Gaming and Leisure Properties, Inc. GLPI

38.79 0.26 0.67% as of 25 Sep
Market cap
$11.2B
P/E
11.4×
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.42
Total sells 3.53
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — 1 —
Sell — 1 1 1 3 — — — 1 — — —
Insider Ownership 2.39%

Capital & Financial Ratios

Market Cap 11,210.00
Revenue 1,655.15
Net Income 998.18
Free Cash Flow 627.73
Net Debt 7,820.16
Current Ratio 4.74
Debt/Equity 1.51
P/E ratio 11.37
P/S ratio 6.69
P/B ratio 2.06
Past 5Y EPS Growth 9.62%
This Y EPS Growth 9.40%
Next Y EPS Growth 3.11%
Next 5Y EPS Growth 5.71%
in millions of $

Dividends

Payout Ratio 0.98
Annual Dividend Rate 2.88
Annual Dividend Yield 6.68%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 3.23
0.78
0.82
0.82
2025 3.10
0.76
0.78
0.78
0.78
2024 3.04
0.76
0.76
0.76
0.76
2023 2.90
0.72
0.72
0.73
0.73
2022 2.81
0.69
0.71
0.71
0.71
2021 2.66
0.65
0.67
0.67
0.67
0.24
2020 1.03
0.68
0.12
0.12
0.12
2019 2.64
0.66
0.66
0.66
0.68
2018 2.48
0.61
0.61
0.61
0.66
2017 2.41
0.60
0.60
0.61
0.61
2016 2.24
0.54
0.54
0.58
0.58
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 684 1,023 224 319
Receivables — — — —
Inventory — — — —
Other — — — —
723 1,184 472 615
2023 2024 2025 Q'26
Payables 7 6 7 8
ST’ Debt — — — —
Other — — — —
98 119 123 130
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 10.74% 6.70% 6.73%
Cash Flow 13.45% 21.41% 7.07%
Earnings 20.52% 10.29% 6.42%
Book Value 0.00% 13.36% 6.74%

Revenue

Mar Jun Sep Dec Year
’26 420 431 — — —
’25 395 395 398 407 1,595
’24 376 381 385 390 1,532
’23 355 357 360 369 1,440
’22 315 327 334 336 1,312
’21 302 318 299 298 1,216
’20 283 262 308 300 1,153
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 270 350 — — —
’25 252 293 240 343 1,129
’24 258 252 270 292 1,073
’23 241 252 253 263 1,009
’22 233 225 241 221 920
’21 205 197 213 188 804
’20 199 31 81 118 428
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 159 156 — — —
’25 240 272 217 96 825
’24 258 246 262 267 1,033
’23 231 235 241 255 962
’22 231 218 383 213 1,045
’21 204 196 215 175 790
’20 198 30 80 116 424
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.82 0.80 — — —
’25 0.58 0.54 0.85 0.94 2.95
’24 0.64 0.77 0.67 0.79 2.87
’23 0.70 0.59 0.70 0.78 2.77
’22 0.48 0.61 0.85 0.75 2.70
’21 0.54 0.59 0.63 0.50 2.26
’20 0.45 0.52 0.58 0.74 2.30
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.9
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
24.21 30.22 31.19 31.63 13.04 39.08 41.81 43.54 41.80 41.17

Analyst estimates 2026–2028

Powerpack
Low Price
35.98 39.32 37.01 43.22 50.99 51.46 53.43 55.13 52.60 52.25
High Price
751 714 644 648 560 17 17 18 19 20
Employees
1 1 2 2 2 72 77 80 81 80
Revenue/Emp
828 971 1,056 1,153 1,153 1,216 1,312 1,440 1,532 1,595
Revenue
81.66% 83.00% 84.29% 93.52% 95.08% 95.64% 100.00% 100.00% 100.00% 100.00%
Gross Margin
297 390 344 396 510 562 720 757 810 853
EBT
35.84% 40.19% 32.63% 34.30% 44.19% 46.24% 54.92% 52.58% 52.87% 53.46%
EBT Margin
289 381 340 391 506 534 703 755 808 850
Net Income
131 137 161 270 253 262 265 286 285 296
Depreciation
4.64 4.61 4.94 5.37 5.27 5.17 5.19 5.45 5.61 5.70
Revenue/Sh
1.62 1.80 1.59 1.81 2.31 2.27 2.71 2.78 2.87 2.95
Earnings/Sh
2.88 2.84 3.06 3.50 1.96 3.41 3.64 3.82 3.93 4.04
Cash Flow/Sh
(0.01) (0.01) (0.01) (0.01) (0.02) (0.06) 0.49 (0.18) (0.15) (1.09)
Capex/Sh
2.87 2.83 3.06 3.48 1.94 3.35 4.13 3.64 3.79 2.95
Free CF/Sh
13.63 11.67 10.60 9.66 12.22 14.40 16.30 17.08 17.03 17.91
Book Value/Sh
179 211 214 215 219 235 253 264 273 280
Shares
19.74 20.23 20.45 23.78 18.43 21.44 19.03 17.94 16.78 15.20
PE Ratio
6.64 7.94 6.54 8.01 8.05 9.42 9.86 9.14 8.58 7.84
PS Ratio
2.26 3.14 3.05 4.46 3.47 3.38 3.14 2.92 2.83 2.50
PB Ratio
12.23 12.49 12.06 12.96 12.61 14.26 14.39 13.31 13.00 12.25
EV/Sales
19.78 20.34 19.49 20.00 34.27 21.96 18.07 19.93 19.27 23.68
EV/FCF
514 599 654 750 428 804 920 1,009 1,073 1,129
Op' Cash Flow
(2) (2) (1) (3) (4) (14) 125 (47) (40) (304)
Capex
512 596 653 747 424 790 1,045 962 1,033 825
FCF
11 (11) 247 249 408 582 143 625 1,065 349
Working Cap'
4,665 4,443 5,853 5,738 5,755 6,606 6,182 6,682 7,797 7,265
Total Debt
4,628 4,414 5,828 5,711 5,268 5,881 5,943 5,998 6,773 7,041
Net Debt
2,434 2,458 2,266 2,074 2,675 3,390 4,118 4,509 4,646 5,008
Sh' Equity
5.88% 5.20% 4.29% 4.60% 5.79% 5.41% 6.33% 6.46% 6.31% 6.35%
ROA
4.25% 5.51% 4.59% 5.76% 6.37% 5.67% 6.40% 6.36% 6.19% 6.23%
ROIC
26.48% 15.53% 14.35% 18.01% 21.30% 17.61% 18.24% 17.02% 17.14% 17.09%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Gaming and Leisure Properties, Inc. peers in Reit Specialty

All 18 Reit Specialty stocks →

Gaming and Leisure Properties, Inc. (GLPI) key facts

  • Gaming and Leisure Properties, Inc. (GLPI) is a Reit Specialty company in the Real Estate sector, listed on Nasdaq.
  • Gaming and Leisure Properties, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, up 4.13% from fiscal 2024.
  • Net income was $850.4 million, or $2.95 per share (basic), a net margin of 51.7%.
  • As of September 25, 2026, GLPI traded at $38.79, a market capitalization of $11.2 billion.
  • At that price the stock trades at 11.4× trailing-twelve-month earnings and 6.7× sales.
  • Gaming and Leisure Properties, Inc. pays an annual dividend of $2.88 per share, a yield of 6.68%, with a payout ratio of 98.3%.
  • Return on equity was 17.1% and debt-to-equity 1.51.

Source: company filings (standardised) and stockrow calculations.

Gaming and Leisure Properties, Inc. (GLPI) Latest News

News by impact score

Fine-tune

14 Sep

3

Gaming and Leisure Properties (GLPI) stock rating upgraded to Buy. Analyst Buy upgrade can lift short-term investor sentiment and share price for GLPI.

28 Aug

3

Gaming and Leisure Properties (GLPI) stock could be undervalued due to tenant financing concerns. Tenant financing concerns could moderately affect GLPI valuation and market sentiment.

31 Jul

3 transcript

GLPI reported 10% AFFO growth in Q2 2026 earnings call, highlighting sustained revenue gains from gaming property leases and tenant expansions. 10% AFFO increase reflects stronger lease income that can moderately lift near-term financials and stock sentiment.

3

Gaming and Leisure Properties reported Q2 results in its earnings call, covering rental revenue from gaming properties, tenant updates, and capital allocation plans. Quarterly earnings provide updates on revenue and outlook that can shift near-term investor sentiment but rarely alter long-term trajectory.

30 Jul

4

Gaming and Leisure Properties reported record second quarter results and updated its 2026 full year guidance. Record quarterly results and revised 2026 guidance indicate major positive shifts in financial performance and outlook.

3

GLPI beat Q2 FFO and revenue estimates. Quarterly earnings beat supplies moderate positive sentiment without shifting long-term trajectory.

26 Jun

4

Citizens reaffirms Outperform rating on Gaming and Leisure Properties following strategic casino acquisitions. Strategic casino acquisitions trigger reaffirmed Outperform rating with potential to shift growth trajectory.

5 May

4

Gaming and Leisure Properties, Inc. (GLPI) posted strong Q1 results, including AFFO per share growth and robust rental revenue, reinforcing its position as a top REIT stock amid stable casino operations and strategic acquisitions. Robust Q1 financials with AFFO beats and revenue growth signal sustained operational strength, likely driving positive stock re-rating and investor interest.

27 Apr

4

Gaming and Leisure Properties, Inc. (GLPI) released Q1 earnings call highlights covering financial results, operational updates, and strategic outlook. Q1 earnings call highlights provide significant insights into financial performance and future guidance, likely influencing investor sentiment and stock trajectory.

25 Apr

4

Gaming and Leisure Properties Inc (GLPI) reported strong AFFO growth in Q1 2026 earnings call highlights. Strong AFFO growth demonstrates significant positive financial momentum for GLPI's future performance.

3

Investors react positively to Gaming and Leisure Properties, Inc. (GLPI)'s Q1 EPS beat and disciplined capital deployment strategy. GLPI's Q1 EPS beat and capital deployment strategy moderately enhance financial performance and investor sentiment.

24 Apr

4 transcript

Gaming and Leisure Properties, Inc. (GLPI) held its Q1 2026 earnings call, presenting first-quarter financial results, operational updates, strategic developments, and forward-looking guidance. Q1 earnings transcript discloses financial metrics, dividends, acquisitions, and outlook that drive stock price movements and investor confidence.

4

Gaming and Leisure Properties, Inc. (GLPI) released its Q1 2026 earnings call summary, covering financial results, operational updates, and forward guidance. Q1 2026 earnings call summary details financial performance and strategic outlook, significantly influencing GLPI's market valuation and investor expectations.

23 Apr

4

Gaming and Leisure Properties, Inc. (GLPI) reported record first-quarter 2026 results and increased its full-year 2026 guidance. Record Q1 results and raised full-year guidance demonstrate strong financial performance likely to boost investor sentiment and stock trajectory.

3

Gaming and Leisure Properties (GLPI) Q1 FFO and revenues beat analyst estimates. Q1 FFO and revenue beats demonstrate strong financial performance, likely boosting short-term market sentiment and stock price.

14 Apr

4 transcript

Gaming and Leisure Properties, Inc. (GLPI) conducted its quarterly earnings call, reporting financial results, rental revenues from gaming properties, acquisition updates, dividend declarations, and 2024 guidance amid stable operations. Earnings calls detail quarterly financials, strategic updates, and forward guidance that significantly sway investor sentiment and stock trajectory.

30 Mar

3

Gaming and Leisure Properties (GLPI) stock plunged 10.2% in four weeks amid broader market pressures, but improving fundamentals, attractive valuation, and bullish technical indicators suggest a potential trend reversal. Potential reversal after 10.2% plunge could moderately boost investor sentiment and short-term financial performance.

25 Feb

4

Gaming and Leisure Properties, Inc. (GLPI) announced the pricing of $800 million aggregate principal amount of 5.625% senior notes due 2036 at par, upsized from an initial $700 million target, with proceeds intended for general corporate purposes including repayment of outstanding borrowings. Pricing $800 million in senior notes delivers substantial capital for acquisitions, refinancing, and growth, significantly bolstering GLPI's financial flexibility and market position.

23 Feb

4

Gaming and Leisure Properties (GLPI) beat earnings expectations and acquired Bally’s Lincoln casino, prompting a valuation analysis that highlights potential upside amid strong fundamentals and strategic expansion. Earnings beat boosts financial momentum while Bally’s Lincoln acquisition expands GLPI's gaming property portfolio and revenue base.

22 Feb

4

Gaming and Leisure Properties, Inc. (GLPI) released highlights from its Q4 earnings call, covering financial results, operational updates, and future outlook. Q4 earnings call highlights detail financial performance and strategic guidance directly influencing GLPI's valuation and investor expectations.

20 Feb

4

Gaming and Leisure Properties Inc (GLPI) highlighted strong real estate performance in its Q4 2025 earnings call, with key financial metrics showing revenue growth, stable occupancy, and positive outlook for casino properties. Strong Q4 2025 earnings results signal robust financial health and growth in core real estate assets, significantly enhancing investor confidence and future performance trajectory.

4

Gaming and Leisure Properties, Inc. (GLPI) released Q4 2025 earnings call summary highlighting financial results, operational updates, and future outlook. Q4 earnings call summaries detail financial performance and guidance that significantly influence investor sentiment and stock trajectory.

19 Feb

4

Gaming and Leisure Properties (GLPI) beat Q4 FFO and revenue estimates. Beating Q4 FFO and revenue estimates enhances GLPI's financial performance and investor sentiment significantly.

4

Gaming and Leisure Properties, Inc. (GLPI) released Q4 earnings snapshot highlighting key financial metrics for the quarter. Q4 earnings snapshot provides critical financial data influencing GLPI's performance and investor outlook.

4

Gaming and Leisure Properties, Inc. (GLPI) reported record fourth quarter results, established 2026 guidance, and declared a 2026 first quarter dividend of $0.78 per share. Record Q4 results, 2026 guidance, and dividend declaration signal strong financial performance and positive future outlook for GLPI.

16 Feb

4

Gaming and Leisure Properties, Inc. (GLPI) expands its Bally’s lease through a US$700 million Lincoln acquisition featuring CPI-linked rent escalations. $700 million lease expansion bolsters GLPI's property portfolio and revenue growth via CPI rent adjustments.

11 Feb

4

Gaming and Leisure Properties, Inc. (GLPI) has acquired the real estate assets of Bally’s Lincoln for $700 million. This strategic move is part of GLPI's ongoing efforts to expand its portfolio in the gaming and leisure sector, enhancing its position in the market. The acquisition of Bally’s Lincoln represents a significant strategic expansion that could enhance GLPI's market position and financial performance.

3

Bally’s Corporation has finalized its previously announced credit facility and completed the sale-leaseback of Twin River Lincoln. This strategic move is expected to enhance Bally's financial flexibility and operational efficiency as it continues to expand its gaming and entertainment portfolio. The completion of the credit facility and sale-leaseback is likely to moderately influence Bally's financial performance and operational strategy, impacting GLPI's market positioning.

21 Jan

3

Gaming and Leisure Properties, Inc. (GLPI) has announced the tax treatment for its 2025 distribution, providing clarity on how the distributions will be classified for tax purposes. This announcement is crucial for investors as it impacts their tax liabilities and investment strategies moving forward. The announcement affects investor tax strategies, which may influence market sentiment and financial performance.

10 Jan

3

Gaming and Leisure Properties, Inc. (GLPI) is being evaluated for its pricing in relation to its cash flow and earnings potential. Analysts are assessing whether the current stock price accurately reflects the company's financial health and future growth prospects, considering factors such as revenue generation and market conditions. The analysis aims to determine if GLPI's valuation is justified based on its operational performance and strategic initiatives. Current evaluations suggest a moderate influence on GLPI's financial performance and market positioning.

stockrow.com/GLPI · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com