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

Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) has earned a consensus rating of “Moderate Buy” from the twelve research firms that are currently covering the firm, Marketbeat reports. Six analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $51.9545.

Several research firms have issued reports on GLPI. Stifel Nicolaus set a $48.50 target price on Gaming and Leisure Properties in a research note on Thursday, February 12th. JPMorgan Chase & Co. raised shares of Gaming and Leisure Properties from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $52.00 to $53.00 in a research report on Friday, December 12th. Cantor Fitzgerald decreased their target price on shares of Gaming and Leisure Properties from $51.00 to $49.00 and set a “neutral” rating for the company in a research report on Thursday, November 6th. Barclays raised their target price on shares of Gaming and Leisure Properties from $52.00 to $53.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Finally, UBS Group reiterated a “buy” rating on shares of Gaming and Leisure Properties in a research note on Thursday, January 8th.

Insider Transactions at Gaming and Leisure Properties

In other news, COO Brandon John Moore sold 16,884 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $48.05, for a total value of $811,276.20. Following the transaction, the chief operating officer directly owned 257,874 shares of the company’s stock, valued at approximately $12,390,845.70. This represents a 6.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director E Scott Urdang sold 4,000 shares of Gaming and Leisure Properties stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $47.37, for a total value of $189,480.00. Following the sale, the director directly owned 130,429 shares of the company’s stock, valued at $6,178,421.73. This trade represents a 2.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 69,042 shares of company stock worth $3,203,844 in the last 90 days. 4.26% of the stock is owned by company insiders.

Institutional Trading of Gaming and Leisure Properties

Several institutional investors have recently modified their holdings of GLPI. Spire Wealth Management grew its position in shares of Gaming and Leisure Properties by 62.3% in the third quarter. Spire Wealth Management now owns 620 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 238 shares in the last quarter. V Square Quantitative Management LLC purchased a new stake in Gaming and Leisure Properties during the fourth quarter worth approximately $29,000. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Gaming and Leisure Properties by 89.3% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 655 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 309 shares during the last quarter. Quent Capital LLC acquired a new stake in shares of Gaming and Leisure Properties in the third quarter valued at approximately $31,000. Finally, International Assets Investment Management LLC purchased a new position in shares of Gaming and Leisure Properties during the fourth quarter worth about $31,000. Institutional investors and hedge funds own 91.14% of the company’s stock.

Gaming and Leisure Properties Trading Up 1.9%

NASDAQ GLPI opened at $49.82 on Tuesday. Gaming and Leisure Properties has a one year low of $41.17 and a one year high of $52.24. The company has a debt-to-equity ratio of 1.45, a quick ratio of 3.84 and a current ratio of 3.84. The company has a market capitalization of $14.11 billion, a price-to-earnings ratio of 17.12, a price-to-earnings-growth ratio of 2.70 and a beta of 0.64. The company’s 50-day simple moving average is $45.78 and its two-hundred day simple moving average is $45.53.

Gaming and Leisure Properties (NASDAQ:GLPI) last issued its quarterly earnings data on Thursday, February 19th. The real estate investment trust reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.01. The company had revenue of $407.03 million for the quarter, compared to analyst estimates of $406.02 million. Gaming and Leisure Properties had a net margin of 52.24% and a return on equity of 17.10%. Gaming and Leisure Properties’s revenue was up 4.5% compared to the same quarter last year. During the same period last year, the company posted $0.95 earnings per share. Gaming and Leisure Properties has set its FY 2026 guidance at 4.060-4.110 EPS. Equities analysts forecast that Gaming and Leisure Properties will post 3.81 EPS for the current fiscal year.

Gaming and Leisure Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be paid a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 6.3%. The ex-dividend date is Friday, March 13th. Gaming and Leisure Properties’s payout ratio is presently 107.22%.

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.