Gaming and Leisure Properties, Inc. (GLPI)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Gaming and Leisure Properties, Inc. (GLPI) trades at $44.35 with AI Score 39/100 (Grade D). Gaming and Leisure Properties, Inc. Market cap: $12.56B, Sector: Real estate.
Price live · AI analysis from May 10, 2026GLPI stock analysis for 2026: Analysts have set a consensus price target of $53.82 for Gaming and Leisure Properties, Inc., suggesting 21.3% upside from the current price of $44.35. The AI MoonshotScore is 39/100, indicating a bearish outlook. Key factors: analyst coverage, AI-driven quantitative scoring.
GLPI: 4/7 perspectives are bullish. Dominant signal: Seth Klarman bullish.
How is this calculated? →Gaming and Leisure Properties, Inc. (GLPI) Real Estate Portfolio & Strategy
Gaming and Leisure Properties, Inc. (GLPI) is a REIT focused on gaming-related properties, operating under long-term triple-net lease agreements. This strategy provides stable cash flow and positions GLPI as a key player in the niche market of gaming real estate, differentiating it from broader commercial REITs.
What Is the Investment Thesis for GLPI?
Gaming and Leisure Properties, Inc. presents a compelling investment thesis based on its specialized focus within the REIT sector. The company's triple-net lease structure provides a stable and predictable revenue stream, supported by long-term agreements with established gaming operators. With a dividend yield of 6.47%, GLPI offers attractive income potential for investors seeking consistent returns. The company's strategic acquisitions and portfolio diversification mitigate risk, while the growth of the gaming industry provides a favorable backdrop for future expansion. GLPI's P/E ratio of 15.2 suggests a reasonable valuation relative to its earnings. Key catalysts include the ongoing expansion of legalized gaming across the US and the potential for further acquisitions of gaming properties. However, investors may want to evaluate the potential risks associated with regulatory changes and economic downturns impacting the gaming industry.
Based on FMP financials and quantitative analysis
GLPI Key Highlights
- Market capitalization of $12.56B, indicating a substantial presence in the REIT sector.
- Profit margin of 55.1%, demonstrating strong profitability in its core operations.
- Gross margin of 54.4%, reflecting efficient management of property-related expenses.
- Dividend yield of 6.47%, offering an attractive income stream for investors.
- Beta of 0.71, suggesting lower volatility compared to the overall market.
Who Are GLPI's Competitors?
GLPI is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| NLY Annaly Capital Management, Inc. | $22.71 | -1.20% | $16.65B | 39 |
| HST Host Hotels & Resorts, Inc. | $23.39 | +0.62% | $16.02B | 96 |
| REG Regency Centers Corporation | $81.06 | +1.53% | $14.84B | 78 |
| OHI Omega Healthcare Investors, Inc. | $49.62 | +1.22% | 15B | 90 |
| LAMR Lamar Advertising Company | $160.59 | +1.64% | $16.30B | 83 |
| SBAC SBA Communications Corporation | $184.18 | +2.00% | $19.53B | 56 |
| OUT Outfront Media Inc. | $33.13 | +1.92% | $5.83B | 56 |
| AMT American Tower Corporation (REI | $165.83 | +2.29% | $77.26B | 54 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are GLPI's Key Strengths?
- Stable revenue stream from triple-net leases.
- Specialized expertise in gaming real estate.
- Strong relationships with gaming operators.
- High profit margin of 55.1%.
What Are GLPI's Weaknesses?
- Concentration in the gaming industry makes it vulnerable to industry-specific risks.
- Reliance on a limited number of tenants.
- Potential for regulatory changes to impact gaming operations.
- Limited diversification outside of gaming properties.
What Could Drive GLPI Stock Higher?
- Potential acquisitions of new gaming properties to expand the portfolio.
- Increasing legalization of gaming in new jurisdictions, creating new market opportunities.
- Continued growth in the gaming industry, driving demand for gaming properties.
- Strategic partnerships with gaming operators to develop new facilities.
What Are the Key Risks for GLPI?
- Financial-distress signal — its Altman Z-Score of 1.12 sits in the distress zone (elevated bankruptcy risk).
- Economic downturns can negatively impact the gaming industry and reduce demand for gaming properties.
- Changes in gaming regulations can impact the profitability of gaming operators and the value of gaming properties.
- Competition from other REITs and real estate investors for gaming property acquisitions.
- Tenant bankruptcies can disrupt revenue streams and reduce occupancy rates.
What Are the Growth Opportunities for GLPI?
- Expansion through Acquisitions: GLPI can grow by acquiring additional gaming properties. The market for gaming properties is substantial, with new casinos and gaming facilities being developed regularly. GLPI's strong financial position allows it to pursue strategic acquisitions that can increase its revenue and diversify its portfolio. The timeline for acquisitions can vary, but GLPI has a track record of successfully integrating new properties into its portfolio. This strategy allows GLPI to capitalize on the growth of the gaming industry and increase its market share.
- Development of New Gaming Facilities: GLPI can participate in the development of new gaming facilities. This involves partnering with gaming operators to develop new casinos, racetracks, and related entertainment venues. The development of new facilities can be a longer-term growth strategy, but it can also provide GLPI with higher returns. The market for new gaming facilities is driven by the increasing demand for gaming and entertainment, particularly in regions where gaming is newly legalized. GLPI's expertise in gaming real estate makes it a valuable partner for gaming operators.
- Diversification of Tenant Base: While GLPI focuses on gaming operators, diversifying its tenant base can reduce risk. This could involve leasing properties to operators of related entertainment venues, such as restaurants, hotels, and retail stores. Diversifying the tenant base can provide GLPI with a more stable income stream and reduce its reliance on any single tenant. The timeline for diversification can vary, but GLPI can gradually diversify its tenant base over time. This strategy can make GLPI more resilient to economic downturns and changes in the gaming industry.
- Capitalizing on the Growth of Online Gaming: As online gaming becomes more prevalent, GLPI can explore opportunities to invest in properties that support online gaming operations. This could involve acquiring data centers or other facilities that are essential for online gaming. The market for online gaming is growing rapidly, and GLPI can capitalize on this trend by providing the real estate infrastructure that supports online gaming operations. The timeline for this growth opportunity is ongoing, as online gaming continues to expand.
- Strategic Partnerships with Gaming Operators: GLPI can strengthen its relationships with existing gaming operators and form new partnerships with other operators. This can involve providing financing for gaming operators, developing new facilities in partnership with operators, or acquiring properties from operators. Strategic partnerships can provide GLPI with access to new markets and opportunities. The timeline for strategic partnerships is ongoing, as GLPI continuously seeks to strengthen its relationships with gaming operators. These partnerships can provide GLPI with a competitive advantage and drive long-term growth.
What Opportunities Does GLPI Have?
- Expansion through acquisitions of new gaming properties.
- Development of new gaming facilities.
- Diversification of tenant base.
- Capitalizing on the growth of online gaming.
What Threats Does GLPI Face?
- Economic downturns can negatively impact the gaming industry.
- Increased competition from other REITs and real estate investors.
- Changes in gaming regulations.
- Potential for tenant bankruptcies.
What Are GLPI's Competitive Advantages?
- Specialized focus on gaming properties creates a niche market.
- Long-term triple-net lease agreements provide stable cash flow.
- Established relationships with leading gaming operators.
- Scale and expertise in gaming real estate.
What Does GLPI Do?
Gaming and Leisure Properties, Inc. (GLPI) was founded on February 13, 2013, and is headquartered in Wyomissing, Pennsylvania. The company operates as a real estate investment trust (REIT) that specializes in acquiring, financing, and owning real estate properties. These properties are then leased to gaming operators, primarily through triple-net lease arrangements. This means the tenants are responsible for property taxes, insurance, and maintenance, providing GLPI with a relatively stable and predictable income stream. GLPI's portfolio includes a diverse range of gaming facilities across the United States. These facilities include casinos, racetracks, and related entertainment venues. By focusing specifically on the gaming industry, GLPI has carved out a niche within the broader REIT market. GLPI's strategy involves partnering with established gaming operators, which allows it to benefit from their operational expertise and brand recognition. The company continues to expand its portfolio through strategic acquisitions and developments, solidifying its position as a leading gaming-focused REIT.
What Products and Services Does GLPI Offer?
- Acquires real estate properties.
- Finances real estate properties.
- Owns real estate properties.
- Leases properties to gaming operators.
- Operates under triple-net lease arrangements.
- Focuses on gaming-related properties such as casinos and racetracks.
- Partners with established gaming operators.
How Does GLPI Make Money?
- Acquires gaming properties and leases them to operators.
- Generates revenue through long-term triple-net lease agreements.
- Tenants are responsible for property taxes, insurance, and maintenance.
- Focuses on stable and predictable income streams.
What Industry Does GLPI Operate In?
Gaming and Leisure Properties, Inc. operates within the REIT - Specialty industry, which is part of the broader real estate sector. The REIT industry is characterized by companies that own and manage income-producing real estate. GLPI's specialization in gaming properties differentiates it from other REITs that focus on residential, commercial, or industrial properties. The gaming industry is experiencing growth due to the increasing legalization of gaming and the rising popularity of online gaming. GLPI competes with other REITs and real estate investors for gaming property acquisitions. Key competitors include companies like Host Hotels & Resorts, Inc. (HST) and Omega Healthcare Investors, Inc. (OHI), although they operate in different segments of the REIT market.
Who Are GLPI's Key Customers?
- Gaming operators (casinos, racetracks).
- Entertainment venue operators.
- Hospitality companies.
Company Profile
Gaming and Leisure Properties, Inc. operates in the REIT - Specialty industry within the Real Estate sector. It is headquartered in Wyomissing, US. The company is led by CEO Peter Carlino. GLPI has traded publicly since 2013.
How Gaming and Leisure Properties, Inc. Is Valued
Gaming and Leisure Properties, Inc. carries a market capitalization of $12.56B, placing it in the large-cap category. Relative to its peer group, GLPI's quantitative score of 39/100 is below the peer average of 77/100.
ROE 19%Key Financial Metrics
Return on equity for Gaming and Leisure Properties, Inc. stands at 19.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 6.5%, showing how much profit it generates from its asset base. GLPI trades at a trailing price-to-earnings ratio of 15.18, below the Real Estate sector average of ~20x. Its free cash flow yield is 5.4%, a gauge of the cash the business throws off relative to its market value. A current ratio of 15.62 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 6.6%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 6/9Financial Health
Gaming and Leisure Properties, Inc.'s Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 1.12 places it in the distress zone, a signal of elevated financial risk.
FY2026 estForward Outlook
Wall Street analysts project Gaming and Leisure Properties, Inc. revenue of about $1.72B for fiscal 2026, with EPS near $3.22. The estimate reflects 13 contributing analysts.
GLPI Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Stable revenue stream from triple-net leases.
- Specialized expertise in gaming real estate.
- Strong relationships with gaming operators.
- High profit margin of 55.1%.
Bear Case
- Concentration in the gaming industry makes it vulnerable to industry-specific risks.
- Reliance on a limited number of tenants.
- Potential for regulatory changes to impact gaming operations.
- Limited diversification outside of gaming properties.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
GLPI Latest News
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GLPI: Raising target price to $53.00
Argus Research · May 27, 2026
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Wall Street's Most Accurate Analysts Give Their Take On 3 Real Estate Stocks With Over 6% Dividend Yields
benzinga · May 26, 2026
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Does GLPI’s Higher Quarterly Dividend Signal Durable Income Strength or Reduced Reinvestment Ambition?
Yahoo! Finance: GLPI News · May 22, 2026
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Gaming And Leisure Properties Raises Quarterly Dividend From $0.78 To $0.82/Share
benzinga · May 20, 2026
GLPI Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for GLPI.
Price Targets
Consensus target: $53.82
GLPI MoonshotScore
What does this score mean?
The MoonshotScore rates GLPI's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Latest News
GLPI: Raising target price to $53.00
Wall Street's Most Accurate Analysts Give Their Take On 3 Real Estate Stocks With Over 6% Dividend Yields
Does GLPI’s Higher Quarterly Dividend Signal Durable Income Strength or Reduced Reinvestment Ambition?
Gaming And Leisure Properties Raises Quarterly Dividend From $0.78 To $0.82/Share
Leadership: Peter Carlino
CEO
Peter Carlino has extensive experience in the gaming and real estate industries. He has been involved in the development and management of gaming properties for many years. His background includes a deep understanding of the regulatory environment and the operational aspects of gaming facilities. He has a proven track record of creating value for shareholders through strategic acquisitions and developments. Carlino's leadership has been instrumental in establishing GLPI as a leading gaming-focused REIT.
Track Record: Under Peter Carlino's leadership, GLPI has grown significantly through strategic acquisitions and developments. He has overseen the expansion of the company's portfolio and the strengthening of its relationships with gaming operators. His strategic decisions have contributed to GLPI's strong financial performance and its position as a leading gaming REIT.
Common Questions About GLPI (Real Estate)
What does Gaming and Leisure Properties, Inc. do?
Gaming and Leisure Properties, Inc. (GLPI) is a real estate investment trust (REIT) that specializes in acquiring, financing, and owning real estate properties leased to gaming operators. The company operates under triple-net lease agreements, where the tenants are responsible for property taxes, insurance, and maintenance. This structure provides GLPI with a stable and predictable income stream, making it a key player in the gaming real estate market. GLPI's portfolio includes a diverse range of gaming facilities across the United States.
What do analysts say about GLPI stock?
Analysts generally view Gaming and Leisure Properties, Inc. (GLPI) as a stable income-generating investment due to its REIT structure and long-term lease agreements. Key valuation metrics include its dividend yield of 6.47% and P/E ratio of 15.2. Growth considerations include the company's ability to acquire new properties and expand its portfolio. However, analysts also note the potential risks associated with the gaming industry, such as regulatory changes and economic downturns. The consensus is that GLPI offers a solid income stream with moderate growth potential.
What are the main risks for GLPI?
The main risks for Gaming and Leisure Properties, Inc. (GLPI) include its concentration in the gaming industry, which makes it vulnerable to industry-specific risks such as regulatory changes and economic downturns affecting gaming revenue. GLPI's reliance on a limited number of tenants also poses a risk, as tenant bankruptcies could disrupt revenue streams. Additionally, increased competition from other REITs and real estate investors for gaming property acquisitions could impact GLPI's growth prospects. These factors contribute to the medium risk assessment for GLPI.
How does Gaming and Leisure Properties, Inc. compare to competitors in its industry?
Gaming and Leisure Properties, Inc. (GLPI) differentiates itself from competitors like Annaly Capital Management, Inc. (NLY) and Host Hotels & Resorts, Inc. (HST) through its specialized focus on gaming properties. While NLY operates as a broader REIT with diverse property types and HST focuses on hotel properties, GLPI concentrates specifically on casinos, racetracks, and related entertainment venues. This niche focus allows GLPI to develop expertise in the gaming industry and establish strong relationships with gaming operators, providing a competitive advantage.
What are the key financial metrics investors watch for GLPI?
Investors closely monitor several key financial metrics for Gaming and Leisure Properties, Inc. (GLPI). These include the dividend yield, which at 6.47% indicates the income potential for investors. The P/E ratio of 15.2 provides insight into the company's valuation relative to its earnings. Profit margin of 55.1% and gross margin of 54.4% reflect the company's profitability and efficiency in managing property-related expenses. Additionally, investors track the company's revenue growth and occupancy rates to assess its overall financial health and stability.
What are the key factors to evaluate for GLPI?
Gaming and Leisure Properties, Inc. (GLPI) holds an AI score of 39/100 (low). P/E: 15.2x vs the S&P 500's ~20-25x. Analysts target $53.82 (+21%). Not financial advice.
How frequently does GLPI data refresh on this page?
GLPI prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven GLPI's recent stock price performance?
Gaming and Leisure Properties, Inc. (GLPI) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Stable revenue stream from triple-net leases. See the News tab for the latest drivers. Past performance does not predict future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data as of 2026-05-10 and may be subject to change.