Gaming and Leisure Properties, Inc. (GLPI) – What Are Analysts Saying About This Stock?

Shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) have earned an average recommendation of “Moderate Buy” from the sixteen ratings firms that are covering the firm, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $47.69.

GLPI has been the topic of several research reports. Cantor Fitzgerald dropped their price target on shares of Gaming and Leisure Properties from $52.00 to $48.00 and set a “neutral” rating on the stock in a research report on Monday, August 10th. Barclays reduced their target price on shares of Gaming and Leisure Properties from $50.00 to $44.00 and set an “overweight” rating for the company in a report on Tuesday. Scotiabank dropped their price target on Gaming and Leisure Properties from $49.00 to $43.00 and set a “sector perform” rating on the stock in a report on Thursday, September 24th. Weiss Ratings cut Gaming and Leisure Properties from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, October 8th. Finally, Morgan Stanley reduced their price objective on Gaming and Leisure Properties from $55.00 to $50.00 and set an “equal weight” rating for the company in a research note on Thursday, September 17th.

Insider Buying and Selling

In other news, Director Earl C. Shanks acquired 10,000 shares of Gaming and Leisure Properties stock in a transaction on Tuesday, August 18th. The stock was bought at an average cost of $42.24 per share, with a total value of $422,400.00. Following the completion of the purchase, the director owned 107,259 shares of the company’s stock, valued at $4,530,620.16. This represents a 10.28% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 4.11% of the company’s stock.

Hedge Funds Weigh In On Gaming and Leisure Properties

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GLPI. BlackRock Inc. bought a new stake in Gaming and Leisure Properties during the second quarter valued at about $1,596,811,000. State Street Corp boosted its stake in Gaming and Leisure Properties by 2.3% during the 2nd quarter. State Street Corp now owns 13,477,304 shares of the real estate investment trust’s stock valued at $600,144,000 after purchasing an additional 305,154 shares during the period. Jennison Associates LLC grew its holdings in Gaming and Leisure Properties by 21.7% in the 1st quarter. Jennison Associates LLC now owns 4,378,409 shares of the real estate investment trust’s stock valued at $194,270,000 after buying an additional 781,198 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Gaming and Leisure Properties by 1.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,160,855 shares of the real estate investment trust’s stock valued at $184,614,000 after buying an additional 67,652 shares during the last quarter. Finally, Deutsche Bank AG acquired a new stake in Gaming and Leisure Properties in the 2nd quarter valued at approximately $151,300,000. Institutional investors and hedge funds own 91.14% of the company’s stock.

Gaming and Leisure Properties Price Performance

NASDAQ GLPI opened at $39.14 on Wednesday. Gaming and Leisure Properties has a 12 month low of $37.33 and a 12 month high of $49.95. The firm has a market capitalization of $11.39 billion, a PE ratio of 11.48, a P/E/G ratio of 1.62 and a beta of 0.65. The company’s 50 day simple moving average is $40.51 and its 200 day simple moving average is $44.02. The company has a debt-to-equity ratio of 1.51, a current ratio of 4.74 and a quick ratio of 4.74.

Gaming and Leisure Properties (NASDAQ:GLPI) last issued its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.80. Gaming and Leisure Properties had a return on equity of 19.17% and a net margin of 59.01%. The firm had revenue of $430.52 million during the quarter, compared to analyst estimates of $428.51 million. During the same period last year, the company posted $0.96 EPS. The firm’s quarterly revenue was up 9.0% on a year-over-year basis. Gaming and Leisure Properties has set its FY 2026 guidance at 4.100-4.120 EPS. As a group, equities research analysts forecast that Gaming and Leisure Properties will post 4.03 EPS for the current fiscal year.

Gaming and Leisure Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th were paid a $0.82 dividend. The ex-dividend date of this dividend was Friday, September 11th. This represents a $3.28 dividend on an annualized basis and a yield of 8.4%. Gaming and Leisure Properties’s dividend payout ratio (DPR) is currently 96.19%.

Gaming and Leisure Properties Company Profile

Gaming and Leisure Properties, Inc (NASDAQ: GLPI) is a real estate investment trust that owns and leases gaming and entertainment properties. The company primarily operates as a landlord, generating rental income through long-term agreements with casino operators rather than directly managing most of the gaming facilities located on its properties.

GLPI’s portfolio includes casinos, resorts, racetracks and related entertainment facilities across the United States. Its leases are generally structured as triple-net agreements, under which tenants are typically responsible for property-level expenses such as maintenance, insurance and real estate taxes.