Gaming & Leisure Properties/$GLPI
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Gaming & Leisure Properties
Gaming and Leisure Properties Inc, or GLP, is a self-administered and self-managed Pennsylvania real estate investment trust (REIT). It is engaged in acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company also extends loans that produce fixed or variable returns, which may convert into leased rent upon project completion or stabilization. Its portfolio consists of gaming and related facilities and amenities such as Ameristar Black Hawk, Bally's Casino, Argosy Casino Alton, Bally's Chicago, Hollywood Casino Aurora, and others located across different states in the United States.
- Ticker
- $GLPI
- Sector
- Real Estate
- Primary listing
- NASDAQ
- Employees
- 20
- Headquarters
- Wyomissing, United States
- Website
- www.glpropinc.com
GLPI Metrics
BasicAdvanced
$11B
12.01
$3.27
0.68
$3.20
8.35%
Price and volume
Market cap
$11B
Beta
0.68
52-week high
$49.95
52-week low
$37.33
Average daily volume
2.6M
Dividend rate
$3.20
Financial strength
Current ratio
34.386
Quick ratio
31.074
Long term debt to equity
1.565
Total debt to equity
1.566
Dividend payout ratio (TTM)
98.31%
Interest coverage (TTM)
3.44%
Profitability
EBITDA (TTM)
1,615.617
Gross margin (TTM)
97.75%
Net profit margin (TTM)
55.24%
Operating margin (TTM)
78.76%
Effective tax rate (TTM)
0.23%
Revenue per employee (TTM)
$84,650,000
Management effectiveness
Return on assets (TTM)
6.20%
Return on equity (TTM)
18.69%
Valuation
Price to earnings (TTM)
12.008
Price to revenue (TTM)
6.628
Price to book
2.31
Price to tangible book (TTM)
2.31
Price to free cash flow (TTM)
9.029
Free cash flow yield (TTM)
11.07%
Free cash flow per share (TTM)
4.349
Dividend yield (TTM)
8.15%
Forward dividend yield
8.35%
Growth
Revenue change (TTM)
7.33%
Earnings per share change (TTM)
17.34%
3-year revenue growth (CAGR)
6.34%
10-year revenue growth (CAGR)
8.95%
3-year earnings per share growth (CAGR)
6.23%
10-year earnings per share growth (CAGR)
8.65%
3-year dividend per share growth (CAGR)
3.63%
10-year dividend per share growth (CAGR)
3.52%
What the Analysts think about GLPI
Analyst ratings (Buy, Hold, Sell) for Gaming & Leisure Properties stock.
Analyst projections of the future price of Gaming & Leisure Properties stock.
Bulls say / Bears say
Second-quarter revenue rose 9% year on year and AFFO increased 10.1% to $304 million. GLPI raised the midpoint of its 2026 AFFO-per-share guidance to $4.11. (Gaming & Leisure Properties)
GLPI’s acquisitions and development projects offer a visible route to further growth: the company expects 2026 development spending of $750 million to $800 million and says its pipeline should support AFFO-per-share growth through 2027 and 2028. The $700 million Bally’s Lincoln acquisition carries an 8% initial yield and was described as immediately accretive. (Gaming & Leisure Properties)
Leverage was 4.8 times at the end of June, below GLPI’s 5.0–5.5 times target range, and the company says its existing funding capacity can cover its announced pipeline without further equity. It also raised its quarterly dividend by 5.1% to $0.82 per share. (Gaming & Leisure Properties, Gaming & Leisure Properties)
Bally’s credit is a key tenant risk: Fitch affirmed its B- rating with a negative outlook, citing high leverage, projected cash-flow deficits above $200 million in both 2026 and 2027, and uncertainty over development funding. Difficulty raising capital could weaken a major source of GLPI rent. (Fitch Ratings, Gambling Insider)
A substantial Bally’s Chicago commitment creates construction and timing risk: GLPI had committed up to $940 million and funded $475.7 million by June, while rental income on the project funding is deferred until the development is substantially complete and ready for use. Delays could therefore keep capital tied up and postpone associated rental income. (U.S. Securities and Exchange Commission)
GLPI’s debt burden is growing: net long-term debt rose to about $8.1 billion from $7.2 billion at year-end 2025, and first-half interest expense increased to $196.6 million from $187.2 million a year earlier. Higher borrowing costs could absorb more of the cash flow generated by acquisitions and development. (U.S. Securities and Exchange Commission)
Data summarised monthly by Lightyear AI. Last updated on 22 Oct 2026.
GLPI Financial Performance
Revenues and expenses
GLPI Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing GLPI
AllUSDEURGBP
Fund name | Fund size | $GLPI weighting |
|---|---|---|
iShares Developed Markets Property Yield$IDWP | $921M | 0.63% |
iShares Developed Markets Property Yield£IWDP | $1.2B | 0.63% |
SPDR S&P 400 US Mid Cap$SPY4 | $5.9B | 0.33% |
SPDR S&P 400 US Mid Cap£SPX4 | $5.9B | 0.33% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | $2.7B | 0.15% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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