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

Gaming and Leisure Properties (NASDAQ:GLPI) 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 -.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft upgraded Gaming and Leisure Properties from a “hold” rating to a “buy” rating and boosted their price target for the company from $49.00 to $54.00 in a research report on Wednesday, November 20th. JMP Securities restated a “market outperform” rating and issued a $55.00 price target on shares of Gaming and Leisure Properties in a research report on Wednesday, December 18th. Stifel Nicolaus boosted their price target on Gaming and Leisure Properties from $53.25 to $57.50 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Morgan Stanley lowered Gaming and Leisure Properties from an “overweight” rating to an “equal weight” rating and set a $53.00 price objective on the stock. in a report on Wednesday, January 15th. Finally, JPMorgan Chase & Co. raised Gaming and Leisure Properties from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $49.00 to $54.00 in a report on Friday, December 13th. Six investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $53.93.

Gaming and Leisure Properties Price Performance

Shares of NASDAQ:GLPI opened at $49.39 on Friday. The business’s 50 day simple moving average is $48.16 and its 200-day simple moving average is $49.76. The firm has a market capitalization of $13.55 billion, a price-to-earnings ratio of 17.27, a price-to-earnings-growth ratio of 1.99 and a beta of 0.99. The company has a debt-to-equity ratio of 1.62, a current ratio of 11.35 and a quick ratio of 11.35. Gaming and Leisure Properties has a 12 month low of $41.80 and a 12 month high of $52.60.

Gaming and Leisure Properties (NASDAQ:GLPI) last announced its quarterly earnings results on Thursday, February 20th. The real estate investment trust reported $0.95 EPS for the quarter, topping the consensus estimate of $0.94 by $0.01. Gaming and Leisure Properties had a return on equity of 17.31% and a net margin of 51.93%. As a group, equities analysts forecast that Gaming and Leisure Properties will post 3.67 earnings per share for the current fiscal year.

Gaming and Leisure Properties Announces Dividend

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

Insider Activity at Gaming and Leisure Properties

In related news, SVP Matthew Demchyk sold 17,617 shares of the company’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $49.40, for a total value of $870,279.80. Following the sale, the senior vice president now owns 54,140 shares of the company’s stock, valued at approximately $2,674,516. This represents a 24.55 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Brandon John Moore sold 3,982 shares of the business’s stock in a transaction on Thursday, January 2nd. The shares were 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 $13,329,850.56. This trade represents a 1.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 33,222 shares of company stock valued at $1,624,947. 4.37% of the stock is owned by corporate insiders.

About Gaming and Leisure Properties

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.