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NASDAQ:GLPI

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

$51.12
-0.03 (-0.06%)
(As of 10/3/2024 ET)

About Gaming and Leisure Properties Stock (NASDAQ:GLPI)

Key Stats

Today's Range
$50.79
$51.13
50-Day Range
$48.15
$52.34
52-Week Range
$41.80
$52.60
Volume
1.14 million shs
Average Volume
1.33 million shs
Market Capitalization
$13.88 billion
P/E Ratio
18.86
Dividend Yield
5.95%
Price Target
$52.18
Consensus Rating
Moderate Buy

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.

Gaming and Leisure Properties Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
91st Percentile Overall Score

GLPI MarketRank™: 

Gaming and Leisure Properties scored higher than 91% of companies evaluated by MarketBeat, and ranked 147th out of 955 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Gaming and Leisure Properties' stock forecast and price target.
  • 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 18.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.53.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Gaming and Leisure Properties is 18.86, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 38.38.

  • Price to Earnings Growth Ratio

    Gaming and Leisure Properties has a PEG Ratio of 5.36. 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.

  • Read more about Gaming and Leisure Properties' valuation and earnings.
  • Percentage of Shares Shorted

    1.65% 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 3.4, 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 8.38%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Gaming and Leisure Properties is a leading dividend payer. It pays a dividend yield of 5.97%, 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.

  • Read more about Gaming and Leisure Properties' dividend.
  • Percentage of Shares Shorted

    1.65% 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 3.4, 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 8.38%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Gaming and Leisure Properties has a news sentiment score of 0.62. 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 news sentiment score is similar to the average news sentiment of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 20 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 -11% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Gaming and Leisure Properties to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • 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.

  • Read more about Gaming and Leisure Properties' insider trading history.

GLPI Stock News Headlines

The $6.5-Trillion “Cash Wave” That Could Fund Your Retirement
Right now, there’s $6.5 trillion in cash sitting on the sidelines—and a big slice of it is about to drop straight into a select group of dividend stoc
The #1 day to buy Walmart stock
These sheets tell you the exact day you should consider buying a stock… And the exact day you should consider selling it… All based on TEN YEARS of historic data and trends. For example, like January 6th through the 12th with Apple… It’s gone up every single year for the last decade. Or like May 26th through June 11th with LULU… Again - it’s gone up every single year for the last decade. Then there’s July 1st through the 21st with Walmart… What happened to WMT?
Gaming and Leisure (GLPI) Gets a Hold from Wells Fargo
See More Headlines

GLPI Stock Analysis - Frequently Asked Questions

Gaming and Leisure Properties' stock was trading at $49.35 at the beginning of 2024. Since then, GLPI stock has increased by 3.6% and is now trading at $51.12.
View the best growth stocks for 2024 here
.

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

Top institutional shareholders of Gaming and Leisure Properties include SG Americas Securities LLC (0.01%) and Park Avenue Securities LLC. 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
.

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.

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

Last Earnings
7/25/2024
Ex-Dividend for 9/27 Dividend
9/13/2024
Dividend Payable
9/27/2024
Today
10/03/2024
Next Earnings (Confirmed)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Trading
Current Symbol
NASDAQ:GLPI
Previous Symbol
NASDAQ:GLPIV
Fax
N/A
Employees
20
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$52.18
High Stock Price Target
$61.00
Low Stock Price Target
$46.00
Potential Upside/Downside
+2.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
14 Analysts

Profitability

Net Income
$734.28 million
Pretax Margin
54.07%

Debt

Sales & Book Value

Annual Sales
$1.49 billion
Cash Flow
$3.90 per share
Book Value
$16.89 per share

Miscellaneous

Free Float
259,555,000
Market Cap
$13.88 billion
Optionable
Optionable
Beta
0.99

This page (NASDAQ:GLPI) was last updated on 10/3/2024 by MarketBeat.com Staff
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