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.
Valuation Insights | With price targets ranging from $52 to $57, GLPI trades at a slight discount to peers despite strong fundamentals and growth prospects in the gaming REIT space |
Growth Projections | Analysts forecast accelerating AFFO growth, with estimates ranging from $3.75 to $4.08 per share by 2026, supporting an attractive 6.1% dividend yield |
Financial Resilience | GLPI's strong balance sheet and evolving investment strategy position it as a key financing partner amid traditional banks' retreat from the gaming secto |
Strategic Expansion | Explore GLPI's $2.3B deal with Bally's and foray into tribal casinos, potentially doubling its addressable market in the gaming real estate secto |
Metrics to compare | GLPI | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipGLPIPeersSector | |
---|---|---|---|---|
P/E Ratio | 17.7x | 11.9x | 7.4x | |
PEG Ratio | 3.60 | 0.10 | 0.01 | |
Price / Book | 3.3x | 0.9x | 0.9x | |
Price / LTM Sales | 9.4x | 3.7x | 4.0x | |
Upside (Analyst Target) | 13.7% | 12.4% | 17.8% | |
Fair Value Upside | Unlock | 4.3% | 1.2% | Unlock |