NASDAQ:GLPI Stock Quote
Gaming & Leisure Properties, Inc. is a real estate investment trust (REIT) that focuses on acquiring and managing a diverse portfolio of casino and gaming-related properties
The company primarily invests in retail and entertainment facilities that include gaming establishments, offering long-term leases to operators in the gaming industry. By leveraging its expertise in real estate and the gaming sector, Gaming & Leisure aims to generate sustainable income through rental revenue while providing its tenants with the resources and locations necessary to thrive in the competitive gaming market.
Frequently Asked Questions
Does GLPI pay dividends?
Yes, Gaming and Leisure Properties, Inc. is known for paying dividends to its shareholders. As a REIT, the company is required to distribute at least 90% of its taxable income as dividends to qualify for tax benefits, making it an attractive option for income-focused investors.
How can investors buy shares of GLPI?
Investors can buy shares of Gaming and Leisure Properties, Inc. through any brokerage firm that facilitates access to the stock market. Shares can be purchased directly via an online brokerage platform or through a financial advisor.
How does GLPI address risks in its business?
GLPI addresses risks through careful portfolio management, diversification of properties, and maintaining strong relationships with tenants. The company actively monitors market conditions and key performance indicators to mitigate potential risks associated with the gaming sector.
How does GLPI generate revenue?
GLPI generates revenue primarily through long-term leases with its tenants. The company collects rent from these gaming operators, providing a steady cash flow to support its business operations and dividend payments to shareholders.
How many properties does GLPI own?
As of the latest reporting, GLPI owns and operates a diverse portfolio of over 40 gaming properties. The exact number may vary as the company continues to grow and expand through acquisitions.
Is Gaming and Leisure Properties, Inc. publicly traded?
Yes, Gaming and Leisure Properties, Inc. is publicly traded on the Nasdaq stock exchange under the ticker symbol 'GLPI.' The company is part of the REIT sector, attracting investors interested in real estate and gaming.
Is GLPI involved in any partnerships?
Yes, GLPI often partners with various gaming operators to enhance its portfolio. These partnerships are typically structured through long-term leases, aligning the interests of both GLPI and the operators to achieve success.
What are some challenges facing GLPI?
Some challenges facing GLPI include regulatory changes in the gaming industry, competition from other gaming establishments, and economic downturns that may affect the performance of its tenants. The company must navigate these challenges while maintaining profitability.
What does Gaming and Leisure Properties, Inc. do?
Gaming and Leisure Properties, Inc. (GLPI) is aReal Estate Investment Trust (REIT) that specializes in the acquisition, ownership, and leasing of gaming and entertainment-related properties. The company was established to pursue opportunities in the gaming sector specifically and primarily focuses on properties that operate casinos and gaming facilities.
What is GLPI's approach to growth?
GLPI pursues growth through strategic acquisitions of gaming properties and by forming long-term relationships with reputable gaming operators. This approach helps bolster the company's portfolio and expand its market presence.
What is GLPI's market capitalization?
As of October 2023, Gaming and Leisure Properties, Inc.'s market capitalization can fluctuate, so it's advisable to check financial news sources or the Nasdaq website for the latest figures. This metric reflects the company's valuation based on its outstanding shares and current stock price.
What is the investment strategy of GLPI?
GLPI's investment strategy focuses on acquiring and maintaining a diverse portfolio of gaming and entertainment properties. The company aims to provide stable income through long-term leases and strategic acquisitions that enhance its asset base.
What markets does GLPI operate in?
GLPI operates primarily within the United States, focusing on various markets where gaming is legalized. The company has properties in several states, tapping into the growing demand for gaming and entertainment options.
What resources are available for GLPI investors?
GLPI investors can access a variety of resources, including the company's official website, investor relations page, annual reports, and financial news outlets. These resources provide valuable insights into the company's performance and strategic direction.
What type of properties does GLPI own?
GLPI primarily owns casino gaming properties and related facilities. Its portfolio includes properties leased to various operators, allowing the company to benefit from the income generated by these gaming establishments.
When was Gaming and Leisure Properties, Inc. founded?
Gaming and Leisure Properties, Inc. was founded in 2013 as spin-off from Penn National Gaming, Inc. The company was created to capitalize on the growth opportunities in the gaming real estate sector.
Where is Gaming and Leisure Properties, Inc. headquartered?
The company is headquartered in Wyomissing, Pennsylvania, which serves as its operational and administrative center to manage its portfolio of properties across the United States.
Who are the key executives at GLPI?
GLPI's executive leadership includes a team of professionals with extensive experience in real estate and gaming. The positions often include a CEO, CFO, and other key roles that guide the company's strategic initiatives and operations.
Who are the primary tenants of GLPI?
GLPI's primary tenants include major gaming operators, such as Penn National Gaming and other licensed gaming establishments. These tenants lease the properties from GLPI, generating steady rental income for the company.
What is the current price of Gaming and Leisure Properties, Inc. - Common Stock?
The current price of Gaming and Leisure Properties, Inc. - Common Stock is 50.56
When was Gaming and Leisure Properties, Inc. - Common Stock last traded?
The last trade of Gaming and Leisure Properties, Inc. - Common Stock was at 4:00 pm EDT on April 2nd, 2025
What is the market capitalization of Gaming and Leisure Properties, Inc. - Common Stock?
The market capitalization of Gaming and Leisure Properties, Inc. - Common Stock is 11.85B
How many shares of Gaming and Leisure Properties, Inc. - Common Stock are outstanding?
Gaming and Leisure Properties, Inc. - Common Stock has 234.29M shares outstanding.