Gaming And Leisure Properties inc (NASDAQ: GLPI) |
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Price: $47.7800
$-0.35
-0.727%
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Day's High:
| $48.38
| Week Perf:
| -0.44 %
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Day's Low: |
$ 47.55 |
30 Day Perf: |
2.84 % |
Volume (M): |
1,344 |
52 Wk High: |
$ 52.60 |
Volume (M$): |
$ 64,192 |
52 Wk Avg: |
$47.43 |
Open: |
$48.17 |
52 Wk Low: |
$41.80 |
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Market Capitalization (Millions $) |
13,171 |
Shares
Outstanding (Millions) |
276 |
Employees |
185 |
Revenues (TTM) (Millions $) |
1,511 |
Net Income (TTM) (Millions $) |
801 |
Cash Flow (TTM) (Millions $) |
413 |
Capital Exp. (TTM) (Millions $) |
269 |
Gaming And Leisure Properties Inc
Gaming and Leisure Properties Inc (GLPI) is a real estate investment trust (REIT) that is focused on the gaming industry. The company was founded in 2013 and is headquartered in Wyomissing, Pennsylvania. It was spun off from Penn National Gaming, a leading operator of casinos and racetracks.
GLPI owns and leases out 49 gaming and related properties across 16 states in the US. These properties include casinos, race tracks, and other entertainment venues. With a market capitalization of approximately $8 billion, the company has distinguished itself as one of the largest and most successful gaming REITs in the US.
The company's portfolio consists of both regional and destination casinos, which offer a wide range of gaming facilities to their customers. The properties are leased out to gaming operators on a triple-net lease basis, which means that the operators are responsible for all operating expenses, including utilities, property taxes, and insurance.
GLPI's properties include Hollywood Casino Perryville, Hollywood Casino Joliet, Hollywood Casino Lawrenceburg, Hollywood Casino at Kansas Speedway, Hollywood Gaming at Dayton Raceway, Hollywood Gaming at Mahoning Valley, The Meadows Racetrack and Casino, Plainridge Park Casino and many others.
Aside from these creative locations, GLPI is continually expanding its properties through new acquisitions or strategic partnerships. Recently, it has embarked on a new growth plan by investing in the online gaming industry. In 2020, GLPI entered into a multi-year partnership with Draftkings, one of the largest online sports betting operators in the United States.
In summary, Gaming and Leisure Properties Inc is a significant player in the gaming space, focused on real estate ownership and leases in the sector. It's global outlook and vast gaming entertainment properties make it a top choice for both investors and gamers alike.
Company Address: 845 Berkshire Blvd., Suite 200 Wyomissing 19610 PA
Company Phone Number: 401-2900 Stock Exchange / Ticker: NASDAQ GLPI
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Customers Net Income fell by |
GLPI's Customers Net Profit Margin fell to |
-26.45 % |
8.05 %
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Stock Performances by Major Competitors |
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Business Update
Published Sun, Dec 29 2024 11:14 AM UTC
In a notable strategic maneuver, Bally s Corporation (NYSE: BALY) has successfully executed a sale-leaseback agreement for its properties in Kansas City and Shreveport, reflecting a savvy financial strategy that potentially stabilizes its liquidity during challenging times. The transaction, which was first announced earlier this year, involves selling the underlying real est...
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Dividend
Published Mon, Nov 25 2024 9:15 PM UTC
Gaming and Leisure Properties, Inc. Declares Increased Dividend Amid Strategic Expansion into Chicago MarketWYOMISSING, Pa. Gaming and Leisure Properties, Inc. (NASDAQ: GLPI), a leading real estate investment trust (REIT) focused on the gaming industry, is bolstering its commitment to shareholders and capitalizing on growth opportunities within the gaming landscape. In a s...
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Management Announcement
Published Wed, Sep 11 2024 8:51 PM UTC
Wyomissing, Pa. ? On September 11, 2024, Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) announced a significant milestone in its growth trajectory with the completion of a $250 million land purchase from Blue Owl Capital. This acquisition will be the site for Bally?s Corporation (NYSE: BALY) future flagship casino in Chicago, further solidifying GLPI s presence in th...
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Dividend
Published Wed, Aug 28 2024 8:15 PM UTC
In a move that reflects its strong financial performance, Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced on August 28, 2024, that its Board of Directors has declared a third-quarter cash dividend of $0.76 per share of common stock. This payout marks an increase from the $0.73 per share dividend declared in the same quarter of the previous year. The dividen...
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Partnership
Published Tue, Jul 30 2024 9:17 PM UTC
Gaming and Leisure Properties, Inc. Announces $1.2 Billion Public Offering Amidst Mixed Financial Landscape By Author Name WYOMISSING, Pa., July 30, 2024 Gaming and Leisure Properties, Inc. (GLPI) (NASDAQ: GLPI) has made a significant financial move by announcing the pricing of a substantial $1.2 billion public offering. The senior notes will be issued by its operating ...
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Per Share |
Current |
Earnings (TTM) |
2.85 $ |
Revenues (TTM) |
5.48 $
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Cash Flow (TTM) |
1.5 $ |
Cash |
2.01 $
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Book Value |
16.78 $
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Dividend (TTM) |
3.02 $ |
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Per Share |
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Earnings (TTM) |
2.85 $
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Revenues (TTM) |
5.48 $ |
Cash Flow (TTM) |
1.5 $ |
Cash |
2.01 $
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Book Value |
16.78 $ |
Dividend (TTM) |
3.02 $ |
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On February 27 2024 the Gaming And Leisure Properties Inc provided following guidance
Gaming and Leisure Properties, Inc. (GLPI) reported record-breaking financial results for the fourth quarter and full year ending December 31, 2023. The company, listed on NASDAQ under the symbol GLPI, revealed its impressive performance in a press release issued on February 27, 2024.
According to the financial estimates provided, Gaming and Leisure Properties, Inc. is on track to deliver strong results in 2024. The company has established guidance for the year ahead, indicating optimism about its future prospects. Additionally, GLPI announced a quarterly dividend of $0.76 per share for the first quarter of 2024, demonstrating its commitment to rewarding shareholders.
Based on these updates, Ga...
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