(GLPI) Gaming & Leisure Properties - Overview

Sector: Real Estate | Industry: REIT - Specialty | Exchange: NASDAQ (USA) | Market Cap: 13.269m USD | Total Return: 2.5% in 12m

Real Estate, Leased Properties, Gaming Operators
Total Rating 42
Safety 45
Buy Signal 0.40
REIT - Specialty
Industry Rotation: -8.5
Market Cap: 13.3B
Avg Turnover: 93.0M USD
ATR: 1.78%
Peers RS (IBD): 20.8
Risk 5d forecast
Volatility16.9%
Rel. Tail Risk1.11%
Reward TTM
Sharpe Ratio0.03
Alpha-4.03
Character TTM
Beta0.165
Beta Downside0.231
Drawdowns 3y
Max DD14.90%
CAGR/Max DD0.21
EPS (Earnings per Share) EPS (Earnings per Share) of GLPI over the last years for every Quarter: "2021-03": 0.54, "2021-06": 0.59, "2021-09": 0.63, "2021-12": 0.5, "2022-03": 0.48, "2022-06": 0.62, "2022-09": 0.65, "2022-12": 0.75, "2023-03": 0.7, "2023-06": 0.59, "2023-09": 0.7, "2023-12": 0.78, "2024-03": 0.64, "2024-06": 0.77, "2024-09": 0.67, "2024-12": 0.79, "2025-03": 0.5817, "2025-06": 0.54, "2025-09": 0.85, "2025-12": 0.94,
EPS CAGR: 19.63%
EPS Trend: 45.9%
Last SUE: 1.75
Qual. Beats: 2
Revenue Revenue of GLPI over the last years for every Quarter: 2021-03: 301.543, 2021-06: 317.761, 2021-09: 298.712, 2021-12: 298.335, 2022-03: 314.966, 2022-06: 326.513, 2022-09: 333.818, 2022-12: 336.388, 2023-03: 355.214, 2023-06: 356.589, 2023-09: 359.56, 2023-12: 369.029, 2024-03: 375.964, 2024-06: 380.626, 2024-09: 385.341, 2024-12: 389.615, 2025-03: 395.235, 2025-06: 394.876, 2025-09: 397.61, 2025-12: 407.031,
Rev. CAGR: 7.08%
Rev. Trend: 97.7%
Last SUE: 0.34
Qual. Beats: 0

Warnings

Altman Z'' 0.01 < 1.0 - financial distress zone

Tailwinds

No distinct edge detected

Description: GLPI Gaming & Leisure Properties

GLPI is a Real Estate Investment Trust (REIT) that specializes in acquiring and owning real estate for gaming operations.

The company utilizes a triple-net lease model. In this structure, the tenant, a gaming operator, assumes responsibility for property expenses including maintenance, insurance, taxes, and utilities. This model is common among REITs as it provides stable, predictable income streams.

GLPI operates within the specialized REIT sector, focusing exclusively on casino properties. This niche allows for deep expertise in a highly regulated industry.

For further detailed analysis, ValueRay offers comprehensive company reports.

Headlines to Watch Out For
  • Tenant financial health impacts rent collection and lease renewals
  • Interest rate changes affect borrowing costs and property valuations
  • Gaming industry trends influence tenant profitability and expansion
  • Regulatory shifts in gaming impact tenant operations and lease terms
Piotroski VR‑10 (Strict) 4.0
Net Income: 825.1m TTM > 0 and > 6% of Revenue
FCF/TA: 0.06 > 0.02 and ΔFCF/TA -1.36 > 1.0
NWC/Revenue: 12.59% < 20% (prev 223.6%; Δ -211.0% < -1%)
CFO/TA 0.09 > 3% & CFO 1.13b > Net Income 825.1m
Net Debt (7.57b) to EBITDA (1.59b): 4.75 < 3
Current Ratio: 9.56 > 1.5 & < 3
Outstanding Shares: last quarter (279.9m) vs 12m ago 2.33% < -2%
Gross Margin: 62.11% > 18% (prev 0.97%; Δ 6.11k% > 0.5%)
Asset Turnover: 12.15% > 50% (prev 11.49%; Δ 0.67% > 0%)
Interest Coverage Ratio: 2.80 > 6 (EBITDA TTM 1.59b / Interest Expense TTM 468.5m)
Altman Z'' 0.01
A: 0.02 (Total Current Assets 224.3m - Total Current Liabilities 23.5m) / Total Assets 12.91b
B: -0.15 (Retained Earnings -1.99b / Total Assets 12.91b)
C: 0.10 (EBIT TTM 1.31b / Avg Total Assets 13.12b)
D: -0.25 (Book Value of Equity -1.99b / Total Liabilities 7.90b)
Altman-Z'' Score: 0.01 = B
Beneish M -2.38
DSRI: 0.89 (Receivables 2.56b/2.75b, Revenue 1.59b/1.53b)
GMI: 1.56 (GM 62.11% / 96.89%)
AQI: 1.38 (AQ_t 0.96 / AQ_t-1 0.70)
SGI: 1.04 (Revenue 1.59b / 1.53b)
TATA: -0.02 (NI 825.1m - CFO 1.13b) / TA 12.91b)
Beneish M-Score: -2.38 (Cap -4..+1) = BBB
What is the price of GLPI shares? As of April 16, 2026, the stock is trading at USD 46.75 with a total of 1,555,392 shares traded.
Over the past week, the price has changed by +1.30%, over one month by -1.64%, over three months by +5.55% and over the past year by +2.47%.
Is GLPI a buy, sell or hold? 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
What are the forecasts/targets for the GLPI price?
Analysts Target Price 54.3 16.2%
Gaming & Leisure Properties (GLPI) - Fundamental Data Overview as of 15 April 2026
P/E Trailing = 15.8814
P/E Forward = 14.2045
P/S = 8.3204
P/B = 2.8589
P/EG = 8.08
Revenue TTM = 1.59b USD
EBIT TTM = 1.31b USD
EBITDA TTM = 1.59b USD
Long Term Debt = 7.20b USD (from longTermDebt, last quarter)
Short Term Debt = 23.5m USD (from shortTermDebt, last quarter)
Debt = 7.79b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 7.57b USD (from netDebt column, last quarter)
Enterprise Value = 20.84b USD (13.27b + Debt 7.79b - CCE 224.3m)
Interest Coverage Ratio = 2.80 (Ebit TTM 1.31b / Interest Expense TTM 468.5m)
EV/FCF = 25.26x (Enterprise Value 20.84b / FCF TTM 825.0m)
FCF Yield = 3.96% (FCF TTM 825.0m / Enterprise Value 20.84b)
FCF Margin = 51.73% (FCF TTM 825.0m / Revenue TTM 1.59b)
Net Margin = 51.74% (Net Income TTM 825.1m / Revenue TTM 1.59b)
Gross Margin = 62.11% ((Revenue TTM 1.59b - Cost of Revenue TTM 604.2m) / Revenue TTM)
Gross Margin QoQ = -38.30% (prev none%)
Tobins Q-Ratio = 1.61 (Enterprise Value 20.84b / Total Assets 12.91b)
Interest Expense / Debt = 2.40% (Interest Expense 187.2m / Debt 7.79b)
Taxrate = 0.20% (560k / 275.9m)
NOPAT = 1.31b (EBIT 1.31b * (1 - 0.20%))
Current Ratio = 9.56 (Total Current Assets 224.3m / Total Current Liabilities 23.5m)
Debt / Equity = 1.68 (Debt 7.79b / totalStockholderEquity, last quarter 4.63b)
Debt / EBITDA = 4.75 (Net Debt 7.57b / EBITDA 1.59b)
Debt / FCF = 9.17 (Net Debt 7.57b / FCF TTM 825.0m)
Total Stockholder Equity = 4.49b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.29% (Net Income 825.1m / Total Assets 12.91b)
RoE = 18.36% (Net Income TTM 825.1m / Total Stockholder Equity 4.49b)
RoCE = 11.21% (EBIT 1.31b / Capital Employed (Equity 4.49b + L.T.Debt 7.20b))
RoIC = 11.34% (NOPAT 1.31b / Invested Capital 11.54b)
WACC = 5.02% (E(13.27b)/V(21.06b) * Re(6.56%) + D(7.79b)/V(21.06b) * Rd(2.40%) * (1-Tc(0.00)))
Discount Rate = 6.56% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: 100.0 | Cagr: 1.89%
[DCF] Terminal Value 86.92% ; FCFF base≈908.2m ; Y1≈964.6m ; Y5≈1.15b
[DCF] Fair Price = 93.59 (EV 34.07b - Net Debt 7.57b = Equity 26.51b / Shares 283.2m; r=6.0% [WACC]; 5y FCF grow 6.86% → 3.0% )
EPS Correlation: 45.88 | EPS CAGR: 19.63% | SUE: 1.75 | # QB: 2
Revenue Correlation: 97.74 | Revenue CAGR: 7.08% | SUE: 0.34 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.79 | Chg7d=-0.005 | Chg30d=-0.020 | Revisions Net=+1 | Analysts=3
EPS current Year (2026-12-31): EPS=3.18 | Chg7d=-0.019 | Chg30d=-0.057 | Revisions Net=+3 | Growth EPS=+0.0% | Growth Revenue=+7.2%
EPS next Year (2027-12-31): EPS=3.36 | Chg7d=+0.027 | Chg30d=+0.045 | Revisions Net=+1 | Growth EPS=+5.7% | Growth Revenue=+5.4%
[Analyst] Revisions Ratio: +1.00 (1 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 1.6% (Discount Rate 7.9% - Earnings Yield 6.3%)
[Growth] Growth Spread = +6.2% (Analyst 7.9% - Implied 1.6%)
External Resources
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