Symbols / GLPI Stock $47.31 +1.44% Gaming and Leisure Properties, Inc.

Real Estate • REIT - Specialty • United States • NMS
GLPI (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Real Estate
Industry REIT - Specialty
CEO Mr. Peter M. Carlino
Exch · Country NMS · United States
Market Cap 13.40B
Enterprise Value 21.90B
Income 891.00M
Sales 1.62B
FCF (ttm) 486.10M
Book/sh 16.35
Cash/sh 0.97
Employees 20
Insider 10d —
IPO Oct 14, 2013
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 98.42%
P/E 14.92
Forward P/E 14.17
PEG —
P/S 8.27
P/B 2.89
P/C —
EV/EBITDA 14.05
EV/Sales 13.53
Quick Ratio 28.38
Current Ratio 31.13
Debt/Eq 166.34
LT Debt/Eq —
EPS (ttm) 3.17
EPS next Y 3.34
EPS Growth 36.40%
Revenue Growth 6.30%
EPS Gr Q/Q 40.30%
Rev Gr Q/Q —
Earnings (next) 2026-04-23
Earnings (prior) 2026-04-23
ROA 6.16%
ROE 19.09%
ROIC —
Gross Margin 99.08%
Oper. Margin 79.37%
Profit Margin 55.06%
Shs Outstand 283.22M
Shs Float 271.02M
Insider Own 4.17%
Instit Own 97.38%
Short Float 7.01%
Short Ratio 6.51
Short Interest 14.22M
52W High 49.95
vs 52W High -5.29%
52W Low 41.17
vs 52W Low 14.91%
Beta 0.71
Impl. Vol. 24.23%
Rel Volume 0.94
Avg Volume 2.32M
Volume 2.18M
Target (mean) $54.48
Tgt Median $53.00
Tgt Low $46.00
Tgt High $62.00
# Analysts 23
Recom Buy
Prev Close $46.64
Price $47.31
Change 1.44%
About

Gaming and Leisure Properties, Inc. is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties. Gaming and Leisure Properties, Inc. was establihsed on February 13 2013 and incorporated in Pennsylvania.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$54.48
Mean price target
2. Current target
$47.31
Latest analyst target
3. DCF / Fair value
$30.89
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$47.31
Low
$46.00
High
$62.00
Mean
$54.48

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-21 main Barclays Overweight → Overweight $53
2026-03-13 main Barclays Overweight → Overweight $52
2026-03-11 main Mizuho Outperform → Outperform $53
2026-03-10 main Scotiabank Sector Perform → Sector Perform $50
2026-02-23 main RBC Capital Outperform → Outperform $54
2026-02-12 main Barclays Overweight → Overweight $53
2026-02-02 main Scotiabank Sector Perform → Sector Perform $48
2025-12-24 main Morgan Stanley Equal-Weight → Equal-Weight $53
2025-12-17 up Mizuho Neutral → Outperform $50
2025-12-12 up JP Morgan Neutral → Overweight $53
2025-12-03 main Barclays Overweight → Overweight $52
2025-11-06 main Cantor Fitzgerald Neutral → Neutral $49
2025-10-31 main Stifel Hold → Hold $48
2025-10-20 up Barclays Equal-Weight → Overweight $54
2025-10-01 init Cantor Fitzgerald — → Neutral $51
2025-09-11 main Mizuho Neutral → Neutral $50
2025-08-28 main Scotiabank Sector Perform → Sector Perform $50
2025-08-20 main Barclays Equal-Weight → Equal-Weight $51
2025-07-28 main Macquarie Outperform → Outperform $59
2025-07-28 main RBC Capital Outperform → Outperform $53
News
RSS: Latest GLPI news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-02-27 BURKE DESIREE A. Chief Financial Officer — 9,804 $49.02 $480,592
2026-02-24 MOORE BRANDON J. President — 18,374 $48.00 $882,859
2026-02-23 URDANG E SCOTT Director — 4,000 $47.37 $189,480
2026-01-07 LADANY STEVEN Officer — 13,409 $45.04 $603,941
2026-01-05 LADANY STEVEN Officer — 23,455 $44.09 $1,046,964
2026-01-02 SHANKS EARL C Director — 4,476 $0.00 $0
2026-01-02 CARLINO PETER M Chief Executive Officer — 105,098 $0.00 $0
2026-01-02 PERRY JAMES B Director — 4,476 $0.00 $0
2026-01-02 MARSHALL JOSEPH W. III Director — 8,840 $0.00 $0
2026-01-02 BURKE DESIREE A. Chief Financial Officer — 52,396 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
1,594.75
+4.13%
1,531.55
+6.33%
1,440.39
+9.81%
1,311.68
Operating Revenue
1,594.75
+4.13%
1,531.55
+6.33%
1,440.39
+9.81%
1,311.68
Cost Of Revenue
55.41
+16.22%
47.67
+3.80%
45.93
-12.26%
52.35
Reconciled Cost Of Revenue
38.33
+11.41%
34.40
+6.27%
32.38
-11.27%
36.49
Gross Profit
1,539.34
+3.74%
1,483.87
+6.41%
1,394.46
+10.73%
1,259.34
Operating Expense
331.72
-7.08%
356.98
+9.58%
325.78
+9.73%
296.90
Selling General And Administration
57.19
-4.00%
59.57
+5.53%
56.45
+10.00%
51.32
General And Administrative Expense
57.19
-4.00%
59.57
+5.53%
56.45
+10.00%
51.32
Salaries And Wages
3.10
—
—
—
Other Gand A
54.09
-9.20%
59.57
+5.53%
56.45
+10.00%
51.32
Other Operating Expenses
—
—
—
—
Total Expenses
387.12
-4.33%
404.65
+8.86%
371.71
+6.43%
349.25
Operating Income
1,207.63
+7.16%
1,126.89
+5.45%
1,068.68
+11.04%
962.43
Total Operating Income As Reported
1,201.45
+6.26%
1,130.68
+5.80%
1,068.70
+3.77%
1,029.91
EBITDA
1,509.41
+4.09%
1,450.10
+6.85%
1,357.18
+5.68%
1,284.18
Normalized EBITDA
1,519.37
+5.05%
1,446.31
+6.53%
1,357.71
+11.39%
1,218.89
Reconciled Depreciation
282.94
+3.48%
273.42
-1.09%
276.42
+8.59%
254.55
EBIT
1,226.47
+4.23%
1,176.67
+8.88%
1,080.76
+4.97%
1,029.63
Total Unusual Items
-9.96
-362.74%
3.79
+809.74%
-0.53
-100.82%
65.29
Total Unusual Items Excluding Goodwill
-9.96
-362.74%
3.79
+809.74%
-0.53
-100.82%
65.29
Special Income Charges
-10.08
0.00
+100.00%
-0.56
+74.60%
-2.19
Other Special Charges
3.78
—
0.56
-74.60%
2.19
Impairment Of Capital Assets
—
—
—
3.30
Restructuring And Mergern Acquisition
6.30
—
—
—
Net Income
825.11
+5.16%
784.62
+6.86%
734.28
+7.25%
684.65
Pretax Income
852.59
+5.29%
809.78
+6.92%
757.37
+5.14%
720.34
Net Non Operating Interest Income Expense
-345.08
-7.53%
-320.91
-3.26%
-310.78
-1.10%
-307.39
Interest Expense Non Operating
373.88
+1.90%
366.90
+13.45%
323.39
+4.56%
309.29
Net Interest Income
-345.08
-7.53%
-320.91
-3.26%
-310.78
-1.10%
-307.39
Interest Expense
373.88
+1.90%
366.90
+13.45%
323.39
+4.56%
309.29
Interest Income Non Operating
28.80
-37.39%
45.99
+264.79%
12.61
+561.78%
1.91
Interest Income
28.80
-37.39%
45.99
+264.79%
12.61
+561.78%
1.91
Other Income Expense
-9.96
-362.74%
3.79
+809.74%
-0.53
-100.82%
65.29
Gain On Sale Of Security
0.12
-96.70%
3.79
+17127.27%
0.02
-99.97%
67.48
Tax Provision
2.23
+4.70%
2.13
+6.61%
2.00
-88.29%
17.05
Tax Rate For Calcs
0.00
+0.00%
0.00
+0.00%
0.00
-87.50%
0.00
Tax Effect Of Unusual Items
-0.03
-362.74%
0.01
+809.74%
-0.00
-100.10%
1.57
Net Income Including Noncontrolling Interests
850.36
+5.29%
807.65
+6.92%
755.37
+7.41%
703.28
Net Income From Continuing Operation Net Minority Interest
825.11
+5.16%
784.62
+6.86%
734.28
+7.25%
684.65
Net Income From Continuing And Discontinued Operation
825.11
+5.16%
784.62
+6.86%
734.28
+7.25%
684.65
Net Income Continuous Operations
850.36
+5.29%
807.65
+6.92%
755.37
+7.41%
703.28
Minority Interests
-25.25
-9.63%
-23.03
-9.20%
-21.09
-13.18%
-18.63
Normalized Income
835.04
+6.94%
780.84
+6.26%
734.82
+18.34%
620.93
Net Income Common Stockholders
824.37
+5.13%
784.16
+6.86%
733.85
+7.25%
684.22
Otherunder Preferred Stock Dividend
0.74
+61.44%
0.46
+5.76%
0.43
+0.46%
0.43
Diluted EPS
2.95
+2.79%
2.87
+3.61%
2.77
+2.59%
2.70
Basic EPS
2.95
+2.79%
2.87
+3.24%
2.78
+2.58%
2.71
Basic Average Shares
279.70
+2.31%
273.39
+3.53%
264.05
+4.49%
252.72
Diluted Average Shares
280.04
+2.38%
273.53
+3.22%
264.99
+4.39%
253.85
Diluted NI Availto Com Stockholders
824.37
+5.13%
784.16
+6.86%
733.85
+7.25%
684.22
Average Dilution Earnings
—
—
—
—
Depreciation Amortization Depletion Income Statement
265.86
+2.20%
260.15
-1.03%
262.87
+10.13%
238.69
Depreciation And Amortization In Income Statement
265.86
+2.20%
260.15
-1.03%
262.87
+10.13%
238.69
Depreciation Income Statement
265.86
+2.20%
260.15
-1.03%
262.87
+10.13%
238.69
Provision For Doubtful Accounts
8.66
-76.74%
37.25
+476.60%
6.46
-6.34%
6.90
Rent Expense Supplemental
55.41
+16.22%
47.67
-0.92%
48.12
-1.90%
49.05
Line Item Trend 2023-12-31
Total Assets
11,806.66
Current Assets
2,746.62
Cash Cash Equivalents And Short Term Investments
683.98
Cash And Cash Equivalents
683.98
Other Short Term Investments
0.00
Receivables
2,062.64
Accounts Receivable
2,023.61
Gross Accounts Receivable
10,129.39
Allowance For Doubtful Accounts Receivable
-8,105.78
Other Receivables
—
Loans Receivable
39.04
Assets Held For Sale Current
—
Total Non Current Assets
9,060.03
Net PPE
196.25
Gross PPE
196.25
Accumulated Depreciation
—
Properties
—
Land And Improvements
—
Buildings And Improvements
—
Machinery Furniture Equipment
—
Construction In Progress
—
Other Properties
196.25
Goodwill And Other Intangible Assets
639.27
Other Intangible Assets
639.27
Investments And Advances
0.00
Other Investments
0.00
Other Non Current Assets
55.72
Total Liabilities Net Minority Interest
7,297.70
Current Liabilities
382.47
Payables And Accrued Expenses
97.58
Payables
7.01
Accounts Payable
7.01
Current Accrued Expenses
90.56
Total Tax Payable
—
Income Tax Payable
—
Current Deferred Liabilities
284.89
Current Deferred Revenue
284.89
Total Non Current Liabilities Net Minority Interest
6,915.24
Long Term Debt And Capital Lease Obligation
6,878.66
Long Term Debt
6,627.55
Long Term Capital Lease Obligation
251.11
Non Current Deferred Liabilities
—
Non Current Deferred Taxes Liabilities
—
Other Non Current Liabilities
36.57
Stockholders Equity
4,156.90
Common Stock Equity
4,156.90
Capital Stock
2.71
Common Stock
2.71
Preferred Stock
0.00
Share Issued
270.92
Ordinary Shares Number
270.92
Treasury Shares Number
0.00
Additional Paid In Capital
6,052.11
Retained Earnings
-1,897.91
Gains Losses Not Affecting Retained Earnings
—
Minority Interest
352.05
Other Equity Adjustments
—
Total Equity Gross Minority Interest
4,508.95
Total Capitalization
10,784.45
Working Capital
2,364.16
Invested Capital
10,784.45
Total Debt
6,878.66
Net Debt
5,943.57
Capital Lease Obligations
251.11
Net Tangible Assets
3,517.64
Tangible Book Value
3,517.64
Interest Payable
83.11
Investment Properties
8,168.79
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
1,129.42
+5.28%
1,072.77
+6.28%
1,009.37
+9.70%
920.13
Cash Flow From Continuing Operating Activities
1,129.42
+5.28%
1,072.77
+6.28%
1,009.37
+9.70%
920.13
Net Income From Continuing Operations
850.36
+5.29%
807.65
+6.92%
755.37
+7.41%
703.28
Depreciation Amortization Depletion
282.94
+3.48%
273.42
-1.09%
276.42
+8.59%
254.55
Depreciation And Amortization
282.94
+3.48%
273.42
-1.09%
276.42
+8.59%
254.55
Other Non Cash Items
-25.32
+69.93%
-84.20
-60.05%
-52.61
-296.23%
-13.28
Stock Based Compensation
21.18
-12.70%
24.26
+6.07%
22.87
+11.97%
20.43
Provisionand Write Offof Assets
8.66
-76.74%
37.25
+476.60%
6.46
-6.34%
6.90
Deferred Tax
—
—
0.00
0.00
Deferred Income Tax
—
—
0.00
0.00
Operating Gains Losses
3.61
+195.15%
-3.79
-809.74%
0.53
+100.86%
-61.99
Gain Loss On Investment Securities
-0.05
—
—
—
Gain Loss On Sale Of PPE
-0.12
+96.70%
-3.79
-17127.27%
-0.02
+99.97%
-67.48
Change In Working Capital
-12.01
-166.08%
18.18
+5562.62%
0.32
-96.87%
10.24
Change In Payables And Accrued Expense
3.38
-84.08%
21.25
+943.15%
2.04
-80.10%
10.24
Change In Accrued Expense
0.50
-97.79%
22.64
+2677.91%
0.81
-92.23%
10.49
Change In Payable
2.88
+307.12%
-1.39
-213.83%
1.22
+586.85%
-0.25
Change In Account Payable
2.88
+307.12%
-1.39
-213.83%
1.22
+586.85%
-0.25
Change In Other Current Assets
-22.60
-121.59%
-10.20
-28.33%
-7.95
-167.48%
11.78
Change In Other Current Liabilities
7.20
+1.09%
7.13
+14.36%
6.23
+152.93%
-11.77
Investing Cash Flow
-308.76
+80.77%
-1,605.94
-146.76%
-650.83
-83.60%
-354.49
Cash Flow From Continuing Investing Activities
-308.76
+80.77%
-1,605.94
-146.76%
-650.83
-83.60%
-354.49
Net PPE Purchase And Sale
0.12
0.00
0.00
-100.00%
148.71
Sale Of PPE
0.12
0.00
0.00
-100.00%
148.71
Capital Expenditure
-304.44
-667.09%
-39.69
+16.34%
-47.44
-97.46%
-24.02
Capital Expenditure Reported
-304.44
-667.09%
-39.69
+16.34%
-47.44
-97.46%
-24.02
Net Investment Purchase And Sale
365.90
+148.56%
-753.48
-651.96%
-100.20
+22.35%
-129.05
Purchase Of Investment
-184.10
+83.18%
-1,094.46
-992.25%
-100.20
+22.35%
-129.05
Sale Of Investment
550.00
+61.30%
340.98
0.00
0.00
Net Business Purchase And Sale
0.00
+100.00%
-46.75
0.00
0.00
Purchase Of Business
0.00
+100.00%
-48.55
0.00
—
Net Other Investing Changes
-85.34
+31.82%
-125.16
-212.90%
-40.00
-126.90%
148.71
Financing Cash Flow
-1,058.98
-439.61%
311.82
+261.10%
86.35
+108.22%
-1,051.15
Cash Flow From Continuing Financing Activities
-1,058.98
-439.61%
311.82
+261.10%
86.35
+108.22%
-1,051.15
Net Issuance Payments Of Debt
-533.86
-150.44%
1,058.32
+114.83%
492.63
+158.16%
-847.05
Issuance Of Debt
1,292.16
-15.10%
1,521.94
+41.21%
1,077.78
+154.19%
424.00
Repayment Of Debt
-1,826.02
-293.86%
-463.62
+20.77%
-585.15
+53.96%
-1,271.05
Long Term Debt Issuance
1,292.16
-15.10%
1,521.94
+41.21%
1,077.78
+154.19%
424.00
Long Term Debt Payments
-1,826.02
-293.86%
-463.62
+20.77%
-585.15
+53.96%
-1,271.05
Net Long Term Debt Issuance
-533.86
-150.44%
1,058.32
+114.83%
492.63
+158.16%
-847.05
Net Common Stock Issuance
402.79
+171.76%
148.22
-68.41%
469.21
-23.24%
611.26
Common Stock Dividend Paid
-871.87
-4.95%
-830.72
+0.39%
-833.98
-8.19%
-770.86
Cash Dividends Paid
-871.87
-4.95%
-830.72
+0.39%
-833.98
-8.19%
-770.86
Net Other Financing Charges
-40.66
-3.42%
-39.31
-4.70%
-37.55
-15.22%
-32.59
Changes In Cash
-238.32
-7.67%
-221.35
-149.75%
444.90
+191.64%
-485.51
Beginning Cash Position
462.63
-32.36%
683.98
+186.09%
239.08
-67.00%
724.60
End Cash Position
224.31
-51.51%
462.63
-32.36%
683.98
+186.09%
239.08
Free Cash Flow
824.97
-20.14%
1,033.08
+7.40%
961.93
+7.35%
896.10
Change In Dividend Payable
—
—
1.22
+586.85%
-0.25
Change In Income Tax Payable
—
—
—
—
Change In Interest Payable
0.50
-97.79%
22.64
+2677.91%
0.81
-92.23%
10.49
Change In Tax Payable
—
—
—
—
Common Stock Issuance
402.79
+171.76%
148.22
-68.41%
469.21
-23.24%
611.26
Interest Paid CFF
-15.39
+37.66%
-24.68
-522.42%
-3.97
+66.69%
-11.91
Issuance Of Capital Stock
402.79
+171.76%
148.22
-68.41%
469.21
-23.24%
611.26
Net Investment Properties Purchase And Sale
-285.00
+55.53%
-640.86
-38.36%
-463.19
-32.29%
-350.13
Purchase Of Investment Properties
-285.00
+55.53%
-640.86
-38.36%
-463.19
-32.29%
-350.13
Sale Of Business
0.00
-100.00%
1.80
0.00
0.00
Cash Flow From Discontinued Operation
—
—
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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