GLPI Stock Analysis: Gaming & Leisure Properties | NASDAQ
REIT - Specialty | NASDAQ, USA | Market Cap: 13.165m USD | 12M Return: 5.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 112M
EPS Trend: 29.9%
Qual. Beats: 0
Rev. Trend: 99.1%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Gaming and Leisure Properties, Inc. (GLPI) is a U.S.-based real estate company that acquires, finances, and owns properties leased to gaming operators under triple-net lease arrangements. Under these leases, tenants are responsible for facility maintenance, insurance, property taxes, utilities, and other services related to both the properties and the operations conducted on them. The company was established on February 13, 2013, is incorporated in Pennsylvania, and is headquartered in Wyomissing, United States.
GLPI operates as a specialized real estate investment trust (REIT) focused on gaming and leisure properties, a niche within the broader REIT sector. Triple-net leases are a common structure among REITs, as they shift most property-level operating costs and obligations to tenants, providing the landlord with a more predictable, rental-based revenue stream.
- Penn Entertainment rent payments dominate GLPI revenue base
- Regional gaming demand recovery supports tenant operating performance
- Rising interest rates pressure REIT valuations and cost of capital
- Acquisition pipeline of casino real estate expands portfolio scale
| Net Income: 891.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -7.03 > 1.0 |
| NWC/Revenue: 15.87% < 20% (prev 151.1%; Δ -135.2% < -1%) |
| CFO/TA 0.08 > 3% & CFO 1.15b > Net Income 891.8m |
| Net Debt (8.41b) to EBITDA (1.67b): 5.03 < 3 |
| Current Ratio: 15.62 > 1.5 & < 3 |
| Outstanding Shares: last quarter (279.9m) vs 12m ago 2.33% < -2% |
| Gross Margin: 54.38% > 18% (prev 96.81%; Δ -42.43% > 0.5%) |
| Asset Turnover: 12.51% > 50% (prev 12.78%; Δ -0.28% > 0%) |
| Interest Coverage Ratio: 2.97 > 6 (EBIT TTM 1.39b / Interest Expense TTM 467.1m) |
| A: 0.02 (Total Current Assets 274.5m - Total Current Liabilities 17.6m) / Total Assets 13.8b |
| B: -0.14 (Retained Earnings -1.98b / Total Assets 13.8b) |
| C: 0.11 (EBIT TTM 1.39b / Avg Total Assets 12.9b) |
| D: 0.53 (Book Value of Equity 4.63b / Total Liabilities 8.73b) |
| Altman-Z'' = 0.93 = BB |
| DSRI: 0.99 (Receivables 2.56b/2.47b, Revenue 1.62b/1.55b) |
| GMI: 1.78 (GM 96.81% / 54.38%) |
| AQI: 1.26 (AQ_t 0.96 / AQ_t-1 0.76) |
| SGI: 1.04 (Revenue 1.62b / 1.55b) |
| TATA: -0.02 (NI 891.8m - CFO 1.15b) / TA 13.8b) |
| Beneish M = -2.14 (Cap -4..+1) = BB |
As of July 29, 2026, the stock is trading at USD 45.04 with a total of 1,561,166 shares traded. Over the past week, the price has changed by +0.85%, over one month by -1.90%, over three months by -3.06% and over the past year by +5.46%.
Current recommended Stop Loss: 43.40 (which is 3.6% or 1.9 ATR below the current price).
Gaming & Leisure Properties has received a consensus analysts rating of 4.04. Therefore, it is recommended to buy GLPI.
- StrongBuy: 11
- Buy: 4
- Hold: 8
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 54.1 | 20.2% |
P/E Trailing = 14.2492
P/E Forward = 13.6426
P/S = 8.1288
P/B = 2.7602
P/EG = 8.08
Revenue TTM = 1.62b USD
EBIT TTM = 1.39b USD
EBITDA TTM = 1.67b USD
Long Term Debt = 8.08b USD (from longTermDebt, last quarter)
Short Term Debt = 17.6m USD (from shortTermDebt, last quarter)
Debt = 8.68b USD (from shortLongTermDebtTotal, last quarter) + Leases 303.1m
Net Debt = 8.41b USD (calculated: Debt 8.68b - CCE 274.5m)
Enterprise Value = 21.6b USD (13.2b + Debt 8.68b - CCE 274.5m)
Interest Coverage Ratio = 2.97 (Ebit TTM 1.39b / Interest Expense TTM 467.1m)
EV/FCF = 102.0x (Enterprise Value 21.6b / FCF TTM 211.5m)
FCF Yield = 0.98% (FCF TTM 211.5m / Enterprise Value 21.6b)
FCF Margin = 13.06% (FCF TTM 211.5m / Revenue TTM 1.62b)
Net Margin = 55.06% (Net Income TTM 891.8m / Revenue TTM 1.62b)
Gross Margin = 54.38% ((Revenue TTM 1.62b - Cost of Revenue TTM 738.8m) / Revenue TTM)
Gross Margin QoQ = 64.73% (prev -38.30%)
Tobins Q-Ratio = 1.57 (Enterprise Value 21.6b / Total Assets 13.8b)
Interest Expense / Debt = 5.38% (Interest Expense 467.1m / Debt 8.68b)
Taxrate = 0.24% (2.23m / 921.6m)
NOPAT = 1.39b (EBIT 1.39b * (1 - 0.24%))
Current Ratio = 11.24 (Total Current Assets 274.5m / Total Current Liabilities 24.4m)
Debt / Equity = 1.87 (Debt 8.68b / totalStockholderEquity, last quarter 4.63b)
Debt / EBITDA = 5.03 (Net Debt 8.41b / EBITDA 1.67b)
Debt / FCF = 39.75 (Net Debt 8.41b / FCF TTM 211.5m)
Total Stockholder Equity = 4.60b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.89% (Net Income 891.8m / Total Assets 13.8b)
RoE = 19.39% (Net Income TTM 891.8m / Total Stockholder Equity 4.60b)
RoCE = 10.96% (EBIT 1.39b / Capital Employed (Equity 4.60b + L.T.Debt 8.08b))
RoIC = 10.12% (NOPAT 1.39b / Invested Capital 13.7b)
WACC = 5.69% (E(13.2b)/V(21.8b) * Re(5.90%) + D(8.68b)/V(21.8b) * Rd(5.38%) * (1-Tc(0.00)))
Discount Rate = 5.90% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 89.42 | Cagr: 1.67%
[DCF] Terminal Value 73.10% ; FCFF base≈542.4m ; Y1≈475.7m ; Y5≈384.3m
[DCF] Fair Price = N/A (negative equity: EV 6.17b - Net Debt 8.41b = -2.24b; debt exceeds intrinsic value)
EPS Correlation: 29.87 | EPS CAGR: 1.58% | SUE: 0.13 | # QB: 0
Revenue Correlation: 99.12 | Revenue CAGR: 5.74% | SUE: 0.74 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.80 | Chg30d=+0.25% | Revisions=+25% | Analysts=5
EPS next Quarter (2026-09-30): EPS=0.81 | Chg30d=+0.49% | Revisions=+0% | Analysts=5
EPS current Year (2026-12-31): EPS=3.22 | Chg30d=+0.80% | Revisions=+25% | GrowthEPS=+0.0% | GrowthRev=+8.3%
EPS next Year (2027-12-31): EPS=3.33 | Chg30d=+0.12% | Revisions=+40% | GrowthEPS=+3.4% | GrowthRev=+6.1%
[Analyst] Revisions Ratio: +57% (up=4, down=0)