Real estate properties related to gaming and leisure
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After Plunging 8.4% in 4 Weeks, Here's Why the Trend Might Reverse for Gaming and Leisure Properties (GLPI)
ZACKS· 2025-12-10 15:41
Core Viewpoint - Gaming and Leisure Properties (GLPI) has experienced significant selling pressure, resulting in an 8.4% decline over the past four weeks, but analysts anticipate improved earnings in the near future [1] Group 1: Technical Analysis - The Relative Strength Index (RSI) is utilized to determine if GLPI is oversold, with a current reading of 29.19 indicating potential exhaustion of selling pressure [2][5] - RSI serves as a momentum oscillator that helps identify price movement reversals, suggesting that GLPI may be undervalued due to excessive selling [3] Group 2: Fundamental Analysis - Analysts have raised earnings estimates for GLPI, with a 0.3% increase in the consensus EPS estimate over the last 30 days, indicating a potential for price appreciation [7] - GLPI holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, further supporting the likelihood of a near-term turnaround [8]