Gaming and Leisure Properties Inc (NASDAQ: GLPI) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that Gaming and Leisure Properties, Inc. Reports Record Fourth Quarter Results, Establishes 2024 Guidance and Announces 2024 First Quarter Dividend of $0.76 Per Share.

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Stocks Info

The company is listed on the NASDAQ and operates within the REIT – Specialty industry segment. At the end of the last regular session, the stock closed at $46.64 and fluctuated between $46.67 as its day high and $46.15 as its day low. The current market capitalization of Gaming and Leisure Properties Inc is $12.45B. A total of 1.58 million shares were traded on the day, compared to an average of 1.61M shares.

In the most recent transaction, Urdang E Scott bought 2,500 shares of GLPI for 45.00 per share on Mar 01 ’24. After the transaction, the Director now owns 156,685 company shares. In a previous transaction on Jan 04 ’24, Moore Brandon John sold 26,623 shares at 48.89 per share. GLPI shares that COO, Gen Counsel & Sec owns now total 242,414.

Among the insiders who sold shares, Demchyk Matthew disposed of 25,391 shares on Jan 04 ’24 at a per-share price of $48.87. This resulted in the SVP, Chief Investment Officer holding 57,976 shares of GLPI after the transaction. In another insider transaction, Ladany Steven sold 14,260 shares at $48.89 per share on Jan 04 ’24. Company shares held by the SVP Chief Development Officer now total 82,402.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Gaming and Leisure Properties Inc pays an annual dividend of $2.18, resulting in a dividend yield of 4.67%, and it has a price to earnings (P/E) ratio of 16.84. GLPI’s most recent ex-dividend date was 3/14/2024 when it declared a $0.76 quarterly dividend that was paid in cash on 3/29/2024. Previously, the company paid the dividend on 12/22/2023 with an ex-dividend date of 12/7/2023. The GLPI stock dividend was $0.73 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, GLPI has a high of $52.45 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 6 estimates, with a high estimate of $0.73 per share and a lower estimate of $0.68. The company reported an EPS of $0.7 in the last quarter, which was 1.40% higher than expectations of $0.69.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on 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 $15.34, while its Total Shareholder’s Equity was $3.39B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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.

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