Throughout the last three months, 9 analysts have evaluated Gaming and Leisure Props GLPI, offering a diverse set of opinions from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 5 | 3 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 1 | 0 | 0 |
| 2M Ago | 1 | 2 | 2 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
Analysts have set 12-month price targets for Gaming and Leisure Props, revealing an average target of $50.0, a high estimate of $53.00, and a low estimate of $46.00. Experiencing a 1.05% decline, the current average is now lower than the previous average price target of $50.53.
Understanding Analyst Ratings: A Comprehensive Breakdown
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.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Mitch Germain | JMP Securities | Maintains | Market Outperform | $53.00 | $53.00 |
| James Feldman | Wells Fargo | Lowers | Equal-Weight | $48.00 | $49.00 |
| Mitch Germain | JMP Securities | Maintains | Market Outperform | $53.00 | $53.00 |
| Richard Anderson | Wedbush | Maintains | Outperform | $51.00 | $51.00 |
| Simon Yarmak | Stifel | Raises | Buy | $51.00 | $50.75 |
| Nicholas Yulico | Scotiabank | Raises | Sector Perform | $48.00 | $47.00 |
| Vikram Malhorta | Mizuho | Lowers | Neutral | $46.00 | $47.00 |
| Brad Heffern | RBC Capital | Lowers | Outperform | $47.00 | $49.00 |
| Ronald Kamdem | Morgan Stanley | Lowers | Overweight | $53.00 | $55.00 |
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: Unveiling insights, analysts deliver qualitative insights into stock performance, 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 gauge the dynamics of price targets, providing estimates for the future value of Gaming and Leisure Props's stock. This comparison reveals trends in analysts' expectations over time.
To gain a panoramic view of Gaming and Leisure Props's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using 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: A Financial Overview
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in 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 surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 46.38% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Gaming and Leisure Props's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 4.21%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.48%, the company showcases effective utilization of assets.
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.
Understanding the Relevance of Analyst Ratings
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
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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