Gaming and Leisure (GLPI) AI Stock Analysis

• Market Cap: $12.99B
• Dividend Yield: 6.67%
• Average Volume (3M): 1.63M
• Price to Earnings (P/E): 17.6
• Beta (1Y): 0.35
• Revenue Growth: 5.38%
• EPS Growth: -9.82%
• Country: US
• Employees: 19
• Sector: Real Estate
• Sector Strength: 47
• Industry: REIT - Specialty
• EPS (TTM): 0.54
• Shares Outstanding: 283,008,240
• 10 Day Avg. Volume: 1,371,143
• 30 Day Avg. Volume: 1,629,854
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.53
• Enterprise Value/Revenue: 12.74
• Enterprise Value/Gross Profit: 13.76
• Enterprise Value/Ebitda: 14.56
• 1Y Price Target: $51.87
• Price Target Upside: 13.01% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 13

• Rating: 71 Outperform
• Price Target: $51.00 ▲(11.11% Upside)

Gaming and Leisure Properties, Inc. shows strong financial performance with robust revenue growth and profitability, which is the most significant factor in its overall score. However, technical indicators suggest a bearish trend, and mixed earnings call results with tenant risks and increased expenses present challenges. Valuation is reasonable with an attractive dividend yield, but recent corporate events introduce some strategic uncertainty.

Positive Factors

Dividends

The dividend was raised by 2.6%.

Financial Flexibility

GLPI has ~$409m of unsettled proceeds anticipated to be settled soon, which could enhance financial flexibility.

Investment and Development

GLPI is investing $130 million in the new Hollywood Casino Joliet project, indicating ongoing investment in new developments.

Negative Factors

Investment Guidance

The new investment guide of $375m is lower, likely due to delays on Bally's Chicago, reflecting potential challenges in meeting investment expectations.

Project Delays

The delay of the flagship project of Bally's Chicago has impacted growth expectations, reducing the projected growth rate to below the group average.

Strategic Leadership

The position of SVP and Chief Investment Officer was eliminated, raising questions about the company's strategic leadership.

Gaming and Leisure Business Overview & Revenue Model

Company Description

GLPI 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.

How the Company Makes Money

GLPI generates revenue primarily through rental income from its leased properties. The company enters into long-term lease agreements with casino operators, which typically include fixed rent escalations and additional rent based on the performance of the properties. This structure provides GLPI with a consistent cash flow. Key revenue streams include base rental payments and income from property management services. Additionally, GLPI may benefit from strategic partnerships with gaming operators that enhance property value and operational efficiency. The company's focus on stable, cash-flowing assets in the gaming sector, along with its diversified portfolio, plays a significant role in driving its overall earnings.

Gaming and Leisure Financial Statement Overview

Summary

Gaming and Leisure demonstrates strong financial performance with high profitability and efficient operations. Despite a slight decline in revenue growth, the company maintains solid profit margins and a prudent balance sheet with low leverage. Cash flow management is effective, though there is room for improvement in free cash flow generation.

Income Statement

Gaming and Leisure has shown robust financial growth with a strong gross profit margin of 93.4% for TTM (Trailing-Twelve-Months) and a net profit margin of 51.8%, indicating high profitability. The revenue growth rate over the past year was slightly negative at -2.3%, but the company maintains a solid EBIT margin of 75.9% and an EBITDA margin of 90.0%, signaling effective cost management and operational efficiency.

Balance Sheet

The company exhibits a moderate debt-to-equity ratio of 0.07 and a return on equity (ROE) of 18.4% for TTM, reflecting a healthy balance between debt and equity financing and decent returns to shareholders. The equity ratio stands at 34.7%, indicating a stable financial structure. However, attention should be given to leverage ratios to ensure long-term financial health.

Cash Flow

Gaming and Leisure demonstrates strong cash flow management with a free cash flow to net income ratio of 1.00 and an operating cash flow to net income ratio of 1.05 for TTM, highlighting excellent cash conversion capabilities. The free cash flow growth rate was -24.9% year-over-year, suggesting room for improvement in generating cash from operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.57B	1.53B	1.44B	1.31B	1.22B	1.15B
Gross Profit	1.45B	1.48B	1.39B	1.26B	1.13B	1.07B
EBITDA	1.37B	1.40B	1.34B	1.22B	1.07B	1.01B
Net Income	718.53M	784.62M	734.28M	684.65M	534.05M	505.71M
Balance Sheet
Total Assets	12.49B	13.08B	11.81B	10.93B	10.69B	9.03B
Cash, Cash Equivalents and Short-Term Investments	604.16M	1.02B	683.98M	239.08M	724.60M	486.45M
Total Debt	7.20B	8.04B	6.88B	6.36B	6.79B	5.91B
Total Liabilities	7.56B	8.43B	7.30B	6.81B	7.30B	6.36B
Stockholders Equity	4.55B	4.27B	4.16B	3.78B	3.19B	2.68B
Cash Flow
Free Cash Flow	1.04B	1.03B	961.93M	896.10M	787.58M	424.47M
Operating Cash Flow	1.11B	1.07B	1.01B	920.13M	803.78M	428.08M
Investing Cash Flow	-500.83M	-1.61B	-650.83M	-354.49M	-1.03B	-9.49M
Financing Cash Flow	-98.18M	311.82M	86.35M	-1.05B	443.07M	63.17M

Gaming and Leisure Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 45.90
• 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 45.9 is below the 20-day moving average (MA) of 46.36, below the 50-day MA of 46.69, and below the 200-day MA of 47.23, indicating a bearish trend. The MACD of -0.28 indicates Positive momentum. The RSI at 45.43 is Neutral, neither overbought nor oversold. The STOCH value of 38.40 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
GLPI	71 Outperform	$12.99B	17.63	16.52%	6.67%	5.38%	-9.82%
RYN	71 Outperform	$4.09B	11.34	36.96%	10.98%	9.90%	137.73%
LAMR	70 Outperform	$12.27B	28.26	41.80%	5.07%	3.08%	-12.87%
EPR	69 Neutral	$4.04B	26.05	7.56%	6.54%	1.37%	-16.66%
PCH	69 Neutral	$3.38B	83.00	2.07%	4.11%	-1.15%	14.51%
Sector *	63 Neutral	$6.83B	13.33	-1.02%	7.20%	3.67%	-27.11%
WY	60 Neutral	$18.98B	68.45	2.85%	3.12%	-6.57%	-62.32%

Gaming and Leisure Corporate Events

Gaming and Leisure Restructures Leadership with Key Departure

On July 18, 2025, Gaming and Leisure Properties, Inc. announced the elimination of the Senior Vice President and Chief Investment Officer position, affecting Matthew J. Demchyk. A separation agreement was reached, with Mr. Demchyk’s last day set for August 1, 2025. The agreement includes a cash severance package totaling $6,250,000, distributed over a period extending to August 2026, along with continued medical benefits for up to 24 months. This restructuring move may impact the company’s investment strategies and operational focus, potentially influencing stakeholder perceptions.

The most recent analyst rating on (GLPI) stock is a Hold with a $52.00 price target. To see the full list of analyst forecasts on Gaming and Leisure stock, see the GLPI Stock Forecast page.

Gaming and Leisure Shareholders Approve Incentive Plan Amendments

On June 12, 2025, during its Annual Meeting of Shareholders, Gaming and Leisure Properties, Inc. received approval for amendments to its 2013 Long-Term Incentive Compensation Plan, including an increase in reserved shares and changes to share provisions. Additionally, all director nominees were re-elected, and Deloitte & Touche LLP was ratified as the independent registered public accounting firm for 2025. These approvals and re-elections strengthen the company’s governance framework and support its strategic objectives, potentially impacting shareholder value and operational efficiency.

The most recent analyst rating on (GLPI) stock is a Hold with a $54.00 price target. To see the full list of analyst forecasts on Gaming and Leisure stock, see the GLPI Stock Forecast page.