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Earnings
Gaming and Leisure Properties reports Q2 AFFO EPS 87c, consensus 86c » 17:02
07/29/21
07/29
17:02
07/29/21
17:02
GLPI

Gaming and Leisure Properties

$47.54 /

-0.025 (-0.05%)

Reports Q2 revenue…

Reports Q2 revenue $317.76M, consensus $299.79M. Peter Carlino, chairman and CEO of GLPI, commented, "GLPI's record second quarter results and our financial performance over the last year highlight the value of resilient regional gaming markets and our high quality tenant roster that has been further diversified while maintaining a close watch on our capital structure and cost of capital. As a result, we have established sustained financial stability, capitalized on new growth opportunities with existing and new tenants, and returned capital to shareholders in the form of stock and cash dividends on an uninterrupted basis, despite the challenges presented by the pandemic."

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GLPI Gaming and Leisure Properties
$47.54 /

-0.025 (-0.05%)

GLPI Gaming and Leisure Properties
$47.54 /

-0.025 (-0.05%)

06/14/21 Wolfe Research
Gaming and Leisure Properties initiated with a Peer Perform at Wolfe Research
05/24/21 Mizuho
Gaming and Leisure Properties price target raised to $50 from $49 at Mizuho
05/04/21 Mizuho
Gaming and Leisure Properties price target raised to $49 from $48 at Mizuho
05/03/21 Deutsche Bank
Gaming and Leisure Properties price target raised to $54 from $51 at Deutsche Bank
GLPI Gaming and Leisure Properties
$47.54 /

-0.025 (-0.05%)

  • 30
    Oct
Over a month ago
Initiation
Gaming and Leisure Properties initiated with a Peer Perform at Wolfe Research » 16:32
06/14/21
06/14
16:32
06/14/21
16:32
GLPI

Gaming and Leisure Properties

$47.80 /

-0.08 (-0.17%)

Wolfe Research analyst…

Wolfe Research analyst Andrew Rosivach initiated coverage of Gaming and Leisure Properties with a Peer Perform rating and $52 price target. The analyst believes the company will be able to achieve "modest" earnings growth.

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GLPI Gaming and Leisure Properties
$47.80 /

-0.08 (-0.17%)

GLPI Gaming and Leisure Properties
$47.80 /

-0.08 (-0.17%)

05/24/21 Mizuho
Gaming and Leisure Properties price target raised to $50 from $49 at Mizuho
05/04/21 Mizuho
Gaming and Leisure Properties price target raised to $49 from $48 at Mizuho
05/03/21 Deutsche Bank
Gaming and Leisure Properties price target raised to $54 from $51 at Deutsche Bank
04/26/21 Ladenburg
Gaming and Leisure Properties price target raised to $51 from $47.50 at Ladenburg
GLPI Gaming and Leisure Properties
$47.80 /

-0.08 (-0.17%)

  • 30
    Oct
Hot Stocks
Gaming and Leisure Properties completes acquisition of two gaming properties » 08:15
06/04/21
06/04
08:15
06/04/21
08:15
GLPI

Gaming and Leisure Properties

$47.14 /

-0.345 (-0.73%)

, CZR

Caesars

$109.55 /

-0.12 (-0.11%)

, BALY

Bally's

$57.19 /

-2.41 (-4.04%)

Gaming and Leisure…

Gaming and Leisure Properties (GLPI) announced the completion of its previously announced transaction to acquire the land and real estate assets of Tropicana Evansville from Caesars Entertainment (CZR) and The Dover Downs Hotel and Casino from Bally's (BALY) for an aggregate purchase price of approximately $484M in cash. The company funded the transaction with cash on hand which was in part generated by its equity raise completed on October 29, 2020. Simultaneous with the closing of the transaction, the company entered into a triple-net master lease agreement with Bally's. The master lease has an initial total annual cash rent of $40M and an initial term of 15 years with four 5-year tenant renewal options, as well as annual lease escalation terms based on the Consumer Price Index, with a 1% floor and 2% ceiling, subject to CPI meeting a .5% threshold. Peter Carlino, Chairman and CEO of GLPI commented, "We are pleased to add these high-quality regional assets to our portfolio, expand our roster of operators, and gain geographic exposure to a new state. Bally's is one of the nation's most dynamic regional gaming operators and we look forward to further supporting the execution of their growth plans. In particular, we look forward to adding their Mardi Gras and Golden casinos in Blackhawk, Colorado and their Jumer's Casino and Hotel in Rock Island, Illinois to our existing master lease as we further expand our partnership."

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GLPI Gaming and Leisure Properties
$47.14 /

-0.345 (-0.73%)

CZR Caesars
$109.55 /

-0.12 (-0.11%)

BALY Bally's
$57.19 /

-2.41 (-4.04%)

GLPI Gaming and Leisure Properties
$47.14 /

-0.345 (-0.73%)

05/24/21 Mizuho
Gaming and Leisure Properties price target raised to $50 from $49 at Mizuho
05/04/21 Mizuho
Gaming and Leisure Properties price target raised to $49 from $48 at Mizuho
05/03/21 Deutsche Bank
Gaming and Leisure Properties price target raised to $54 from $51 at Deutsche Bank
04/26/21 Ladenburg
Gaming and Leisure Properties price target raised to $51 from $47.50 at Ladenburg
CZR Caesars
$109.55 /

-0.12 (-0.11%)

05/06/21 KeyBanc
Caesars price target raised to $125 from $110 at KeyBanc
05/05/21 Deutsche Bank
Caesars price target raised to $126 from $120 at Deutsche Bank
04/27/21 Truist
Caesars price target raised to $120 from $100 at Truist
04/27/21 Deutsche Bank
Caesars price target raised to $120 from $65 at Deutsche Bank
BALY Bally's
$57.19 /

-2.41 (-4.04%)

04/27/21 Truist
Red Rock Resorts price target raised to $42 from $34 at Truist
04/27/21 Truist
MGM Resorts price target raised to $43 from $38 at Truist
04/27/21 Truist
Monarch Casino price target raised to $77 from $70 at Truist
GLPI Gaming and Leisure Properties
$47.14 /

-0.345 (-0.73%)

CZR Caesars
$109.55 /

-0.12 (-0.11%)

BALY Bally's
$57.19 /

-2.41 (-4.04%)

  • 16
    Apr
  • 30
    Oct
  • 29
    Sep
CZR Caesars
$109.55 /

-0.12 (-0.11%)

BALY Bally's
$57.19 /

-2.41 (-4.04%)

CZR Caesars
$109.55 /

-0.12 (-0.11%)

BALY Bally's
$57.19 /

-2.41 (-4.04%)

CZR Caesars
$109.55 /

-0.12 (-0.11%)

Hot Stocks
Penn National receives final approval to acquire Hollywood Casino Perryville » 11:12
05/27/21
05/27
11:12
05/27/21
11:12
PENN

Penn National

$82.44 /

-1.03 (-1.23%)

, GLPI

Gaming and Leisure Properties

$46.57 /

+0.1 (+0.22%)

Penn National Gaming…

Penn National Gaming (PENN) announced that it has received final approval from the Maryland Lottery and Gaming Control Commission to acquire the operations of Hollywood Casino Perryville. Penn National entered into a definitive agreement with Gaming and Leisure Properties (GLPI) in December 2020 to acquire the operations of Hollywood Casino Perryville for $31.1M in cash. Simultaneous with the closing of the transaction, Penn National will enter into a lease with Gaming and Leisure for the real estate assets associated with the Hollywood Casino Perryville facility with annual rent of approximately $7.77M. The transaction is expected to close in mid-2021.

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PENN Penn National
$82.44 /

-1.03 (-1.23%)

GLPI Gaming and Leisure Properties
$46.57 /

+0.1 (+0.22%)

PENN Penn National
$82.44 /

-1.03 (-1.23%)

05/07/21 Morgan Stanley
Penn National selloff 'feels overdone' after 'strong' Q1, says Morgan Stanley
05/06/21 Stifel
Stifel wouldn't expect Penn National Q1 beat to drive shares 'materially higher'
04/26/21 Needham
Penn National initiated with a Buy at Needham
04/21/21 Goldman Sachs
Penn National price target raised to $158 from $153 at Goldman Sachs
GLPI Gaming and Leisure Properties
$46.57 /

+0.1 (+0.22%)

05/24/21 Mizuho
Gaming and Leisure Properties price target raised to $50 from $49 at Mizuho
05/04/21 Mizuho
Gaming and Leisure Properties price target raised to $49 from $48 at Mizuho
05/03/21 Deutsche Bank
Gaming and Leisure Properties price target raised to $54 from $51 at Deutsche Bank
04/26/21 Ladenburg
Gaming and Leisure Properties price target raised to $51 from $47.50 at Ladenburg
PENN Penn National
$82.44 /

-1.03 (-1.23%)

GLPI Gaming and Leisure Properties
$46.57 /

+0.1 (+0.22%)

  • 30
    Oct
  • 25
    Sep
PENN Penn National
$82.44 /

-1.03 (-1.23%)

PENN Penn National
$82.44 /

-1.03 (-1.23%)

PENN Penn National
$82.44 /

-1.03 (-1.23%)

Recommendations
Gaming and Leisure Properties price target raised to $50 from $49 at Mizuho » 06:37
05/24/21
05/24
06:37
05/24/21
06:37
GLPI

Gaming and Leisure Properties

$45.85 /

+0.29 (+0.64%)

Mizuho analyst Haendel…

Mizuho analyst Haendel St. Juste raised the firm's price target on Gaming and Leisure Properties to $50 from $49 and keeps a Buy rating on the shares after hosting meetings with management. Gaming industry revenues have recovered to prior peak levels, driving better tenant health, St. Juste tells investors in a research note.

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GLPI Gaming and Leisure Properties
$45.85 /

+0.29 (+0.64%)

GLPI Gaming and Leisure Properties
$45.85 /

+0.29 (+0.64%)

05/04/21 Mizuho
Gaming and Leisure Properties price target raised to $49 from $48 at Mizuho
05/03/21 Deutsche Bank
Gaming and Leisure Properties price target raised to $54 from $51 at Deutsche Bank
04/26/21 Ladenburg
Gaming and Leisure Properties price target raised to $51 from $47.50 at Ladenburg
04/21/21
Fly Intel: Top five analyst initiations
GLPI Gaming and Leisure Properties
$45.85 /

+0.29 (+0.64%)

  • 30
    Oct
Hot Stocks
Gaming and Leisure Properties boosts dividend 3% to 67c per share » 17:49
05/20/21
05/20
17:49
05/20/21
17:49
GLPI

Gaming and Leisure Properties

$45.58 /

+0.26 (+0.57%)

Gaming and Leisure…

Gaming and Leisure Properties announced that the Company's Board of Directors declared the second quarter 2021 cash dividend of 67c per share of its common stock, an increase of 2c per share per quarter, or 3%. The dividend is payable on June 25 to shareholders of record on June 11.

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GLPI Gaming and Leisure Properties
$45.58 /

+0.26 (+0.57%)

GLPI Gaming and Leisure Properties
$45.58 /

+0.26 (+0.57%)

05/04/21 Mizuho
Gaming and Leisure Properties price target raised to $49 from $48 at Mizuho
05/03/21 Deutsche Bank
Gaming and Leisure Properties price target raised to $54 from $51 at Deutsche Bank
04/26/21 Ladenburg
Gaming and Leisure Properties price target raised to $51 from $47.50 at Ladenburg
04/21/21
Fly Intel: Top five analyst initiations
GLPI Gaming and Leisure Properties
$45.58 /

+0.26 (+0.57%)

  • 30
    Oct
Hot Stocks
Gaming and Leisure Properties raises quarterly dividend 3% to 67c per share » 17:39
05/20/21
05/20
17:39
05/20/21
17:39
GLPI

Gaming and Leisure Properties

$45.58 /

+0.26 (+0.57%)

Gaming and Leisure…

Gaming and Leisure Properties, Inc. announced that the company's Board of Directors declared the second quarter 2021 cash dividend of 67c per share of its common stock, an increase of 2c per share per quarter, or 3%. The dividend is payable on June 25, 2021 to shareholders of record on June 11, 2021. While the company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Board of Directors at its discretion.

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GLPI Gaming and Leisure Properties
$45.58 /

+0.26 (+0.57%)

GLPI Gaming and Leisure Properties
$45.58 /

+0.26 (+0.57%)

05/04/21 Mizuho
Gaming and Leisure Properties price target raised to $49 from $48 at Mizuho
05/03/21 Deutsche Bank
Gaming and Leisure Properties price target raised to $54 from $51 at Deutsche Bank
04/26/21 Ladenburg
Gaming and Leisure Properties price target raised to $51 from $47.50 at Ladenburg
04/21/21
Fly Intel: Top five analyst initiations
GLPI Gaming and Leisure Properties
$45.58 /

+0.26 (+0.57%)

  • 30
    Oct
Recommendations
Gaming and Leisure Properties price target raised to $49 from $48 at Mizuho » 06:41
05/04/21
05/04
06:41
05/04/21
06:41
GLPI

Gaming and Leisure Properties

/

+

Mizuho analyst Haendel…

Mizuho analyst Haendel St. Juste raised the firm's price target on Gaming and Leisure Properties to $49 from $48 and keeps a Buy rating on the shares. The company in Q1 not only benefited from the recovery of gaming revenue, but also improved its earnings growth outlook "while creatively sourcing another transaction with Bally's to enhance its growth," St. Juste tells investors in a research note.

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GLPI Gaming and Leisure Properties
/

+

GLPI Gaming and Leisure Properties
/

+

05/03/21 Deutsche Bank
Gaming and Leisure Properties price target raised to $54 from $51 at Deutsche Bank
04/26/21 Ladenburg
Gaming and Leisure Properties price target raised to $51 from $47.50 at Ladenburg
04/21/21
Fly Intel: Top five analyst initiations
04/21/21 Citi
Gaming and Leisure Properties initiated with a Buy at Citi
GLPI Gaming and Leisure Properties
/

+

  • 30
    Oct
Recommendations
Gaming and Leisure Properties price target raised to $54 from $51 at Deutsche Bank » 07:08
05/03/21
05/03
07:08
05/03/21
07:08
GLPI

Gaming and Leisure Properties

$46.50 /

-0.34 (-0.73%)

Deutsche Bank analyst…

Deutsche Bank analyst Carlo Santarelli raised the firm's price target on Gaming and Leisure Properties to $54 from $51 and keeps a Buy rating on the shares.

ShowHide Related Items >><<
GLPI Gaming and Leisure Properties
$46.50 /

-0.34 (-0.73%)

GLPI Gaming and Leisure Properties
$46.50 /

-0.34 (-0.73%)

04/26/21 Ladenburg
Gaming and Leisure Properties price target raised to $51 from $47.50 at Ladenburg
04/21/21
Fly Intel: Top five analyst initiations
04/21/21 Citi
Gaming and Leisure Properties initiated with a Buy at Citi
04/14/21 Mizuho
Gaming and Leisure Properties price target raised to $48 from $47 at Mizuho
GLPI Gaming and Leisure Properties
$46.50 /

-0.34 (-0.73%)

  • 30
    Oct
Over a quarter ago
Earnings
Gaming and Leisure Properties reports Q1 EPS 54c, consensus 55c » 16:30
04/29/21
04/29
16:30
04/29/21
16:30
GLPI

Gaming and Leisure Properties

$46.84 /

+0.79 (+1.72%)

Reports Q1 adjusted FFO…

Reports Q1 adjusted FFO 84c, consensus 78c. Reports Q1 revenue $301.5M, consensus $295.94M.

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GLPI Gaming and Leisure Properties
$46.84 /

+0.79 (+1.72%)

GLPI Gaming and Leisure Properties
$46.84 /

+0.79 (+1.72%)

04/26/21 Ladenburg
Gaming and Leisure Properties price target raised to $51 from $47.50 at Ladenburg
04/21/21
Fly Intel: Top five analyst initiations
04/21/21 Citi
Gaming and Leisure Properties initiated with a Buy at Citi
04/14/21 Mizuho
Gaming and Leisure Properties price target raised to $48 from $47 at Mizuho
GLPI Gaming and Leisure Properties
$46.84 /

+0.79 (+1.72%)

  • 30
    Oct

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