GLPI Intrinsic Stock Value – Marshall Wace LLP adds Gaming and Leisure Properties to portfolio in second quarter purchase

October 4, 2024

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Gaming ($NASDAQ:GLPI) and Leisure Properties (GLPI) is a real estate investment trust (REIT) that owns, acquires, develops, and operates gaming and related facilities. The company’s main source of revenue is from long-term triple-net leases with its tenants, which include well-known gaming operators such as Penn National Gaming and Boyd Gaming. Marshall Wace LLP is a global investment management firm that specializes in equity strategies. As part of its strategy, Marshall Wace actively monitors and adjusts its portfolio based on changes in market conditions and potential opportunities for growth. This move by the investment firm could indicate a promising outlook for GLPI’s future performance. One possible reason for Marshall Wace’s interest in GLPI could be the company’s strong financial performance in recent years.

In addition, GLPI has a strong track record of increasing its dividend payments to shareholders. Another factor that may have attracted Marshall Wace to GLPI is the growing demand for gaming and leisure properties. With the gradual easing of pandemic restrictions and the increasing popularity of online gaming, the industry is expected to see a significant rebound in the coming years. This could bode well for GLPI and its tenants, as they are well-positioned to benefit from the expected growth in the gaming market. Moreover, GLPI’s unique business model as a REIT in the gaming industry may have also caught the attention of Marshall Wace. As a triple-net lease REIT, GLPI is responsible for collecting rent from its tenants, while they bear most of the costs associated with running their properties. This allows GLPI to generate steady and predictable cash flows, making it an appealing investment for income-oriented investors. This move by the investment firm could signal a positive outlook for GLPI’s future and may attract other investors to take notice of this promising REIT.

Share Price

This decision was based on GLPI’s strong performance in the market and their potential for growth in the gaming and leisure industry. On Thursday, GLPI’s stock opened at $51.11 and closed at $51.12, experiencing a slight decrease of 0.06% from the previous closing price of $51.15. Despite this small dip, Marshall Wace LLP saw value in investing in GLPI, as the company has consistently shown resilience and stability in the market. GLPI operates as a real estate investment trust (REIT) that owns, acquires, and leases gaming and related facilities. This includes casinos, racetracks, and hotels across the United States. With the recent legalization of sports betting in various states, GLPI is well-positioned to benefit from this growing market.

In addition to their strong presence in the gaming industry, GLPI also has a diverse portfolio of properties in other leisure sectors such as entertainment, dining, and retail. This diversification further strengthens their position in the market and makes them an attractive investment for firms like Marshall Wace LLP. This move also sends a positive signal to other investors, potentially leading to an increase in GLPI’s stock price in the future. With their diverse portfolio and solid position in the market, GLPI is well-equipped to continue thriving in the gaming and leisure industry. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for GLPI. More…

    Total Revenues Net Income Net Margin
    1.44k 733.85
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for GLPI. More…

    Operations Investing Financing
    1.01k -650.83 86.35
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for GLPI. More…

    Total Assets Total Liabilities Book Value Per Share
    11.81k 4.16k 15.57
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for GLPI are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    74.2%
    FCF Margin ROE ROA
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis – GLPI Intrinsic Stock Value

    After conducting a thorough analysis of GAMING AND LEISURE PROPERTIES’s fundamentals, I have determined that the intrinsic value of their shares is approximately $50.6. This value has been calculated using our proprietary Valuation Line, which takes into account various financial metrics and projections for the company. Currently, GAMING AND LEISURE PROPERTIES’s stock is trading at $51.12, which suggests that it is fairly priced. This means that investors can expect to receive a fair return on their investment, as the stock is not overvalued or undervalued. One of the key factors contributing to the fair valuation of GAMING AND LEISURE PROPERTIES is their strong fundamentals. The company has a solid financial position, with stable revenue and earnings growth over the years. Furthermore, GAMING AND LEISURE PROPERTIES has a strong management team and a clear strategy for future growth. They have been actively expanding their portfolio and making strategic acquisitions, which bodes well for their long-term prospects. Overall, I believe that GAMING AND LEISURE PROPERTIES is a sound investment choice at its current price. With a fair valuation and strong fundamentals, it offers potential for steady returns in the long run. However, as with any investment, it is important for investors to conduct their own research and carefully consider their own risk tolerance before making any decisions. More…

  • Star Chart Analysis
  • Valuation Analysis




  • Peers

    The competition among Gaming and Leisure Properties Inc and its competitors is fierce. While each company has its own unique strengths and weaknesses, they are all striving to be the best in the industry. This competition drives innovation and higher standards, which benefit consumers and investors alike.

    – Spirit Realty Capital Inc ($NYSE:SRC)

    Spirit Realty Capital is a real estate investment trust that primarily invests in net leased properties across the United States. The company’s market cap as of 2022 is 5.23 billion. Spirit Realty Capital is focused on providing its shareholders with stable and growing cash flow and capital appreciation through its investments in high-quality net leased properties.

    – Capital & Counties Properties PLC ($LSE:CAPC)

    Capital & Counties Properties PLC, a real estate investment trust, engages in the regeneration of Central London. The company owns and manages Covent Garden, an area comprising Covent Garden Piazza, Seven Dials, and Earlham Street. It also owns and manages other properties in Central London. As of December 31, 2020, the company’s portfolio consisted of approximately 52 acres of land with 513,000 square feet of office space, 220,000 square feet of retail space, and 1,460 residential units. Capital & Counties Properties PLC was founded in 2010 and is based in London, the United Kingdom.

    – Sun Communities Inc ($NYSE:SUI)

    Sun Communities Inc is a real estate investment trust that owns and operates manufactured home communities. As of December 31, 2020, the Company owned and operated 379 manufactured home communities containing approximately 116,000 developed sites.

    Summary

    Marshall Wace LLP, a leading investment management firm, recently acquired a new stake in Gaming and Leisure Properties, Inc. This purchase took place in the second quarter of the year, indicating a strong belief in the potential of the company’s stock. This move suggests that the firm has conducted a thorough analysis of Gaming and Leisure Properties’ financial performance and growth prospects. It is likely that Marshall Wace LLP sees potential for future growth and profitability in this stock, which aligns with their investment strategy. This acquisition could also indicate positive sentiment towards the company’s industry and overall market conditions.

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