The Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) is going up by 0.72% in today’s trading session, a rise equivalent to 0.27% of the stock’s price from yesterday’s market close. A news came out on 08/21/19 stating that Gaming and Leisure Properties, Inc. Declares Third Quarter 2019 Cash Dividend of $0.68 per Share by WSJ. The lowest point that the shares touched during the trading session was $37.49, while the peak of the day was recorded at a share price of $37.855. GLPI finished the previous session at $37.70 according to the data provided by Barchart, while the trading volume was observed to be $787,840.
In the 100 days of trading, GLPI managed to top a 39.09% Moving average. Additionally, Gaming and Leisure Properties, Inc. shares have achieved a 52-week range between 31.19 and 40.82 alongside 100 days raw stochastic set at 32.31%.
The number of shares outstanding, according to the fundamentals of the company, is set at 212.39M, equal to the value of $8.01B in market capitalization. Financial analysts indicate that GLPI shares should be still ranked as a “Outperform”. In the last 30 days, Gaming and Leisure Properties, Inc. shares went down by -1.07%, adding 38.36 to growth in value, on top of a +3.75% boost since 07/22/19.
Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) Analyst’s Estimates
Gaming and Leisure Properties, Inc. (GLPI) could record at least $0.50 per share in quarterly earnings in the upcoming report on 10/28/2019, a number that would actually represent an increase of 6.58% YOY.
According to the average analyst rating, Gaming and Leisure Properties, Inc. would be rated as 2.14. Out of 14 different analysts monitoring GLPI stock, 3 analysts rate the stock as a BUY, 3 suggest to give the rating of HOLD, 7 indicate that GLPI is an OUTPERFORM, 0 rated the stock as a SELL, and 1 analyst believes that the stock should be rated as UNDERPERFORM.
On Apr-15-19, the stock earned a Upgrade rating due to a new analyst call from Stifel, while analysts from Credit Suisse believe that the stock is set at Outperform, as concluded on Mar-20-19. SunTrust, is still rather wary about the stock, deciding to keep the rating at Buy as confirmed through a call on Oct-02-18.
Jefferies, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Jan-19-18, giving the stock a Hold rating.
GLPI Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +67.55% has been attained, while the operating margin has been recorded at +38.42%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 4.29%. Beta value of the stock is recorded at 0.58. Additionally, Gaming and Leisure Properties, Inc. is recording price volatility of 1.30% for the period of the last seven days and 1.70% in the last 30 days.
Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) Technical Outlook
For the period of the last 50 days, Gaming and Leisure Properties, Inc. had its Raw Stochastic average set at 32.31% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 76.97%. Stochastic %K for Gaming and Leisure Properties, Inc., with the last 20 days included, was set at 63.67%, having Stochastic %D topping 59.55%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Gaming and Leisure Properties, Inc. stocks with recording 6.56% in metrics.
Gaming and Leisure Properties, Inc. Insider Watch:
As far as the position of shares issued by Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) for the period concluded at the market close of 08/21/19, 173 institutional investors increased their positions in GLPI shares by 17,075,417, 152 decreased positions by 15,704,013 and 53 institutional investors decided to hold positions at 165,092,192. These numbers put the complete list of institutional holdings set at 197,871,622 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 44 institutional investments with 2,044,987 new shares in addition to having 41 institutional investors selling their positions in 1,761,891 shares.