Grufity logoGrufity logo

Gaming and Leisure Properties Inc Stock Research

GLPI

50.22USD-0.02(-0.04%)Market Closed

Market Summary

USD50.22-0.02
Market Closed
-0.04%

GLPI Alerts

GLPI Stock Price

GLPI RSI Chart

GLPI Valuation

Market Cap

13.1B

Price/Earnings (Trailing)

19.12

Price/Sales (Trailing)

9.98

EV/EBITDA

14.78

Price/Free Cashflow

14.23

GLPI Price/Sales (Trailing)

GLPI Profitability

EBT Margin

54.92%

Return on Equity

18.12%

Return on Assets

6.26%

Free Cashflow Yield

7.03%

GLPI Fundamentals

GLPI Revenue

Revenue (TTM)

1.3B

Revenue Y/Y

12.76%

Revenue Q/Q

0.77%

GLPI Earnings

Earnings (TTM)

684.7M

Earnings Y/Y

62.32%

Earnings Q/Q

-11.75%

Price Action

52 Week Range

41.3554.99
(Low)(High)

Last 7 days

-5.9%

Last 30 days

-6.5%

Last 90 days

-5.2%

Trailing 12 Months

14.5%

GLPI Financial Health

Debt/Equity

1.62

Debt/Cashflow

0.15

GLPI Investor Care

Dividend Yield

5.68%

Dividend/Share (TTM)

2.85

Shares Dilution (1Y)

5.47%

Diluted EPS (TTM)

2.7

Peers (Alternatives to Gaming and Leisure Properties)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
51.7B
4.2B
-4.61% -14.88%
11.88
12.36
22.43% 122.66%
30.0B
4.7B
-6.82% -21.36%
79.47
6.4
5.96% -77.90%
22.3B
2.7B
-9.31% -29.65%
28.69
8.21
11.91% -41.71%
21.2B
2.6B
-23.98% -31.95%
40.62
8.18
22.46% -8.68%
13.2B
1.7B
-4.07% -13.87%
104.43
7.61
26.61% -85.07%
MID-CAP
7.7B
1.1B
-13.38% -14.77%
20.08
7.2
12.95% 47.42%
4.3B
802.0M
-9.03% -5.22%
-341.02
5.37
114.83% 84.36%
2.9B
1.8B
-31.59% -62.57%
-8.47
1.63
13.26% -296.88%
2.1B
859.2M
-25.44% -29.31%
-31.63
2.43
1.38% -563.21%
SMALL-CAP
1.9B
421.4M
-3.41% 12.84%
22.56
4.55
3.35% 1705.32%
1.7B
826.7M
-30.54% -63.53%
-22.04
2.08
-2.04% -117.36%
1.0B
190.3M
-7.76% -1.93%
11.27
5.46
12.08% 1950.56%
983.2M
740.4M
-22.73% -54.50%
-27.01
1.33
1.87% -78.85%

Financials for Gaming and Leisure Properties

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue3.0%1,3121,2741,2391,2301,216
  S&GA Expenses-7.2%51.0055.0056.0061.0061.00
EBITDA6.0%1,2841,2121,1191,094-
EBITDA Margin2.9%0.98*0.95*0.90*0.89*-
Earnings Before Taxes9.8%720656570555562
EBT Margin6.6%0.55*0.52*0.46*0.45*-
Interest Expenses1.6%309305298291283
Net Income11.0%685617546529534
Net Income Margin7.7%0.52*0.48*0.44*0.43*-
Free Cahsflow3.7%920887860832-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets1.4%10,93010,77610,65810,72010,690
    Cash Equivalents305.0%23959.006.00156725
  Net PPE-13.00----
Liabilities-0.2%6,8126,8287,2097,2527,300
  Long Term Debt0.0%6,1286,1266,5226,5556,552
Shareholder's Equity4.7%3,7783,6073,4493,4683,185
  Retained Earnings0.6%-1,798-1,808-1,846-1,823-1,771
  Additional Paid-In Capital3.0%5,5745,4134,9544,9504,954
Shares Outstanding1.2%261258248248247
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations3.7%920887860832804
  Share Based Compensation2.7%20.0020.0019.0019.0017.00
Cashflow From Investing61.5%-354-919-830-1,161-1,030
Cashflow From Financing-200.3%-1,051-349-196-65.89443
  Dividend Payments2.4%771753730713634

Risks for GLPI

What is the probability of a big loss on GLPI?

20%


Probability that Gaming and Leisure Properties stock will be more than 20% underwater in next one year

20%


Probability that Gaming and Leisure Properties stock will be more than 30% underwater in next one year.

19.6%


Probability that Gaming and Leisure Properties stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does GLPI drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Gaming and Leisure Properties was unfortunately bought at previous high price.

Drawdowns

Returns for GLPI

Cumulative Returns on GLPI

14.5%


7-Year Cumulative Returns

14.0%


5-Year Cumulative Returns

19.8%


3-Year Cumulative Returns

What are the long-term rolling returns for GLPI?

FIve years rolling returns for Gaming and Leisure Properties.

Annualized Returns

Which funds bought or sold GLPI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
added
26.85
365,478
1,108,480
0.03%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
4.93
4,800,800
25,188,800
0.03%
2023-03-06
Rockefeller Capital Management L.P.
added
37.8
27,000
70,000
-%
2023-02-28
Voya Investment Management LLC
added
24.04
3,297,470
10,458,500
0.01%
2023-02-24
SRS Capital Advisors, Inc.
sold off
-100
-2,000
-
-%
2023-02-24
National Pension Service
new
-
20,450,500
20,450,500
0.04%
2023-02-24
NATIXIS
sold off
-100
-17,382,000
-
-%
2023-02-21
CENTERSQUARE INVESTMENT MANAGEMENT LLC
sold off
-100
-31,580,000
-
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
added
3.39
23,381
130,381
-%
2023-02-21
MACQUARIE GROUP LTD
reduced
-12.22
782,446
25,663,400
0.03%

1–10 of 47

Latest Funds Activity

Are funds buying GLPI calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own GLPI
No. of Funds

Gaming and Leisure Properties News

Nasdaq

Guru Fundamental Report for GLPI.

Nasdaq,
19 hours ago

StockNews.com

Casino.Org News

Yahoo Finance

Casino.Org News

Schedule 13G FIlings of Gaming and Leisure Properties

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
capital international investors
7.1%
18,229,776
SC 13G/A
Feb 13, 2023
capital world investors
4.3%
11,081,603
SC 13G/A
Feb 09, 2023
vanguard group inc
14.21%
36,589,613
SC 13G/A
Jan 31, 2023
blackrock inc.
7.0%
18,080,908
SC 13G/A
Feb 11, 2022
capital world investors
7.9%
19,586,372
SC 13G/A
Feb 11, 2022
capital international investors
7.7%
19,084,523
SC 13G
Feb 03, 2022
blackrock inc.
6.6%
15,835,618
SC 13G/A
Feb 16, 2021
capital world investors
8.5%
19,578,207
SC 13G/A
Feb 10, 2021
vanguard group inc
13.26%
30,476,953
SC 13G/A
Jan 29, 2021
blackrock inc.
7.0%
16,205,344
SC 13G/A

GLPI Fair Value

Gaming and Leisure Properties fair value in different scenarios

The table shows the Fair Value estimates for Gaming and Leisure Properties for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

31.37

-37.53%

38.22

-23.89%

49.48

-1.47%

67.34

34.09%

96.13

91.42%
Current Inflation

28.96

-42.33%

34.79

-30.72%

44.18

-12.03%

59.17

17.82%

83.35

65.97%
Very High Inflation

26.00

-48.23%

30.65

-38.97%

37.94

-24.45%

49.70

-1.04%

68.70

36.80%

Historical Gaming and Leisure Properties Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Gaming and Leisure Properties

View All Filings
Date Filed Form Type Document
Mar 02, 2023
4
Insider Trading
Feb 23, 2023
10-K
Annual Report
Feb 22, 2023
4
Insider Trading
Feb 13, 2023
SC 13G/A
Major Ownership Report
Feb 13, 2023
SC 13G/A
Major Ownership Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 02, 2023
4
Insider Trading
Feb 02, 2023
4
Insider Trading
Jan 31, 2023
SC 13G/A
Major Ownership Report
Jan 13, 2023
8-K
Current Report

Latest Insider Trading transactions for GLPI

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-01
Urdang E Scott
bought
53,820
53.82
1,000
-
2023-02-17
CARLINO PETER M
acquired
-
-
27,140
chairman,ceo,president
2023-02-17
CARLINO PETER M
sold
-
-
-194,281
chairman,ceo,president
2023-02-01
Demchyk Matthew
sold
-76,262
54.01
-1,412
svp, chief investment officer
2023-02-01
Moore Brandon John
sold
-162,000
54.00
-3,000
coo, gen counsel & sec
2023-01-11
Demchyk Matthew
sold
-102,501
52.27
-1,961
svp, chief investment officer
2023-01-04
Ladany Steven
sold
-487,131
51.25
-9,505
svp chief development officer
2023-01-04
CARLINO PETER M
sold (taxes)
-371,076
51.19
-7,249
chairman,ceo,president
2023-01-04
Demchyk Matthew
sold (taxes)
-111,338
51.19
-2,175
svp, chief investment officer
2023-01-04
Moore Brandon John
sold
-168,854
51.23
-3,296
coo, gen counsel & sec

1–10 of 50

Peter M. Carlino
20
GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.

GLPI Income Statement

2022-12-31
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues   
Rental income$ 1,173,376$ 1,106,658$ 1,031,036
Interest income from real estate loans0019,130
Total income from real estate1,311,6851,106,6581,050,166
Gaming, food, beverage and other0109,693102,999
Total revenues1,311,6851,216,3511,153,165
Operating expenses   
Gaming, food, beverage and other053,03956,698
Land rights and ground lease expense49,04837,39029,041
General and administrative51,31961,24568,572
Gains from dispositions(67,481)(21,751)(41,393)
Depreciation238,688236,434230,973
Provision for credit losses, net6,8988,2260
Total operating expenses281,770374,583343,891
Income from operations1,029,915841,768809,274
Other income (expenses)   
Interest expense(309,291)(283,037)(282,142)
Interest income1,905197569
Unusual or Infrequent Item, or Both, Insurance Proceeds03,5000
Losses on debt extinguishment(2,189)0(18,113)
Total other expenses(309,575)(279,340)(299,686)
Income before income taxes720,340562,428509,588
Income tax expense17,05528,3423,877
Net income703,285534,086505,711
Noncontrolling Interest in Net Income (Loss) Operating Partnerships, Nonredeemable(18,632)(39)0
Net income$ 684,653$ 534,047$ 505,711
Earnings per common share:   
Basic earnings per common share (in dollars per share)$ 2.71$ 2.27$ 2.31
Diluted earnings per common share (in dollars per share)$ 2.70$ 2.26$ 2.30
Impairment of Real Estate$ 3,298$ 0$ 0
Real estate   
Income from direct financing lease$ 138,309$ 0$ 0

GLPI Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets  
Real estate investments, net$ 7,707,935$ 7,777,551
Net Investment in Lease1,903,1951,201,670
Assets held for sale077,728
Right-of-use assets and land rights, net834,067851,819
Cash and cash equivalents239,083724,595
Other assets246,10657,086
Total assets10,930,38610,690,449
Liabilities  
Accounts payable, dividend payable and accrued expenses6,56163,543
Accrued interest82,29771,810
Accrued salaries and wages6,7426,798
Lease liabilities181,965183,945
Financing lease liabilities53,79253,309
Long-term debt, net of unamortized debt issuance costs, bond premiums and original issuance discounts6,128,4686,552,372
Rental income324,774329,068
Other liabilities27,69139,464
Total liabilities6,812,2907,300,309
Commitments and Contingencies
Equity  
Preferred stock ($.01 par value, 50,000,000 shares authorized, no shares issued or outstanding at December 31, 2022 and December 31, 2021)00
Common stock ($.01 par value, 500,000,000 shares authorized, 260,727,030 shares and 247,206,937 shares issued and outstanding at December 31, 2022 and December 31, 2021, respectively)2,6072,472
Additional paid-in capital5,573,5674,953,943
Accumulated deficit(1,798,216)(1,771,402)
Total equity attributable to Gaming and Leisure Properties3,777,9583,185,013
Non-controlling interests in GLPI's Operating Partnership (7,366,683 units and 4,348,774 units outstanding at December 31, 2022 and December 31, 2021, respectively340,138205,127
Total equity4,118,0963,390,140
Total liabilities and equity$ 10,930,386$ 10,690,449
Other Ownership Interests, Units Issued7,366,6834,348,774