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 -.

Analysts Set New Price Targets

GLPI has been the topic of several recent analyst reports. Stifel Nicolaus boosted their target price on Gaming and Leisure Properties from $53.25 to $57.50 and gave the stock a “buy” rating in a report on Tuesday, November 26th. 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. Deutsche Bank Aktiengesellschaft upgraded shares of Gaming and Leisure Properties from a “hold” rating to a “buy” rating and lifted their price target for the stock from $49.00 to $54.00 in a research report on Wednesday, November 20th. Mizuho decreased their price target on shares of Gaming and Leisure Properties from $52.00 to $51.00 and set a “neutral” rating on the stock in a research report on Thursday, November 14th. Finally, 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. Six equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the company 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 $49.11 on Friday. Gaming and Leisure Properties has a fifty-two week low of $41.80 and a fifty-two week high of $52.60. The stock has a fifty day moving average of $48.14 and a 200-day moving average of $49.76. The company has a debt-to-equity ratio of 1.62, a quick ratio of 11.35 and a current ratio of 11.35. The stock has a market cap of $13.47 billion, a PE ratio of 17.17, a price-to-earnings-growth ratio of 1.99 and a beta of 0.99.

Gaming and Leisure Properties (NASDAQ:GLPI) last posted its quarterly earnings data on Thursday, February 20th. The real estate investment trust reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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%. The firm had revenue of $389.62 million during the quarter, compared to analysts’ expectations of $391.54 million. Equities research analysts anticipate that Gaming and Leisure Properties will post 3.67 earnings per share for the current year.

Gaming and Leisure Properties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be given a $0.76 dividend. This represents a $3.04 annualized dividend and a dividend yield of 6.19%. The ex-dividend date is Friday, March 14th. Gaming and Leisure Properties’s dividend payout ratio is currently 106.29%.

Insider Transactions at Gaming and Leisure Properties

In other Gaming and Leisure Properties news, COO Brandon John Moore sold 3,982 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $47.84, for a total transaction of $190,498.88. Following the completion of the transaction, the chief operating officer now owns 278,634 shares in the company, valued at $13,329,850.56. This trade represents a 1.41 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Matthew Demchyk sold 17,617 shares of the firm’s stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $49.40, for a total value of $870,279.80. Following the transaction, the senior vice president now owns 54,140 shares of the company’s stock, valued at $2,674,516. This represents a 24.55 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 33,222 shares of company stock valued at $1,624,947. Insiders own 4.37% of the company’s stock.

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.