Gaming and Leisure (GLPI) AI Stock Analysis

• Market Cap: $11.70B
• Dividend Yield: 7.37%
• Average Volume (3M): 2.44M
• Price to Earnings (P/E): 14.9
• Beta (1Y): 0.30
• Revenue Growth: 4.39%
• EPS Growth: -2.87%
• Country: US
• Employees: 19
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Specialty
• EPS (TTM): 0.85
• Shares Outstanding: 283,008,330
• 10 Day Avg. Volume: 2,457,907
• 30 Day Avg. Volume: 2,443,580
• PEG Ratio: 5.17
• Price to Book (P/B): 3.08
• Price to Sales (P/S): 8.58
• P/FCF Ratio: 12.72
• Enterprise Value/Market Cap: 1.76
• Enterprise Value/Revenue: 13.05
• Enterprise Value/Gross Profit: 13.51
• Enterprise Value/Ebitda: 14.16
• 1Y Price Target: $50.65
• Price Target Upside: 20.48% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 11
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: $46.00 ▲(9.42% Upside)

Gaming and Leisure Properties, Inc. shows strong financial performance and attractive valuation, which are the primary drivers of its score. The positive earnings call further supports the stock's outlook. However, technical indicators suggest bearish momentum, which slightly offsets the positive aspects.

Positive Factors

Revenue Growth

The company's recent transactions are expected to add over 5% to annualized cash rent, indicating strong revenue growth and expansion potential.

Strong Financial Performance

The increase in income from real estate and decreased operating expenses highlight GLPI's robust financial performance and operational efficiency.

Solid Balance Sheet

A solid balance sheet with a low leverage ratio provides financial flexibility, supporting long-term growth and investment opportunities.

Negative Factors

Declining Free Cash Flow

A decline in free cash flow could limit future investments or debt repayments, potentially impacting long-term financial health.

High Debt Levels

High debt levels can strain financial flexibility and increase vulnerability to interest rate hikes, affecting long-term stability.

Project Delays

Delays in major projects like Chicago development can hinder revenue growth and affect the company's strategic expansion plans.

Gaming and Leisure Business Overview & Revenue Model

Company Description

Gaming & Leisure Properties, Inc. engages in the provision of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company was founded on February 13, 2013 and is headquartered in Wyomissing, PA.

How the Company Makes Money

GLPI generates revenue primarily through long-term triple-net leases with gaming operators, which require tenants to cover property expenses such as maintenance, taxes, and insurance. This structure provides GLPI with a steady and predictable income stream. Additionally, the company may earn income from property sales and financing activities related to its portfolio. Significant partnerships with major gaming operators enhance its revenue potential, as these operators are often well-established and financially stable, thus reducing the risk of default on lease agreements.

Gaming and Leisure Financial Statement Overview

Summary

Gaming and Leisure demonstrates strong revenue growth and profitability with a high gross profit margin. The balance sheet is solid with improved leverage, but high debt levels and declining free cash flow growth pose risks.

Income Statement

Gaming and Leisure has demonstrated strong revenue growth with a TTM increase of 7.84%, indicating robust business expansion. The company maintains high profitability with a gross profit margin of 70.66% and a net profit margin of 50.94% in the TTM period. However, there is a slight decline in margins compared to previous years, which could suggest rising costs or competitive pressures.

Balance Sheet

The balance sheet shows a healthy equity ratio of 35.79%, reflecting a solid capital structure. However, the debt-to-equity ratio has improved significantly to 1.71 in the TTM period, indicating better leverage management. Return on equity remains strong at 17.60%, showcasing efficient use of shareholder funds. Despite these strengths, the company still carries a substantial amount of debt, which could pose risks if interest rates rise.

Cash Flow

Operating cash flow remains strong with a coverage ratio of 1.64, indicating good cash generation relative to net income. However, free cash flow has declined by 4.33% in the TTM period, which could impact future investments or debt repayments. The free cash flow to net income ratio remains robust at 93.10%, suggesting efficient cash conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.58B	1.53B	1.44B	1.31B	1.22B	1.15B
Gross Profit	1.52B	1.48B	1.39B	1.26B	1.13B	1.07B
EBITDA	1.45B	1.45B	1.36B	1.28B	1.10B	1.03B
Net Income	775.03M	784.62M	734.28M	684.65M	534.05M	505.71M
Balance Sheet
Total Assets	12.79B	13.33B	11.81B	10.93B	10.69B	9.03B
Cash, Cash Equivalents and Short-Term Investments	751.72M	1.02B	683.98M	239.08M	724.60M	486.45M
Total Debt	7.51B	8.04B	6.88B	6.36B	6.79B	5.91B
Total Liabilities	7.83B	8.69B	7.30B	6.81B	7.30B	6.36B
Stockholders Equity	4.58B	4.27B	4.16B	3.78B	3.19B	2.68B
Cash Flow
Free Cash Flow	997.38M	1.03B	961.93M	896.10M	787.58M	424.47M
Operating Cash Flow	1.08B	1.07B	1.01B	920.13M	803.78M	428.08M
Investing Cash Flow	-95.31M	-1.61B	-650.83M	-354.49M	-1.03B	-9.49M
Financing Cash Flow	-725.69M	311.82M	86.35M	-1.05B	443.07M	63.17M

Gaming and Leisure Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 42.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GLPI, the sentiment is Negative. The current price of 42.04 is below the 20-day moving average (MA) of 42.48, below the 50-day MA of 43.48, and below the 200-day MA of 45.13, indicating a bearish trend. The MACD of -0.51 indicates Positive momentum. The RSI at 42.47 is Neutral, neither overbought nor oversold. The STOCH value of 21.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GLPI.

Gaming and Leisure Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EPR	75 Outperform	$3.86B	22.12	8.44%	6.95%	2.93%	-0.87%
CXW	73 Outperform	$1.95B	18.57	7.41%	―	5.72%	47.75%
GLPI	72 Outperform	$11.70B	14.85	17.54%	7.37%	4.39%	-2.87%
RYN	72 Outperform	$3.31B	8.86	38.06%	12.61%	8.88%	131.78%
OUT	69 Neutral	$3.37B	29.40	17.74%	5.07%	-1.48%	-50.05%
PCH	66 Neutral	$3.03B	47.84	3.25%	4.57%	5.40%	294.38%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%

Gaming and Leisure Corporate Events

Gaming and Leisure Appoints New Board Member

On December 4, 2025, Gaming and Leisure Properties, Inc. appointed Michael Borofsky as a new independent member of its Board of Directors, expanding the board to eight members, seven of whom are independent. Borofsky, founder of Mithrandir Ventures, brings extensive experience in gaming, entertainment, and technology sectors, which is expected to support the company’s growth and value creation for shareholders.