Gaming and Leisure Properties, Inc. Names Carlo Santarelli Senior Vice President, Corporate Strategy and Investor Relations
- Seasoned, Acclaimed Former Gaming and Lodging Analyst Brings 25 Years of Experience and Relationships to New Role Seasoned, Acclaimed Former Gaming and Lodging Analyst Brings 25 Years of Experience and Relationships to New Role
- 07/22/2025
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REITs Score Key Tax Bill Wins
- U.S. equity markets closed the Independence Day week at record highs after Congress approved the GOP's sweeping tax cut and spending megabill, while employment data indicated "Goldilocks" labor market trends. The Big Beautiful Bill extends and enhances key elements of the 2017 tax cuts and boosts State and Local Tax ("SALT") deductions, while overhauling eligibility requirements for government benefits programs. The real estate and homebuilding industry scored some key "wins" in the legislation, which made permanent the 20% QBI deduction for REIT dividend income and relaxed some REIT tax rules.
- 07/06/2025
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5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 9% (July 2025)
- This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields 4.3%, we present two other groups of five DGI stocks each, from moderate to high yields of up to 9%.
- 07/05/2025
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Gaming and Leisure Properties, Inc. Schedules Second Quarter 2025 Earnings Release and Conference Call
- WYOMISSING, Pa., July 03, 2025 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2025 second quarter financial results after the market close on Thursday, July 24, 2025. The Company will host a conference call at 10:00 a.m. ET on Friday, July 25, 2025.
- 07/03/2025
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The State Of REITs: June 2025 Edition
- REITs saw a month of recovery in May (+2.08%), but still have a long way to go to get back into the black in 2025 with an average -7.33% return. Micro cap REITs (-0.73%) continued to struggle, while small caps (+4.28%), mid-caps (+1.83%) and large caps (+0.91%) saw gains. 62.58% of REIT securities had a positive total return in May.
- 06/23/2025
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Gaming and Leisure Properties: Sleep Well With This Cheap 6.6% Yield
- GLPI offers a 6.6% yield and trades at a discounted 11.98x forward P/AFFO, making it an attractive buy for reliable income. Solid year-over-year growth in AFFO, revenue, and EBITDA, plus a 2.6% dividend increase, highlight management's ability to deliver steady cash flow. GLPI's regional focus and sound balance sheet provide resilience amid economic uncertainty, with a manageable payout ratio and strong liquidity.
- 06/17/2025
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4 U.S., Canadian REITs Hike Dividend Payments In May
- Two publicly listed real estate investment trusts in the US declared increases to their regular dividends in May, according to S&P Global Market Intelligence data. Two Canadian REITs declared dividends in May. The dividend hikes in May brought the number of publicly traded US REITs that have declared increases to their regular dividends in the first five months of 2025 to 41 companies, representing 26.1% of the REIT industry.
- 06/14/2025
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Tariffs On, Tariffs Off
- US equity markets rallied this week, capping off the best monthly gains since November 2023, as investors weighed encouraging inflation data against a whipsaw of court rulings on tariffs. Extending the on-again-off-again tariff saga, a trade court ruled that the tariffs were procedurally invalid, but an Appeals court paused the block, likely sending the decision to the Supreme Court. Rebounding from declines of 2.6% last week, the S&P 500 rallied 1.8% this week, closing within 4% of its February record highs.
- 06/01/2025
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Gaming and Leisure Properties, Inc. Declares Increased Second Quarter 2025 Cash Dividend of $0.78 Per Share
- WYOMISSING, Pa., May 16, 2025 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”), announced today that at its meeting yesterday the Company's Board of Directors declared the second quarter 2025 cash dividend of $0.78 per share of its common stock, marking an increase of $.02 per share per quarter from the prior level. The dividend is payable on June 27, 2025 to shareholders of record on June 13, 2025. The second quarter 2024 cash dividend was $0.76 per share of the Company's common stock. Based on yesterday's closing price of $46.89 per share of common stock, on an annualized basis, the new dividend payout reflects a yield of 6.65%.
- 05/16/2025
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A Ranking Of Net-Lease REITs By Investment Spread For Q1 2025
- In Q1 2025, VICI, GLPI, Agree, and Realty Income generated positive investment spreads and total returns exceeding their cost of equity, making them attractive investments. EPRT and STAG have negative investment spreads and total returns below their cost of equity, making them less favorable investment options. This analysis uses cap rates and the weighted average cost of capital to estimate investment spreads. We also compare total returns to the cost of equity to measure accretion.
- 05/08/2025
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Buy The Dip: 3 Stocks Getting Way Too Cheap
- We are likely headed into a recession. Cyclical stocks have sold off significantly. Some of them are now deeply undervalued and could present significant upside potential in a future recovery.
- 05/06/2025
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Tensions Ease Ahead Of Critical Week
- US equity markets resumed their recovery this week from the "liberation day" plunge after the White House negotiated trade deals with several nations and indicated plans to ease China tariffs. Trimming its drawdown to around 10% from its mid-February highs, the S&P 500 rallied 4.6% this week - erasing an early-week dip with four-straight days of gains. After posting significant outperformance last week, real estate equities were among the laggards this week despite a solid start to REIT earnings season and a much-needed retreat in benchmark rates.
- 04/27/2025
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Gaming and Leisure Properties, Inc. (GLPI) Q1 2025 Earnings Call Transcript
- Gaming and Leisure Properties, Inc. (NASDAQ:GLPI ) Q1 2025 Earnings Conference Call April 25, 2025 9:00 AM ET Company Participants Joseph Jaffoni - Investor Relations Peter Carlino - Chairman of the Board and Chief Executive Officer Brandon Moore - President, Chief Operating Officer and Secretary Desiree Burke - Chief Financial Officer and Treasurer Steven Ladany - Sr. Vice President, Chief Development Officer Matthew Demchyk - Sr. Vice President, Chief Investment Officer Conference Call Participants Greg McGinniss - Scotiabank Ronald Kamdem - Morgan Stanley Anthony Paolone - JPMorgan Smedes Rose - Citi Todd Thomas - KeyBanc Jay Kornreich - Wedbush Securities Barry Jonas - Truist Securities Mitch Germain - JMP Securities Richard Hightower - Barclays Daniel Guglielmo - Capital One Securities Chad Beynon - Macquarie Ravi Vaidya - Mizuho Robin Farley - UBS Caitlin Burrows - Goldman Sachs Operator Greetings, and welcome to the Gaming and Leisure Properties First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.
- 04/25/2025
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Gaming and Leisure Properties (GLPI) Q1 FFO Match Estimates
- Gaming and Leisure Properties (GLPI) came out with quarterly funds from operations (FFO) of $0.96 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.92 per share a year ago.
- 04/24/2025
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Gaming and Leisure Properties, Inc. Moves First Quarter 2025 Earnings Conference Call to 9:00 A.M. ET
- WYOMISSING, Pa., April 08, 2025 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2025 first quarter financial results after the market close on Thursday, April 24, 2025. The Company has moved up the time of its conference call on Friday, April 25, 2025 to 9:00 a.m. ET from 10:00 a.m. ET.
- 04/08/2025
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Gaming and Leisure Properties: Time To Double-Down On This High Yield Bargain
- Gaming and Leisure Properties' recent price drop results in a 6.4% yield and presents a buy-the-dip opportunity for income investors. GLPI's resilient portfolio, long-term triple-net leases, and conservative balance sheet drive steady performance and predictable cash flows. Rent escalations and acquisitions drive growth this year, and a forward P/FFO below historical average offers attractive risk-adjusted returns.
- 04/07/2025
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This REIT Stock Offers A High Yield For Investors To Consider
- Gaming and Leisure owns 68 properties across 20 states that are leased on a long-term basis to casino operators. The post This REIT Stock Offers A High Yield For Investors To Consider appeared first on Investor's Business Daily.
- 04/03/2025
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Gaming and Leisure Properties, Inc. Schedules First Quarter 2025 Earnings Release and Conference Call
- WYOMISSING, Pa., April 01, 2025 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2025 first quarter financial results after the market close on Thursday, April 24, 2025. The Company will host a conference call at 10:00 a.m. ET on Friday, April 25, 2025.
- 04/01/2025
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Gaming and Leisure Properties: Why This 6% Yielding Gaming REIT Is Just As Good As VICI
- Gaming and Leisure Properties offers a compelling investment with a higher yield of 6.22% compared to VICI Properties' 5.3%, despite less attention. GLPI's regional focus and solid growth, even amid economic challenges, make it a top income pick with a forward P/AFFO multiple of 12.91x. GLPI is better positioned for economic volatility than VICI, with regional markets performing better than Las Vegas during downturns.
- 03/07/2025
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Winners Of REIT Earnings Season
- In Part 2 of our Earnings Recap, we present a sector-by-sector breakdown of the Winners of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Healthcare REITs were the leaders this earnings season, with results showing robust momentum in senior housing fundamentals, while tenant operator issues improved across other healthcare sub-sectors. Results from Net Lease, Casino, and Residential Mortgage REITs - several of the most rate-sensitive sectors - were also surprisingly steady despite the interest rate turbulence in late 2024.
- 03/06/2025
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Buried Treasures: 4 Dramatically Undervalued REITs
- REITs are highly attractive now due to stable or falling interest rates and low inflation, with many offering strong yields while being undervalued. This article identifies 27 REITs yielding at least 75 basis points above the no-risk rate on Treasuries, while selling at discounts of 20% or greater to their Target Fair Value. The list is then screened for dividend safety, to eliminate sucker yields, and for stable revenues, excluding those with flat or declining FFO/share.
- 02/28/2025
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Gaming and Leisure Properties: Accretive Investment Spreads And An Attractive Total Return
- We maintain our buy recommendation on Gaming and Leisure Properties, Inc. stock due to a still attractive investment spread and a potential total return that exceeds fair value. With an 8.20% cap rate on recent acquisitions and a weighted average cost of capital of 7.37%, GLPI creates 83 basis points of value in the current environment. GLPI's total return potential of 9.90% materially exceeds the 8.36% hurdle rate given the risk profile of the asset.
- 02/27/2025
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INN vs. GLPI: Which Stock Is the Better Value Option?
- Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Summit Hotel Properties (INN) and Gaming and Leisure Properties (GLPI). But which of these two stocks presents investors with the better value opportunity right now?
- 02/26/2025
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Gaming and Leisure Properties, Inc. (GLPI) Q4 2024 Earnings Call Transcript
- Gaming and Leisure Properties, Inc. (NASDAQ:GLPI ) Q4 2024 Earnings Conference Call February 21, 2025 11:00 AM ET Company Participants Joe Jaffoni - Investor Relations Peter Carlino - Chairman and CEO Brandon Moore - President and COO Desiree Burke - Chief Financial Officer and Treasurer Steve Ladany - Senior Vice President and CDO Matthew Demchyk - Senior Vice President and CIO Conference Call Participants Brad Heffern - RBC Capital Markets Ron Kamdem - Morgan Stanley Barry Jonas - Truist Securities John Kilichowski - Wells Fargo Greg McGinnis - Scotiabank Ravi Vaidya - Mizuho David Katz - Jefferies Michael Herring - Green Street Advisors Caitlin Burrows - Goldman Sachs Todd Thomas - KeyBanc Capital Markets Mitch Germain - Citizens JMP Chad Beynon - Macquarie Rich Hightower - Barclays Daniel Guglielmo - Capital One Securities Robin Farley - UBS Colin Mansfield - CBRE Institutional Research Operator Greetings. And welcome to the Gaming and Leisure Properties Fourth Quarter 2024 Earnings Conference Call.
- 02/21/2025
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Gaming and Leisure Properties (GLPI) Q4 FFO Surpass Estimates
- Gaming and Leisure Properties (GLPI) came out with quarterly funds from operations (FFO) of $0.95 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to FFO of $0.93 per share a year ago.
- 02/20/2025
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Gaming and Leisure Properties, Inc. Reports Record Fourth Quarter Results, Establishes 2025 Guidance and Announces 2025 First Quarter Dividend of $0.76 Per Share
- WYOMISSING, Pa., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”) today announced record results for the fourth quarter and year-ended December 31, 2024.
- 02/20/2025
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Gaming and Leisure Properties Inc. Announces 2024 Distribution Tax Treatment
- WYOMISSING, Pa., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”) announced the income tax allocation for federal income tax purposes of its aggregate distributions in 2024 of $3.04 per share of common stock (CUSIP: 36467J108).
- 01/24/2025
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Gaming and Leisure Properties, Inc. Schedules Fourth Quarter 2024 Earnings Release and Conference Call
- WYOMISSING, Pa., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2024 fourth quarter financial results after the market close on Thursday, February 20, 2025. The Company will host a conference call at 11:00 a.m. ET on Friday, February 21, 2025.
- 01/22/2025
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Down -5.31% in 4 Weeks, Here's Why You Should You Buy the Dip in Gaming and Leisure Properties (GLPI)
- Gaming and Leisure Properties (GLPI) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
- 01/08/2025
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5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (January 2025)
- 5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (January 2025)
- 01/04/2025
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Gaming and Leisure Properties (GLPI) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
- Gaming and Leisure Properties (GLPI) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
- 01/02/2025
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Powell Plays Grinch
- U.S. equity markets tumbled this week while benchmark interest rates jumped to six-month highs after the Fed cut rates for a third-straight meeting but indicated a less-dovish outlook for 2025. Reflecting concern over stubbornly sticky inflation and buoyant economic growth, the FOMC's updated Economic Projections indicate just two rate cuts in 2025, down from four in the prior forecast. Posting its worst week since November, the S&P 500 dipped 2.2%. The Dow shed roughly 1,000 points, while the Small-Cap 600 and the Mid-Cap 400 each tumbled by nearly 5%.
- 12/22/2024
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Top Wall Street analysts recommend these dividend stocks for higher returns
- TipRanks' analyst ranking service spotlights three dividend-paying stocks, including Walmart and Gaming and Leisure Properties.
- 12/22/2024
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Buy The Dip Opportunities: VICI Properties Vs Gaming And Leisure Properties
- The gaming property sector, represented by VICI and GLPI, offers unique value drivers like mission-critical properties, immunity to secular threats, focus on triple net leases, and outstanding negotiating position. Both REITs feature a 100% occupancy rate, outstandingly long lease terms and above-average rent escalators, setting them apart from other net lease REITs. VICI is deemed a 'strong buy' due to its higher DPS growth, trophy asset portfolio, and more attractive valuation, while GLPI is considered a 'buy'.
- 12/20/2024
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2 REITs To Add To Your Christmas List And When To Buy For A Margin Of Safety
- Agree Realty and VICI Properties are high-quality REITs with strong fundamentals and impressive total returns, but currently offer little margin of safety due to their run-up in share prices. Investing with a margin of safety helps manage market volatility; for example, my cost basis of $53 for Realty Income has helped me stomach volatility and the stock's underperformance. I recommend assigning stocks specific roles in your portfolio; for example, Starwood Property for stable dividends, PepsiCo for moderate growth, and Visa for high growth, balancing income and growth.
- 12/17/2024
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5 Relatively Secure And Cheap Dividend Stocks For December 2024: Yields Up To 9%
- This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields about 3.28%, we present two other groups of five DGI stocks each, from moderate to high yields of up to 9%.
- 12/07/2024
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Gaming and Leisure Properties, Inc. Declares Fourth Quarter 2024 Cash Dividend of $0.76 per Share
- WYOMISSING, Pa., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”), announced today that the Company's Board of Directors has declared the fourth quarter 2024 cash dividend of $0.76 per share of its common stock. The dividend is payable on December 20, 2024 to shareholders of record on December 6, 2024. The fourth quarter 2023 cash dividend was $0.73 per share of the Company's common stock.
- 11/25/2024
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Gaming and Leisure Properties price target lowered to $51 from $52 at Mizuho
- Mizuho analyst Haendel St. Juste lowered the firm's price target on Gaming and Leisure Properties to $51 from $52 and keeps a Neutral rating on the shares as part of a broader research note. The firm is turning less constructive on Tripe Net REITs as expectations of higher inflation and a "higher for longer" rate environment should weigh on the sector's investment spreads and growth potential, marking the end of the "pivot party", the analyst tells investors in a research note.
- 11/13/2024
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Gaming And Leisure Properties: Growth Outlook Makes Them A Long-Term Buy
- Gaming and Leisure Properties, Inc. doesn't get enough credit in my opinion. GLPI's acquisitions, including the deal with Bally's, bolster its portfolio and future growth potential. GLPI's >6% yield, attractive valuation, and solid balance sheet make it a compelling buy.
- 11/13/2024
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REITs RetREIT? 2 Yielding Over 5% Long-Term Investors Should Consider
- REITs have recently seen their share prices dip, likely due to the upcoming presidential election as well as rising geopolitical tensions. NNN REIT and VICI Properties are two fundamentally sound REITs that offer long-term investors solid upside potential. Both recently reported strong Q3 earnings with solid FFO, AFFO, and revenue growth on an annualized basis.
- 11/12/2024
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Gaming and Leisure Properties Offers Unique Value Drivers Combined With Positive Spreads
- Despite solid Q3 results and high-income potential, GLPI's relative attractiveness has decreased compared to other net lease REITs. Nevertheless, the company remains a strong pick in the net lease sector, thanks to its attractive valuation and unique value drivers. GLPI's disciplined capital investment approach and strategic acquisitions have driven impressive investment spreads and long-term shareholder value.
- 11/10/2024
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5 Relatively Secure And Cheap Dividend Stocks - November 2024: Yields Up To 9%
- This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering large discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields about 3.35%, we present two other groups of five DGI stocks each, from moderate to high yields of up to 9%.
- 11/09/2024
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Gaming and Leisure Properties REIT: Good Yield At A Fair Price
- Gaming and Leisure Properties offers geographic diversification with exposure to the gaming industry, trading at an attractive FFO multiple and providing a strong dividend yield. GLPI's high-quality portfolio spans 65 properties in 20 states, with major partners like Penn and Caesars, despite their high debt levels. The REIT benefits from long-term lease agreements, stable financials, and a 6.05% dividend yield, making it appealing for income investors.
- 11/05/2024
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Beat Back Market Turbulence With These Yields Up To 9%
- Election. Recession. No landing. Social unrest. Election contest. Low beta, anyone? Today we'll talk calm in a sea of manic. A six-pack of tranquil dividend payers yielding up to 8.9%.
- 11/02/2024
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6 High-Yield Dividend Stocks Every Passive Income Investor Should Own in 2024
- 24/7 Wall St. Insights Interest rates are expected to decline to 3.25% by 2026.
- 10/27/2024
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Gaming and Leisure Properties, Inc. (GLPI) Q3 2024 Earnings Call Transcript
- Gaming and Leisure Properties, Inc. (NASDAQ:GLPI ) Q3 2024 Earnings Conference Call October 25, 2024 10:00 AM ET Company Participants Joe Jaffoni - IR Peter Carlino - Chairman and CEO Desiree Burke - CFO and Treasurer Matthew Demchyk - SVP and CIO Brandon Moore - COO Steve Ladany - SVP and CDO Conference Call Participants Barry Jonas - Truist Securities Greg McGinnis - Scotiabank David Katz - Jefferies Chad Beynon - Macquarie Smedes Rose - Citi Brad Heffern - RBC Capital Markets Mitch Germain - Citizens JMP Securities Todd Thomas - KeyBanc Daniel Guglielmo - Capital One Securities RJ Milligan - Raymond James Chris Darling - Green Street Advisors Ronald Kamdem - Morgan Stanley Operator Greetings, and welcome to the Gaming and Leisure Properties Third Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
- 10/25/2024
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Gaming and Leisure Properties (GLPI) Beats Q3 FFO and Revenue Estimates
- Gaming and Leisure Properties (GLPI) came out with quarterly funds from operations (FFO) of $0.95 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to FFO of $0.92 per share a year ago.
- 10/24/2024
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Gaming and Leisure Properties Reports Record Third Quarter 2024 Results
- WYOMISSING, Pa., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”) today announced financial results for the quarter ended September 30, 2024.
- 10/24/2024
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5 Relatively Secure And Cheap Dividend Stocks To Invest In -- October 2024
- This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering large discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields about 3.4%, we present two other groups of five DGI stocks each, with the goal of moderate to high yields.
- 10/05/2024
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2 New Top Picks Revealed
- We have recently identified some new opportunities. Real estate businesses remain undervalued. We present 2 of our newest top picks.
- 10/05/2024
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6.5 Trillion Reasons Why This 6% Dividend Will Soar
- Right now, there's $6.5 trillion in cash sitting on the sidelines—and a big slice of it is about to drop straight into a select group of dividend stocks.
- 10/02/2024
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Gaming and Leisure Properties, Inc. Schedules Third Quarter 2024 Earnings Release and Conference Call
- WYOMISSING, Pa., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2024 third quarter financial results after the market close on Thursday, October 24, 2024. The Company will host a conference call at 10:00 a.m. ET on Friday, October 25, 2024.
- 10/01/2024
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Gaming And Leisure Properties Closes A Land Deal Reinforcing Its 'Buy' Rating
- Gaming and Leisure Properties (GLPI) completed a $250M land acquisition in Chicago, securing an 8% cap rate, with further investments planned in partnership with Bally's Corporation. GLPI's total investment in the Chicago project will reach $1.19B, projected to yield a blended 8.4% initial return, enhancing AFFO gradually until December 2026. The Chicago land purchase is a key milestone, supporting one of the Company's most crucial partnerships and investment projects of the upcoming years.
- 10/01/2024
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Gaming and Leisure Properties Promotes Brandon Moore to Additional Role of President
- WYOMISSING, Pa., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (“GLPI” or the “Company”) (NASDAQ: GLPI) today announced the promotion of Chief Operating Officer, Brandon Moore, to the additional role of President, effective immediately. Mr. Moore will continue to report to the Company's Chairman and Chief Executive Officer, Peter Carlino.
- 09/30/2024
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PINE or GLPI: Which Is the Better Value Stock Right Now?
- Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Alpine Income (PINE) and Gaming and Leisure Properties (GLPI). But which of these two companies is the best option for those looking for undervalued stocks?
- 09/12/2024
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Gaming and Leisure Properties Closes on $250 Million Land Acquisition, the Site for Bally's Future Chicago Flagship Casino
- WYOMISSING, Pa., Sept. 11, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) (“GLPI” or “the Company”), announced today that it completed its previously announced $250 million acquisition, from Blue Owl Capital, of the land on which Bally's Corporation (NYSE: BALY) (“Bally's”) permanent Chicago Casino will be constructed. The land purchase was one component of GLPI's broader agreement with Bally's, announced in July.
- 09/11/2024
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Gaming and Leisure Properties, Inc. Declares Third Quarter 2024 Cash Dividend of $0.76 Per Share
- WYOMISSING, Pa., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”), announced today that the Company's Board of Directors has declared the third quarter 2024 cash dividend of $0.76 per share of its common stock. The dividend is payable on September 27, 2024 to shareholders of record on September 13, 2024. The third quarter 2023 cash dividend was $0.73 per share of the Company's common stock.
- 08/28/2024
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REIT Fantasy Football: 11 Companies To Start Your Team
- Like football, REIT investing is about gaining control of real estate. REITs are becoming more attractive to income investors as inflation remains below average REIT yield and interest rates fall. With one company from each of the 19 equity REIT sectors, I offer a starting lineup of 11 companies, 6 reserves, and 2 water boys, for a solid REIT portfolio.
- 08/23/2024
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DRH or GLPI: Which Is the Better Value Stock Right Now?
- Investors interested in REIT and Equity Trust - Other stocks are likely familiar with DiamondRock Hospitality (DRH) and Gaming and Leisure Properties (GLPI). But which of these two stocks is more attractive to value investors?
- 08/21/2024
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Four REIT stocks pass a strict quality screen, with dividend yields up to 6.19%
- Investors can never predict the exact timing of interest-rate cuts, but many expect the Federal Open Market Committee to begin reducing the target range for the federal-funds rate on Sept. 18, following its next policy meeting.
- 08/19/2024
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2 REITs That Offer Higher But Riskier Yields
- Two REITs with higher-than-average yields (above 5%) could be considered riskier due to their higher-than-average payout ratios. Easterly Government Properties and Gaming and Leisure Properties payout ratios are higher than their peers, VICI Properties and Cousins Properties. Investors should be cautious of investing in companies with high payout ratios, as any sudden economic downturn or tenant issues could result in a dividend cut.
- 08/19/2024
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3 Gaming REITs To Bet On
- Experiential real estate has become popular due to the threat of e-commerce. These properties are unique and offer experiences that cannot be duplicated online. Gaming-focused REITs like Gaming and Leisure Properties, VICI Properties, and Realty Income have strong balance sheets, positive growth outlooks, and remain attractively valued.
- 08/16/2024
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Gaming and Leisure Properties: Undervalued Despite Top-Tier Quarterly Results
- Gaming and Leisure Properties operates in a unique gaming property sector with strong value drivers and competitive advantages. GLPI delivered strong Q2 2024 results with top-tier business metrics and robust investment activity. The abovementioned realization of extensive investment volume delivered positive spreads, which led to an upward update of the AFFO per share guidance for 2024.
- 08/15/2024
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3 High-Yield Dividend Stocks to Buy Before the Fed Slashes Interest Rates
- 24/7 Wall St. Insights Traders are betting that the first federal funds rate cut will come as early as September.
- 08/09/2024
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Cash Cows: 9 High-Yield REITs With Safe Dividends
- High-quality REITs with higher yields than usual may be a good investment opportunity. Income investors may find U.S. treasuries more appealing due to lower risk and higher yields compared to most REITs. Seeking Alpha Premium offers a Dividend Safety grade for REITs. A grade of B- or better indicates a mere 1 in 50 risk of a dividend cut.
- 08/06/2024
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DRH vs. GLPI: Which Stock Is the Better Value Option?
- Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both DiamondRock Hospitality (DRH) and Gaming and Leisure Properties (GLPI). But which of these two stocks presents investors with the better value opportunity right now?
- 08/05/2024
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Gaming and Leisure Properties Announces Pricing of $800,000,000 of 5.625% Senior Notes Due 2034 and $400,000,000 of 6.250% Senior Notes Due 2054
- WYOMISSING, Pa,, July 30, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (“GLPI”) (NASDAQ: GLPI) today announced the pricing of a public offering of $1,200,000,000 aggregate principal amount of Notes (as defined below), to be issued by its operating partnership, GLP Capital, L.P. (the “Operating Partnership”), and GLP Financing II, Inc., a wholly-owned subsidiary of the Operating Partnership (together with the Operating Partnership, the “Issuers”). The Notes will be issued in two tranches, the first of which will be senior notes due 2034 (the “2034 Notes”) and the second of which will be senior notes due 2054 (the “2054 Notes” and, together with the 2034 Notes, the “Notes”).The 2034 Notes priced at 99.094% of par value, with a coupon of 5.625% and will mature on September 15, 2034. The 2054 Notes priced at 99.183% of par value, with a coupon of 6.250% and will mature on September 15, 2054. The Notes will be senior unsecured obligations of the Issuers, guaranteed by GLPI.
- 07/30/2024
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Soft Landing Secured
- U.S. equity markets posted mixed performance while interest rates dipped to four-month lows as a lukewarm start to corporate earnings season and mixed economic data reinforced Fed rate cut expectations. Another twist in a wild month of politics, President Biden announced that he would not seek reelection, instead endorsing VP Harris, setting the stage for a more competitive November election. The S&P 500 slipped 0.8% on the week as the powerful "value rotation" trade extended into a third-week. The Small-Cap 600 rallied 3.6% while the mega-cap Nasdaq 100 dipped 2.6%.
- 07/28/2024
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Gaming and Leisure Properties, Inc. (GLPI) Q2 2024 Earnings Call Transcript
- Gaming and Leisure Properties, Inc. (NASDAQ:GLPI ) Q2 2024 Earnings Call Transcript July 26, 2024 10:00 AM ET Company Participants Joe Jaffoni - IR Peter Carlino - Chairman and CEO Desiree Burke - CFO and Treasurer Matthew Demchyk - SVP and CIO Brandon Moore - COO Steve Ladany - SVP and CDO Conference Call Participants Brad Heffern - RBC Capital Markets Jay Kornreich - Wedbush Securities Barry Jonas - Truist Securities David Katz - Jefferies Haendel St. Juste - Mizhuo Securities Smedes Rose - Citi Greg McGinnis - Scotiabank Daniel Guglielmo - Capital One Securities Ronald Kamdem - Morgan Stanley Shaun Kelley - Bank of America Robin Farley - UBS Chad Beynon - Macquarie John DeCree - CBRE Operator Greetings and welcome to the Gaming and Leisure Properties, Inc., Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
- 07/26/2024
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Gaming and Leisure Properties (GLPI) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
- While the top- and bottom-line numbers for Gaming and Leisure Properties (GLPI) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 07/25/2024
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Gaming and Leisure Properties (GLPI) Meets Q2 FFO Estimates
- Gaming and Leisure Properties (GLPI) came out with quarterly funds from operations (FFO) of $0.94 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.92 per share a year ago.
- 07/25/2024
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Gaming and Leisure Properties Reports Record Second Quarter 2024 Results and Increases 2024 Full Year Guidance
- WYOMISSING, Pa., July 25, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”) today announced financial results for the quarter ended June 30, 2024.
- 07/25/2024
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Top Wall Street Bank Loves 5 High-Yield Dividend Stocks for Second Half of 2024
- 24/7 Insights Quality dividend stocks could outperform over the next year.
- 07/15/2024
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SHO vs. GLPI: Which Stock Is the Better Value Option?
- Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Sunstone Hotel Investors (SHO) and Gaming and Leisure Properties (GLPI). But which of these two stocks offers value investors a better bang for their buck right now?
- 07/15/2024
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Gaming And Leisure Properties Creates More Value Than VICI Properties In The Current Environment
- Both GLPI and VICI generate an investment spread above their cost of capital. However, GLPI generates a wider spread (103 bps) than VICI (17 bps). Both REITs are priced within a range of fair value as measured by the difference between the forward AFFO yield and an unbiased measure of fair value. Given the wider investment spread, GLPI is the superior choice in the current economic environment.
- 07/15/2024
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Good News For Gaming And Leisure Properties
- GLPI signed a term sheet for a $1.585b investment volume and its purchase option adjustment. The transaction is subject to several conditions and hasn't been closed yet. Nevertheless, the fundamental conditions outlined within the term sheet are highly favourable to GLPI.
- 07/15/2024
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REITs Rip As Rates Retreat
- U.S. equity markets climbed to record highs, while benchmark interest rates dipped to four-month lows as investors rotated from high-flying growth stocks into beaten-down value names following a cooler-than-expected CPI report. Headline CPI declined 0.1% month-over-month, which dragged the annual increase to below 3% for the first time since March 2021, while CPI ex-Shelter is again below the Fed's 2% target. Combined with recent softness in employment data and relatively dovish Fed commentary, markets now see at least two Fed rate cuts this year, with September now viewed as a near-lock.
- 07/14/2024
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Bally's Secures Funding Commitment that Aggregates $2.07 Billion from Gaming and Leisure Properties
- PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY) ("Bally's”) today announced it has entered into a binding term sheet for a strategic construction and financing arrangement with Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI”) including funding to complete the construction of Bally's permanent casino development in the City of Chicago (the “Project”). Transaction Details An affiliate of Gaming and Leisure Properties has reached an agreement to acquire the real esta.
- 07/12/2024
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Gaming and Leisure Properties Enters into Sale Leaseback and Development Funding Transactions with Bally's Corporation Totaling $1.585 Billion at Blended 8.3% Initial Cash Yield
- Multi-Faceted Transaction Further Expands and Diversifies GLPI's Industry-Leading Regional Property Portfolio; Provides Bally's with Financing for its Highly-Anticipated Flagship Chicago Casino Facility
- 07/12/2024
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5 Relatively Secure And Cheap Dividend Stocks To Invest In - July 2024
- This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering large discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields about 3.6%, we present two other groups of five DGI stocks each, with the goal of moderate to high yields.
- 07/06/2024
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7 REITs Yielding 5% (or More) With Strong Upside Potential
- For investors uncertain about broader market dynamics, real estate investment trusts or REITs offer an excellent avenue to put your money to work. I think it's safe to say that the number one reason people consider this sector is the often-robust passive income potential.
- 07/04/2024
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7 Must-Buy REITs for Stability-Seeking Income Investors
- Real estate investment trusts (REITs) are a unique form of stocks with broad appeal for stability-seeking income investors. REITs finance, own, and operate diverse types of income-generating real estate.
- 06/27/2024
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Gaming and Leisure Properties, Inc. Schedules Second Quarter 2024 Earnings Release and Conference Call
- WYOMISSING, Pa., June 26, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2024 second quarter financial results after the market close on Thursday, July 25, 2024. The Company will host a conference call at 10:00 a.m. ET on Friday, July 26, 2024.
- 06/26/2024
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7 High-Yield Dividend Stock Heroes for Robust Passive Income
- While growth-centric ideas – particularly in the technology sector – generally attract the most attention, investors should pay attention to passive income opportunities. They're not nearly as exciting as wagering on the next big thing.
- 06/19/2024
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Invest In A SWAN Strategy: 5% Income, Lower Volatility, Solid Growth
- The SWAN (Sleep Well At Night) strategy in the financial world usually means you invest in a strategy and not have to worry about it on a day-to-day basis. We do not consider investing in the S&P 500 or any other broad market index a swan strategy, for obvious reasons. We will describe our one such SWAN strategy that aims to provide high returns, low volatility, and decent income.
- 06/15/2024
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Gaming and Leisure Properties to Provide Casino Queen Holdings with $111 Million Funding for Landside Move of Belle of Baton Rouge
- WYOMISSING, Pa., June 03, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI”) announced today that it has agreed to fund and oversee a landside move and hotel renovation of Belle of Baton Rouge (“The Belle”) in Baton Rouge, LA for its tenant The Queen Casino and Entertainment Inc. (“Queen Casino & Entertainment Inc.”).
- 06/03/2024
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5 Relatively Secure And Cheap Dividend Stocks To Invest In - June 2024
- This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering large discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields about 3.5%, we present two other groups of five DGI stocks each, with the goal of moderate to high yields.
- 06/01/2024
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Morgan Stanley Has 6 Blue Chip High-Dividend Stocks to Buy in June
- ∴ Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored) Are you ready for retirement?
- 05/28/2024
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Raymond James Has 5 Passive Income Dividend Stocks to Buy With Yields Up to 14%
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Scared Money Never Wins: Viva Las Vegas, Baby!
- The ICSC conference in Las Vegas is described as the "Super Bowl of retail" and attracts industry experts and dealmakers. I'm here this week meeting with REIT management teams. Today, I'll provide details on three REITs that are investing in casino properties.
- 05/23/2024
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Gaming and Leisure Properties: Outstanding Business Metrics Within A Unique Sector
- Gaming and Leisure Properties operates in the gaming properties sector, offering unique value drivers compared to other triple net lease REITs. It operated at a 100% occupancy rate since inception due to limited supply and regulations limiting tenants' movement, as well as strong triple net leases with favorable terms. GLPI remains immune to major secular trends and offers the potential for double-digit total returns through dividends, multiple appreciation, and further growth.
- 05/21/2024
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Gaming and Leisure Properties, Inc. Declares Second Quarter 2024 Cash Dividend of $0.76 Per Share
- WYOMISSING, Pa., May 20, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”) announced today that the Company's Board of Directors has declared the second quarter 2024 cash dividend of $0.76 per share of its common stock. The dividend is payable on June 21, 2024 to shareholders of record on June 7, 2024. The second quarter 2023 cash dividend was $0.72 per share of the Company's common stock.
- 05/20/2024
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Surprise Spring Slowdown
- U.S. equity markets climbed to fresh record highs, while benchmark interest rates dipped to one-month lows after a critical slate of inflation and retail sales data showed an unexpected cooldown. Reflecting the mounting quantity of downside economic surprises, the Citi Economic Surprise Index dipped to the lowest level since early 2023, indicating a rather abrupt reversal in economic momentum. Mildly encouraging inflation news and sluggish retail sales data lifted bets that the Fed can cut rates multiple times this year. Climbing to fresh record highs, the S&P 500 gained 1.6%.
- 05/19/2024
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Gaming and Leisure Properties Announces the Acquisition of Three Casino Resorts in South Dakota and Nevada for $105 Million and Establishes New Tenant Relationship With Strategic Gaming Management
- WYOMISSING, Pa., May 16, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI”) today acquired the real estate assets of the Silverado Franklin Hotel & Gaming Complex (“Silverado”), the Deadwood Mountain Grand (“DMG”) casino, and Baldini's Casino (“Baldini's”), for $105.0 million in aggregate.
- 05/16/2024
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Up To 8% Yield From 2 Stocks With Durable Assets
- Now's a great time to pick up dividend stocks, and income investors can afford to be choosy when it comes to high yield. MPLX LP is a midstream company with strong cash flow generation and an 8.1% yield, supported by a robust balance sheet. Gaming and Leisure Properties is the second-largest owner of gaming properties in the US, with a 7.1% dividend yield and potential for future growth.
- 05/02/2024
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Gaming and Leisure Properties: Place A Bet On This 7% Yield With Strong Upside Potential
- Gaming and Leisure Properties is a compelling buy for long-term investors, with a dividend yield near 7% and potential for double-digit upside. GLPI's recent earnings showed strong revenue growth and a healthy leverage ratio, giving them financial flexibility to navigate the higher for longer interest rate environment. The company's strong balance sheet and dividend coverage further support its potential for growth.
- 05/01/2024
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Gaming and Leisure Properties, Inc. (GLPI) Q1 2024 Earnings Call Transcript
- Gaming and Leisure Properties, Inc. (NASDAQ:GLPI ) Q1 2024 Earnings Conference Call April 26, 2024 10:00 AM ET Company Participants Joseph Jaffoni - Investor Relations, JCIR Peter Carlino - Chairman of the Board and Chief Executive Officer Desiree Burke - Chief Financial Officer and Treasurer Matthew Demchyk - Senior Vice President and Chief Investment Officer Steven Ladany - Senior Vice President and Chief Development Officer Brandon Moore - Chief Operating Officer, General Counsel and Secretary Conference Call Participants Oliver Chang - Scotiabank Ronald Kamdem - Morgan Stanley Todd Thomas - KeyBanc Capital Markets Barry Jonas - Truist Securities Daniel Guglielmo - Capital One Securities Smedes Rose - Citi Jay Kornreich - Wedbush Securities Ravi Vaidya - Mizuho Securities Chad Beynon - Macquarie Robin Farley - UBS David Katz - Jefferies Caitlin Burrows - Goldman Sachs John DeCree - CBRE Chris Darling - Green Street David Hargreaves - Barclays Operator Ladies and gentlemen, good morning and welcome to the Gaming and Leisure Properties, Inc. First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
- 04/26/2024
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Gaming and Leisure Properties (GLPI) Misses Q1 FFO Estimates
- Gaming and Leisure Properties (GLPI) came out with quarterly funds from operations (FFO) of $0.92 per share, missing the Zacks Consensus Estimate of $0.93 per share. This compares to FFO of $0.92 per share a year ago.
- 04/25/2024
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Gaming and Leisure Properties Reports First Quarter 2024 Results and Updates 2024 Full Year Guidance
- WYOMISSING, Pa., April 25, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) ("GLPI" or the "Company") today announced financial results for the quarter ended March 31, 2024.
- 04/25/2024
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Gaming and Leisure Properties Appoints Debra Martin Chase to Board of Directors
- WYOMISSING, Pa., April 24, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”), announced today that Debra Martin Chase has been appointed to the Board of Directors as a new independent director, effective immediately, to fill the vacancy created by the previously disclosed passing of JoAnne A. Epps. The appointment of Ms. Chase to the Board of Directors brings the total number of directors to eight, seven of whom are considered independent according to the listing standards of the Nasdaq Stock Exchange. Ms. Chase has also been appointed as a member of the Nominating and Corporate Governance Committee of the Board of Directors, effective immediately. Ms. Chase will hold her directorship until the Company's next annual meeting of shareholders or until her successor is duly elected and qualified or until her earlier death, disqualification, resignation or removal.
- 04/24/2024
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Gaming and Leisure Properties, Inc. Schedules First Quarter 2024 Earnings Release and Conference Call
- WYOMISSING, Pa., April 08, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2024 first quarter financial results after the market close on Thursday, April 25, 2024. The Company will host a conference call at 10:00 a.m. ET on Friday, April 26, 2024.
- 04/08/2024
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Gaming And Leisure Properties: A Wide Investment Spread Available At A Discount
- The spread between REIT cap rates and the 10-year Treasury is 142 basis points narrower than usual. Despite this, GLPI is able to maintain a healthy investment spread. Looking at their recent acquisitions, GLPI is able to command an 8.18% cap rate while it only costs them 6.89% to fund acquisitions. The 1.29% difference between 8.18% and 6.89% is available to investors at a discount.
- 03/14/2024
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The 7 Most Undervalued Mid-Cap Stocks to Buy in March 2024
- Wagering on mid-cap stocks can potentially unlock investment treasures typically overlooked in the bustling market. Nestled between the giants and the upstarts, these stocks, with market capitalizations in the $2 billion to $10 billion range, offer a unique blend of growth potential and stability.
- 03/13/2024
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39 Upcoming Dividend Increases Including 2 Dividend Kings
- Thirty-nine companies, including Coca-Cola and Telephone and Data Systems, are raising their dividends.
- 03/08/2024
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Gaming and Leisure Properties Q4: Near 7% Yield And Dividend Growth Make Them A Buy
- Gaming and Leisure Properties reported Q4 and although FFO ticked up by $0.01, revenue beat by nearly $7 million. For the full-year, FFO declined roughly 4% while revenue grew by double-digits over the same period. The revenue growth was primarily driven by recent acquisitions along with rent escalators.
- 03/05/2024
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3 Stocks to Buy at 52-Week Lows: March 4 Edition
- Dumpster diving can be fun! One man's trash is another's treasure, particularly when investing.
- 03/04/2024
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Gaming and Leisure Properties, Inc. (GLPI) Q4 2023 Earnings Call Transcript
- Gaming and Leisure Properties, Inc. (GLPI) Q4 2023 Earnings Call Transcript
- 02/28/2024
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Gaming and Leisure Properties (GLPI) Meets Q4 FFO Estimates
- Gaming and Leisure Properties (GLPI) came out with quarterly funds from operations (FFO) of $0.93 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.89 per share a year ago.
- 02/27/2024
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Gaming and Leisure Properties, Inc. Reports Record Fourth Quarter Results, Establishes 2024 Guidance and Announces 2024 First Quarter Dividend of $0.76 Per Share
- WYOMISSING, Pa., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”) today announced record results for the fourth quarter and year-ended December 31, 2023.
- 02/27/2024
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3 Cheap Dividends Primed To Surge When Rates Drop
- Look, we're going to get a slowdown here in America this year—two years' worth of rate hikes are going to hit home. Fact.
- 02/14/2024
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VICI Properties Vs. Gaming and Leisure Properties: Game On!
- In a few weeks, I will provide a keynote speech at The MoneyShow in Las Vegas and conduct research on the casino sector. This article compares two gaming REITs, Gaming and Leisure Properties and VICI Properties in terms of their portfolios, tenants, debt metrics, and financial performance. So, who's rolling the dice with me?
- 02/07/2024
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Gaming and Leisure Properties Acquires Real Estate Assets of Tioga Downs Casino Resort for $175 Million
- WYOMISSING, Pa., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI”) announced today that it acquired the real estate assets of Tioga Downs Casino Resort (“Tioga Downs”) in Nichols, NY from American Racing & Entertainment, LLC (“American Racing”) for $175.0 million.
- 02/06/2024
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Gaming and Leisure Properties, Inc. Schedules Fourth Quarter 2023 Earnings Release and Conference Call
- WYOMISSING, Pa., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2023 fourth quarter financial results after the market close on Tuesday, February 27, 2024. The Company will host a conference call at 10:00 a.m. ET on Wednesday, February 28, 2024.
- 01/25/2024
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Gaming and Leisure Properties Inc. Announces 2023 Distribution Tax Treatment
- WYOMISSING, Pa., Jan. 19, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”) announced the income tax allocation for federal income tax purposes of its aggregate distributions in 2023 of $3.15 per share of common stock (CUSIP: 36467J108).
- 01/19/2024
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The Virtuous Cycle: Why I Love 'Expensive' REITs
- Investing in REITs primarily for high income can be risky as higher yields often correspond with higher risk. REITs with a low cost of capital can buy higher quality properties, while those with a higher cost of capital are often caught in a vicious cycle of declining quality. Several net lease REITs show the dangers of getting caught in the Vicious Cycle as well as the rewards that flow from achieving the Virtuous Cycle.
- 01/13/2024
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Gaming and Leisure Properties (GLPI) Upgraded to Buy: Here's What You Should Know
- Gaming and Leisure Properties (GLPI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
- 12/27/2023
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Rewarding You: 7 REITs Yielding High Goldilocks-Zone Dividends
- Identifying potentially habitable planets in the Goldilocks Zone is a primary focus in the search for extraterrestrial intelligence. Similarly, in dividend investing, there is a Goldilocks Zone where companies take just the right amount of risk with their dividend payouts. The Seeking Alpha Premium Quant Ratings system assigns Dividend Safety grades to predict the likelihood of a dividend cut for a given company.
- 12/15/2023
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17 Ideal Pre-Crash Recovery December Divi-Dogs
- September-October, 2023, Barron's, Bloomberg, and Fortune analysts and reporters combined to list five sets of stocks sorted as “Recovery Bets.” Those five articles revealed 53 equities, with 42 paying-dividends. These recovery lists focus on financial services, healthcare, and real estate sectors by Barron's along with selected “change the world” stocks from Fortune and ten to watch from Bloomberg.
- 11/30/2023
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A November To Remember
- U.S. equity markets continued their November rally into the Thanksgiving week, while benchmark interest rates held steady around two-month lows as investors weighed easing geopolitical tensions alongside mixed economic data. Gaining for a fourth straight week since dipping into "correction territory" at the end of October, the S&P 500 gained another 1.0% this week, while the tech-heavy Nasdaq 100 advanced 0.9%. Following a nearly 5% surge in the prior week, real estate equities also finished modestly higher this week. The Equity REIT Index advanced another 0.8%, but Mortgage REITs slipped 0.2%.
- 11/26/2023
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Buried Treasures: 10 Dramatically Undervalued REITs Yielding Over 5%
- REITs have experienced a significant drop in value due to rising interest rates and inflation. However, with inflation under control and interest rates expected to stabilize or decrease, REITs are poised for a surge. A list of 28 undervalued REITs with a yield of 5% or better is provided, along with 10 additional REITs to consider.
- 11/24/2023
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Gaming and Leisure Properties: Q3 Confirms Solid Dividend Yield
- Despite inflationary pressures, GLPI reports positive financials, including a revenue increase of 7.72%. The company can make an annual distribution of $3.15 per share, which represents a dividend yield of 7.03%. After comparing the forward P/FFO of 11.64x with the sector median of 11.56x, we can say that the company is fairly valued at current valuation.
- 11/22/2023
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Disinflation Is Back
- U.S. equity markets extended their rebound to a third-straight week as benchmark interest rates dipped on economic data and corporate earnings reports showing a more distinct cooldown in economic activity. Gaining for a third-straight week and extending its rebound to nearly 10% since dipping into "correction territory" at the end of October, the S&P 500 gained another 2.4% this week. Lifted by the retreat in benchmark interest rates, real estate equities have roared back to life over the past three weeks. Equity REITs and Mortgage REITs each gained another 4.7%.
- 11/19/2023
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Gaming and Leisure Properties: Play With House Money
- Gaming and Leisure Properties offers opportunity due to its pricing power, efficient cost structure, and attractive dividend yield. GLPI owns 61 properties across the US, with 88% of rent coming from premier, publicly-traded gaming companies. GLPI has demonstrated resilient results, with strong profitability and potential for growth through rent resets and development pipeline.
- 11/14/2023
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BXP or GLPI: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either Boston Properties (BXP) or Gaming and Leisure Properties (GLPI). But which of these two stocks is more attractive to value investors?
- 11/13/2023
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Gaming and Leisure Properties Inc. (GLPI) Q3 2023 Earnings Call Transcript
- Gaming and Leisure Properties Inc. (NASDAQ:GLPI ) Q3 2023 Results Conference Call October 27, 2023 10:00 AM ET Company Participants Joe Jaffoni - Investor Relations Peter Carlino - Chairman of the Board & CEO Desiree Burke - CFO & Treasurer Matthew Demchyk - Senior VP & Chief Investment Officer Brandon Moore - COO, General Counsel & Secretary Steven Ladany - Senior VP & Chief Development Officer Conference Call Participants Greg McGinniss - Scotiabank Jay Kornreich - Wedbush Barry Jonas - Truist Securities Haendel St. Juste - Mizuho Daniel Guglielmo - Capital One Securities Chad Beynon - Macquarie David Katz - Jefferies Smedes Rose - Citi Connor Siversky - Wells Fargo Robin Farley - UBS R.J. Milligan - Raymond James Chris Darling - Green Street Operator Greetings, and welcome to Gaming and Leisure Properties Inc Third Quarter 2023 Earnings Conference Call.
- 10/27/2023
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Here's What Key Metrics Tell Us About Gaming and Leisure Properties (GLPI) Q3 Earnings
- While the top- and bottom-line numbers for Gaming and Leisure Properties (GLPI) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 10/26/2023
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5 Large-Cap Stocks to Buy Ahead of Q3 Earnings This Week
- We have narrowed our search to five large-cap stocks that are set to declare third-quarter earnings results this week. These are: EW, VICI, VMC, GLPI, MBLY.
- 10/25/2023
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Gaming and Leisure Properties, Inc. Schedules Third Quarter 2023 Earnings Release and Conference Call
- WYOMISSING, Pa., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2023 third quarter financial results after the market close on Thursday, October 26, 2023. The Company will host a conference call at 10:00 a.m. ET on Friday, October 27, 2023.
- 10/16/2023
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CDP vs. GLPI: Which Stock Is the Better Value Option?
- Investors interested in REIT and Equity Trust - Other stocks are likely familiar with COPT Defense (CDP) and Gaming and Leisure Properties (GLPI). But which of these two stocks is more attractive to value investors?
- 10/16/2023
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7 High-Yield Dividend Stocks That Get the Analyst Thumbs Up
- In the fast-paced world of investing, high-yield dividend stocks are becoming a beacon for those craving both stability and robust returns. Amid a financial landscape punctuated by unpredictable layoffs and persistent inflation, these dividend giants offer a silver lining.
- 10/10/2023
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CDP or GLPI: Which Is the Better Value Stock Right Now?
- Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both COPT Defense (CDP) and Gaming and Leisure Properties (GLPI). But which of these two companies is the best option for those looking for undervalued stocks?
- 09/29/2023
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14 Upcoming Dividend Increases
- The article provides insights on upcoming dividend increases, indicating strong business performance and commitment to rewarding shareholders. The list includes companies with at least five years of consistent dividend growth and higher total dividends paid out each year. The article also includes tables and metrics to help investors prioritize stocks based on yield, growth rates, and historical returns.
- 09/08/2023
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Get A Smaller Piece Of Vegas With Gaming and Leisure Properties
- Gaming and Leisure Properties is a REIT in the gaming industry that owns 59 casino properties in 18 states. GLPI's properties are spread out throughout the nation, with most located in the Northeast and Midwest. GLPI, in conjunction with Bally's, recently entered into an agreement with MLB team Oakland A's to bring the team to Las Vegas.
- 09/05/2023
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Who's Doubling Down On Casinos?
- Leisure and entertainment destinations were heavily impacted by the pandemic but are now experiencing increased consumer demand. VICI Properties and Gaming and Leisure Properties are two top leisure and hospitality REITs with different market caps. VICI Properties has outperformed Gaming and Leisure Properties over the past five years and has a strong portfolio of gaming, hospitality, and entertainment destinations.
- 09/05/2023
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ESRT vs. GLPI: Which Stock Is the Better Value Option?
- Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Empire State Realty Trust (ESRT) and Gaming and Leisure Properties (GLPI). But which of these two stocks presents investors with the better value opportunity right now?
- 09/04/2023
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Daily Dividend Report: Alamos Gold, Gaming And Leisure Properties, Deere, Quanta Services, ChampionX
- Daily Dividend Report: AGI,GLPI,DE,PWR,CHX
- 08/31/2023
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ESRT or GLPI: Which Is the Better Value Stock Right Now?
- Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Empire State Realty Trust (ESRT) and Gaming and Leisure Properties (GLPI). But which of these two stocks presents investors with the better value opportunity right now?
- 08/17/2023
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5 REITs That Will Likely Hike Their Dividends
- REITs are historically cheap due to high interest rates. But the high inflation is leading to rapid rent growth. Here are 5 undervalued REITs that are likely to hike their dividend.
- 08/07/2023
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Gaming and Leisure Properties, Inc. (GLPI) Q2 2023 Earnings Call Transcript
- Gaming and Leisure Properties, Inc. (NASDAQ:GLPI ) Q2 2023 Earnings Conference Call July 28, 2023 10:00 AM ET Company Participants Joe Jaffoni - Investor Relations Peter Carlino - Chairman & Chief Executive Officer Desiree Burke - Chief Financial Officer & Treasurer Matthew Demchyk - Senior Vice President & Chief Investment Officer Brandon Moore - Chief Operating Officer, General Counsel & Secretary Steve Ladany - Senior Vice President & Chief Development Officer Conference Call Participants Barry Jonas - Truist Securities Haendel St. Juste - Mizuho Chad Beynon - Macquarie Daniel Guglielmo - Capital One Securities Smedes Rose - Citi Greg McGinniss - Scotiabank Ronald Kamdem - Morgan Stanley Robin Farley - UBS David Katz - Jefferies Todd Thomas - Keybanc Capital Markets Mitch Germain - JMP Securities Operator Greetings, and welcome to the Gaming and Leisure Properties Second Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.
- 07/28/2023
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Is This Casino REIT's Higher Yield Worth the Added Risk?
- There are two large gaming REITs, Gaming & Leisure Properties and Vici Properties. Gaming & Leisure's yield is almost a full percentage point higher than Vici's.
- 07/20/2023
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Gaming and Leisure Properties: A 6% Yield From Casino Properties
- GLPI is expanding its portfolio of casino properties to support a growing dividend payout. The REIT's annual dividend yield currently stands at around 6% with the last quarterly distribution forming a 76.6% payout ratio against fiscal 2023 first quarter FFO. Casinos stand to remain resilient through what's expected to be strong macroeconomic pressures through 2023.
- 06/29/2023
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BDN or GLPI: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either Brandywine Realty Trust (BDN) or Gaming and Leisure Properties (GLPI). But which of these two stocks is more attractive to value investors?
- 06/27/2023
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Countercyclical Investment Opportunities For REIT Investors
- The economy is clearly slowing, if not contracting. REIT investors should consider pivoting to property sectors with stronger countercyclical performance. Top options for a slowing or contracting economy include health care and self-storage, though the oversold retail sector may present some opportunities.
- 05/18/2023
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Winners Of REIT Earnings Season
- You wouldn't know it by reading the mainstream financial press, but there's more to commercial real estate than office buildings. Obscured by office pain, REITs delivered surprisingly strong first quarter results. Of the 83 equity REITs that provide full-year Funds from Operations ("FFO") guidance, 37 (44%) raised their full-year earnings outlook, while 5 (6%) lowered guidance.
- 05/09/2023
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I'm Betting On Casinos (Not In Casinos)
- While in Las Vegas, I will be looking hard at the drivers of the gaming industry. That includes consideration of the peers and the moat around the business, that is how they generate a competitive advantage that helps preserve pricing power and profitability.
- 05/08/2023
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Gaming and Leisure Properties (GLPI) Beats Q1 FFO and Revenue Estimates
- Gaming and Leisure Properties (GLPI) came out with quarterly funds from operations (FFO) of $0.92 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to FFO of $0.86 per share a year ago.
- 04/27/2023
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Housing Recession Is Over
- Housing Recession Is Over.
- 04/23/2023
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Gaming and Leisure Properties: Spread Analysis Indicates That It Is Fairly Valued
- Gaming and Leisure Properties: Spread Analysis Indicates That It Is Fairly Valued
- 04/19/2023
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3 Dividend Stocks to Buy That Have a High Return on Equity
- Dividend stocks are a very beneficial foundation for an investment portfolio. First, they offer a return that is not directly tied to a company's share price, which can help investors through downturns in the market.
- 04/15/2023
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Gaming and Leisure Properties, Inc. Schedules First Quarter 2023 Earnings Release and Conference Call
- WYOMISSING, Pa., April 11, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2023 first quarter financial results after the market close on Thursday, April 27, 2023. The Company will host a conference call at 10:00 a.m. ET on Friday, April 28, 2023.
- 04/11/2023
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Gaming and Leisure Properties: Stable Model Should Pillar Long-Term Success
- Gaming and Leisure Properties, Inc. had an excellent performance in 2022, raising its share price by double digits and creating healthy profit margins. I attribute the company's good performance to its good business model, aggressive growth, and growing rent rates.
- 03/28/2023
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Top Stocks To Buy Now? 3 REIT Stocks To Watch
- Do you have these three REIT stocks on your radar now?
- 03/16/2023
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Look To REITs For Reliable Yield Even In Recessionary Environment
- Investors who want exposure to real estate, but who don't want to deal with clogged toilets, leaky roofs, and late rental payments often turn to real estate investment trusts, or REITs, which are reliable sources of income.
- 03/13/2023
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32 Upcoming Dividend Increases Including 2 Dividend Kings
- All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 8.3% and a median increase of 8.1%.
- 03/02/2023
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What is the Best High-Yield Dividend Stock to Buy Now? Our 7 Top Picks
- In today's market, investors have plenty of options when it comes to high-yield stocks. However, it is best to be selective and focus on the best high-yield dividend stocks.
- 03/02/2023
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3 High-Yield Dividend Stocks That Are Probably Not On Your Radar
- A high dividend yield can be an attractive feature, as it's a way of gauging a stock's dividend payout relative to its price. Some of the highest yields can be found in oil-and-gas master limited partnerships and tanker companies, but you can also get high yields from many other sectors and industries.
- 03/02/2023
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Inflation Remains A Problem
- U.S. equity markets posted their worst week of the year as benchmark interest rates jumped to three-month highs on data showing a surprising reacceleration in inflation and economic activity in January. Declining for a third straight week - a skid that follows a stretch of four-of-five weekly gains to start the year - the S&P 500 dipped 2.7% while the Nasdaq declined over 3%.
- 02/26/2023
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Gaming and Leisure Properties, Inc. (GLPI) Q4 2022 Earnings Call Transcript
- Gaming and Leisure Properties, Inc. (NASDAQ:GLPI ) Q4 2022 Earnings Conference Call February 24, 2023 10:00 AM ET Company Participants Joe Jaffoni - Investor Relations Peter Carlino - Chairman and Chief Executive Officer Desiree Burke - Chief Financial Officer and Treasurer Brandon Moore - Chief Operating Officer, General Counsel and Secretary Matthew Demchyk - Senior Vice President and Chief Investment Officer Steven Ladany - Senior Vice President and Chief Development Officer Conference Call Participants Greg McGinniss - Scotiabank Brad Heffern - RBC Haendel St. Juste - Mizuho Rich Anderson - SMBC Barry Jonas - Truist Securities David Katz - Jefferies Daniel Gulino - Capital One Ronald Kamdem - Morgan Stanley John Massocca - Ladenburg Thalmann Robin Farley - UBS John DeCree - CBRE Securities Mitch Germain - JMP Securities Operator Greetings. Welcome to the Gaming and Leisure Properties, Inc. Fourth Quarter 2022 Earnings Conference Call.
- 02/24/2023
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Gaming and Leisure Properties (GLPI) Matches Q4 FFO Estimates
- Gaming and Leisure Properties (GLPI) delivered FFO and revenue surprises of 0% and 0.07%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/23/2023
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Gaming and Leisure Properties, Inc. Schedules Fourth Quarter 2022 Earnings Release and Conference Call
- WYOMISSING, Pa., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2022 fourth quarter financial results after the market close on Thursday, February 23, 2023. The Company will host a conference call at 10:00 a.m. ET on Friday, February 24, 2023.
- 02/02/2023
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5 Best and Worst Performing Real Estate Stocks in Q4 2022
- High interest rates and a looming recession could make 2023 a challenging year for commercial real estate.
- 01/27/2023
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Gaming & Leisure Properties: Limited Upside
- Gaming & Leisure Properties has significantly outperformed the broader REIT space over the past year, producing a positive total return of 27%. In a turbulent macro environment, Gaming & Leisure has benefitted from contractually guaranteed cash flows under its triple net lease structure.
- 01/17/2023
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These 3 Stocks Are at All-Time Highs -- Are They Worth Buying?
- Not every stock has been hammered in the recent downturn. Could these three highfliers have more room to run?
- 01/15/2023
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The State Of REITs: January 2023 Edition
- The REIT sector ended a brutal 2022 on a low note, with a -7.72% total return in December. Large cap (-4.89%), mid cap (-6.03%) and small cap (-8.21%) REITs all averaged single-digit declines December, but micro caps (-15.21%) fell much more sharply.
- 01/10/2023
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Why You Should Invest $100 in BALY Stock Now
- Are you ready to bet a C-note at Wall Street's huge casino? If so, feel free to give Bally's (NYSE: BALY ) stock a try.
- 01/09/2023
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Welcome Back, Goldilocks
- U.S. equity markets rallied on the first week of the year after employment data showed strong job growth alongside a cool down in wage pressures, reviving hopes of a 'soft landing'. After posting declines of nearly 20% in 2022, the S&P 500 advanced 1.5% on the week- snapping a three-week skid- while the domestic-focused Mid-Cap 400 and Small-Cap 600 gained 2.5%.
- 01/08/2023
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Two Casino Stocks Stand Out As Inflation Hedges, Las Vegas Plays
- Both are benefiting from a rebound in Las Vegas visits and inflation protections in their leases. The post Two Casino Stocks Stand Out As Inflation Hedges, Las Vegas Plays appeared first on Investor's Business Daily.
- 12/15/2022
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My 2022 Top 5 Beat By >10%, Plus My Top Buys For 2023
- My top 5 picks for 2022 outperformed the S&P 500 by over 14%. I provide an update for those stocks in this article, two of which remain top picks for the coming year.
- 12/14/2022
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Casino REITs: Hold'Em As Others Fold
- The lone property sector in positive-territory this year, Casino REITs have benefited from their attractive “inflation-hedging” lease structure, the rebound in Las Vegas travel demand, and broader institutional investor acceptance. Casino REITs remain a favorite for investors seeking inflation-hedged assets. VICI boasts inflation-linked escalators on 96% of leases while GLPI benefits from indirect inflation hedges linked to tenant performance.
- 12/13/2022
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Gaming And Leisure Properties: A Good Bet For Income And Growth
- Gaming and Leisure Properties' triple-net lease business model helps to shield it from near-term economic uncertainty. Recent acquisitions contribute to projected AFFO per share growth for this year.
- 11/19/2022
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These Were The Five Best- And Worst-Performing Real Estate Stocks In October 2022
- Real estate stocks help investors insulate their portfolio against rising inflation.
- 11/11/2022
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Gaming and Leisure Properties, Inc. (GLPI) Q3 2022 Earnings Call Transcript
- Gaming and Leisure Properties, Inc. (NASDAQ:GLPI ) Q3 2022 Earnings Conference Call October 28, 2022 10:00 AM ET Company Participants Joe Jaffoni - Investor Relations Peter Carlino - Chairman and CEO Brandon Moore - EVP, General Counsel, and Secretary Desiree Burke - SVP, Chief Accounting Officer, and Treasurer Steve Ladany - SVP and Chief Development Officer Matthew Demchyk - SVP and Chief Investment Officer Conference Call Participants Neil Malkin - Capital One Securities Barry Jonas - Truist Securities Greg McGinniss - Scotiabank Haendel St. Juste - Mizuho Jay Kornreich - CMBC Brad Heffern - RBC Capital Markets David Katz - Jefferies Bennett Rose - Citigroup Ronald Kamdem - Morgan Stanley John Massocca - Ladenburg Thalmann Robin Farley - UBS Todd Thomas - KeyBanc Capital Markets Operator Greetings. Welcome to Gaming and Leisure Properties Third Quarter 2022 Earnings Conference Call.
- 10/28/2022
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Gaming and Leisure Properties (GLPI) Beats Q3 FFO and Revenue Estimates
- Gaming and Leisure Properties (GLPI) delivered FFO and revenue surprises of 1.14% and 4.03%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 10/27/2022
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OUT vs. GLPI: Which Stock Is the Better Value Option?
- OUT vs. GLPI: Which Stock Is the Better Value Option?
- 10/14/2022
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Gaming and Leisure Properties, Inc. Schedules Third Quarter 2022 Earnings Release and Conference Call
- WYOMISSING, Pa., Oct. 07, 2022 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2022 third quarter financial results after the market close on Thursday, October 27, 2022. The Company will host a conference call at 10:00 a.m. ET on Friday, October 28, 2022.
- 10/07/2022
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Buy 19 September 2021 Exceptional Dividend Dogs Now
- Last year, May-August 2021, Kiplinger-Today listed eight sets of stocks sorted as: best-buys for 2021, infrastructure-plays, value, growth, small-cap, high-yield, housing-bets, and cash-flow-gushers. Those eight "exceptional-dividend" articles revealed 86-equities, 76-paying-dividends. Kiplinger article-titles were, '21 Best Stocks to Buy'; '14 Best Infrastructure Stocks'; '16 Best Value; '10 Dividends-Growth'; '6 Small-Cap'; '10 High-Yield 4% or More;' '12 Housing; '10 Cash-Flow-Gushers.'
- 09/29/2022
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GEO or GLPI: Which Is the Better Value Stock Right Now?
- GEO vs. GLPI: Which Stock Is the Better Value Option?
- 09/23/2022
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3 Best Sin Stocks to Buy Now
- Given the cannabis movement that's taken hold in recent years, I wonder if anyone cares about sin stocks anymore. So, I Googled “best sin stocks.
- 09/15/2022
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7 REITs to Buy Now
- Editor's note: This article is regularly updated with the latest information. Given the recent performance of the sector, now may not seem like a great time to buy real estate investment trusts (REITs).
- 09/09/2022
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VICI Properties Vs. Gaming and Leisure Properties: Rolling The Dice On Casino Real Estate
- VICI and GLPI are similarly focused businesses with very different locational bets. VICI is relatively concentrated on the Las Vegas Strip, while GLPI is largely regional.
- 09/09/2022
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2 Loyal Payers Announce Dividends
- First Savings Financial Group Inc. ( FSFG , Financial) and Gaming and Leisure Properties Inc. ( GLPI , Financial) recently announced their next dividends. Dividend investors could be interested in these stocks, as they have been paying dividends for many years and have increased their payments very fast over the past year.
- 09/01/2022
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MDV vs. GLPI: Which Stock Should Value Investors Buy Now?
- MDV vs. GLPI: Which Stock Is the Better Value Option?
- 08/23/2022
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Gaming and Leisure Properties, Inc. (GLPI) CEO Peter Carlino on Q2 2022 Results - Earnings Call Transcript
- Gaming and Leisure Properties, Inc. (NASDAQ:GLPI ) Q2 2022 Earnings Conference Call July 29, 2022 10:00 AM ET Company Participants Joe Jaffoni - Investor Relations Peter Carlino - Chairman and Chief Executive Officer Desiree Burke - Senior Vice President, Chief Accounting Officer, and Treasurer Brandon Moore - Executive Vice President, General Counsel, and Secretary Steve Ladany - Senior Vice President, Chief Development Officer Matthew Demchyk - Senior Vice President, Chief Investment Officer Conference Call Participants Neil Malkin - Capital One Securities Barry Jonas - Truist Securities Haendel St. Juste - Mizuho Jay Kornreich - SMBC Ronald Kamdem - Morgan Stanley John Massocca - Ladenburg Thalmann Smedes Rose - Citi David Balaguer - Green Street John DeCree - CBRE Robin Farley - UBS Operator Greetings. Welcome to the Gaming and Leisure Properties' Second Quarter 2022 Earnings Conference Call.
- 07/29/2022
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Gaming and Leisure Properties (GLPI) Q2 FFO and Revenues Beat Estimates
- Gaming and Leisure Properties (GLPI) delivered FFO and revenue surprises of 1.11% and 0.15%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 07/28/2022
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Gaming And Leisure Properties - Great REIT
- 88% technical buy signals. 14 new highs and up 9.34% in the last month.
- 07/26/2022
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Gaming and Leisure Properties, Inc. Schedules Second Quarter 2022 Earnings Release and Conference Call
- WYOMISSING, Pa., July 13, 2022 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2022 second quarter financial results after the market close on Thursday, July 28, 2022. The Company will host a conference call at 10:00 a.m. ET on Friday, July 29, 2022.
- 07/13/2022
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HIW vs. GLPI: Which Stock Should Value Investors Buy Now?
- HIW vs. GLPI: Which Stock Is the Better Value Option?
- 07/07/2022
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4 Stocks To Watch As Home Price Increases Slow
- The economy is slowing, and the housing market will be allowed to cool off. We think the story isn't so linear, with a cooling of the housing market actually creating some vectors of health on top of secular forces supporting it in the US.
- 07/07/2022
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Are REIT Stocks A Good Investment Now? Yes, They're Resilient
- REITs perform well late in the cycle and offer a lot of options to select markets and tenants. The focus must be on the income benefits, not the portfolio value, which will have to fall with rising rates.
- 07/05/2022
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7 REITs to Buy in July 2022
- Rising interest rates and recession fears have put pressure on the real estate space, creating an opportunity in these REITs to buy. The post 7 REITs to Buy in July 2022 appeared first on InvestorPlace.
- 07/04/2022
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15 June Exceptional Dividend Dogs Primed To Buy
- May to August 2021, Kiplinger-Today listed eight sets of stocks sorted as: best-buys for 2021, infrastructure-plays, value, growth, small-cap, high-yield, housing-bets, and cash-flow-gushers. Those eight "exceptional-dividend" articles revealed 86-equities, 76-paying-dividends. Kiplinger article-titles were, '21 Best Stocks to Buy'; '14 Best Infrastructure Stocks'; '16 Best Value; '10 Dividends-Growth'; '6 Small-Cap'; '10 High-Yield 4% or More;' '12 Housing; '10 Cash-Flow-Gushers.'
- 06/14/2022
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Gaming and Leisure Properties: The Safest Dividend Is One That's Just Been Raised
- Gaming and Leisure Properties is a net consolidator in the gaming segment with 31 property acquisitions since 2011. GLPI has plenty of opportunities to pursue development on its increased asset base and through external growth.
- 05/23/2022
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The Greatest REIT Wannabes Of All Time: Part II
- Many of you are familiar with the "CCC" list that includes the champions, contenders, and challengers. We look favorably on companies that can increase their dividend without some form of financial engineering.
- 05/17/2022
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Gaming and Leisure Properties, Inc. (GLPI) CEO Peter Carlino on Q1 2022 Results - Earnings Call Transcript
- Gaming and Leisure Properties, Inc. (NASDAQ:GLPI ) Q1 2022 Earnings Conference Call April 29, 2022 10:00 AM ET Company Representatives Peter Carlino - Chairman, Chief Executive Officer Desiree Burke - Senior Vice President, Chief Accounting Officer, Treasurer Brandon Moore - Executive Vice President, General Counsel, Secretary Steve Ladany - Senior Vice President, Chief Development Officer Matthew Demchyk - Senior Vice President, Chief Investment Officer Joe Jaffoni - Investor Relations Conference Call Participants Neil Malkin - Capital One Securities Jay Kornreich - SMBC David Katz - Jefferies Smedes Rose - Citi Daniel Adam - Loop Capital Markets John Massocca - Ladenburg Thalmann Robin Farley - UBS Barry Jonas - Truist Securities Spenser Allaway - Green Street Operator Greetings! Welcome to the Gaming and Leisure Properties, Inc., First Quarter 2022 Earnings Conference Call.
- 04/29/2022
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Gaming and Leisure Properties (GLPI) Q1 FFO Lag Estimates
- Gaming and Leisure Properties (GLPI) delivered FFO and revenue surprises of -1.15% and 4.44%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 04/28/2022
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Gaming and Leisure Properties, Inc. Schedules First Quarter 2022 Earnings Release and Conference Call
- WYOMISSING, Pa., April 12, 2022 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2022 first quarter financial results after the market close on Thursday, April 28, 2022. The Company will host a conference call at 10:00 a.m. ET on Friday, April 29, 2022.
- 04/12/2022
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Which Stocks Pay Dividends? 5 With Mega Yields of 2%+
- Investors trying to find which stocks pay out the best dividends are in luck because that's the topic we're covering today! The post Which Stocks Pay Dividends?
- 03/23/2022
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Avoid High Yielding REITs: Don't Get Too Cute
- Avoid High Yielding REITs: Don't Get Too Cute
- 03/14/2022
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Gaming and Leisure Properties Is Defensive, But Not Recession-Proof
- GLPI trades at a P/FFO of 14.79x which makes it undervalued when compared to the sector median of 19.7x (-24.09%) and overvalued vs historical P/FFO of 14.18x.
- 03/09/2022
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ESRT vs. GLPI: Which Stock Is the Better Value Option?
- ESRT vs. GLPI: Which Stock Is the Better Value Option?
- 03/02/2022
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Gaming and Leisure Properties, Inc. (GLPI) CEO Peter Carlino on Q4 2021 Results - Earnings Call Transcript
- Gaming and Leisure Properties, Inc. (GLPI) CEO Peter Carlino on Q4 2021 Results - Earnings Call Transcript
- 02/25/2022
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Gaming and Leisure Properties (GLPI) Lags Q4 FFO Estimates
- Gaming and Leisure Properties (GLPI) delivered FFO and revenue surprises of -3.41% and 1.22%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/24/2022
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Gaming And Leisure Properties In A Good Place Now, But Where They Go From Here Is Key
- Since its spinoff from Penn National Gaming in 2013 it has not missed a dividend or suffered major rent concession demands during COVID.
- 02/22/2022
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Gaming and Leisure Properties, Inc. Schedules Fourth Quarter 2021 Earnings Release and Conference Call
- WYOMISSING, Pa., Feb. 03, 2022 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2021 fourth quarter financial results after the market close on Thursday, February 24, 2022. The Company will host a conference call at 10:00 a.m. ET on Friday, February 25, 2022.
- 02/03/2022
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These 3 REITs Are Hard To Beat
- It's going to be hard to repeat 2021's REIT-sector success. But we believe we can at least come very close. With that said, REIT investing is no longer easy-peasy, since many names are now expensive to buy.
- 02/01/2022
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Inflation Busters: I Ain't Afraid Of These REITs
- Real estate has historically benefited from inflationary environments.
- 01/26/2022
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Gaming and Leisure Properties: Why It's Time To Bet On This 6% Yielder
- Gaming and Leisure Properties has a strong collection of assets leased to top gaming operators across the country. It benefits from triple-net leases and has plenty of growth runway.
- 01/26/2022
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My Top 5 Dividend Stocks For 2022
- The average yield for the five stocks is 2.66%.
- 12/30/2021
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Why Is Everyone Talking About Gaming and Leisure Properties?
- The casino REIT continues to find attractive growth opportunities in the gaming space and looks to broaden its scope.
- 12/23/2021
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13 Exceptional December Dividend Dog Deals
- May to August 2021, Kiplinger-Today listed eight sets of stocks sorted as: best-buys for 2021, infrastructure-plays, value, growth, small-cap, high-yield, housing-bets, and cash-flow-gushers. Those-eight "exceptional-dividend" articles revealed 86-equities, 76 paying-dividends.
- 12/09/2021
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1 To Buy Out Of 37 Billionaire Holdings In November
- Kiplinger Investing publishes opportune source-lists for investors online. Two recent billionaires stock-lists by Dan Burrows were published 6/1/21 and 9/9/21. 20 of the 37 billionaire-held stocks pay dividends. As of 11/21/21, the top-ten ranged 1.28%-5.77% by annual yield and ranged 18.52%-56.53% per broker-estimated price-target upsides.
- 11/23/2021
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Gaming And Leisure Properties: 5% Yield With Economic Moat
- Gaming And Leisure Properties: 5% Yield With Economic Moat
- 11/11/2021
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GEO vs. GLPI: Which Stock Is the Better Value Option?
- GEO vs. GLPI: Which Stock Is the Better Value Option?
- 11/10/2021
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11 Exceptional November Dividend Buys
- May-August 2021, Kiplinger Today listed eight sets of stocks sorted as: best-buys for 2021, infrastructure-plays, value, growth, small-cap, high-yield, housing-bets, and cash-flow-gushers. Those eight "exceptional-dividend" articles revealed 86 equities, 76 paying dividends. Kiplinger article titles were, '21 Best Stocks to Buy'; '14 Best Infrastructure Stocks'; '16 Best Value'; '10 Dividends-Growth'; '6 Small-Cap'; '10 High-Yield 4% or More'; '12 Housing'; '10 Cash-Flow-Gushers.'
- 11/09/2021
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Gaming and Leisure Properties, Inc. (GLPI) CEO Peter Carlino on Q3 2021 Results - Earnings Call Transcript
- Gaming and Leisure Properties, Inc. (GLPI) CEO Peter Carlino on Q3 2021 Results - Earnings Call Transcript
- 10/29/2021
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Gaming and Leisure Properties (GLPI) Lags Q3 FFO Estimates
- Gaming and Leisure Properties (GLPI) delivered FFO and revenue surprises of -1.12% and 1.37%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 10/28/2021
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Gaming and Leisure Properties, Inc. Schedules Third Quarter 2021 Earnings Release and Conference Call
- WYOMISSING, Pa., Oct. 13, 2021 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2021 third quarter financial results after the market close on Thursday, October 28, 2021. The Company will host a conference call at 10:00 a.m. ET on Friday, October 29, 2021.
- 10/13/2021
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HIW vs. GLPI: Which Stock Is the Better Value Option?
- HIW vs. GLPI: Which Stock Is the Better Value Option?
- 10/04/2021
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14 Exceptional Dividend Buys For October
- May to August, 2021, Kiplinger-Today listed eight sets of stocks sorted as: best-buys for 2021, infrastructure-plays, value, growth, small-cap, high-yield, housing-bets, and cash-flow-gushers. Those eight "exceptional-dividend" articles revealed 86 equities,.
- 09/30/2021
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Gaming and Leisure Properties, Inc. Appoints JoAnne A. Epps to Board of Directors
- WYOMISSING, Pa., Sept. 28, 2021 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”), announced today that JoAnne A. Epps has been appointed to the Board of Directors as a new independent director. Ms. Epps brings the total number of directors to eight, seven of whom are considered independent according to the listing standards of the Nasdaq Stock Exchange.
- 09/28/2021
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Top 5 Sales Growth Stocks Worth Adding to Your Portfolio
- Sales growth is a vital indicator of any company's financial health. Let's check Olin (OLN), salesforce.com (CRM), Comstock Resources (CRK), Gaming and Leisure Properties (GLPI), and Stanley Black & Decker (SWK) as these are likely to record top-line growth.
- 09/28/2021
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7 High-Yield Dividend Stocks That Will Please Any Income Lover
- These seven dividend stocks, all yielding 5% or more, make great additions to any income investor's portfolio. The post 7 High-Yield Dividend Stocks That Will Please Any Income Lover appeared first on InvestorPlace.
- 09/23/2021
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What Makes Gaming and Leisure Properties (GLPI) a New Buy Stock
- Gaming and Leisure Properties (GLPI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
- 09/20/2021
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Show Me The Money: Nothing But Net (Lease)
- This week in our "show me the money" series, we decided to focus on the net lease REIT sector.
- 08/30/2021
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Gaming and Leisure Properties, Inc. Declares Third Quarter 2021 Cash Dividend of $0.67 Per Share
- WYOMISSING, Pa., Aug. 27, 2021 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”), announced today that the Company's Board of Directors has declared the third quarter 2021 cash dividend of $0.67 per share of its common stock. The dividend is payable on September 24, 2021 to shareholders of record on September 10, 2021.
- 08/27/2021
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This Small-Cap Stock Sees a $100 Billion Growth Opportunity
- Here's a small and unique real estate stock with a ton of runway ahead.
- 08/27/2021
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Kiplinger Exceptional August 2021 Dividends Features 13 Ideal Dogs
- May-August, 2021, Kiplinger-Today listed eight-sets of stocks sorted as: best-buys for 2021, infrastructure-plays, value, growth, small-cap, high-yield, housing-bets, and cash-flow-gushers. Those eight "exceptional-dividend" articles revealed 86 equities. 76 pay-dividends. Kiplinger article-titles were, '21 Best Stocks to Buy'; '14 Best Infrastructure Stocks'; '16 Best Value; '10 Dividends-Growth'; '6 Small-Cap'; '10 High-Yield 4% or More;' '12 Housing; '10 Cash-Flow-Gushers.'
- 08/18/2021
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Gaming and Leisure Properties (GLPI) Upgraded to Buy: Here's What You Should Know
- Gaming and Leisure Properties (GLPI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 08/04/2021
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Gaming and Leisure Properties, Inc. (GLPI) CEO Peter Carlino on Q2 2021 Results - Earnings Call Transcript
- Gaming and Leisure Properties, Inc. (GLPI) CEO Peter Carlino on Q2 2021 Results - Earnings Call Transcript
- 07/30/2021
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Gaming and Leisure Properties (GLPI) Surpasses Q2 FFO and Revenue Estimates
- Gaming and Leisure Properties (GLPI) delivered FFO and revenue surprises of 1.16% and 6.00%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 07/29/2021
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Gaming and Leisure Properties, Inc. Reports Record Second Quarter 2021 Results
- WYOMISSING, Pa., July 29, 2021 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”) today announced record financial results for the quarter ended June 30, 2021.
- 07/29/2021
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5 Large-Cap Stocks to Buy Before Their Earnings After Market
- We have narrowed down our search to five large-cap stocks that are slated to release earnings results today after the closing bell. These are: FTNF, DECK, MHK, GLPI and WELL.
- 07/29/2021
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Pre-August Billionaire Flash: 63 Stocks, 41 Dividends, 3 Buys
- Kiplinger Investing publishes opportune buy-lists for investors online. Two billionaire stock-lists by Dan Burrows included 50 published 12/8/20, with 30 more out June 1, 2021. Seventeen were duplicated, leaving 63. 41 of these 63 billionaire-held stocks pay dividends. As of 7/20/21, the top-ten ranged 2.52%-6.22% by annual yield and ranged 23.13%-52.70% per broker-estimated price-target upsides.
- 07/22/2021
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10 High-Quality Stocks With Dividend Yields of 4% or More
- There's no shortage of stocks with dividends these days, but not all of them are worth chasing. Here's a list of top-rated, high-yielding names to consider.
- 07/12/2021
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Gaming And Leisure Properties Is A Good Growth Story
- Prior to the COVID-19 pandemic, Gaming and Leisure Properties exhibited attractive growth. The crisis slowed things down, but the company looks, as a whole, quite robust at the moment.
- 06/30/2021
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Gaming and Leisure Properties, Inc. Schedules Second Quarter 2021 Earnings Release and Conference Call
- WYOMISSING, Pa., June 29, 2021 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2021 second quarter financial results after the market close on Thursday, July 29, 2021. The Company will host a conference call at 10:00 a.m. ET on Friday, July 30, 2021.
- 06/29/2021
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GEO or GLPI: Which Is the Better Value Stock Right Now?
- GEO vs. GLPI: Which Stock Is the Better Value Option?
- 06/23/2021
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Gaming and Leisure Properties Completes Acquisition of Two Regional Gaming Properties, Enters into Master Lease Agreement with Bally's Corporation
- Adds Fifth Tenant Relationship Through Long-Term Partnership with Bally's Corporation Adds Fifth Tenant Relationship Through Long-Term Partnership with Bally's Corporation
- 06/04/2021
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Dividend Increases: May 15-21, 2021
- Dividend Increases: May 15-21, 2021
- 05/26/2021
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Gaming and Leisure Properties, Inc. Declares an increased Second Quarter 2021 Cash Dividend of $0.67 Per Share
- WYOMISSING, Pa., May 20, 2021 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”), announced today that the Company's Board of Directors declared the second quarter 2021 cash dividend of $0.67 per share of its common stock, an increase of $.02 per share per quarter, or 3 percent. The dividend is payable on June 25, 2021 to shareholders of record on June 11, 2021.
- 05/20/2021
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Gaming and Leisure Properties, Inc. (GLPI) CEO Peter Carlino on Q1 2021 Results - Earnings Call Transcript
- Gaming and Leisure Properties, Inc. (GLPI) CEO Peter Carlino on Q1 2021 Results - Earnings Call Transcript
- 04/30/2021
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Gaming And Leisure Properties Is Certainly Not A Gamble
- This is a triple net lease company in an industry set to outperform many of the rest. The company has done a great job in altering its lease agreements to create more value for its shareholders.
- 04/18/2021
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Why Bally's Stock Crapped Out Today
- The casino company made four different announcements today, and investors didn't like the bottom line.
- 04/13/2021
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Bally's Goes on Spending Spree, Buys Iconic Tropicana Casino and Gamesys
- The casino operator is looking to expand further into online gaming.
- 04/13/2021
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GLPI Expands Relationship with Bally's Through Strategic Transactions
- WYOMISSING, Pa., April 13, 2021 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or “the Company”) announced today that it entered into a binding term sheet with Bally's Corporation (NYSE: BALY) (“Bally's”) to acquire the real estate assets of Bally's casino property in Black Hawk, CO and the property it plans to acquire in Rock Island, IL, in a transaction which is subject to regulatory approval and expected to close later this year. Total consideration for the acquisition is $150 million. The parties expect to add the properties to the master lease they are entering into in connection with Bally's previously announced acquisitions of Tropicana Evansville and Dover Downs Hotel & Casino ("GLPI-BALY master lease”) which will generate incremental rent of $12.0 million. Normalized rent coverage on the assets is expected to be 2.25x in the first calendar year post-acquisition. The acquisitions of the real estate assets of Bally's properties in Rock Island and Black Hawk are expected to close in early 2022.
- 04/13/2021
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Gaming and Leisure Properties, Inc. Schedules First Quarter 2021 Earnings Release and Conference Call
- WYOMISSING, Pa., April 08, 2021 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2021 first quarter financial results after the market close on Thursday, April 29, 2021. The Company will host a conference call at 10:00 a.m. ET on Friday, April 30, 2021.
- 04/08/2021
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Four Bargain Recovery Stocks Paying Between 4% And 10%
- As we Americans reemerge from our homes, select “return to normal” dividend payers are poised to deliver big gains.
- 03/22/2021
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Are There Too Many Casinos in Las Vegas?
- The industry may fail to bounce back until demand returns, which could be a very long time from now.
- 03/10/2021
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7 Great Dividend Stocks Outside the Energy Sector
- Dividend stocks come in many flavors although investors may associate them primarily with the energy sector. These seven stocks cross industries.
- 03/03/2021
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Top Dividend Stocks for March 2021
- These are the top dividend stocks in the Russell 1000 with the highest forward dividend yield for March.
- 02/26/2021
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Gaming and Leisure Properties, Inc. Declares First Quarter 2021 Cash Dividend of $0.65 Per Share
- WYOMISSING, Pa., Feb. 23, 2021 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”) announced today that at its meeting yesterday, the Company's Board of Directors declared the first quarter 2021 cash dividend of $0.65 per share of its common stock (this dividend payment reflects the impact of the common stock issuance of 9.2 million shares during the fourth quarter 2020 and 8.0 million shares related to stock dividend payments during 2020). The dividend is payable on March 23, 2021 to shareholders of record on March 9, 2021.
- 02/23/2021
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Gaming and Leisure Properties (GLPI) Q4 FFO Match Estimates
- Gaming and Leisure Properties (GLPI) delivered FFO and revenue surprises of 0.00% and -0.92%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 02/18/2021
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Gaming and Leisure Properties, Inc. Reports Fourth Quarter 2020 Results
- WYOMISSING, Pa., Feb. 18, 2021 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”) today announced financial results for the quarter ended December 31, 2020.
- 02/18/2021
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REITs' Q4 Earnings Lined Up for Feb 18: VTR, VICI & More
- Since the economic disruption and its impact have been widely varied across different property types, delving deeper into each REIT's asset fundamentals and markets is now all the more important.
- 02/17/2021
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5.6% Yield: Why Gaming And Leisure Properties Is A Good Bet
- GLPI has been rather resilient, with very high rent collection, 100% occupancy, and AFFO/share growth. Governments rely on its operators for tax revenue and it has a long runway for growth.
- 02/05/2021
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Gaming and Leisure Properties Inc. Announces 2020 Distribution Tax Treatment
- WYOMISSING, Pa., Jan. 22, 2021 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”) announced the income tax allocation for federal income tax purposes of its aggregate distributions in 2020 of $2.50 per share of common stock (CUSIP: 36467J108).
- 01/22/2021
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Why I Buy Real Estate Instead Of REITs
- In most cases, I prefer to buy REITs than private real estate.
- 01/09/2021
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Gaming and Leisure Properties, Inc. Promotes Steven Ladany to Chief Development Officer
- WYOMISSING, Pa., Jan. 07, 2021 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (“GLPI” or the “Company”) (NASDAQ: GLPI) announced today the promotion of Steven Ladany to Senior Vice President, Chief Development Officer. In his new role, Mr. Ladany will lead the Company's ongoing merger, acquisition and development efforts.
- 01/07/2021
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Gaming and Leisure Properties, Inc. Promotes Matthew Demchyk to Chief Investment Officer
- WYOMISSING, Pa., Jan. 05, 2021 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (“GLPI” or the “Company”) (NASDAQ: GLPI) announced today that Matthew Demchyk has been named Chief Investment Officer. Mr. Demchyk's new role is effective immediately and he will report directly to GLPI Chairman and Chief Executive Officer, Peter Carlino.
- 01/05/2021
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Top Ranked Income Stocks to Buy for December 15th
- Top Ranked Income Stocks to Buy for December 15th
- 12/15/2020
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Gaming And Leisure Properties: Get Paid A 6% Yield For Discounted Equity
- GLPI's strong 3Q20 EBITDA performance sustains >20% ROEs despite the COVID-impacted backdrop. Headwinds remain, but with no variable rent resets until FY22 and key tenants financially sound, the worst is likely behind GLPI.
- 11/17/2020
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Gaming and Leisure Properties, Inc. Announces Underwriters' Exercise of Greenshoe Option in Public Offering of Common Stock
- WYOMISSING, Pa., Nov. 06, 2020 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (the "Company" or “GLPI") (NASDAQ: GLPI), today announced that the underwriters in the recently completed public offering of common stock of the Company have exercised their option to acquire an additional 1,200,000 shares of common stock at the public offering price of $36.25 per share, less the underwriting discount.
- 11/06/2020
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Gaming and Leisure Properties, Inc. Declares Fourth Quarter 2020 Dividend of $0.60 Per Share
- WYOMISSING, Pa., Nov. 06, 2020 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”), announced that yesterday, the Company's Board of Directors declared the fourth quarter 2020 dividend of $0.60 per share of its common stock, consisting of a combination of cash and shares of the Company's common stock. The dividend is payable on December 24, 2020 to shareholders of record on November 16, 2020. The cash component of the dividend (other than cash paid in lieu of fractional shares) will not exceed 20% in the aggregate, or $0.12 per share, with the balance, or $0.48 per share, payable in shares of the Company's common stock. As previously announced, the quarterly dividend level reflects the continued impact of COVID-19 on the Company's business and the expectation that its major tenants will continue to fulfill payment of their financial obligations to the Company.
- 11/06/2020
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Gaming and Leisure Properties, Inc. Announces Pricing of Public Offering of Common Stock
- WYOMISSING, Pa., Oct. 29, 2020 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (the "Company" or “GLPI") (NASDAQ: GLPI), today announced that it has priced its previously announced underwritten public offering to sell 8,000,000 shares of common stock at a public offering price of $36.25 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock at the public offering price, less the underwriting discount. The offering is expected to close on November 3, 2020, subject to customary closing conditions.
- 10/29/2020
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Gaming and Leisure Properties, Inc. Announces Public Offering of 8,000,000 Shares of Common Stock
- WYOMISSING, Pa., Oct. 29, 2020 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (the "Company" or “GLPI") (NASDAQ: GLPI), today announced that it has commenced an underwritten public offering to sell 8,000,000 shares of common stock. The Company intends to grant the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock at the public offering price, less the underwriting discount.
- 10/29/2020
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Gaming and Leisure Properties' (GLPI) CEO Peter Carlino on Q3 2020 Results - Earnings Call Transcript
- Gaming and Leisure Properties' (GLPI) CEO Peter Carlino on Q3 2020 Results - Earnings Call Transcript
- 10/28/2020
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Gaming and Leisure Properties (GLPI) Q3 FFO and Revenues Surpass Estimates
- Gaming and Leisure Properties (GLPI) delivered FFO and revenue surprises of 4.71% and 8.74%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
- 10/27/2020
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Gaming and Leisure Properties, Inc. Reports Record Third Quarter 2020 Results
- Enters into Exchange Agreement with Caesars Entertainment and New Agreement with Twin River Worldwide Holdings Enters into Exchange Agreement with Caesars Entertainment and New Agreement with Twin River Worldwide Holdings
- 10/27/2020
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Here's Why My REITs Beat Your REITs
- Over the last several years we've seen larger equity REITs consistently outperform, but the gap becomes even larger with the recession.
- 09/14/2020
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Wall Street Breakfast: The Week Ahead
- Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.
- 09/13/2020
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Stocks To Watch: Apple, Snowflake, Pfizer And Moderna In Focus
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
- 09/12/2020
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Gaming And Leisure Properties, Inc. : A Great REIT With Strong Tenants For A Low Price
- GLPI saw a huge sell-off back in February. Despite regaining much of this, it is still trading at a significant discount relative to value.
- 08/26/2020
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Penn National Gaming: Great Scale But Not As Good A Bull Case As Some Regional Peers
- Penn is a solid performer in the regional space but fully valued in our view because some of its peers have a better forward upside.
- 08/25/2020
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Charting a pulling-teeth breakout attempt: S&P 500, Nasdaq challenge record territory
- Technically speaking, the S&P 500 and Nasdaq Composite have registered nominal record highs this week, though a pulling-teeth breakout attempt remains...
- 08/18/2020
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The State Of REITs: August 2020 Edition
- After a recent rally, the REIT sector faded back slightly in July, averaging a -1.31% total return. Large cap REITs led with a solid return of 5.13%, while micro caps badly underperformed with an average return of -9.38%.
- 08/16/2020
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Analyst: Regional Casino Stocks 'Uniquely Positioned To Enjoy The Most Upside'
- Las Vegas is struggling to recover from the coronavirus shutdown, but Bank of America analyst Shaun Kelley said Thursday regional U.S. casino operators have a golden opportunity to take advantage of the crisis climate."Sports/iGaming and margin expansion are the two most transformative themes in our coverage and Regional Gaming companies are uniquely positioned to enjoy the most upside," Kelley said.For investors, Kelley said Penn National Gaming, Inc (NASDAQ: PENN) is the best way to play sports betting and iGaming. Penn and Boyd Gaming Corporation (NYSE: BYD) also have relatively low exposure to the Las Vegas market, which is struggling due to a severe slowdown in air travel and major events.Expanding Margins: Kelley said margin expansion for regional casinos is being driven by three factors: * Reduction of lower-margin offerings, such as buffets. * More efficient marketing budgets. * Reduced staffing.For the month of July, gross gaming revenue from reporting states is down roughly 13% year-over-year as pent-up initial reopening demand subsides. Looking ahead, Kelly is projecting third-quarter GGR will decline 25% from a year ago and fourth-quarter GGR will drop 15%.The postponement of the Big 10 and PAC-12 NCAA football season has generated some negative headlines for DraftKings Inc (NASDAQ: DKNG) and the rest of the sports betting industry. However, Kelley estimates college football accounts for only about 10% of sports betting, and he suspects those gamblers will likely just move to other sports and leagues if the NCAA football season is canceled.Ratings And Price Targets: Kelley named the following stocks as top picks based on the latest trends in the gaming world: * Penn National, Buy rating and $50 target. * Boyd Gaming, Buy rating and $28 target. * Gaming and Leisure Properties Inc (NASDAQ: GLPI), Buy rating and $37 target. * VICI Properties Inc (NYSE: VICI), Buy rating and $24 target. * MGM Growth Properties LLC (NYSE: MGP), Buy rating and $31 target.Benzinga's Take: China recently lifted restrictions on travel to and from Macau, and Kelley's analysis suggests U.S. regional casino operators are thriving. For now, at least, Las Vegas remains the laggard and has the most challenging near-term outlook given the lack of events and conferences in the second half of the year.Related Links:2 Reasons To Own DraftKings Despite Risk Related To College Football Hiatus What The November Election Means For Casino StocksLatest Ratings for PENN DateFirmActionFromTo Aug 2020Goldman SachsInitiates Coverage OnBuy Aug 2020Morgan StanleyMaintainsOverweight Jul 2020SunTrust Robinson HumphreyMaintainsBuy View More Analyst Ratings for PENN View the Latest Analyst RatingsSee more from Benzinga * Marlins COVID-19 Outbreak Throws A Curveball At MLB Season, Sports Betting Stocks * Analyst: 'Trends Are Encouraging' For US Regional Casinos(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 08/13/2020
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Gaming and Leisure Properties Announces Pricing of $200,000,000 of Additional 4.000% Senior Notes Due 2031
- WYOMISSING, Pa., Aug. 11, 2020 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (“GLPI”) (NASDAQ: GLPI) today announced the pricing of a public offering of $200.0 million aggregate principal amount of 4.000% Senior Notes Due 2031 (the “Additional Notes”), to be issued by its operating partnership, GLP Capital, L.P. (the “Operating Partnership”), and GLP Financing II, Inc., a wholly owned subsidiary of the Operating Partnership (together with the Operating Partnership, the “Issuers”). The Additional Notes will be issued as additional notes under the indenture that governs the Issuers’ $500.0 million aggregate principal amount of 4.000% Senior Notes Due 2031 issued on June 25, 2020 (the “Initial Notes”), and will have substantially identical terms and conditions as those of the Initial Notes (other than issue date and issue price). Upon consummation of this offering, the aggregate outstanding principal amount of the Issuers’ 4.000% Senior Notes Due 2031 will be $700,000,000. Further the Additional Notes are expected to have the same CUSIP number as, and to be fungible for trading purposes with, the Initial Notes. The Additional Notes will be senior unsecured obligations of the Issuers, guaranteed by GLPI. The net proceeds from the offering, after deducting underwriting discounts and commissions and estimated expenses, are expected to be approximately $205.4 million. The Issuers intend to use the net proceeds to partially repay amounts outstanding under the Term Loan A-1, which had a principal outstanding balance of $225.0 million as of July 31, 2020, and other expenses related to this offering. At July 31, 2020, the interest rate on the Term Loan A-1 was LIBOR plus 1.50%. All or any portion of the Term Loan A-1 may be prepaid prior to maturity without premium or penalty, subject to reimbursement of any LIBOR breakage costs of the lenders.The offering is expected to close on August 18, 2020, subject to certain closing conditions.The offering will be made under an effective shelf registration statement filed with the Securities and Exchange Commission (the “SEC”) and only by means of a prospectus and prospectus supplement. The preliminary prospectus supplement and accompanying prospectus relating to the offering have been filed with the SEC and are available by visiting the EDGAR database on the SEC’s website at www.sec.gov.J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, Fifth Third Securities, Inc., BofA Securities, Inc., Citizens Capital Markets, Inc., Truist Securities, Inc., M&T Securities, Inc., Credit Agricole Securities (USA) Inc., Barclays Capital Inc., Goldman Sachs & Co. LLC, Capital One Securities, Inc., KeyBanc Capital Markets Inc. and Mizuho Securities USA LLC are serving as joint book-running managers for the offering. A copy of the preliminary prospectus supplement, final prospectus supplement (when available) and the accompanying prospectus relating to the offering of the Additional Notes may be obtained by contacting: J.P. Morgan Securities LLC, collect at 1-212-834-4533, Wells Fargo Securities, LLC at 1-800-645-3751, Fifth Third Securities, Inc. at 1-866-531-5353 or BofA Securities, Inc. at 1-800-294-1322.This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Any offer or sale will be made only by means of the prospectus supplement and prospectus forming part of the effective registration statement relating to these securities.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. GLPI expects to grow its portfolio by pursuing opportunities to acquire additional gaming facilities to lease to gaming operators. GLPI also intends to diversify its portfolio over time, including by acquiring properties outside the gaming industry to lease to third parties. GLPI elected to be taxed as a real estate investment trust (“REIT”) for U.S. federal income tax purposes commencing with the 2014 taxable year and was the first gaming-focused REIT in North America.Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, but not limited to, statements regarding the expected closing of the offering of the Additional Notes, the Issuers’ intended use of proceeds therefrom and the contemplated amendment to the credit facility of the Operating Partnership. Forward-looking statements can be identified by the use of forward-looking terminology such as “expects,” “believes,” “estimates,” “intends,” “may,” “will,” “should” or “anticipates” or the negative or other variation of these or similar words, or by discussions of future events, strategies or risks and uncertainties. Such forward looking statements are inherently subject to risks, uncertainties and assumptions about GLPI and its subsidiaries, including risks related to the following: the effect of pandemics such as the COVID-19 pandemic on GLPI and its subsidiaries as a result of the impact of such pandemics on the business operations of GLPI’s tenants and their continued ability to pay rent in a timely manner or at all; GLPI’s ability to successfully consummate any pending transactions, including receipt of required regulatory approvals, or other delays or impediments to completing such transactions; the availability of and the ability to identify suitable and attractive acquisition and development opportunities and the ability to acquire and lease those properties on favorable terms; the ability to receive, or delays in obtaining, the regulatory approvals required to own and/or operate its properties, or other delays or impediments to completing acquisitions or projects; GLPI’s ability to maintain its status as a REIT; our ability to access capital through debt and equity markets in amounts and at rates and costs acceptable to GLPI; the impact of our substantial indebtedness on our future operations; changes in the U.S. tax law and other state, federal or local laws, whether or not specific to REITs or to the gaming or lodging industries; and other factors described in GLPI’s Annual Report on Form 10-K for the year ended December 31, 2019, Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020 and June 30, 2020, and in its other filings with the SEC. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release may not occur as presented or at all. GLPI undertakes no obligation to publicly update or revise any forward-looking statements contained or incorporated by reference herein, whether as a result of new information, future events or otherwise, except as required by law.Contact: Investor Relations – Gaming and Leisure Properties, Inc. Steven T. Snyder 610/378-8215 investorinquiries@glpropinc.com Joseph Jaffoni, Richard Land, James Leahy at JCIR 212/835-8500 glpi@jcir.com
- 08/11/2020
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3 Under-The-Radar Dividend Stocks Yielding Over 5%; Wolfe Says ‘Buy’
- Sometimes, finding the right stock can be a chore, and sometimes, a pleasure. But whether it’s a breeze or a slog, some things remain constant. The right stock will always bring a benefit to your portfolio – and dividend stocks, when carefully chosen, will do just that.Caution, however, is essential. We’ve seen in recent months many supposedly stable dividends get slashed back or even suspended as companies looked to shore up liquidity during the coronavirus economic shutdown crisis. In the current environment, a high dividend yield is only part of the equation; look for a combination of payment reliability or explicit moves to keep the dividend viable.Wolfe Research has been doing the research for you, picking out stocks that are meeting those requirements. And the results are interesting – Wolfe has tagged three ‘second tier’ companies with strong dividends. These aren’t big names that dominate the stock market, but nevertheless, they are companies that deserve a second look. With details from the TipRanks database, here’s that second look.Huntington Bancshares (HBAN)Our first stock is a holding company, the owner of Ohio-based Huntington Bank. Through the subsidiary, Huntington offers retail and commercial banking services in Ohio, Illinois, Indiana, Kentucky, Michigan, Pennsylvania, and West Virginia, through more than 800 branches and 1,300 ATMs. The bank boasts a market cap exceeding $10 billion, and manages over $118 billion in assets.In short, while Huntington is not huge name in the stock market, it is a major name in the Midwest – and that is a firm foundation for any company. Huntington has seen stable revenues during the corona crisis, with the 1H20 top line growing sequentially from Q1’s $1.15 billion to Q2’s $1.18 billion. Earnings remained positive during the half, and after dropping in the first quarter turned sharply upwards in Q2 to beat the forecast. Second quarter EPS was 13 cents, more than double the estimates.On the dividend front, the company raised its dividend in mid-2019, shortly before corona began to hit the news broadcasts, and has maintained it during the crisis and economic shutdowns. HBAN pays out 15 cents per common share, annualizing to 60 cents and giving a robust yield of 6.1%. This is more than triple the average yield found among S&P-listed companies, and more than double that found among Huntington’s peers in the financial sector.Bill Carache, 5-star analyst with Wolfe, was impressed enough with HBAN to initiate coverage of the stock with a Buy rating and a $12 price target, suggesting a 16% upside from current levels. (To watch Carache’s track record, click here)In his comments, Carache wrote, “We believe HBAN, a quality super regional bank with a strong Midwestern U.S.footprint, has evolved into a lower risk and higher ROTCE-generating bank in the years following the GFC (Global Financial Crisis). Against a ZIRP backdrop and broadly challenging revenue growth outlook for the banking industry, we view HBAN as a relative outperformer as we emerge from the GCC (Global COVID19 Crisis) and expect an inflection in 2022 EPS and ROTCE that is sharper relative to peers."Overall, HBAN has drawn optimism mixed with caution when it comes to consensus opinion among sell-side analysts. Out of 7 analysts polled in the last 3 months, 4 are bullish on the stock, while 3 remain sidelined. With a modest upside of 5%, the stock's consensus price target stands at $10.86. (See Huntington stock analysis at TipRanks)Gaming and Leisure Properties (GLPI)Next on our list, Gaming and Leisure Properties, is a real estate investment trust focused on casino properties. GLPI is the owner operator of 45 casinos in 17 states, and was showing strong growth in profits and share gains through the end of January this year.The February economic shutdowns brought those good times to a stop, as GLPI saw customer traffic plummet at its properties. The long-term nature of GLPI’s property leases, however, have helped keep quarterly earnings solid, despite the recessionary pressures and the market downturn. The company has used that base to keep the dividend payments flowing to shareholders, although with a twist.GLPI has been paying out its dividend during the second and third quarters at 60 cents per common share, are reduction of only 10 cents from the Q1 level. The twist is, the company is paying 12 cents per share in cash, and the remainder in shares of common stock. This creates less of an impact on the company’s liquidity, and for shareholders holds out the promise higher dividend payments when conditions return to normal, as the new shares added to their holdings will pay out dividends in their turn. Counting from 60 cents per share, GLPI’s yield matches HBAN’s, at 6.1%.Wolfe’s Jared Shojaian notes that GLPI has seen solid business as economic restrictions have been lifted, saying, “Regional gaming trends have been exceptional since the reopening, and non-Vegas accounts for 100% of GLPI’s portfolio. Note 43/45 properties have now reopened. GLPI is collecting 99% of rent through July…” Going on, Shojaian notes the dividend structure, and writes, “We find the yield to be very attractive, particularly against other alternatives and the U.S. 10-year.”The analyst concluded, "Over time we see gaming REITs closing the valuation gap to other triple-net REITs, and we think gaming REITs may even deserve to trade at a premium. Additionally, in this record low interest rate environment we think a premium to historical averages could also be warranted, so over time there may be more upside to our target multiple."To this end, Shojaian rates GLPI shares a Buy, and his $46 price target implies room for 16% upside growth. (To watch Shojaian’s track record, click here)Overall, the Strong Buy analyst consensus rating on GLPI is unanimous, based on 7 recent Buy reviews. The stock is trading at $39.51 per share, with an average price target of $40.29 indicating some lingering caution, and a modest upside potential. (See GLPI stock analysis on TipRanks)Regions Financial Corporation (RF)With the last stock on our list, we get back to the banking industry. Regions Financial is another holding company, the owner of Regions Bank, which has over 1,400 branches and 1,900 cash machines in 16 states across the Midwest, the South, and Texas. Regions is listed on the S&P 500 index, and has an $11 billion market cap.Like most companies with a large walk-in customer base, Regions saw earnings fall in Q1, and turn negative in Q2. This was despite a gain in revenues, to $1.54 billion, by the end of the second quarter. The company projects a better third quarter, with earnings approaching pre-crisis levels. Despite all of this, Regions has kept up its dividend payment, declaring last month a 15.5 cent per common share payout, due in early September. This will mark 5 quarters in a row with the dividend at this level, which annualizes to 62 cents and yields 5.4%. That dividend yield is significantly higher than Regions’ peers on the S&P index, where dividend yields average about 2%.Once more, we turn to Bill Carache for the review of RF stock. The analyst sees some risk to the robust dividend if earnings don’t return to consistent positive territory in 2021, but for now he remains bullish: “Although the severity of EPS headwinds in 2020 and 2021 remains unclear, we expect EPS growth to inflect in 2022 as credit headwinds abate and the spending and lending environments continue to normalize—even if zero interest rate policy (ZIRP) persists. Rather than focusing on the transitory recessionary headwinds that have already been discounted in recent lows, we believe investors should instead turn their attention to the path to EPS normalization in 2022.""While the revenue growth outlook in a ZIRP environment is challenging for all banks, we expect RF to outperform as its low-cost deposit franchise and effective hedging strategy drive stronger PPNR and a sharper inflection in 2022 EPS versus peers," the analyst added.Carache is confident enough to put a $16 price target on RF, implying a hefty 33% upside potential and fully supporting his Buy rating. (To watch Carache’s track record, click here)Overall, Regions has a Moderate Buy from the analyst consensus, based on 6 Buy ratings and 4 Holds. The stock has an average price target of $12.83, suggesting room for a modest 6.65% growth from the current trading price of $12.03. (See Regions stock analysis on TipRanks)To find good ideas for dividend stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.
- 08/11/2020
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Charting the approach of record highs, S&P 500 rises amid market rotation
- Technically speaking, the U.S. benchmarks’ already-bullish backdrop has strengthened amid rotational August price action, writes Michael Ashbaugh.
- 08/11/2020
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Gaming and Leisure Properties (NASDAQ:GLPI) Rating Lowered to Hold at Zacks Investment Research
- Gaming and Leisure Properties (NASDAQ:GLPI) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Tuesday, Zacks.com reports. According to Zacks, “Gaming and Leisure Properties, Inc. is a self-administered, self-managed REIT primarily engaged in the property business, which will consist of owning, acquiring, developing, expanding, managing, […]
- 08/11/2020
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Big Ten to cancel 2020 college football season — will SEC, ACC, Pac-12 and Big 12 be next?
- Major gambling stocks are down 10%.
- 08/10/2020
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Gambling stocks drop amid bad signs for college football season
- Sports-gambling stocks were slammed Monday morning as the college-football season appeared on its way to cancellation. Draftkings Inc. undefined dropped as...
- 08/10/2020
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Nisa Investment Advisors LLC Has $494,000 Stock Holdings in Penn National Gaming, Inc (NASDAQ:PENN)
- Nisa Investment Advisors LLC boosted its holdings in shares of Penn National Gaming, Inc (NASDAQ:PENN) by 5.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,181 shares of the company’s stock after buying an additional 880 shares during the […]
- 08/09/2020
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Gaming and Leisure Properties, Inc. Declares Third Quarter 2020 Dividend of $0.60 Per Share
- WYOMISSING, Pa., Aug. 07, 2020 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”), announced today that at its meeting yesterday, the Company’s Board of Directors declared the third quarter 2020 dividend of $0.60 per share of its common stock, consisting of a combination of cash and shares of the Company's common stock. The dividend is payable on September 25, 2020 to shareholders of record on August 17, 2020. The cash component of the dividend (other than cash paid in lieu of fractional shares) will not exceed 20% in the aggregate, or $0.12 per share, with the balance, or $0.48 per share, payable in shares of the Company's common stock. As previously announced, the quarterly dividend level reflects the impact of the COVID-19 closures on the Company's business and anticipates that the Company's major tenants will continue to fulfill payment of their financial obligations to the Company. Further, it is anticipated that the portion of dividends to be paid in shares will be limited to periods during which non-cash rents are realized by the Company. The Company expects the dividend to be a taxable dividend to shareholders, regardless of whether a particular shareholder receives the dividend in the form of cash or shares. While the Company intends to pay regular quarterly dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Board of Directors at its discretion. The Company reserves the right to pay future dividends entirely in cash, and the decision to issue a stock dividend will be made by the Board of Directors on a quarterly basis.Shareholders will be asked to make an election to receive the dividend all in cash or all in shares. To the extent that more than 20% of cash is elected in the aggregate, the cash portion will be prorated. Shareholders who elect to receive the dividend in cash will receive a cash payment of at least $0.12 per share. Shareholders who do not make an election will receive 20% in cash and 80% in shares of common stock. The number of shares issued as a result of the dividend will be calculated based on the volume weighted average trading prices of the Company's common stock on the Nasdaq Stock Market prior to the dividend payment date.An information letter and election form will be mailed to shareholders of record after the record date. Shareholders should review these documents and complete the election form in accordance with the instructions contained therein. Shareholders who hold their shares through a bank, broker or nominee, and have questions regarding the dividend election should contact such bank, broker or nominee, who will also be responsible for distributing to them the letter and election form and submitting the election form on their behalf.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.Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including our expectations regarding our receipt of rent payments in future periods, the impact of future transactions and expected 2020 dividend payments. Forward-looking statements can be identified by the use of forward-looking terminology such as “expects,” “believes,” “estimates,” “intends,” “may,” “will,” “should” or “anticipates” or the negative or other variation of these or similar words, or by discussions of future events, strategies or risks and uncertainties. Such forward looking statements are inherently subject to risks, uncertainties and assumptions about GLPI and its subsidiaries, including risks related to the following: the effect of pandemics such as COVID-19 on GLPI as a result of the impact of such pandemics on the business operations of GLPI’s tenants and their continued ability to pay rent in a timely manner or at all; GLPI’s ability to successfully consummate the announced transactions with PENN, including the ability of the parties to satisfy the various conditions to closing, including receipt of all required regulatory approvals, or other delays or impediments to completing the proposed transactions; the availability of and the ability to identify suitable and attractive acquisition and development opportunities and the ability to acquire and lease those properties on favorable terms; the ability to receive, or delays in obtaining, the regulatory approvals required to own and/or operate its properties, or other delays or impediments to completing acquisitions or projects; GLPI's ability to maintain its status as a REIT; our ability to access capital through debt and equity markets in amounts and at rates and costs acceptable to GLPI; the impact of our substantial indebtedness on our future operations; changes in the U.S. tax law and other state, federal or local laws, whether or not specific to REITs or to the gaming or lodging industries; and other factors described in GLPI’s Annual Report on Form 10-K for the year ended December 31, 2019, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, each as filed with the Securities and Exchange Commission. All subsequent written and oral forward-looking statements attributable to GLPI or persons acting on GLPI’s behalf are expressly qualified in their entirety by the cautionary statements included in this press release. GLPI undertakes no obligation to publicly update or revise any forward-looking statements contained or incorporated by reference herein, whether as a result of new information, future events or otherwise, except as required by law. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release may not occur as presented or at all.Contact Investor Relations – Gaming and Leisure Properties, Inc. Steven T. Snyder Joseph Jaffoni, Richard Land, James Leahy 610/378-8215212/835-8500 investorinquiries@glpropinc.comglpi@jcir.com
- 08/07/2020
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Ventas Reports 2020 Second Quarter Results
- Ventas, Inc. (NYSE: VTR) (the “Company”) today reported results for the second quarter ended June 30, 2020. The Company also provided an update regard
- 08/07/2020
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Stocks making the biggest moves midday: Roku, Penn National Gaming, Western Digital & more
- Check out the companies making headlines in midday trading.
- 08/06/2020
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Stock market live Thursday: Five-day win streak, Gold new high, Nasdaq record close
- Investors weighed an uncertain outlook for lawmakers to reach a stimulus deal with better-than-expected jobs data.
- 08/06/2020
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Barstool Helps Keep Penn National Afloat as Casinos Start to Reopen
- Barstool Helps Keep Penn National Afloat as Casinos Start to Reopen
- 08/06/2020
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Gaming and Leisure Properties Inc (NASDAQ:GLPI) Shares Bought by Sumitomo Mitsui Trust Holdings Inc.
- Sumitomo Mitsui Trust Holdings Inc. grew its stake in Gaming and Leisure Properties Inc (NASDAQ:GLPI) by 9.9% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 459,912 shares of the real estate investment trust’s stock after buying an additional 41,402 shares during […]
- 08/05/2020
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Charting a solid August start: S&P 500, Nasdaq stage latest summer breakouts
- Technically speaking, the U.S. benchmarks’ bigger-picture backdrop remains bullish amid a solid August start, writes Michael Ashbaugh.
- 08/04/2020
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Here's What We Learned About The CEO Pay At Gaming and Leisure Properties, Inc. (NASDAQ:GLPI)
- Peter Carlino became the CEO of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) in 2013, and we think it's a good...
- 08/03/2020
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Nissay Asset Management Corp Japan ADV Grows Stake in Gaming and Leisure Properties Inc (NASDAQ:GLPI)
- Nissay Asset Management Corp Japan ADV lifted its position in shares of Gaming and Leisure Properties Inc (NASDAQ:GLPI) by 3.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,084 shares of the real estate investment trust’s stock after buying an additional 567 shares […]
- 08/03/2020
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Penn National Gaming (NASDAQ:PENN) Stock Price Down 8%
- Penn National Gaming, Inc (NASDAQ:PENN) shares fell 8% during mid-day trading on Friday . The company traded as low as $33.41 and last traded at $33.85, 10,596,313 shares changed hands during mid-day trading. An increase of 3% from the average session volume of 10,249,486 shares. The stock had previously closed at $36.81. A number of […]
- 08/02/2020
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This Gambling Stock Is Poised for a Bull Run -- and It's Not DraftKings | The Motley Fool
- How this gambling stock is positioning itself for long-term success.
- 08/01/2020
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Gaming and Leisure Properties Inc (GLPI) Q2 2020 Earnings Call Transcript
- GLPI earnings call for the period ending June 30, 2020.
- 07/31/2020
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Gaming and Leisure Properties' (GLPI) CEO Peter Carlino on Q2 2020 Results - Earnings Call Transcript
- Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) Q2 2020 Earnings Conference Call July 31, 2020 9:00 AM ET Company Participants Joe Jaffoni – Investor Relations Peter Carlino – Chairman and Chief Executive Officer Steve Snyder – Chief Financial Officer Matthew Demchyk – Senior Vice President-Investments Brandon Moore – Senior Vice President-General Counsel and Secretary Steve Ladany – Senior Vice President-Finance Conference Call Participants Barry Jonas – SunTrust Carlo Santarellis – Deutsche Bank Jared Shojaian – Wolfe Research Finbar O’Herlihy – bank of America Merrill Lynch Jordan Bender – Macquarie Thomas Allen – Morgan Stanley David Katz – Jeffries Jay Kornreich – SMBC Spencer Allaway – Green Street Advisors John Massocca – Ladenburg Thalmann Robin Farley – UBS Joe Greff – JPMorgan John DeCree – Union Gaming Presentation Operator Greetings and welcome to Gaming and Leisure Properties Second Quarter 2020 Earnings Conference Call.
- 07/31/2020
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Gaming and Leisure Properties (GLPI) Surpasses Q2 FFO and Revenue Estimates
- Gaming and Leisure Properties (GLPI) delivered FFO and revenue surprises of 2.44% and 0.94%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 07/31/2020
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Gaming and Leisure Properties, Inc. Reports Second Quarter 2020 Results
- Provides Update on Initiatives to Address the Impact of the COVID-19 OutbreakWYOMISSING, Pa., July 30, 2020 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”) today announced financial results for the second quarter ended June 30, 2020. Peter Carlino, Chairman and Chief Executive Officer of GLPI, commented, "Throughout the second quarter we took active measures to offset the impact of the COVID-19 outbreak on our leading, diversified portfolio of regional gaming assets, which are managed by the industry’s top operators. Our initiatives enhanced liquidity and provided the sector's only investment-grade balance sheet with incremental financial flexibility. At the same time, our efforts supported our tenants and ensured the continuity and predictability of our rental cash flows. Recent amendments and increases to the size of our credit facility and the proceeds from our recent $500.0 million public offering of 4.00% Senior Notes Due 2031 enabled the repayment of all borrowings under our $1.175 billion revolving credit facility. These efforts, along with the encouraging reopening of 43 of 45 of our properties, and the actions our industry leading publicly traded tenants have taken to strengthen their balance sheets through public market capital raises, have significantly increased the visibility and predictability of our rental receipts going forward. We remain focused on creating incremental value and cash flows from the transactions completed with our tenants since the pandemic outbreak. We will also continue to prudently manage our balance sheet and capital structure to deliver attractive shareholder returns.”Recent Developments * All of our tenants are current with respect to their rental obligations other than Casino Queen, whom we have collected a partial payment from and continue to work with on a deferred rent agreement. As such, we have collected approximately 99% of our contractual rents this year through July. * On June 15, 2020, our wholly-owned subsidiary and operating partnership, GLP Capital, L.P., amended and restated its master lease with Tropicana Entertainment, Inc. (the "Tenant"), dated October 1, 2018 (as further amended and modified, the "Caesars Amended and Restated Master Lease"), to, (i) extend the initial term of 15 years to 20 years, with renewals of up to an additional 20 years at the option of the Tenant, (ii) remove the variable rent component in its entirety commencing with the third lease year, (iii) in the third lease year increase annual land base rent to approximately $23.6 million and annual building base rent to approximately $62.1 million, (iv) provide fixed escalation percentages that delay the escalation of building base rent until the commencement of the fifth lease year with building base rent increasing annually by 1.25% in the fifth and sixth lease year, 1.75% in the seventh and eight lease years and 2% in the ninth lease year and each lease year thereafter, (v) subject to the satisfaction of certain conditions, permit the Tenant to elect to replace the Tropicana Evansville and/or Tropicana Greenville properties under the Caesars Amended and Restated Master Lease with one or more of Eldorado Resorts Inc., (now doing business as Caesars Entertainment Corporation) ("Caesars") properties, namely, Scioto Downs, The Row in Reno, Isle Casino Racing Pompano Park, Isle Casino Hotel – Black Hawk, Lady Luck Casino – Black Hawk, Isle Casino Waterloo, Isle Casino Bettendorf or Isle of Capri Casino Boonville, provided that the aggregate value of such new property, individually or collectively, is at least equal to the value of Tropicana Evansville or Tropicana Greenville, as applicable, (vi) permit the Tenant to elect to sell its interest in Belle of Baton Rouge and sever it from the Caesars Amended and Restated Master Lease, subject to the satisfaction of certain conditions, and (vii) provide certain relief under the operating, capital expenditure and financial covenants thereunder in the event of facility closures due to pandemics, governmental restrictions and certain other instances of unavoidable delay. The Caesars Amended and Restated Master Lease became effective on July 23, 2020 when all of the necessary regulatory approvals were received and notice periods were satisfied. * While authorities have allowed the re-openings of many casinos across the country, subject to safety protocols and capacity constraints, the extent of our tenants’ recovery, given current economic conditions and consumer behavior, remains uncertain. As of July 30, 2020, 43 out of our 45 total properties, (including the properties we own and operate in our taxable REIT subsidiaries) have reopened at limited capacity. * On June 24, 2020, we received approval from the Missouri Gaming Commission to own the Lumière Place Casino and Hotel and intend to close on this acquisition transaction and enter into a new lease with Caesars for this asset prior to the October 1, 2020 maturity date of the loan we made in 2018 in connection with this property. * Hollywood Casino Baton Rouge reopened on May 18, 2020 and Hollywood Casino Perryville reopened on June 19, 2020 and although early, operating results have exceeded expectations. Liquidity and Balance Sheet Update * On June 25, 2020, we completed an amendment to our credit agreement, which: (i) extended the maturity date of $224.0 million of principal amount of the outstanding Term Loan A-1s from April 28, 2021 to May 21, 2023, which term loans would thereafter be classified as Term Loan A-2s and (ii) increased the principal of the Term Loan A-2s by $200.0 million in the form of incremental term loans. * Also on June 25, 2020, we issued $500 million of 4.00% senior unsecured notes maturing on January 15, 2031 at a slight discount to par. The net proceeds of the borrowings during the quarter were utilized, along with cash on hand, to repay all indebtedness under the Company's $1.175 billion revolving credit facility. * The aggregate dividends paid on June 26, 2020 was comprised of $25.9 million in cash and $103.4 million in common stock (2,701,952 shares at $38.2643 per share). Financial Highlights Three Months Ended June 30, (in millions, except per share data) 2020 Actual 2019 Actual Total Revenue $262.0 $289.0 Income From Operations $180.7 $170.8 Net Income $112.4 $93.0 FFO (1) $166.9 $158.6 AFFO (2) $180.6 $185.0 Adjusted EBITDA (3) $246.9 $260.9 Net income, per diluted common share $0.52 $0.43 FFO, per diluted common share $0.77 $0.74 AFFO, per diluted common share $0.84 $0.86 ________________________________________(1) FFO is net income, excluding (gains) or losses from sales of property and real estate depreciation as defined by NAREIT.(2) AFFO is FFO, excluding stock based compensation expense, the amortization of debt issuance costs, bond premiums and original issuance discounts, other depreciation, amortization of land rights, straight-line rent adjustments, losses on debt extinguishment, and loan impairment charges, reduced by capital maintenance expenditures.(3) Adjusted EBITDA is net income, excluding interest, taxes on income, depreciation, (gains) or losses from sales of property, stock based compensation expense, straight-line rent adjustments, amortization of land rights, losses on debt extinguishment and loan impairment charges.Mitigation Efforts and Anticipated Impact of COVID-19 Outbreak * On April 16, 2020, the Company and certain of its subsidiaries acquired the real property associated with the Tropicana Las Vegas ("Tropicana") from Penn National Gaming, Inc. ("PENN") in exchange for rent credits of $307.5 million, which are to be applied for rent due under the parties’ existing leases for the months of May, June, July, August, October and a portion of November 2020, assuming the completion of the Morgantown transaction described below. PENN will otherwise be obligated to continue making cash rent payments to GLPI, including cash rent in April (which was received in full), September, November and December 2020. For financial reporting and debt covenant purposes, the Company has included the amounts of non-cash rents earned in net income, FFO, AFFO, and Adjusted EBITDA. Simultaneous with GLPI’s acquisition of the Tropicana, the Company entered into a lease with PENN for the Tropicana with nominal annual rent and PENN will continue to operate the property for two years (subject to three one-year extensions at GLPI’s option) or until the Tropicana is sold, whichever is earlier. The lease is a triple net lease relieving the Company from carrying and other costs at the property during the lease term. * Subject to receipt of required regulatory approval, the Company expects to complete the acquisition from PENN of the land under its gaming facility under construction in Morgantown, Pennsylvania in exchange for $30.0 million in rent credits. GLPI and PENN also intend to enter into a lease for the Morgantown land which is expected to generate $3.0 million of initial annual cash rent for GLPI. * The Company granted PENN the exclusive right until December 31, 2020 to purchase the operations of the Company's Hollywood Casino Perryville, in Perryville, Maryland, for $31.1 million, with the closing of such purchase, provided PENN exercises its option and subject to regulatory approvals, expected to occur during calendar year 2021 on a date selected by PENN with reasonable prior notice to the Company, unless otherwise agreed upon by both parties. Upon closing, the Company will lease the real estate of the Perryville facility to PENN pursuant to a lease providing for initial annual rent of $7.77 million, subject to escalation provisions.
- 07/30/2020
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Gaming and Leisure Properties CFO Stepping Down
- Gaming and Leisure Properties (NASDAQ: GLPI) is on the hunt for a new CFO. The company announced Tuesday that the man currently occupying that position in addition to being senior vice president, Steven Snyder, is vacating it effective Aug. 31. Prior to that he was senior vice president, corporate development at casino and racetrack operator Penn National Gaming -- the company that spun out Gaming and Leisure Properties as a specialty real estate investment trust (REIT) in 2013.
- 07/28/2020
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Gaming and Leisure Properties, Inc. Chief Financial Officer, Steven Snyder, Announces Plan to Step Down
- WYOMISSING, Pa., July 28, 2020 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”) announced today that Steven T. Snyder will be stepping down as Senior Vice President and Chief Financial Officer effective August 31, 2020. The Company has retained Korn Ferry to lead a search for Mr. Snyder’s successor and will evaluate internal and external candidates for the position. Mr. Snyder has served in his current role, and previously as Interim Chief Financial Officer since May 2018. Peter M. Carlino, Chief Executive Officer of Gaming and Leisure Properties, commented, “I have worked side by side with Steve for more than 20 years, first at Penn National and for the last seven years at Gaming and Leisure Properties. He was instrumental in building the foundation for what Penn National has become, played an important role in the creation of the gaming industry’s first REIT, and has helped guide Gaming and Leisure Properties in its growth, tenant expansion and diversification, and more recently through the challenges presented by COVID-19. On behalf of the Board of Directors, the entire GLPI team and our shareholders, we thank him for his many contributions to our long-term success and wish him the best in the future. We have a deep bench of REIT-experienced finance executives at GLPI which leaves us in a fantastic position to continue our growth. The Board and senior management’s search for a new Chief Financial Officer is focused on identifying a forward-thinking finance executive that can support GLPI’s further growth and the enhancement of shareholder value.”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. GLPI expects to grow its portfolio by pursuing opportunities to acquire additional gaming facilities to lease to gaming operators. GLPI also intends to diversify its portfolio over time, including by acquiring properties outside the gaming industry to lease to third parties. GLPI elected to be taxed as a REIT for United States federal income tax purposes commencing with the 2014 taxable year and was the first gaming-focused REIT in North America.Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, including our expectations for growth and diversification through future acquisitions. Forward-looking statements can be identified by the use of forward-looking terminology such as “expects,” “believes,” “estimates,” “intends,” “may,” “will,” “should” or “anticipates” or the negative or other variation of these or similar words, or by discussions of future events, strategies or risks and uncertainties. Such forward looking statements are inherently subject to risks, uncertainties and assumptions about GLPI and its subsidiaries, including risks related to the following: the availability of and the ability to identify suitable and attractive acquisition and development opportunities and the ability to acquire and lease those properties on favorable terms; the ability to receive, or delays in obtaining, the regulatory approvals required to own and/or operate its properties, or other delays or impediments to completing acquisitions or projects; GLPI's ability to maintain its status as a REIT; our ability to access capital through debt and equity markets in amounts and at rates and costs acceptable to GLPI; the impact of our substantial indebtedness on our future operations; changes in the U.S. tax law and other state, federal or local laws, whether or not specific to REITs or to the gaming or lodging industries; and other factors described in GLPI’s Annual Report on Form 10-K for the year ended December 31, 2019, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, each as filed with the Securities and Exchange Commission. All subsequent written and oral forward-looking statements attributable to GLPI or persons acting on GLPI’s behalf are expressly qualified in their entirety by the cautionary statements included in this press release. GLPI undertakes no obligation to publicly update or revise any forward-looking statements contained or incorporated by reference herein, whether as a result of new information, future events or otherwise, except as required by law. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release may not occur.Contact Investor Relations – Gaming and Leisure Properties, Inc. Brandon Moore, Senior Vice President, Secretary, General Counsel investorinquiries@glpropinc.com 610/401-2900Joseph Jaffoni, Richard Land, James Leahy 212/835-8500 glpi@jcir.com
- 07/28/2020
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Sports betting stocks fall as baseball's Miami Marlins cancels home opener amid COVID-19 outbreak
- Shares of companies with sports betting operations were hit hard Monday, after Major League Baseball's Miami Marlins were forced to postpone their home...
- 07/27/2020
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DraftKings, Penn Gaming Drop as Covid-19 Cancels Baseball
- DraftKings, Penn Gaming Drop as Covid-19 Cancels Baseball
- 07/27/2020
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Housing Is Red Hot
- U.S. equity markets snapped a three-week winning streak as escalating tensions with China, mediocre corporate earnings reports, and continued pandemic-related uncertainty counterbalanced another slate of stellar housing market data.
- 07/25/2020
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The Barstool Stake Will Take Penn National Gaming to Another Level
- The reopenings of some gambling properties will benefit Penn National Gaming, but Barstool will be PENN stock's primary catalyst.
- 07/24/2020
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Is Gaming and Leisure Properties (GLPI) a Good Value Stock?
- Is Gaming and Leisure Properties (GLPI) a great pick from the value investor's perspective right now? Read on to know more.
- 07/24/2020
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Redpoint Investment Management Pty Ltd Sells 2,242 Shares of Gaming and Leisure Properties Inc (NASDAQ:GLPI)
- Redpoint Investment Management Pty Ltd lessened its position in shares of Gaming and Leisure Properties Inc (NASDAQ:GLPI) by 13.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,136 shares of the real estate investment trust’s stock after selling 2,242 shares during the period. Redpoint […]
- 07/22/2020
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Gaming and Leisure Properties Inc (NASDAQ:GLPI) Receives Consensus Recommendation of “Buy” from Brokerages
- Gaming and Leisure Properties Inc (NASDAQ:GLPI) has been assigned a consensus rating of “Buy” from the fourteen ratings firms that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and ten have issued a buy rating on the company. The average […]
- 07/22/2020
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Eldorado finishes $17.3B buyout of Caesars Entertainment
- A Nevada company has completed a $17.3 billion buyout of Caesars Entertainment Corp. and will take the iconic company’s name going forward as the largest casino owner in the world
- 07/21/2020
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Is Gaming and Leisure Properties a Buy?
- This highly focused REIT is a unique mixture of opportunities and risks. Here are three facts to consider when deciding if it's a buy or not.
- 07/21/2020
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Dividend Cuts And Overdue Rent: Previewing REIT Earnings Season
- Did the rent get paid? How about the mortgage? Earnings season kicks off this week with more than 175 REITs and housing industry companies reporting earnings over the next month.
- 07/20/2020
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Global Partners Announces Series A Preferred Unit Distribution
- Global Partners LP (NYSE: GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has declared a quarterly cash distri
- 07/20/2020
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Coronavirus Claims Casualty Ahead Of REIT Earnings Season
- U.S. equity markets continued their seemingly unfaltering rally this week as positive vaccine news, stimulus hopes, strong economic data, and solid bank earnings offset concern of reopening reversals.
- 07/18/2020
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Nevada casino company gets approval to become gambling giant
- A $17.3 billion buyout creating the world’s biggest casino company has final approval from regulators
- 07/17/2020
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Nevada casino company gets approval to become gambling giant
- A $17.3 billion buyout creating the world’s biggest casino company has final approval from regulators
- 07/17/2020
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Louisiana State Employees Retirement System Increases Stock Holdings in Penn National Gaming, Inc (NASDAQ:PENN)
- Louisiana State Employees Retirement System lifted its stake in shares of Penn National Gaming, Inc (NASDAQ:PENN) by 22.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 32,200 shares of the company’s stock after buying an additional 5,800 shares during the quarter. Louisiana State […]
- 07/17/2020
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Casino REITs: The House Always Wins
- Ready to roll the dice? Casino REITs aren't the gamble that may appear on the surface. Despite the ongoing coronavirus pandemic, casino REITs have actually outperformed the broader REIT sector.
- 07/16/2020
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Penn National Gaming to Report Second Quarter Results and Host Conference Call and Webcast on August 6
- Penn National Gaming, Inc. (PENN: Nasdaq) announced today that it will release its 2020 second quarter financial results at 7:00 a.m. ET on Thursday,
- 07/15/2020
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PENN STOCK: Penn National Will Do Well As Gaming Rebounds | InvestorPlace
- PENN stock will do well over the next year. It is worth at least two-thirds more than its present price once its casinos are fully open.
- 07/14/2020
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Coronavirus US: 61,492 new cases recorded, second highest day on record – live updates
- Alabama, Maine and Texas to vote in primaries today as Covid-19 numbers keep rising
- 07/14/2020
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Whittier Trust Co. Boosts Stake in Penn National Gaming, Inc (NASDAQ:PENN)
- Whittier Trust Co. increased its stake in shares of Penn National Gaming, Inc (NASDAQ:PENN) by 2,985.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,033 shares of the company’s stock after buying an additional 11,643 shares during the quarter. Whittier Trust […]
- 07/14/2020
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Pence heads to Louisiana amid renewed surge in virus cases
- Vice President Mike Pence is heading to Louisiana amid the state's reemergence as one of the nation’s hot spots for the coronavirus only months after seeming to contain its outbreak
- 07/14/2020
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Arlington, Va., Named ‘Fittest City’ in 2020 American Fitness Index® Ranking of Top 100
- Arlington, Va., has been named
- 07/14/2020
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MGM Springfield casino reopens under strict state regulations
- MGM is reopening its Springfield, Massachusetts casino at 25% occupancy. The casino has strict guidelines in place to ensure guest safety.
- 07/13/2020
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VICI Properties Announces Release Date for Second Quarter 2020 Results
- VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) announced today that it will release its second quarter 2020 financial results
- 07/13/2020
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Penn National Gaming, Inc (NASDAQ:PENN) Stock Holdings Lifted by Royal Bank of Canada
- Royal Bank of Canada grew its position in shares of Penn National Gaming, Inc (NASDAQ:PENN) by 299.2% in the 1st quarter, Holdings Channel reports. The institutional investor owned 142,485 shares of the company’s stock after acquiring an additional 106,795 shares during the period. Royal Bank of Canada’s holdings in Penn National Gaming were worth $1,803,000 […]
- 07/11/2020
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Moody National Bank Trust Division Increases Stake in Gaming and Leisure Properties Inc (NASDAQ:GLPI)
- Moody National Bank Trust Division grew its position in Gaming and Leisure Properties Inc (NASDAQ:GLPI) by 1.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 118,080 shares of the real estate investment trust’s stock after acquiring an additional 1,430 shares […]
- 07/11/2020
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Did Hedge Funds Make The Right Call On Gaming and Leisure Properties Inc (GLPI) ?
- We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]
- 07/10/2020
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Penn National Gaming Inc. ($PENN) Incomplete Bullish Sequence
- The Corona Virus has had its toll on the marketplace in general. But some select names have rallied sharply off the March 2020 lows, Penn National Gaming is one of those names. Not only has Penn rallied from a low of 3.75 to a high of 40.46. But it has made a new All Time …
- 07/02/2020
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As Pro Sports Resume, Penn National Gaming Is a Safe Bet
- Sports betting is a huge business. As pro sports leagues prepare to resume operations, it's a safe bet to put your money on PENN stock.
- 07/02/2020
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Penn National Gaming's Path Forward | The Motley Fool
- The company plans to thrive in a major new market.
- 07/02/2020
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No REIT Is Pandemic Proof, But We Have Cracked The Code
- There really is no such thing as a pandemic-proof (or shutdown-proof or chaos-proof) REIT. In this environment, we understand that the key to unlocking value in
- 07/02/2020
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Tower Research Capital LLC TRC Increases Stock Holdings in Penn National Gaming, Inc (NASDAQ:PENN)
- Tower Research Capital LLC TRC lifted its stake in Penn National Gaming, Inc (NASDAQ:PENN) by 279.3% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,117 shares of the company’s stock after purchasing an additional 3,768 shares during the quarter. Tower Research Capital LLC […]
- 07/02/2020
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Louisiana has largest daily spike in virus cases since April
- BATON ROUGE, La. (AP) — Louisiana has recorded its largest daily coronavirus case spike since April, and the mayor of Baton Rouge announced Wednesday that she is requiring people to wear masks inside businesses in hopes of stemming the worrisome spread of the disease. Nearly 2,100 new cases of the COVID-19 disease caused by the coronavirus were confirmed over the past day in Louisiana residents, and hospitalizations continued to tick upward. The state is regularly lodging around 1,000 new positive cases each day, numbers that are starting to look like early April — before the impacts of a statewide stay-at-home order drove down new infections. The trend is worrying public health experts that Louisiana’s once successful efforts to slow infections are being undermined by a complacent public ignoring recommended precautions. “This disease is coming back, and it’s coming back with a vengeance, and we better start getting serious,” said Dr. Jimmy Guidry, state health officer. Louisiana's health department said the increases aren't all tied to more testing and aren't in group settings, such as nursing homes. Nearly all the cases reported Wednesday, the health department said, are tied to community spread. In Louisiana's capital city, Mayor Sharon Weston Broome signed an executive order that requires people to wear face coverings when they are inside a business, beginning Friday. Gov. John Bel Edwards already mandates that workers who deal with the public in any business statewide must wear a mask; Broome's order will apply to patrons. “My message is simple. Save a life, save our economy and wear a face covering,” Broome said at a news conference with Edwards. New Orleans Mayor LaToya Cantrell already has issued a mask requirement for nearly all activities in her city, and the New Orleans suburb of...
- 07/02/2020
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Baton Rouge Man John Butler Sentenced to 78 Months in Federal Prison
- Baton Rouge Man John Butler Sentenced to 78 Months in Federal Prison | STL.News - Read this and more news at STL.NEWS
- 07/01/2020
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Louisiana has largest daily spike in virus cases since April
- BATON ROUGE, La. (AP) — Louisiana has recorded its largest daily coronavirus case spike since April, and the mayor of Baton Rouge announced Wednesday that she is requiring people to wear masks inside businesses in hopes of stemming the worrisome spread of the disease. Nearly 2,100 new cases of the COVID-19 disease caused by the coronavirus were confirmed over the past day in Louisiana residents, and hospitalizations continued to tick upward. The state is regularly lodging around 1,000 new positive cases each day, numbers that are starting to look like early April — before the impacts of a statewide stay-at-home order drove down new infections. The trend is worrying public health experts that Louisiana’s once successful efforts to slow infections are being undermined by a complacent public ignoring recommended precautions. Louisiana's health department said the increases aren't all tied to more testing and aren't in group settings, such as nursing homes. Nearly all the cases reported Wednesday, the health department said, are tied to community spread. In Louisiana's capital city, Mayor Sharon Weston Broome announced she's signing an executive order that requires people to wear face coverings when they are inside a business. Gov. John Bel Edwards already mandates that workers who deal with the public in any business statewide must wear a mask; Broome's order will apply to patrons. “My message is simple. Save a life, save our economy and wear a face covering,” Broome said on Twitter. She added: “This is to protect the health of residents and visitors and to assist in the safe reopening of the city-parish economy without the need for the strict mitigation." New Orleans Mayor LaToya Cantrell already has issued a mask requirement for nearly all activities in her city, and the New Orleans suburb of Jefferson...
- 07/01/2020
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Louisiana has largest daily spike in virus cases since April
- BATON ROUGE, La. (AP) — Louisiana has recorded its largest daily coronavirus case spike since April, and the mayor of Baton Rouge announced Wednesday that she is requiring people to wear masks...
- 07/01/2020
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3 Reasons to Be Optimistic About PENN Stock Rallying | InvestorPlace
- PENN stock is in a better position to rally once Covid-19 loosens its grip due to its diversified portfolio and strong liquidity position.
- 07/01/2020
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GAMING & LEISURE PROPERTIES, INC. : Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Financial Statements and Exhibits (form 8-K) | MarketScreener
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Penn National Gaming : Announces Sports Betting Partnership With Sportradar for National Football League Data | MarketScreener
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Gaming and Leisure Properties, Inc. Schedules Second Quarter 2020 Earnings Release and Conference Call
- Gaming and Leisure Properties, Inc. (GLPI) today announced that the Company will release its 2020 second quarter financial results after the market close on Thursday, July 30, 2020. The Company will host a conference call at 9:00 a.m. ET on Friday, July 31, 2020. During the conference call, Peter M. Carlino, Chairman and Chief Executive Officer, and Steven T. Snyder, Senior Vice President, Chief Financial Officer, will review the quarter’s results and performance, discuss recent events and conduct a question-and-answer period.
- 07/01/2020
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Penn National Gaming Announces Sports Betting Partnership With Sportradar for National Football League Data
- Penn National Gaming, Inc. (NASDAQ: PENN) (“Penn National” or the “Company”) announced today that it has entered into a partnership with Sportradar, t
- 07/01/2020
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Second medical marijuana provider in Louisiana poised to roll out products
- Only two entities in Louisiana - both colleges - are authorized to produce medical marijuana for patients, and Southern University on Wednesday is expected to join Louisiana State in rolling out its first product line.
- 06/30/2020
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Summit raises $2.2 billion for 2 funds
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Louisiana session reaches final hours with budget unresolved
- BATON ROUGE, La (AP) - A 30-day Louisiana special session called in the middle of the coronavirus pandemic to assist businesses was going down to the wire Tuesday, with a multibillion-dollar state budget awaiting passage but millions of dollars in tax breaks largely complete.
The House and Senate were working on a $34 billion spending plan to keep programs and services operating in the budget year that begins Wednesday. The proposal uses federal virus aid to stop deep cuts but sets Louisiana up for future financial problems if state tax collections don't rebound from the virus outbreak.
The special session must end by 6 p.m. on Tuesday.
Also under negotiation was a proposal to shield K-12 schools and colleges from most civil lawsuits if a student or teacher contracts the COVID-19 disease caused by the coronavirus. And lawmakers hadn't reached a final agreement on the business lobby's top priority, an effort to rework civil litigation rules to lessen the damage claims that can be awarded in car accident lawsuits.
The special session began June 1, immediately after lawmakers adjourned a regular session shortened by the coronavirus outbreak. The majority-Republican House and Senate crafted the agenda for the special session themselves, only the second time in Louisiana history that lawmakers called themselves into session, rather than letting a governor dictate the plans.
GOP lawmakers said the state needed to help small businesses get on their feet after Gov. John Bel Edwards ordered closures and restrictions to respond to the coronavirus. The Legislature set aside $300 million for small business grants in the regular session and agreed to millions of dollars in business tax cuts in the special session.
The session agenda - crafted in heavy consultation with business lobbying groups - provoked criticism from...
- 06/30/2020
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Louisiana lawmakers end session with budget deal, tax breaks
- BATON ROUGE, La (AP) — Louisiana lawmakers on Tuesday completed a 30-day special session called in the middle of the coronavirus pandemic, after awarding millions of dollars in tax breaks to...
- 06/30/2020
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MGM Stock Is a Tough Buy With Surging Coronavirus Cases
- MGM stock is a tough buy, keep a look out on gaming revenue as it could be at risk.
- 06/30/2020
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Atlas Selected to Lead Sherwood Forest Drive Extension Project in Louisiana
- AUSTIN, Texas, June 30, 2020 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (Nasdaq: ATCX) (“Atlas” or the “Company”), a leading provider of...
- 06/30/2020
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Las Vegas casinos could ditch cash amid coronavirus fears
- Las Vegas gamblers could soon bet with their cellphones instead of cash as casinos try to bounce back from the coronavirus crisis, a new report says. Nevada gaming regulators approved rules last we…
- 06/29/2020
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Examining DraftKings' Competition
- The owners of DraftKings stock are thrilled about the return of sports. But Penn and FanDuel are competing with DraftKings.
- 06/29/2020
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3 Online Gambling Stocks You Shouldn't Bet Against
- Today’s stock market is still worried about the novel coronavirus, but tomorrow’s next big investment in online gambling could be happening right now.
- 06/29/2020
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Odell Beckham and girlfriend Lauren Wood engage in PDA at LA venue
- The talented receiver, who's been linked to Wood since last fall, had previously been linked to Amber Rose, Khloe Kardashian and Zendaya.
- 06/29/2020
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Why GAN Could Be the Shopify of Online Gambling | The Motley Fool
- GAN is a B2B software provider powering the online gambling industry -- and expecting rapid revenue growth for years to come.
- 06/27/2020
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Las claves de la inversión en el mundo pos-Covid-19
- El teletrabajo, el mayor gasto en compras online, la creciente demanda de servicios a distancia, la digitalización y la expansión del 5G son los elementos que no hay que perder de vista según Morgan Stanley
- 06/26/2020
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Big Deals Highlight Boom in Convertible Securities
- American Airlines and PG&E lead a crowded parade of corporate issuers.
- 06/26/2020
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1,300-plus leap in reported Louisiana coronavirus cases
- NEW ORLEANS (AP) - The number of reported COVID-19 cases in Louisiana has taken another large one-day jump, increasing Friday by more than 1,300 as the number of people hospitalized with the disease caused by the new coronavirus continued upward.
The state reported a total of 54,769 confirmed cases as of midday. The death toll was 3,077, up by 26 from Thursday.
Some of the growth in known case numbers can be attributed to increased testing. However, the number of people sick enough to be hospitalized - considered a key indicator that the virus is spreading - went up to 700. The figure is down from nearly 2,000 in April but up from a low of 542 on June 13.
The increasing numbers led Gov. John Bel Edwards this week to put off a further easing of restrictions on public gatherings and some business activity. Edwards has promised stepped up enforcement on businesses that aren't complying with virus-related restrictions on capacity and requirements that employees dealing with the public wear masks.
Baton Rouge's mayor unveiled a phone number and website for people to anonymously report businesses that don't comply with the rules.
Friday marked the second one-day spike of more than 1,300 this week.
- 06/26/2020
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JPMorgan: 3 High-Yield (6%-Plus) Dividend Stocks to Buy Now
- Dividend stocks are always popular with investors, and it’s no secret why. A reliable dividend provides a steady income stream even when times are hard and markets turn down, protecting investors from losses due to share depreciation.Finding the right dividend stock, however, is the real trick. Yields average only about 2%, and some of the market’s stalwart stocks yield less than 1% (Apple and Microsoft come to mind). But high-yielding dividend stocks, with reliable payments, are out there – even during these corona crisis times.Top analysts from investment bank JPMorgan have been focusing their gaze on some likely candidates for income investors’ interest. Using the TipRanks database, we’ve pulled the details on three of JPM’s dividend stock picks, to find out just why they’re such compelling choices. Hess Midstream Operations (HESM)We'll start in the energy industry, with Hess Midstream. When you think of the hydrocarbon sector, it’s normal to focus on the wells that extract the oil and gas – but that would come to nothing without the midstream companies. These companies, like Hess, have the assets and infrastructure to gather, process, store, and transport crude oil and natural gas products from the wells to the refineries to the final point of sale. Hess operates in the famous Bakken Formation, which put the Dakotas on the map at the start of the US fracking boom.The coronavirus quarter has been difficult for Hess, but the company has been able to adapt. Q1 saw EPS rise 25% sequentially to 35 cents. This was derived from net income of $129 million. Even better for investors, Hess has strong prospects going forward. Throughput on gas processing, gas gathering, crude oil gathering, and crude oil terminaling are all up. The company also boasts a high rate of minimum volume commitments, which have protected some 975 of revenues going forward.All of this put Hess is a solid position to raise its dividend. The company has raised its dividend every quarter for the past three years, and the most recent increase, of 1.2%, raised the payment to 43.1 cents per share. At $1.72 annualized, this gives HESM dividend an impressive 9.2% yield.JPMorgan analyst Jeremy Tonet notes Hess’s earnings success. He is more impressed with the company’s ability to keep up its business volumes, writing, “HESM's crude oil gathering, gas processing, and terminal volumes beat our expectations, while natgas gathering volumes matched." "We believe that investors will be encouraged by: (1) HESM reaffirming 2021 EBITDA growth guidance of 25%, (2) MVCs protecting 97% of 2H20 revenues, and (3) the low end of the new guidance assuming effectively zero third-party activity for the remainder of the year, which we believe is conservative. Additionally, HESM reaffirmed March capex guidance of approximately $275mm for 2020, and $100mm for 2021,” the analyst added.Tonet rates HESM shares a Buy, and his $23 price target implies an upside of 30% from current levels. (To watch Tonet’s track record, click here)The analyst consensus on HESM is a Strong Buy, based on a 3 to 1 split between Buy and Hold ratings. Shares are selling for $18.71 and the average price target of $17.60 suggests the stock has room for 12% growth. (See HESM stock analysis on TipRanks)MGM Growth Properties (MGP)From energy, we move to real estate. Specifically, to real estate investment trusts. These companies, which own, operate, or invest in real properties and/or mortgages and mortgage-backed securities, are structured by tax statutes to return a high percentage of their earnings directly to shareholders. This makes them perennial dividend champs, as that is the usual mode of return.MGM Growth Properties owns a portfolio of entertainment destinations, 13 properties in 8 states. MGM’s properties are mainly casinos and luxury hotels. The company boasts over 27,000 rooms in its hotels, and saw revenues of $881 million last year. The luxury nature of the properties helped MGM survive the ‘coronavirus quarter.’ The company saw a 3.4% sequential decline in earnings, to 56 cents per share, but in Q2, the company has shored up its liquidity position with an offering of $800 million in senior notes due in 2025.Better yet, for dividend investors, MGM declared its Q2 dividend earlier this month, including an increase in the payment to 48.8 cents per share quarterly. This makes the sixth dividend increase for MGM in the past three years. The current annualized rate is $1.95, and gives a yield of just over 7%.Covering this stock for JPM is 5-star analyst Joseph Greff, who writes of the company’s prospects in restarting operations going forward: “While MGP expected to see pent up demand following a period of closures, performance at recently reopened properties has exceeded their expectations... Additional re-openings will likely depend on demand and which segments come back first/strongest rather than creating a cluster of properties.”In line with his outlook, Greff gives MGP shares a Buy rating. His $31 price target implies a one-year upside potential of nearly 15%. (To watch Greff’s track record, click here)Wall Street is in agreement with Greff, as indicated by the Strong Buy rating from the analyst consensus. This rating is based on 10 reviews, including 9 Buys and just a single Hold. Shares in MGP are selling for $27.04, and the average price target of $31.10 suggests the stock has room for 15% upside growth this year. (See MGP stock analysis on TipRanks)Gaming and Leisure Properties (GLPI)Last on our list today is another REIT, also in the gaming industry. Gaming and Leisure Properties owns and operates 43 casino properties spread across 17 states. The company came into 2020 – and the corona crisis – on the heels of 5 years of steady share gains, and saw further gains during January.Those gains came to a halt in February, when the viral outbreak and the economic shutdowns brought casino business to a halt. GLPI shares joined the general market fall, and are still down over 24% from their February peak. Despite the heavy share price losses, GLPI was able to beat the Q1 earnings estimates by more than 2%, reporting EPS of 88 cents. During the second quarter, GLPI conducted a $500 million pricing of 4% senior notes, to be due in 2031. The offering shores up the company’s liquidity position and allows it to reduce interest payments going forward, sound moves in the current climate.Also in a move to keep liquidity strong, GLPI reduced its dividend payment in the Q2 declaration. After paying out 70 cents per share in Q1, the company is paying 60 cents per share in Q2. This gives an annualized payment of $2.40, or a yield of 6.7%, a strong return by any standard.Joseph Greff also analyzed GLPI for JPM. In his note at the beginning of May, Greff wrote, “We have a favorable view of GLPI taking practical steps to work with its tenants on rent relief, and while we do view GLPI’s decision to reduce the quarterly dividend to $0.60 … as unfortunate, we view this as temporary and believe it will work itself out over time.”In line with his favorable view, Greff rated the stock a Buy. His price target, set in early May, was $29 – and the stock has already shown the wisdom of his comment above by powering through that target to trade above $35 now. (To watch Greff’s track record, click here)GLPI is another stock with a Strong Buy analyst consensus, this one based on 8 Buy reviews and 1 Hold. The stock is currently selling for $35.52, and the average price target of $36.38 suggests a modest potential upside. Expect Wall Street’s analyst to revisit their targets on GLPI in the near future. (See GLPI stock-price forecast on TipRanks)To find good ideas for dividend stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.
- 06/26/2020
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Dave Portnoy says the day-trading revolution will slow down once sports return and people go back to work, but gambling analysts aren't so sure
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It’s Time to Get Cautious Again for PENN Stock
- With a dramatic increase in coronavirus cases, you don’t want to expose yourself to contextually risky companies like Penn National Gaming.
- 06/26/2020
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Don't Bet on PENN Stock Until Casinos Start to Level Out
- Penn National is selling at a premium because it hopes to deliver online sports betting, but it's unclear that PENN stock can deliver
- 06/26/2020
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Nuveen Asset Management LLC Sells 5,346,541 Shares of Penn National Gaming, Inc (NASDAQ:PENN)
- Nuveen Asset Management LLC lessened its stake in shares of Penn National Gaming, Inc (NASDAQ:PENN) by 91.4% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 502,685 shares of the company’s stock after selling 5,346,541 shares during the quarter. Nuveen Asset Management LLC […]
- 06/26/2020
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Gaming and Leisure Properties (NASDAQ:GLPI) Coverage Initiated at Wolfe Research
- Stock analysts at Wolfe Research assumed coverage on shares of Gaming and Leisure Properties (NASDAQ:GLPI) in a research report issued on Wednesday, MarketBeat Ratings reports. The brokerage set an “outperform” rating and a $46.00 price target on the real estate investment trust’s stock. Wolfe Research’s price target would indicate a potential upside of 29.50% from […]
- 06/26/2020
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Legal teams discover their inner geek
- Lawyers who merge business, law and technology are redefining corporate legal departments. Plus: five general counsel who stand out for developing new products
- 06/26/2020
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After George Floyd, Louisiana lawmakers back policing study
- BATON ROUGE, La. (AP) — Amid a national conversation about law enforcement's use of force with people of color, Louisiana lawmakers are creating a task force to study police training, misconduct...
- 06/25/2020
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Nueva ola de contagios de covid-19 por bares atestados en EE.UU.
- Crean un coctel peligroso de espacios estrechos, adultos jóvenes sin miedo a enfermarse y, en algunos casos, propietarios que no imponen límites al número de clientes y reglas de distanciamiento so…
- 06/25/2020
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How Penn National Gaming's Stock Managed to Climb on Bad News
- PENN stock once looked like a disaster due to the coronavirus. But this very pandemic is driving the next leg higher for shares.
- 06/25/2020
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3 Reasons for Short-Term Caution with DraftKings Stock
- DraftKings stock has a good chance to be a long-term winner. But for a number of reasons, investors don't need to be in any rush.
- 06/25/2020
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Nueva ola de contagios de COVID por bares atestados
- Autoridades de salud pública han identificado los bares como el lugar de los brotes en Louisiana, Florida, Idaho y Wyoming. Hay 43,000 bares en todo el país.
- 06/25/2020
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Packed Bars Serve Up New Rounds Of COVID Contagion
- State officials are pointing to reopened bars as a cause of local spikes in coronavirus cases. Bars are tailor-made for the spread of the virus, with a cacophony of conversations that require raise…
- 06/25/2020
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Why Bars Are The Perfect Environment For Spreading Coronavirus
- Bars create a risky cocktail of tight quarters, young adults unbowed by the fear of illness and, in some instances, proprietors who don’t enforce crowd...
- 06/25/2020
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Tesla Shares May Power Down a Bit Near Term
- The charts of the electric vehicle maker are showing some weakening in the stock, though a major shake-out isn't likely.
- 06/25/2020
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U.S. crude oil refining capacity nears 19 million bpd: U.S. EIA
- U.S. crude oil refining capacity grew by nearly 1 percent in 2019, or 173,650 barrels per day (bpd) to nearly 19 million bpd, a new record, according to a report released on Wednesday by the U.S. Energy Information Administration (EIA).
- 06/25/2020
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Tensions erupt in Louisiana House in debate about policing
- BATON ROUGE, La. (AP) — An effort to review police tactics and curtail the use of excessive force after the death of George Floyd sparked renewed tensions Wednesday in the Louisiana House, where...
- 06/24/2020
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Why Penn National Gaming Stock Fell Today | The Motley Fool
- Coronavirus concerns had investors closing out their bets.
- 06/24/2020
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Gaming and Leisure Properties (GLPI) Investor Presentation - Slideshow
- The following slide deck was published by Gaming and Leisure Properties, Inc. in conjunction with this event.
- 06/24/2020
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Louisiana medical marijuana market expected to grow after program changes, but headwinds remain
- Louisiana's medical marijuana market is poised to grow in the wake of new legislation that allows more physicians to authorize the drug for added medical conditions.But the state's nascent regulated cannabis sector still faces significant business challenges.
- 06/24/2020
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Penn National Gaming (NASDAQ:PENN) Trading Up 17.1% After Analyst Upgrade
- Penn National Gaming, Inc (NASDAQ:PENN)’s stock price was up 17.1% during mid-day trading on Tuesday after Stifel Nicolaus raised their price target on the stock from $23.00 to $39.00. Stifel Nicolaus currently has a buy rating on the stock. Penn National Gaming traded as high as $37.43 and last traded at $36.82, approximately 29,941,271 shares […]
- 06/24/2020
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House agrees to shield Louisiana schools from COVID lawsuits
- BATON ROUGE, La. (AP) — Louisiana K-12 schools and colleges would receive sweeping protections against civil lawsuits from students and teachers who contract an infectious disease, including...
- 06/23/2020
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Barstool Sports Founder Sending Penn National Gaming Stock Higher Today | The Motley Fool
- Should Penn be worth more than DraftKings?
- 06/23/2020
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GLPI or AMT: Which Is the Better Value Stock Right Now?
- GLPI vs. AMT: Which Stock Is the Better Value Option?
- 06/23/2020
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Roll the Dice: Penn National Gaming Is Ready for an Upside Breakout
- Do the charts agree?
- 06/23/2020
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Barstool's Dave Portnoy says he'll focus on sports betting when sports return
- "I'm enjoying the stock stuff ... It's been fun ... but I'm a sports guy. I'm a sports better," Barstool Sports founder Dave Portnoy said after jumping into day trading.
- 06/22/2020
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Could Barstool’s Dave Portnoy be part of Alex Rodriguez’s Mets ownership bid?
- Imagine a Mets ownership group consisting of Alex Rodriguez, Jennifer Lopez … and Dave Portnoy. Following Monday’s development that Vitamin Water co-founder Mike Repole and an unidentified in…
- 06/22/2020
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The Top Reasons Penn National Gaming Can Return to $40 per Share
- Lady Luck appears to be back in the building, with casino stocks like PENN stock beginning to recoup their losses.
- 06/22/2020
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Ares closes first special opportunities fund at $3.5 billion
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2 Vacation Stocks Poised for a Bull Run | The Motley Fool
- These companies have diversified business models that can survive in these difficult economic times.
- 06/22/2020
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Gary Chambers speaks out on viral video demanding Confederate school name change
- "What you saw in that video is really a reflection of what Black America is dealing with as it relates to white America," Chambers told "Morning Joe."
- 06/22/2020
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Man rips board member for 'shopping' during debate on Confederate name
- Gary Chambers, who was a candidate for the Louisiana state senate last year, called on Connie Bernard to resign at a school board meeting last Thursday.
- 06/22/2020
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Penn Stock Can Now Build on its Recent Bullishness
- Penn National Gaming is one of the hottest casino stocks on the market. There are good reasons why investors should bet on PENN stock.
- 06/22/2020
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Louisiana Lawmakers Block Bill Allowing Lawsuits Against Officers
- A Louisiana lawmaker's effort to eliminate police officers' wide immunity from lawsuits and allow people injured by law enforcement to sue for damages in
- 06/22/2020
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Penn National Gaming (NASDAQ:PENN) Downgraded to “Sell” at Deutsche Bank
- Penn National Gaming (NASDAQ:PENN) was downgraded by investment analysts at Deutsche Bank to a “sell” rating in a research report issued on Sunday, TipRanks reports. They presently have a $22.00 price objective on the stock. Deutsche Bank’s price target would suggest a potential downside of 31.55% from the stock’s current price. Several other research firms […]
- 06/22/2020
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What Made Deutsche Bank Downgrade Penn National Gaming's Stock? - Markets
- Deutsche Bank analyst Carlo Santarelli downgraded Penn National Gaming (PENN – Research Report) to Sell today and set a price
- 06/21/2020
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Analysis: Emotions high as La. lawmakers debate policing
- BATON ROUGE, La. (AP) — As the nation grapples with its past and present, Louisiana lawmakers are having the same uncomfortable conversations happening around the country, about police tactics, excessive force and racial bias. Emotions are spilling out in a special session that was aimed at business recovery from the coronavirus outbreak but that fell in the middle of a national outcry stemming from the death of George Floyd and other African American men and women before him. The talks have spurred tears, anger and tensions in committee hearings as Louisiana's black lawmakers seek systemic change in policing. What appears likely to emerge from the session is a task force to make recommendations — and an intention to keep legislative focus on the subject. Rep. Jason Hughes, a New Orleans Democrat, spoke to his colleagues after several House committee hearings dealing with issues of policing. “Those conversations have painful. Those conversations have been emotional," he said. "But those conversations have been deeply necessary." Rep. Ted James, a Baton Rouge Democrat, declared in a hearing Thursday that he had cried more in the Louisiana Capitol across the last week than he had over his nine-year tenure as a lawmaker. James proposed a study of police tactics in the aftermath of Floyd's death. Floyd, an African American man, died after a white Minneapolis police officer pressed his knee into the handcuffed man’s neck even as he pleaded for air. James could only get support of the House and Governmental Affairs Committee after agreeing to the demands of several white lawmakers that he strip a reference to Floyd and strike out language describing “the deaths of black men at the hands of white police officers in recent years." The white lawmakers called the...
- 06/21/2020
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Trump supporters compete for attention with protesters outside Tulsa arena
- President Donald Trump’s supporters faced off with protesters shouting “Black Lives Matter” Saturday in Tulsa as the president took the stage for his first...
- 06/21/2020
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Supporters, protesters face off outside Trump rally
- President Donald Trump's supporters faced off with protesters shouting "Black Lives Matter" Saturday in Tulsa as the president held his first campaign rally in months amid public health concerns about the coronavirus and fears that the event could lead to violence in the wake of killings of Black people by police.
- 06/21/2020
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Tensions flare at protests outside Donald Trump’s rally in Tulsa
- Hundreds of marchers flooded the city’s downtown streets and blocked traffic at times, but police reported just one arrest as of Saturday afternoon.
- 06/21/2020
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Exclusive Pro Photos: Tesla Cybertruck At The Petersen Automotive Museum
- David Rand, a visual effects artist who has worked with major motion pictures such as Moana, Big Hero 6, and Frozen, just to name a few, has graciously gifted CleanTechnica his own perspective of the Cybertruck's debut at the Petersen Automotive Museum.
- 06/21/2020
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How Tesla Became The World's Most Valuable Automaker In Just 16 Years [Updated With Elon's Tweets]
- Forbes published an article this past week titled, "How Did Tesla Become The Most Valuable Car Company In The World?" I thought I would not only answer that question but also share a few highlights from the article.
- 06/21/2020
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Trump comeback rally met with protests in Tulsa - The Boston Globe
- President Trump’s supporters faced off with protesters shouting “Black Lives Matter” Saturday in Tulsa as the president held his first campaign rally in months amid public health concerns about the coronavirus and fears that the event could lead to violence in the wake of killings of Black people by police.
- 06/21/2020
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Tensions flare at protests outside Trump rally in Tulsa
- President Donald Trump's supporters faced off with protesters shouting “Black Lives Matter" Saturday in Tulsa as the president held his first campaign rally in months amid public health concerns about the coronavirus and fears that the event could lead to violence in the wake of killings of Black people by police.
- 06/21/2020
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Tensions flare at protests outside Trump rally in Tulsa
- President Donald Trump's supporters faced off with protesters shouting "Black Lives Matter" Saturday in Tulsa as the president held his first campaign rally in months amid public health concerns about the coronavirus and fears that the event could lead to violence in the wake of killings of Black people by police.
- 06/21/2020
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Metal barriers, Trump gear: Crowd readies for Tulsa rally - The Boston Globe
- Supporters of President Donald Trump filled the streets Saturday around the Tulsa stadium where the president will hold his first rally in months, ready to welcome him back to the campaign trail despite warnings from health officials about the coronavirus and the possibility of conflicts with protesters.
- 06/21/2020
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School board member who praised Robert E Lee criticised for shopping online during debate about dropping his name
- 'Honour the right people on the right side of history'
- 06/20/2020
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Tension as Trump supporters prepare for Tulsa rally
- Thousands turned out to welcome the US President back to the campaign trail despite warnings from health officials about the coronavirus and the possibility of conflicts with protesters.
- 06/20/2020
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Metal barriers, Trump gear: Crowd readies for Tulsa rally
- Supporters of U.S. President Donald Trump were filling streets Saturday around the Tulsa stadium where the president will hold his first rally in months, ready to welcome him back to the campaign trail despite warnings from health officials about the coronavirus.
- 06/20/2020
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Gaming and Leisure Properties Sees Unusually High Options Volume (NASDAQ:GLPI)
- Gaming and Leisure Properties Inc (NASDAQ:GLPI) was the recipient of some unusual options trading on Thursday. Investors purchased 3,754 put options on the company. This is an increase of 5,421% compared to the typical volume of 68 put options. Gaming and Leisure Properties stock opened at $37.66 on Friday. The company has a debt-to-equity ratio […]
- 06/20/2020
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Tesla & SpaceX Make Juneteenth An Employee Holiday
- Juneteenth was a day that ushered in freedom for slaves in the United States. It happened on June 19, 1865. Slavery is just sick and evil, and the way our nation has treated black Americans (or black people in general -- from other countries as well) is beyond horrifying and sickening.
- 06/20/2020
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Firearms sales on the rise, more travel bans eased
- The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the work place and the spread of the virus. ________________________ STRESS TESTS: The Federal Reserve is making modifications to the way it performs stress tests on banks due to the virus outbreak. Vice Chair for Supervision Randal Quarles said Friday that this year's modifications include adding three new scenarios to see how well banks respond to them. The scenarios include a rapid V-shaped recovery that regains much of the output and employment lost by the end of this year; a slower, more U-shaped recovery in which only a small share of lost output and employment is regained in 2020; and a W-shaped double dip recession with a short-lived recovery followed by a severe drop in activity later this year due to a second wave of containment measures. Quarles said that the Fed won't hesitate to take additional policy actions should they be warranted under the then-prevailing economic conditions. REOPENINGS: — Penn National Gaming has restarted operations at 30 of its 41 gaming and racing properties, representing more than 70% of its regional gaming portfolio. Friday will see the reopening of four Ohio properties and the Hollywood Casino at Penn National Race Course in Pennsylvania. FINANCIAL RESULTS: — Smith & Wesson Brands' fourth-quarter revenue climbed more than 37% to $197 million as consumers demand for firearms increased in March, the period when virus outbreak lockdowns were starting in the U.S. The company said it's internal inventories allowed it to address the sudden increase in demand in the quarter. Smith & Wesson said the quarter's COVID-19 pandemic-related costs were...
- 06/19/2020
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Un verano sin volver a casa para muchos españoles en el extranjero
- Estos viajes eran un balón de oxígeno para los emigrados, según la psicóloga Celia Arroyo.
- 06/19/2020
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Analysis: Emotions high as La. lawmakers debate policing
- BATON ROUGE, La. (AP) — As the nation grapples with its past and present, Louisiana lawmakers are having the same uncomfortable conversations happening around the country, about police tactics,...
- 06/19/2020
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Gaming and Leisure Properties Floating $500 Million in Debt; Dividend Disbursement Approved | The Motley Fool
- The casino REIT will use part of the proceeds to retire debt.
- 06/19/2020
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Tesla's Cybertruck Will Debut At The Petersen Auto Museum This Weekend
- The Tesla Cybertruck will debut at the Petersen Automotive Museum this weekend, according to Robb Report.
- 06/19/2020
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LSU board votes to strip segregationist's name from library
- BATON ROUGE, La. (AP) — Louisiana State University's governing board agreed Friday to remove the name of a segregationist former president from the campus' main library, making the decision on the...
- 06/19/2020
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Firearms sales on the rise, more travel bans eased
- The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the work place and the spread of the virus.
________________________
STRESS TESTS: The Federal Reserve is making modifications to the way it performs stress tests on banks due to the virus outbreak.
Vice Chair for supervision Randal Quarles said Friday that this year's modifications include adding three new scenarios to see how well banks respond to them. The scenarios include a rapid V-shaped recovery that regains much of the output and employment lost by the end of this year; a slower, more U-shaped recovery in which only a small share of lost output and employment is regained in 2020; and a W-shaped double dip recession with a short-lived recovery followed by a severe drop in activity later this year due to a second wave of containment measures.
Quarles said that the Fed won't hesitate to take additional policy actions should they be warranted under the then-prevailing economic conditions.
REOPENINGS:
- Penn National Gaming has restarted operations at 30 of its 41 gaming and racing properties, representing more than 70% of its regional gaming portfolio.
Friday will see the reopening of four Ohio properties and the Hollywood Casino at Penn National Race Course in Pennsylvania.
FINANCIAL RESULTS:
- Smith & Wesson Brands' fourth-quarter revenue climbed more than 37% to $197 million as consumers demand for firearms increased in March, the period when virus outbreak lockdowns were starting in the U.S.
The company said it's internal inventories allowed it to address the sudden increase in demand in the quarter.
Smith & Wesson said the quarter's COVID-19 pandemic-related costs were...
- 06/19/2020
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Firearms sales on the rise, more travel bans eased
- The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the work place and...
- 06/19/2020
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Penn National Gaming Has Reopened More Than 70% of Its Casinos | The Motley Fool
- After all of its properties were closed due to the pandemic, the casino operator now gives investors more than one reason to be optimistic.
- 06/19/2020
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Tesla Given Green Light To Generate Electricity In The UK
- Tesla has been given the green light to generate electricity in the UK. It's been granted an electricity generation license and Ofgem, an energy regulator, has published a press release stating...
- 06/19/2020
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Should Investors Place Their Next Bet on DraftKings Stock? | The Motley Fool
- DraftKings is a market darling, but should investors be cautious?
- 06/19/2020
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Good News on Covid-19 Treatments
- A cheap pill for inflammation expands the list of proven drugs to three, and Gilead’s CEO is looking into inhaled remdesivir. How the medicines compare. Plus, what to make of day-trading Twitter celebrity Dave Portnoy.
- 06/19/2020
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Tesla Hasn't Broken Tulsa's Heart Yet, Austin Not Confirmed For Tesla Gigafactory
- Yesterday morning, it looked like Austin would definitely be the new location for Gigafactory 5 (Giga Texas). KXAN reported that Tesla submitted an application with Del Valle ISD for "Gigafactory" and there are $68 million tax incentives proposed.
- 06/19/2020
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Coronavirus update: U.S. case tally climbs above 2.2 million as Tulsa prepares for Trump’s indoor rally
- The number of confirmed cases of the coronavirus illness COVID-19 in the U.S. rose above 2.2 million on Friday, as Tulsa, Oklahoma geared up for President...
- 06/19/2020
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The Sports-Fueled Rally in PENN Stock Needs to Reverse | InvestorPlace
- PENN stock has added about $850 million in value in 2020 despite significant pressure on the core business. Investors are ignoring key risks.
- 06/19/2020
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Gaming and Leisure Properties : Announces Shareholder Election Results for Second Quarter Dividend | MarketScreener
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Stocks making the biggest moves in the premarket: Alibaba, Penn National Gaming, Spotify & more
- Alibaba and JD.com have a record day during one of China's biggest shopping events. Penn National Gaming ramps up its reopening.
- 06/19/2020
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Penn National Gaming Stock Is Well Positioned On Several Fronts
- Be vigilant as PENN stock should continue to appreciate this year
- 06/19/2020
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The Most Expensive Suburbs in Every State
- Check out the toniest neighborhoods in every state.
- 06/19/2020
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Penn National Gaming Has Resumed Operations at More Than 70 Percent of the Company’s 41 Properties
- Penn National Gaming, Inc. (NASDAQ: PENN) (“Penn National” or the “Company”) today announced that 30 of its 41 gaming and racing properties have resum
- 06/19/2020
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Gaming and Leisure Properties, Inc. Announces Shareholder Election Results for Second Quarter Dividend
- The dividend of $0.60 per share of the Company’s common stock, par value $0.01 per share, consists of a combination of cash and shares and will be paid on June 26, 2020 to shareholders of record on May 13, 2020. Based on shareholder elections, the dividend will be paid in the form of approximately $26 million in cash and approximately 2.7 million shares of the Company’s common stock.
- 06/18/2020
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Plan to study police tactics, bias in Louisiana near passage
- BATON ROUGE, La. (AP) — Louisiana would create a study group to make recommendations about how to improve police training and tactics, address misconduct and recognize racial bias by officers,...
- 06/18/2020
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Ford Launching Its Own Driver-Assist System To Compete With Tesla Autopilot (Sort Of)
- CNBC just reported that Ford is trying to compete with Tesla and GM by launching its own driver-assist system to compete with Tesla’s Autopilot and GM's Super Cruise. Sort of.
- 06/18/2020
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Jefferies Practically Doubles Its Price Target On Tesla
- Jefferies just came pretty close to doubling its price target on Tesla, CNBC has reported. Analyst Philippe Houchois raised Tesla's price target to what is known as a "Street high." This number is $1,200 and it is a jump from the previous target of $650. The belief is that COVID-19, the disease that many thought was going to harm Tesla and its stock, did the opposite. It accelerated the transition to EVs and renewables.
- 06/18/2020
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Possibility Of Tesla Interior Camera Recording Video During Break-In Or Collision On Firmware 2020.24.5
- There is a possibility that Tesla’s interior camera will now record video during a break-in or a collision. This new feature, if the translations are correct, are in Firmware 2020.24.5.
- 06/18/2020
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US sports are embracing social justice. The WNBA was doing it before it was cool
- How does an entire league come to share this sense of urgency around social issues? It could be that women’s sports itself remains somewhat of an act of protest
- 06/18/2020
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There's More than One Way to Play MGM Stock
- While the narrative for Las Vegas has improved considerably, there's still a long way to go. Thus, if you want exposure to MGM Resorts, you should consider casino ETFs.
- 06/18/2020
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World EV Day Is Being Launched By ABB, GreenTV, & Others On September 9
- Mark your calendars for World EV Day. It will be on Wednesday, September 9, 2020. This collaborative initiative has been launched by ABB, Green.TV, Mahindra Electric Mobility, Volta Trucks, and Pivot Power.
- 06/18/2020
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Analyst: 'Trends Are Encouraging' For US Regional Casinos
- The reopening of casinos on the Las Vegas Strip has been mixed at best, with string initial demand driving reopenings but room rates significantly down from a year ago.
Regional...
- 06/18/2020
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Gaming and Leisure Properties Announces Pricing of $500,000,000 of 4.000% Senior Notes Due 2031
- Gaming and Leisure Properties, Inc. (“GLPI”) (GLPI) today announced the pricing of a public offering of $500.0 million aggregate principal amount of 4.000% Senior Notes Due 2031 (the “Notes”), to be issued by its operating partnership, GLP Capital, L.P. (the “Operating Partnership”), and GLP Financing II, Inc., a wholly owned subsidiary of the Operating Partnership (together with the Operating Partnership, the “Issuers”). The Notes will be senior unsecured obligations of the Issuers, guaranteed by GLPI. The net proceeds from the offering, after deducting underwriting discounts and commissions and estimated expenses, are expected to be approximately $488.8 million.
- 06/17/2020
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‘Married At First Sight’ Season 11 Wedding Photos: Meet New Orleans Cast
- The Lifetime reality show will introduce five brides to five grooms at the altar. Get a sneak peek at their wedding photos!
- 06/17/2020
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Louisiana House approves new business subsidies amid pandemic strain
- The Louisiana House of Representatives on Tuesday approved three tax incentives but fell just short of sending a fourth to the state Senate.
- 06/17/2020
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Lawmakers stall bill striking at Louisiana officer immunity
- BATON ROUGE, La. (AP) — A Louisiana lawmaker's effort to eliminate police officers' wide immunity from lawsuits and allow people injured by law enforcement to sue for damages in civil court was...
- 06/17/2020
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How Long Will It Take Penn National Gaming to Jump Another 970%?
- Penn National Gaming (NASDAQ:PENN) hit 52-week low of $3.75 on March 18. PENN stock jumped 970% over the next 55 days of trading.
- 06/17/2020
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Estas eran las cosas comunes y corrientes que estaban haciendo estos estadounidenses negros cuando la policía los mató
- Dormida. Conduciendo. De pie, fuera de su edificio de apartamentos. Estas son algunas de las cosas que estaban haciendo algunos estadounidenses negros antes de que la policía se les acercara por un…
- 06/17/2020
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Gaming and Leisure Properties Inc (NASDAQ:GLPI) Shares Bought by Legal & General Group Plc
- Legal & General Group Plc lifted its holdings in shares of Gaming and Leisure Properties Inc (NASDAQ:GLPI) by 10.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,086,085 shares of the real estate investment trust’s stock after buying an additional […]
- 06/17/2020
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DraftKings Takes Advantage Of 'Favorable Market Conditions' With Share Offering
- Online sports betting company DraftKings Inc (NASDAQ: DKNG) announced Tuesday afternoon a 14-million share offering to take advantage of "favorable market conditions,"...
- 06/17/2020
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Revulsion at Floyd’s Killing Triggers National Derangement
- Commentary It would be possible at a glance to imagine that the United States had taken complete collective ...
- 06/16/2020
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GOP-backed tax breaks win House support, as Democrats object
- BATON ROUGE, La. (AP) — The Louisiana House's tax break debate Tuesday highlighted the chamber's deepening partisan divisions in the state's coronavirus response effort.
Republicans...
- 06/16/2020
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GAN : Reports First Quarter 2020 Financial Results | MarketScreener
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Rockpoint closes latest opportunistic real estate fund at $3.8 billion
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