Analysts Set Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) Target Price at $52.32

Shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) have received a consensus recommendation of “Moderate Buy” from the twelve ratings firms that are covering the stock, MarketBeat reports. Six research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $52.3182.

Several research firms have weighed in on GLPI. JPMorgan Chase & Co. upgraded Gaming and Leisure Properties from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $52.00 to $53.00 in a research report on Friday, December 12th. Barclays reduced their target price on shares of Gaming and Leisure Properties from $53.00 to $52.00 and set an “overweight” rating for the company in a research report on Friday, March 13th. Mizuho upped their price target on shares of Gaming and Leisure Properties from $50.00 to $53.00 and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Royal Bank Of Canada raised their price target on shares of Gaming and Leisure Properties from $53.00 to $54.00 and gave the stock an “outperform” rating in a research report on Monday, February 23rd. Finally, Morgan Stanley lifted their price objective on shares of Gaming and Leisure Properties from $52.00 to $53.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 24th.

Gaming and Leisure Properties Trading Down 0.1%

Shares of NASDAQ:GLPI opened at $44.31 on Friday. Gaming and Leisure Properties has a 12-month low of $41.17 and a 12-month high of $50.96. The business has a 50 day moving average of $46.64 and a 200-day moving average of $45.43. The company has a quick ratio of 3.84, a current ratio of 3.84 and a debt-to-equity ratio of 1.45. The stock has a market cap of $12.55 billion, a PE ratio of 15.23, a P/E/G ratio of 1.98 and a beta of 0.68.

Gaming and Leisure Properties (NASDAQ:GLPI) last announced its earnings results on Thursday, February 19th. The real estate investment trust reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. The company had revenue of $407.03 million for the quarter, compared to analyst estimates of $406.02 million. Gaming and Leisure Properties had a return on equity of 17.10% and a net margin of 52.24%.The firm’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.95 earnings per share. Gaming and Leisure Properties has set its FY 2026 guidance at 4.060-4.110 EPS. As a group, equities research analysts forecast that Gaming and Leisure Properties will post 3.81 earnings per share for the current year.

Gaming and Leisure Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 13th were paid a $0.78 dividend. This represents a $3.12 annualized dividend and a dividend yield of 7.0%. The ex-dividend date was Friday, March 13th. Gaming and Leisure Properties’s payout ratio is 107.22%.

Insider Buying and Selling

In other news, Director E Scott Urdang sold 4,000 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $47.37, for a total transaction of $189,480.00. Following the completion of the sale, the director directly owned 130,429 shares in the company, valued at approximately $6,178,421.73. This represents a 2.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Desiree A. Burke sold 9,804 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $49.02, for a total value of $480,592.08. Following the sale, the chief financial officer directly owned 128,352 shares in the company, valued at approximately $6,291,815.04. This trade represents a 7.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 51,042 shares of company stock worth $2,397,984 in the last quarter. Insiders own 4.26% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Spire Wealth Management grew its stake in Gaming and Leisure Properties by 62.3% during the third quarter. Spire Wealth Management now owns 620 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 238 shares in the last quarter. V Square Quantitative Management LLC acquired a new position in shares of Gaming and Leisure Properties in the 4th quarter valued at approximately $29,000. SHP Wealth Management bought a new stake in shares of Gaming and Leisure Properties during the 4th quarter worth approximately $30,000. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Gaming and Leisure Properties by 89.3% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 655 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 309 shares during the period. Finally, Quent Capital LLC acquired a new stake in shares of Gaming and Leisure Properties during the 3rd quarter worth approximately $31,000. Institutional investors and hedge funds own 91.14% of the company’s stock.

About Gaming and Leisure Properties

Gaming and Leisure Properties, Inc (NASDAQ: GLPI) is a real estate investment trust (REIT) specializing in the ownership and management of gaming and entertainment properties. Established in 2013 as a spin-off from Penn National Gaming, the company was designed to acquire and hold real estate assets associated with casinos, racetracks and other gaming facilities, while leasing those assets back to operating partners under long-term, triple-net lease agreements.

The company’s core activities involve identifying attractive gaming real estate, structuring lease agreements that align tenant incentives with property performance, and actively managing its portfolio to enhance asset value.