The Insider Activity Of Gaming and Leisure Properties Inc. (GLPI) Is Worth Monitoring

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Gaming and Leisure Properties Inc. (NASDAQ:GLPI) finished Wednesday with a subtraction of -$0.99 to close at $46.83, a downside of -2.07 percent. An average of 2,298,340 shares of common stock have been traded in the last five days. There was a fall of -$1.80 in the past week, and it reached a new high 19 times over the past 12 months. The last 20 days have seen an average of 2,520,100 shares traded, while the 50-day average volume stands at 1,916,660.

GLPI stock has decreased by -8.23% in the last month. The company shares reached their 1-month lowest point of $46.81 on 09/21/22. With the stock rallying to its 52-week high on 08/18/22, shares of the company touched a low of $41.81 and a high of $52.87 in 52 weeks. It has reached a new high 14 times so far this year and lost -3.76% or -$1.83 in price. In spite of this, the price is down -11.42% from the 52-week high.


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Insider Transactions

56 days have passed since Gaming and Leisure Properties Inc. (GLPI) last reported insider trading activity. Moore Brandon John, who is EVP, Gen Counsel & Sec, most recently acquired $3,000 shares at $52.00 per share on Jul 28. In this transaction, the insider spent $156,000. EVP, Gen Counsel & Sec, Moore Brandon John, disposed of 2,714 shares at a price of $50.00 on Jul 19. The insider now owns more than $135,700 worth of shares. Prior to that, EVP, Gen Counsel & Sec Moore Brandon John went on to Sale 286 shares at $50.00 each on Jul 18. An amount of $14,300 was transacted.

Valuation Metrics

Gaming and Leisure Properties Inc. (GLPI) has a trailing price-to-earnings (P/E) ratio of 21.13. The stock’s beta is 1.03. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 9.46, the price-to-book (PB) ratio at 3.73, and the price-to-cash flow ratio at 76.36.

The company has a payout ratio of 123.10%. The company’s most recent quarterly dividend payment was $0.7050 a share, without any change from last year. Its latest increase dividend $0.0150 reported on Tuesday May 10 2022.

Financial Health

Further, the company has a long term debt to equity ratio of 2.11 and a total debt to equity ratio of 2.11 for the quarter ending June 29. Its gross profit as reported stood at $841.77 million compared to revenue of $1.22 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Gaming and Leisure Properties Inc.’s return on assets was 5.20%.

Earnings Surprise

For the three-month period that ended June 29, Gaming and Leisure Properties Inc. had $6.52 billion in total debt. The analyst consensus anticipated Gaming and Leisure Properties Inc.’s latest quarter earnings to come in at $0.64 per share, but it turned out to be $0.62, a -3.10% surprise. For the quarter, EBITDA amounted to $302.83 million. At the end of the quarter ending June 29, Gaming and Leisure Properties Inc.’s stock balance sheet showed total debt was $6.76 billion. Shareholders own equity worth $255.48 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Gaming and Leisure Properties Inc. (GLPI) price momentum. RSI 9-day as of the close on 21 September was 31.69%, suggesting the stock is Neutral, with historical volatility in this time frame at 26.70%.

As of today, GLPI’s price is $48.03 -3.70% or -$1.80 from its 5-day moving average. GLPI is currently trading -8.23% lower than its 20-day SMA and +1.34% higher than its 100-day SMA. However, the stock’s current price level is -2.15% below the SMA50 and +2.45% above the SMA200.

The stochastic %K and %D were 23.20% and 31.15%, respectively, and the average true range (ATR) was 1.11. With the 14-day stochastic at 0.71% and the average true range at 1.05, the RSI (14) stands at 35.43%. The stock has reached -0.73 on the 9-day MACD Oscillator while the 14-day reading was at -0.79.

Analyst Ratings

RBC Capital Mkts launched coverage on Gaming and Leisure Properties Inc. (NASDAQ: GLPI) in its analyst report released on September 19, 2022. The firm assigned the stock an Outperform rating.

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