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 declared a quarterly dividend on Wednesday, August 21st. Investors 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 yield of 6.98%. The ex-dividend date of this dividend is Thursday, September 5th. View Gaming and Leisure Properties' Dividend History.

Gaming and Leisure Properties Inc (NASDAQ:GLPI) posted its quarterly earnings results on Wednesday, August, 7th. The real estate investment trust reported $0.43 EPS for the quarter, missing analysts' consensus estimates 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 quarterly revenue was up 13.7% on a year-over-year basis. During the same period in the previous year, the company 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, October 31st 2019. View Earnings Estimates for Gaming and Leisure Properties.

Gaming and Leisure Properties will be holding an earnings conference call on Thursday, October 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Gaming and Leisure Properties updated 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.

8 Wall Street 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 anticipate Gaming and Leisure Properties' stock price to reach $43.29 in the next year. This suggests a possible upside of 11.0% from the stock's current price. View Analyst Price Targets 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 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gaming and Leisure Properties.

Press coverage about GLPI stock has trended negative this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded 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 -2.5 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Gaming and Leisure Properties.

Gaming and Leisure Properties saw a decline in short interest in September. As of September 15th, there was short interest totalling 1,290,000 shares, a decline of 25.4% from the August 15th total of 1,730,000 shares. Based on an average daily trading volume, of 1,150,000 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.6% of the shares of the stock 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), DIGITAL RLTY TR/SH (DLR), SBA Communications (SBAC), Ventas (VTR), Realty Income (O), Essex Property Trust (ESS), Weyerhaeuser (WY), Boston Properties (BXP), HCP (HCP), Alexandria Real Estate Equities (ARE), WP Carey (WPC), Mid-America Apartment Communities (MAA), Extra Space Storage (EXR) 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), Energy Transfer LP Unit (ET), Medical Properties Trust (MPW), Ares Capital (ARCC) and New Residential Investment (NRZ).

Gaming and Leisure Properties' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Robeco Institutional Asset Management B.V. (0.74%), PGGM Investments (0.34%), Ferguson Wellman Capital Management Inc. (0.31%), Virginia Retirement Systems ET AL (0.13%), Strs Ohio (0.11%) and Decatur Capital Management Inc. (0.07%). 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 PGGM Investments, Robeco Institutional Asset Management B.V., State of Alaska Department of Revenue, Decatur Capital Management Inc., Strs Ohio, Virginia Retirement Systems ET AL, Stephens Inc. AR and Envestnet Asset Management Inc.. View Insider Buying and Selling for Gaming and Leisure Properties.

GLPI stock was acquired by a variety of institutional investors in the last quarter, including Moody National Bank Trust Division, Nisa Investment Advisors LLC, Meeder Asset Management Inc., Foundations Investment Advisors LLC, Ferguson Wellman Capital Management Inc., Fox Run Management L.L.C., Alpha Cubed Investments LLC and Zurcher Kantonalbank Zurich Cantonalbank . 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 $38.98.

Gaming and Leisure Properties has a market capitalization of $8.37 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]