Gaming and Leisure Properties, Inc. (GLPI)

NASDAQ: GLPI · IEX Real-Time Price · USD
49.35
-0.32 (-0.64%)
Dec 29, 2023, 4:00 PM EST - Market closed
-0.64%
Market Cap 13.18B
Revenue (ttm) 1.41B
Net Income (ttm) 717.11M
Shares Out 267.02M
EPS (ttm) 2.74
PE Ratio 18.01
Forward PE 17.31
Dividend $2.92 (5.92%)
Ex-Dividend Date Dec 7, 2023
Volume 1,040,286
Open 49.43
Previous Close 49.67
Day's Range 49.28 - 49.61
52-Week Range 43.54 - 55.13
Beta 0.96
Analysts Buy
Price Target 54.00 (+9.42%)
Earnings Date Feb 22, 2024

About GLPI

GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties. [Read more]

Sector Real Estate
CEO Peter M. Carlino
Employees 17
Stock Exchange NASDAQ
Ticker Symbol GLPI
Full Company Profile

Financial Performance

In 2022, GLPI's revenue was $1.31 billion, an increase of 7.84% compared to the previous year's $1.22 billion. Earnings were $684.65 million, an increase of 28.20%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for GLPI stock is "Buy." The 12-month stock price forecast is $54.0, which is an increase of 9.42% from the latest price.

Price Target
$54.0
(9.42% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Gaming and Leisure Properties, Inc. Declares Fourth Quarter 2023 Cash Dividend of $0.73 Per Share

WYOMISSING, Pa., Nov. 22, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”), announced today that the Company's Board of Directors has declared the fourth qua...

5 weeks ago - GlobeNewsWire

Gaming and Leisure Properties Applauds Major League Baseball's Landmark Decision to Bring the MLB Athletics to Las Vegas

WYOMISSING, Pa., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (“GLPI”) (NASDAQ: GLPI) today issued the following statement following the announcement by Major League Baseball ...

6 weeks ago - GlobeNewsWire

Gaming and Leisure Properties Announces Pricing of $400,000,000 of 6.750% Senior Notes Due 2033

WYOMISSING, Pa., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (“GLPI”) (NASDAQ: GLPI) today announced the pricing of a public offering of $400.0 million aggregate principal am...

6 weeks ago - GlobeNewsWire

Gaming And Leisure Properties Reports Record Third Quarter 2023 Results And Updates 2023 Full Year Guidance

WYOMISSING, Pa., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”) today announced financial results for the quarter ended September 30, 20...

2 months ago - GlobeNewsWire

Gaming and Leisure Properties, Inc. Schedules Third Quarter 2023 Earnings Release and Conference Call

WYOMISSING, Pa., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2023 third quarter financial results after the m...

2 months ago - GlobeNewsWire

Gaming and Leisure Properties, Inc. Mourns the Loss of Board Member JoAnne A. Epps

WYOMISSING, Pa., Sept. 20, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) - mourns the loss of board member, JoAnne A. Epps, who passed away suddenly on Tuesday, September...

3 months ago - GlobeNewsWire

Daily Dividend Report: Alamos Gold, Gaming And Leisure Properties, Deere, Quanta Services, ChampionX

Daily Dividend Report: AGI,GLPI,DE,PWR,CHX

Other symbols: AGIDEPWR
4 months ago - Forbes

Gaming and Leisure Properties, Inc. Declares an Increased Third Quarter 2023 Cash Dividend of $0.73 Per Share

WYOMISSING, Pa., Aug. 31, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”), announced today that, at its meeting yesterday, the Company's Board of Directors ...

4 months ago - GlobeNewsWire

Gaming and Leisure Properties Acquires Land Under the Hard Rock Casino in Rockford, IL for $100 Million, Enters into 99-Year Ground Lease with Tenant

WYOMISSING, Pa., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI”) announced today that it has acquired the land associated with the Hard Rock Casino develo...

4 months ago - GlobeNewsWire

Gaming and Leisure Properties Reports Record Second Quarter 2023 Results and Updates 2023 Full Year Guidance

WYOMISSING, Pa., July 27, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”) today announced financial results for the quarter ended June 30, 2023.

5 months ago - GlobeNewsWire

Do you need investment income? Here are 20 REIT stocks with dividends expected to be well supported through 2025.

Investors have good reason to be concerned about the real-estate market. It has been obvious for decades that the U.S. has too many retail properties, and now, changing work habits promise to put down...

7 months ago - Market Watch

Gaming and Leisure Properties, Inc. Declares Second Quarter 2023 Cash Dividend of $0.72 Per Share

WYOMISSING, Pa., June 01, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”) announced today that the Company's Board of Directors has declared the second quar...

7 months ago - GlobeNewsWire

Gaming and Leisure Properties Reports Record First Quarter 2023 Results and Updates 2023 Full Year Guidance

WYOMISSING, Pa., April 27, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”) today announced financial results for the quarter ended March 31, 2023.

8 months ago - GlobeNewsWire

Gaming and Leisure Properties, Inc. Schedules First Quarter 2023 Earnings Release and Conference Call

WYOMISSING, Pa., April 11, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2023 first quarter financial results after the ...

9 months ago - GlobeNewsWire

Amid warnings for the sector, these 11 commercial REIT stocks are loved by analysts, who see upside of up to 47%

As if concerns over banks' liquidity weren't enough to rattle investors, analysts have been raising concerns about the U.S. commercial real-estate market, especially for office buildings. Below is a s...

9 months ago - Market Watch

Look To REITs For Reliable Yield Even In Recessionary Environment

Investors who want exposure to real estate, but who don't want to deal with clogged toilets, leaky roofs, and late rental payments often turn to real estate investment trusts, or REITs, which are reli...

Other symbols: EPRTGTYPLDVICI
10 months ago - MarketBeat

Gaming and Leisure Properties, Inc. Reports Record Fourth Quarter Results, Establishes 2023 Guidance and Announces 2023 First Quarter Dividend of $0.72 per Share and Special Dividend of $0.25 per Share

WYOMISSING, Pa., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”) today announced record results for the fourth quarter and year-ended Dec...

11 months ago - GlobeNewsWire

Gaming and Leisure Properties, Inc. Schedules Fourth Quarter 2022 Earnings Release and Conference Call

WYOMISSING, Pa., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2022 fourth quarter financial results after the ...

11 months ago - GlobeNewsWire

Gaming and Leisure Properties Inc. Announces 2022 Distribution Tax Treatment

WYOMISSING, Pa., Jan. 20, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”) announced the income tax allocation for federal income tax purposes of its aggrega...

1 year ago - GlobeNewsWire

Gaming and Leisure Properties, Inc. Completes Previously Announced Sale Leaseback Transaction with Bally's for Tiverton, RI and Biloxi, MS Properties

WYOMISSING, Pa., Jan. 04, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”), announced today that on January 3, 2023, it completed the previously an...

1 year ago - GlobeNewsWire

Gaming and Leisure Properties, Inc. Declares Fourth Quarter 2022 Cash Dividend of $0.705 Per Share

WYOMISSING, Pa., Nov. 23, 2022 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”), announced today that the Company's Board of Directors has declared the fourth qua...

1 year ago - GlobeNewsWire

Gaming and Leisure Properties, Inc. Reports Third Quarter 2022 Results and Updates 2022 Full Year Guidance

WYOMISSING, Pa., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”) today announced financial results for the quarter ended September 30, 20...

1 year ago - GlobeNewsWire

Gaming & Leisure Properties and PENN Entertainment Agree to New Master Lease Terms and Development Funding

New Master Lease to Support Growth Opportunities for PENN Driven by Property Relocations and Additional Development

1 year ago - GlobeNewsWire

Gaming and Leisure Properties, Inc. Schedules Third Quarter 2022 Earnings Release and Conference Call

WYOMISSING, Pa., Oct. 07, 2022 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2022 third quarter financial results after the m...

1 year ago - GlobeNewsWire