Gaming and Leisure Properties (NASDAQ:GLPI) Issues Earnings Results, Beats Estimates By $0.06 EPS

Key Points

• Gaming and Leisure Properties reported quarterly EPS of $0.82, beating estimates by $0.06 with revenue of $419.99M (up 6.3% YoY), and updated its FY2026 guidance to 4.080–4.120 EPS.
• The company pays a quarterly dividend of $0.78 (annualized $3.12) for a 6.7% yield, though its payout ratio is about 107.22%, which may raise sustainability concerns.
• Analysts have a consensus rating of Moderate Buy with an average target of $52.41 while the stock trades near $46.64, and insiders have recently sold shares.

Gaming and Leisure Properties (NASDAQ:GLPI - Get Free Report) issued its quarterly earnings data on Thursday. The real estate investment trust reported $0.82 EPS for the quarter, beating the consensus estimate of $0.76 by $0.06, FiscalAI reports. Gaming and Leisure Properties had a net margin of 52.24% and a return on equity of 17.10%. The business had revenue of $419.99 million during the quarter, compared to the consensus estimate of $417.15 million. During the same quarter in the prior year, the firm earned $0.96 EPS. The firm's revenue was up 6.3% compared to the same quarter last year. Gaming and Leisure Properties updated its FY 2026 guidance to 4.080-4.120 EPS.

Gaming and Leisure Properties Stock Performance

Shares of Gaming and Leisure Properties stock opened at $46.64 on Friday. The stock has a market cap of $13.21 billion, a price-to-earnings ratio of 16.03, a P/E/G ratio of 2.05 and a beta of 0.68. Gaming and Leisure Properties has a twelve month low of $41.17 and a twelve month high of $49.95. The company's fifty day moving average is $46.96 and its 200 day moving average is $45.40. The company has a quick ratio of 3.84, a current ratio of 3.84 and a debt-to-equity ratio of 1.45.

Gaming and Leisure Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 13th were paid a $0.78 dividend. The ex-dividend date of this dividend was Friday, March 13th. This represents a $3.12 annualized dividend and a dividend yield of 6.7%. Gaming and Leisure Properties's payout ratio is currently 107.22%.

Analyst Ratings Changes

GLPI has been the subject of several research analyst reports. Royal Bank Of Canada upped their price target on shares of Gaming and Leisure Properties from $53.00 to $54.00 and gave the stock an "outperform" rating in a report on Monday, February 23rd. UBS Group reissued a "buy" rating on shares of Gaming and Leisure Properties in a report on Thursday, January 8th. Mizuho boosted their price objective on Gaming and Leisure Properties from $50.00 to $53.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 11th. Stifel Nicolaus set a $48.50 target price on Gaming and Leisure Properties in a report on Thursday, February 12th. Finally, Scotiabank increased their target price on Gaming and Leisure Properties from $48.00 to $50.00 and gave the company a "sector perform" rating in a research report on Tuesday, March 10th. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $52.41.

Insiders Place Their Bets

In other Gaming and Leisure Properties news, COO Brandon John Moore sold 16,884 shares of the company's stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $48.05, for a total value of $811,276.20. Following the sale, the chief operating officer owned 257,874 shares in the company, valued at approximately $12,390,845.70. The trade was a 6.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director E Scott Urdang sold 4,000 shares of the stock in a transaction dated 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 sale, the director directly owned 130,429 shares of the company's stock, valued at approximately $6,178,421.73. The trade was a 2.98% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 32,178 shares of company stock valued at $1,552,938. 4.26% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC boosted its stake in shares of Gaming and Leisure Properties by 141.8% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 2,416 shares of the real estate investment trust's stock valued at $113,000 after purchasing an additional 1,417 shares during the last quarter. Quarry LP lifted its holdings in Gaming and Leisure Properties by 588.7% in the fourth quarter. Quarry LP now owns 3,099 shares of the real estate investment trust's stock valued at $138,000 after buying an additional 2,649 shares during the period. Parallel Advisors LLC lifted its holdings in Gaming and Leisure Properties by 70.9% in the third quarter. Parallel Advisors LLC now owns 3,697 shares of the real estate investment trust's stock valued at $172,000 after buying an additional 1,534 shares during the period. Polymer Capital Management HK LTD bought a new stake in Gaming and Leisure Properties during the third quarter valued at $203,000. Finally, Eisler Capital Management Ltd. acquired a new stake in Gaming and Leisure Properties during the 3rd quarter worth about $215,000. Institutional investors own 91.14% of the company's stock.

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.