GLPI Stock Analysis: Gaming & Leisure Properties | NASDAQ
REIT - Specialty | NASDAQ, USA | Market Cap: 11.459m USD | 12M Return: -6.3% | US36467J1088 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 117M
EPS Trend: 60.7%
Qual. Beats: 0
Rev. Trend: 99.4%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 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 real estate company that acquires, finances, and owns properties leased to gaming operators under triple-net lease arrangements. Under this structure, tenants are responsible for facility maintenance, insurance, property taxes, and utilities, while the company collects lease revenue. The firm was established on February 13, 2013, is incorporated in Pennsylvania, and headquartered in Wyomissing, United States.
GLPI operates as a specialized real estate investment trust (REIT) focused on the gaming and hospitality sector, a niche within the broader REIT industry. Its triple-net lease model is a common structure used by REITs, providing a landlord with relatively predictable rental income while shifting most property-level operating costs and obligations to the tenant. Listed on NASDAQ since its 2013 IPO, the company is classified within the Real Estate sector under the Other Specialized REITs sub-industry.
- Penn Entertainment and Caesars tenant health drives rental revenue
- Rising interest rates pressure cap rates and equity valuations
- New property acquisitions expand portfolio and grow AFFO
| Net Income: 968.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -3.91 > 1.0 |
| NWC/Revenue: 171.9% < 20% (prev 174.1%; Δ -2.19% < -1%) |
| CFO/TA 0.09 > 3% & CFO 1.20b > Net Income 968.7m |
| Net Debt (8.36b) to EBITDA (1.66b): 5.03 < 3 |
| Current Ratio: 9.43 > 1.5 & < 3 |
| Outstanding Shares: last quarter (279.9m) vs 12m ago 0.76% < -2% |
| Gross Margin: 47.05% > 18% (prev 96.71%; Δ -49.66% > 0.5%) |
| Asset Turnover: 12.42% > 50% (prev 12.53%; Δ -0.11% > 0%) |
| Interest Coverage Ratio: 3.61 > 6 (EBIT TTM 1.38b / Interest Expense TTM 383.2m) |
| A: 0.20 (Total Current Assets 3.18b - Total Current Liabilities 337.3m) / Total Assets 14.2b |
| B: -0.14 (Retained Earnings -1.99b / Total Assets 14.2b) |
| C: 0.10 (EBIT TTM 1.38b / Avg Total Assets 13.3b) |
| D: 0.57 (Book Value of Equity 4.98b / Total Liabilities 8.77b) |
| Altman-Z'' = 2.15 = BBB |
| DSRI: 1.11 (Receivables 2.86b/2.44b, Revenue 1.66b/1.57b) |
| GMI: 2.06 (GM 96.71% / 47.05%) |
| AQI: 1.03 (AQ_t 0.76 / AQ_t-1 0.74) |
| SGI: 1.06 (Revenue 1.66b / 1.57b) |
| TATA: -0.02 (NI 968.7m - CFO 1.20b) / TA 14.2b) |
| Beneish M = -1.92 (Cap -4..+1) = B |
As of October 16, 2026, the stock is trading at USD 39.08 with a total of 2,858,299 shares traded. Over the past week, the price has changed by +2.14%, over one month by -3.79%, over three months by -9.43% and over the past year by -6.30%.
Current recommended Stop Loss: 38.00 (which is 2.8% or 1.5 ATR below the current price).
Gaming & Leisure Properties has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy GLPI.
- StrongBuy: 10
- Buy: 5
- Hold: 8
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 51.7 | 32.2% |
P/E Trailing = 11.1871
P/E Forward = 11.7925
P/S = 6.9232
P/B = 2.2914
P/EG = 8.08
Revenue TTM = 1.66b USD
EBIT TTM = 1.38b USD
EBITDA TTM = 1.66b USD
Long Term Debt = 8.08b USD (from longTermDebt, last quarter)
Short Term Debt = 302.1m USD (from shortTermDebt, last quarter)
Debt = 8.68b USD (from shortLongTermDebtTotal, last quarter) + Leases 302.1m
Net Debt = 8.36b USD (calculated: Debt 8.68b - CCE 319.0m)
Enterprise Value = 19.8b USD (11.5b + Debt 8.68b - CCE 319.0m)
Interest Coverage Ratio = 3.61 (Ebit TTM 1.38b / Interest Expense TTM 383.2m)
EV/FCF = 31.58x (Enterprise Value 19.8b / FCF TTM 627.7m)
FCF Yield = 3.17% (FCF TTM 627.7m / Enterprise Value 19.8b)
FCF Margin = 37.93% (FCF TTM 627.7m / Revenue TTM 1.66b)
Net Margin = 58.53% (Net Income TTM 968.7m / Revenue TTM 1.66b)
Gross Margin = 47.05% ((Revenue TTM 1.66b - Cost of Revenue TTM 876.4m) / Revenue TTM)
Gross Margin QoQ = 64.79% (prev 64.73%)
Tobins Q-Ratio = 1.40 (Enterprise Value 19.8b / Total Assets 14.2b)
Interest Expense / Debt = 4.41% (Interest Expense 383.2m / Debt 8.68b)
Taxrate = 0.23% (2.28m / 1.00b)
NOPAT = 1.38b (EBIT 1.38b * (1 - 0.23%))
Current Ratio = 9.43 (Total Current Assets 3.18b / Total Current Liabilities 337.3m)
Debt / Equity = 1.74 (Debt 8.68b / totalStockholderEquity, last quarter 4.98b)
Debt / EBITDA = 5.03 (Net Debt 8.36b / EBITDA 1.66b)
Debt / FCF = 13.32 (Net Debt 8.36b / FCF TTM 627.7m)
Total Stockholder Equity = 4.71b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.27% (Net Income 968.7m / Total Assets 14.2b)
RoE = 20.59% (Net Income TTM 968.7m / Total Stockholder Equity 4.71b)
RoCE = 10.82% (EBIT 1.38b / Capital Employed (Equity 4.71b + L.T.Debt 8.08b))
RoIC = 9.83% (NOPAT 1.38b / Invested Capital 14.0b)
WACC = 4.98% (E(11.5b)/V(20.1b) * Re(5.42%) + D(8.68b)/V(20.1b) * Rd(4.41%) * (1-Tc(0.00)))
Discount Rate = 5.42% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 85.14 | Cagr: 1.28%
[DCF] Terminal Value 73.10% ; FCFF base≈793.6m ; Y1≈696.0m ; Y5≈562.3m
[DCF] Fair Price = 2.28 (EV 9.03b - Net Debt 8.36b = Equity 662.8m / Shares 290.9m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 60.72 | EPS CAGR: 5.97% | SUE: 0.20 | # QB: 0
Revenue Correlation: 99.36 | Revenue CAGR: 5.56% | SUE: 0.33 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.80 | Chg30d=+4.86% | Revisions=-50% | Analysts=5
EPS current Year (2026-12-31): EPS=3.11 | Chg30d=-3.52% | Revisions=+25% | GrowthEPS=+0.0% | GrowthRev=+8.5%
EPS next Year (2027-12-31): EPS=3.33 | Chg30d=+0.79% | Revisions=-17% | GrowthEPS=+7.0% | GrowthRev=+5.9%
[Analyst] Revisions Ratio: -30% (up=2, down=5)