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: $51.12 to $51.95
• 50-Day Range: $45.14 to $52.34
• 52-Week Range: $41.80 to $52.60
• Volume: 862,553 shs
• Average Volume: 1.33 million shs
• Market Capitalization: $13.90 billion
• P/E Ratio: 18.89
• Dividend Yield: 5.94%
• Price Target: $52.11
• Consensus Rating: Moderate Buy

Gaming and Leisure Properties Stock Analysis - MarketRank™

Gaming and Leisure Properties scored higher than 93% of companies evaluated by MarketBeat, and ranked 101st out of 946 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: 2.3 / 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 2.57, and is based on 8 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Gaming and Leisure Properties has been the subject of 10 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 18.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.09.

Price to Earnings Ratio vs. Sector

The P/E ratio of Gaming and Leisure Properties is 18.89, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.07.

Price to Earnings Growth Ratio

Gaming and Leisure Properties has a PEG Ratio of 5.47. 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 3.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.80% 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 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Gaming and Leisure Properties has recently decreased by 13.14%, indicating that investor sentiment is improving significantly.

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 5.83%, 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 112.18%. 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

1.80% 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 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Gaming and Leisure Properties has recently decreased by 13.14%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 1.02

News Sentiment

Gaming and Leisure Properties has a news sentiment score of 1.02. 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 higher news sentiment than the 0.69 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Gaming and Leisure Properties this week, compared to 6 articles on an average week.

Search Interest

Only 8 people have searched for GLPI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

3 people have added Gaming and Leisure Properties to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 $2,495,429.00 in company stock.

Percentage Held by Insiders

Only 4.40% 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 at the beginning of 2024. Since then, GLPI shares have increased by 3.7% and is now trading at $51.20.
View the best growth stocks for 2024 here.

How were Gaming and Leisure Properties' earnings last quarter?

Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) announced its quarterly earnings data on Thursday, July, 25th. The real estate investment trust reported $0.77 EPS for the quarter, missing the consensus estimate of $0.92 by $0.15. The firm's revenue for the quarter was up 6.7% compared to the same quarter last year.

Who are Gaming and Leisure Properties' major shareholders?

Gaming and Leisure Properties' top institutional shareholders include Principal Financial Group Inc. (3.09%), Allspring Global Investments Holdings LLC (1.91%), Dimensional Fund Advisors LP (1.51%) and Bank of New York Mellon Corp (1.02%). 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 Edwards Lifesciences (EW), Omega Healthcare Investors (OHI), Enterprise Products Partners (EPD), AT&T (T), ONEOK (OKE), Gilead Sciences (GILD) and AbbVie (ABBV).

Company Calendar

• Ex-Dividend for 6/21 Dividend: 6/07/2024
• Dividend Payable: 6/21/2024
• Last Earnings: 7/25/2024
• Ex-Dividend for 9/27 Dividend: 9/13/2024
• Today: 9/18/2024
• Dividend Payable: 9/27/2024
• Next Earnings (Estimated): 10/24/2024
• 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: $52.11
• High Stock Price Target: $61.00
• Low Stock Price Target: $46.00
• Potential Upside/Downside: +1.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.57
• Research Coverage: 14 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.71
• Trailing P/E Ratio: 18.89
• Forward P/E Ratio: 13.95
• P/E Growth: 5.47
• Net Income: $734.28 million
• Net Margins: 52.79%
• Pretax Margin: 54.07%
• Return on Equity: 17.60%
• Return on Assets: 6.73%

Debt

• Debt-to-Equity Ratio: 1.49
• Current Ratio: 5.91
• Quick Ratio: 5.91

Sales & Book Value

• Annual Sales: $1.49 billion
• Price / Sales: 9.36
• Cash Flow: $3.82 per share
• Price / Cash Flow: 13.39
• Book Value: $16.89 per share
• Price / Book: 3.03

Miscellaneous

• Outstanding Shares: 271,501,000
• Free Float: 259,555,000
• Market Cap: $13.90 billion
• Optionable: Optionable
• Beta: 0.99