Gaming and Leisure Props Azioni (NASDAQ: GLPI)

Ultime notizie per Gaming and Leisure Props (NASDAQ:GLPI) Azioni

Gaming and Leisure Props

Gaming and Leisure Properties Inc, or GLP, is a real estate investment property trust whose primary business consists of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The GLPI's portfolio consisted of interests in sixty one gaming and related facilities, the real property associated with thirty four gaming and related facilities operated by PENN, the real property associated with six gaming and related facilities operated by Caesars Entertainment Corporation.

Gaming and Leisure Properties, Inc. - Common Stock

Gaming and Leisure Properties Inc

Across the recent three months, 6 analysts have shared their insights on Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>), expressing a variety of opinions spanning from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $53.83, a high estimate of $57.00, and a low estimate of $51.00. This current average has increased by 4.73% from the previous average price target of $51.40. 
<img src="https://www.benzinga.com/files/images/story/2024/1730221265_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
The perception of Gaming and Leisure Props by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Mitch Germain</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$55.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Conor Siversky</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$52.00</td>
<td>$51.00</td>
</tr>
<tr>
<td>James Feldman</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$51.00</td>
<td>$48.00</td>
</tr>
<tr>
<td>Andrew Rosivach</td>
<td>Wolfe Research</td>
<td>Announces</td>
<td>Outperform</td>
<td>$57.00</td>
<td>-</td>
</tr>
<tr>
<td>RJ Milligan</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Outperform</td>
<td>$53.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Mitch Germain</td>
<td>JMP Securities</td>
<td>Raises</td>
<td>Market Outperform</td>
<td>$55.00</td>
<td>$53.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Gaming and Leisure Props. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Gaming and Leisure Props compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Gaming and Leisure Props's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Gaming and Leisure Props's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/GLPI/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Gaming and Leisure Props analyst ratings.</a>
<h2>About Gaming and Leisure Props</h2>
Gaming and Leisure Properties Inc, or GLP, is a real estate investment property trust whose primary business consists of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The GLPI's portfolio consisted of interests in sixty one gaming and related facilities, the real property associated with thirty four gaming and related facilities operated by PENN, the real property associated with six gaming and related facilities operated by Caesars Entertainment Corporation.
<h3>Key Indicators: Gaming and Leisure Props's Financial Health</h3>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Over the 3 months period, Gaming and Leisure Props showcased positive performance, achieving a revenue growth rate of 7.17% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Real Estate sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 47.9%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Gaming and Leisure Props's ROE excels beyond industry benchmarks, reaching 4.4%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Gaming and Leisure Props's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.51% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Gaming and Leisure Props's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.8.
<h2>The Basics of Analyst Ratings</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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Analyst Ratings

GLPI

Beyond The Numbers: 6 Analysts Discuss Gaming and Leisure Props Stock

JMP Securities analyst Mitch Germain reiterates Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) with a Market Outperform and maintains $55 price target.

News

Price Target

Reiteration

JMP Securities Reiterates Market Outperform on Gaming and Leisure Props, Maintains $55 Price Target

Gaming and Leisure Props (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/glpi#NASDAQ">GLPI</a>) affirms FY2024 FFO guidance from $3.74 to 3.76 vs $3.76 analyst estimate..Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) affirms FY2024 FFO guidance from $3.74 to 3.76 vs $3.76 analyst estimate..

Guidance

Gaming and Leisure Props Affirms FY2024 FFO Guidance from $3.74 to 3.76 vs $3.76 Est,

Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) reported quarterly earnings of $0.95 per share which beat the analyst consensus estimate of $0.94 by 1.06 percent. The company reported quarterly sales of $385.341 million which beat the analyst consensus estimate of $385.070 million by 0.07 percent. This is a 7.17 percent increase over sales of $359.560 million the same period last year.

Earnings

Earnings Beats

Gaming and Leisure Props Q3 2024 FFO $0.95 Beats $0.94 Estimate, Sales $385.341M Beat $385.070M Estimate

In the preceding three months, 12 analysts have released ratings for Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>), presenting a wide array of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $53.12, with a high estimate of $61.00 and a low estimate of $48.00. This upward trend is evident, with the current average reflecting a 4.9% increase from the previous average price target of $50.64.
<img src="https://www.benzinga.com/files/images/story/2024/1727798434_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The standing of Gaming and Leisure Props among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Conor Siversky</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$52.00</td>
<td>$51.00</td>
</tr>
<tr>
<td>James Feldman</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$51.00</td>
<td>$48.00</td>
</tr>
<tr>
<td>Andrew Rosivach</td>
<td>Wolfe Research</td>
<td>Announces</td>
<td>Outperform</td>
<td>$57.00</td>
<td>-</td>
</tr>
<tr>
<td>RJ Milligan</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Outperform</td>
<td>$53.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Mitch Germain</td>
<td>JMP Securities</td>
<td>Raises</td>
<td>Market Outperform</td>
<td>$55.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Carlo Santarelli</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Hold</td>
<td>$48.00</td>
<td>$47.00</td>
</tr>
<tr>
<td>Brad Heffern</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$53.00</td>
<td>$52.00</td>
</tr>
<tr>
<td>Simon Yarmak</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$52.50</td>
<td>$52.00</td>
</tr>
<tr>
<td>Greg McGinniss</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$50.00</td>
<td>$48.00</td>
</tr>
<tr>
<td>Robin Farley</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$61.00</td>
<td>$56.00</td>
</tr>
<tr>
<td>Brad Heffern</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$52.00</td>
<td>$47.00</td>
</tr>
<tr>
<td>Mitch Germain</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$53.00</td>
<td>$53.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Gaming and Leisure Props. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Gaming and Leisure Props compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Gaming and Leisure Props's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Gaming and Leisure Props's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/GLPI/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Gaming and Leisure Props analyst ratings.</a>
<h2>Get to Know Gaming and Leisure Props Better</h2>
Gaming and Leisure Properties Inc, or GLP, is a real estate investment property trust whose primary business consists of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The GLPI's portfolio consisted of interests in sixty one gaming and related facilities, the real property associated with thirty four gaming and related facilities operated by PENN, the real property associated with six gaming and related facilities operated by Caesars Entertainment Corporation.
<h3>Gaming and Leisure Props's Financial Performance</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Gaming and Leisure Props's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 6.74%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Real Estate sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Gaming and Leisure Props's net margin excels beyond industry benchmarks, reaching 54.69%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Gaming and Leisure Props's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 5.04% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Gaming and Leisure Props's ROA stands out, surpassing industry averages. With an impressive ROA of 1.77%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Gaming and Leisure Props's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.67.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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Gaming and Leisure Props Stock: A Deep Dive Into Analyst Perspectives (12 Ratings)

Wells Fargo analyst Conor Siversky assumes Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) with a Equal-Weight rating and raises Price Target to $52.

Initiation

Wells Fargo Assumes Gaming and Leisure Props at Equal-Weight, Raises Price Target to $52

Gaming and Leisure Properties, Inc. ("GLPI" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) today announced the promotion of Chief Operating Officer, Brandon Moore, to the additional role of President, effective immediately. Mr. Moore will continue to report to the Company's Chairman and Chief Executive Officer, Peter Carlino.
Brandon Moore joined GLPI near its inception in 2014 as Senior Vice President and General Counsel and previously served as Vice President, Senior Corporate Counsel at Penn National Gaming, Inc. (now PENN Entertainment, Inc.) from February 2010 to 2014 where he was a senior member of the legal team responsible for a variety of transactional, regulatory and general legal matters. Prior to joining PENN Entertainment, Mr. Moore was Of Counsel to Ballard Spahr, LLP, a Philadelphia based law firm where he provided advanced legal counsel to private and public clients on a wide variety of legal, compliance and regulatory matters. He earned a B.S. in Finance with high distinction from Pennsylvania State University in 1996 and received his J.D. from the University of Pennsylvania Law School in 1999. Mr. Moore is a member of the Pennsylvania Bar Association. &nbsp;

Management

Gaming and Leisure Properties Promoted COO Brandon Moore to Additional Role of President

Wells Fargo analyst James Feldman maintains Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) with a Equal-Weight and raises the price target from $48 to $51.

Wells Fargo Maintains Equal-Weight on Gaming and Leisure Props, Raises Price Target to $51

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page.</a>
<ul>
<li><a href="https://www.benzinga.com/topic/edward-kelly">Wells Fargo analyst Edward Kelly </a>upgraded the rating for BJ&#8217;s Wholesale Club Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BJ#NYSE">BJ</a>) from Equal-Weight to Overweight and raised the price target from $75 to $92. BJ&#8217;s Wholesale shares fell 6.8% to close at $81.66 on Thursday. <a href="https://www.benzinga.com/quote/BJ/analyst-ratings">See how other analysts view this stock.</a></li>
<li>HSBC analyst Stephen Bersey upgraded Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) from Reduce to Hold and announced a price target of $121. Snowflake shares fell 14.7% to close at $115.21 on Thursday. <a href="https://www.benzinga.com/quote/SNOW/analyst-ratings">See how other analysts view this stock.</a></li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/584fea22ee7bf600019078d5/arun-viswanathan">RBC Capital analyst Arun Viswanathan</a> upgraded the rating for Westlake Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WLK#NYSE">WLK</a>) from Sector Perform to Outperform, while increasing the price target from $157 to $174. Westlake shares fell 0.7% to close at $144.58 on Thursday. <a href="https://www.benzinga.com/quote/WLK/analyst-ratings">See how other analysts view this stock.</a></li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5dfb69d73513fb0001efda64/nicholas-jones">JMP Securities analyst Nicholas Jones</a> upgraded Warby Parker Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WRBY#NYSE">WRBY</a>) from Market Perform to Market Outperform and announced a price target of $20. Warby Parker shares fell 1.3% to settle at $13.86 on Thursday. <a href="https://www.benzinga.com/quote/WRBY/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wolfe Research analyst Andrew Rosivach upgraded the rating for Gaming and Leisure Properties, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) from Peer Perform to Outperform, while announcing a price target of $57. Gaming and Leisure Props shares fell 0.5% to close at $49.74 on Thursday. See how other analysts view this stock. <a href="https://www.benzinga.com/quote/GLPI/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying SNOW stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="504" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/23084540/image-224-1024x504.png" alt="" class="wp-image-510822" style="width:638px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/23084540/image-224-1024x504.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/23084540/image-224-300x148.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/23084540/image-224-768x378.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/23084540/image-224.png 1356w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>

Upgrades

Markets

SNOW

WRBY

This Snowflake Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Friday

Wolfe Research analyst Andrew Rosivach upgrades Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) from Peer Perform to Outperform and announces $57 price target.

Wolfe Research Upgrades Gaming and Leisure Props to Outperform, Announces $57 Price Target

Raymond James analyst RJ Milligan maintains Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) with a Outperform and raises the price target from $50 to $53.

Raymond James Maintains Outperform on Gaming and Leisure Props, Raises Price Target to $53

Ratings for Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) were provided by 15 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Gaming and Leisure Props and provided 12-month price targets. The average target is $52.1, accompanied by a high estimate of $61.00 and a low estimate of $48.00. Marking an increase of 2.2%, the current average surpasses the previous average price target of $50.98. 
<img src="https://www.benzinga.com/files/images/story/2024/1723474833_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
A clear picture of Gaming and Leisure Props's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Mitch Germain</td>
<td>JMP Securities</td>
<td>Raises</td>
<td>Market Outperform</td>
<td>$55.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Carlo Santarelli</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Hold</td>
<td>$48.00</td>
<td>$47.00</td>
</tr>
<tr>
<td>Brad Heffern</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$53.00</td>
<td>$52.00</td>
</tr>
<tr>
<td>Simon Yarmak</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$52.50</td>
<td>$52.00</td>
</tr>
<tr>
<td>Greg McGinniss</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$50.00</td>
<td>$48.00</td>
</tr>
<tr>
<td>Robin Farley</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$61.00</td>
<td>$56.00</td>
</tr>
<tr>
<td>Brad Heffern</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$52.00</td>
<td>$47.00</td>
</tr>
<tr>
<td>Mitch Germain</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$53.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Ronald Kamdem</td>
<td>Morgan Stanley</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$53.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Mitch Germain</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$53.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>James Feldman</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$48.00</td>
<td>$49.00</td>
</tr>
<tr>
<td>Mitch Germain</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$53.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Richard Anderson</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$51.00</td>
<td>$51.00</td>
</tr>
<tr>
<td>Simon Yarmak</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$51.00</td>
<td>$50.75</td>
</tr>
<tr>
<td>Nicholas Yulico</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$48.00</td>
<td>$47.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Gaming and Leisure Props. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Gaming and Leisure Props compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Gaming and Leisure Props's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Capture valuable insights into Gaming and Leisure Props's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/GLPI/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Gaming and Leisure Props analyst ratings.</a>
<h2>Discovering Gaming and Leisure Props: A Closer Look</h2>
Gaming and Leisure Properties Inc, or GLP, is a real estate investment property trust whose primary business consists of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The GLPI's portfolio consisted of interests in sixty one gaming and related facilities, the real property associated with thirty four gaming and related facilities operated by PENN, the real property associated with six gaming and related facilities operated by Caesars Entertainment Corporation.
<h3>Unraveling the Financial Story of Gaming and Leisure Props</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Gaming and Leisure Props's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 6.74%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Real Estate sector.
Net Margin: Gaming and Leisure Props's net margin excels beyond industry benchmarks, reaching 54.69%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Gaming and Leisure Props's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 5.04%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Gaming and Leisure Props's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.77%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.67.
<h2>What Are Analyst Ratings?</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

15 Analysts Assess Gaming and Leisure Props: What You Need To Know

JMP Securities analyst Mitch Germain maintains Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) with a Market Outperform and raises the price target from $53 to $55.

JMP Securities Maintains Market Outperform on Gaming and Leisure Props, Raises Price Target to $55

Deutsche Bank analyst Carlo Santarelli maintains Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) with a Hold and raises the price target from $47 to $48.

Deutsche Bank Maintains Hold on Gaming and Leisure Props, Raises Price Target to $48

RBC Capital analyst Brad Heffern maintains Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) with a Outperform and raises the price target from $52 to $53.

RBC Capital Maintains Outperform on Gaming and Leisure Props, Raises Price Target to $53

Stifel analyst Simon Yarmak maintains Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) with a Buy and raises the price target from $52 to $52.5.

Stifel Maintains Buy on Gaming and Leisure Props, Raises Price Target to $52.5

Gaming And Leisure Properties Raises FY24 AFFO Forecast From $3.71 - $3.74 To $3.74 - $3.76 (Est $3.75)

Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) reported quarterly earnings of $0.94 per share which met the analyst consensus estimate. This is a 2.17 percent increase over earnings of $0.92 per share from the same period last year. The company reported quarterly sales of $380.626 million which beat the analyst consensus estimate of $377.213 million by 0.90 percent. This is a 6.74 percent increase over sales of $356.589 million the same period last year.

Gaming and Leisure Props Q2 2024 FFO Per Share $0.94, Inline, Sales $380.626M Beat $377.213M Estimate

Scotiabank analyst Greg McGinniss maintains Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) with a Sector Perform and raises the price target from $48 to $50.

Scotiabank Maintains Sector Perform on Gaming and Leisure Props, Raises Price Target to $50

UBS analyst Robin Farley maintains Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) with a Buy and raises the price target from $56 to $61.

UBS Maintains Buy on Gaming and Leisure Props, Raises Price Target to $61

J.P. Morgan analyst Joseph Greff maintained a Hold rating on Gaming and Leisure (GLPI – Research Report) on October 25 and set a price target of $4...

Gaming and Leisure (GLPI) Gets a Hold from J.P. Morgan

REITs promise steady income via high dividends, and sector diversification. With strong growth forecasts and a resilient U.S. economy, it could be wise to consider investing in robust REITs like Crown Castle (CCI), VICI Properties (VICI), and Gaming and Leisure Properties (GLPI), all yielding over 5%. Read on... REITs are increasingly popular for passive income due to consistent dividends, and attractive yields, especially as interest rates fall. With diversification across sectors like industrial and healthcare, they offer a reliable investment option.
Therefore, investors seeking high dividend yields may consider strong REITs like Crown Castle Inc. (<a href="https://stocknews.com/stock/CCI/">CCI</a>), VICI Properties Inc. (<a href="https://stocknews.com/stock/VICI/">VICI</a>), and Gaming and Leisure Properties, Inc. (<a href="https://stocknews.com/stock/GLPI/">GLPI</a>), all yielding over 5%.
REITs provide a dependable income stream, distributing at least <a href="https://www.reit.com/investing/investment-benefits-reits/reits-and-dividend-income">90%</a> of taxable income as dividends, making them ideal for investors focused on steady payouts, wealth growth, and inflation protection. With global REIT earnings expected to grow over <a href="https://www.vpbank.com/en/vpfundsolutions/news/2024/global-public-real-estate-outlook-report#:~:text=According%20to%20UBS%2C%20global%20REIT,interest%20expenses%20from%20raised%20rates.">10% in 2024 and 2025</a>, and a projected <a href="https://www.linkedin.com/pulse/global-real-estate-investment-trust-reit-market-size-c4ikc/">CAGR of 8.8%</a> through 2031, their appeal continues to strengthen.
Meanwhile, with U.S. economic growth upgraded to <a href="https://www.reuters.com/markets/us/imf-lifts-us-growth-forecast-marks-down-china-sees-lackluster-global-economy-2024-10-22/">2.8% for 2024 and 2.2% for 2025</a>, REITs could benefit from strong consumer spending and resilient labor markets. The IMF's forecast highlights the U.S. as a key driver of global growth, creating favorable conditions for property investments as demand remains robust.
Furthermore, diversified REITs spread risk across sectors, offering stability, while hotel REITs provide high returns during growth but are sensitive to market cycles. Overall, REITs present a balanced investment opportunity. Given this backdrop, let's now dive into the stocks mentioned above in detail.
Crown Castle Inc. (<a href="https://stocknews.com/stock/CCI/">CCI</a>)
CCI operates and leases more than 40,000 cell towers and approximately 90,000 route miles of fiber, supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology, and wireless services, delivering information, ideas, and innovations to the people and businesses that need them.
On August 7, 2024, CCI announced a quarterly cash dividend of $1.56 per common share, payable on September 30, 2024, to stockholders of record as of September 13, 2024.
CCI has paid dividends for nine years.  Its annual dividend is $6.26, which translates to a yield of 5.70% at the current share price. Its four-year average dividend yield is 4.30%. Moreover, the company's dividend payouts have increased at a CAGR of 5.6% over the past three years.
CCI's trailing-12-month <a href="https://www.investopedia.com/terms/a/assetturnover.asp">asset turnover ratio</a> of 0.17x is 30.6% higher than the 0.13x industry average. The stock's trailing-12-month Return on Common Equity of 20.53% is 551% higher than the industry average of 3.15%. Also, its trailing-12-month Return on Total Assets of 3.23% is 147.6% higher than the industry average of 1.30%.
During the second quarter ended June 30, 2024, CCI reported net revenues of $1.65 billion. The company's net income was $303 million, or $0.70 per common share, up 14.3% and 14.8%, respectively, from the year-ago figures. Additionally, the company's total operating income rose 11.9% over the prior-year quarter to $544 million.
Street expects CCI's FFO for the quarter ending June 30, 2025, to increase 5.6% year-over-year to $1.63. It surpassed the Street revenue estimates in each of the trailing four quarters. Over the past year, the stock has gained 28.1% to close the last trading session at $110.33.
CCI's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its strong fundamentals. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It has a B grade for Momentum and Quality. Within the <a href="https://stocknews.com/category/reits-retail/">REITs – Diversified</a> industry, it is ranked #14 out of 44 stocks. To see CCI's ratings for Growth, Value, Stability, and Sentiment, <a href="https://stocknews.com/stock/CCI/">click here</a>.
VICI Properties Inc. (<a href="https://stocknews.com/stock/VICI/">VICI</a>)
VICI is an S&amp;P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality, and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand, and The Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.
On September 5, 2024, VICI announced a 4.2% increase in its regular quarterly dividend to $0.43 per share, marking its seventh consecutive annual dividend increase. The dividend will be payable on October 3, 2024.
VICI pays an annual dividend of $1.73, which translates to a yield of 5.28% at the current share price. Its four-year average dividend yield is 4.90%. Also, the company's dividend payouts have increased at a CAGR of 7.5% over the past three years. VICI has paid dividends for five consecutive years.
In terms of the trailing-12-month EBITDA margin, VICI's 92.79% is 72.2% higher than the 53.88% industry average. Similarly, the stock's 92.66% trailing-12-month EBIT margin is 322.9% higher than the 21.91% industry average. Moreover, its trailing-12-month net income margin of 99.02% is 51.1% higher than the 65.54% industry average.
In the second quarter that ended June 30, 2024, VICI's total revenues increased 6.5% year-over-year to $957 million. Its adjusted EBITDA attributable to common stockholders grew 7.3% from the year-ago value to $775.87 million. The company's net income was $752.75 million and $0.71 per common share, up 7.3% and 2.9% from the prior year's quarter, respectively.
For the quarter ended September 30, 2024, VICI's EPS and revenue are expected to increase 21.5% and 5.5% year-over-year to $0.67 and $954.31 million, respectively. Over the past year, VICI's stock has gained 19.1% to close the last trading session at $32.77.
VICI's bright prospects are reflected in its POWR Ratings. It has an overall rating of B, equating to a Buy in our proprietary rating system.
It has a B grade for Momentum, Stability, Sentiment, Quality. It is ranked #2 out of 16 stocks in the <a href="https://stocknews.com/category/reits-hotel/">REITs – Hotel</a> industry. To access the additional grades of VICI for Growth and Value, <a href="https://stocknews.com/stock/VICI/">click here</a>.
Gaming and Leisure Properties, Inc. (<a href="https://stocknews.com/stock/GLPI/">GLPI</a>)
GLPI acquires, finances, and owns real estate properties leased to gaming operators under triple-net lease arrangements, where tenants are responsible for facility maintenance, insurance, taxes, utilities, and other services necessary for the leased properties and the businesses conducted on them.
On September 11, 2024, GLPI completed a $250 million land acquisition for Bally's future Chicago casino, securing an 8% initial cash yield. GLPI's total investment for the project will reach $1.19 billion.
On August 28, 2024, GLPI announced a third-quarter 2024 cash dividend of $0.76 per share, payable on September 27, 2024, to shareholders of record on September 13, 2024.
GLPI's annualized dividend of $3.04 per share translates to a dividend yield of 5.98% on the current share price. Its four-year average yield is 6.08%. Over the past three  GLPI's dividend payments have grown at CAGRs of 5.1%. GLPI has paid dividends for nine consecutive years.
GLPI's 81.13% trailing-12-month AFFO payout ratio is 9.8% higher than the 73.86% industry average. Its trailing-12-month EBIT margin of 74.90% is 241.8% higher than the 21.91% industry average. In addition, the stock's 71.58% trailing-12-month FFO to gross margin is 13.3% higher than the 63.19% industry average.
GLPI's total income from real estate for the fiscal second quarter that ended June 30, 2024, increased 6.5% year-over-year to $380.63 million. Similarly, the company's net income attributable to common shareholders and earnings per share stood at $208.25 million and $0.77, up 33.8% and 30.5% year-over-year, respectively.
Analysts expect GLPI's revenue and FFO for the quarter ended September 30, 2024, to increase 7.2% and 3.2% year-over-year to $385.28 million and $0.97, respectively. GLPI surpassed the consensus revenue estimates in three of the trailing four quarters. The stock has declined 2.4% over the past month to close the last trading session at $50.81.
It's no surprise that GLPI has an overall rating of B, which translates to a Buy in our proprietary rating system.
It has a B grade for Momentum, Stability, Sentiment, and Quality and is ranked #4 in the REITS - Diversified industry. In addition to what we have stated above, we have given GLPI grades for Growth and Value. Get all the GLPI ratings <a href="https://stocknews.com/stock/GLPI/">here</a>.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

<hr />
CCI shares were unchanged in after-hours trading Thursday. Year-to-date, CCI has gained 1.04%, versus a 23.01% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/cci-vici-glpi-3-reits-with-high-dividend-yields-for-passive-income/>3 REITs With High Dividend Yields for Passive Income</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

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