Comparing Gaming and Leisure Properties (GLPI) and Its Peers

Gaming and Leisure Properties (NASDAQ:GLPI) is one of 35 public companies in the “Specialized REITs” industry, but how does it weigh in compared to its competitors? We will compare Gaming and Leisure Properties to similar businesses based on the strength of its risk, dividends, profitability, analyst recommendations, earnings, valuation and institutional ownership.

Analyst Recommendations

This is a breakdown of current ratings and target prices for Gaming and Leisure Properties and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Gaming and Leisure Properties	0	7	9	0	2.56
Gaming and Leisure Properties Competitors	517	2780	3665	191	2.49

Gaming and Leisure Properties presently has a consensus price target of $47.36, suggesting a potential upside of 19.88%. As a group, “Specialized REITs” companies have a potential upside of 14.66%. Given Gaming and Leisure Properties’ stronger consensus rating and higher possible upside, equities research analysts plainly believe Gaming and Leisure Properties is more favorable than its competitors.

Valuation & Earnings

This table compares Gaming and Leisure Properties and its competitors top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Gaming and Leisure Properties	$1.59 billion	$825.11 million	12.08
Gaming and Leisure Properties Competitors	$2.59 billion	$596.00 million	32.35

Gaming and Leisure Properties’ competitors have higher revenue, but lower earnings than Gaming and Leisure Properties. Gaming and Leisure Properties is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Dividends

Gaming and Leisure Properties pays an annual dividend of $3.28 per share and has a dividend yield of 8.3%. Gaming and Leisure Properties pays out 100.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Specialized REITs” companies pay a dividend yield of 3.4% and pay out 120.7% of their earnings in the form of a dividend. Gaming and Leisure Properties has increased its dividend for 2 consecutive years. Gaming and Leisure Properties is clearly a better dividend stock than its competitors, given its higher yield and lower payout ratio.

Insider & Institutional Ownership

91.1% of Gaming and Leisure Properties shares are held by institutional investors. Comparatively, 78.0% of shares of all “Specialized REITs” companies are held by institutional investors. 4.1% of Gaming and Leisure Properties shares are held by insiders. Comparatively, 7.5% of shares of all “Specialized REITs” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Profitability

This table compares Gaming and Leisure Properties and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Gaming and Leisure Properties	55.71%	18.16%	6.87%
Gaming and Leisure Properties Competitors	-5.48%	-3.46%	2.00%

Risk and Volatility

Gaming and Leisure Properties has a beta of 0.64, meaning that its stock price is 36% less volatile than the S&P 500. Comparatively, Gaming and Leisure Properties’ competitors have a beta of 0.92, meaning that their average stock price is 8% less volatile than the S&P 500.

Summary

Gaming and Leisure Properties beats its competitors on 10 of the 15 factors compared.

About Gaming and Leisure Properties

Gaming & Leisure Properties, Inc. engages in the provision of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company was founded on February 13, 2013 and is headquartered in Wyomissing, PA.