News coverage about Gaming and Leisure Properties (NASDAQ:GLPI) has trended positive this week, AlphaOne reports. The research firm, a division of Accern, rates the sentiment of news coverage by monitoring more than twenty million news and blog sources. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Gaming and Leisure Properties earned a media sentiment score of 0.42 on AlphaOne’s scale. AlphaOne also gave news stories about the real estate investment trust an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an effect on the company’s share price in the near future.
These are some of the media headlines that may have impacted AlphaOne Sentiment Analysis’s analysis:
- Gaming & Leisure Properties, Inc. : GLPI-US: Dividend Analysis : June 16th, 2017 (record date) : By the numbers : June 16, 2017 (finance.yahoo.com)
- Investors Purchase High Volume of Gaming and Leisure Properties Call Options (GLPI) (americanbankingnews.com)
- Gaming and Leisure Properties, Inc. (GLPI) Stock Rating Upgraded by Zacks Investment Research (americanbankingnews.com)
- Gaming and Leisure Properties, Inc. (GLPI) Lowered to “Hold” at Zacks Investment Research (americanbankingnews.com)
- ISS Recommends Shareholders Vote to Reform Director Elections at GLPI, Says UNITE HERE (businesswire.com)
Several equities analysts recently weighed in on the stock. BidaskClub lowered shares of Gaming and Leisure Properties from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 10th. Ladenburg Thalmann Financial Services assumed coverage on shares of Gaming and Leisure Properties in a research report on Friday, June 2nd. They set a “buy” rating and a $41.00 price objective on the stock. Zacks Investment Research raised shares of Gaming and Leisure Properties from a “hold” rating to a “buy” rating and set a $41.00 price objective on the stock in a research report on Thursday. TheStreet raised shares of Gaming and Leisure Properties from a “c+” rating to a “b” rating in a research report on Monday, May 22nd. Finally, Deutsche Bank AG raised their price objective on shares of Gaming and Leisure Properties from $36.00 to $37.00 and gave the company a “buy” rating in a research report on Friday, April 28th. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $38.00.
Gaming and Leisure Properties (GLPI) opened at 36.81 on Friday. Gaming and Leisure Properties has a 12 month low of $29.32 and a 12 month high of $37.25. The company has a market cap of $7.66 billion, a price-to-earnings ratio of 21.35 and a beta of 0.90. The company’s 50-day moving average is $36.08 and its 200 day moving average is $32.87.
Gaming and Leisure Properties (NASDAQ:GLPI) last released its quarterly earnings results on Thursday, April 27th. The real estate investment trust reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. Gaming and Leisure Properties had a return on equity of 16.42% and a net margin of 38.01%. The firm had revenue of $242.71 million during the quarter, compared to the consensus estimate of $240.88 million. During the same quarter in the prior year, the firm posted $0.27 EPS. The business’s revenue was up 63.1% on a year-over-year basis. Equities analysts forecast that Gaming and Leisure Properties will post $1.81 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Friday, June 16th will be given a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 6.74%. The ex-dividend date of this dividend is Wednesday, June 14th. Gaming and Leisure Properties’s dividend payout ratio (DPR) is currently 144.19%.
Gaming and Leisure Properties Company Profile
Gaming and Leisure Properties, Inc (GLPI) is a self-administered and self-managed Pennsylvania real estate investment trust (REIT). The Company is engaged in the business of acquiring, financing and owning real estate property to be leased to gaming operators in triple net lease arrangements. Its segments include GLP Capital, L.P.
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