Gaming and Leisure Properties
GLPI

$51.52

0.04%

Market Cap: $14.1B

About: Gaming and Leisure Properties Inc, or GLP, is a real estate investment property trust whose primary business consists of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The GLPI's portfolio consisted of interests in sixty one gaming and related facilities, the real property associated with thirty four gaming and related facilities operated by PENN, the real property associated with six gaming and related facilities operated by Caesars Entertainment Corporation.

Employees: 18

Financials Real Estate Investment Trusts

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 13 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

76% more call options, than puts

Call options by funds: $15.2M | Put options by funds: $8.63M

33% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]

12% more repeat investments, than reductions

Existing positions increased: 203 | Existing positions reduced: 182

3% less capital invested

Capital invested by funds: $11.3B [Q1] → $11B (-$307M) [Q2]

2% less funds holding

Funds holding: 528 [Q1] → 518 (-10) [Q2]

2.28% less ownership

Funds ownership: 91.84% [Q1] → 89.57% (-2.28%) [Q2]

15% less first-time investments, than exits

New positions opened: 57 | Existing positions closed: 67

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Research analyst outlook

13 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$48

7%

downside

Avg. target

$53

3%

upside

High target

$61

18%

upside

13 analyst ratings

10 positive

77%

3 neutral

23%

0 negative

0%

Wells Fargo James Feldman 82% 1-year accuracy 14 / 17 met price target	1%downside $51	Equal-Weight Maintained	26 Aug 2024
Wolfe Research Andrew Rosivach 77% 1-year accuracy 10 / 13 met price target	11%upside $57	Outperform Upgraded	23 Aug 2024
Raymond James RJ Milligan 82% 1-year accuracy 18 / 22 met price target	3%upside $53	Outperform Maintained	21 Aug 2024
JMP Securities Mitch Germain 94% 1-year accuracy 31 / 33 met price target	7%upside $55	Market Outperform Maintained	12 Aug 2024
Deutsche Bank Carlo Santarelli 25% 1-year accuracy 2 / 8 met price target	7%downside $48	Hold Maintained	29 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 7 articles about GLPI published over the past 30 days

Gaming and Leisure Properties, Inc. Declares Third Quarter 2024 Cash Dividend of $0.76 Per Share

WYOMISSING, Pa., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”), announced today that the Company's Board of Directors has declared the third quarter 2024 cash dividend of $0.76 per share of its common stock. The dividend is payable on September 27, 2024 to shareholders of record on September 13, 2024. The third quarter 2023 cash dividend was $0.73 per share of the Company's common stock.

Gaming and Leisure Properties, Inc. Declares Third Quarter 2024 Cash Dividend of $0.76 Per Share

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REIT Fantasy Football: 11 Companies To Start Your Team

Zacks Investment Research

DRH or GLPI: Which Is the Better Value Stock Right Now?

Investors interested in REIT and Equity Trust - Other stocks are likely familiar with DiamondRock Hospitality (DRH) and Gaming and Leisure Properties (GLPI). But which of these two stocks is more attractive to value investors?

DRH or GLPI: Which Is the Better Value Stock Right Now?

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3 Gaming REITs To Bet On

Experiential real estate has become popular due to the threat of e-commerce. These properties are unique and offer experiences that cannot be duplicated online. Gaming-focused REITs like Gaming and Leisure Properties, VICI Properties, and Realty Income have strong balance sheets, positive growth outlooks, and remain attractively valued.

3 Gaming REITs To Bet On

Gaming and Leisure Properties: Undervalued Despite Top-Tier Quarterly Results

Gaming and Leisure Properties operates in a unique gaming property sector with strong value drivers and competitive advantages. GLPI delivered strong Q2 2024 results with top-tier business metrics and robust investment activity. The abovementioned realization of extensive investment volume delivered positive spreads, which led to an upward update of the AFFO per share guidance for 2024.

Gaming and Leisure Properties: Undervalued Despite Top-Tier Quarterly Results

24/7 Wall Street

3 High-Yield Dividend Stocks to Buy Before the Fed Slashes Interest Rates

24/7 Wall St. Insights Traders are betting that the first federal funds rate cut will come as early as September.

3 High-Yield Dividend Stocks to Buy Before the Fed Slashes Interest Rates

Investors Business Daily

Investors Might Bet On This Gaming Stock With A 6.1% Yield

The combination of a steady business model and a solid 6.1% yield should catch investors' attention.

Investors Might Bet On This Gaming Stock With A 6.1% Yield

Cash Cows: 9 High-Yield REITs With Safe Dividends

High-quality REITs with higher yields than usual may be a good investment opportunity. Income investors may find U.S. treasuries more appealing due to lower risk and higher yields compared to most REITs. Seeking Alpha Premium offers a Dividend Safety grade for REITs. A grade of B- or better indicates a mere 1 in 50 risk of a dividend cut.

Cash Cows: 9 High-Yield REITs With Safe Dividends

Zacks Investment Research

DRH vs. GLPI: Which Stock Is the Better Value Option?

Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both DiamondRock Hospitality (DRH) and Gaming and Leisure Properties (GLPI). But which of these two stocks presents investors with the better value opportunity right now?

DRH vs. GLPI: Which Stock Is the Better Value Option?

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