Gaming and Leisure Properties Inc (NASDAQ: GLPI) is -0.63% lower on its value in year-to-date trading and has touched a low of $41.80 and a high of $52.60 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GLPI stock was last observed hovering at around $50.78 in the last trading session, with the day’s loss setting it -1.74%.
Currently trading at $49.04, the stock is -3.15% and -3.96% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.15 million and changing -3.43% at the moment leaves the stock 4.15% off its SMA200. GLPI registered 6.98% gain for a year compared to 6-month gain of 11.40%. The firm has a 50-day simple moving average (SMA 50) of $51.1032 and a 200-day simple moving average (SMA200) of $47.0734.
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The stock witnessed a -3.86% loss in the last 1 month and extending the period to 3 months gives it a -0.59%, and is -3.43% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.82% over the week and 1.70% over the month.
Gaming and Leisure Properties Inc (GLPI) has around 18 employees, a market worth around $13.46B and $1.51B in sales. Current P/E ratio is 17.13 and Fwd P/E is 16.45. Profit margin for the company is 51.51%. Distance from 52-week low is 17.32% and -6.76% from its 52-week high. The company has generated returns on investments over the last 12 months (6.53%).
Gaming and Leisure Properties Inc quarterly earnings per share for the current quarter are estimated at 0.72 with sales reaching $391.26M over the same period.The EPS is expected to grow by 1.17% this year, but quarterly earnings will post 6.50% year-over-year. Quarterly sales are estimated to grow 6.00% in year-over-year returns.
747.0 institutions hold shares in Gaming and Leisure Properties Inc (GLPI), with institutional investors hold 94.24% of the company’s shares. The shares outstanding are 270.92M, and float is at 262.34M with Short Float at 1.80%. Institutions hold 90.23% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 37.79 million shares valued at $1.71 billion. The investor’s holdings represent 13.9183 of the GLPI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 32.74 million shares valued at $1.48 billion to account for 12.0594 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 13.16 million shares representing 4.8479 and valued at over $595.04 million, while STATE STREET CORP holds 4.41 of the shares totaling 11.97 million with a market value of $541.29 million.
Gaming and Leisure Properties Inc (GLPI) Insider Activity
The most recent transaction is an insider sale by Urdang E Scott, the company’s Director. SEC filings show that Urdang E Scott sold 3,000 shares of the company’s common stock on Nov 04 ’24 at a price of $50.39 per share for a total of $0.15 million. Following the sale, the insider now owns 0.15 million shares.
Gaming and Leisure Properties Inc disclosed in a document filed with the SEC on Oct 29 ’24 that Urdang E Scott (Director) sold a total of 6,885 shares of the company’s common stock. The trade occurred on Oct 29 ’24 and was made at $50.16 per share for $0.35 million. Following the transaction, the insider now directly holds 0.15 million shares of the GLPI stock.
Still, SEC filings show that on Aug 30 ’24, Burke Desiree A. (CFO and Treasurer) disposed off 12,973 shares at an average price of $52.02 for $0.67 million. The insider now directly holds 108,073 shares of Gaming and Leisure Properties Inc (GLPI).
