Gaming and Leisure Properties Stock Price, News & Analysis (NASDAQ:GLPI)

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

Gaming and Leisure Properties announced a quarterly dividend on Wednesday, August 21st. Stockholders of record on Friday, September 6th will be paid a dividend of $0.68 per share on Friday, September 20th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 7.01%. The ex-dividend date is Thursday, September 5th. View Gaming and Leisure Properties' Dividend History.

Gaming and Leisure Properties Inc (NASDAQ:GLPI) announced its quarterly earnings results on Wednesday, August, 7th. The real estate investment trust reported $0.43 EPS for the quarter, missing the consensus estimate of $0.76 by $0.33. The real estate investment trust earned $289.01 million during the quarter, compared to analysts' expectations of $289.64 million. Gaming and Leisure Properties had a net margin of 29.69% and a return on equity of 14.98%. The business's revenue was up 13.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.43 earnings per share. View Gaming and Leisure Properties' Earnings History.

Gaming and Leisure Properties is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Gaming and Leisure Properties.

Gaming and Leisure Properties issued an update on its FY19 earnings guidance on Wednesday, August, 7th. The company provided earnings per share (EPS) guidance of $3.40-3.41 for the period, compared to the Thomson Reuters consensus estimate of $2.99. The company issued revenue guidance of $1151.5-1152.4 million, compared to the consensus revenue estimate of $1.16 billion.

9 analysts have issued 12 month price objectives for Gaming and Leisure Properties' shares. Their forecasts range from $37.00 to $48.00. On average, they expect Gaming and Leisure Properties' share price to reach $43.00 in the next twelve months. This suggests a possible upside of 10.9% from the stock's current price. View Analyst Price Targets for Gaming and Leisure Properties.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gaming and Leisure Properties in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gaming and Leisure Properties.

News coverage about GLPI stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Gaming and Leisure Properties earned a news sentiment score of -1.3 on InfoTrie's scale. They also gave media coverage 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 effect on the stock's share price in the near term. View News Stories for Gaming and Leisure Properties.

Gaming and Leisure Properties saw a decrease in short interest during the month of August. As of August 31st, there was short interest totalling 1,300,800 shares, a decrease of 19.2% from the July 31st total of 1,610,300 shares. Based on an average daily trading volume, of 1,130,000 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.6% of the shares of the stock are short sold. 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), SBA Communications (SBAC), Ventas (VTR), DIGITAL RLTY TR/SH (DLR), Realty Income (O), Essex Property Trust (ESS), Weyerhaeuser (WY), Boston Properties (BXP), Alexandria Real Estate Equities (ARE), HCP (HCP), WP Carey (WPC), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA) 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), Brookfield Infrastructure Partners (BIP), AT&T (T), Sirius XM (SIRI), Enterprise Products Partners (EPD), Medical Properties Trust (MPW), Ares Capital (ARCC), Energy Transfer LP Unit (ET) and New Residential Investment (NRZ).

Gaming and Leisure Properties' stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (14.15%), BlackRock Inc. (6.70%), BlackRock Inc. (6.70%), Bamco Inc. NY (4.55%), Renaissance Technologies LLC (3.84%) and Putnam Investments LLC (2.29%). Company insiders that own Gaming and Leisure Properties stock include 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.

GLPI stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Renaissance Technologies LLC, BlackRock Inc., BlackRock Inc., Vanguard Group Inc., Bamco Inc. NY, Fortress Investment Group LLC and Balyasny Asset Management LLC. View Insider Buying and Selling for Gaming and Leisure Properties.

GLPI stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Cohen & Steers Inc., Invesco Ltd., Polaris Greystone Financial Group LLC, LSV Asset Management, JPMorgan Chase & Co., Canada Pension Plan Investment Board and Investec Asset Management LTD. 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.

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 $38.79.

Gaming and Leisure Properties has a market capitalization of $8.33 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.

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]