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

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

Gaming and Leisure Properties Trading Up 0.8 %

GLPI traded up $0.40 during midday trading on Thursday, reaching $49.39. 1,138,346 shares of the company’s stock traded hands, compared to its average volume of 984,054. The firm has a fifty day moving average of $48.16 and a two-hundred day moving average of $49.76. The stock has a market capitalization of $13.55 billion, a price-to-earnings ratio of 17.27, a P/E/G ratio of 2.00 and a beta of 0.99. The company has a debt-to-equity ratio of 1.62, a current ratio of 11.35 and a quick ratio of 11.35. Gaming and Leisure Properties has a 52 week low of $41.80 and a 52 week high of $52.60.

Gaming and Leisure Properties (NASDAQ:GLPI) last released its quarterly earnings results on Thursday, February 20th. The real estate investment trust reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.01. Gaming and Leisure Properties had a return on equity of 17.31% and a net margin of 51.93%. On average, equities analysts anticipate that Gaming and Leisure Properties will post 3.67 earnings per share for the current fiscal year.

Gaming and Leisure Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 6th were paid a dividend of $0.76 per share. The ex-dividend date was Friday, December 6th. This represents a $3.04 annualized dividend and a yield of 6.16%. Gaming and Leisure Properties’s dividend payout ratio is 106.29%.

Analyst Upgrades and Downgrades

A number of research firms have commented on GLPI. StockNews.com cut Gaming and Leisure Properties from a “buy” rating to a “hold” rating in a report on Monday, October 28th. Morgan Stanley cut Gaming and Leisure Properties from an “overweight” rating to an “equal weight” rating and set a $53.00 price target on the stock. in a report on Wednesday, January 15th. Deutsche Bank Aktiengesellschaft raised Gaming and Leisure Properties from a “hold” rating to a “buy” rating and raised their price target for the company from $49.00 to $54.00 in a report on Wednesday, November 20th. Mizuho decreased their price target on Gaming and Leisure Properties from $52.00 to $51.00 and set a “neutral” rating on the stock in a report on Thursday, November 14th. Finally, Scotiabank decreased their price target on Gaming and Leisure Properties from $50.00 to $49.00 and set a “sector perform” rating on the stock in a report on Thursday, January 16th. Six analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $53.93.

Insider Buying and Selling

In related news, SVP Matthew Demchyk sold 17,617 shares of Gaming and Leisure Properties stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $49.40, for a total value of $870,279.80. Following the completion of the transaction, the senior vice president now owns 54,140 shares in the company, valued at approximately $2,674,516. This trade represents a 24.55 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Brandon John Moore sold 3,982 shares of Gaming and Leisure Properties stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $47.84, for a total value of $190,498.88. Following the completion of the transaction, 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 quarter, insiders 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.