GLPI icon

Gaming and Leisure Properties

49.16 USD
-0.18
0.36%
Updated Feb 7, 1:25 PM EST
1 day
-0.36%
5 days
2.10%
1 month
4.37%
3 months
-0.47%
6 months
0.06%
Year to date
2.91%
1 year
8.52%
5 years
3.26%
10 years
46.75%
 

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 6,831 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

56% more first-time investments, than exits

New positions opened: 75 | 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]

4% more funds holding

Funds holding: 521 [Q2] → 541 (+20) [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
0%
upside
Avg. target
$54
9%
upside
High target
$58
17%
upside

8 analyst ratings

positive
50%
neutral
50%
negative
0%
Scotiabank
Greg McGinniss
31% 1-year accuracy
4 / 13 met price target
0%downside
$49
Sector Perform
Maintained
16 Jan 2025
Morgan Stanley
Ronald Kamdem
67% 1-year accuracy
10 / 15 met price target
8%upside
$53
Equal-Weight
Downgraded
15 Jan 2025
JMP Securities
Mitch Germain
45% 1-year accuracy
17 / 38 met price target
12%upside
$55
Market Outperform
Reiterated
18 Dec 2024
Barclays
Richard Hightower
59% 1-year accuracy
10 / 17 met price target
11%upside
$55
Equal-Weight
Initiated
17 Dec 2024
JP Morgan
Joseph Greff
41% 1-year accuracy
12 / 29 met price target
10%upside
$54
Overweight
Upgraded
13 Dec 2024

Financial journalist opinion

Based on 3 articles about GLPI published over the past 30 days

Neutral
GlobeNewsWire
2 weeks 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).
Gaming and Leisure Properties Inc. Announces 2024 Distribution Tax Treatment
Neutral
GlobeNewsWire
2 weeks ago
Gaming and Leisure Properties, Inc. Schedules Fourth Quarter 2024 Earnings Release and Conference Call
WYOMISSING, Pa., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2024 fourth quarter financial results after the market close on Thursday, February 20, 2025. The Company will host a conference call at 11:00 a.m. ET on Friday, February 21, 2025.
Gaming and Leisure Properties, Inc. Schedules Fourth Quarter 2024 Earnings Release and Conference Call
Positive
Zacks Investment Research
4 weeks 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.
Down -5.31% in 4 Weeks, Here's Why You Should You Buy the Dip in Gaming and Leisure Properties (GLPI)
Positive
Seeking Alpha
1 month 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)
5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (January 2025)
Positive
Zacks Investment Research
1 month 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.
Gaming and Leisure Properties (GLPI) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
Negative
Seeking Alpha
1 month 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%.
Powell Plays Grinch
Positive
CNBC
1 month 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.
Top Wall Street analysts recommend these dividend stocks for higher returns
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'.
Buy The Dip Opportunities: VICI Properties Vs Gaming And Leisure Properties
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.
2 REITs To Add To Your Christmas List And When To Buy For A Margin Of Safety
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.
Bally's Completes Previously Announced Sale Lease-Back of Bally's Kansas City and Bally's Shreveport to Gaming and Leisure Properties
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