After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Most recently, Yahoo Finance reported about the stock as it publicized that Gaming and Leisure Properties, Inc. Declares Fourth Quarter 2023 Cash Dividend of $0.73 Per Share.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Stocks Info
GLPI belongs to the Real Estate sector of the NASDAQ while operating in the REIT – Specialty industry. The current market capitalization of Gaming and Leisure Properties Inc is $12.43B. A total of 1.29 million shares were traded on the day, compared to an average of 1.71M shares.
Insider Activity
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, GLPI has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 6 BUYs and 3 SELLs from insiders. Insiders purchased 31,729 shares during that period but sold 198,693.
In the most recent transaction, Moore Brandon John sold 26,623 shares of GLPI for 48.89 per share on Jan 04. After the transaction, the COO, Gen Counsel & Sec now owns 242,414 company shares. In a previous transaction on Jan 04, Demchyk Matthew sold 25,391 shares at 48.87 per share. GLPI shares that SVP, Chief Investment Officer owns now total 57,976.
Among the insiders who sold shares, Ladany Steven disposed of 14,260 shares on Jan 04 at a per-share price of $48.89. This resulted in the SVP Chief Development Officer holding 82,402 shares of GLPI after the transaction. In another insider transaction, Burke Desiree A. sold 11,372 shares at $48.87 per share on Jan 04. Company shares held by the CFO and Treasurer now total 136,338.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Gaming and Leisure Properties Inc pays an annual dividend of $3.03, resulting in a dividend yield of 6.52%, and it has a price to earnings (P/E) ratio of 17.04. GLPI’s most recent ex-dividend date was 12/7/2023 when it declared a $0.73 quarterly dividend that was paid in cash on 12/22/2023. Previously, the company paid the dividend on 9/29/2023 with an ex-dividend date of 9/14/2023. The GLPI stock dividend was $0.73 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for GLPI in the last 3 months, the mean price target is $53.46 with high estimates of $61.00 and low estimates of $48.00. In terms of 52-week highs and lows, GLPI has a high of $54.88 and a low of $43.54.
As of this writing, GLPI has an earnings estimate of $0.7 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $0.72 per share and a lower estimate of $0.67. The company reported an EPS of $0.59 in the last quarter, which was -15.70% lower than expectations of $0.7.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. GLPI’s latest balance sheet shows that the firm has $724.60M in Cash & Short Term Investments as of fiscal 2021. There were $6.79B in debt and $471.22M in liabilities at the time. Its Book Value Per Share was $14.83, while its Total Shareholder’s Equity was $3.39B.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GLPI is Buy with a score of 3.95.
