Streetbeat News

GLPI

Gaming and Leisure Properties, Inc.

https://www.glpropinc.com

Industry

REIT - Specialty

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.

Open

48.75

Mkt cap

13B

Volume

872K

High

49.25

P/E Ratio

17.20

52-wk high

52.59

Low

48.61

Div yield

0.06

52-wk low

41.80

Over the past three months, six analysts have shared their insights on Gaming and Leisure Properties Inc. (NASDAQ:GLPI), with most expressing a somewhat bullish sentiment. The average 12-month price target has increased by 4.73% to $53.83. Analysts have adjusted their ratings and price targets, reflecting positive market conditions and company performance. GLPI has shown strong financial health with a high net margin and effective debt management.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 5:01 pm

JMP Securities analyst Mitch Germain has reiterated a Market Outperform rating for Gaming and Leisure Properties (NASDAQ:GLPI) and maintained a price target of $55.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 4:26 pm

Gaming and Leisure Properties (GLPI) has reaffirmed its FY2024 FFO guidance at $3.74-$3.76, which is slightly below the analyst estimate of $3.76.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 8:41 pm

Gaming and Leisure Properties (GLPI) reported Q3 2024 earnings per share of $0.95, surpassing the consensus estimate of $0.94. The company's sales reached $385.341 million, slightly above the expected $385.070 million, marking a 7.17% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 8:17 pm

Gaming and Leisure Properties Inc. (GLPI) has received 12 analyst ratings over the past three months, with a mix of bullish and indifferent sentiments. Analysts have raised their 12-month price targets, reflecting a positive outlook. The company's financial performance shows strong net margins and return on equity, although revenue growth lags behind industry peers.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 4:00 pm

Wells Fargo analyst Conor Siversky has assumed coverage of Gaming and Leisure Properties (GLPI) with an Equal-Weight rating and increased the price target to $52.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 3:29 pm

Gaming and Leisure Properties, Inc. (GLPI) has promoted its COO, Brandon Moore, to the additional role of President. Moore has been with GLPI since 2014 and has a strong legal and regulatory background.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 11:33 am

Wells Fargo analyst James Feldman has maintained an Equal-Weight rating on Gaming and Leisure Properties (GLPI) and raised the price target from $48 to $51.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:56 pm

Top Wall Street analysts have upgraded their ratings for several companies, including BJ's Wholesale Club, Snowflake, Westlake Corporation, Warby Parker, and Gaming and Leisure Properties. These upgrades come with increased price targets, despite recent declines in their stock prices.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 1:58 pm

Wolfe Research has upgraded Gaming and Leisure Properties (GLPI) to 'Outperform' with a new price target of $57, indicating a positive outlook for the stock.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 9:58 am

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