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NASDAQ:GLPI

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

$46.33
-0.15 (-0.32%)
(As of 05/21/2024 ET)
Today's Range
$46.09
$46.62
50-Day Range
$42.03
$46.48
52-Week Range
$41.80
$50.59
Volume
876,399 shs
Average Volume
1.38 million shs
Market Capitalization
$12.58 billion
P/E Ratio
17.10
Dividend Yield
6.56%
Price Target
$51.46

Gaming and Leisure Properties MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.54 Rating Score
Upside/​Downside
11.1% Upside
$51.46 Price Target
Short Interest
Healthy
1.73% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.76
Upright™ Environmental Score
News Sentiment
0.62mentions of Gaming and Leisure Properties in the last 14 days
Based on 19 Articles This Week
Insider Trading
Acquiring Shares
$112,500 Bought Last Quarter
Proj. Earnings Growth
1.37%
From $3.66 to $3.71 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.76 out of 5 stars

Finance Sector

70th out of 807 stocks

Real Estate Investment Trusts Industry

14th out of 173 stocks

GLPI stock logo

About Gaming and Leisure Properties Stock (NASDAQ:GLPI)

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 Stock Price History

GLPI Stock News Headlines

Gaming and Leisure Properties (NASDAQ:GLPI) PT Raised to $48.00
What Analysts Are Saying About Gaming and Leisure Props Stock
Q1 2024 Caesars Entertainment Inc Earnings Call
Truist Financial Keeps Their Buy Rating on Gaming and Leisure (GLPI)
See More Headlines
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Company Calendar

Ex-Dividend for 3/29 Dividend
3/14/2024
Dividend Payable
3/29/2024
Last Earnings
4/26/2024
Today
5/21/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Current Symbol
NASDAQ:GLPI
Previous Symbol
NASDAQ:GLPIV
Fax
N/A
Employees
18
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$51.46
High Stock Price Target
$63.00
Low Stock Price Target
$46.00
Potential Upside/Downside
+11.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.54
Research Coverage
13 Analysts

Profitability

Net Income
$734.28 million
Pretax Margin
51.22%

Debt

Sales & Book Value

Annual Sales
$1.44 billion
Cash Flow
$3.93 per share
Book Value
$16.89 per share

Miscellaneous

Free Float
259,555,000
Market Cap
$12.58 billion
Optionable
Optionable
Beta
0.95
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GLPI Stock Analysis - Frequently Asked Questions

Should I buy or sell Gaming and Leisure Properties stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gaming and Leisure Properties in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GLPI shares.
View GLPI analyst ratings
or view top-rated stocks.

What is Gaming and Leisure Properties' stock price target for 2024?

13 brokers have issued 12 month price objectives for Gaming and Leisure Properties' stock. Their GLPI share price targets range from $46.00 to $63.00. On average, they anticipate the company's share price to reach $51.46 in the next twelve months. This suggests a possible upside of 11.1% from the stock's current price.
View analysts price targets for GLPI
or view top-rated stocks among Wall Street analysts.

How have GLPI shares performed in 2024?

Gaming and Leisure Properties' stock was trading at $49.35 on January 1st, 2024. Since then, GLPI stock has decreased by 6.1% and is now trading at $46.33.
View the best growth stocks for 2024 here
.

When is Gaming and Leisure Properties' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our GLPI earnings forecast
.

How were Gaming and Leisure Properties' earnings last quarter?

Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) issued its quarterly earnings data on Friday, April, 26th. The real estate investment trust reported $0.64 EPS for the quarter, missing analysts' consensus estimates of $0.90 by $0.26. The real estate investment trust earned $376 million during the quarter, compared to the consensus estimate of $368.44 million. Gaming and Leisure Properties had a trailing twelve-month return on equity of 16.79% and a net margin of 50.05%. The company's revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.92 earnings per share.

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 Monday, February 26th. Investors of record on Friday, March 15th will be given a dividend of $0.76 per share on Friday, March 29th. This represents a $3.04 dividend on an annualized basis and a dividend yield of 6.56%. The ex-dividend date is Thursday, March 14th. This is an increase from the stock's previous quarterly dividend of $0.73.
Read our dividend analysis for GLPI
.

Is Gaming and Leisure Properties a good dividend stock?

Gaming and Leisure Properties (NASDAQ:GLPI) pays an annual dividend of $3.04 per share and currently has a dividend yield of 6.60%. GLPI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 112.18%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, GLPI will have a dividend payout ratio of 81.94% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for GLPI.

What guidance has Gaming and Leisure Properties issued on next quarter's earnings?

Gaming and Leisure Properties updated its FY 2024 earnings guidance on Thursday, April, 25th. The company provided EPS guidance of 3.710-3.740 for the period, compared to the consensus earnings per share estimate of 3.790. The company issued revenue guidance of -.

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), Enterprise Products Partners (EPD), AT&T (T), ONEOK (OKE), Gilead Sciences (GILD), AbbVie (ABBV), Ares Capital (ARCC), Brookfield Infrastructure Partners (BIP) and Ventas (VTR).

Who are Gaming and Leisure Properties' major shareholders?

Gaming and Leisure Properties' stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (13.81%), Principal Financial Group Inc. (3.19%), Bamco Inc. NY (3.04%), Allspring Global Investments Holdings LLC (2.02%), Jennison Associates LLC (1.18%) and Price T Rowe Associates Inc. MD (1.07%). Insiders that own company stock include Barry F Schwartz, Brandon John Moore, Desiree A Burke, E Scott Urdang, Matthew Demchyk and Steven Ladany.
View institutional ownership trends
.

How do I buy shares of Gaming and Leisure Properties?

Shares of GLPI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:GLPI) was last updated on 5/21/2024 by MarketBeat.com Staff

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