Gaming and Leisure Properties Inc (NASDAQ: GLPI) on Tuesday, plunged -1.66% from the previous trading day, before settling in for the closing price of $42.81. Within the past 52 weeks, GLPI’s price has moved between $42.44 and $52.45.
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It was noted that within the last five years, the titan of the Real Estate sector saw sales topped by 6.47%. The company achieved an average annual earnings per share of 2.78%. With a float of $255.11 million, this company’s outstanding shares have now reached $270.92 million.
The extent of productivity of a business whose workforce counts for 18 workers is very important to gauge.
Gaming and Leisure Properties Inc (GLPI) Insider and Institutional Ownership
Observing investor behavior towards REIT – Specialty industry stocks is more important than anything else. The insider ownership of Gaming and Leisure Properties Inc is 4.46%, while institutional ownership is 93.56%. The most recent insider transaction that took place on Mar 01 ’24, was worth 112,500. In this transaction Director of this company bought 2,500 shares at a rate of $45.00, taking the stock ownership to the 156,685 shares. Before that another transaction happened on Jan 04 ’24, when Company’s COO, Gen Counsel & Sec sold 26,623 for $48.89, making the entire transaction worth $1,301,598. This insider now owns 242,414 shares in total.
Gaming and Leisure Properties Inc (GLPI) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 2.78% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.83% during the next five years compared to 11.88% growth over the previous five years of trading.
Gaming and Leisure Properties Inc (NASDAQ: GLPI) Trading Performance Indicators
Gaming and Leisure Properties Inc (GLPI) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.80. Likewise, its price to free cash flow for the trailing twelve months is 11.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.77, a number that is poised to hit 0.70 in the next quarter and is forecasted to reach 2.95 in one year’s time.
Technical Analysis of Gaming and Leisure Properties Inc (GLPI)
The latest stats from [Gaming and Leisure Properties Inc, GLPI] show that its last 5-days average volume of 1.41 million was inferior to 1.44 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 8.92%. Additionally, its Average True Range was 0.76.
During the past 100 days, Gaming and Leisure Properties Inc’s (GLPI) raw stochastic average was set at 1.99%, which indicates a significant decrease from 3.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.27% in the past 14 days, which was higher than the 18.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $45.18, while its 200-day Moving Average is $46.52. Now, the first resistance to watch is $42.54. This is followed by the second major resistance level at $42.98. The third major resistance level sits at $43.28. If the price goes on to break the first support level at $41.80, it is likely to go to the next support level at $41.50. The third support level lies at $41.06 if the price breaches the second support level.
Gaming and Leisure Properties Inc (NASDAQ: GLPI) Key Stats
Market capitalization of the company is 11.24 billion based on 271,500K outstanding shares. Right now, sales total 1,440 M and income totals 734,280 K. The company made 369,030 K in profit during its latest quarter, and 211,290 K in sales during its previous quarter.
