Large-cap Real Estate company Gaming and Leisure Properties has logged a -1.2% change today on a trading volume of 702,956. The average volume for the stock is 1,030,155.
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.. Based in Wyomissing, United States the company has 17 full time employees and a market cap of $13,165,024,256. Gaming and Leisure Properties currently offers its equity investors a dividend that yields 5.6% per year.
The company is now trading -11.33% away from its average analyst target price of $56.59 per share. The 17 analysts following the stock have set target prices ranging from $50.0 to $61.0, and on average give Gaming and Leisure Properties a rating of buy.
Over the last year, GLPI shares have gone up 11.0%, which represents a difference of 15.0% when compared to the S&P 500. The stock's 52 week high is $55.13 per share whereas its 52 week low is $41.97. Based on Gaming and Leisure Properties's compounded average operating margin growth of 3.8% over the last 4 years, its core business remains strong and its strong stock performance may continue in the long term.
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