Headlines about Gaming and Leisure Properties (NASDAQ:GLPI) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Gaming and Leisure Properties earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave press coverage about the real estate investment trust an impact score of 47.0897463924648 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

A number of equities research analysts have weighed in on GLPI shares. Zacks Investment Research raised shares of Gaming and Leisure Properties from a “hold” rating to a “buy” rating and set a $38.00 target price on the stock in a report on Wednesday, May 2nd. BidaskClub raised shares of Gaming and Leisure Properties from a “hold” rating to a “buy” rating in a report on Friday, June 22nd. Morgan Stanley boosted their target price on shares of Gaming and Leisure Properties from $36.00 to $37.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 17th. ValuEngine lowered shares of Gaming and Leisure Properties from a “buy” rating to a “hold” rating in a report on Wednesday, April 4th. Finally, Bank of America boosted their target price on shares of Gaming and Leisure Properties from $31.00 to $32.00 and gave the stock an “underperform” rating in a report on Tuesday, April 17th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $38.29.

Shares of NASDAQ:GLPI traded up $0.02 during trading on Thursday, reaching $35.60. The stock had a trading volume of 7,846 shares, compared to its average volume of 1,405,525. The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.69 and a current ratio of 0.69. Gaming and Leisure Properties has a 52 week low of $32.51 and a 52 week high of $39.32. The firm has a market cap of $7.60 billion, a P/E ratio of 11.29 and a beta of 0.80.

Gaming and Leisure Properties (NASDAQ:GLPI) last posted its quarterly earnings data on Wednesday, April 25th. The real estate investment trust reported $0.45 EPS for the quarter, missing the Zacks’ consensus estimate of $0.76 by ($0.31). Gaming and Leisure Properties had a net margin of 39.42% and a return on equity of 15.51%. The firm had revenue of $244.05 million during the quarter, compared to the consensus estimate of $249.20 million. During the same period in the prior year, the company posted $0.45 earnings per share. The company’s revenue for the quarter was up .6% compared to the same quarter last year. sell-side analysts anticipate that Gaming and Leisure Properties will post 3.07 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 29th. Stockholders of record on Friday, June 15th were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 7.08%. The ex-dividend date was Thursday, June 14th. Gaming and Leisure Properties’s dividend payout ratio is currently 80.00%.

In other news, Director E Scott Urdang acquired 3,000 shares of Gaming and Leisure Properties stock in a transaction dated Friday, June 8th. The shares were bought at an average cost of $35.32 per share, with a total value of $105,960.00. Following the purchase, the director now owns 62,971 shares in the company, valued at approximately $2,224,135.72. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 5.88% of the company’s stock.

About Gaming and Leisure Properties

GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.

Insider Buying and Selling by Quarter for Gaming and Leisure Properties (NASDAQ:GLPI)

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