Citizens Jmp Has Lowered Expectations for Gaming and Leisure Properties (NASDAQ:GLPI) Stock Price

Posted by Francis Steltz on Oct 2nd, 2026

Gaming and Leisure Properties (NASDAQ:GLPI – Get Free Report) had its price target lowered by investment analysts at Citizens Jmp from $55.00 to $49.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has a “market outperform” rating on the real estate investment trust’s stock. Citizens Jmp’s price target points to a potential upside of 30.35% from the stock’s current price.

Several other equities research analysts have also recently weighed in on GLPI. Stifel Nicolaus reduced their price target on Gaming and Leisure Properties from $50.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, July 31st. Cantor Fitzgerald decreased their price target on shares of Gaming and Leisure Properties from $52.00 to $48.00 and set a “neutral” rating for the company in a research note on Monday, August 10th. Barclays lowered 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 research report on Wednesday, July 22nd. UBS Group set a $49.00 price objective on shares of Gaming and Leisure Properties in a report on Thursday, June 18th. Finally, Royal Bank Of Canada decreased their target price on shares of Gaming and Leisure Properties from $54.00 to $52.00 and set an “outperform” rating for the company in a research note on Monday, August 3rd. Eight investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $47.83.

Check Out Our Latest Analysis on GLPI

Gaming and Leisure Properties Stock Performance

Gaming and Leisure Properties stock opened at $37.59 on Friday. The stock’s 50 day simple moving average is $42.09 and its two-hundred day simple moving average is $44.69. The company has a debt-to-equity ratio of 1.51, a quick ratio of 4.74 and a current ratio of 4.74. The stock has a market cap of $10.94 billion, a price-to-earnings ratio of 11.02, a PEG ratio of 1.59 and a beta of 0.65. Gaming and Leisure Properties has a fifty-two week low of $37.35 and a fifty-two week high of $49.95.

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

Insider Buying and Selling

In other news, Director Earl C. Shanks acquired 10,000 shares of Gaming and Leisure Properties stock in a transaction on Tuesday, August 18th. The stock was acquired at an average cost of $42.24 per share, for a total transaction of $422,400.00. Following the purchase, the director owned 107,259 shares in the company, valued at $4,530,620.16. This trade represents a 10.28% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 4.11% of the company’s stock.

Institutional Investors Weigh In On Gaming and Leisure Properties

A number of institutional investors have recently made changes to their positions in the company. QRG Capital Management Inc. raised its holdings in Gaming and Leisure Properties by 5.6% in the 2nd quarter. QRG Capital Management Inc. now owns 109,442 shares of the real estate investment trust’s stock worth $4,873,000 after acquiring an additional 5,788 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in Gaming and Leisure Properties by 11.3% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 11,372 shares of the real estate investment trust’s stock valued at $506,000 after acquiring an additional 1,151 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Gaming and Leisure Properties by 10.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 449,743 shares of the real estate investment trust’s stock valued at $20,026,000 after purchasing an additional 41,340 shares during the last quarter. Andra AP fonden boosted its stake in Gaming and Leisure Properties by 69.8% during the 2nd quarter. Andra AP fonden now owns 160,800 shares of the real estate investment trust’s stock valued at $7,160,000 after purchasing an additional 66,100 shares during the last quarter. Finally, State Street Corp increased its holdings in shares of Gaming and Leisure Properties by 2.3% in the 2nd quarter. State Street Corp now owns 13,477,304 shares of the real estate investment trust’s stock worth $600,144,000 after purchasing an additional 305,154 shares in the last quarter. Hedge funds and other institutional investors own 91.14% of the company’s stock.

About Gaming and Leisure Properties

(Get Free Report)

Gaming and Leisure Properties, Inc (NASDAQ: GLPI) is a real estate investment trust that owns and leases gaming and entertainment properties. The company generally leases its properties to casino operators under long-term, triple-net lease agreements, under which tenants are typically responsible for property-level operating expenses, maintenance, insurance and taxes.

GLPI’s portfolio primarily consists of casinos, racetracks and related facilities across the United States. Its tenants operate gaming, lodging, food and beverage, entertainment and other hospitality businesses, while GLPI focuses on owning the underlying real estate and managing its relationships with gaming operators.

The company was formed in 2013 through the separation of certain real estate assets from Penn National Gaming, now known as PENN Entertainment.