Gaming and Leisure Properties (GLPI)
Market Price (2/8/2026): $45.33 | Market Cap: $12.8 BilSector: Real Estate | Industry: Other Specialized REITs
Gaming and Leisure Properties (GLPI)
Market Price (2/8/2026): $45.33Market Cap: $12.8 BilSector: Real EstateIndustry: Other Specialized REITs
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, Dividend Yield is 6.7%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 8.6%, FCF Yield is 7.8% | Weak multi-year price returns2Y Excs Rtn is -26%, 3Y Excs Rtn is -66% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 53% |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 73% | Key risksGLPI key risks include [1] competition from digital iGaming eroding demand for its physical casinos and [2] significant tenant concentration, Show more. | |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 68%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 63% | ||
| Low stock price volatilityVol 12M is 19% | ||
| Megatrend and thematic driversMegatrends include Experience Economy & Premiumization, Sustainable & Green Buildings, and Smart Buildings & Proptech. Themes include Experiential Retail, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, Dividend Yield is 6.7%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 8.6%, FCF Yield is 7.8% |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 73% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 68%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 63% |
| Low stock price volatilityVol 12M is 19% |
| Megatrend and thematic driversMegatrends include Experience Economy & Premiumization, Sustainable & Green Buildings, and Smart Buildings & Proptech. Themes include Experiential Retail, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -26%, 3Y Excs Rtn is -66% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 53% |
| Key risksGLPI key risks include [1] competition from digital iGaming eroding demand for its physical casinos and [2] significant tenant concentration, Show more. |
Qualitative Assessment
AI Analysis | Feedback
1. Steady Q3 2025 Earnings Performance and Limited Market Reaction. Gaming and Leisure Properties (GLPI) reported its Q3 2025 earnings on October 30, 2025, beating analysts' consensus on earnings per share (EPS) by $0.01 but slightly missing revenue estimates. The stock experienced a minor decline of 2.1% the day following the earnings announcement, closing at $41.96, and has since drifted only modestly higher by 2.1%. This indicates that while the results were generally stable, they did not provide a significant catalyst for major upward or downward movement, suggesting the market had largely priced in the company's performance.
2. Consistent Shareholder Returns and Strategic Development Updates Without Immediate Impact. GLPI continued its commitment to shareholder value by declaring a Q4 2025 cash dividend of $0.78 per share on November 24, 2025, an increase from the prior year's $0.76. Additionally, on December 5, 2025, the company provided updates on $1.5 billion in development financings with several operating partners. Despite these positive indicators of capital allocation and growth, both announcements were met with "modest negative or flat price reactions," implying that these events were either anticipated or did not introduce new information substantial enough to significantly alter the stock's trading range.
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Stock Movement Drivers
Fundamental Drivers
The 3.4% change in GLPI stock from 10/31/2025 to 2/7/2026 was primarily driven by a 3.4% change in the company's P/E Multiple.| (LTM values as of) | 10312025 | 2072026 | Change |
|---|---|---|---|
| Stock Price ($) | 43.85 | 45.32 | 3.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,577 | 1,577 | 0.0% |
| Net Income Margin (%) | 49.1% | 49.1% | 0.0% |
| P/E Multiple | 16.0 | 16.5 | 3.4% |
| Shares Outstanding (Mil) | 283 | 283 | 0.0% |
| Cumulative Contribution | 3.4% |
Market Drivers
10/31/2025 to 2/7/2026| Return | Correlation | |
|---|---|---|
| GLPI | 3.4% | |
| Market (SPY) | 1.3% | -7.7% |
| Sector (XLRE) | 2.7% | 38.6% |
Fundamental Drivers
The 2.9% change in GLPI stock from 7/31/2025 to 2/7/2026 was primarily driven by a 7.0% change in the company's Net Income Margin (%).| (LTM values as of) | 7312025 | 2072026 | Change |
|---|---|---|---|
| Stock Price ($) | 44.03 | 45.32 | 2.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,565 | 1,577 | 0.8% |
| Net Income Margin (%) | 45.9% | 49.1% | 7.0% |
| P/E Multiple | 17.0 | 16.5 | -2.7% |
| Shares Outstanding (Mil) | 277 | 283 | -2.0% |
| Cumulative Contribution | 2.9% |
Market Drivers
7/31/2025 to 2/7/2026| Return | Correlation | |
|---|---|---|
| GLPI | 2.9% | |
| Market (SPY) | 9.6% | 3.1% |
| Sector (XLRE) | 2.2% | 44.9% |
Fundamental Drivers
The 0.1% change in GLPI stock from 1/31/2025 to 2/7/2026 was primarily driven by a 4.4% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 1312025 | 2072026 | Change |
|---|---|---|---|
| Stock Price ($) | 45.27 | 45.32 | 0.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,511 | 1,577 | 4.4% |
| Net Income Margin (%) | 51.5% | 49.1% | -4.7% |
| P/E Multiple | 15.9 | 16.5 | 4.0% |
| Shares Outstanding (Mil) | 274 | 283 | -3.3% |
| Cumulative Contribution | 0.1% |
Market Drivers
1/31/2025 to 2/7/2026| Return | Correlation | |
|---|---|---|
| GLPI | 0.1% | |
| Market (SPY) | 15.8% | 32.9% |
| Sector (XLRE) | 3.7% | 62.4% |
Fundamental Drivers
The 2.6% change in GLPI stock from 1/31/2023 to 2/7/2026 was primarily driven by a 23.8% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 1312023 | 2072026 | Change |
|---|---|---|---|
| Stock Price ($) | 44.16 | 45.32 | 2.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,274 | 1,577 | 23.8% |
| Net Income Margin (%) | 47.9% | 49.1% | 2.6% |
| P/E Multiple | 18.6 | 16.5 | -10.9% |
| Shares Outstanding (Mil) | 257 | 283 | -9.3% |
| Cumulative Contribution | 2.6% |
Market Drivers
1/31/2023 to 2/7/2026| Return | Correlation | |
|---|---|---|
| GLPI | 2.6% | |
| Market (SPY) | 76.2% | 35.8% |
| Sector (XLRE) | 13.5% | 70.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| GLPI Return | 22% | 13% | 1% | 4% | -1% | 1% | 46% |
| Peers Return | 29% | -2% | 5% | -3% | 12% | 10% | 59% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -1% | 81% |
Monthly Win Rates [3] | |||||||
| GLPI Win Rate | 58% | 58% | 42% | 58% | 50% | 100% | |
| Peers Win Rate | 63% | 48% | 47% | 55% | 53% | 90% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| GLPI Max Drawdown | -7% | -12% | -11% | -13% | -8% | -1% | |
| Peers Max Drawdown | -5% | -17% | -19% | -13% | -3% | -1% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: VICI, EPR, NNN, WPC, O. See GLPI Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/6/2026 (YTD)
How Low Can It Go
| Event | GLPI | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -17.3% | -25.4% |
| % Gain to Breakeven | 20.9% | 34.1% |
| Time to Breakeven | 63 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -69.9% | -33.9% |
| % Gain to Breakeven | 232.2% | 51.3% |
| Time to Breakeven | 533 days | 148 days |
| 2018 Correction | ||
| % Loss | -16.3% | -19.8% |
| % Gain to Breakeven | 19.4% | 24.7% |
| Time to Breakeven | 399 days | 120 days |
Compare to VICI, EPR, NNN, WPC, O
In The Past
Gaming and Leisure Properties's stock fell -17.3% during the 2022 Inflation Shock from a high on 8/18/2022. A -17.3% loss requires a 20.9% gain to breakeven.
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About Gaming and Leisure Properties (GLPI)
AI Analysis | Feedback
- Host Hotels & Resorts for casinos.
- A Simon Property Group, but for casino resorts instead of malls.
AI Analysis | Feedback
- Gaming Property Leases: GLPI provides long-term, triple-net leases for casino and related entertainment properties to gaming operators.
- Real Estate Acquisition and Investment: GLPI acquires new gaming-related properties, primarily through sale-leaseback transactions, to expand its portfolio of income-generating real estate.
AI Analysis | Feedback
Gaming and Leisure Properties (GLPI) primarily sells to other companies, which are gaming operators that lease casino properties from GLPI.
Its major customers include:
- Penn Entertainment (Symbol: PENN)
- Caesars Entertainment (Symbol: CZR)
- Boyd Gaming (Symbol: BYD)
- Bally's Corporation (Symbol: BALY)
- The Cordish Companies (Private company)
- Saracen Casino Resort (Operated by the Quapaw Nation, not a public company)
AI Analysis | Feedback
- JPMorgan Chase & Co. (JPM)
- Bank of America Corporation (BAC)
- Wells Fargo & Company (WFC)
- The PNC Financial Services Group, Inc. (PNC)
- KPMG LLP
AI Analysis | Feedback
Peter M. Carlino, Chairman of the Board and Chief Executive Officer
Mr. Carlino founded Penn National Gaming, Inc. and served as its Chief Executive Officer from 1994 to 2013. He has been the Chairman of the Board and Chief Executive Officer of Gaming and Leisure Properties, Inc. since its inception in 2013, when it was spun off from Penn National Gaming. He also serves in an executive capacity for Carlino Capital Management Corp., a holding company that owns and operates various Carlino family businesses.
Desiree A. Burke, Chief Financial Officer and Treasurer
Ms. Burke was appointed Chief Financial Officer and Treasurer in October 2022. Prior to this role, she served as the Senior Vice President and Chief Accounting Officer of Gaming and Leisure Properties. Before joining GLPI, Ms. Burke was the Vice President and Chief Accounting Officer at Penn National Gaming Inc., where she also held the position of Vice President and Corporate Controller from 2005 to 2009. She was instrumental in the team at Penn National Gaming that structured and completed the tax-free spin-off that created GLPI. Earlier in her career, she was an Executive Vice President and Director of Financial Reporting and Control at MBNA America Bank, N.A.
Brandon J. Moore, President, Chief Operating Officer and Secretary
Mr. Moore was promoted to President in September 2024 and also serves as Chief Operating Officer and Secretary. He joined GLPI near its inception in 2014 as Senior Vice President and General Counsel. Prior to GLPI, he served as Vice President, Senior Corporate Counsel at Penn National Gaming, Inc. (now PENN Entertainment, Inc.) from 2010 to 2014, where he was a senior member of the legal team. He previously worked as Of Counsel to Ballard Spahr, LLP. Mr. Moore was also part of the team at Penn that structured and completed the tax-free spin which created GLPI.
Matthew R. Demchyk, Senior Vice President and Chief Investment Officer
Mr. Demchyk was named Chief Investment Officer in January 2021 and also holds the title of Senior Vice President. He joined GLPI in February 2019 as Senior Vice President of Investments. Before joining GLPI, he spent over nine years at Millennium Partners as Portfolio Manager of Real Estate Securities. He also oversaw a REIT investment strategy at Carlson Capital and started his career at CenterSquare Investment Management, where he was an Assistant Portfolio Manager.
Steven L. Ladany, Senior Vice President and Chief Development Officer
Mr. Ladany serves as Senior Vice President and Chief Development Officer. He joined GLPI in 2014 and previously held the position of Vice President of Finance until March 2019. His prior experience includes roles at Revel Casino Hotel and J.P. Morgan.
AI Analysis | Feedback
Key Risks to Gaming and Leisure Properties (GLPI):- Economic Slowdown and Interest Rate Fluctuations: A significant risk to Gaming and Leisure Properties (GLPI) is a potential economic slowdown or recession. Such conditions could lead to reduced consumer spending on leisure and gaming, subsequently affecting the financial performance of GLPI's tenants. This, in turn, could impact the tenants' ability to meet their lease obligations, potentially causing price volatility and underperformance for the REIT. Additionally, rising interest rates could increase GLPI's borrowing costs, negatively affecting its ability to achieve Funds From Operations (AFFO) growth.
- Competition from Digital Gaming (iGaming): The increasing proliferation and acceptance of iGaming or online gambling pose a threat to GLPI's traditional brick-and-mortar casino properties. The expansion of digital gaming could erode demand for physical casinos, directly impacting the revenues and health of GLPI's tenant operators. Gaming and Leisure Properties has actively acknowledged this risk by joining advocacy groups to oppose further liberalization of iGaming.
- Tenant Concentration Risk: GLPI faces a degree of tenant concentration risk, particularly with PENN Entertainment. A substantial portion of GLPI's portfolio, specifically 33 out of 68 properties (approximately 48.5%), is leased to PENN Entertainment. While S&P Global Ratings has affirmed a 'stable' outlook for this tenant, a significant downturn or financial strain experienced by PENN Entertainment could have a considerable adverse impact on GLPI's rental income and overall financial stability.
AI Analysis | Feedback
One clear emerging threat for Gaming and Leisure Properties (GLPI) is the **increasing shift to online and digital gambling platforms.** This trend directly competes with and can cannibalize revenue from the land-based casinos that GLPI owns. While many of GLPI's tenants are also investing in online gaming, the overall demand for physical casino space could diminish over the long term if a significant portion of gambling activity shifts online. This mirrors disruptions seen in other industries where digital alternatives replaced physical storefronts (e.g., Netflix vs. Blockbuster). As more states legalize online gambling and technology improves, the accessibility and appeal of digital platforms continue to grow, posing a clear and evolving threat to the primary assets underlying GLPI's revenue stream.
Another clear emerging threat is the **evolving consumer entertainment preferences, particularly among younger demographics.** Younger generations (Millennials, Gen Z) often show less interest in traditional casino gaming (e.g., slot machines, table games) compared to older demographics. They tend to prefer skill-based games, esports, social gaming experiences, or non-gambling entertainment options. This demographic shift represents a clear emerging threat to the long-term viability and profitability of the traditional casino model that GLPI's properties are built upon. If the core customer base for traditional casinos shrinks or changes significantly, GLPI's tenants may face reduced traffic and revenue, potentially impacting their ability to meet lease obligations or the market value of the properties over time.
AI Analysis | Feedback
Gaming and Leisure Properties (GLPI) specializes in acquiring, financing, and owning real estate properties that are leased to gaming operators under triple-net lease arrangements. Their primary product is providing real estate for casino operations. The addressable market for GLPI's main products and services can be clarified by the following: * **Global Casino Hotel Market:** The global casino hotel market exceeded USD 185 billion in 2025 and is projected to reach USD 314.31 billion by 2034, exhibiting a compound annual growth rate (CAGR) of 6.02%. * **U.S. Casino Hotels and Casino Resorts Industry:** The U.S. Casino Hotels and Casino Resorts Industry revenues are projected to reach approximately USD 439.98 billion by 2030. The industry's revenue was estimated at USD 83.4 billion in 2025. * **U.S. Casino Tourism Market:** The U.S. casino tourism market is projected to grow from USD 175,182 million (approximately USD 175.18 billion) in 2024 to an estimated USD 278,441 million (approximately USD 278.44 billion) by 2032, with a CAGR of 5.82% from 2025 to 2032.AI Analysis | Feedback
Gaming and Leisure Properties (GLPI) is expected to drive future revenue growth over the next 2-3 years through several key strategies:
- Strategic Acquisitions and Portfolio Expansion: GLPI consistently pursues strategic acquisitions and aims to expand its portfolio of gaming properties. Recent examples include acquisitions in Kansas City and Shreveport, which contributed to increased cash rent. The company's Q1 2025 earnings also highlighted growth driven by strategic acquisitions and increased cash rent. Furthermore, analyst reports indicate that recent acquisitions and financing deals, such as those for Sunland Park and Caesars Republic Sonoma, are expected to enhance Adjusted Funds From Operations (AFFO) growth and long-term value.
- Contractual Rent Escalators and Percentage Rent Adjustments: A consistent driver of revenue growth for GLPI comes from contractual rent escalations and percentage rent adjustments embedded in its lease agreements. The Q1 2025 earnings report noted the positive impact of contractual escalators, and the Q3 2025 earnings call specifically mentioned that the recognition of escalators and percentage rent adjustments increased cash income by approximately $4.2 million.
- Development Funding for New Projects: GLPI is actively engaged in providing funding for new development projects. The company planned significant development funding of $400 million in 2025. Management has highlighted ongoing progress on key projects, including developments in Chicago and Las Vegas. GLPI also provides capital and construction expertise for large-scale projects, such as Bally's permanent Chicago gaming resort. The anticipated funding for the M Resort Tower and other development projects is also expected to contribute to future revenue.
- Expanded Tenant Relationships and Support for Tenant Growth: GLPI focuses on strengthening its relationships with leading regional gaming operators and supporting their growth objectives. The company aims to align with top regional gaming operators and expand its portfolio through these partnerships. The Q1 2025 results cited a growing base of leading regional gaming operator tenants and expanded tenant relationships as contributors to revenue. GLPI sees itself as a development funding and real estate partner of choice for operators of all sizes, creating a platform for near and long-term growth.
- Exploration of Sale-Leaseback Opportunities: The company continues to strategically explore sale-leaseback opportunities. Management emphasizes its focus on strategic capital deployment, which includes seeking out these transactions. The Q4 2024 earnings call also indicated a strong focus on tribal gaming opportunities and sale-leaseback transactions as part of their growth strategy.
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Share Issuance
- In May 2025, Gaming and Leisure Properties (GLPI) initiated a new continuous equity offering program, authorizing the sale of up to $1.25 billion in common stock through "at the market" offerings.
- The company settled a forward sale agreement of 8,170,387 shares of common stock for $404.0 million as of June 2, 2025.
- GLPI sold 7.59 million shares via forward sale agreements, generating gross proceeds of $363.3 million in the third quarter of 2025.
Outbound Investments
- GLPI agreed in October 2025 to acquire land for $27 million and commit $440 million for hard costs related to the Live! Casino & Hotel Virginia development, with funding expected through Q1 2028.
- In October 2025, the company acquired the real estate assets of Sunland Park Racetrack & Casino for $183.75 million.
- In May 2024, GLPI acquired the real estate assets of Silverado Franklin Hotel & Gaming Complex, Deadwood Mountain Grand casino, and Baldini's Casino for $105.0 million.
Capital Expenditures
- GLPI has committed up to $225 million for PENN Entertainment's Aurora, Illinois relocation, which is anticipated to open in late Q2 2026.
- In August 2025, the company provided $130 million in funding for the relocation of Hollywood Casino Joliet, and in November 2025, an additional $150 million for a new hotel tower at the M Resort in Nevada, both related to PENN Entertainment projects.
- GLPI provided $5 million for capital improvements in conjunction with the May 2024 acquisition of the Silverado Franklin Hotel & Gaming Complex, Deadwood Mountain Grand casino, and Baldini's Casino.
Latest Trefis Analyses
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 50.78 |
| Mkt Cap | 14.3 |
| Rev LTM | 1,628 |
| Op Inc LTM | 997 |
| FCF LTM | 1,136 |
| FCF 3Y Avg | 1,187 |
| CFO LTM | 1,176 |
| CFO 3Y Avg | 1,212 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 4.5% |
| Rev Chg 3Y Avg | 6.7% |
| Rev Chg Q | 4.9% |
| QoQ Delta Rev Chg LTM | 1.2% |
| Op Mgn LTM | 58.2% |
| Op Mgn 3Y Avg | 59.3% |
| QoQ Delta Op Mgn LTM | 0.5% |
| CFO/Rev LTM | 67.7% |
| CFO/Rev 3Y Avg | 69.1% |
| FCF/Rev LTM | 65.1% |
| FCF/Rev 3Y Avg | 67.4% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 14.3 |
| P/S | 8.5 |
| P/EBIT | 13.4 |
| P/E | 21.0 |
| P/CFO | 12.3 |
| Total Yield | 8.8% |
| Dividend Yield | 5.2% |
| FCF Yield 3Y Avg | 8.0% |
| D/E | 0.6 |
| Net D/E | 0.5 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 5.6% |
| 3M Rtn | 7.1% |
| 6M Rtn | 6.8% |
| 12M Rtn | 20.6% |
| 3Y Rtn | 6.8% |
| 1M Excs Rtn | 7.3% |
| 3M Excs Rtn | 7.0% |
| 6M Excs Rtn | -2.9% |
| 12M Excs Rtn | 5.4% |
| 3Y Excs Rtn | -63.0% |
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Investments in real estate | 1,440 | ||||
| Accretion on financing receivables | 19 | ||||
| Building base rent | 898 | ||||
| Ground rent in revenue | 33 | ||||
| Land base rent | 210 | ||||
| Other rental revenue | 1 | ||||
| Percentage rent | 146 | ||||
| Straight-line rent adjustments | 4 | ||||
| Single Segment | 1,216 | ||||
| Gaming and Leisure Properties (GLP) Capital | 1,025 | ||||
| Taxable REIT subsidiary (TRS) Properties | 128 | ||||
| Total | 1,440 | 1,312 | 1,216 | 1,153 |
Price Behavior
| Market Price | $45.32 | |
| Market Cap ($ Bil) | 12.8 | |
| First Trading Date | 10/14/2013 | |
| Distance from 52W High | -6.7% | |
| 50 Days | 200 Days | |
| DMA Price | $44.31 | $44.76 |
| DMA Trend | indeterminate | up |
| Distance from DMA | 2.3% | 1.3% |
| 3M | 1YR | |
| Volatility | 19.5% | 18.7% |
| Downside Capture | -60.40 | 17.62 |
| Upside Capture | -36.66 | 13.57 |
| Correlation (SPY) | -14.6% | 33.1% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.37 | -0.71 | -0.11 | 0.12 | 0.33 | 0.43 |
| Up Beta | -2.05 | -0.65 | -0.17 | 0.43 | 0.40 | 0.34 |
| Down Beta | 0.43 | -0.51 | 0.20 | 0.33 | 0.41 | 0.51 |
| Up Capture | -48% | -51% | -14% | -5% | 11% | 14% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 10 | 20 | 28 | 60 | 122 | 370 |
| Down Capture | -75% | -127% | -33% | -12% | 28% | 75% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 10 | 21 | 32 | 64 | 126 | 375 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with GLPI | |
|---|---|---|---|---|
| GLPI | -1.3% | 18.6% | -0.20 | - |
| Sector ETF (XLRE) | 2.3% | 16.4% | -0.04 | 62.3% |
| Equity (SPY) | 15.4% | 19.4% | 0.61 | 32.9% |
| Gold (GLD) | 73.9% | 24.8% | 2.19 | 9.0% |
| Commodities (DBC) | 8.9% | 16.6% | 0.34 | 20.3% |
| Real Estate (VNQ) | 4.6% | 16.5% | 0.10 | 64.2% |
| Bitcoin (BTCUSD) | -27.1% | 44.7% | -0.57 | 13.6% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with GLPI | |
|---|---|---|---|---|
| GLPI | 8.2% | 20.1% | 0.32 | - |
| Sector ETF (XLRE) | 5.5% | 19.0% | 0.20 | 70.8% |
| Equity (SPY) | 14.4% | 17.0% | 0.68 | 50.1% |
| Gold (GLD) | 21.4% | 16.9% | 1.03 | 13.2% |
| Commodities (DBC) | 11.5% | 18.9% | 0.49 | 17.1% |
| Real Estate (VNQ) | 5.0% | 18.8% | 0.17 | 73.5% |
| Bitcoin (BTCUSD) | 16.1% | 58.0% | 0.49 | 20.0% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with GLPI | |
|---|---|---|---|---|
| GLPI | 12.8% | 28.9% | 0.48 | - |
| Sector ETF (XLRE) | 7.2% | 20.5% | 0.31 | 66.0% |
| Equity (SPY) | 15.4% | 17.9% | 0.74 | 54.0% |
| Gold (GLD) | 15.7% | 15.5% | 0.84 | 10.0% |
| Commodities (DBC) | 8.0% | 17.6% | 0.37 | 24.3% |
| Real Estate (VNQ) | 6.0% | 20.7% | 0.25 | 71.1% |
| Bitcoin (BTCUSD) | 68.7% | 66.7% | 1.08 | 15.7% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/31/2025 | 4.5% | 3.4% | 1.2% |
| 7/25/2025 | -2.1% | -1.1% | 2.5% |
| 2/21/2025 | -0.5% | 2.1% | 5.7% |
| 10/25/2024 | 1.4% | 0.1% | 3.0% |
| 7/26/2024 | 0.9% | 0.1% | 3.2% |
| 2/28/2024 | -0.1% | -0.1% | 2.9% |
| 10/27/2023 | -0.9% | 3.7% | 1.7% |
| 7/28/2023 | 0.0% | 0.3% | -3.0% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 8 | 9 | 11 |
| # Negative | 7 | 6 | 4 |
| Median Positive | 0.7% | 1.3% | 3.0% |
| Median Negative | -0.9% | -1.5% | -6.0% |
| Max Positive | 4.5% | 5.6% | 35.9% |
| Max Negative | -3.1% | -11.2% | -60.2% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 07/24/2025 | 10-Q |
| 03/31/2025 | 04/24/2025 | 10-Q |
| 12/31/2024 | 02/20/2025 | 10-K |
| 09/30/2024 | 10/24/2024 | 10-Q |
| 06/30/2024 | 07/25/2024 | 10-Q |
| 03/31/2024 | 04/25/2024 | 10-Q |
| 12/31/2023 | 02/27/2024 | 10-K |
| 09/30/2023 | 10/26/2023 | 10-Q |
| 06/30/2023 | 07/27/2023 | 10-Q |
| 03/31/2023 | 04/27/2023 | 10-Q |
| 12/31/2022 | 02/23/2023 | 10-K |
| 09/30/2022 | 10/27/2022 | 10-Q |
| 06/30/2022 | 07/28/2022 | 10-Q |
| 03/31/2022 | 04/28/2022 | 10-Q |
| 12/31/2021 | 02/24/2022 | 10-K |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Ladany, Steven | SVP Chief Development Officer | Direct | Sell | 1052026 | 44.77 | 18,000 | 805,860 | 2,914,482 | Form |
| 2 | Ladany, Steven | SVP Chief Development Officer | Direct | Sell | 1052026 | 44.09 | 2,630 | 115,957 | 2,754,258 | Form |
| 3 | Ladany, Steven | SVP Chief Development Officer | Direct | Sell | 1052026 | 44.30 | 2,825 | 125,147 | 3,158,368 | Form |
| 4 | Urdang, E Scott | Direct | Sell | 11052025 | 45.49 | 4,000 | 181,960 | 5,911,562 | Form | |
| 5 | Urdang, E Scott | Direct | Sell | 8062025 | 46.54 | 3,000 | 139,620 | 6,234,173 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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