Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) has received a consensus recommendation of “Moderate Buy” from the twelve brokerages that are currently covering the firm, MarketBeat reports. Six research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $51.9545.

GLPI has been the topic of a number of recent analyst reports. Royal Bank Of Canada boosted their price target on Gaming and Leisure Properties from $53.00 to $54.00 and gave the stock an “outperform” rating in a research report on Monday, February 23rd. UBS Group reiterated a “buy” rating on shares of Gaming and Leisure Properties in a research note on Thursday, January 8th. Scotiabank decreased their target price on Gaming and Leisure Properties from $50.00 to $48.00 and set a “sector perform” rating on the stock in a report on Monday, February 2nd. Mizuho set a $50.00 price target on Gaming and Leisure Properties and gave the company an “outperform” rating in a report on Wednesday, December 17th. Finally, JPMorgan Chase & Co. raised shares of Gaming and Leisure Properties from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $52.00 to $53.00 in a research report on Friday, December 12th.

Insider Activity at Gaming and Leisure Properties

In other Gaming and Leisure Properties news, CFO Desiree A. Burke sold 9,804 shares of the firm’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $49.02, for a total transaction of $480,592.08. Following the completion of the sale, the chief financial officer directly owned 128,352 shares in the company, valued at $6,291,815.04. This trade represents a 7.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Steven Ladany sold 18,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $44.77, for a total value of $805,860.00. Following the sale, the senior vice president owned 65,099 shares of the company’s stock, valued at approximately $2,914,482.23. This represents a 21.66% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 69,042 shares of company stock worth $3,203,844 in the last quarter. Corporate insiders own 4.26% of the company’s stock.

Hedge Funds Weigh In On Gaming and Leisure Properties

A number of large investors have recently made changes to their positions in GLPI. Spire Wealth Management grew its holdings in Gaming and Leisure Properties by 62.3% in the 3rd quarter. Spire Wealth Management now owns 620 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 238 shares in the last quarter. V Square Quantitative Management LLC bought a new stake in shares of Gaming and Leisure Properties in the fourth quarter valued at about $29,000. MassMutual Private Wealth & Trust FSB boosted its position in shares of Gaming and Leisure Properties by 89.3% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 655 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 309 shares during the period. Quent Capital LLC acquired a new position in shares of Gaming and Leisure Properties in the third quarter valued at about $31,000. Finally, Bayforest Capital Ltd increased its position in Gaming and Leisure Properties by 412.1% during the third quarter. Bayforest Capital Ltd now owns 676 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 544 shares during the period. Institutional investors own 91.14% of the company’s stock.

Gaming and Leisure Properties Stock Performance

Shares of GLPI stock opened at $48.91 on Tuesday. The stock has a market cap of $13.85 billion, a P/E ratio of 16.81, a P/E/G ratio of 2.70 and a beta of 0.64. The company has a debt-to-equity ratio of 1.45, a current ratio of 3.84 and a quick ratio of 3.84. The company has a fifty day moving average price of $46.16 and a two-hundred day moving average price of $45.62. Gaming and Leisure Properties has a one year low of $41.17 and a one year high of $52.24.

Gaming and Leisure Properties (NASDAQ:GLPI) last released its quarterly earnings data on Thursday, February 19th. The real estate investment trust reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.01. Gaming and Leisure Properties had a net margin of 52.24% and a return on equity of 17.10%. The company had revenue of $407.03 million for the quarter, compared to analyst estimates of $406.02 million. During the same period in the previous year, the business earned $0.95 EPS. Gaming and Leisure Properties’s revenue for the quarter was up 4.5% compared to the same quarter last year. Gaming and Leisure Properties has set its FY 2026 guidance at 4.060-4.110 EPS. As a group, equities analysts predict that Gaming and Leisure Properties will post 3.81 EPS for the current year.

Gaming and Leisure Properties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be issued a dividend of $0.78 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $3.12 annualized dividend and a dividend yield of 6.4%. Gaming and Leisure Properties’s payout ratio is presently 107.22%.

About Gaming and Leisure Properties

Gaming and Leisure Properties, Inc (NASDAQ: GLPI) is a real estate investment trust (REIT) specializing in the ownership and management of gaming and entertainment properties. Established in 2013 as a spin-off from Penn National Gaming, the company was designed to acquire and hold real estate assets associated with casinos, racetracks and other gaming facilities, while leasing those assets back to operating partners under long-term, triple-net lease agreements.

The company’s core activities involve identifying attractive gaming real estate, structuring lease agreements that align tenant incentives with property performance, and actively managing its portfolio to enhance asset value.