Gaming and Leisure Properties Inc (NASDAQ: GLPI) is 2.45% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GLPI stock was last observed hovering at around $49.08 in the last trading session, with the day’s gains setting it 0.26%.
Currently trading at $49.34, the stock is 2.75% and 1.14% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing 0.53% at the moment leaves the stock 2.28% off its SMA200. GLPI registered 10.43% gain for a year compared to 6-month loss of 0.16%. The firm has a 50-day simple moving average (SMA 50) of $48.8086 and a 200-day simple moving average (SMA200) of $48.20705.
The stock witnessed a 3.59% gain in the last 1 month and extending the period to 3 months gives it a -2.47%, and is 1.88% up 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 1.55% over the week and 1.85% over the month.
Gaming and Leisure Properties Inc (GLPI) has around 18 employees, a market worth around $13.54B and $1.51B in sales. Current P/E ratio is 17.24 and Fwd P/E is 16.45. Profit margin for the company is 51.51%. Distance from 52-week low is 18.04% and -6.19% 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
764.0 institutions hold shares in Gaming and Leisure Properties Inc (GLPI), with institutional investors hold 99.20% of the company’s shares. The shares outstanding are 274.39M, and float is at 262.28M with Short Float at 1.66%. Institutions hold 94.93% 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 Demchyk Matthew, the company’s SVP, Chief Investment Officer. SEC filings show that Demchyk Matthew sold 17,617 shares of the company’s common stock on Jan 27 ’25 at a price of $49.40 per share for a total of $0.87 million. Following the sale, the insider now owns 54140.0 shares.
Still, SEC filings show that on Jan 21 ’25, Demchyk Matthew (SVP, Chief Investment Officer) disposed off 10,474 shares at an average price of $48.62 for $0.51 million. The insider now directly holds 71,757 shares of Gaming and Leisure Properties Inc (GLPI).
