Gaming and Leisure Properties (NASDAQ:GLPI) Announces Earnings Results, Hits Expectations

Gaming and Leisure Properties (NASDAQ:GLPI) released its quarterly earnings results on Thursday. The real estate investment trust reported $0.80 EPS for the quarter, meeting analysts’ consensus estimates of $0.80, FiscalAI reports. The business had revenue of $430.52 million during the quarter, compared to analyst estimates of $428.51 million. Gaming and Leisure Properties had a return on equity of 19.53% and a net margin of 59.01%.Gaming and Leisure Properties’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.96 EPS. Gaming and Leisure Properties updated its FY 2026 guidance to 4.100-4.120 EPS.

Gaming and Leisure Properties Stock Performance

Shares of GLPI stock traded up $0.08 during trading hours on Friday, hitting $44.79. 3,386,412 shares of the company were exchanged, compared to its average volume of 2,400,875. The company has a current ratio of 6.29, a quick ratio of 6.29 and a debt-to-equity ratio of 1.62. The stock has a market capitalization of $12.69 billion, a price-to-earnings ratio of 13.13, a P/E/G ratio of 1.98 and a beta of 0.66. The firm has a fifty day simple moving average of $45.45 and a 200 day simple moving average of $46.26. Gaming and Leisure Properties has a 52-week low of $41.17 and a 52-week high of $49.95.

Gaming and Leisure Properties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 12th were paid a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 7.3%. The ex-dividend date was Friday, June 12th. This is an increase from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. Gaming and Leisure Properties’s dividend payout ratio (DPR) is 96.19%.

Key Gaming and Leisure Properties News

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

• Positive Sentiment: 2026 guidance is above expectations. GLPI raised or reaffirmed full-year 2026 EPS guidance at $4.10-$4.12, above the $4.01 analyst consensus. The forecast provides a favorable signal for earnings visibility and may support the valuation. GLPI Reports Record Second Quarter Results and Updates 2026 Full-Year Guidance
• Positive Sentiment: Quarterly operating results exceeded expectations. Second-quarter revenue increased 9% year over year to $430.5 million, surpassing the $428.5 million consensus estimate. Funds from operations (FFO) rose to $1.03 per share from $0.96 a year earlier and exceeded estimates by one cent, reinforcing the strength of GLPI’s recurring real-estate income model. GLPI Surpasses Q2 FFO and Revenue Estimates
• Neutral Sentiment: Broker sentiment remains cautious. Analysts collectively rate GLPI “Hold,” indicating that the improved outlook may already be reflected in the stock price and that brokers see limited near-term upside. GLPI Given Average Hold Recommendation
• Negative Sentiment: GAAP EPS declined year over year. Reported EPS of $0.80 matched expectations but fell from $0.96 in the prior-year quarter, tempering the otherwise strong revenue and FFO performance. GLPI Second-Quarter and First-Half Results

Wall Street Analyst Weigh In

Several brokerages have recently commented on GLPI. Morgan Stanley increased their target price on shares of 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. JPMorgan Chase & Co. cut their price target on shares of Gaming and Leisure Properties from $53.00 to $51.00 and set an “overweight” rating on the stock in a report on Tuesday, June 30th. Scotiabank reduced their price objective on shares of Gaming and Leisure Properties from $52.00 to $49.00 and set a “sector perform” rating for the company in a research report on Thursday, June 18th. UBS Group set a $49.00 price objective on shares of Gaming and Leisure Properties in a research note on Thursday, June 18th. Finally, Wells Fargo & Company dropped their target price on shares of Gaming and Leisure Properties from $48.00 to $45.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 15th. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $50.40.

Insider Buying and Selling

In related news, Director E Scott Urdang sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $48.32, for a total value of $144,960.00. Following the transaction, the director owned 127,429 shares in the company, valued at approximately $6,157,369.28. This represents a 2.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 4.11% of the company’s stock.

Institutional Trading of Gaming and Leisure Properties

Hedge funds have recently made changes to their positions in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Gaming and Leisure Properties by 711.8% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,369,851 shares of the real estate investment trust’s stock worth $110,459,000 after acquiring an additional 2,077,937 shares during the period. Bank of America Corp DE lifted its holdings in Gaming and Leisure Properties by 175.7% during the third quarter. Bank of America Corp DE now owns 2,364,746 shares of the real estate investment trust’s stock valued at $110,221,000 after purchasing an additional 1,507,006 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Gaming and Leisure Properties by 229.2% during the fourth quarter. AQR Capital Management LLC now owns 1,981,347 shares of the real estate investment trust’s stock valued at $88,546,000 after purchasing an additional 1,379,425 shares during the last quarter. Deutsche Bank AG boosted its position in Gaming and Leisure Properties by 211.5% during the fourth quarter. Deutsche Bank AG now owns 1,640,463 shares of the real estate investment trust’s stock worth $73,312,000 after purchasing an additional 1,113,889 shares during the period. Finally, Long Pond Capital LP purchased a new position in shares of Gaming and Leisure Properties in the fourth quarter worth about $44,413,000. 91.14% of the stock is currently owned by institutional investors.

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.