Gaming and Leisure Properties Inc (NASDAQ: GLPI) is -0.62% 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 $47.77 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $47.86, the stock is -1.68% and -3.65% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.29 million and changing 0.19% at the moment leaves the stock 0.02% off its SMA200. GLPI registered -2.51% loss for a year compared to 6-month gain of 7.29%. The firm has a 50-day simple moving average (SMA 50) of $49.6706 and a 200-day simple moving average (SMA200) of $47.8527.
The stock witnessed a -6.32% loss in the last 1 month and extending the period to 3 months gives it a -6.38%, and is -0.37% 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 1.34% over the week and 1.63% over the month.
Gaming and Leisure Properties Inc (GLPI) has around 18 employees, a market worth around $13.16B and $1.51B in sales. Current P/E ratio is 16.72 and Fwd P/E is 15.96. Profit margin for the company is 51.51%. Distance from 52-week low is 14.50% and -9.00% from its 52-week high. The company has generated returns on investments over the last 12 months (6.53%).
The EPS is expected to grow by 1.18% this year.
Gaming and Leisure Properties Inc (GLPI) Top Institutional Holders
764.0 institutions hold shares in Gaming and Leisure Properties Inc (GLPI), with institutional investors hold 98.69% of the company’s shares. The shares outstanding are 274.39M, and float is at 262.49M with Short Float at 1.90%. Institutions hold 94.48% 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
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Still, SEC filings show that on Jan 03 ’25, Ladany Steven (Officer) Proposed Sale 28,276 shares at an average price of $47.41 for $1.34 million. The insider now directly holds shares of Gaming and Leisure Properties Inc (GLPI).
