Some Essential Facts About Gaming and Leisure Properties

By Emilio Sanchez • Tuesday, November 21 10:48 • Permanent Link

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

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.