Gaming and Leisure (GLPI) AI Stock Analysis

• Market Cap: $12.62B
• Dividend Yield: 6.79%
• Average Volume (3M): 1.53M
• Price to Earnings (P/E): 16.3
• Beta (1Y): 0.38
• Revenue Growth: 6.14%
• EPS Growth: 4.09%
• Country: US
• Employees: 19
• Sector: Real Estate
• Sector Strength: 65
• Industry: REIT - Specialty
• EPS (TTM): 0.60
• Shares Outstanding: 274,833,000
• 10 Day Avg. Volume: 1,206,707
• 30 Day Avg. Volume: 1,528,054
• PEG Ratio: 0.99
• Price to Book (P/B): 3.48
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 14.69
• Enterprise Value/Market Cap: 1.53
• Enterprise Value/Revenue: 3.19
• Enterprise Value/Gross Profit: 13.40
• Enterprise Value/Ebitda: 3.44
• 1Y Price Target: $53.14
• Price Target Upside: 15.27% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 11

• Rating: 74 Outperform
• Price Target: $51.00 ▲(10.63%Upside)

Gaming and Leisure Properties scores well due to strong financial performance and attractive valuation metrics. However, technical analysis indicates some bearish signals, and the earnings call revealed operational challenges that need monitoring. Corporate events bolster the strategic outlook, enhancing governance and shareholder value.

Positive Factors

Financial Flexibility

GLPI has an estimated $3.2B of liquidity available, including cash, credit facility availability, and unsettled forward equity, providing significant financial flexibility.

Financial Position

Gaming and Leisure Properties redeemed its $850 million senior unsecured note, which could strengthen its financial position.

Occupancy and Demand

The occupancy rate remains at 100%, indicating strong demand for the company's properties.

Negative Factors

Guidance and Expectations

Guidance for 2025 was light relative to Street expectations, though this metric is viewed as unreliable as assumptions are highly conservative.

Investment Challenges

The lower investment guide is suspected to be due to development delays at Bally's Chicago, causing caution until there is greater clarity on progress.

Market Headwinds

GLPI's heavy regional gaming exposure is likely to face headwinds in certain markets due to mixed trends and supply concerns.

Gaming and Leisure Business Overview & Revenue Model

Company Description

GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.

How the Company Makes Money

GLPI makes money primarily by leasing its properties to gaming operators under long-term triple-net lease agreements. In these leases, the tenants are responsible for paying property taxes, insurance, and maintenance costs, in addition to rent. This model provides GLPI with a steady and predictable revenue stream. The company also benefits from the growth in the gaming industry as it allows them to potentially increase rents or expand their property portfolio. Significant partnerships with major gaming operators, such as Penn National Gaming, contribute to its earnings stability. Additionally, GLPI may engage in strategic acquisitions to expand its portfolio, further enhancing revenue potential.

Gaming and Leisure Financial Statement Overview

Summary

Gaming and Leisure demonstrates robust financial health with high profitability and efficient operations. Strong profit margins and prudent financial strategy with low leverage enhance its financial standing, but a slight decline in revenue growth and free cash flow generation are areas to watch.

Income Statement

Gaming and Leisure has shown robust financial growth with a strong gross profit margin of 93.4% for TTM (Trailing-Twelve-Months) and a net profit margin of 51.8%, indicating high profitability. The revenue growth rate over the past year was slightly negative at -2.3%, but the company maintains a solid EBIT margin of 75.9% and an EBITDA margin of 90.0%, signaling effective cost management and operational efficiency.

Balance Sheet

The company exhibits a moderate debt-to-equity ratio of 0.07 and a return on equity (ROE) of 18.4% for TTM, reflecting a healthy balance between debt and equity financing and decent returns to shareholders. The equity ratio stands at 34.7%, indicating a stable financial structure. However, attention should be given to leverage ratios to ensure long-term financial health.

Cash Flow

Gaming and Leisure demonstrates strong cash flow management with a free cash flow to net income ratio of 1.00 and an operating cash flow to net income ratio of 1.05 for TTM, highlighting excellent cash conversion capabilities. The free cash flow growth rate was -24.9% year-over-year, suggesting room for improvement in generating cash from operations.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
1.55B	1.53B	1.44B	1.31B	1.22B	1.15B
	Gross Profit
1.44B	1.48B	1.39B	1.26B	1.13B	1.07B
	EBIT
1.14B	1.13B	1.07B	1.03B	841.77M	809.27M
	EBITDA
1.42B	1.40B	1.34B	1.22B	1.07B	1.01B
	Net Income Common Stockholders
775.34M	784.62M	734.28M	684.65M	534.05M	505.71M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
168.88M	1.02B	683.98M	239.08M	724.60M	486.45M
	Total Assets
12.13B	13.08B	11.81B	10.93B	10.69B	9.03B
	Total Debt
7.19B	8.04B	6.88B	6.36B	6.79B	5.91B
	Net Debt
7.03B	7.58B	6.19B	6.13B	6.07B	5.42B
	Total Liabilities
7.54B	8.69B	7.30B	6.81B	7.30B	6.36B
	Stockholders Equity
4.22B	4.27B	4.16B	3.78B	3.19B	2.68B
Cash Flow		Free Cash Flow
1.01B	1.03B	961.93M	896.10M	787.58M	424.47M
	Operating Cash Flow
1.07B	1.07B	1.01B	920.13M	803.78M	428.08M
	Investing Cash Flow
-623.54M	-1.61B	-650.83M	-354.49M	-1.03B	-9.49M
	Financing Cash Flow
-486.51M	311.82M	86.35M	-1.05B	443.07M	63.17M

Gaming and Leisure Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 46.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GLPI, the sentiment is Positive. The current price of 46.1 is above the 20-day moving average (MA) of 45.89, below the 50-day MA of 46.43, and below the 200-day MA of 47.60, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 52.43 is Neutral, neither overbought nor oversold. The STOCH value of 19.64 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GLPI.

Gaming and Leisure Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LAMR	78 Outperform	$12.23B	29.05	38.18%	5.19%	3.58%	-15.47%
EPR	77 Outperform	$4.28B	34.31	6.25%	6.29%	0.69%	-19.22%
GLPI	74 Outperform	$12.62B	16.26	18.57%	6.79%	6.14%	4.09%
WY	66 Neutral	$19.36B	53.27	3.71%	3.15%	-6.56%	-54.29%
PCH	64 Neutral	$3.04B	63.87	2.31%	4.77%	10.86%	6.72%
RYN	64 Neutral	$3.57B	9.85	18.78%	12.71%	12.61%	111.99%
Sector *	61 Neutral	$2.83B	10.87	0.41%	8.09%	5.96%	-21.24%

Gaming and Leisure Corporate Events

Gaming and Leisure Shareholders Approve Incentive Plan Amendments

On June 12, 2025, during its Annual Meeting of Shareholders, Gaming and Leisure Properties, Inc. received approval for amendments to its 2013 Long-Term Incentive Compensation Plan, including an increase in reserved shares and changes to share provisions. Additionally, all director nominees were re-elected, and Deloitte & Touche LLP was ratified as the independent registered public accounting firm for 2025. These approvals and re-elections strengthen the company’s governance framework and support its strategic objectives, potentially impacting shareholder value and operational efficiency.

The most recent analyst rating on (GLPI) stock is a Hold with a $54.00 price target. To see the full list of analyst forecasts on Gaming and Leisure stock, see the GLPI Stock Forecast page.