Stocks · Real Estate · REIT - Specialty
Gaming and Leisure Properties, Inc. GLPI
$37.68 +0.24% Close, Oct 2, 2026 · NASDAQ · Market cap $10.67B
Inexpensive vs sectorLow risk
Next earnings report: Oct 29, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Operating margin widened to 82.6% from 69.0% a year earlier.
- At 11.0× trailing earnings, the shares trade at the lowest P/E of the company's past five years.
- Net debt is 4.8× EBITDA, a high level of leverage.
PromtFinance scores
Each score is a percentile within the Real Estate sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth44Weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 48%
- FCF growth (TTM, YoY)Bottom 24%
- Revenue growth, 3-year CAGRTop 43%
- Revenue growth accelerationTop 35%
Quality78Positive
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 19%
- Gross marginBottom 48%
- Operating marginTop 6%
- Cash conversion (OCF / net income)Bottom 30%
- Accruals (lower is better)Bottom 32%
- Net debt / EBITDA (lower is better)Top 37%
- Interest coverTop 14%
Value88Strong
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 14%
- Free-cash-flow yieldTop 46%
- EBITDA / enterprise valueTop 21%
- Sales / enterprise valueBottom 33%
- P/E vs own 5-year history (lower is better)Top 9%
Momentum26Very weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 30%
- 6-month returnBottom 24%
- 1-year return vs S&P 500Bottom 30%
- Distance from 52-week highBottom 40%
- Trend checklist (0–4)Bottom 22%
Revisions90Exceptional
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 42%
- Consecutive EPS beatsTop 12%
- Share of analysts rating BuyTop 25%
- Upside to consensus price targetTop 40%
Stability84Strong
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 27%
- Maximum drawdown, 3 yearsTop 28%
- Beta vs S&P 500 (lower is better)Top 18%
- Net debt / EBITDA (lower is better)Top 37%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 4.4% | 5.8% | ↑ |
| Gross margin | 96.7% | 47.0% | ↓ |
| Operating margin | 69.0% | 82.6% | ↑ |
| FCF margin | 66.6% | 37.9% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 5.8% | 4.4% | ↑ | Bottom 48% |
| Gross margin | 47.0% | 96.7% | ↓ | Bottom 48% |
| Operating margin | 82.6% | 69.0% | ↑ | Top 6% |
| Net margin | 58.5% | 45.9% | ↑ | — |
| Free-cash-flow margin | 37.9% | 66.6% | ↓ | — |
| Return on invested capital | 9.9% | — | Top 19% | |
| Revenue growth, 3-year CAGR | 6.7% | — | Top 43% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.24×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -1.7%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.2%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +11.7 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 4.84×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 3.6×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 8.45%
- Net buyback yield (TTM)
- 0.35%
- Shareholder yield
- 8.80%
- Share count change, 1 year
- +0.8%
- Share count change, 3-year CAGR
- +2.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 30, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 4
- Beats in the last 8 reports
- 5 of 8
- Average EPS surprise, last 4
- +8.5%
- Average 2-day reaction, last 8
- -0.3%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $47.89
- Target vs current price
- +27.1%
- Analysts with a rating
- 28
- Share rating Buy or Strong Buy
- 64%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 30, 2026 | +0.3% | -2.8% | -4.8% | -7.5% | — |
| Apr 23, 2026 | +7.0% | +1.1% | +4.1% | +2.4% | -3.2% |
| Feb 19, 2026 | +25.8% | +1.4% | +2.8% | +0.6% | +0.3% |
| Oct 30, 2025 | +1.0% | -2.1% | +3.3% | -0.8% | +4.5% |
| Jul 24, 2025 | -29.5% | +0.0% | -3.0% | +0.7% | -5.4% |
| Apr 24, 2025 | -21.6% | -1.1% | -3.4% | -6.4% | -5.9% |
| Feb 20, 2025 | +1.1% | +0.8% | +1.7% | +3.8% | -4.3% |
| Oct 24, 2024 | -10.7% | -0.2% | -0.3% | -0.7% | -5.5% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 30, 2026 | $0.80 | $0.80 | +0.3% | $430.5M |
| Apr 23, 2026 | $0.82 | $0.77 | +7.0% | $420.0M |
| Feb 19, 2026 | $0.95 | $0.76 | +25.8% | $407.0M |
| Oct 30, 2025 | $0.97 | $0.96 | +1.0% | $397.6M |
| Jul 24, 2025 | $0.55 | $0.78 | -29.5% | $394.9M |
| Apr 24, 2025 | $0.60 | $0.77 | -21.6% | $395.2M |
| Feb 20, 2025 | $0.95 | $0.94 | +1.1% | $389.6M |
| Oct 24, 2024 | $0.67 | $0.75 | -10.7% | $385.3M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 11.0× | 17.7× | 0th | Top 14% |
| P/E (forward) | 11.7× | — | — | — |
| EV / EBITDA | 11.3× | — | — | Top 21% |
| EV / Sales | 11.32× | — | — | Bottom 33% |
| Free-cash-flow yield | 5.88% | — | — | Top 46% |
| Earnings yield | 9.13% | — | — | Top 14% |
P/E over the past five years
Range 13.0× – 23.7× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -4.2%
- 200-day average slope (20 days)
- -0.7%
- Distance from 50-day average
- -10.3%
- Distance from 200-day average
- -16.5%
- RSI (14)
- 25.3
- Relative volume
- 0.72×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 19.7%
- Volatility vs own 5-year history
- 47th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.27
- Correlation with S&P 500
- 0.24
- Current drawdown from 1-year high
- -24.4%
- Maximum drawdown, 3 years
- -28.2%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Mar 3, 2023 | Oct 1, 2026 | -31.6% | 898 days | Not yet recovered |
| Aug 18, 2022 | Sep 29, 2022 | -17.3% | 29 days | 44 days (Dec 1, 2022) |
| Sep 3, 2021 | May 10, 2022 | -17.2% | 171 days | 53 days (Jul 27, 2022) |
| Dec 17, 2020 | Jan 14, 2021 | -10.3% | 18 days | 20 days (Feb 12, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $10.67B
- P/E (TTM)
- 11.0
- EPS, diluted (TTM)
- $3.44
- Revenue (TTM)
- $1.66B
- Dividend yield
- 8.49%
- 52-week range
- $37.35 – $49.95
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $1.22B | $1.31B | $1.44B | $1.53B | $1.59B |
| Gross profit | $1.13B | $1.26B | $1.39B | $1.48B | $990.5M |
| Operating income | $841.8M | $1.03B | $1.07B | $1.13B | $1.20B |
| Net income | $534.0M | $684.7M | $734.3M | $784.6M | $825.1M |
| EPS (diluted) | $2.26 | $2.70 | $2.77 | $2.87 | $2.94 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $385.3M | $389.6M | $395.2M | $394.9M | $397.6M | $407.0M | $420.0M | $430.5M |
| Net income | $184.7M | $217.2M | $165.2M | $151.4M | $241.2M | $267.3M | $231.8M | $228.4M |
| EPS (diluted) | $0.67 | -$2.07 | $0.60 | $0.55 | $0.85 | $0.94 | $0.83 | $0.82 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $803.8M | $920.1M | $1.01B | $1.07B | $1.13B |
| Capital expenditure | -$16.2M | -$24.0M | -$47.4M | -$39.7M | -$304.4M |
| Free cash flow | $787.6M | $896.1M | $961.9M | $1.03B | $825.0M |
| Dividends paid | -$633.9M | -$770.9M | -$834.0M | -$830.7M | -$871.9M |
| Net share buybacks | $662.3M | $611.3M | $469.2M | $148.2M | $402.8M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $319.0M
- Total assets
- $14.16B
- Total liabilities
- $8.77B
- Total debt
- $8.38B
- Net debt
- $8.06B
- Shareholders’ equity
- $4.98B
As of Jun 30, 2026 (filed Jul 30, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 11, 2026 | $0.82 | Sep 25, 2026 |
| Jun 12, 2026 | $0.82 | Jun 26, 2026 |
| Mar 13, 2026 | $0.78 | Mar 27, 2026 |
| Dec 5, 2025 | $0.78 | Dec 19, 2025 |
| Sep 12, 2025 | $0.78 | Sep 26, 2025 |
| Jun 13, 2025 | $0.78 | Jun 27, 2025 |
| Mar 14, 2025 | $0.76 | Mar 28, 2025 |
| Dec 6, 2024 | $0.76 | Dec 20, 2024 |
Short interest
- Shares sold short
- 9,933,817
- Days to cover
- 2.80
- Change vs previous report
- +0.5%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Nov 13, 2020
- 505,533-for-500,000
- Aug 14, 2020
- 1,012,711-for-1,000,000