 million. Gaming and Leisure Properties had a return on equity of 18.91% and a net margin of 34.35%. The business's revenue was down 1.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.85 earnings per share. View Gaming and Leisure Properties' earnings history.

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 dividend yield of 7.04%. The ex-dividend date of this dividend is Tuesday, May 12th. View Gaming and Leisure Properties' dividend history.

8 Wall Street analysts have issued twelve-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 13.7% from the stock's current price. View analysts' price targets for Gaming and Leisure Properties.

Media stories about GLPI stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Gaming and Leisure Properties earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave media 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 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 in 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 daily volume of 2,510,000 shares, the days-to-cover ratio is presently 1.0 days. Currently, 1.2% of the shares of the company are short sold. View Gaming and Leisure Properties' Current Options Chain.

Some companies that are related to Gaming and Leisure Properties include AvalonBay Communities (AVB), Equity Residential (EQR), Welltower (WELL), Alexandria Real Estate Equities (ARE), Realty Income (O), Simon Property Group (SPG), Essex Property Trust (ESS), Weyerhaeuser (WY), Mid-America Apartment Communities (MAA), Ventas (VTR), Sun Communities (SUI), Duke Realty (DRE), Boston Properties (BXP), HCP (HCP) and Equity Lifestyle Properties (ELS). View all competitors.

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).

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

Gaming and Leisure Properties' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.78%), Capital World Investors (6.34%), Morgan Stanley (2.65%), State Street Corp (2.27%), Capital International Investors (2.10%) and Nuveen Asset Management LLC (1.75%). 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.

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.

GLPI stock was purchased by a variety of institutional investors in the last quarter, including Capital International Investors, Morgan Stanley, Deutsche Bank AG, Eminence Capital LP, Nuveen Asset Management LLC, APG Asset Management N.V., Par Capital Management Inc., and Russell Investments Group Ltd.. 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.

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 $34.10.

Gaming and Leisure Properties has a market capitalization of $7.34 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.

The official website for Gaming and Leisure Properties is 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]