Insider Selling: Gaming and Leisure Properties (NASDAQ:GLPI) CFO Sells 9,804 Shares of Stock

Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) CFO Desiree Burke sold 9,804 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $49.02, for a total value of $480,592.08. Following the transaction, the chief financial officer owned 128,352 shares in the company, valued at approximately $6,291,815.04. This trade represents a 7.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Gaming and Leisure Properties Stock Performance

NASDAQ GLPI traded up $0.30 during trading on Friday, reaching $48.91. The company’s stock had a trading volume of 4,692,983 shares, compared to its average volume of 2,517,351. The firm has a 50 day moving average price of $45.60 and a 200 day moving average price of $45.49. Gaming and Leisure Properties, Inc. has a 12 month low of $41.17 and a 12 month high of $52.24. The firm has a market capitalization of $13.85 billion, a price-to-earnings ratio of 16.81, a price-to-earnings-growth ratio of 2.65 and a beta of 0.67. The company has a current ratio of 3.84, a quick ratio of 3.84 and a debt-to-equity ratio of 1.45.

Gaming and Leisure Properties (NASDAQ:GLPI) last released its earnings results on Thursday, February 19th. The real estate investment trust reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.01. Gaming and Leisure Properties had a return on equity of 17.10% and a net margin of 52.24%.The company had revenue of $407.03 million for the quarter, compared to analyst estimates of $406.02 million. During the same period in the prior year, the firm posted $0.95 EPS. Gaming and Leisure Properties’s quarterly revenue was up 4.5% on a year-over-year basis. Gaming and Leisure Properties has set its FY 2026 guidance at 4.060-4.110 EPS. As a group, equities analysts anticipate that Gaming and Leisure Properties, Inc. will post 3.81 EPS for the current fiscal year.

Gaming and Leisure Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 13th will be given a $0.78 dividend. The ex-dividend date is Friday, March 13th. This represents a $3.12 dividend on an annualized basis and a yield of 6.4%. Gaming and Leisure Properties’s dividend payout ratio (DPR) is currently 107.22%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on GLPI. Stifel Nicolaus set a $48.50 price objective on Gaming and Leisure Properties in a research note on Thursday, February 12th. Barclays upped their price target on shares of Gaming and Leisure Properties from $52.00 to $53.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. Morgan Stanley lifted their price target on shares of Gaming and Leisure Properties from $52.00 to $53.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 24th. Scotiabank decreased their price objective on Gaming and Leisure Properties from $50.00 to $48.00 and set a “sector perform” rating for the company in a report on Monday, February 2nd. Finally, UBS Group reaffirmed a “buy” rating on shares of Gaming and Leisure Properties in a report on Thursday, January 8th. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $51.95.

Institutional Investors Weigh In On Gaming and Leisure Properties

Several large investors have recently added to or reduced their stakes in the business. DGS Capital Management LLC acquired a new position in Gaming and Leisure Properties in the fourth quarter valued at approximately $210,000. Monetary Solutions Ltd acquired a new stake in shares of Gaming and Leisure Properties during the 4th quarter worth approximately $53,000. Kera Capital Partners Inc. bought a new stake in shares of Gaming and Leisure Properties in the 4th quarter valued at $604,000. Sunbelt Securities Inc. lifted its position in shares of Gaming and Leisure Properties by 2.2% during the 4th quarter. Sunbelt Securities Inc. now owns 54,366 shares of the real estate investment trust’s stock valued at $2,430,000 after acquiring an additional 1,171 shares during the period. Finally, Corient Private Wealth LLC lifted its position in shares of Gaming and Leisure Properties by 538.0% during the 4th quarter. Corient Private Wealth LLC now owns 120,920 shares of the real estate investment trust’s stock valued at $5,404,000 after acquiring an additional 101,966 shares during the period. Institutional investors and hedge funds own 91.14% of the company’s stock.

Gaming and Leisure Properties Company Profile

Gaming and Leisure Properties, Inc (NASDAQ: GLPI) is a real estate investment trust (REIT) specializing in the ownership and management of gaming and entertainment properties. Established in 2013 as a spin-off from Penn National Gaming, the company was designed to acquire and hold real estate assets associated with casinos, racetracks and other gaming facilities, while leasing those assets back to operating partners under long-term, triple-net lease agreements.

The company’s core activities involve identifying attractive gaming real estate, structuring lease agreements that align tenant incentives with property performance, and actively managing its portfolio to enhance asset value.