GLPI Stock Recent News

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.

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?

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.

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.

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.

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.

24/7 Insights Quality dividend stocks could outperform over the next year.