Scotiabank Forecasts Strong Price Appreciation for Gaming and Leisure Properties (NASDAQ:GLPI) Stock

Posted by Geri Gentry on Aug 15th, 2026

Gaming and Leisure Properties (NASDAQ:GLPI – Get Free Report) had its price target raised by equities researchers at Scotiabank from $49.00 to $50.00 in a report released on Thursday, MarketBeat reports. The firm presently has a “sector perform” rating on the real estate investment trust’s stock. Scotiabank’s target price would suggest a potential upside of 14.76% from the stock’s current price.

GLPI has been the subject of a number of other research reports. Royal Bank Of Canada decreased their price objective on shares of Gaming and Leisure Properties from $54.00 to $52.00 and set an “outperform” rating for the company in a research report on Monday, August 3rd. Weiss Ratings raised shares of Gaming and Leisure Properties from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, July 29th. UBS Group set a $49.00 target price on shares of Gaming and Leisure Properties in a report on Thursday, June 18th. JPMorgan Chase & Co. decreased 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 research note on Tuesday, June 30th. Finally, Morgan Stanley boosted their price target on shares of Gaming and Leisure Properties from $53.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Monday, July 6th. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $49.91.

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Gaming and Leisure Properties Price Performance

Shares of NASDAQ GLPI opened at $43.57 on Thursday. The business’s 50 day moving average price is $44.78 and its 200 day moving average price is $46.13. The firm has a market cap of $12.68 billion, a P/E ratio of 12.78, a P/E/G ratio of 1.83 and a beta of 0.66. Gaming and Leisure Properties has a 52 week low of $41.17 and a 52 week high of $49.95. The company has a quick ratio of 4.74, a current ratio of 4.74 and a debt-to-equity ratio of 1.51.

Gaming and Leisure Properties (NASDAQ:GLPI – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.80. The company had revenue of $430.52 million during the quarter, compared to analyst estimates of $428.51 million. Gaming and Leisure Properties had a net margin of 59.01% and a return on equity of 19.17%. Gaming and Leisure Properties’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period last year, the firm posted $0.96 EPS. Gaming and Leisure Properties has set its FY 2026 guidance at 4.100-4.120 EPS. On average, sell-side analysts expect that Gaming and Leisure Properties will post 4.03 earnings per share for the current year.

Insider Activity

In related news, Director E Scott Urdang sold 3,000 shares of Gaming and Leisure Properties stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $48.32, for a total value of $144,960.00. Following the completion of the transaction, the director owned 127,429 shares in the company, valued at $6,157,369.28. The trade was a 2.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 4.11% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in GLPI. BlackRock Inc. acquired a new position in Gaming and Leisure Properties in the second quarter valued at $1,596,811,000. Cohen & Steers Inc. acquired a new stake in shares of Gaming and Leisure Properties during the fourth quarter worth about $313,242,000. Norges Bank acquired a new stake in shares of Gaming and Leisure Properties during the fourth quarter worth about $167,743,000. Deutsche Bank AG purchased a new stake in shares of Gaming and Leisure Properties in the 2nd quarter valued at about $151,300,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Gaming and Leisure Properties in the 2nd quarter valued at about $111,960,000. 91.14% of the stock is owned by institutional investors and hedge funds.

About Gaming and Leisure Properties

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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.