Barclays Issues Pessimistic Forecast for Gaming and Leisure Properties (NASDAQ:GLPI) Stock Price

Key Points

• Barclays cut its price target on Gaming and Leisure Properties from $53 to $52 but kept an "overweight" rating, implying roughly a 9.3% upside from the prior close.
• GLPI slightly beat quarterly estimates with $0.99 EPS vs. $0.98 and $407.03M revenue, and set FY‑2026 guidance of 4.06–4.11 EPS, which is above the analyst estimate cited (~3.81 EPS).
• The stock traded at $47.58 (down ~1.6%); analysts maintain a consensus "Moderate Buy" with an average target of $52.32, while insiders have sold about 69,042 shares (~$3.2M) in the past 90 days.

Gaming and Leisure Properties (NASDAQ:GLPI - Get Free Report) had its price target cut by equities researchers at Barclays from $53.00 to $52.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has an "overweight" rating on the real estate investment trust's stock. Barclays's price target would suggest a potential upside of 9.28% from the company's previous close.

Several other equities research analysts also recently weighed in on the stock. Stifel Nicolaus set a $48.50 price target on shares of Gaming and Leisure Properties in a research note on Thursday, February 12th. UBS Group restated a "buy" rating on shares of Gaming and Leisure Properties in a research note on Thursday, January 8th. Royal Bank Of Canada boosted their target price on Gaming and Leisure Properties from $53.00 to $54.00 and gave the company an "outperform" rating in a research report on Monday, February 23rd. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Gaming and Leisure Properties in a research note on Thursday, January 22nd. Finally, Mizuho increased their price target on Gaming and Leisure Properties from $50.00 to $53.00 and gave the stock an "outperform" rating in a report on Wednesday. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Gaming and Leisure Properties has a consensus rating of "Moderate Buy" and an average price target of $52.32.

Gaming and Leisure Properties Trading Down 1.6%

GLPI traded down $0.78 during trading on Friday, hitting $47.58. The company's stock had a trading volume of 1,889,673 shares, compared to its average volume of 2,455,729. Gaming and Leisure Properties has a twelve month low of $41.17 and a twelve month high of $51.44. The company has a quick ratio of 3.84, a current ratio of 3.84 and a debt-to-equity ratio of 1.45. The stock's fifty day moving average price is $46.45 and its 200-day moving average price is $45.66. The firm has a market capitalization of $13.48 billion, a P/E ratio of 16.35, a PEG ratio of 2.13 and a beta of 0.64.

Gaming and Leisure Properties (NASDAQ:GLPI - Get Free Report) last announced its quarterly earnings data on Thursday, February 19th. The real estate investment trust reported $0.99 EPS for the quarter, topping the consensus estimate of $0.98 by $0.01. Gaming and Leisure Properties had a net margin of 52.24% and a return on equity of 17.10%. The company had revenue of $407.03 million during the quarter, compared to the consensus estimate of $406.02 million. During the same quarter last year, the firm posted $0.95 EPS. The company's quarterly revenue was up 4.5% on a year-over-year basis. Gaming and Leisure Properties has set its FY 2026 guidance at 4.060-4.110 EPS. Analysts anticipate that Gaming and Leisure Properties will post 3.81 EPS for the current year.

Insider Buying and Selling

In other news, Director E Scott Urdang sold 4,000 shares of the business's stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $47.37, for a total value of $189,480.00. Following the transaction, the director 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Brandon John Moore sold 16,884 shares of the company's stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $48.05, for a total value of $811,276.20. Following the completion of the transaction, the chief operating officer directly owned 257,874 shares of the company's stock, valued at approximately $12,390,845.70. This represents a 6.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 69,042 shares of company stock valued at $3,203,844 in the last 90 days. Insiders own 4.26% of the company's stock.

Institutional Investors Weigh In On Gaming and Leisure Properties

Large investors have recently made changes to their positions in the business. AE Wealth Management LLC increased its holdings in Gaming and Leisure Properties by 38.0% in the 2nd quarter. AE Wealth Management LLC now owns 10,871 shares of the real estate investment trust's stock worth $507,000 after acquiring an additional 2,993 shares during the last quarter. ProShare Advisors LLC lifted its holdings in Gaming and Leisure Properties by 4.2% during the second quarter. ProShare Advisors LLC now owns 12,185 shares of the real estate investment trust's stock valued at $569,000 after purchasing an additional 494 shares during the last quarter. National Pension Service lifted its holdings in Gaming and Leisure Properties by 1.7% during the second quarter. National Pension Service now owns 215,730 shares of the real estate investment trust's stock valued at $10,070,000 after purchasing an additional 3,570 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its position in Gaming and Leisure Properties by 9.2% during the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 160,616 shares of the real estate investment trust's stock worth $7,498,000 after purchasing an additional 13,490 shares during the period. Finally, Geode Capital Management LLC increased its stake in shares of Gaming and Leisure Properties by 7.5% in the second quarter. Geode Capital Management LLC now owns 6,948,979 shares of the real estate investment trust's stock worth $323,683,000 after purchasing an additional 483,174 shares in the last quarter. 91.14% of the stock is owned by hedge funds and other institutional investors.

Gaming and Leisure Properties Company Profile

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.

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