Soltis Investment Advisors LLC Buys New Position in Gaming and Leisure Properties, Inc. $GLPI

Soltis Investment Advisors LLC bought a new stake in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 20,783 shares of the real estate investment trust’s stock, valued at approximately $789,000.

Several other hedge funds have also recently added to or reduced their stakes in GLPI. Pension & Wealth Management Advisors Inc. bought a new position in Gaming and Leisure Properties during the 3rd quarter worth approximately $29,000. Mather Group LLC. boosted its stake in shares of Gaming and Leisure Properties by 54.2% in the 3rd quarter. Mather Group LLC. now owns 799 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 281 shares during the last quarter. Root Financial Partners LLC bought a new stake in shares of Gaming and Leisure Properties in the 3rd quarter valued at $30,000. Markowski Investments bought a new stake in shares of Gaming and Leisure Properties in the 2nd quarter valued at $35,000. Finally, Parkside Financial Bank & Trust boosted its stake in shares of Gaming and Leisure Properties by 115.2% in the 2nd quarter. Parkside Financial Bank & Trust now owns 794 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 425 shares during the last quarter. Institutional investors own 91.14% of the company’s stock.

Gaming and Leisure Properties Trading Down 1.3%

NASDAQ GLPI opened at $38.98 on Friday. The company has a market cap of $11.34 billion, a price-to-earnings ratio of 11.92, a P/E/G ratio of 1.63 and a beta of 0.65. Gaming and Leisure Properties, Inc. has a 52 week low of $37.33 and a 52 week high of $49.95. The business has a 50 day moving average price of $39.91 and a 200-day moving average price of $44.50. The company has a quick ratio of 4.74, a current ratio of 4.74 and a debt-to-equity ratio of 1.51.

Gaming and Leisure Properties (NASDAQ:GLPI) last issued its earnings results on Thursday, October 29th. The real estate investment trust reported $0.71 earnings per share for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.09). Gaming and Leisure Properties had a return on equity of 18.34% and a net margin of 55.71%. The firm had revenue of $435.45 million for the quarter, compared to analyst estimates of $436.30 million. During the same period in the previous year, the company earned $0.97 earnings per share. Gaming and Leisure Properties’s revenue for the quarter was up 9.5% compared to the same quarter last year. As a group, equities analysts expect that Gaming and Leisure Properties, Inc. will post 4.03 earnings per share for the current fiscal year.

Gaming and Leisure Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 11th were issued a dividend of $0.82 per share. The ex-dividend date was Friday, September 11th. This represents a $3.28 annualized dividend and a yield of 8.4%. Gaming and Leisure Properties’s dividend payout ratio is presently 100.31%.

Gaming and Leisure Properties News Roundup

Here are the key news stories impacting Gaming and Leisure Properties this week:

• Positive Sentiment: GLPI reported record third-quarter revenue of approximately $435.5 million, up 9.5% year over year, indicating continued growth in its gaming real-estate portfolio. Gaming and Leisure Properties Reports Record Third Quarter Results
• Positive Sentiment: Third-quarter funds from operations (FFO), a key REIT performance measure, came in at $1.04 per share, exceeding the $1.02 analyst consensus and improving from $0.97 a year earlier. Gaming and Leisure Properties GLPI Q3 FFO Surpass Estimates
• Positive Sentiment: The company entered a joint venture with Prologis to redevelop the former Hollywood Casino Joliet site, marking GLPI’s first investment outside traditional gaming real estate and potentially broadening its future growth opportunities. GLPI enters JV with Prologis to develop former Hollywood Casino Joliet site
• Neutral Sentiment: Management discussed the quarter and company outlook on the October 30 earnings call; investors will focus on commentary regarding rent coverage, capital deployment and the Prologis partnership. GLPI Q3 2026 Earnings Call Transcript
• Negative Sentiment: GAAP earnings per share were $0.71, missing the $0.80 consensus estimate and declining from $0.97 in the prior-year quarter. Net income also fell despite the revenue increase, creating the primary source of pressure on the stock. GLPI Third Quarter Earnings Report

Analysts Set New Price Targets

GLPI has been the subject of a number of analyst reports. Raymond James Financial reissued an “outperform” rating and set a $47.00 target price on shares of Gaming and Leisure Properties in a research note on Thursday, August 13th. Cantor Fitzgerald cut their price target on shares of Gaming and Leisure Properties from $52.00 to $48.00 and set a “neutral” rating on the stock in a research report on Monday, August 10th. Citizens Jmp decreased their price target on Gaming and Leisure Properties from $55.00 to $49.00 and set a “market outperform” rating for the company in a report on Friday, October 2nd. Piper Sandler raised Gaming and Leisure Properties to a “buy” rating in a research note on Friday, October 2nd. Finally, Scotiabank dropped their price objective on Gaming and Leisure Properties from $49.00 to $43.00 and set a “sector perform” rating on the stock in a research note on Thursday, September 24th. Nine investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $47.69.

Insider Buying and Selling at Gaming and Leisure Properties

In other Gaming and Leisure Properties news, Director Earl C. Shanks bought 10,000 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were bought at an average price of $42.24 per share, for a total transaction of $422,400.00. Following the acquisition, the director directly owned 107,259 shares of the company’s stock, valued at approximately $4,530,620.16. The trade was a 10.28% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 4.11% of the stock is owned by corporate insiders.

Gaming and Leisure Properties Profile

Gaming and Leisure Properties, Inc (NASDAQ: GLPI) is a real estate investment trust that owns and leases gaming and entertainment properties. The company primarily operates as a landlord, generating rental income through long-term agreements with casino operators rather than directly managing most of the gaming facilities located on its properties.

GLPI’s portfolio includes casinos, resorts, racetracks and related entertainment facilities across the United States. Its leases are generally structured as triple-net agreements, under which tenants are typically responsible for property-level expenses such as maintenance, insurance and real estate taxes.