In the latest quarter, 6 analysts provided ratings for Gaming and Leisure Props GLPI, showcasing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 4 | 2 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 0 | 2 | 1 | 0 | 0 |
2M Ago | 0 | 1 | 0 | 0 | 0 |
3M Ago | 0 | 0 | 1 | 0 | 0 |
Analysts have recently evaluated Gaming and Leisure Props and provided 12-month price targets. The average target is $50.67, accompanied by a high estimate of $53.00 and a low estimate of $47.00. Witnessing a positive shift, the current average has risen by 0.84% from the previous average price target of $50.25.
Breaking Down Analyst Ratings: A Detailed Examination
The standing of Gaming and Leisure Props among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Ronald Kamdem | Morgan Stanley | Lowers | Overweight | $53.00 | $55.00 |
Vikram Malhorta | Mizuho | Lowers | Neutral | $47.00 | $49.00 |
Mitch Germain | JMP Securities | Maintains | Market Outperform | $53.00 | - |
Brad Heffern | RBC Capital | Lowers | Outperform | $49.00 | $50.00 |
Mitch Germain | JMP Securities | Maintains | Market Outperform | $53.00 | - |
Vikram Malhorta | Mizuho | Raises | Neutral | $49.00 | $47.00 |
Key Insights:
- 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.
- 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.
- Price Targets: Analysts predict movements in price targets, offering estimates for Gaming and Leisure Props's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Gaming and Leisure Props's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Gaming and Leisure Props analyst ratings.
Get to Know Gaming and Leisure Props Better
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.
Financial Insights: Gaming and Leisure Props
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: Gaming and Leisure Props's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 9.7%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Real Estate sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Gaming and Leisure Props's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 57.22% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Gaming and Leisure Props's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 5.2% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Gaming and Leisure Props's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.83% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.65.
The Basics of Analyst Ratings
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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