Gaming and Leisure PropertiesGLPI
GLPI
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: 19
0
Funds holding %
of 7,372 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
285% more call options, than puts
Call options by funds: $19.7M | Put options by funds: $5.13M
25% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 5 (+1) [Q4]
19% more repeat investments, than reductions
Existing positions increased: 219 | Existing positions reduced: 184
1.05% more ownership
Funds ownership: 92.16% [Q3] → 93.21% (+1.05%) [Q4]
4% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 53
2% less funds holding
Funds holding: 544 [Q3] → 534 (-10) [Q4]
5% less capital invested
Capital invested by funds: $13B [Q3] → $12.3B (-$704M) [Q4]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$49
1%
downside
Avg. target
$53
8%
upside
High target
$56
13%
upside
8 analyst ratings
4 positive
50%
4 neutral
50%
0 negative
0%
Wells Fargo John Kilichowski 43% 1-year accuracy 6 / 14 met price target | 3%upside $51 | Equal-Weight Maintained | 10 Mar 2025 |
Barclays Richard Hightower 62% 1-year accuracy 13 / 21 met price target | 7%upside $53 | Equal-Weight Maintained | 4 Mar 2025 |
Citizens Capital Markets Mitch Germain 67% 1-year accuracy 28 / 42 met price target | 11%upside $55 | Market Outperform Reiterated | 25 Feb 2025 |
RBC Capital Brad Heffern 76% 1-year accuracy 28 / 37 met price target | 13%upside $56 | Outperform Maintained | 24 Feb 2025 |
Scotiabank Greg McGinniss 27% 1-year accuracy 4 / 15 met price target | 1%downside $49 | Sector Perform Maintained | 16 Jan 2025 |
Financial journalist opinion
Based on 9 articles about GLPI published over the past 30 days
Positive
Seeking Alpha
6 days ago
Gaming and Leisure Properties: Why This 6% Yielding Gaming REIT Is Just As Good As VICI
Gaming and Leisure Properties offers a compelling investment with a higher yield of 6.22% compared to VICI Properties' 5.3%, despite less attention. GLPI's regional focus and solid growth, even amid economic challenges, make it a top income pick with a forward P/AFFO multiple of 12.91x. GLPI is better positioned for economic volatility than VICI, with regional markets performing better than Las Vegas during downturns.
Positive
Seeking Alpha
1 week ago
Winners Of REIT Earnings Season
In Part 2 of our Earnings Recap, we present a sector-by-sector breakdown of the Winners of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Healthcare REITs were the leaders this earnings season, with results showing robust momentum in senior housing fundamentals, while tenant operator issues improved across other healthcare sub-sectors. Results from Net Lease, Casino, and Residential Mortgage REITs - several of the most rate-sensitive sectors - were also surprisingly steady despite the interest rate turbulence in late 2024.
Positive
Seeking Alpha
1 week ago
Buried Treasures: 4 Dramatically Undervalued REITs
REITs are highly attractive now due to stable or falling interest rates and low inflation, with many offering strong yields while being undervalued. This article identifies 27 REITs yielding at least 75 basis points above the no-risk rate on Treasuries, while selling at discounts of 20% or greater to their Target Fair Value. The list is then screened for dividend safety, to eliminate sucker yields, and for stable revenues, excluding those with flat or declining FFO/share.
Positive
Seeking Alpha
2 weeks ago
Gaming and Leisure Properties: Accretive Investment Spreads And An Attractive Total Return
We maintain our buy recommendation on Gaming and Leisure Properties, Inc. stock due to a still attractive investment spread and a potential total return that exceeds fair value. With an 8.20% cap rate on recent acquisitions and a weighted average cost of capital of 7.37%, GLPI creates 83 basis points of value in the current environment. GLPI's total return potential of 9.90% materially exceeds the 8.36% hurdle rate given the risk profile of the asset.
Positive
Zacks Investment Research
2 weeks ago
INN vs. GLPI: Which Stock Is the Better Value Option?
Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Summit Hotel Properties (INN) and Gaming and Leisure Properties (GLPI). But which of these two stocks presents investors with the better value opportunity right now?
Neutral
Seeking Alpha
2 weeks ago
From Real Property To Intellectual Property: My 15 Years On Seeking Alpha
Over nearly 15 years, I've written 4,300-plus Seeking Alpha articles, focusing on REITs and income stocks, emphasizing principal preservation and "SWAN investing." My journey included covering the evolution of the U.S. equity REIT sector, highlighting companies like STAG Industrial, Digital Realty, and Realty Income. Inspired by mentors and collaborations, I expanded my research to various asset classes, building a larger audience and scaling research businesses like iREIT and Dividend Kings.
Neutral
Seeking Alpha
2 weeks ago
Gaming and Leisure Properties, Inc. (GLPI) Q4 2024 Earnings Call Transcript
Gaming and Leisure Properties, Inc. (NASDAQ:GLPI ) Q4 2024 Earnings Conference Call February 21, 2025 11:00 AM ET Company Participants Joe Jaffoni - Investor Relations Peter Carlino - Chairman and CEO Brandon Moore - President and COO Desiree Burke - Chief Financial Officer and Treasurer Steve Ladany - Senior Vice President and CDO Matthew Demchyk - Senior Vice President and CIO Conference Call Participants Brad Heffern - RBC Capital Markets Ron Kamdem - Morgan Stanley Barry Jonas - Truist Securities John Kilichowski - Wells Fargo Greg McGinnis - Scotiabank Ravi Vaidya - Mizuho David Katz - Jefferies Michael Herring - Green Street Advisors Caitlin Burrows - Goldman Sachs Todd Thomas - KeyBanc Capital Markets Mitch Germain - Citizens JMP Chad Beynon - Macquarie Rich Hightower - Barclays Daniel Guglielmo - Capital One Securities Robin Farley - UBS Colin Mansfield - CBRE Institutional Research Operator Greetings. And welcome to the Gaming and Leisure Properties Fourth Quarter 2024 Earnings Conference Call.
Positive
Zacks Investment Research
2 weeks ago
Gaming and Leisure Properties (GLPI) Q4 FFO Surpass Estimates
Gaming and Leisure Properties (GLPI) came out with quarterly funds from operations (FFO) of $0.95 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to FFO of $0.93 per share a year ago.
Neutral
GlobeNewsWire
2 weeks ago
Gaming and Leisure Properties, Inc. Reports Record Fourth Quarter Results, Establishes 2025 Guidance and Announces 2025 First Quarter Dividend of $0.76 Per Share
WYOMISSING, Pa., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”) today announced record results for the fourth quarter and year-ended December 31, 2024.
Neutral
GlobeNewsWire
1 month ago
Gaming and Leisure Properties Inc. Announces 2024 Distribution Tax Treatment
WYOMISSING, Pa., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”) announced the income tax allocation for federal income tax purposes of its aggregate distributions in 2024 of $3.04 per share of common stock (CUSIP: 36467J108).
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