In the preceding three months, 12 analysts have released ratings for Gaming and Leisure Props GLPI, presenting a wide array of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 6 | 4 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 3 | 1 | 0 | 0 |
| 3M Ago | 2 | 3 | 2 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $53.12, with a high estimate of $61.00 and a low estimate of $48.00. This upward trend is evident, with the current average reflecting a 4.9% increase from the previous average price target of $50.64.
Understanding Analyst Ratings: A Comprehensive Breakdown
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 |
|---|---|---|---|---|---|
| Conor Siversky | Wells Fargo | Raises | Equal-Weight | $52.00 | $51.00 |
| James Feldman | Wells Fargo | Raises | Equal-Weight | $51.00 | $48.00 |
| Andrew Rosivach | Wolfe Research | Announces | Outperform | $57.00 | - |
| RJ Milligan | Raymond James | Raises | Outperform | $53.00 | $50.00 |
| Mitch Germain | JMP Securities | Raises | Market Outperform | $55.00 | $53.00 |
| Carlo Santarelli | Deutsche Bank | Raises | Hold | $48.00 | $47.00 |
| Brad Heffern | RBC Capital | Raises | Outperform | $53.00 | $52.00 |
| Simon Yarmak | Stifel | Raises | Buy | $52.50 | $52.00 |
| Greg McGinniss | Scotiabank | Raises | Sector Perform | $50.00 | $48.00 |
| Robin Farley | UBS | Raises | Buy | $61.00 | $56.00 |
| Brad Heffern | RBC Capital | Raises | Outperform | $52.00 | $47.00 |
| Mitch Germain | JMP Securities | Maintains | Market Outperform | $53.00 | $53.00 |
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: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Gaming and Leisure Props compared to the broader market.
- 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.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Gaming and Leisure Props's market standing. Stay informed and make well-considered 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.
Gaming and Leisure Props's Financial Performance
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
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. 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 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 ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 5.04% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Gaming and Leisure Props's ROA stands out, surpassing industry averages. With an impressive ROA of 1.77%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Gaming and Leisure Props's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.67.
The Core of Analyst Ratings: What Every Investor Should Know
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.
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.
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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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