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

Posted by Brian Himes on Jul 31st, 2026

Gaming and Leisure Properties (NASDAQ:GLPI – Get Free Report) posted its earnings results on Thursday. The real estate investment trust reported $0.80 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.80, FiscalAI reports. Gaming and Leisure Properties had a return on equity of 18.06% and a net margin of 55.56%.The business had revenue of $430.52 million for the quarter, compared to analyst estimates of $428.51 million. During the same period in the previous year, the firm earned $0.96 EPS. The firm’s revenue was up 9.0% compared to the same quarter last year. Gaming and Leisure Properties updated its FY 2026 guidance to 4.100-4.120 EPS.

Gaming and Leisure Properties Stock Performance

GLPI traded down $0.56 during trading hours on Friday, hitting $44.16. The stock had a trading volume of 881,014 shares, compared to its average volume of 2,307,988. Gaming and Leisure Properties has a 1 year low of $41.17 and a 1 year high of $49.95. The company’s fifty day simple moving average is $45.51 and its 200 day simple moving average is $46.27. The stock has a market cap of $12.51 billion, a PE ratio of 14.04, a price-to-earnings-growth ratio of 2.03 and a beta of 0.66. The company has a quick ratio of 6.29, a current ratio of 6.29 and a debt-to-equity ratio of 1.62.

Gaming and Leisure Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 12th were issued a $0.82 dividend. This is an increase from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. The ex-dividend date of this dividend was Friday, June 12th. This represents a $3.28 annualized dividend and a yield of 7.4%. Gaming and Leisure Properties’s payout ratio is 104.13%.

Analysts Set New Price Targets

Several brokerages recently commented on GLPI. Weiss Ratings raised shares of Gaming and Leisure Properties from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday. JPMorgan Chase & Co. cut their price objective on shares of Gaming and Leisure Properties from $53.00 to $51.00 and set an “overweight” rating for the company in a report on Tuesday, June 30th. Wells Fargo & Company cut their price target on Gaming and Leisure Properties from $48.00 to $45.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 15th. Scotiabank dropped their price target on Gaming and Leisure Properties from $52.00 to $49.00 and set a “sector perform” rating for the company in a research note on Thursday, June 18th. Finally, Barclays cut their price target on shares of Gaming and Leisure Properties from $53.00 to $50.00 and set an “overweight” rating for the company in a report on Wednesday, July 22nd. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $50.40.

Read Our Latest Research Report on Gaming and Leisure Properties

More Gaming and Leisure Properties News

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

Positive Sentiment: GLPI reported record second-quarter results, with revenue of $430.52 million, up 9% year over year and above the $428.51 million analyst estimate. Gaming and Leisure Properties Reports Record Second Quarter Results and Updates 2026 Full Year Guidance
Positive Sentiment: Quarterly funds from operations were $1.03 per share, exceeding the $1.02 consensus estimate and improving from $0.96 a year earlier, an important positive for the real estate investment trust’s cash-generating ability. Gaming and Leisure Properties Surpasses Q2 FFO and Revenue Estimates
Positive Sentiment: Management raised or reaffirmed full-year 2026 EPS guidance at $4.10-$4.12, above the analyst consensus of $4.01, signaling confidence in the company’s earnings outlook.
Neutral Sentiment: Reported EPS of $0.80 matched expectations, while the company maintained strong profitability, including a 55.56% net margin and 18.06% return on equity.
Neutral Sentiment: Brokerages collectively assigned GLPI an average “Hold” recommendation, suggesting limited near-term conviction among analysts despite the improved guidance. Gaming and Leisure Properties Given Average Recommendation of Hold
Negative Sentiment: EPS declined from $0.96 in the comparable quarter last year to $0.80, which may be weighing on the stock even though revenue and FFO increased.

Insider Transactions at Gaming and Leisure Properties

In other news, Director E Scott Urdang sold 3,000 shares of Gaming and Leisure Properties stock in a transaction 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 completion of the transaction, the director directly owned 127,429 shares in the company, valued at approximately $6,157,369.28. The trade was a 2.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 4.11% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in GLPI. Corient Private Wealth LLC lifted its holdings in shares of Gaming and Leisure Properties by 538.0% in the fourth quarter. Corient Private Wealth LLC now owns 120,920 shares of the real estate investment trust’s stock worth $5,404,000 after buying an additional 101,966 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in Gaming and Leisure Properties by 18.2% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 122,901 shares of the real estate investment trust’s stock worth $5,492,000 after acquiring an additional 18,965 shares during the period. EP Wealth Advisors LLC bought a new position in Gaming and Leisure Properties in the 4th quarter valued at $1,733,000. Fuller & Thaler Asset Management Inc. grew its position in shares of Gaming and Leisure Properties by 32.5% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 119,727 shares of the real estate investment trust’s stock valued at $5,351,000 after purchasing an additional 29,343 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in Gaming and Leisure Properties by 10,555.7% during the fourth quarter. NewEdge Advisors LLC now owns 7,459 shares of the real estate investment trust’s stock valued at $333,000 after buying an additional 7,389 shares during the period. Institutional investors own 91.14% of the company’s stock.

Gaming and Leisure Properties Company Profile

(Get Free Report)

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.