Desiree Burke Sells 9,804 Shares of Gaming and Leisure Properties (NASDAQ:GLPI) Stock

Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) CFO Desiree Burke sold 9,804 shares of the company’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $49.02, for a total value of $480,592.08. Following the sale, the chief financial officer owned 128,352 shares of the company’s stock, valued at approximately $6,291,815.04. This trade represents a 7.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Gaming and Leisure Properties Stock Up 0.6%

Shares of GLPI stock opened at $48.91 on Friday. The stock’s 50 day simple moving average is $45.69 and its 200 day simple moving average is $45.51. Gaming and Leisure Properties, Inc. has a twelve month low of $41.17 and a twelve month high of $52.24. The company has a debt-to-equity ratio of 1.45, a quick ratio of 3.84 and a current ratio of 3.84. The company has a market capitalization of $13.85 billion, a price-to-earnings ratio of 16.81, a PEG ratio of 2.70 and a beta of 0.67.

Gaming and Leisure Properties (NASDAQ:GLPI) last announced its quarterly earnings results on Thursday, February 19th. The real estate investment trust reported $0.99 EPS for the quarter, beating the consensus estimate of $0.98 by $0.01. Gaming and Leisure Properties had a return on equity of 17.10% and a net margin of 52.24%.The company had revenue of $407.03 million for the quarter, compared to the consensus estimate of $406.02 million. During the same quarter last year, the company posted $0.95 earnings per share. The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. Gaming and Leisure Properties has set its FY 2026 guidance at 4.060-4.110 EPS. As a group, research analysts predict that Gaming and Leisure Properties, Inc. will post 3.81 EPS for the current year.

Gaming and Leisure Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be issued a $0.78 dividend. This represents a $3.12 annualized dividend and a yield of 6.4%. The ex-dividend date is Friday, March 13th. Gaming and Leisure Properties’s dividend payout ratio (DPR) is 107.22%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. raised Gaming and Leisure Properties from a “neutral” rating to an “overweight” rating and raised their price target for the company from $52.00 to $53.00 in a research report on Friday, December 12th. Royal Bank Of Canada increased their target price on Gaming and Leisure Properties from $53.00 to $54.00 and gave the company an “outperform” rating in a research note on Monday, February 23rd. Mizuho set a $50.00 target price on Gaming and Leisure Properties and gave the company an “outperform” rating in a report on Wednesday, December 17th. Scotiabank dropped their price target on Gaming and Leisure Properties from $50.00 to $48.00 and set a “sector perform” rating on the stock in a research report on Monday, February 2nd. Finally, Barclays increased their price objective on Gaming and Leisure Properties from $52.00 to $53.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $51.95.

Institutional Investors Weigh In On Gaming and Leisure Properties

A number of institutional investors have recently bought and sold shares of the business. DGS Capital Management LLC bought a new stake in Gaming and Leisure Properties in the 4th quarter valued at $210,000. Monetary Solutions Ltd acquired a new stake in shares of Gaming and Leisure Properties during the 4th quarter valued at about $53,000. Kera Capital Partners Inc. bought a new stake in Gaming and Leisure Properties in the fourth quarter valued at about $604,000. Sunbelt Securities Inc. raised its position in Gaming and Leisure Properties by 2.2% in the fourth quarter. Sunbelt Securities Inc. now owns 54,366 shares of the real estate investment trust’s stock worth $2,430,000 after purchasing an additional 1,171 shares in the last quarter. Finally, Corient Private Wealth LLC raised its position in Gaming and Leisure Properties by 538.0% in the fourth quarter. Corient Private Wealth LLC now owns 120,920 shares of the real estate investment trust’s stock worth $5,404,000 after purchasing an additional 101,966 shares in the last quarter. Institutional investors and hedge funds own 91.14% of the company’s stock.

Gaming and Leisure Properties Company Profile

Gaming and Leisure Properties, Inc (NASDAQ: GLPI) is a real estate investment trust (REIT) specializing in the ownership and management of gaming and entertainment properties. Established in 2013 as a spin-off from Penn National Gaming, the company was designed to acquire and hold real estate assets associated with casinos, racetracks and other gaming facilities, while leasing those assets back to operating partners under long-term, triple-net lease agreements.

The company’s core activities involve identifying attractive gaming real estate, structuring lease agreements that align tenant incentives with property performance, and actively managing its portfolio to enhance asset value.