Gaming and Leisure Properties (NASDAQ:GLPI) Updates FY 2026 Earnings Guidance

Gaming and Leisure Properties (NASDAQ:GLPI) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 4.080-4.120 for the period, compared to the consensus earnings per share estimate of 3.980. The company issued revenue guidance of -.

Gaming and Leisure Properties Stock Up 1.3%

GLPI traded up $0.61 on Friday, hitting $47.25. The company had a trading volume of 86,077 shares, compared to its average volume of 2,329,698. The company has a debt-to-equity ratio of 1.45, a current ratio of 3.84 and a quick ratio of 3.84. Gaming and Leisure Properties has a 52-week low of $41.17 and a 52-week high of $49.95. The stock has a fifty day simple moving average of $46.96 and a 200-day simple moving average of $45.40. The firm has a market capitalization of $13.38 billion, a P/E ratio of 16.26, a P/E/G ratio of 2.05 and a beta of 0.68.

Gaming and Leisure Properties (NASDAQ:GLPI) last released its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.06. Gaming and Leisure Properties had a net margin of 52.24% and a return on equity of 17.10%. The firm had revenue of $419.99 million during the quarter, compared to analyst estimates of $417.15 million. During the same period last year, the business earned $0.96 earnings per share. The business’s revenue was up 6.3% on a year-over-year basis. Gaming and Leisure Properties has set its FY 2026 guidance at 4.080-4.120 EPS. As a group, equities analysts expect that Gaming and Leisure Properties will post 3.99 EPS for the current fiscal year.

Gaming and Leisure Properties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were issued a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 6.6%. The ex-dividend date was Friday, March 13th. Gaming and Leisure Properties’s dividend payout ratio (DPR) is presently 107.22%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Stifel Nicolaus set a $48.50 target price on shares of Gaming and Leisure Properties in a report on Thursday, February 12th. Scotiabank lifted their target price on shares of Gaming and Leisure Properties from $48.00 to $50.00 and gave the company a “sector perform” rating in a report on Tuesday, March 10th. Mizuho lifted their target price on shares of Gaming and Leisure Properties from $50.00 to $53.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. UBS Group reiterated a “buy” rating on shares of Gaming and Leisure Properties in a report on Thursday, January 8th. Finally, Barclays lifted their target price on shares of Gaming and Leisure Properties from $52.00 to $53.00 and gave the company an “overweight” rating in a report on Tuesday. Six 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 stock has a consensus rating of “Moderate Buy” and a consensus target price of $52.41.

Insider Buying and Selling

In related news, Director E Scott Urdang sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $47.37, for a total value of $189,480.00. Following the completion of the transaction, the director directly owned 130,429 shares in the company, valued at $6,178,421.73. The trade was a 2.98% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Brandon John Moore sold 16,884 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $48.05, for a total transaction of $811,276.20. Following the completion of the transaction, the chief operating officer owned 257,874 shares of the company’s stock, valued at approximately $12,390,845.70. The trade was a 6.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 32,178 shares of company stock worth $1,552,938 in the last three months. Insiders own 4.26% of the company’s stock.

Hedge Funds Weigh In On Gaming and Leisure Properties

A number of hedge funds have recently added to or reduced their stakes in the company. Kestra Private Wealth Services LLC raised its holdings in Gaming and Leisure Properties by 0.9% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 27,307 shares of the real estate investment trust’s stock worth $1,273,000 after acquiring an additional 245 shares during the last quarter. Norinchukin Bank The raised its holdings in Gaming and Leisure Properties by 2.2% in the 3rd quarter. Norinchukin Bank The now owns 13,508 shares of the real estate investment trust’s stock worth $630,000 after acquiring an additional 294 shares during the last quarter. Principal Securities Inc. grew its position in Gaming and Leisure Properties by 5.9% in the 4th quarter. Principal Securities Inc. now owns 5,343 shares of the real estate investment trust’s stock worth $239,000 after purchasing an additional 298 shares during the period. Lansforsakringar Fondforvaltning AB publ grew its position in Gaming and Leisure Properties by 0.4% in the 4th quarter. Lansforsakringar Fondforvaltning AB publ now owns 85,715 shares of the real estate investment trust’s stock worth $3,831,000 after purchasing an additional 383 shares during the period. Finally, Parallel Advisors LLC grew its position in Gaming and Leisure Properties by 13.1% in the 4th quarter. Parallel Advisors LLC now owns 4,183 shares of the real estate investment trust’s stock worth $187,000 after purchasing an additional 486 shares during the period. 91.14% of the stock is currently owned by hedge funds and other 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.