Gaming and Leisure Props Stock (NASDAQ: GLPI)

Gaming and Leisure Props (NASDAQ:GLPI) Stock, Quote.Headers.trade-ideas

Gaming and Leisure Props

Gaming and Leisure Properties Inc, or GLP, is a real estate investment property trust whose primary business consists of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The GLPI's portfolio consisted of interests in sixty one gaming and related facilities, the real property associated with thirty four gaming and related facilities operated by PENN, the real property associated with six gaming and related facilities operated by Caesars Entertainment Corporation.

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Gaming and Leisure Properties, Inc. - Common Stock

Gaming and Leisure Properties Inc

Wells Fargo analyst James Feldman maintains Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) with a Equal-Weight and raises the price target from $48 to $51.

Price Target

Wells Fargo Maintains Equal-Weight on Gaming and Leisure Props, Raises Price Target to $51

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page.</a>
<ul>
<li><a href="https://www.benzinga.com/topic/edward-kelly">Wells Fargo analyst Edward Kelly </a>upgraded the rating for BJ&#8217;s Wholesale Club Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BJ#NYSE">BJ</a>) from Equal-Weight to Overweight and raised the price target from $75 to $92. BJ&#8217;s Wholesale shares fell 6.8% to close at $81.66 on Thursday. <a href="https://www.benzinga.com/quote/BJ/analyst-ratings">See how other analysts view this stock.</a></li>
<li>HSBC analyst Stephen Bersey upgraded Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) from Reduce to Hold and announced a price target of $121. Snowflake shares fell 14.7% to close at $115.21 on Thursday. <a href="https://www.benzinga.com/quote/SNOW/analyst-ratings">See how other analysts view this stock.</a></li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/584fea22ee7bf600019078d5/arun-viswanathan">RBC Capital analyst Arun Viswanathan</a> upgraded the rating for Westlake Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WLK#NYSE">WLK</a>) from Sector Perform to Outperform, while increasing the price target from $157 to $174. Westlake shares fell 0.7% to close at $144.58 on Thursday. <a href="https://www.benzinga.com/quote/WLK/analyst-ratings">See how other analysts view this stock.</a></li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5dfb69d73513fb0001efda64/nicholas-jones">JMP Securities analyst Nicholas Jones</a> upgraded Warby Parker Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WRBY#NYSE">WRBY</a>) from Market Perform to Market Outperform and announced a price target of $20. Warby Parker shares fell 1.3% to settle at $13.86 on Thursday. <a href="https://www.benzinga.com/quote/WRBY/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wolfe Research analyst Andrew Rosivach upgraded the rating for Gaming and Leisure Properties, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) from Peer Perform to Outperform, while announcing a price target of $57. Gaming and Leisure Props shares fell 0.5% to close at $49.74 on Thursday. See how other analysts view this stock. <a href="https://www.benzinga.com/quote/GLPI/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying SNOW stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="504" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/23084540/image-224-1024x504.png" alt="" class="wp-image-510822" style="width:638px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/23084540/image-224-1024x504.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/23084540/image-224-300x148.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/23084540/image-224-768x378.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/23084540/image-224.png 1356w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>

Wolfe Research analyst Andrew Rosivach upgrades Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) from Peer Perform to Outperform and announces $57 price target.

Wolfe Research Upgrades Gaming and Leisure Props to Outperform, Announces $57 Price Target

Raymond James analyst RJ Milligan maintains Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) with a Outperform and raises the price target from $50 to $53.

Raymond James Maintains Outperform on Gaming and Leisure Props, Raises Price Target to $53

Ratings for Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) were provided by 15 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Gaming and Leisure Props and provided 12-month price targets. The average target is $52.1, accompanied by a high estimate of $61.00 and a low estimate of $48.00. Marking an increase of 2.2%, the current average surpasses the previous average price target of $50.98. 
<img src="https://www.benzinga.com/files/images/story/2024/1723474833_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
A clear picture of Gaming and Leisure Props's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Mitch Germain</td>
<td>JMP Securities</td>
<td>Raises</td>
<td>Market Outperform</td>
<td>$55.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Carlo Santarelli</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Hold</td>
<td>$48.00</td>
<td>$47.00</td>
</tr>
<tr>
<td>Brad Heffern</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$53.00</td>
<td>$52.00</td>
</tr>
<tr>
<td>Simon Yarmak</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$52.50</td>
<td>$52.00</td>
</tr>
<tr>
<td>Greg McGinniss</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$50.00</td>
<td>$48.00</td>
</tr>
<tr>
<td>Robin Farley</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$61.00</td>
<td>$56.00</td>
</tr>
<tr>
<td>Brad Heffern</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$52.00</td>
<td>$47.00</td>
</tr>
<tr>
<td>Mitch Germain</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$53.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Ronald Kamdem</td>
<td>Morgan Stanley</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$53.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Mitch Germain</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$53.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>James Feldman</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$48.00</td>
<td>$49.00</td>
</tr>
<tr>
<td>Mitch Germain</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$53.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Richard Anderson</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$51.00</td>
<td>$51.00</td>
</tr>
<tr>
<td>Simon Yarmak</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$51.00</td>
<td>$50.75</td>
</tr>
<tr>
<td>Nicholas Yulico</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$48.00</td>
<td>$47.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Gaming and Leisure Props. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Gaming and Leisure Props compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Gaming and Leisure Props's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Capture valuable insights into Gaming and Leisure Props's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/GLPI/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Gaming and Leisure Props analyst ratings.</a>
<h2>Discovering Gaming and Leisure Props: A Closer Look</h2>
Gaming and Leisure Properties Inc, or GLP, is a real estate investment property trust whose primary business consists of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The GLPI's portfolio consisted of interests in sixty one gaming and related facilities, the real property associated with thirty four gaming and related facilities operated by PENN, the real property associated with six gaming and related facilities operated by Caesars Entertainment Corporation.
<h3>Unraveling the Financial Story of Gaming and Leisure Props</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Gaming and Leisure Props's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 6.74%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Real Estate sector.
Net Margin: Gaming and Leisure Props's net margin excels beyond industry benchmarks, reaching 54.69%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Gaming and Leisure Props's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 5.04%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Gaming and Leisure Props's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.77%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.67.
<h2>What Are Analyst Ratings?</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

15 Analysts Assess Gaming and Leisure Props: What You Need To Know

JMP Securities analyst Mitch Germain maintains Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) with a Market Outperform and raises the price target from $53 to $55.

JMP Securities Maintains Market Outperform on Gaming and Leisure Props, Raises Price Target to $55

Deutsche Bank analyst Carlo Santarelli maintains Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) with a Hold and raises the price target from $47 to $48.

Deutsche Bank Maintains Hold on Gaming and Leisure Props, Raises Price Target to $48

RBC Capital analyst Brad Heffern maintains Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) with a Outperform and raises the price target from $52 to $53.

RBC Capital Maintains Outperform on Gaming and Leisure Props, Raises Price Target to $53

Stifel analyst Simon Yarmak maintains Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) with a Buy and raises the price target from $52 to $52.5.

Stifel Maintains Buy on Gaming and Leisure Props, Raises Price Target to $52.5

Guidance

Gaming And Leisure Properties Raises FY24 AFFO Forecast From $3.71 - $3.74 To $3.74 - $3.76 (Est $3.75)

Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) reported quarterly earnings of $0.94 per share which met the analyst consensus estimate. This is a 2.17 percent increase over earnings of $0.92 per share from the same period last year. The company reported quarterly sales of $380.626 million which beat the analyst consensus estimate of $377.213 million by 0.90 percent. This is a 6.74 percent increase over sales of $356.589 million the same period last year.

Earnings

Earnings Beats

Gaming and Leisure Props Q2 2024 FFO Per Share $0.94, Inline, Sales $380.626M Beat $377.213M Estimate

Scotiabank analyst Greg McGinniss maintains Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) with a Sector Perform and raises the price target from $48 to $50.

Scotiabank Maintains Sector Perform on Gaming and Leisure Props, Raises Price Target to $50

UBS analyst Robin Farley maintains Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) with a Buy and raises the price target from $56 to $61.

UBS Maintains Buy on Gaming and Leisure Props, Raises Price Target to $61

Throughout the last three months, 11 analysts have evaluated Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>), offering a diverse set of opinions from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $50.45, with a high estimate of $53.00 and a low estimate of $46.00. This current average reflects an increase of 0.4% from the previous average price target of $50.25. 
<img src="https://www.benzinga.com/files/images/story/2024/1721059211_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Gaming and Leisure Props. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brad Heffern</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$52.00</td>
<td>$47.00</td>
</tr>
<tr>
<td>Mitch Germain</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$53.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Ronald Kamdem</td>
<td>Morgan Stanley</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$53.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Mitch Germain</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$53.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>James Feldman</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$48.00</td>
<td>$49.00</td>
</tr>
<tr>
<td>Mitch Germain</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$53.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Richard Anderson</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$51.00</td>
<td>$51.00</td>
</tr>
<tr>
<td>Simon Yarmak</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$51.00</td>
<td>$50.75</td>
</tr>
<tr>
<td>Nicholas Yulico</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$48.00</td>
<td>$47.00</td>
</tr>
<tr>
<td>Vikram Malhorta</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$46.00</td>
<td>$47.00</td>
</tr>
<tr>
<td>Brad Heffern</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$47.00</td>
<td>$49.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Gaming and Leisure Props. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Gaming and Leisure Props compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Gaming and Leisure Props's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Gaming and Leisure Props's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/GLPI/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Gaming and Leisure Props analyst ratings.</a>
<h2>Delving into Gaming and Leisure Props's Background</h2>
Gaming and Leisure Properties Inc, or GLP, is a real estate investment property trust whose primary business consists of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The GLPI's portfolio consisted of interests in sixty one gaming and related facilities, the real property associated with thirty four gaming and related facilities operated by PENN, the real property associated with six gaming and related facilities operated by Caesars Entertainment Corporation.
<h3>Gaming and Leisure Props: Financial Performance Dissected</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Over the 3 months period, Gaming and Leisure Props showcased positive performance, achieving a revenue growth rate of 5.84% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Real Estate sector.
Net Margin: Gaming and Leisure Props's net margin excels beyond industry benchmarks, reaching 46.38%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Gaming and Leisure Props's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 4.21%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Gaming and Leisure Props's ROA excels beyond industry benchmarks, reaching 1.48%. This signifies efficient management of assets and strong financial health.
Debt Management: Gaming and Leisure Props's debt-to-equity ratio is below the industry average. With a ratio of 1.67, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>How Are Analyst Ratings Determined?</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Forecasting The Future: 11 Analyst Projections For Gaming and Leisure Props

RBC Capital analyst Brad Heffern maintains Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) with a Outperform and raises the price target from $47 to $52.

RBC Capital Maintains Outperform on Gaming and Leisure Props, Raises Price Target to $52

JMP Securities analyst Mitch Germain reiterates Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) with a Market Outperform and maintains $53 price target.

Reiteration

JMP Securities Reiterates Market Outperform on Gaming and Leisure Props, Maintains $53 Price Target

Multi-Faceted Transaction Further Expands and Diversifies GLPI&#39;s Industry-Leading Regional Property Portfolio; Provides Bally&#39;s with Financing for its Highly-Anticipated Flagship Chicago Casino Facility. 
GLPI intends to fund construction hard costs of up to&nbsp;$940 million&nbsp;at an&nbsp;8.5%&nbsp;initial cash yield with the remainder to be funded by Bally&#39;s with the sale leaseback proceeds related to Bally&#39;s Kansas City and Bally&#39;s Shreveport along with other funding sources such as Bally&#39;s Chicago&#39;s planned initial public offering and cash flows from operations. Funding is expected to occur from August 2024 through December 2026.

BALY

Gaming And Leisure Properties Enters Binding Term Sheet With Bally's Corporation: Deal Totals $1.585B At Blended 8.3% Initial Cash Yield

In addition, GLPI secured adjustments to improve the purchase price and related cap rate related to the existing, previously announced, contingent purchase option for Bally&#39;s Lincoln Casino Resort (&quot;Bally&#39;s Lincoln&quot;), as well as the addition of a right for GLPI to call the asset beginning on October 1, 2026.

Gaming And Leisure Properties Enters Binding Term Sheet With Bally's Corporation: Company To Buy Real Property Assets Of Bally's Kansas City Casino  Bally's Shreveport Casino, And Land Under Bally's Permanent Chicago Casino For $1.585B

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Shares of REITs are trading higher following softer-than-expected June CPI data, which could raise expectations of rate cuts.

Morgan Stanley analyst Ronald Kamdem maintains Gaming and Leisure Props (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>) with a Overweight and maintains $53 price target.

Morgan Stanley Maintains Overweight on Gaming and Leisure Props, Maintains $53 Price Target

Gaming and Leisure Properties: Undervalued Despite Top-Tier Quarterly Results

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Wells Fargo analyst James Feldman maintained a Hold rating on Gaming and Leisure (GLPI – Research Report) today and set a price target of $51.00. T...

Wells Fargo Sticks to Their Hold Rating for Gaming and Leisure (GLPI)

Gaming and Leisure Properties declares $0.76 dividend

As real estate usually appreciates in inflationary climates, REITs are the most feasible way to invest. Therefore, it could be wise to explore investments in robust REITs such as American Tower (AMT), Gaming and Leisure Properties (GLPI), and Simon Property Group (SPG) for inflation-protected income. Keep reading… REITs offer inflation-protected income as they own assets like real estate, which can adjust rents and values in response to rising prices. Therefore, fundamentally strong REITs, American Tower Corporation (<a href="https://stocknews.com/stock/AMT/">AMT</a>), Gaming and Leisure Properties, Inc. (<a href="https://stocknews.com/stock/GLPI/">GLPI</a>), and Simon Property Group, Inc. (<a href="https://stocknews.com/stock/SPG/">SPG</a>) might be worthy buys to ensure an inflation-protected income.
The core personal consumption expenditures (PCE) price index <a href="https://www.cnbc.com/2024/08/30/pce-inflation-july-2024.html">rose by 0.2% in July</a>, marking a 2.6% increase over the past year. This inflation measure, closely watched by the Federal Reserve, showed a slight uptick as the central bank prepares for its first interest rate cut in over four years.
Amid a high inflation environment, REITs may provide natural protection against inflation. <a href="https://www.reit.com/investing/investment-benefits-reits/reits-and-inflation-protection">Real estate rents and values tend to increase when prices do</a>; this may support REIT dividend growth and provide a reliable income stream even during inflationary periods.
<h4>Considering these conducive trends, let's take a look at the fundamentals of the three best REIT stocks.</h4>
American Tower Corporation (<a href="https://stocknews.com/stock/AMT/">AMT</a>)
AMT is a leading independent owner, operator, and developer of multitenant communications real estate with a portfolio of over 224,000 communications sites and a highly interconnected footprint of U.S. data center facilities.
AMT pays a $6.56 per share dividend annually, translating to a 2.79% yield on the current share price. Its four-year dividend yield is 2.54%. Also, the company's dividend payouts have increased at a CAGR of 10.5% over the past three years.
AMT's 3.78% trailing-12-month Return on Total Assets is 191.5% higher than the industry average of 1.30%. Furthermore, the stock's 21.95% trailing-12-month net income margin is 135.4% higher than the industry average of 9.33%.
AMT's total revenue for the second quarter ended June 30, 2024, was reported at $2.90 billion, up 4.6% year-over-year. Net income attributable to AMT common stockholders grew 89.3% year-over-year to $900 million. Net income attributable to AMT common stockholders per share increased 88.2% year-over-year to $1.92.
Street expects AMT's revenue for the quarter ending September 2024 to increase marginally year-over-year to $2.83 billion. Its <a href="https://www.investopedia.com/terms/d/dilutedeps.asp">EPS</a> is expected to be $2.45 for the same quarter. AMT surpassed the consensus revenue estimates in each of the trailing four quarters, which is impressive.
The stock gained 11% over the past nine to close the last trading session at $233.64.  
AMT's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its robust outlook. The stock has an overall rating of B, which translates to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.    
AMT also has an A grade for Sentiment and a B for Momentum, Stability, Growth, and Quality. It is ranked #3 out of 45 stocks in the <a href="https://stocknews.com/category/reits-diversified/">REITs - Diversified</a> industry. 
Beyond what is stated above, we've also rated AMT for Value. Get all AMT ratings <a href="https://stocknews.com/stock/AMT/">here</a>.
Gaming and Leisure Properties, Inc. (<a href="https://stocknews.com/stock/GLPI/">GLPI</a>)
GLPI is a self-administered and self-managed Pennsylvania real estate investment trust that acquires, finances, and owns real estate property to lease to gaming operators in triple-net lease arrangements.
On July 12, 2024, GLPI announced that it had entered into a binding term sheet with Bally's Corporation (<a href="https://stocknews.com/stock/BALY/">BALY</a>), pursuant to which the company plans to acquire the real estate assets of BALY's Kansas City Casino, BALY's Shreveport Casino &amp; Hotel, and the land under BALY's permanent Chicago casino. Additionally, it will provide construction financing for BALY's Chicago Casino Resort, with a total investment of about $1.59 trillion.
GLPI pays a $3.04 per share dividend annually, which translates to a 5.85% yield on the current share price. Its four-year dividend yield is 6.11%. The company's dividend payouts have grown at a CAGR of 5.8% over the past three years.
In terms of the trailing-12-month gross profit margin, GLPI's 96.53% is 46.7% higher than the 65.79% industry average. Its 52.39% trailing-12-month net income margin is 461.6% higher than the 9.33% industry average. Likewise, the stock's 6.61% trailing-12-month ROTA is 409.2% higher than the 1.30% industry average.
GLPI's total income from real estate for the fiscal second quarter that ended June 30, 2024, increased 6.5% year-over-year to $380.63 million. Net income attributable to common shareholders and earnings per share stood at $208.25 million and $0.77, up 33.8% and 30.5% year-over-year, respectively.
For the third quarter ending September 2024, GLPI's revenue is expected to increase 7% year-over-year to $385.19 million. Its FFO for the same quarter is expected to increase 3% year-over-year to $0.97. GLPI surpassed the consensus revenue estimates in each of the trailing four quarters. 
GLPI gained 15.6% over the past three months to close its last trading session at $51.50.
GLPI has an overall B rating, equating to a Buy in our proprietary rating system.
GLPI has a B grade for Momentum, Quality, and Stability. It is ranked #5 out of 45 stocks in the REITs - Diversified industry.
For additional GLPI's Growth, Sentiment, and Value, click <a href="https://stocknews.com/stock/GLPI/">here</a>.
Simon Property Group, Inc. (<a href="https://stocknews.com/stock/SPG/">SPG</a>)
SPG is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment, and mixed-use destinations and is an S&amp;P 100 company.
On July 10, SPG and BP p.l.c. (<a href="https://stocknews.com/stock/BP/">BP</a>) entered into a deal for BP's global EV charging business, BP pulse, under which BP will install and operate EV charging gigahubs on 75 sites with SPG. Under the arrangement, BP pulse will install its ultra-fast gigahubs at 75 Simon&#xAE; locations. This will add over 900 charging bays across the United States.
SPG pays a $8.20 per share dividend annually, translating to a 4.97% yield on the current share price. Its four-year dividend yield is 5.59%. Also, the company's dividend payouts have increased at a CAGR of 14.2% over the past three years.
SPG's 7.70% trailing-12-month Return on Total Assets is 493.5% higher than the industry average of 1.30%. Furthermore, the stock's 44.01% trailing-12-month net income margin is 371.9% higher than the industry average of 9.33%.
SPG's total revenue increased 6.6% year-over-year to $1.46 billion during the second quarter ended June 30, 2024. Its consolidated net income rose 2.1% from the year-ago value to $569.44 million. The company's earnings per share increased 1.3% year-over-year to $1.51.
Street expects SPG's revenue for the fiscal year 2025 to increase 3.1% year-over-year to $5.49 billion. For the fiscal year 2024, the company's EPS is expected to grow 2.4% year-over-year to $12.81. Furthermore, the company surpassed the consensus revenue estimates in each of the trailing four quarters.
SPG's stock has gained 25.5% over the past nine months and 42.8% over the past year to close the last trading session at $164.18.
It's no surprise that SPG has an overall rating of B, which translates to Buy in our POWR Ratings system.
SPG has a B grade for Momentum, Sentiment, and Quality. It is ranked #2 out of 30 stocks in the <a href="https://stocknews.com/category/reits-retail/">REITs - Retail</a> industry.
For additional SPG's Growth, Stability, and Value, click <a href="https://stocknews.com/stock/SPG/">here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
AMT shares were trading at $234.98 per share on Friday afternoon, up $1.34 (+0.57%). Year-to-date, AMT has gained 10.74%, versus a 14.44% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Nidhi Agarwal</h2> <img src='https:/wp-content/uploads/2023/03/Nidhi-Agarwal_Headshot-3.jpg' style="float:left; padding:5px;width:125px;">Nidhi is passionate about the capital market and wealth management, which led her to pursue a career as an investment analyst. She holds a bachelor's degree in finance and marketing and is pursuing the CFA program.

Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities.<a href="https://stocknews.com/authors/?author=nidhi-agarwal">More...</a>The post <a href=https://stocknews.com/news/amt-spg-glpi-baly-bp-3-reits-to-buy-for-inflation-protected-income/>3 REITs to Buy for Inflation-Protected Income</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

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Press Releases

Gaming and Leisure Properties to Provide Casino Queen Holdings with $111 Million Funding for Landside Move of Belle of Baton Rouge

Gaming and Leisure Properties, Inc. Schedules Second Quarter 2024 Earnings Release and Conference Call

Contracts

Gaming and Leisure Properties Enters into Sale Leaseback and Development Funding Transactions with Bally's Corporation Totaling $1.585 Billion at Blended 8.3% Initial Cash Yield

Bally's Secures Funding Commitment that Aggregates $2.07 Billion from Gaming and Leisure Properties

Bally's Announces Refreshed Site Plan that Restores 500-room Hotel Tower Plan into Single-Phase Project

Gaming and Leisure Properties Reports Record Second Quarter 2024 Results and Increases 2024 Full Year Guidance

Gaming and Leisure Properties Announces Pricing of $800,000,000 of 5.625% Senior Notes Due 2034 and $400,000,000 of 6.250% Senior Notes Due 2054

PENN Entertainment Reports Second Quarter Results

Dividends

Gaming and Leisure Properties, Inc. Declares Third Quarter 2024 Cash Dividend of $0.76 Per Share

Gaming and Leisure Properties Closes on $250 Million Land Acquisition, the Site for Bally's Future Chicago Flagship Casino

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Gaming and Leisure Props

Gaming and Leisure Props (GLPI) Forecast

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