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: 18
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
867% more call options, than puts
Call options by funds: $67.6M | Put options by funds: $6.99M
54% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 48
42% more repeat investments, than reductions
Existing positions increased: 226 | Existing positions reduced: 159
16% more capital invested
Capital invested by funds: $11.2B [Q2] → $13B (+$1.78B) [Q3]
3% more funds holding
Funds holding: 521 [Q2] → 539 (+18) [Q3]
0.59% more ownership
Funds ownership: 91.63% [Q2] → 92.23% (+0.59%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$49
2%
upside
Avg. target
$54
11%
upside
High target
$58
20%
upside
8 analyst ratings
4 positive
50%
4 neutral
50%
0 negative
0%
Scotiabank Greg McGinniss 33% 1-year accuracy 4 / 12 met price target | 2%upside $49 | Sector Perform Maintained | 16 Jan 2025 |
Morgan Stanley Ronald Kamdem 56% 1-year accuracy 9 / 16 met price target | 10%upside $53 | Equal-Weight Downgraded | 15 Jan 2025 |
JMP Securities Mitch Germain 45% 1-year accuracy 18 / 40 met price target | 14%upside $55 | Market Outperform Reiterated | 18 Dec 2024 |
Barclays Richard Hightower 22% 1-year accuracy 2 / 9 met price target | 13%upside $55 | Equal-Weight Initiated | 17 Dec 2024 |
JP Morgan Joseph Greff 28% 1-year accuracy 8 / 29 met price target | 12%upside $54 | Overweight Upgraded | 13 Dec 2024 |
Financial journalist opinion
Based on 5 articles about GLPI published over the past 30 days
Positive
Zacks Investment Research
1 week ago
Down -5.31% in 4 Weeks, Here's Why You Should You Buy the Dip in Gaming and Leisure Properties (GLPI)
Gaming and Leisure Properties (GLPI) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Positive
Seeking Alpha
2 weeks ago
5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (January 2025)
5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (January 2025)
Positive
Zacks Investment Research
2 weeks ago
Gaming and Leisure Properties (GLPI) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
Gaming and Leisure Properties (GLPI) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
Negative
Seeking Alpha
4 weeks ago
Powell Plays Grinch
U.S. equity markets tumbled this week while benchmark interest rates jumped to six-month highs after the Fed cut rates for a third-straight meeting but indicated a less-dovish outlook for 2025. Reflecting concern over stubbornly sticky inflation and buoyant economic growth, the FOMC's updated Economic Projections indicate just two rate cuts in 2025, down from four in the prior forecast. Posting its worst week since November, the S&P 500 dipped 2.2%. The Dow shed roughly 1,000 points, while the Small-Cap 600 and the Mid-Cap 400 each tumbled by nearly 5%.
Positive
CNBC
4 weeks ago
Top Wall Street analysts recommend these dividend stocks for higher returns
TipRanks' analyst ranking service spotlights three dividend-paying stocks, including Walmart and Gaming and Leisure Properties.
Positive
Seeking Alpha
1 month ago
Buy The Dip Opportunities: VICI Properties Vs Gaming And Leisure Properties
The gaming property sector, represented by VICI and GLPI, offers unique value drivers like mission-critical properties, immunity to secular threats, focus on triple net leases, and outstanding negotiating position. Both REITs feature a 100% occupancy rate, outstandingly long lease terms and above-average rent escalators, setting them apart from other net lease REITs. VICI is deemed a 'strong buy' due to its higher DPS growth, trophy asset portfolio, and more attractive valuation, while GLPI is considered a 'buy'.
Positive
Seeking Alpha
1 month ago
2 REITs To Add To Your Christmas List And When To Buy For A Margin Of Safety
Agree Realty and VICI Properties are high-quality REITs with strong fundamentals and impressive total returns, but currently offer little margin of safety due to their run-up in share prices. Investing with a margin of safety helps manage market volatility; for example, my cost basis of $53 for Realty Income has helped me stomach volatility and the stock's underperformance. I recommend assigning stocks specific roles in your portfolio; for example, Starwood Property for stable dividends, PepsiCo for moderate growth, and Visa for high growth, balancing income and growth.
Neutral
Business Wire
1 month ago
Bally's Completes Previously Announced Sale Lease-Back of Bally's Kansas City and Bally's Shreveport to Gaming and Leisure Properties
PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY and BALY.T) ("Bally's”) today announced that it has completed the previously announced sale lease-back of certain real property interests underlying Bally's Kansas City and Bally's Shreveport to Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI”) in a transaction valued at $395 million in the aggregate, inclusive of $7 million in LP units and $388 million in cash. The sale lease-back consideration includes approximately.
Positive
Seeking Alpha
1 month ago
5 Relatively Secure And Cheap Dividend Stocks For December 2024: Yields Up To 9%
This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields about 3.28%, we present two other groups of five DGI stocks each, from moderate to high yields of up to 9%.
Neutral
GlobeNewsWire
1 month ago
Gaming and Leisure Properties, Inc. Declares Fourth Quarter 2024 Cash Dividend of $0.76 per Share
WYOMISSING, Pa., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”), announced today that the Company's Board of Directors has declared the fourth quarter 2024 cash dividend of $0.76 per share of its common stock. The dividend is payable on December 20, 2024 to shareholders of record on December 6, 2024. The fourth quarter 2023 cash dividend was $0.73 per share of the Company's common stock.
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