Gaming and Leisure Properties (NASDAQ:GLPI – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 4.080-4.120 for the period, compared to the consensus estimate of 3.980. The company issued revenue guidance of -.
Gaming and Leisure Properties Stock Performance
Shares of NASDAQ:GLPI traded up $0.52 on Thursday, reaching $46.64. 2,130,497 shares of the company’s stock were exchanged, compared to its average volume of 2,357,378. Gaming and Leisure Properties has a twelve month low of $41.17 and a twelve month high of $49.95. The company has a fifty day moving average of $46.95 and a 200-day moving average of $45.39. The company has a market capitalization of $13.21 billion, a price-to-earnings ratio of 16.03, a PEG ratio of 2.09 and a beta of 0.68. The company has a current ratio of 3.84, a quick ratio of 3.84 and a debt-to-equity ratio of 1.45.
Gaming and Leisure Properties (NASDAQ:GLPI – Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.06. Gaming and Leisure Properties had a return on equity of 17.10% and a net margin of 52.24%.The business had revenue of $419.99 million during the quarter, compared to the consensus estimate of $417.15 million. Gaming and Leisure Properties has set its FY 2026 guidance at 4.080-4.120 EPS. On average, research analysts predict that Gaming and Leisure Properties will post 3.98 EPS for the current fiscal year.
Gaming and Leisure Properties Announces Dividend
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on GLPI. Scotiabank raised their price target on shares of Gaming and Leisure Properties from $48.00 to $50.00 and gave the company a “sector perform” rating in a research note on Tuesday, March 10th. UBS Group reissued a “buy” rating on shares of Gaming and Leisure Properties in a research note on Thursday, January 8th. Mizuho raised their target price on shares of Gaming and Leisure Properties from $50.00 to $53.00 and gave the company an “outperform” rating in a research report on Wednesday, March 11th. Royal Bank Of Canada boosted their target price on shares of Gaming and Leisure Properties from $53.00 to $54.00 and gave the stock an “outperform” rating in a research note on Monday, February 23rd. Finally, Stifel Nicolaus set a $48.50 price target on shares of Gaming and Leisure Properties in a report on Thursday, February 12th. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $52.41.
Read Our Latest Research Report on GLPI
Insider Activity
In other Gaming and Leisure Properties news, COO Brandon John Moore sold 16,884 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $48.05, for a total value of $811,276.20. Following the completion of the transaction, the chief operating officer directly owned 257,874 shares in the company, valued at approximately $12,390,845.70. This represents a 6.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director E Scott Urdang sold 4,000 shares of the firm’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $47.37, for a total transaction of $189,480.00. Following the transaction, the director directly owned 130,429 shares of the company’s stock, valued at $6,178,421.73. The trade was a 2.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 32,178 shares of company stock valued at $1,552,938 over the last quarter. 4.26% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Gaming and Leisure Properties by 711.8% in 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 valued at $110,459,000 after buying an additional 2,077,937 shares during the period. Bank of America Corp DE raised its holdings in Gaming and Leisure Properties by 175.7% during the 3rd 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 purchasing an additional 1,507,006 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of Gaming and Leisure Properties by 229.2% in the 4th 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 purchasing an additional 1,379,425 shares during the last quarter. Deutsche Bank AG increased its position 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 worth $73,312,000 after buying an additional 1,113,889 shares during the period. Finally, Long Pond Capital LP acquired a new stake in shares of Gaming and Leisure Properties during the fourth quarter worth $44,413,000. 91.14% of the stock is owned by institutional investors and hedge funds.
Gaming and Leisure Properties Company Profile
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.
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