GLPI Stock Risk & Deep Value Analysis
Gaming and Leisure Properties Inc
DVR Score
out of 10
What You Need to Know About GLPI Stock
We analyzed Gaming and Leisure Properties Inc using our deep value framework. Sign in to see our full verdict and DVR Score.
We ran GLPI through our deep value framework — analyzing financial health, distress signals, competitive moat, and risk factors. Our risk assessment: Moderate. Here's what we found.
GLPI Risk Analysis & Red Flags
What Could Go Wrong
The biggest risk is the financial instability or bankruptcy of a major tenant, particularly given the noted concentration risk with operators like Bally's. Such an event could lead to lease defaults, prolonged vacancies, and a significant hit to GLPI's rental income and FFO.
Risk Matrix
Overall
Moderate
Financial
Medium
Market
Medium
Competitive
Low
Execution
Low
Regulatory
Medium
Red Flags
- ⚠
Insider net selling of over 51,000 shares (~$2.4 million) in the last 90 days.
- ⚠
Tudor Investment sold 95.3% of its stake (217,229 shares) in Q3 2025.
- ⚠
Vanguard amended its 13G to 0 shares in January 2026, indicating an exit or internal realignment.
- ⚠
Tenant concentration risk (e.g., Bally’s Chicago commitments without guarantees).
Upcoming Risk Events
- 📅
Q1 2026 earnings miss or weak forward guidance
- 📅
Significant rise in interest rates impacting cost of capital
- 📅
Financial distress or bankruptcy of a major tenant (e.g., Bally's)
When to Reconsider
- 🚪
Exit if a major tenant (accounting for >10% of revenue) declares bankruptcy or defaults on lease payments.
- 🚪
Sell if the dividend payout ratio becomes unsustainable or if a dividend cut is announced.
- 🚪
Re-evaluate if interest rates climb rapidly and significantly impact GLPI's cost of debt and acquisition feasibility.
Unlock GLPI Risk Analysis & Red Flags
Create a free account to see the full analysis
Investment Thesis
GLPI offers investors a stable, defensive income stream through its portfolio of gaming real estate, leased under long-term, triple-net agreements. While lacking 10x growth potential, it provides predictable cash flows, reliable dividends, and modest capital appreciation driven by accretive acquisitions and lease escalators, making it suitable for income-focused or conservative portfolios.
Is GLPI Stock Undervalued?
Unlock the full AI analysis for GLPI
Get the complete DVR score, risk analysis, and more
Unlock the full report
Create a free account to see the DVR score, risk flags, and AI analysis.
GLPI Price Targets & Strategy
12-Month Target
$52.32
Bull Case
$55.00
Bear Case
$42.00
Valuation Basis
Based on median analyst price target ($52.32) which implies a ~11.6% upside from current levels, consistent with a ~12-13x forward AFFO multiple for a stable gaming REIT.
Entry Strategy
Consider accumulation on dips towards the $45-$46 range, near recent support levels and a potential 200-day moving average test. Dollar-cost average into positions.
Exit Strategy
Take profit at target price of $52-$55. Implement a trailing stop-loss or a hard stop-loss at $42 to protect capital against downside risks.
Portfolio Allocation
1-3% for moderate risk tolerance, suitable for income-focused portfolios or as a defensive holding. Not recommended for aggressive growth portfolios.
Price Targets & Strategy
Upgrade to Premium for price targets and entry/exit strategies
Is GLPI Financially Healthy?
Valuation
P/E Ratio
16.33
Profitability
Gross Margin
96.53%
Operating Margin
75.10%
Net Margin
51.74%
Return on Equity
18.36%
Revenue Growth
4.13%
EPS
$2.94
Balance Sheet
Current Ratio
0.61
Quick Ratio
0.61
Debt/Equity
1.57
Other
Beta (Volatility)
0.70
Dividend Yield
6.56%
Does GLPI Have a Competitive Moat?
Sign in to unlockMoat Rating
🛡️ Narrow
Moat Trend
Stable
Moat Sources
3 Identified
GLPI's moat is durable due to the specialized nature of its assets, the long-term, non-cancellable leases, and the capital-intensive nature of the gaming real estate market. These factors create high barriers for new entrants and significant disincentives for existing tenants to switch properties.
Moat Erosion Risks
- •Widespread financial distress or bankruptcy among key gaming operator tenants.
- •Significant downturns in the broader gaming industry reducing demand for properties.
- •Rapid increases in interest rates making new acquisitions more expensive and reducing property valuations.
GLPI Competitive Moat Analysis
Sign up to see competitive advantages
GLPI Market Intelligence
Sentiment & Insider Activity
Social Sentiment
Neutral (Limited discussion; generally seen as an income stock rather than a speculative growth play).
Institutional Sentiment
Mixed (Aberdeen and OFI increased stakes, while Tudor and Vanguard significantly reduced/exited. Analysts are 'Moderate Buy' but with modest price targets).
Insider Activity (Form 4)
Net selling: SVP and COO sold 13,409 shares and 16,884 shares respectively in the last 90 days, contributing to a net sale of 51,042 shares (~$2.4 million).
Options Flow
Normal options activity (no specific unusual put/call ratio or large block trades flagged in the research).
Earnings Intelligence
Next Earnings
2026-04-23
Surprise Probability
Medium (Q4 2025 saw a slight beat on both revenue and EPS estimates).
Historical Earnings Pattern
GLPI typically exhibits stable earnings, leading to moderate stock price reactions on beats or misses. Significant volatility is uncommon, consistent with its REIT business model.
Key Metrics to Watch
Competitive Position
Top Competitor
VICI
Market Share Trend
Stable (Growth is primarily through strategic, accretive acquisitions rather than organic market share shifts within the existing portfolio).
Valuation vs Peers
GLPI typically trades at a comparable or slight premium to peers like VICI Properties or EPR Properties due to its consistent performance and asset quality, generally based on FFO multiples.
Competitive Advantages
- •Long-term, triple-net lease agreements provide stable, predictable revenue streams.
- •High switching costs for tenants due to specialized, large-scale properties.
- •Strong relationships with major gaming operators.
- •Significant capital requirements act as a barrier to entry for new competitors.
Market Intelligence
Get sentiment, earnings intel, and peer analysis with Premium
What Could Drive GLPI Stock Higher?
Near-Term (0-6 months)
- •Q1 2026 Earnings Report (April 23, 2026)
- •Potential accretive, smaller-scale real estate acquisitions
Medium-Term (6-18 months)
- •Successful lease renegotiations with key tenants
- •Dividend increases driven by FFO growth
- •Expansion into new gaming jurisdictions via acquisition
Long-Term (18+ months)
- •Continued stability and growth in the U.S. gaming market
- •Potential for portfolio diversification beyond traditional casinos
- •Leveraging efficient scale in specialized real estate
Catalysts & Growth Drivers
Upgrade to Premium to see catalysts
What's the Bull Case for GLPI?
- ✓
Consistent growth in FFO and AFFO per share.
- ✓
Stability of tenant credit quality and lease payment performance.
- ✓
Impact of rising interest rates on debt service costs and property valuations.
Bull Case Analysis
See what could go right with Premium
Competing with GLPI
See how Gaming and Leisure Properties Inc compares to related companies
| Company | Market Cap | DVR Score | P/E | Revenue | Profit Margin | Rev Growth | |
|---|---|---|---|---|---|---|---|
Gaming and Leisure Properties Inc GLPI | $13.5B | 0.8 | 16.3 | — | 51.7% | 4.1% | |
VICI Properties Inc VICI | $33.3B | 1.5 | 10.6 | $3.9B | 69.3% | 3.5% | Compare → |
📊 Explore More Stock Analysis
Get comprehensive Deep Value Reports for thousands of stocks. Research risk, financial health, and investment potential with our AI-powered analysis.
How Gaming and Leisure Properties Inc Makes Money
Gaming and Leisure Properties Inc operates as a real estate investment trust (REIT) that primarily owns real estate assets used in the casino gaming industry. It acquires and develops casino properties and then leases these properties back to gaming operators under long-term, triple-net lease agreements. This model ensures predictable rental income, with tenants responsible for most property-related expenses, allowing GLPI to focus on property acquisition and management.
Read Full Business Model BreakdownFAQ
What is the DVR Score for Gaming and Leisure Properties Inc (GLPI)?
As of April 22, 2026, Gaming and Leisure Properties Inc has a DVR Score of 0.8 out of 10, placing it in the "Distressed" category. This score is generated by our AI-powered deep value analysis framework that evaluates growth potential, financial health, competitive moat, and risk factors.
What is the market capitalization of Gaming and Leisure Properties Inc?
Gaming and Leisure Properties Inc's market capitalization is approximately $13.5B..
What is the risk level for GLPI stock?
Our analysis rates Gaming and Leisure Properties Inc's overall risk as Moderate. This assessment considers execution risk, market risk, financial risk, competitive risk, and regulatory risk. For a full breakdown, see the risk analysis section above.
What is the P/E ratio of GLPI?
Gaming and Leisure Properties Inc currently has a price-to-earnings (P/E) ratio of 16.3. This is in line with broader market averages.
Does Gaming and Leisure Properties Inc pay a dividend?
Yes, Gaming and Leisure Properties Inc pays a dividend with a current yield of approximately 6.56%.
Is Gaming and Leisure Properties Inc's revenue growing?
Gaming and Leisure Properties Inc has reported revenue growth of 4.1%. The company is growing at a moderate pace.
Is GLPI stock profitable?
Gaming and Leisure Properties Inc has a profit margin of 51.7%. This indicates strong profitability.
How often is the GLPI DVR analysis updated?
Our AI-powered analysis of Gaming and Leisure Properties Inc is refreshed regularly to incorporate the latest financial data, market conditions, and news. The most recent update was on April 22, 2026.
Important Disclaimer – Not Financial Advice
Deep Value Reports is an independent research platform for educational and informational purposes only. We are not financial advisors, investment advisors, or licensed professionals. The analysis, scores, and information provided on this page for GLPI (Gaming and Leisure Properties Inc) should not be construed as personalized investment advice, a recommendation to buy or sell any security, or an offer to provide investment advisory services.
All investments involve risk, including the potential loss of principal. Past performance does not guarantee future results. Always conduct your own research, consider your financial situation, and consult with a qualified financial advisor before making any investment decisions.