GLPI official logo GLPI
GLPI 1-star rating from Upturn Advisory
Gaming & Leisure Properties (GLPI) company logo

Gaming & Leisure Properties (GLPI)

Gaming & Leisure Properties (GLPI) 1-star rating from Upturn Advisory
$44.52
Last Close (24-hour delay)
Profit since last BUY-0.98%
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BUY since 13 days
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Upturn Advisory Summary

01/09/2026: GLPI (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

4 star rating from financial analysts

24 Analysts rated it

Well-followed company, solid analyst reports, reliable data for confident investing.

1 Year Target Price $53.86

1 Year Target Price $53.86

Analysts Price Target For last 52 week
$53.86 Target price
52w Low $41.17
Current$44.52
52w High $48.87

Analysis of Past Performance

Type Stock
Historic Profit -16.61%
Avg. Invested days 29
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 01/09/2026

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 12.68B USD
Price to earnings Ratio 16.06
1Y Target Price 53.86
Price to earnings Ratio 16.06
1Y Target Price 53.86
Volume (30-day avg) 24
Beta 0.69
52 Weeks Range 41.17 - 48.87
Updated Date 01/9/2026
52 Weeks Range 41.17 - 48.87
Updated Date 01/9/2026
Dividends yield (FY) 6.86%
Basic EPS (TTM) 2.79

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 49.14%
Operating Margin (TTM) 84.8%

Management Effectiveness

Return on Assets (TTM) 5.63%
Return on Equity (TTM) 16.67%

Valuation

Trailing PE 16.06
Forward PE 12.36
Enterprise Value 19438131888
Price to Sales(TTM) 8.04
Enterprise Value 19438131888
Price to Sales(TTM) 8.04
Enterprise Value to Revenue 12.32
Enterprise Value to EBITDA 13.44
Shares Outstanding 283008342
Shares Floating 270558805
Shares Outstanding 283008342
Shares Floating 270558805
Percent Insiders 4.18
Percent Institutions 94.47

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Gaming & Leisure Properties

Gaming & Leisure Properties(GLPI) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Gaming & Leisure Properties, Inc. (GLPI) was formed in 2013 as a spin-off from Penn National Gaming. It is a real estate investment trust (REIT) that owns and develops gaming and leisure-focused real estate. GLPI's primary strategy is to acquire, finance, and own real estate assets that are leased to gaming operators. The company has grown through strategic acquisitions of casino properties and the formation of long-term lease agreements with established operators.

Company business area logo Core Business Areas

  • Real Estate Ownership and Leasing: GLPI's core business is acquiring, owning, and leasing casino and integrated resort properties to gaming operators. These leases are typically long-term, net leases, providing stable and predictable revenue streams.
  • Real Estate Development and Redevelopment: GLPI also engages in the development and redevelopment of its owned real estate to enhance value and attract new or expand existing gaming operations.

leadership logo Leadership and Structure

Gaming & Leisure Properties operates as a publicly traded REIT. The company is managed by a team of experienced executives, led by Peter M. Carlino, Chairman and Chief Executive Officer. Its structure is focused on managing its real estate portfolio and cultivating relationships with gaming operators.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Casino Property Leases: GLPI's primary offering is the lease of its casino properties to gaming operators. These leases are the company's main source of revenue. Market share data for individual property leases is not publicly disclosed in a comparable format. Competitors in the casino real estate sector include Vici Properties (VICI) and other REITs that own casino properties.

Market Dynamics

industry overview logo Industry Overview

The gaming and leisure real estate industry is characterized by its reliance on the performance of the underlying gaming operators and the broader economic conditions that influence consumer spending on entertainment. The industry is influenced by regulatory changes, competitive pressures among operators, and trends in the gaming market, such as the expansion of sports betting and iGaming.

Positioning

GLPI is one of the largest pure-play REITs focused on casino properties. Its competitive advantage lies in its portfolio of strategically located, high-quality gaming assets and its long-term relationships with leading gaming operators. The company's REIT structure allows it to pass through taxable income to shareholders.

Total Addressable Market (TAM)

The total addressable market for gaming and leisure real estate is substantial, encompassing all casino and integrated resort properties. While difficult to quantify precisely, it is estimated to be in the hundreds of billions of dollars globally. GLPI is well-positioned within its niche by owning and leasing a significant portion of prime casino real estate in the US, particularly through its association with major operators.

Upturn SWOT Analysis

Strengths

  • Diversified tenant base with long-term lease agreements.
  • Portfolio of high-quality, well-located gaming properties.
  • Experienced management team with deep industry knowledge.
  • REIT structure provides tax advantages and stable income distribution.
  • Strong relationships with major gaming operators.

Weaknesses

  • Dependence on the financial health of its tenants.
  • Sensitivity to changes in gaming regulations and consumer preferences.
  • Limited diversification beyond the gaming sector.
  • Potential for asset obsolescence in a rapidly evolving industry.

Opportunities

  • Expansion into new gaming markets and jurisdictions.
  • Acquisition of new gaming and entertainment properties.
  • Development of ancillary revenue streams from its properties.
  • Growth in sports betting and iGaming could drive demand for casino space.
  • Potential for strategic partnerships and joint ventures.

Threats

  • Economic downturns impacting consumer discretionary spending.
  • Increased competition from new casino developments or alternative entertainment options.
  • Changes in gaming tax laws or regulations.
  • Tenant defaults or bankruptcies.
  • Rising interest rates increasing the cost of capital.

Competitors and Market Share

Key competitor logo Key Competitors

  • Vici Properties Inc. (VICI)

Competitive Landscape

GLPI competes with other REITs that own casino properties, such as Vici Properties. Its advantages lie in its established relationships with major gaming operators and its portfolio of geographically diverse, high-performing assets. However, competition for prime acquisition targets can be intense.

Major Acquisitions

Bally's Chicago Casino Resort (partial ownership/leasehold)

  • Year: 2023
  • Acquisition Price (USD millions): 760
  • Strategic Rationale: To secure a lease agreement for a new casino development in a major metropolitan market, diversifying its portfolio and expanding its reach.

Rocky Gap Casino Resort

  • Year: 2023
  • Acquisition Price (USD millions): 203
  • Strategic Rationale: To acquire a fully integrated casino resort property in a growing market, enhancing its portfolio and revenue streams.

Growth Trajectory and Initiatives

Historical Growth: GLPI has demonstrated consistent growth in its real estate portfolio through strategic acquisitions and lease agreements. Its growth has been fueled by its ability to identify undervalued gaming properties and secure long-term lease commitments from strong operators.

Future Projections: Future growth is expected to be driven by ongoing strategic acquisitions, potential lease escalations, and opportunities in emerging gaming markets. Analyst estimates often focus on FFO per share growth and potential dividend increases.

Recent Initiatives: Recent initiatives may include the acquisition of new casino properties, the expansion of existing lease agreements, and potentially diversification into related entertainment real estate sectors.

Summary

Gaming & Leisure Properties is a strong player in the casino real estate sector, leveraging its diversified portfolio and long-term lease agreements to generate stable income. Its focus on high-quality assets and relationships with major operators provides a solid foundation. However, the company's reliance on the gaming industry's performance and its tenants' financial health presents potential risks.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company Investor Relations Filings (10-K, 10-Q)
  • Financial News Outlets (e.g., Reuters, Bloomberg)
  • Financial Data Providers (e.g., Yahoo Finance, Google Finance)

Disclaimers:

This JSON output is for informational purposes only and does not constitute financial advice. Market share data is estimated and based on available industry information. Financial figures and projections are subject to change and market volatility. Investors should conduct their own due diligence before making any investment decisions.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

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About Gaming & Leisure Properties

Exchange NASDAQ
Headquaters Wyomissing, PA, United States
IPO Launch date 2013-10-14
Chairman of the Board & CEO Mr. Peter M. Carlino
Sector Real Estate
Industry REIT - Specialty
Full time employees 19
Full time employees 19

GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.