Gaming and Leisure Properties Inc (NASDAQ: GLPI) closed the day trading at $43.21 down -0.18% from the previous closing price of $43.29. In other words, the price has decreased by -$0.08 from its previous closing price. On the day, 1294341 shares were traded.
Ratios:
For a better understanding of GLPI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.99. In the meantime, Its Debt-to-Equity ratio is 1.65 whereas as Long-Term Debt/Eq ratio is at 1.65.
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 Mar 01 ’24 when Urdang E Scott bought 2,500 shares for $45.00 per share. The transaction valued at 112,500 led to the insider holds 156,685 shares of the business.
Moore Brandon John sold 26,623 shares of GLPI for $1,301,598 on Jan 04 ’24. The COO, Gen Counsel & Sec now owns 242,414 shares after completing the transaction at $48.89 per share. On Jan 04 ’24, another insider, Demchyk Matthew, who serves as the SVP, Chief Investment Officer of the company, sold 25,391 shares for $48.87 each. As a result, the insider received 1,240,858 and left with 57,976 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 11.73B and an Enterprise Value of 17.93B. As of this moment, Gaming’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.61, and their Forward P/E ratio for the next fiscal year is 14.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.01 while its Price-to-Book (P/B) ratio in mrq is 2.82. Its current Enterprise Value per Revenue stands at 12.45 whereas that against EBITDA is 13.21.
Stock Price History:
Over the past 52 weeks, GLPI has reached a high of $52.45, while it has fallen to a 52-week low of $43.23. The 50-Day Moving Average of the stock is 45.38, while the 200-Day Moving Average is calculated to be 46.60.
Shares Statistics:
Over the past 3-months, GLPI traded about 1.47M shares per day on average, while over the past 10 days, GLPI traded about 1.03M shares per day. A total of 270.92M shares are outstanding, with a floating share count of 255.11M. Insiders hold about 4.46% of the company’s shares, while institutions hold 93.51% stake in the company. Shares short for GLPI as of Mar 15, 2024 were 3.97M with a Short Ratio of 3.44, compared to 3.38M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.46% and a Short% of Float of 1.78%.
Dividends & Splits
GLPI’s forward annual dividend rate is 2.94, up from 2.90 a year ago. Against a Trailing Annual Dividend Yield of 6.70%, it implies a Forward Annual Dividend Yield of 6.42%. The stock’s 5-year Average Dividend Yield is 6.21.
Earnings Estimates
Current recommendations for the stock of the company come from 8 analysts. On average, analysts expect EPS of $0.7 for the current quarter, with a high estimate of $0.74 and a low estimate of $0.67, while EPS last year was $0.7. The consensus estimate for the next quarter is $0.72, with high estimates of $0.76 and low estimates of $0.68.
Analysts are recommending an EPS of between $3.02 and $2.75 for the fiscal current year, implying an average EPS of $2.88. EPS for the following year is $2.97, with 8 analysts recommending between $3.1 and $2.81.
Revenue Estimates
14 analysts predict $365.97M in revenue for the current quarter. It ranges from a high estimate of $375M to a low estimate of $329.86M. As of the current estimate, Gaming and Leisure Properties Inc’s year-ago sales were $355.21M, an estimated increase of 3.00% from the year-ago figure. For the next quarter, 13 analysts are estimating revenue of $368.78M, an increase of 3.40% over than the figure of $3.00% in the same quarter last year. There is a high estimate of $378M for the next quarter, whereas the lowest estimate is $330.45M.
A total of 16 analysts have provided revenue estimates for GLPI’s current fiscal year. The highest revenue estimate was $1.51B, while the lowest revenue estimate was $1.46B, resulting in an average revenue estimate of $1.49B. In the same quarter a year ago, actual revenue was $1.44B, up 3.50% from the average estimate. Based on 15 analysts’ estimates, the company’s revenue will be $1.51B in the next fiscal year. The high estimate is $1.55B and the low estimate is $1.34B. The average revenue growth estimate for next year is up 1.00% from the average revenue estimate for this year.
