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

Shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) have been given an average recommendation of “Moderate Buy” by the eleven brokerages that are currently covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $52.8889.

A number of equities research analysts have recently issued reports on the stock. Royal Bank Of Canada upped their target price on shares of Gaming and Leisure Properties from $53.00 to $54.00 and gave the company an “outperform” rating in a research note on Monday, February 23rd. Stifel Nicolaus set a $50.00 price objective on shares of Gaming and Leisure Properties in a research report on Friday, April 24th. Scotiabank boosted their price objective on shares of Gaming and Leisure Properties from $50.00 to $52.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 12th. Weiss Ratings raised shares of Gaming and Leisure Properties from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, May 15th. Finally, Mizuho boosted their price objective on shares of Gaming and Leisure Properties from $50.00 to $53.00 and gave the company an “outperform” rating in a research report on Wednesday, March 11th.

Insider Buying and Selling

In other Gaming and Leisure Properties news, Director E Scott Urdang sold 3,000 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $48.32, for a total value of $144,960.00. Following the completion of the transaction, the director owned 127,429 shares in the company, valued at approximately $6,157,369.28. This represents a 2.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 4.11% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. V Square Quantitative Management LLC bought a new position in Gaming and Leisure Properties in the 4th quarter worth about $29,000. SHP Wealth Management bought a new position in Gaming and Leisure Properties in the 4th quarter worth about $30,000. International Assets Investment Management LLC bought a new position in Gaming and Leisure Properties in the 4th quarter worth about $31,000. True Wealth Design LLC grew its position 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 last quarter. Finally, Essential Partners LLC grew its position 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 last quarter. Institutional investors own 91.14% of the company’s stock.

Gaming and Leisure Properties Stock Performance

Shares of Gaming and Leisure Properties stock opened at $45.26 on Thursday. The firm has a market cap of $12.83 billion, a PE ratio of 14.37, a price-to-earnings-growth ratio of 2.02 and a beta of 0.66. The firm’s 50-day simple moving average is $47.18 and its 200-day simple moving average is $46.16. The company has a debt-to-equity ratio of 1.62, a quick ratio of 6.29 and a current ratio of 6.29. Gaming and Leisure Properties has a 1 year low of $41.17 and a 1 year high of $49.95.

Gaming and Leisure Properties (NASDAQ:GLPI) last issued its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.06. The business had revenue of $419.99 million for the quarter, compared to analyst estimates of $417.15 million. Gaming and Leisure Properties had a net margin of 55.56% and a return on equity of 18.06%. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.96 EPS. Gaming and Leisure Properties has set its FY 2026 guidance at 4.080-4.120 EPS. Equities analysts forecast that Gaming and Leisure Properties will post 4 earnings per share for the current fiscal year.

Gaming and Leisure Properties Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 12th will be given a $0.82 dividend. This is a positive change from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. The ex-dividend date is Friday, June 12th. This represents a $3.28 annualized dividend and a yield of 7.2%. 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.