Media stories about Gaming and Leisure Properties (NASDAQ:GLPI) have trended somewhat positive on Sunday, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty 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 closest to one being the most favorable. Gaming and Leisure Properties earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 46.2443660528912 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the news headlines that may have impacted Accern Sentiment’s scoring:

Several equities analysts have recently issued reports on GLPI shares. BidaskClub raised shares of Gaming and Leisure Properties from a “hold” rating to a “buy” rating in a research note on Friday, June 22nd. Zacks Investment Research downgraded shares of Gaming and Leisure Properties from a “buy” rating to a “hold” rating in a research note on Wednesday, June 27th. Oppenheimer initiated coverage on shares of Gaming and Leisure Properties in a research note on Tuesday, August 14th. They set an “outperform” rating and a $41.00 target price for the company. Credit Suisse Group initiated coverage on shares of Gaming and Leisure Properties in a research note on Tuesday, August 14th. They set an “outperform” rating and a $41.00 target price for the company. Finally, Barclays lowered their target price on shares of Gaming and Leisure Properties from $46.00 to $45.00 and set an “overweight” rating for the company in a research note on Thursday, July 12th. Three analysts have rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $39.00.

Shares of NASDAQ GLPI traded up $0.05 during mid-day trading on Friday, reaching $34.66. 1,402,345 shares of the company’s stock traded hands, compared to its average volume of 877,093. Gaming and Leisure Properties has a 1-year low of $32.51 and a 1-year high of $37.98. The stock has a market capitalization of $7.37 billion, a P/E ratio of 11.02, a P/E/G ratio of 1.05 and a beta of 0.77. The company has a debt-to-equity ratio of 1.89, a current ratio of 2.60 and a quick ratio of 2.60.

Gaming and Leisure Properties (NASDAQ:GLPI) last released its quarterly earnings results on Wednesday, August 1st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.77 by ($0.34). Gaming and Leisure Properties had a return on equity of 15.56% and a net margin of 38.54%. The firm had revenue of $254.22 million for the quarter, compared to analysts’ expectations of $254.40 million. During the same quarter last year, the firm posted $0.45 earnings per share. The firm’s revenue for the quarter was up 4.4% compared to the same quarter last year. equities research analysts anticipate that Gaming and Leisure Properties will post 3.07 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 21st. Shareholders of record on Friday, September 7th will be given a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 7.27%. The ex-dividend date of this dividend is Thursday, September 6th. Gaming and Leisure Properties’s dividend payout ratio is 80.00%.

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.

Further Reading: Moving Average (MA)

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