Gaming and Leisure Properties, Inc.

GLPI

US36467J1088

Specialized REITs

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
42.46 ^USD	-2.23%		-0.79%	-13.96%

Apr. 26	Transcript : Gaming and Leisure Properties, Inc., Q1 2024 Earnings Call, Apr 26, 2024
Apr. 25	Gaming and Leisure Properties Q1 Adjusted Funds From Operations Unchanged, Revenue Rises	MT

Gaming and Leisure Properties, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023

February 27, 2024 at 04:15 pm EST

Gaming and Leisure Properties, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 327.95 million compared to USD 299.25 million a year ago. Net income was USD 211.29 million compared to USD 194.12 million a year ago. Basic earnings per share from continuing operations was USD 0.79 compared to USD 0.75 a year ago. Diluted earnings per share from continuing operations was USD 0.78 compared to USD 0.75 a year ago.
For the full year, sales was USD 1,286.36 million compared to USD 1,173.38 million a year ago. Net income was USD 734.28 million compared to USD 684.65 million a year ago. Basic earnings per share from continuing operations was USD 2.78 compared to USD 2.71 a year ago. Diluted earnings per share from continuing operations was USD 2.77 compared to USD 2.7 a year ago.

Latest news about Gaming and Leisure Properties, Inc.

Transcript : Gaming and Leisure Properties, Inc., Q1 2024 Earnings Call, Apr 26, 2024	Apr. 26
Gaming and Leisure Properties Q1 Adjusted Funds From Operations Unchanged, Revenue Rises	Apr. 25	MT
Earnings Flash (GLPI) GAMING AND LEISURE PROPERTIES Reports Q1 Revenue $376M	Apr. 25	MT
Gaming and Leisure Properties, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 25	CI
Gaming and Leisure Properties, Inc. Appoints Debra Martin Chase to Board of Directors and Member of the Nominating and Corporate Governance Committee	Apr. 24	CI
Morgan Stanley Adjusts Gaming and Leisure Properties' Price Target to $53 From $55, Maintains Overweight Rating	Mar. 21	MT
Mizuho Securities Cuts Gaming and Leisure Properties' Price Target to $47 From $49, Maintains Neutral Rating	Mar. 07	MT
RBC Trims Price Target on Gaming & Leisure Properties to $49 From $50, Calls 2024 Guidance 'Somewhat Disappointing,' Keeps Outperform Rating	Feb. 29	MT
Gaming and Leisure Properties, Inc. Declares First Quarter Dividend, Payable on March 29, 2024	Feb. 28	CI
Transcript : Gaming and Leisure Properties, Inc., Q4 2023 Earnings Call, Feb 28, 2024	Feb. 28
Gaming and Leisure Properties Q4 Adjusted FFO, Revenue Rise; 2024 Outlook Set; Dividend Boosted	Feb. 27	MT
Gaming and Leisure Properties, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 27	CI
Gaming and Leisure Properties, Inc. Acquires Real Estate Assets of Tioga Downs Casino Resort for $175 Million	Feb. 06	CI
Gaming and Leisure Properties, Inc. acquired Real estate assets of Tioga Downs Casino Resort for approximately $175 million.	Feb. 05	CI
Mizuho Adjusts Price Target on Gaming and Leisure Properties to $49 From $47, Maintains Neutral Rating	Jan. 10	MT
Gaming & Leisure Properties Insider Sold Shares Worth $1,240,858, According to a Recent SEC Filing	Jan. 05	MT
Gaming & Leisure Properties Insider Sold Shares Worth $1,690,741, According to a Recent SEC Filing	Jan. 05	MT
JPMorgan Downgrades Gaming and Leisure Properties to Neutral From Overweight, Price Target is $48	Dec. 14	MT
Mizuho Securities Downgrades Gaming and Leisure Properties to Neutral From Buy, Cuts Price Target to $47 From $50	Dec. 11	MT
Gaming and Leisure Properties Keeps Quarterly Dividend at $0.73/Share; Payable Dec. 22 to Shareholders of Record on Dec. 8	Nov. 22	MT
Gaming and Leisure Properties, Inc. Declares Fourth Quarter 2023 Cash Dividend, Payable on December 22, 2023	Nov. 22	CI
Gaming and Leisure Properties Prices $400 Million Debt Offering	Nov. 15	MT
Deutsche Bank Adjusts Gaming and Leisure Properties Price Target to $48 From $52, Maintains Hold Rating	23-10-30	MT
RBC Cuts Price Target on Gaming & Leisure Properties to $50 From $54, Keeps Outperform Rating	23-10-30	MT
Transcript : Gaming and Leisure Properties, Inc., Q3 2023 Earnings Call, Oct 27, 2023	23-10-27

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Company Profile

Gaming and Leisure Properties, Inc. is a self-administered and self-managed Pennsylvania real estate investment trust. The Company's primary business consists of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. Its portfolio consists of interests in approximately 62 gaming and related facilities across 19 states with eight tenants, which consists of the real property associated with gaming and related facilities. The Company's property portfolio includes Hollywood Casino Lawrenceburg, Hollywood Casino Aurora, Hollywood Casino Joliet, Argosy Casino Alton, Hollywood Casino Toledo, Hollywood Casino Columbus, Hollywood Casino at Charles Town Races, Hollywood Casino at Penn National Race, Hollywood Casino Bangor, Zia Park Casino, Hollywood Casino Gulf Coast, Argosy Casino Riverside, Hollywood Casino St. Louis, Hollywood Gaming at Dayton Raceway, Ameristar Black Hawk, Tioga Downs Casino Resort (Tioga Downs), and others.

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Specialized REITs

Calendar

2024-07-24 - Q2 2024 Earnings Release (Projected)

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Ratings for Gaming and Leisure Properties, Inc.

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ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

42.46 USD

Average target price

52.69 USD

Spread / Average Target

+24.09%

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