Fintel reports on April 6, 2023, Raymond James
will be saved
Coverage of Gaming and Leisure Properties (NASDAQ:GLPI) with a outperform recommendation
Analytical Price Forecast Suggests a 12.54% rise
As of April 6, 2023, half a year target price for Gaming and Leisure Properties is $57.74. Forecasts range from a low of $50.50 to a high of $64.05. The average price target indicates a growth of 12.54% from the last reported closing price of $51.31.
See our on the company leaderboard with the highest price they excite the target.
Projected annual revenue in Gaming and Leisure Properties is $1,404MM, an increase of 7.04%. Non-GAAP annual projection EPS
Sports and Leisure Properties declares a $0.72 Dividend
On February 22, 2023, the gathering was declared a regular quarterly dividend of $0.72 per share (2.88 annualized). Shareholders of record on April 10, 2023 received payment on March 24, 2023. Previously, the company paid $0.70 per share.
At the current share price of $51.31/share, the stock’s dividend yield is 5.61%. Looking back over five years and taking a sample every week, the average dividend yield was 6.53%, the lowest was 5.00%, the highest was 14.32%. The standard deviation yield is 1.26 (n=236).
The current dividend yield is 0.73 standard deviations below the historical average.
Additionally, the company’s dividend payout ratio is 1.10. The payout ratio tells us how much of the company’s income is paid out in dividends. A payout ratio of one (1.0) means paying 100% of the company’s dividend income. A payout ratio greater than one means the company is dipping into savings to meet its dividend – not a healthy position. Companies with few growth prospects are expected to spend the largest portion of their income on dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth opportunities are expected to retain some profits to invest in those growth opportunities, which translates to a payout ratio of 0.5.
The company’s 3-Year dividend growth rate is 0.03%, showing that the dividend has been increasing over the period.
What other partners do you do?
USEQ – Invesco Russell 1000 Equitable Weight ETF
holds 0K shares which is 0.00% ownership of the company. Nothing to change in the last part.
Guardian Variable Products Trust – Guardian Mid Cap Relative Value VIP Fund
holds 62K shares representing 0.02% of the company’s ownership. In a previous filing, the firm reported holding 68K shares, representing
of 9.83% firm
its portfolio allocation in GLPI by 1.88% over the last quarter.
RYDEX VARIABLE TRUST – Real Estate Fund variable annuity
holds 1K shares which represent 0.00% ownership of the company. In an earlier filing, the firm reported owning 1K shares, representing
of 18.08% firm
Its portfolio allocation in GLPI increased by 7.49% over the last quarter.
Spirit Of America Management
He holds 34K shares, which is a 0.01% stake in the company. Nothing to change in the last part.
Latin Life of Aberdon
has 1,264K shares representing 0.48% ownership of the company. In its previous filing, the firm reported holding 1,313K shares, representing
of 3.90% firm
Its portfolio allocation in GLPI increased by 63.03% over the last quarter.
What is Fund Sentencing?
are 987 funds or institutions reporting positions in Children and Leisure Properties. This is an increase of 45 owner(s) or 4.78% in the last quarter. Average portfolio weight all the money dedicated GLPI 0.47%, an increase of 6.77%. Total shares outstanding in the last three months increased by 2.59% to 313,332K shares.
The put/call System GLPI 0.10 indicating a bullish outlook.
Children and Leisure Properties Background Information
(This description is provided by the company.)
GLPI is engaged in the business of acquiring, financing, and owning the real estate market of the leased operators in the triple lease arrangement, seeking to which the tenant is responsible for all maintenance facilities, insurance in connection with the leased properties and insurance requirements. business to be done on the leased property, levies or levies on or in respect of the leased property and all utilities and other services necessary or appropriate for the leased property and business in the leased property. GLPI was elected to be taxed as a real estate investment trust for US federal income tax purposes beginning in the 2014 federal income tax year and was the first gaming-focused REIT in North America.
See all Sports and Leisure Properties regulatory filing.
This story first appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.