|Bid||33.10 x 2200|
|Ask||33.60 x 900|
|Day's Range||33.10 - 33.46|
|52 Week Range||32.51 - 37.29|
|Beta (3Y Monthly)||0.76|
|PE Ratio (TTM)||18.57|
|Earnings Date||Feb 6, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||2.57 (7.67%)|
|1y Target Est||39.85|
With shares of casino giant Wynn Resorts (WYNN) tanking in the wake of its latest earnings report, Ryan McQueeney explains how growth & income investors can find better options by focusing on REITs that own gaming properties.
NEW YORK, Nov. 06, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Short interest is extremely low for GLPI with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting GLPI. ETFs that hold GLPI had net inflows of $433 million over the last one-month.
Gaming and Leisure Properties (GLPI) delivered FFO and revenue surprises of -0.91% and -0.32%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
The Wyomissing, Pennsylvania-based real estate investment trust said it had funds from operations of $164.1 million, or 76 cents per share, in the period. Funds from operations is a closely watched measure ...
- Completes Acquisition Financing -- Establishes 2018 Fourth Quarter and Revises Full Year Guidance -- Completes Acquisition of the Real Estate Assets of Tropicana Entertainment.
Comtech, American Airlines, Life Storage, MGM and Gaming and Leisure Properties highlighted as Zacks Bull and Bear of the Day
Volatility is back, and now looks like the best time in recent memory to buy cash flow generating stocks like REITs. Check out the REITs that are model says are impressive options to buy right now!
Recent transactions have put two St. Louis-area casinos in different hands and brought ownership of the real estate underlying all but one of the regional gaming facilities under a single company.
LAS VEGAS , Oct. 15, 2018 /PRNewswire/ -- Boyd Gaming Corporation (NYSE: BYD) today announced that it has completed its acquisition of the operations of four properties from Pinnacle Entertainment, Inc.: ...
Pinnacle Master Lease amended to allow for the sale of the operating assets of three propertiesGLPI entered into a new Master Lease with Boyd Gaming to include three.
Penn National Gaming, Inc. (PENN:Nasdaq) (“Penn National” or the “Company”) announced today that it completed its previously announced acquisition of Pinnacle Entertainment, Inc. (PNK:Nasdaq) (“Pinnacle”) as well as the related divestitures to Boyd Gaming Corporation (BYD:NYSE) (“Boyd”) and the real estate transactions with Gaming and Leisure Properties, Inc. (GLPI:Nasdaq) (“GLPI”). The transaction further enhances Penn National’s position as North America’s leading regional gaming operator, with 40 facilities in 18 jurisdictions, including Colorado, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Maine, Massachusetts, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Pennsylvania, Texas, and West Virginia.
Zacks.com featured highlights include: American Axle, Toll Brothers, Raymond James, Gaming and Leisure and SS&C
Short interest is extremely low for GLPI with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting GLPI. The net inflows of $812 million over the last one-month into ETFs that hold GLPI are among the lowest of the last year and appear to be slowing.
Gaming and Leisure Properties, Inc. (GLPI) today announced that the Company will release its 2018 third quarter financial results at 7:00 a.m. ET on Thursday, November 1, 2018 and will host a conference call at 11:00 a.m. ET on Thursday, November 1, 2018. During the conference call, Peter M. Carlino, Chairman and Chief Executive Officer, and Steven T. Snyder, SVP Corporate Development and Interim Chief Financial Officer, will review the quarter’s results and performance, discuss recent events and conduct a question-and-answer period. The conference call will be available in the Investor Relations section of the Company’s website at www.glpropinc.com.
Carl C. Icahn, Chairman of Icahn Enterprises, stated: "Icahn Enterprises acquired majority control of Federal-Mogul in 2008 when we saw an out-of-favor market opportunity for a great company. Mr. Icahn continued: “Icahn Enterprises first acquired an interest in Tropicana in 2008.
Gaming and Leisure Properties, Inc. (GLPI) ("GLPI" or the "Company") today announced that it has successfully completed the previously announced acquisition of the real estate assets of five casino properties from Tropicana Entertainment, Inc. (“Tropicana”) for $964 million. The Company funded the transaction with proceeds from the publicly registered senior unsecured notes offering, which closed on September 26, 2018, with an aggregate principal amount of $1.100 billion, plus proceeds from the Company’s revolving credit facility.
Eldorado Resorts, Inc. (ERI) (“Eldorado,” “ERI,” or “the Company”) announced today that it completed its previously announced acquisition of Tropicana Entertainment Inc. (TPCA) (“Tropicana”). The transaction further increases the Company’s scale and is expected to be immediately accretive to Eldorado’s free cash flow and diluted earnings per share, inclusive of identified expected cost synergies of approximately $40 million expected to be realized in Eldorado’s first year of operation of Tropicana (and giving effect to the master lease described below). The combination creates a premier, diversified regional gaming platform with combined annual revenue of more than $2.7 billion and combined adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of approximately $697 million (before rent and after giving effect to the realization of synergies), in each case for the twelve months ended June 30, 2018 and giving effect to the acquisition of Grand Victoria Casino and the previously announced dispositions of Presque Isle Downs and Lady Luck Nemacolin.
Gaming and Leisure Properties Inc is a US$7.45b mid-cap, real estate investment trust (REIT) based in Wyomissing, United States. REITs own and operate income-generating property and adhere to a different Read More...
NEW YORK, Sept. 26, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
HG Vora Capital is an activist hedge fund that was founded back in 2009 by Parag Vora who cut his teeth at Silver Point Capital L.P as a senior investment professional, and at Goldman Sachs’ Real Estate Investment Banking Division as a vice president. When he worked at Silver Point Capital L.P. his prime focus […]
WYOMISSING, Pa., Sept. 17, 2018-- Gaming and Leisure Properties, Inc. today announced the pricing of a public offering of $1.100 billion aggregate principal amount of Notes, to be issued by its operating ...