Gaming and Leisure Properties (NASDAQ:GLPI) Updates FY 2026 Earnings Guidance

Gaming and Leisure Properties (NASDAQ:GLPI) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 4.100-4.120 for the period, compared to the consensus estimate of 4.010. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on GLPI. Weiss Ratings upgraded shares of Gaming and Leisure Properties from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday. JPMorgan Chase & Co. dropped their price objective 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. Stifel Nicolaus dropped 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. Wells Fargo & Company dropped their price objective on Gaming and Leisure Properties from $48.00 to $45.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 15th. Finally, Morgan Stanley lifted their price objective on shares of Gaming and Leisure Properties from $53.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Monday, July 6th. Five analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Gaming and Leisure Properties currently has an average rating of “Hold” and an average price target of $50.40.

Gaming and Leisure Properties Stock Up 0.2%

Shares of GLPI opened at $44.79 on Friday. Gaming and Leisure Properties has a 1 year low of $41.17 and a 1 year high of $49.95. The company’s 50-day simple moving average is $45.45 and its 200-day simple moving average is $46.26. The company has a debt-to-equity ratio of 1.62, a quick ratio of 6.29 and a current ratio of 6.29. The stock has a market capitalization of $12.69 billion, a PE ratio of 13.13, a P/E/G ratio of 1.98 and a beta of 0.66.

Gaming and Leisure Properties (NASDAQ:GLPI) last announced its earnings results on Thursday, July 30th. The real estate investment trust reported $0.80 earnings per share for the quarter, meeting the consensus estimate of $0.80. Gaming and Leisure Properties had a return on equity of 19.53% and a net margin of 59.01%.The company had revenue of $430.52 million for the quarter, compared to the consensus estimate of $428.51 million. During the same period last year, the business posted $0.96 EPS. The company’s revenue was up 9.0% on a year-over-year basis. Gaming and Leisure Properties has set its FY 2026 guidance at 4.100-4.120 EPS. Analysts forecast that Gaming and Leisure Properties will post 4.01 earnings per share for the current fiscal year.

Gaming and Leisure Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 12th were given a dividend of $0.82 per share. The ex-dividend date was Friday, June 12th. This represents a $3.28 dividend on an annualized basis and a yield of 7.3%. This is an increase from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. Gaming and Leisure Properties’s payout ratio is presently 96.19%.

Insider Buying and Selling at Gaming and Leisure Properties

In other 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 transaction, the director directly owned 127,429 shares of the company’s stock, valued at $6,157,369.28. This trade represents a 2.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 4.11% of the company’s stock.

Key Stories Impacting Gaming and Leisure Properties

Here are the key news stories impacting Gaming and Leisure Properties this week:

• Positive Sentiment: 2026 guidance is above expectations. GLPI raised or reaffirmed full-year 2026 EPS guidance at $4.10-$4.12, above the $4.01 analyst consensus. The forecast provides a favorable signal for earnings visibility and may support the valuation. GLPI Reports Record Second Quarter Results and Updates 2026 Full-Year Guidance
• Positive Sentiment: Quarterly operating results exceeded expectations. Second-quarter revenue increased 9% year over year to $430.5 million, surpassing the $428.5 million consensus estimate. Funds from operations (FFO) rose to $1.03 per share from $0.96 a year earlier and exceeded estimates by one cent, reinforcing the strength of GLPI’s recurring real-estate income model. GLPI Surpasses Q2 FFO and Revenue Estimates
• Neutral Sentiment: Broker sentiment remains cautious. Analysts collectively rate GLPI “Hold,” indicating that the improved outlook may already be reflected in the stock price and that brokers see limited near-term upside. GLPI Given Average Hold Recommendation
• Negative Sentiment: GAAP EPS declined year over year. Reported EPS of $0.80 matched expectations but fell from $0.96 in the prior-year quarter, tempering the otherwise strong revenue and FFO performance. GLPI Second-Quarter and First-Half Results

Institutional Investors Weigh In On Gaming and Leisure Properties

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. First Trust Advisors LP raised its holdings in shares of Gaming and Leisure Properties by 78.7% in the second quarter. First Trust Advisors LP now owns 283,963 shares of the real estate investment trust’s stock valued at $13,255,000 after purchasing an additional 125,098 shares during the last quarter. Cerity Partners LLC boosted its stake in shares of Gaming and Leisure Properties by 18.6% in the second quarter. Cerity Partners LLC now owns 10,233 shares of the real estate investment trust’s stock valued at $478,000 after buying an additional 1,608 shares during the period. Bank of Nova Scotia lifted its holdings in shares of Gaming and Leisure Properties by 16.6% during the 2nd quarter. Bank of Nova Scotia now owns 18,603 shares of the real estate investment trust’s stock worth $868,000 after acquiring an additional 2,646 shares during the period. AXA S.A. grew its holdings in shares of Gaming and Leisure Properties by 478.5% during the 2nd quarter. AXA S.A. now owns 39,543 shares of the real estate investment trust’s stock valued at $1,846,000 after purchasing an additional 32,708 shares during the last quarter. Finally, Squarepoint Ops LLC increased its stake in shares of Gaming and Leisure Properties by 276.2% in the second quarter. Squarepoint Ops LLC now owns 70,459 shares of the real estate investment trust’s stock valued at $3,289,000 after buying an additional 51,731 shares during the period. Institutional investors own 91.14% of the company’s stock.

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.