Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) have earned a consensus recommendation of “Moderate Buy” from the eleven brokerages that are presently covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $52.00.

Several equities research analysts have commented on GLPI shares. Weiss Ratings lowered shares of Gaming and Leisure Properties from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, June 17th. Barclays lifted their price objective on Gaming and Leisure Properties from $52.00 to $53.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. UBS Group set a $49.00 price objective on Gaming and Leisure Properties in a report on Thursday, June 18th. Scotiabank lowered their target price on Gaming and Leisure Properties from $52.00 to $49.00 and set a “sector perform” rating on the stock in a research note on Thursday, June 18th. Finally, Mizuho raised their target price on Gaming and Leisure Properties from $50.00 to $53.00 and gave the stock an “outperform” rating in a report on Wednesday, March 11th.

Insider Transactions at Gaming and Leisure Properties

In related news, Director E Scott Urdang sold 3,000 shares of the firm’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $48.32, for a total transaction of $144,960.00. Following the sale, the director owned 127,429 shares in the company, valued at approximately $6,157,369.28. This trade represents a 2.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 4.11% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. V Square Quantitative Management LLC purchased a new stake in shares of Gaming and Leisure Properties during the 4th quarter worth about $29,000. SHP Wealth Management purchased a new position in shares of Gaming and Leisure Properties in the 4th quarter valued at about $30,000. International Assets Investment Management LLC purchased a new position in shares of Gaming and Leisure Properties in the 4th quarter valued at about $31,000. True Wealth Design LLC raised its holdings in Gaming and Leisure Properties by 238.3% in the 4th quarter. True Wealth Design LLC now owns 866 shares of the real estate investment trust’s stock worth $39,000 after purchasing an additional 610 shares during the period. Finally, Essential Partners LLC raised its holdings in Gaming and Leisure Properties by 38.2% in the 1st quarter. Essential Partners LLC now owns 868 shares of the real estate investment trust’s stock worth $39,000 after purchasing an additional 240 shares during the period. Institutional investors and hedge funds own 91.14% of the company’s stock.

Gaming and Leisure Properties Stock Performance

Shares of NASDAQ GLPI opened at $43.95 on Monday. The company has a 50 day simple moving average of $46.69 and a two-hundred day simple moving average of $46.32. The stock has a market cap of $12.46 billion, a price-to-earnings ratio of 13.95, a PEG ratio of 1.89 and a beta of 0.66. The company has a current ratio of 6.29, a quick ratio of 6.29 and a debt-to-equity ratio of 1.62. Gaming and Leisure Properties has a 12 month low of $41.17 and a 12 month high of $49.95.

Gaming and Leisure Properties (NASDAQ:GLPI) last released its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.06. Gaming and Leisure Properties had a net margin of 55.56% and a return on equity of 18.06%. The firm had revenue of $419.99 million for the quarter, compared to analyst estimates of $417.15 million. During the same quarter in the prior year, the business earned $0.96 earnings per share. The business’s quarterly revenue was up 6.3% compared to the same quarter last year. Gaming and Leisure Properties has set its FY 2026 guidance at 4.080-4.120 EPS. As a group, analysts predict that Gaming and Leisure Properties will post 4.01 earnings per share for the current year.

Gaming and Leisure Properties Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 12th were issued a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 7.5%. This is a boost from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. The ex-dividend date of this dividend was Friday, June 12th. Gaming and Leisure Properties’s payout ratio is currently 104.13%.

Gaming and Leisure Properties Company Profile

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.