A new trading day began on Tuesday, with Gaming and Leisure Properties Inc (NASDAQ: GLPI) stock price up 1.30% from the previous day of trading, before settling in for the closing price of $42.98. GLPI’s price has ranged from $41.80 to $52.31 over the past 52 weeks.
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A company in the Real Estate sector has jumped its sales by 6.47% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 2.78%. With a float of $255.24 million, this company’s outstanding shares have now reached $270.92 million.
In an organization with 18 employees, it is important to assess its efficiency.
Gaming and Leisure Properties Inc (GLPI) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Specialty Industry. The insider ownership of Gaming and Leisure Properties Inc is 4.41%, while institutional ownership is 93.77%. 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) Performance Highlights and Predictions
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
Here are Gaming and Leisure Properties Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.07. Likewise, its price to free cash flow for the trailing twelve months is 12.09.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.08 million. That was inferior than the volume of 1.42 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 50.01%. Additionally, its Average True Range was 0.72.
During the past 100 days, Gaming and Leisure Properties Inc’s (GLPI) raw stochastic average was set at 21.23%, which indicates a significant decrease from 41.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.19% in the past 14 days, which was higher than the 18.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $44.93, while its 200-day Moving Average is $46.38. However, in the short run, Gaming and Leisure Properties Inc’s stock first resistance to watch stands at $43.82. Second resistance stands at $44.11. The third major resistance level sits at $44.54. If the price goes on to break the first support level at $43.11, it is likely to go to the next support level at $42.68. Assuming the price breaks the second support level, the third support level stands at $42.39.
Gaming and Leisure Properties Inc (NASDAQ: GLPI) Key Stats
With a market capitalization of 11.63 billion, the company has a total of 271,500K Shares Outstanding. Currently, annual sales are 1,440 M while annual income is 734,280 K. The company’s previous quarter sales were 369,030 K while its latest quarter income was 211,290 K.
