Gaming and Leisure Properties (NASDAQ:GLPI) Releases FY 2025 Earnings Guidance

Gaming and Leisure Properties (NASDAQ:GLPIGet Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 3.830-3.880 for the period, compared to the consensus EPS estimate of 3.950. The company issued revenue guidance of -.

Gaming and Leisure Properties Price Performance

NASDAQ:GLPI traded up $0.40 during trading hours on Thursday, reaching $49.39. 1,136,796 shares of the company were exchanged, compared to its average volume of 984,054. The stock’s 50-day moving average is $48.16 and its 200-day moving average is $49.76. The company has a current ratio of 11.35, a quick ratio of 11.35 and a debt-to-equity ratio of 1.62. The firm has a market cap of $13.55 billion, a PE ratio of 17.27, a price-to-earnings-growth ratio of 2.00 and a beta of 0.99. Gaming and Leisure Properties has a twelve month low of $41.80 and a twelve month high of $52.60.

Gaming and Leisure Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 6th were issued a $0.76 dividend. This represents a $3.04 annualized dividend and a dividend yield of 6.16%. The ex-dividend date of this dividend was Friday, December 6th. Gaming and Leisure Properties’s payout ratio is 106.29%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on GLPI shares. StockNews.com lowered shares of Gaming and Leisure Properties from a “buy” rating to a “hold” rating in a research report on Monday, October 28th. Barclays assumed coverage on Gaming and Leisure Properties in a report on Tuesday, December 17th. They set an “equal weight” rating and a $54.53 target price for the company. Morgan Stanley downgraded shares of Gaming and Leisure Properties from an “overweight” rating to an “equal weight” rating and set a $53.00 target price for the company. in a research note on Wednesday, January 15th. JPMorgan Chase & Co. raised shares of Gaming and Leisure Properties from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $49.00 to $54.00 in a research report on Friday, December 13th. Finally, Deutsche Bank Aktiengesellschaft upgraded Gaming and Leisure Properties from a “hold” rating to a “buy” rating and upped their price objective for the stock from $49.00 to $54.00 in a research note on Wednesday, November 20th. Six research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $53.93.

Check Out Our Latest Stock Report on GLPI

Insider Activity

In other Gaming and Leisure Properties news, COO Brandon John Moore sold 3,982 shares of the business’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $47.84, for a total value of $190,498.88. Following the completion of the transaction, the chief operating officer now owns 278,634 shares of the company’s stock, valued at approximately $13,329,850.56. The trade was a 1.41 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Matthew Demchyk sold 1,149 shares of Gaming and Leisure Properties stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $47.80, for a total transaction of $54,922.20. Following the transaction, the senior vice president now directly owns 91,620 shares in the company, valued at $4,379,436. This represents a 1.24 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 33,222 shares of company stock worth $1,624,947. 4.37% of the stock is currently owned by insiders.

About Gaming and Leisure Properties

(Get Free Report)

Gaming & Leisure Properties, Inc engages in acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company was founded on February 13, 2013 and is headquartered in Wyomissing, PA.

Recommended Stories

Receive News & Ratings for Gaming and Leisure Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gaming and Leisure Properties and related companies with MarketBeat.com's FREE daily email newsletter.