Closing Strong: Gaming and Leisure Properties Inc (GLPI) Ends at 49.26, Down -0.65 from Last Close

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After finishing at $49.58 in the prior trading day, Gaming and Leisure Properties Inc (NASDAQ: GLPI) closed at $49.26, down -0.65%. In other words, the price has decreased by -$0.65 from its previous closing price. On the day, 2.38 million shares were traded. GLPI stock price reached its highest trading level at $49.81 during the session, while it also had its lowest trading level at $49.22.

Ratios:

Our goal is to gain a better understanding of GLPI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 30.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.54. In the meantime, Its Debt-to-Equity ratio is 1.67 whereas as Long-Term Debt/Eq ratio is at 1.57.

On December 11, 2023, Mizuho Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $50 to $47.

On December 08, 2023, Goldman started tracking the stock assigning a Neutral rating and target price of $51.Goldman initiated its Neutral rating on December 08, 2023, with a $51 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 12 ’24 when Urdang E Scott sold 5,605 shares for $48.89 per share. The transaction valued at 274,028 led to the insider holds 0 shares of the business.

Burke Desiree A. sold 9,578 shares of GLPI for $480,145 on Jul 30 ’24. The CFO and Treasurer now owns 121,046 shares after completing the transaction at $50.13 per share. On Jul 29 ’24, another insider, Burke Desiree A., who serves as the CFO and Treasurer of the company, sold 3,394 shares for $50.00 each. As a result, the insider received 169,700 and left with 130,624 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GLPI now has a Market Capitalization of 13516500992 and an Enterprise Value of 20769769472. As of this moment, Gaming’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.06, and their Forward P/E ratio for the next fiscal year is 16.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.10 while its Price-to-Book (P/B) ratio in mrq is 3.23. Its current Enterprise Value per Revenue stands at 13.985 whereas that against EBITDA is 14.962.

Stock Price History:

Over the past 52 weeks, GLPI has reached a high of $50.74, while it has fallen to a 52-week low of $41.80. The 50-Day Moving Average of the stock is 5.65%, while the 200-Day Moving Average is calculated to be 7.42%.

Shares Statistics:

The stock has traded on average 1.27M shares per day over the past 3-months and 1458270 shares per day over the last 10 days, according to various share statistics. A total of 270.92M shares are outstanding, with a floating share count of 262.65M. Insiders hold about 4.28% of the company’s shares, while institutions hold 89.83% stake in the company. Shares short for GLPI as of 1722384000 were 5122971 with a Short Ratio of 4.05, compared to 1719532800 on 4685190. Therefore, it implies a Short% of Shares Outstanding of 5122971 and a Short% of Float of 2.6400002.

Dividends & Splits

In the trailing 12 months, GLPI’s forward annual dividend rate was 2.98, compared to 2.98 this year. Against a Trailing Annual Dividend Yield of 0.06010488The stock’s 5-year Average Dividend Yield is 6.18.

Earnings Estimates

The stock of Gaming and Leisure Properties Inc (GLPI) is currently drawing attention from 5.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.76, with high estimates of $0.79 and low estimates of $0.74.

Analysts are recommending an EPS of between $2.97 and $2.89 for the fiscal current year, implying an average EPS of $2.92. EPS for the following year is $3.08, with 5.0 analysts recommending between $3.24 and $2.99.

Revenue Estimates

12 analysts predict $384.38M in revenue for the current quarter. It ranges from a high estimate of $393.7M to a low estimate of $379.5M. As of the current estimate, Gaming and Leisure Properties Inc’s year-ago sales were $356.7MFor the next quarter, 12 analysts are estimating revenue of $390.76M. There is a high estimate of $399.35M for the next quarter, whereas the lowest estimate is $381.1M.

A total of 14 analysts have provided revenue estimates for GLPI’s current fiscal year. The highest revenue estimate was $1.55B, while the lowest revenue estimate was $1.5B, resulting in an average revenue estimate of $1.53B. In the same quarter a year ago, actual revenue was $1.44BBased on 14 analysts’ estimates, the company’s revenue will be $1.61B in the next fiscal year. The high estimate is $1.66B and the low estimate is $1.54B.

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