Gaming and Leisure Properties, Inc. (GLPI) Company Bio
Gaming & Leisure Properties is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company was established in 2013 and is based in Wyomissing, PA.
GLPI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for GLPI, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Gaming & Leisure Properties Inc ranked in the 55th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Gaming & Leisure Properties Inc ended up being:
Gaming & Leisure Properties Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 5.5% of tickers in our DCF set.
Gaming & Leisure Properties Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 24.44% of US stocks with positive free cash flow.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than only 22.98% of stocks in its sector (Real Estate).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Gaming & Leisure Properties Inc? See RVI, RYN, AAT, EQR, and WY.
WYOMISSING, Pa., Jan. 27, 2021 (GLOBE NEWSWIRE) — Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2020 fourth quarter financial results after the market close on Thursday, February 18, 2021. The Company will host a conference call at 9:00 a.m. ET on Friday, February 19, 2021. During the… Read More »Gaming and Leisure Properties, Inc. Schedules Fourth Quarter 2020 Earnings Release and Conference Call
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). Form 1099 Reference: (Boxes 1a + 2a + 3) Box 1a Box 1b Box 2a Box 2bBox 3Box 5Record DatePayable DateTotal Distribution Per ShareOrdinary Taxable DividendsTaxable Qualified Dividends (1)Total Capital Gain DistributionUnrecaptured 1250 Gain (2)Nondividend Distributions (3)Section 199A Dividends (4)03/06/202003/20/2020$0.700000$0.686463$0.000000$0.000700-$0.012837$0.68646305/13/202006/26/2020$0.600000$0.588397$0.000000$0.000600-$0.011003$0.58839708/17/202009/25/2020$0.600000$0.588397$0.000000$0.000600-$0.011003$0....
Gaming and Leisure Properties (GLPI) promoted Steven Ladany to SVP, chief development officer to lead the company's merger, acquisition and development efforts.Before joining the company in 2014 and last serving as SVP, Finance, Mr. Ladany served as a VP at Revel Casino Hotel, a regional gaming property currently known as Ocean Casino Resort."He has...
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. Steven Ladany joined the Company in September 2014 as Vice President, Finance and served in that role until March 2019, when he was promoted to Senior Vice President, Finance. Prior to joining GLPI, Mr. Ladany served as a Vice President at Revel Casino Hotel, a regional gaming property currently known as Ocean Casino Resort, and as a Vice President at J.P. Morgan in the Syndicated and Leveraged Finance group within the firm’s investment banking division. “St...