Some Essential Facts About Gaming and Leisure Properties

Shares of Real Estate sector company Gaming and Leisure Properties moved -0.7% today, and are now trading at a price of $44.92. The large-cap stock's daily volume was 184,581 compared to its average volume of 2,352,671. The S&P 500 index returned a -0.0% performance.

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.. The company is based in Wyomissing and has 17 full time employees. Its market capitalization is $11,994,357,760. Gaming and Leisure Properties currently offers its equity investors a dividend that yields 6.4% per year.

19 analysts are following Gaming and Leisure Properties and have set target prices ranging from $45.0 to $59.0 per share. On average, they have given the company a rating of buy. At today's prices, GLPI is trading -15.05% away from its average analyst target price of $52.88 per share.

Over the last year, GLPI shares have gone down by -9.0%, which represents a difference of -23.0% when compared to the S&P 500. The stock's 52 week high is $55.13 per share and its 52 week low is $43.54. With average free cash flows of $739.9 Million that have been growing at an average rate of 6.2% over the last 6 years, Gaming and Leisure Properties declining stock performance may not be reflective of the quality of its underlying business.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023 954,780 23,865 930,915 3.87
2022 920,126 23,865 896,261 13.47
2021 803,778 13,926 789,852 85.87
2020 428,077 3,130 424,947 -43.13
2019 750,302 3,017 747,285 14.94
2018 654,433 4,284 650,149
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