GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.
Gaming & Leisure Properties stock last closed at $42.46, down 2.23% from the previous day, and has decreased 16.45% in one year. It has underperformed other stocks in the REIT - Specialty industry by 0.16 percentage points. Gaming & Leisure Properties stock is currently +1.58% from its 52-week low of $41.80, and -18.82% from its 52-week high of $52.31.
There are currently 271.5M shares of GLPI outstanding. The market value of GLPI is $11.53B. In the last 24 hours, 1.75M GLPI shares were traded.
How to Buy Gaming & Leisure Properties Stock
Wondering how to invest in Gaming & Leisure Properties stock? Here's how.
Decide where to buy Gaming & Leisure Properties stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you decide where to buy Gaming & Leisure Properties stock.
Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
Put funds into your brokerage account: Choose your method of payment and add your details.
Research Gaming & Leisure Properties stock: The Gaming & Leisure Properties ticker symbol is GLPI. Is Gaming & Leisure Properties stock a good investment? Should you buy shares of GLPI? How do GLPI's underlying business fundamentals look? Do top analysts think Gaming & Leisure Properties is a good buy? Why has GLPI's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if GLPI is a good stock to buy).
Make your GLPI trade: Decide if you will purchase GLPI shares at the current market price or use a limit order to purchase GLPI stock at a particular price.
Get notifications regarding your investment in GLPI: Create a watchlist to watch your new investment in Gaming & Leisure Properties stock.
Step 1: Decide where to buy Gaming & Leisure Properties stock
You need a brokerage account to access the NASDAQ market and buy GLPI shares.
A brokerage account allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.
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Step 2: Create a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal info so you can invest in GLPI stock today.
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Step 4: Research Gaming & Leisure Properties stock
After you have figured out the best place to buy Gaming & Leisure Properties stock, it's crucial to analyze their stock before you invest, so you truly wrap your head around the risk as well as the upside.
Gaming & Leisure Properties stock data
GLPI Price
$42.46
1w %
-0.79%
1y %
-16.45%
5y %
6.26%
P/E
15.61x
P/B
2.79x
P/S
7.89x
PEG
0.75x
Revenue
$1.46B
Earnings
$725.40M
Fore. Rev. Growth
1.94%
Fore. Earn. Growth
23.07%
Market Cap
$11.53B
Next Earnings
Jun 14, 2024
Next Dividend
N/A
GLPI Fundamentals
WallStreetZen was designed to help everyday investors do more accurate fundamental analysis in less time.
Total GLPI debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
GLPI profit margin has gone down from 55.4% to 49.6% in the past year.
GLPI has a relatively high debt to equity ratio of 1.77.
GLPI earnings of $1.06B is not enough to cover its interest payments.
GLPI's operating cash flow of $1.03B allows it to safely service it's debt of $6.88B.
Do Wall Street analysts think it's a good time to buy Gaming & Leisure Properties stock
Out of 6 Wall Street analysts who track GLPI, the consensus analyst rating on Gaming & Leisure Properties is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent GLPI Analyst Forecasts
Haendel St. Juste, a bottom 10% analyst from Mizuho downgrades GLPI to a hold rating and lowers their GLPI price target from $50.00 to $47.00, on Dec 11, 2023.
Last year, GLPI earnings were $725.40M. Over the last five year, GLPI's earnings have gone up by 11.62% per year. This was slower than the REIT - Specialty industry average of 15.68%.
Last year, GLPI revenue was $1.46B. During the past 5 year, GLPI's revenue has increased by 5.85% per year. This was slower than the REIT - Specialty industry average of 7.98%.
Gaming & Leisure Properties pays a dividend of 6.92%, compared to the REIT - Specialty industry's average dividend yield of 4.96%. If you owned $1,000 of GLPI stock, you would have received $69.24 last year.
Gaming & Leisure Properties dividend payments have consistently grown over the past decade but have not remained stable.
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Step 5: Make your GLPI trade
There are two main order types:
Market order: A market order is an order to buy or sell a security at the best possible price. Market orders are usually the easiest way to buy.
Limit order: A limit order enables you to buy or sell a security at a specific price (or better). If you want to make sure you're buying or selling at a specific price limit, use a limit order.
Click the Open Trade button and your broker will place your order.
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How much does it cost to buy one Gaming & Leisure Properties share?
As of Apr 26, 2024, it costs $42.46 to buy one share of Gaming & Leisure Properties stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.236 shares of GLPI.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Is now a good time to buy Gaming & Leisure Properties stock?
According to 6 Wall Street analysts who monitor Gaming & Leisure Properties, their consensus recommendation is to buy Gaming & Leisure Properties stock.
What is the best way to buy Gaming & Leisure Properties stock?
One way to place an order for Gaming & Leisure Properties stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.