With 1.76 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.62 million shares. During the session, the REIT – Specialty company that operates in wider Real Estate sector, reached to the highest price of $46.36 whereas the lowest price it dropped to was $45.40. The 52-week range on GLPI shows that it touched its highest point at $54.88 and its lowest point at $43.54 during that stretch. It currently has a 1-year price target of $53.57. With its current market cap of 12.37 billion, GLPI has annualized dividend of $3.15 while the current yield stands at 6.80%. Beta for the stock currently stands at 0.95.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GLPI was up-trending over the past week, with a rise of 4.21%, but this was down by -0.24% over a month. Three-month performance dropped to -0.86% while six-month performance fell -2.26%. The stock lost -14.82% in the past year, while it has lost -6.12% so far this year. A look at the trailing 12-month EPS for GLPI yields 2.77 with Next year EPS estimates of 2.92. For the next quarter, that number is 0.70. This implies an EPS growth rate of 2.12% for this year and 3.15% for next year. EPS is expected to grow by 2.83% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 11.88%.
Float and Shares Shorts:
At present, 270.92 million GLPI shares are outstanding with a float of 255.12 million shares on hand for trading. On Feb 15, 2024, short shares totaled 3.38 million, which was 1.24% higher than short shares on Jan 12, 2024. In addition to GLSI as the firm’s Greenwich LifeSciences, Inc., GLP serves as its Global Partners LP.
Institutional Ownership:
Through their ownership of 91.74% of GLPI’s outstanding shares, institutional investors have majority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GLPI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
Dividends & Yield:
In terms of dividends, GLPI has a current ratio of $2.90, which is $2.90 over the trailing 12-months, while a dividend of $– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and GLPI currently yields $6.39. In the past year, GLPI’s dividend yield has been $6.39, but when looking at the stock over the past five years, its yield has been $6.11. Accordingly, GLPI has a current buyback yield of $–. This was $– for the TTM, and it was $– for the past five years.
Summary of Insider Activity:
Insiders traded GLPI stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 4 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 3,589 while 0 shares were sold.
