Gaming and Leisure Properties (NASDAQ:GLPI) Issues FY 2026 Earnings Guidance

Gaming and Leisure Properties (NASDAQ:GLPI) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 4.100-4.120 for the period, compared to the consensus estimate of 4.010. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Stifel Nicolaus set a $50.00 target price on shares of Gaming and Leisure Properties in a report on Friday, April 24th. Scotiabank reduced their price objective on Gaming and Leisure Properties from $52.00 to $49.00 and set a “sector perform” rating for the company in a report on Thursday, June 18th. Morgan Stanley upped their target price on Gaming and Leisure Properties from $53.00 to $55.00 and gave the company an “equal weight” rating in a report on Monday, July 6th. Barclays cut their price target on Gaming and Leisure Properties from $53.00 to $50.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. Finally, Weiss Ratings downgraded shares of Gaming and Leisure Properties from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, June 17th. Five research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $50.50.

Gaming and Leisure Properties Price Performance

Gaming and Leisure Properties stock traded down $1.30 during midday trading on Thursday, reaching $44.71. 2,977,622 shares of the company were exchanged, compared to its average volume of 2,312,543. The firm’s 50-day simple moving average is $45.57 and its 200-day simple moving average is $46.27. Gaming and Leisure Properties has a 1 year low of $41.17 and a 1 year high of $49.95. The company has a market capitalization of $12.67 billion, a price-to-earnings ratio of 14.19, a P/E/G ratio of 2.03 and a beta of 0.66. The company has a debt-to-equity ratio of 1.62, a quick ratio of 6.29 and a current ratio of 6.29.

Gaming and Leisure Properties (NASDAQ:GLPI) last issued its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.80 EPS for the quarter, hitting analysts’ consensus estimates of $0.80. The business had revenue of $430.52 million during the quarter, compared to the consensus estimate of $428.51 million. Gaming and Leisure Properties had a net margin of 55.56% and a return on equity of 18.06%. Gaming and Leisure Properties has set its FY 2026 guidance at 4.100-4.120 EPS. On average, analysts anticipate that Gaming and Leisure Properties will post 4.01 EPS for the current year.

Gaming and Leisure Properties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were paid a dividend of $0.82 per share. This is an increase from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. This represents a $3.28 dividend on an annualized basis and a yield of 7.3%. The ex-dividend date of this dividend was Friday, June 12th. Gaming and Leisure Properties’s payout ratio is 104.13%.

Insider Activity at Gaming and Leisure Properties

In related news, Director E Scott Urdang sold 3,000 shares of Gaming and Leisure Properties stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $48.32, for a total transaction of $144,960.00. Following the transaction, the director owned 127,429 shares in the company, valued at approximately $6,157,369.28. The trade was a 2.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 4.11% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Gaming and Leisure Properties

A number of institutional investors have recently modified their holdings of the stock. Corient Private Wealth LLC raised its stake in Gaming and Leisure Properties by 538.0% during the fourth quarter. Corient Private Wealth LLC now owns 120,920 shares of the real estate investment trust’s stock valued at $5,404,000 after buying an additional 101,966 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in shares of Gaming and Leisure Properties by 18.2% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 122,901 shares of the real estate investment trust’s stock worth $5,492,000 after purchasing an additional 18,965 shares during the period. EP Wealth Advisors LLC bought a new position in shares of Gaming and Leisure Properties in the 4th quarter worth about $1,733,000. Fuller & Thaler Asset Management Inc. boosted its holdings in shares of Gaming and Leisure Properties by 32.5% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 119,727 shares of the real estate investment trust’s stock valued at $5,351,000 after buying an additional 29,343 shares during the period. Finally, NewEdge Advisors LLC grew its position in shares of Gaming and Leisure Properties by 10,555.7% during the 4th quarter. NewEdge Advisors LLC now owns 7,459 shares of the real estate investment trust’s stock valued at $333,000 after buying an additional 7,389 shares during the last quarter. Institutional investors and hedge funds own 91.14% of the company’s stock.

About Gaming and Leisure Properties

Gaming and Leisure Properties, Inc (NASDAQ: GLPI) is a real estate investment trust (REIT) specializing in the ownership and management of gaming and entertainment properties. Established in 2013 as a spin-off from Penn National Gaming, the company was designed to acquire and hold real estate assets associated with casinos, racetracks and other gaming facilities, while leasing those assets back to operating partners under long-term, triple-net lease agreements.

The company’s core activities involve identifying attractive gaming real estate, structuring lease agreements that align tenant incentives with property performance, and actively managing its portfolio to enhance asset value.