Gaming and Leisure Properties Inc (NASDAQ:GLPI) shares, rose in value on Friday, January 24, with the stock price up by 0.69% to the previous day’s close as strong demand from buyers drove the stock to $48.11.
Actively observing the price movement in the last trading, the stock closed the session at $47.78, falling within a range of $47.55 and $48.28. The value of beta (5-year monthly) was 0.999 whereas the PE ratio was 16.81 over 12-month period. Referring to stock’s 52-week performance, its high was $52.60, and the low was $41.80. On the whole, GLPI has fluctuated by 2.19% over the past month.
With the market capitalization of Gaming and Leisure Properties Inc currently standing at about $13.20 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 3.04, with its dividend yield at 6.32%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.53B, with a low estimate of 378.15M and a high estimate of 398.68M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 391.54M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GLPI’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 4.37, with the price of GLPI currently trading nearly 1.10% and -1.68% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.45, while the 7-day volatility ratio is showing 1.59% which for the 30-day chart, stands at 1.59%. Furthermore, Gaming and Leisure Properties Inc (GLPI)’s beta value is 1.02, and its average true range (ATR) is 0.87.
A comparison of Gaming and Leisure Properties Inc (GLPI) with its peers suggests the former has fared considerably weaker in the market. GLPI showed an intraday change of 0.69% in last session, and over the past year, it grew by 3.35%%.
Data on historical trading for Gaming and Leisure Properties Inc (NASDAQ:GLPI) indicates that the trading volumes over the past 10 days have averaged 1.06 and over the past 3 months, they’ve averaged 1.22 million. According to company’s latest data on outstanding shares, there are 274.39 million shares outstanding.
Nearly 4.42% of Gaming and Leisure Properties Inc’s shares belong to company insiders and institutional investors own 94.33% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.6 million shares as on 2024-12-31, resulting in a short ratio of 3.84. According to the data, the short interest in Gaming and Leisure Properties Inc (GLPI) stood at 238.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 5.25 million. The stock has fallen by -0.10% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GLPI stock heading into the next quarter.
