GLPI
Gaming and Leisure Properties, Inc.
NasdaqGSUSDEQUITY
Real Estate
DELAYED
Sell
-33/100
Last price
38.08
▲ 0.17 (0.45%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Overlay another symbol
Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
—
Prev close
37.91
Day high
38.49
Day low
37.83
Volume
3.68M
Market cap
$11.41B
P/E (TTM)
11.13
52W range
37.33 – 49.95
Trailing performance
Returnvs SPY
1W
-0.50%
-2.4%
1M
-9.16%
-10.3%
3M
-11.26%
-15.8%
6M
-17.09%
-35.3%
YTD
-14.79%
-29.0%
1Y
-18.75%
-35.2%
3Y
-16.40%
-98.7%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on GLPI open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
+7.00K
Net buying
Buy transactions
1
10.00K shares
Sell transactions
1
3.00K shares
Net transactions
+2
Buys less sells
Sell : buy shares
0.3 : 1
Mixed
Insider-held shares
11.67M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 18, 26 | SHANKS EARL C Director |
BUY | 10.00K | $422.40K | Direct |
| Jun 10, 26 | URDANG E SCOTT Director |
SELL | 3.00K | $144.96K | Direct |
| Feb 27, 26 | BURKE DESIREE A. Chief Financial Officer |
SELL | 9.80K | $480.59K | Direct |
| Feb 24, 26 | MOORE BRANDON J. President |
SELL | 18.37K | $882.86K | Direct |
| Feb 23, 26 | URDANG E SCOTT Director |
SELL | 4.00K | $189.48K | Direct |
| Jan 7, 26 | LADANY STEVEN Officer |
SELL | 13.41K | $603.94K | Direct |
| Jan 5, 26 | LADANY STEVEN Officer |
SELL | 23.45K | $1.05M | Direct |
| Jan 2, 26 | MOORE BRANDON J. President |
STOCK | 42.04K | $0 | Direct |
| Jan 2, 26 | LYNTON CAROL Director |
STOCK | 7.38K | $0 | Direct |
| Jan 2, 26 | BOROFSKY MICHAEL C. Director |
STOCK | 4.48K | $0 | Direct |
| Jan 2, 26 | CHASE DEBRA MARTIN Director |
STOCK | 4.48K | $0 | Direct |
| Jan 2, 26 | LADANY STEVEN Officer |
STOCK | 28.66K | $0 | Direct |
| Jan 2, 26 | PERRY JAMES B Director |
STOCK | 4.48K | $0 | Direct |
| Jan 2, 26 | MARSHALL JOSEPH W. III Director |
STOCK | 8.84K | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BURKE DESIREE A. |
Chief Financial Officer | 128.35K | Sale |
CARLINO PETER M |
Chief Executive Officer | 10.79M | Stock Award(Grant) |
DEMCHYK MATTHEW |
Chief Investment Officer | 41.30K | Sale |
LADANY STEVEN |
Officer | 57.89K | Sale |
MARSHALL JOSEPH W. III |
Director | 93.67K | Stock Award(Grant) |
MOORE BRANDON J. |
President | 260.81K | Sale |
PERRY JAMES B |
Director | 44.62K | Stock Award(Grant) |
SCHWARTZ BARRY F |
Director | 63.53K | Stock Award(Grant) |
SHANKS EARL C |
Director | 107.26K | Purchase |
URDANG E SCOTT |
Director | 127.43K | Sale |
Fundamentals
Market cap$11.41B
Enterprise value$19.54B
Revenue (TTM)$1.66B
Gross profit$1.69B
EBITDA$1.65B
Net income$968.05M
EPS (TTM)$3.42
Free cash flow$506.75M
Total cash$319.00M
Total debt$8.38B
Book value / share$17.13
Shares outstanding290.92M
Float278.54M
Short % of float4.01%
Dividend yield8.61%
Beta (5Y)0.68
Valuation & profitability ratios
Trailing P/E11.13
Forward P/E11.44
PEG ratio—
Price / sales—
Price / book2.22
EV / revenue11.80
EV / EBITDA11.86
Gross margin102.15%
Operating margin77.48%
Profit margin58.53%
Return on equity19.35%
Return on assets6.42%
Debt / equity155.72
Current ratio24.29
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $1.59B | $1.53B | $1.44B | $1.31B | +4.1% |
| Operating revenue | $1.59B | $1.53B | $1.44B | $1.31B | +4.1% |
| Cost of revenue | $55.41M | $47.67M | $45.93M | $52.35M | +16.2% |
| Gross profit | $1.54B | $1.48B | $1.39B | $1.26B | +3.7% |
| Selling, general & admin | $57.19M | $59.57M | $56.45M | $51.32M | -4.0% |
| Total operating expense | $331.72M | $356.98M | $325.78M | $296.90M | -7.1% |
| Operating income | $1.21B | $1.13B | $1.07B | $962.43M | +7.2% |
| Net interest income | -$345.08M | -$320.91M | -$310.78M | -$307.39M | -7.5% |
| Pre-tax income | $852.59M | $809.78M | $757.37M | $720.34M | +5.3% |
| Tax provision | $2.23M | $2.13M | $2.00M | $17.05M | +4.7% |
| Net income | $825.11M | $784.62M | $734.28M | $684.65M | +5.2% |
| Net income to common | $824.37M | $784.16M | $733.85M | $684.22M | +5.1% |
| Basic EPS | 2.95 | 2.87 | 2.78 | 2.71 | +2.8% |
| Diluted EPS | 2.95 | 2.87 | 2.77 | 2.70 | +2.8% |
| EBIT | $1.23B | $1.18B | $1.08B | $1.03B | +4.2% |
| EBITDA | $1.51B | $1.45B | $1.36B | $1.28B | +4.1% |
| Basic shares | 279.70M | 273.39M | 264.05M | 252.72M | +2.3% |
| Diluted shares | 280.04M | 273.53M | 264.99M | 253.85M | +2.4% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $224.31M | $462.63M | $683.98M | $239.08M | -51.5% |
| Cash & short-term investments | $224.31M | $1.02B | $683.98M | $239.08M | -78.1% |
| Accounts receivable | $2.56B | $2.33B | $2.02B | $1.90B | +9.6% |
| Total current assets | $3.03B | $3.52B | $2.75B | $2.14B | -13.9% |
| Property, plant & equipment | $242.05M | $244.59M | $196.25M | $181.24M | -1.0% |
| Goodwill & intangibles | $830.11M | $847.19M | $639.27M | $652.82M | -2.0% |
| Total assets | $12.91B | $13.08B | $11.81B | $10.93B | -1.3% |
| Total current liabilities | $328.89M | $347.22M | $382.47M | $420.37M | -5.3% |
| Long-term debt | $7.20B | $7.74B | $6.63B | $6.13B | -6.9% |
| Total debt | $7.51B | $8.04B | $6.88B | $6.36B | -6.6% |
| Total liabilities | $7.90B | $8.43B | $7.30B | $6.81B | -6.3% |
| Retained earnings | -$1.99B | -$1.94B | -$1.90B | -$1.80B | -2.4% |
| Shareholder equity | $4.63B | $4.27B | $4.16B | $3.78B | +8.4% |
| Working capital | $2.70B | $3.17B | $2.36B | $1.72B | -14.8% |
| Net tangible assets | $3.80B | $3.42B | $3.52B | $3.13B | +11.0% |
| Shares issued | 283.04M | 274.42M | 270.92M | 260.73M | +3.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $850.36M | $807.65M | $755.37M | $703.28M | +5.3% |
| Depreciation & amortisation | $282.94M | $273.42M | $276.42M | $254.55M | +3.5% |
| Stock-based compensation | $21.18M | $24.26M | $22.87M | $20.43M | -12.7% |
| Change in working capital | -$12.01M | $18.18M | $321.00K | $10.24M | -166.1% |
| Operating cash flow | $1.13B | $1.07B | $1.01B | $920.13M | +5.3% |
| Capital expenditure | -$304.44M | -$39.69M | -$47.44M | -$24.02M | -667.1% |
| Investing cash flow | -$308.76M | -$1.61B | -$650.83M | -$354.49M | +80.8% |
| Dividends paid | -$871.87M | -$830.72M | -$833.98M | -$770.86M | -5.0% |
| Financing cash flow | -$1.06B | $311.82M | $86.35M | -$1.05B | -439.6% |
| Free cash flow | $824.97M | $1.03B | $961.93M | $896.10M | -20.1% |
| End cash position | $224.31M | $462.63M | $683.98M | $239.08M | -51.5% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $430.52M | $419.99M | $407.03M | $397.61M | $394.88M | +2.5% |
| Operating revenue | $430.52M | $419.99M | $407.03M | $397.61M | $394.88M | +2.5% |
| Cost of revenue | $14.15M | $13.80M | $14.13M | $13.79M | $13.94M | +2.5% |
| Gross profit | $416.37M | $406.19M | $392.90M | $383.82M | $380.93M | +2.5% |
| Selling, general & admin | $13.24M | $17.94M | $6.02M | $16.55M | $15.91M | -26.2% |
| Total operating expense | $82.81M | $72.84M | $23.21M | $46.66M | $138.87M | +13.7% |
| Operating income | $333.56M | $333.35M | $369.69M | $337.16M | $242.06M | +0.1% |
| Net interest income | -$96.85M | -$93.12M | -$87.48M | -$84.34M | -$85.35M | -4.0% |
| Pre-tax income | $235.54M | $239.96M | $275.92M | $249.04M | $156.71M | -1.8% |
| Tax provision | $601.00K | $560.00K | $560.00K | $560.00K | $545.00K | +7.3% |
| Net income | $228.42M | $231.83M | $267.30M | $241.19M | $151.44M | -1.5% |
| Net income to common | $228.25M | $231.67M | $267.13M | $240.98M | $151.25M | -1.5% |
| Basic EPS | 0.80 | 0.82 | 0.94 | 0.85 | 0.55 | -2.4% |
| Diluted EPS | 0.80 | 0.82 | 0.94 | 0.85 | 0.54 | -2.4% |
| EBIT | $336.25M | $335.82M | $368.53M | $343.10M | $246.64M | +0.1% |
| EBITDA | $407.10M | $405.13M | $436.95M | $414.84M | $320.15M | +0.5% |
| Basic shares | 285.73M | 283.22M | 284.36M | 283.75M | 277.44M | +0.9% |
| Diluted shares | 285.86M | 283.48M | 284.36M | 283.75M | 277.68M | +0.8% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $319.00M | $274.51M | $224.31M | $751.72M | $604.16M | +16.2% |
| Cash & short-term investments | $319.00M | $274.51M | $224.31M | $751.72M | $604.16M | +16.2% |
| Accounts receivable | $2.57B | $2.56B | $2.56B | $2.31B | $2.28B | +0.2% |
| Total current assets | $3.18B | $3.14B | $3.03B | $3.24B | $3.04B | +1.4% |
| Property, plant & equipment | $240.31M | $241.34M | $242.05M | $242.67M | $243.28M | -0.4% |
| Goodwill & intangibles | $821.57M | $825.84M | $830.11M | $834.38M | $838.65M | -0.5% |
| Total assets | $14.16B | $13.77B | $12.91B | $12.79B | $12.49B | +2.8% |
| Total current liabilities | $337.32M | $297.44M | $328.89M | $278.25M | $317.13M | +13.4% |
| Long-term debt | $8.08B | $8.08B | $7.20B | $7.20B | $6.89B | +0.0% |
| Total debt | $8.38B | $8.38B | $7.51B | $7.51B | $7.20B | +0.0% |
| Total liabilities | $8.77B | $8.73B | $7.90B | $7.83B | $7.56B | +0.5% |
| Retained earnings | -$1.99B | -$1.98B | -$1.99B | -$2.04B | -$2.06B | -0.5% |
| Shareholder equity | $4.98B | $4.63B | $4.63B | $4.58B | $4.55B | +7.5% |
| Working capital | $2.84B | $2.84B | $2.70B | $2.96B | $2.72B | +0.2% |
| Net tangible assets | $4.16B | $3.81B | $3.80B | $3.74B | $3.72B | +9.3% |
| Shares issued | 290.92M | 283.22M | 283.04M | 283.01M | 283.01M | +2.7% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $234.94M | $239.40M | $275.36M | $248.48M | $156.16M | -1.9% |
| Depreciation & amortisation | $70.85M | $69.31M | $68.41M | $71.74M | $73.50M | +2.2% |
| Stock-based compensation | $4.64M | $8.10M | $4.62M | $1.55M | $6.16M | -42.7% |
| Change in working capital | $37.22M | -$32.99M | $48.19M | -$40.00M | $13.79M | +212.8% |
| Operating cash flow | $349.60M | $270.23M | $343.24M | $240.31M | $293.38M | +29.4% |
| Capital expenditure | -$193.83M | -$111.48M | -$246.99M | -$23.35M | -$21.19M | -73.9% |
| Investing cash flow | -$409.24M | -$853.54M | -$642.24M | -$166.87M | -$33.65M | +52.1% |
| Dividends paid | -$238.63M | -$221.07M | -$220.94M | -$220.94M | -$220.93M | -7.9% |
| Financing cash flow | $104.13M | $633.51M | -$228.41M | $74.11M | $175.56M | -83.6% |
| Free cash flow | $155.77M | $158.75M | $96.25M | $216.95M | $272.18M | -1.9% |
| End cash position | $319.00M | $274.51M | $224.31M | $751.72M | $604.16M | +16.2% |
Options analytics
Put / call volume
0.20
Call-heavy session
Put / call open interest
1.00
Positioning, not flow
Max pain
52.50
+37.9% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
284
Contracts, this expiry
Put volume
57
Contracts, this expiry
Heaviest call OI
65.00
5 contracts
Heaviest put OI
50.00
3 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.80 | 0.80 | +0.6% |
| Mar 2026 | 0.77 | 0.79 | +3.2% |
| Dec 2025 | 0.76 | 0.94 | +24.5% |
| Sep 2025 | 0.77 | 0.86 | +13.0% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.80 | 5 | $437.51M | +10.0% |
| Next quarter | 0.82 | 5 | $442.89M | +8.8% |
| Current year | 3.11 | 1 | $1.73B | +8.5% |
| Next year | 3.33 | 5 | $1.83B | +5.9% |
Analyst targets & ownership
Mean target$51.78
High target$63.00
Low target$43.00
Implied upside35.98%
Analyst count23
ConsensusBUY
Strong buy / Buy5 / 10
Hold8
Sell / Strong sell0 / 1
Held by insiders4.01%
Held by institutions97.11%
Institutions holding862
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
38.27
-0.50% from price
SMA 20
39.34
-3.19% from price
SMA 50
41.72
-8.72% from price
SMA 100
43.71
-12.88% from price
SMA 200
45.06
-15.50% from price
EMA 12
38.57
-1.26% from price
EMA 26
39.73
-4.15% from price
EMA 50
41.15
-7.47% from price
RSI (14)
31.1
Neutral
MACD (12,26,9)
-1.16
Hist -0.03
ATR (14)
0.65
1.70% of price
Realised vol 30D
15.2%
Annualised
Bollinger upper
41.74
20, 2σ
Bollinger lower
36.94
20, 2σ
50 / 200 cross
Death
41.72 vs 45.06
Trend bias
Below 200
-15.50%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.01
Less volatile than market
Correlation to SPY
0.01
Largely independent
Realised vol 30D
15.2%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-24.5%
Peak to trough
Max drawdown 5Y
-31.6%
Peak to trough
ATR 14
0.65
1.70% of price
Beta (reported)
0.68
5Y monthly, from filing
Short interest
Shares short
9.93M
Prior 9.13M
Change vs prior
+8.9%
Shorts adding
% of float
4.01%
Normal
% of shares out
3.41%
Against total outstanding
Days to cover
2.3
Liquid
Float
278.54M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 2, 26 | Citizens | MAINTAINED | Market Outperform | Market Outperform |
| Sep 24, 26 | JP Morgan | DOWNGRADE | Overweight | Neutral |
| Sep 24, 26 | Scotiabank | MAINTAINED | Sector Perform | Sector Perform |
| Sep 17, 26 | Scotiabank | MAINTAINED | Sector Perform | Sector Perform |
| Sep 17, 26 | Morgan Stanley | MAINTAINED | Equal-Weight | Equal-Weight |
| Sep 2, 26 | Mizuho | MAINTAINED | Outperform | Outperform |
| Sep 1, 26 | Wells Fargo | MAINTAINED | Equal-Weight | Equal-Weight |
| Aug 13, 26 | Scotiabank | MAINTAINED | Sector Perform | Sector Perform |
| Aug 10, 26 | Cantor Fitzgerald | MAINTAINED | Neutral | Neutral |
| Aug 3, 26 | RBC Capital | MAINTAINED | Outperform | Outperform |
| Jul 31, 26 | Stifel | MAINTAINED | Hold | Hold |
| Jul 22, 26 | Barclays | MAINTAINED | Overweight | Overweight |
Dividends & splits
Forward rate$3.28 / yr
Forward yield8.61%
5-year avg yield6.15%
Payout ratio92.40%
Ex-dividend dateSep 11, 2026
Next pay dateSep 25, 2026
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-07-31
Periodic Financial Reports
10-Q · 2026-07-30
Corporate Changes & Voting Matters
8-K · 2026-06-05
Corporate Changes & Voting Matters
8-K · 2026-04-24
Periodic Financial Reports
10-Q · 2026-04-23
Corporate Changes & Voting Matters
8-K · 2026-03-10
Corporate Changes & Voting Matters
8-K · 2026-03-05
Corporate Changes & Voting Matters
8-K · 2026-03-02
Headlines
VICI Properties Expands Experiences: Can Non-Gaming Growth Scale?
Zacks · 2d ago
3 U.S. Dividend Stocks Getting A Fresh Look As Treasury Yields Rise
Simply Wall St. · 5d ago
5 High-Yield Dividend Stocks That Pass the Coverage Test (Not Just the Yield Test)
24/7 Wall St. · 6d ago
Why VICI’s 1.3x Dividend Coverage Ratio Looks Safer Than Its Falling Stock Price Suggests
24/7 Wall St. · 7d ago
3 Large Cap Dividend Stocks That Look Built For Higher Rates
Simply Wall St. · 12d ago
Gaming and Leisure Properties Shares Fall After JPMorgan Downgrade
MT Newswires · 13d ago
JPMorgan Downgrades Gaming and Leisure Properties to Neutral From Overweight, Adjusts PT to $46 From $51
MT Newswires · 13d ago
Gaming and Leisure Properties, Inc. Schedules Third Quarter 2026 Earnings Release and Conference Call
GlobeNewswire · 16d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.