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

Company Overview

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.

Key Stats

• Today's Range: $46.73 to $47.72
• 50-Day Range: $46.46 to $51.66
• 52-Week Range: $41.80 to $52.60
• Volume: 4.32 million shs
• Average Volume: 1.31 million shs
• Market Capitalization: $12.92 billion
• P/E Ratio: 16.46
• Dividend Yield: 6.46%
• Price Target: $54.00
• Consensus Rating: Moderate Buy

Gaming and Leisure Properties Stock Analysis - MarketRank™

Gaming and Leisure Properties scored higher than 88% of companies evaluated by MarketBeat, and ranked 186th out of 937 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Gaming and Leisure Properties has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 10 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Gaming and Leisure Properties has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 3.54%

Earnings Growth

Earnings for Gaming and Leisure Properties are expected to grow by 3.54% in the coming year, from $3.67 to $3.80 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Gaming and Leisure Properties is 16.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of Gaming and Leisure Properties is 16.46, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 34.17.

Price to Earnings Growth Ratio

Gaming and Leisure Properties has a PEG Ratio of 2.10. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Gaming and Leisure Properties has a P/B Ratio of 2.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

1.91% of the outstanding shares of Gaming and Leisure Properties have been sold short.

Short Interest Ratio / Days to Cover

Gaming and Leisure Properties has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in Gaming and Leisure Properties has recently increased by 2.54%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Gaming and Leisure Properties is a leading dividend payer. It pays a dividend yield of 6.11%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Gaming and Leisure Properties does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Gaming and Leisure Properties is 106.29%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Gaming and Leisure Properties will have a dividend payout ratio of 80.00% in the coming year. This indicates that Gaming and Leisure Properties may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 2.7 / 5
• Environmental Score: -1.76

Percentage of Shares Shorted

1.91% of the outstanding shares of Gaming and Leisure Properties have been sold short.

Short Interest Ratio / Days to Cover

Gaming and Leisure Properties has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in Gaming and Leisure Properties has recently increased by 2.54%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.66

News Sentiment

Gaming and Leisure Properties has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.79 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for Gaming and Leisure Properties this week, compared to 8 articles on an average week.

MarketBeat Follows

Only 2 people have added Gaming and Leisure Properties to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Gaming and Leisure Properties insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $496,522.00 in company stock.

Percentage Held by Insiders

Only 4.37% of the stock of Gaming and Leisure Properties is held by insiders.

Percentage Held by Institutions

91.14% of the stock of Gaming and Leisure Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GLPI Stock Analysis - Frequently Asked Questions

How have GLPI shares performed this year?

Gaming and Leisure Properties' stock was trading at $49.35 on January 1st, 2024. Since then, GLPI shares have decreased by 4.6% and is now trading at $47.08.
View the best growth stocks for 2024 here.

How were Gaming and Leisure Properties' earnings last quarter?

Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) released its quarterly earnings data on Thursday, October, 24th. The real estate investment trust reported $0.67 EPS for the quarter, missing analysts' consensus estimates of $0.92 by $0.25. Gaming and Leisure Properties's quarterly revenue was up 7.2% on a year-over-year basis.

Who are Gaming and Leisure Properties' major shareholders?

Gaming and Leisure Properties' top institutional shareholders include Franklin Resources Inc. (4.47%), State Street Corp (4.42%), Wellington Management Group LLP (4.25%) and Bamco Inc. NY (2.95%). Insiders that own company stock include Brandon John Moore, E Scott Urdang, Desiree A Burke, Matthew Demchyk, Barry F Schwartz 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.

What other stocks do shareholders of Gaming and Leisure Properties own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Gaming and Leisure Properties investors own include Chevron (CVX), Meta Platforms (META), Salesforce (CRM), AbbVie (ABBV), Johnson & Johnson (JNJ), Pfizer (PFE) and QUALCOMM (QCOM).

Company Calendar

• Ex-Dividend for 9/27 Dividend: 9/13/2024
• Dividend Payable: 9/27/2024
• Last Earnings: 10/24/2024
• Ex-Dividend for 12/20 Dividend: 12/06/2024
• Today: 12/20/2024
• Dividend Payable: 12/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NASDAQ:GLPI
• Previous Symbol: NASDAQ:GLPIV
• CUSIP: N/A
• CIK: 1575965
• Web: www.glpropinc.com
• Phone: (610) 401-2900
• Fax: N/A
• Employees: 20
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $54.00
• High Stock Price Target: $61.00
• Low Stock Price Target: $50.00
• Potential Upside/Downside: +14.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.71
• Research Coverage: 14 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.86
• Trailing P/E Ratio: 16.46
• Forward P/E Ratio: 12.83
• P/E Growth: 2.1
• Net Income: $734.28 million
• Net Margins: 51.93%
• Pretax Margin: 53.20%
• Return on Equity: 17.31%
• Return on Assets: 6.53%

Debt

• Debt-to-Equity Ratio: 1.62
• Current Ratio: 11.35
• Quick Ratio: 11.35

Sales & Book Value

• Annual Sales: $1.51 billion
• Price / Sales: 8.55
• Cash Flow: $3.70 per share
• Price / Cash Flow: 12.72
• Book Value: $16.89 per share
• Price / Book: 2.79

Miscellaneous

• Outstanding Shares: 274,392,000
• Free Float: 262,401,000
• Market Cap: $12.92 billion
• Optionable: Optionable
• Beta: 0.98