Analysts Set Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) Target Price at $52.50

Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) has received a consensus rating of “Moderate Buy” from the twelve research firms that are presently covering the firm, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $52.50.

Several brokerages recently commented on GLPI. Mizuho boosted 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. Royal Bank Of Canada boosted their target price on Gaming and Leisure Properties from $53.00 to $54.00 and gave the stock an “outperform” rating in a report on Monday, February 23rd. Weiss Ratings raised Gaming and Leisure Properties from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, May 15th. Stifel Nicolaus set a $50.00 target price on Gaming and Leisure Properties in a report on Friday, April 24th. Finally, Scotiabank boosted their target price on Gaming and Leisure Properties from $50.00 to $52.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 12th.

Insider Buying and Selling

In related news, Director E Scott Urdang sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $47.37, for a total transaction of $189,480.00. Following the sale, the director owned 130,429 shares of the company’s stock, valued at $6,178,421.73. The trade was a 2.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Desiree A. Burke sold 9,804 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $49.02, for a total value of $480,592.08. Following the sale, the chief financial officer directly owned 128,352 shares in the company, valued at approximately $6,291,815.04. The trade was a 7.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 30,802 shares of company stock valued at $1,486,821 over the last quarter. Corporate insiders own 4.11% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. V Square Quantitative Management LLC bought a new position in shares of Gaming and Leisure Properties in the fourth quarter valued at $29,000. Quent Capital LLC bought a new position in shares of Gaming and Leisure Properties in the third quarter valued at $31,000. SHP Wealth Management bought a new position in shares of Gaming and Leisure Properties in the fourth quarter valued at $30,000. International Assets Investment Management LLC bought a new position in shares of Gaming and Leisure Properties in the fourth quarter valued at $31,000. Finally, True Wealth Design LLC increased its holdings in shares of Gaming and Leisure Properties by 238.3% in the fourth quarter. True Wealth Design LLC now owns 866 shares of the real estate investment trust’s stock valued at $39,000 after buying an additional 610 shares in the last quarter. Institutional investors own 91.14% of the company’s stock.

Gaming and Leisure Properties Stock Performance

GLPI opened at $47.50 on Friday. The business’s 50 day moving average is $46.73 and its 200-day moving average is $45.76. The stock has a market cap of $13.46 billion, a PE ratio of 15.08, a price-to-earnings-growth ratio of 2.04 and a beta of 0.68. 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 twelve month low of $41.17 and a twelve month high of $49.95.

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

Gaming and Leisure Properties Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be issued a dividend of $0.82 per share. The ex-dividend date of this dividend is Friday, June 12th. This is a positive change from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. This represents a $3.28 annualized dividend and a yield of 6.9%. Gaming and Leisure Properties’s dividend payout ratio is presently 99.05%.

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.