Gaming and Leisure Properties, Inc. (GLPI)

Over the past six months, GLPI's stock price has declined by 6.34%, and by 15.38% over the past year. As of November 21, 2025, the share price was $43.04. In October 2025, GLPI reported third-quarter earnings with an EPS of $0.97, surpassing estimates, but revenue was slightly below expectations; a quarterly dividend of $0.78 per share was declared. In July 2025, Stifel downgraded GLPI's stock to "Hold" due to concerns about growth, particularly delays in the Bally's Chicago project, and revised the growth CAGR forecast for 2024-2026 down to 2.8%. Earlier in the year, GLPI's first-quarter earnings missed forecasts, but the company reported a record second quarter with increased revenue and Adjusted EBITDA due to acquisitions, financing, and rent escalators. Director E Scott Urdang sold 4,000 shares of GLPI stock on November 4, 2025.

While specific demand seasonality details for Gaming & Leisure Properties, Inc. are not available, its business model provides insulation from typical seasonal fluctuations. GLPI generates revenue through long-term, triple-net lease agreements, where tenants are responsible for property expenses and consistent rent payments, contributing to stable and predictable income. The company's focus on regional gaming properties may also contribute to less volatility in demand compared to markets heavily reliant on tourism.

Gaming & Leisure Properties, Inc. (GLPI) is a real estate investment trust (REIT) specializing in acquiring, owning, and leasing real estate to gaming and leisure operators. Established in 2013 as a spin-off from Penn National Gaming, GLPI uses long-term, triple-net lease agreements where tenants cover all property expenses, ensuring consistent cash flow and reduced operational risks. The company operates in the Real Estate sector, specifically Real Estate Investment Trusts, with a portfolio of gaming and leisure facilities leased to major operators, generating rental income.

Gaming & Leisure Properties, Inc. has a geographically diversified portfolio of 68 gaming and related facilities across 20 states in the United States. The company is headquartered in Wyomissing, Pennsylvania, and its properties include various Bally's locations, Belle of Baton Rouge, Casino Queen Marquette, DraftKings at Casino Queen, Hard Rock Hotel & Casino Biloxi, The Queen Baton Rouge, and the site of the former Tropicana Las Vegas.

In June 2025, Gaming & Leisure Properties, Inc. joined the National Association Against iGaming (NAAiG), opposing the expansion of online gambling, excluding sports betting, due to concerns about its potential risks to in-person gaming venues. Beyond this, there were no other significant events that negatively impacted GLPI's brand reputation in the past year. GLPI's reputation is largely tied to its stable lease agreements and strategic property management.

Gaming & Leisure Properties, Inc. is predominantly owned by institutional investors, who hold 338,462,850 shares. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., and Dodge & Cox. Institutional shareholders account for 91.83% of GLPI's ownership. Penn National Gaming Inc is the largest individual shareholder, holding 133.51 million shares, representing 47.18% of the company. Peter M. Carlino is another significant individual owner, with 32.45 million shares, or 11.47% of the company. Insiders collectively own 62.56% of the company. Legal & General Group Plc increased its stake by 10.6% in the second quarter of 2025, and Millennium Management LLC also significantly boosted its holdings.