GLPI Stock Recent News

We have recently identified some new opportunities. Real estate businesses remain undervalued. We present 2 of our newest top picks.

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.

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.

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.

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?

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.

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?

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.

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.

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.