Gaming and Leisure Properties (NASDAQ:GLPI) Issues FY 2025 Earnings Guidance

Gaming and Leisure Properties (NASDAQ:GLPI) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 3.830-3.880 for the period, compared to the consensus EPS estimate of 3.950. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of equities analysts have commented on GLPI shares. Mizuho reduced their target price on Gaming and Leisure Properties from $52.00 to $51.00 and set a “neutral” rating for the company in a report on Thursday, November 14th. StockNews.com lowered Gaming and Leisure Properties from a “buy” rating to a “hold” rating in a research report on Monday, October 28th. Barclays assumed coverage on Gaming and Leisure Properties in a research report on Tuesday, December 17th. They set an “equal weight” rating and a $54.53 price target for the company. Stifel Nicolaus raised their price target on Gaming and Leisure Properties from $53.25 to $57.50 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Finally, JMP Securities reiterated a “market outperform” rating and issued a $55.00 price objective on shares of Gaming and Leisure Properties in a research note on Wednesday, December 18th. Six research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $53.93.

Gaming and Leisure Properties Price Performance

NASDAQ GLPI opened at $49.11 on Friday. The company’s 50 day simple moving average is $48.14 and its 200 day simple moving average is $49.76. Gaming and Leisure Properties has a 12 month low of $41.80 and a 12 month high of $52.60. The company has a debt-to-equity ratio of 1.62, a current ratio of 11.35 and a quick ratio of 11.35. The firm has a market capitalization of $13.47 billion, a PE ratio of 17.17, a P/E/G ratio of 1.99 and a beta of 0.99.

Gaming and Leisure Properties (NASDAQ:GLPI) last issued its earnings results on Thursday, February 20th. The real estate investment trust reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.01. Gaming and Leisure Properties had a net margin of 51.93% and a return on equity of 17.31%. The company had revenue of $389.62 million during the quarter, compared to analyst estimates of $391.54 million. As a group, equities research analysts forecast that Gaming and Leisure Properties will post 3.67 EPS for the current fiscal year.

Gaming and Leisure Properties Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a $0.76 dividend. The ex-dividend date is Friday, March 14th. This represents a $3.04 dividend on an annualized basis and a yield of 6.19%. Gaming and Leisure Properties’s dividend payout ratio (DPR) is presently 106.29%.

Insider Transactions at Gaming and Leisure Properties

In related news, SVP Matthew Demchyk sold 1,149 shares of the stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $47.80, for a total transaction of $54,922.20. Following the completion of the transaction, the senior vice president now owns 91,620 shares in the company, valued at approximately $4,379,436. This represents a 1.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Brandon John Moore sold 3,982 shares of the stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $47.84, for a total transaction of $190,498.88. Following the completion of the sale, the chief operating officer now owns 278,634 shares of the company’s stock, valued at approximately $13,329,850.56. This represents a 1.41 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 33,222 shares of company stock worth $1,624,947. Corporate insiders own 4.37% of the company’s stock.

About Gaming and Leisure Properties

Gaming & Leisure Properties, Inc engages in acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company was founded on February 13, 2013 and is headquartered in Wyomissing, PA.