Companies /Real Estate

Gaming and Leisure Properties Inc

NASDAQ: GLPI Reit - Specialty
$37.84
▼ $0.24 (−0.64%) today
Markets open · 3:46pm ET

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GLPI at a Glance

Valuation
Market cap
$11.4B
P/E ratio
11.1
Dividend yield
8.39%
Profitability
Revenue (TTM)
$1.7B
Profit margin
58.5%
EPS (TTM)
$3.42
Price
52-week range
$37 – $47
Street target
$51.78
Earnings
Next report
Oct 29, 2026
Q2 2026 EPS
$0.80
vs. $0.80 est.
+0.4%

Headquartered in Wyomissing, PA Fiscal year ends December NASDAQ: GLPI glpropinc.com

About Gaming & Leisure Properties

Gaming & Leisure Properties, Inc. (GLPI) is a real estate investment trust (REIT) engaged in acquiring, financing, and owning real estate property leased to gaming operators under triple-net lease arrangements, where tenants are responsible for facility maintenance, insurance, taxes, and utilities. The company also extends loans that produce fixed or variable returns, which may convert into leased rent upon project completion or stabilization. As of June 30, 2026, GLPI's portfolio consisted of interests in 71 gaming and related facilities across 21 states, making it the most geographically diversified owner of gaming assets in the United States. Its tenants include PENN Entertainment (34 facilities), Bally's Corporation (16 facilities), Caesars Entertainment (6 facilities), Boyd Gaming (4 facilities), The Cordish Companies (3 facilities plus 1 under development), Strategic Gaming Management (4 facilities), American Racing & Entertainment (1 facility), and Hard Rock International (1 managed facility), along with an additional Bally's facility under development in Chicago. Approximately 87.3% of GLPI's cash rent comes from publicly reporting gaming companies. The company has maintained zero rent defaults since inception and actively deploys capital into development projects, sale-leaseback transactions, and tribal gaming financing at capitalization rates generally ranging from 7% to 12.5%. Updated

Revenue by Segment · Q2 2026
  1. Amended Pinnacle Master Lease21%
  2. Amended PENN Master Lease18%
  3. PENN 2023 Master Lease16%
  4. Bally's Master Lease II7%
  5. Bally's Master Lease7%
  6. Boyd Master Lease6%
  7. Maryland Live! Lease6%
  8. Caesars Master Lease6%
  9. Pennsylvania Live! Master Lease4%
  10. Strategic Gaming Leases2%
  11. Horseshoe St Louis Lease1%
  12. Tioga Downs Lease1%
  13. Tropicana Las Vegas Lease1%
  14. Casino Queen Master Lease1%
  15. Rockford Loan1%
  16. Rockford Lease1%
  17. Ione Loan1%
  18. Boyd Belterra Lease<1%
  19. Dry Creek<1%
  20. PENN Morgantown<1%

Latest Activity

Biggest dividend payouts · Sep 11
ADPADP
$675M$1.70 per share
  • 2BKNGBooking Holdings$0.42/sh$316M
  • 3GLPIGaming & Leisure Properties$0.82/sh$239M
  • 4RYAAYRyanair$0.44/sh$230M
  • 5NDAQNasdaq$0.31/sh$173M

ADP is sending shareholders about $675 million, or $1.70 a share, with the money arriving October 1. Booking Holdings is next at roughly $316 million, followed by Gaming & Leisure Properties, Ryanair and Nasdaq.

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Frequently Asked Questions

What does Gaming & Leisure Properties do?

Gaming & Leisure Properties, Inc. (GLPI) is a real estate investment trust (REIT) engaged in acquiring, financing, and owning real estate property leased to gaming operators under triple-net lease arrangements, where tenants are responsible for facility maintenance, insurance, taxes, and utilities.

What is the GLPI stock price target?

The Wall Street consensus 12-month price target for GLPI is $51.78.