Gaming and Leisure Properties (NASDAQ:GLPI) Issues FY 2026 Earnings Guidance

Gaming and Leisure Properties (NASDAQ:GLPI) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 4.100-4.120 for the period, compared to the consensus earnings per share estimate of 4.010. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on GLPI. Barclays lowered their price target on shares of Gaming and Leisure Properties from $53.00 to $50.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. Stifel Nicolaus set a $50.00 price target on Gaming and Leisure Properties in a research report on Friday, April 24th. Morgan Stanley raised their price objective on Gaming and Leisure Properties from $53.00 to $55.00 and gave the company an “equal weight” rating in a research report on Monday, July 6th. Wells Fargo & Company lowered their price objective on Gaming and Leisure Properties from $48.00 to $45.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 15th. Finally, JPMorgan Chase & Co. dropped their target price on Gaming and Leisure Properties from $53.00 to $51.00 and set an “overweight” rating on the stock in a report on Tuesday, June 30th. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $50.50.

Gaming and Leisure Properties Stock Performance

Gaming and Leisure Properties stock traded down $1.30 during midday trading on Thursday, hitting $44.71. The stock had a trading volume of 2,977,655 shares, compared to its average volume of 2,412,160. The firm’s fifty day moving average is $45.51 and its two-hundred day moving average is $46.27. The company has a market capitalization of $12.67 billion, a PE ratio of 14.19, a P/E/G ratio of 2.03 and a beta of 0.66. Gaming and Leisure Properties has a 52-week low of $41.17 and a 52-week high of $49.95. The company has a current ratio of 6.29, a quick ratio of 6.29 and a debt-to-equity ratio of 1.62.

Gaming and Leisure Properties (NASDAQ:GLPI) last issued its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.23. The business had revenue of $430.52 million for the quarter, compared to the consensus estimate of $428.51 million. Gaming and Leisure Properties had a net margin of 55.56% and a return on equity of 18.06%. The company’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.96 earnings per share. Gaming and Leisure Properties has set its FY 2026 guidance at 4.100-4.120 EPS. On average, research analysts forecast that Gaming and Leisure Properties will post 4.01 EPS for the current year.

Gaming and Leisure Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 12th were given a dividend of $0.82 per share. The ex-dividend date was Friday, June 12th. This is an increase from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. This represents a $3.28 annualized dividend and a dividend yield of 7.3%. Gaming and Leisure Properties’s dividend payout ratio (DPR) is 104.13%.

Insider Buying and Selling at Gaming and Leisure Properties

In related news, Director E Scott Urdang sold 3,000 shares of the firm’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $48.32, for a total transaction of $144,960.00. Following the completion of the transaction, the director directly owned 127,429 shares of the company’s stock, valued at approximately $6,157,369.28. This trade represents a 2.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 4.11% of the company’s stock.

Institutional Trading of Gaming and Leisure Properties

A number of large investors have recently added to or reduced their stakes in GLPI. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Gaming and Leisure Properties by 711.8% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,369,851 shares of the real estate investment trust’s stock worth $110,459,000 after acquiring an additional 2,077,937 shares during the last quarter. Bank of America Corp DE increased its position in shares of Gaming and Leisure Properties by 175.7% during the third quarter. Bank of America Corp DE now owns 2,364,746 shares of the real estate investment trust’s stock worth $110,221,000 after acquiring an additional 1,507,006 shares during the period. AQR Capital Management LLC raised its stake in shares of Gaming and Leisure Properties by 229.2% during the fourth quarter. AQR Capital Management LLC now owns 1,981,347 shares of the real estate investment trust’s stock valued at $88,546,000 after acquiring an additional 1,379,425 shares in the last quarter. Deutsche Bank AG raised its stake in shares of Gaming and Leisure Properties by 211.5% during the fourth quarter. Deutsche Bank AG now owns 1,640,463 shares of the real estate investment trust’s stock valued at $73,312,000 after acquiring an additional 1,113,889 shares in the last quarter. Finally, Long Pond Capital LP bought a new position in Gaming and Leisure Properties in the fourth quarter worth approximately $44,413,000. Institutional investors own 91.14% of the company’s stock.

About Gaming and Leisure Properties

Gaming and Leisure Properties, Inc (NASDAQ: GLPI) is a real estate investment trust (REIT) specializing in the ownership and management of gaming and entertainment properties. Established in 2013 as a spin-off from Penn National Gaming, the company was designed to acquire and hold real estate assets associated with casinos, racetracks and other gaming facilities, while leasing those assets back to operating partners under long-term, triple-net lease agreements.

The company’s core activities involve identifying attractive gaming real estate, structuring lease agreements that align tenant incentives with property performance, and actively managing its portfolio to enhance asset value.