Gaming and Leisure Properties

GLPI · NASDAQ

$39.14+$0.32 (+0.82%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $38.82

GLPI analyst rating

HoldConsensus of 13 analysts over the last 12 months. 46% rate it a buy.

Strong buy0
Buy6
Hold7
Underperform0
Sell0

12-month price target · 24 analysts

Average $53.96 (+37.9% upside)

Low: $43.43
Now: $39.14
High: $66.15

Upgrades and downgrades

The latest rating actions, newest first

GLPI analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Truist Securities	Oct 20, 2026	Maintains	Buy	$60.00 → $55.00	39%
Barclays	Oct 20, 2026	Maintains	Overweight	$50.00 → $44.00	38%
Wells Fargo	Oct 19, 2026	Maintains	Equal-Weight	$43.00 → $40.00	48%
Macquarie	Oct 7, 2026	Maintains	Outperform	$58.00 → $55.00	40%
Citizens	Oct 2, 2026	Maintains	Market Outperform	$55.00 → $49.00	44%
JP Morgan	Sep 24, 2026	Downgrade	Overweight → Neutral	$46.00	58%
Scotiabank	Sep 24, 2026	Maintains	Sector Perform	$49.00 → $43.00	39%
Scotiabank	Sep 17, 2026	Maintains	Sector Perform	$50.00 → $49.00	39%
Morgan Stanley	Sep 17, 2026	Maintains	Equal-Weight	$55.00 → $50.00	56%
Mizuho	Sep 2, 2026	Maintains	Outperform	$53.00 → $48.00	44%

The case for and against

Updated Apr 17, 2026

Bull case

Gaming and Leisure Properties Inc. (GLP) has demonstrated a positive trajectory in its financial estimates, with projected Adjusted Funds from Operations (AFFO) per share for 2026/2027 increasing by $0.04 and $0.08, respectively, primarily due to the acquisition of Bally's Lincoln and refined timelines for various development projects. The company's diverse portfolio of regional gaming assets has shown strong operational performance, contributing to its favorable balance sheet and potential for an upgraded credit rating. Additionally, ongoing growth strategies, including potential acquisitions and expansion into tribal markets, present further catalysts for enhancing the company's financial outlook.

Bear case

Gaming and Leisure Properties Inc. faces significant risks that contribute to a negative outlook on its stock, primarily due to its heavy reliance on a limited number of casino operators for rental income, creating concentration risk. The company is also exposed to economic trends and interest rate sensitivities that could materially impact its financial performance, particularly in the context of rising costs of capital and potential spread contraction. Additionally, the increasing popularity of iGaming platforms poses a disruption risk by potentially diminishing the market share of traditional casinos, coupled with regulatory challenges inherent to the gaming industry.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.