Gaming and Leisure Properties (NASDAQ:GLPI) Updates FY 2025 Earnings Guidance

Gaming and Leisure Properties (NASDAQ:GLPI - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 3.830-3.880 for the period, compared to the consensus EPS estimate of 3.950. The company issued revenue guidance of -.

Gaming and Leisure Properties Price Performance

GLPI traded down $0.27 on Monday, reaching $48.85. The stock had a trading volume of 1,694,668 shares, compared to its average volume of 1,036,605. Gaming and Leisure Properties has a fifty-two week low of $41.80 and a fifty-two week high of $52.60. The firm has a 50-day moving average of $48.12 and a 200-day moving average of $49.77. The company has a current ratio of 11.35, a quick ratio of 11.35 and a debt-to-equity ratio of 1.62. The company has a market capitalization of $13.40 billion, a price-to-earnings ratio of 17.02, a price-to-earnings-growth ratio of 2.01 and a beta of 0.99.

Gaming and Leisure Properties (NASDAQ:GLPI - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The real estate investment trust reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.01. The company had revenue of $389.62 million during the quarter, compared to analysts' expectations of $391.54 million. Gaming and Leisure Properties had a return on equity of 17.41% and a net margin of 51.65%. As a group, sell-side analysts anticipate that Gaming and Leisure Properties will post 3.81 EPS for the current year.

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Gaming and Leisure Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be paid a $0.76 dividend. The ex-dividend date is Friday, March 14th. This represents a $3.04 annualized dividend and a dividend yield of 6.22%. Gaming and Leisure Properties's payout ratio is 105.92%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on GLPI shares. Royal Bank of Canada decreased their price target on Gaming and Leisure Properties from $57.00 to $56.00 and set an "outperform" rating for the company in a research note on Monday. Deutsche Bank Aktiengesellschaft upgraded Gaming and Leisure Properties from a "hold" rating to a "buy" rating and upped their target price for the company from $49.00 to $54.00 in a research report on Wednesday, November 20th. Morgan Stanley lowered Gaming and Leisure Properties from an "overweight" rating to an "equal weight" rating and set a $53.00 target price on the stock. in a research report on Wednesday, January 15th. JPMorgan Chase & Co. upgraded Gaming and Leisure Properties from a "neutral" rating to an "overweight" rating and upped their target price for the company from $49.00 to $54.00 in a research report on Friday, December 13th. Finally, StockNews.com lowered Gaming and Leisure Properties from a "buy" rating to a "hold" rating in a research report on Monday, October 28th. Six research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $54.15.

Insider Activity

In other news, SVP Matthew Demchyk sold 17,617 shares of the firm's stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $49.40, for a total value of $870,279.80. Following the transaction, the senior vice president now owns 54,140 shares in the company, valued at $2,674,516. This trade represents a 24.55 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Brandon John Moore sold 3,982 shares of the firm's stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $47.84, for a total value of $190,498.88. Following the completion of the transaction, the chief operating officer now owns 278,634 shares in the company, valued at $13,329,850.56. This represents a 1.41 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 33,222 shares of company stock worth $1,624,947 over the last 90 days. 4.37% of the stock is currently owned by corporate insiders.

About Gaming and Leisure Properties

Gaming & Leisure Properties, Inc engages in acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company was founded on February 13, 2013 and is headquartered in Wyomissing, PA.