Overview Dividends

(GLPI) Gaming & Leisure Properties - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US36467J1088

Casinos, Hotels, Real Estate, Gaming Properties, Net Lease

Other Specialized REITs
Market Cap in USD: 12,401m

IPO / Inception: 2013-10-14
Return 12m vs S&P 500: -21.7%

EPS (Earnings per Share)

EPS CAGR: 15.20%
EPS Trend: 44.1%

Last SUE: 1.07
Qual. Beats: 1

Revenue

Rev. CAGR: 7.96%
Rev. Trend: 93.3%

Last SUE: -0.13
Qual. Beats: 0

Dividends

Dividend Yield	7.08%
Yield on Cost 5y	9.96%
Yield CAGR 5y	17.87%
Payout Consistency	88.1%
Payout Ratio	111.5%

Risk via 10d forecast
Volatility	17.4%
Value at Risk 5%th	28.7%
Relative Tail Risk	0.27%

Reward TTM
Sharpe Ratio	-0.67
Alpha	-18.16
CAGR/Max DD	-0.02

Character TTM
Hurst Exponent	0.338
Beta	0.380
Beta Downside	0.466

Drawdowns 3y
Max DD	17.12%
Mean DD	6.98%
Median DD	7.19%

Description: GLPI Gaming & Leisure Properties October 31, 2025

Gaming & Leisure Properties (NASDAQ:GLPI) operates as a specialized REIT that acquires, finances, and owns casino-related real estate, which it leases to gaming operators under triple-net (NNN) agreements. Under these leases, tenants bear all operating expenses-including maintenance, insurance, taxes, utilities, and any costs associated with the gaming business-leaving GLPI with a predictable, rent-only cash flow.

Key metrics that investors typically monitor for GLPI include its occupancy rate (historically above 95%), dividend yield (around 7%-8% on a trailing-12-month basis), and net asset value (NAV) per share, which has trended upward as the company expands its portfolio through acquisitions and lease-back transactions. The REIT’s performance is closely tied to macro-drivers such as discretionary consumer spending on gambling, regional gaming legislation, and interest-rate movements that affect REIT financing costs; a sustained rise in U.S. gaming revenue-projected to grow at ~4% CAGR over the next five years-generally supports higher lease rates and asset valuations.

For a deeper quantitative assessment of GLPI’s risk-adjusted return profile, you might explore ValueRay’s analytics platform to compare its valuation multiples and cash-flow sensitivity against peers in the Other Specialized REITs sub-industry.

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income (775.0m TTM) > 0 and > 6% of Revenue (6% = 94.6m TTM)

FCFTA 0.08 (>2.0%) and ΔFCFTA -0.24pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 187.8% (prev 210.2%; Δ -22.36pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.08 (>3.0%) and CFO 1.08b > Net Income 775.0m (YES >=105%, WARN >=100%)

Net Debt (6.75b) to EBITDA (1.45b) ratio: 4.65 <= 3.0 (WARN <= 3.5)

Current Ratio 11.65 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (283.4m) change vs 12m ago 3.11% (target <= -2.0% for YES)

Gross Margin 96.61% (prev 92.74%; Δ 3.87pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 12.39% (prev 11.92%; Δ 0.47pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 3.09 (EBITDA TTM 1.45b / Interest Expense TTM 379.1m) >= 6 (WARN >= 3)

Altman Z'' 1.35

(A) 0.23 = (Total Current Assets 3.24b - Total Current Liabilities 278.2m) / Total Assets 12.79b

(B) -0.16 = Retained Earnings (Balance) -2.04b / Total Assets 12.79b

(D) -0.26 = Book Value of Equity -2.03b / Total Liabilities 7.83b

Total Rating: 1.35 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 74.30

1. Piotroski 3.50pt

2. FCF Yield 5.21%

3. FCF Margin 63.23%

4. Debt/Equity 1.64

5. Debt/Ebitda 4.65

6. ROIC - WACC (= 4.99)%

7. RoE 17.60%

8. Rev. Trend 93.27%

9. EPS Trend 44.14%

What is the price of GLPI shares?

As of November 29, 2025, the stock is trading at USD 43.53 with a total of 1,426,982 shares traded.
Over the past week, the price has changed by +1.14%, over one month by -2.05%, over three months by -7.79% and over the past year by -10.15%.

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.

Strong Buy: 11
Buy: 4
Hold: 8
Sell: 1
Strong Sell: 0

What are the forecasts/targets for the GLPI price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	53.6	23.2%
Analysts Target Price	53.6	23.2%
ValueRay Target Price	44.1	1.4%

GLPI Fundamental Data Overview November 20, 2025

Market Cap USD = 12.40b (12.40b USD * 1.0 USD.USD)
P/E Trailing = 15.7061
P/E Forward = 12.1212
P/S = 7.8623
P/B = 2.7186
P/EG = 8.08
Beta = 0.694
Revenue TTM = 1.58b USD
EBIT TTM = 1.17b USD
EBITDA TTM = 1.45b USD
Long Term Debt = 7.20b USD (from longTermDebt, last quarter)
Short Term Debt = 5.02m USD (from shortTermDebt, last quarter)
Debt = 7.51b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 6.75b USD (from netDebt column, last quarter)
Enterprise Value = 19.16b USD (12.40b + Debt 7.51b - CCE 751.7m)
Interest Coverage Ratio = 3.09 (Ebit TTM 1.17b / Interest Expense TTM 379.1m)
FCF Yield = 5.21% (FCF TTM 997.4m / Enterprise Value 19.16b)
FCF Margin = 63.23% (FCF TTM 997.4m / Revenue TTM 1.58b)
Net Margin = 49.14% (Net Income TTM 775.0m / Revenue TTM 1.58b)
Gross Margin = 96.61% ((Revenue TTM 1.58b - Cost of Revenue TTM 53.5m) / Revenue TTM)
Gross Margin QoQ = 96.53% (prev 96.47%)
Tobins Q-Ratio = 1.50 (Enterprise Value 19.16b / Total Assets 12.79b)
Interest Expense / Debt = 1.25% (Interest Expense 94.1m / Debt 7.51b)
Taxrate = 0.22% (560.0k / 249.0m)
NOPAT = 1.17b (EBIT 1.17b * (1 - 0.22%))
Current Ratio = 11.65 (Total Current Assets 3.24b / Total Current Liabilities 278.2m)
Debt / Equity = 1.64 (Debt 7.51b / totalStockholderEquity, last quarter 4.58b)
Debt / EBITDA = 4.65 (Net Debt 6.75b / EBITDA 1.45b)
Debt / FCF = 6.77 (Net Debt 6.75b / FCF TTM 997.4m)
Total Stockholder Equity = 4.40b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.06% (Net Income 775.0m / Total Assets 12.79b)
RoE = 17.60% (Net Income TTM 775.0m / Total Stockholder Equity 4.40b)
RoCE = 10.09% (EBIT 1.17b / Capital Employed (Equity 4.40b + L.T.Debt 7.20b))
RoIC = 10.08% (NOPAT 1.17b / Invested Capital 11.58b)
WACC = 5.09% (E(12.40b)/V(19.91b) * Re(7.41%) + D(7.51b)/V(19.91b) * Rd(1.25%) * (1-Tc(0.00)))
Discount Rate = 7.41% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 2.51%
[DCF Debug] Terminal Value 79.30% ; FCFE base≈1.01b ; Y1≈1.08b ; Y5≈1.32b
Fair Price DCF = 81.62 (DCF Value 23.10b / Shares Outstanding 283.0m; 5y FCF grow 8.30% → 3.0% )
EPS Correlation: 44.14 | EPS CAGR: 15.20% | SUE: 1.07 | # QB: 1
Revenue Correlation: 93.27 | Revenue CAGR: 7.96% | SUE: -0.13 | # QB: 0

Additional Sources for GLPI Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle