Gaming and Leisure Properties

Gaming & Leisure Properties, Inc. is engaged in acquiring, financing, and owning real estate property to be leased to gaming operators in triple net lease arrangements. It operates through the GLP Capital and TRS Properties segments. The GLP Capital segment consists of the leased real property and represents the majority of business. The TRS Properties segment includes Hollywood Casino Perryville and Hollywood Casino Baton Rouge. The company was founded on February 13, 2013, and is headquartered in Wyomissing, PA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

GLPI achieves record Q4 results, poised for strategic growth

Gaming and Leisure Properties (GLPI) reported record results in Q4 2022, showcasing strong financial performance and strategic initiatives for future growth.
Management's confidence in tenant coverage, thoughtful approach to acquisitions, and readiness for future opportunities position GLPI well in the market.
Challenges related to services inflation, deal activity mix, and debt management require ongoing monitoring, while opportunities in acquisitions and revenue growth present avenues for expansion.
Overall, GLPI's performance, strengths, and opportunities indicate a resilient and proactive approach to navigating the evolving market landscape and driving sustained growth.

GLPI achieves record results, poised for gaming industry opportunities

Gaming and Leisure Properties (GLPI) reported record results in Q1 2023, with stock price and dividend at all-time highs. The company is well-positioned to capitalize on opportunities in the gaming industry with a strong financial foundation and multiple capital sources.
Despite challenges such as tightened lending practices and changing credit markets, GLPI aims for sustainable growth and profitability. Opportunities lie in developing gaming facilities, benefiting from stress in other real estate asset classes, and attracting outside investors.
GLPI's focus on accretive returns, historical performance insights, and successful relationships with tribal facilities enhance its competitive advantage. The company navigates market dynamics while maintaining a conservative balance sheet approach for long-term success.
Analysts' inquiries about risk management, development projects, and market opportunities reflect the company's proactive approach to addressing challenges and seizing opportunities in a dynamic gaming industry landscape.

GLPI achieves record Q2 results, eyes growth amid lease uncertainties

Gaming and Leisure Properties (GLPI) delivered strong financial performance in Q2 2023, showcasing growth and stability. The company's focus on long-term value creation, active market exploration, and strong balance sheet position them well for future opportunities. Despite challenges in lease resets and COVID impacts, GLPI remains cautiously optimistic and anticipates positive outcomes.

GLPI reports robust Q3 performance amid industry challenges and opportunities

GLPI's Q3 performance reflects financial strength and strategic portfolio management amidst industry challenges and market uncertainties.
The company's proactive risk management, focus on value creation, and diverse investment opportunities position it well for sustained growth and stability.
Navigating capital market challenges, leveraging strategic investments, and addressing potential headwinds demonstrate GLPI's resilience and forward-thinking approach.

GLPI posts robust Q4 earnings, eyes diverse growth opportunities

Gaming and Leisure Properties (GLPI) reported strong financial performance in Q4 2023, driven by strategic acquisitions and a focus on balance sheet strength.
Despite challenges like capital market stability and regulatory risks, GLPI showcases expertise in deal-making, creative tax structuring, and exploring diverse investment avenues.
The company's proactive approach to opportunities in tribal land, international investments, and emerging gaming markets positions it for continued growth and success.

Gaming and Leisure Properties reports robust Q1 performance and eyes growth opportunities

GLPI's Q1 2024 performance reflects a strong foundation set by significant transactions in 2023, with a focus on stability, leverage, and liquidity. Rent coverages remain robust, supporting expected rent increases and escalations.
The company's rigorous underwriting standards and focus on shareholder value position them well for future growth. Interest in the Las Vegas market and ongoing evaluations of funding opportunities present avenues for expansion.
Challenges include scrutiny on competitive deals, credit loss provisions, and financial strategies. Clarity on market dynamics and strategic financial planning will be key moving forward for GLPI.

GLPI reports robust Q2 earnings, eyes strategic growth opportunities

GLPI's Q2 2024 performance reflects strong financial growth, with increased income and decreased expenses, bolstering the company's financial position.
The company's focus on prudent capital deployment, balance sheet strength, and cautious approach to transactions highlight a commitment to sustainable growth.
Despite challenges in forecasting and financing, GLPI's strategic outlook remains positive, with opportunities in diverse sectors and markets for future expansion.

GLPI reports strong Q3 earnings, eyes growth amid operational stability

Gaming and Leisure Properties (GLPI) showcased robust financial performance with increased income and strong rent coverage ratios, underlining operational stability.
While facing challenges in managing rising operating expenses, GLPI's disciplined capital deployment and positive AFFO guidance position them for future growth.
The company's strategic focus on financial strength, potential opportunities, and shareholder value underscores a balanced approach to sustainable growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Gaming & Leisure Properties, Inc. engages in acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company was founded on February 13, 2013 and is headquartered in Wyomissing, PA.

WYOMISSING, Pa., April 11, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2023 first quarter financial results after the market close on Thursday, April 27, 2023. The Company will host a conference call at 10:00 a.m. ET on Friday, April 28, 2023.

Gaming and Leisure Properties, Inc. Schedules First Quarter 2023 Earnings Release and Conference Call

Gaming and Leisure Properties, Inc. had an excellent performance in 2022, raising its share price by double digits and creating healthy profit margins. I attribute the company's good performance to its good business model, aggressive growth, and growing rent rates.

Gaming and Leisure Properties: Stable Model Should Pillar Long-Term Success

American Tower

Alexandria Real Estate Equities

Community Healthcare Trust

CTO Realty Growth

Iron Mountain

Prologis

Chicago Atlantic Real Estate Finance

Rexford Industrial Realty

Starwood Property

Vici Properties

As if concerns over banks' liquidity weren't enough to rattle investors, analysts have been raising concerns about the U.S. commercial real-estate market, especially for office buildings. Below is a screen of real-estate investment trusts that concentrate on commercial real estate, highlighting the 11 analysts expect to fare best through 2024.

Amid warnings for the sector, these 11 commercial REIT stocks are loved by analysts, who see upside of up to 47%

Getty Realty

Do you have these three REIT stocks on your radar now?

Top Stocks To Buy Now? 3 REIT Stocks To Watch

Essential Properties Realty Trust Inc

Life Storage

Investors who want exposure to real estate, but who don't want to deal with clogged toilets, leaky roofs, and late rental payments often turn to real estate investment trusts, or REITs, which are reliable sources of income.

Look To REITs For Reliable Yield Even In Recessionary Environment

Assured Guaranty

Blackrock Inc

BWX Technologies

Commerce Bancshares

Cogent Communications Holdings

Canadian National Railway Company

eBay

Elevance Health Inc

Equinix

Evans Bancorp

Exponent

Comfort Systems USA

Genpact

Home Depot

Jack Henry & Associates

Kforce

Kimberly-Clark

L3Harris

LeMaitre Vascular

Louisiana-Pacific

Northrim BanCorp

Public Service Enterprise Group

Perrigo

All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 8.3% and a median increase of 8.1%.

32 Upcoming Dividend Increases Including 2 Dividend Kings

Ford Motor Company

Innovative Industrial Properties

New York Community Bancorp

Philip Morris

Sitio Royalties Corp

Western Union

In today's market, investors have plenty of options when it comes to high-yield stocks. However, it is best to be selective and focus on the best high-yield dividend stocks.

What is the Best High-Yield Dividend Stock to Buy Now? Our 7 Top Picks

JPMorgan BetaBuilders MSCI US REIT ETF

BrightSpire Capital

Centerspace REIT

CubeSmart

DiamondRock Hospitality

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Essex Property Trust

Extra Space Storage

Franklin BSP Realty Trust Inc

Farmland Partners

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

Gladstone Commercial

iShares Cohen & Steers REIT ETF

Indus Realty Trust Inc

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

Invesco KBW Premium Yield Equity REIT ETF

Lamar Advertising

Gladstone Land

MFA Financial

U.S. equity markets posted their worst week of the year as benchmark interest rates jumped to three-month highs on data showing a surprising reacceleration in inflation and economic activity in January. Declining for a third straight week - a skid that follows a stretch of four-of-five weekly gains to start the year - the S&P 500 dipped 2.7% while the Nasdaq declined over 3%.

Inflation Remains A Problem

Gaming and Leisure Properties, Inc. (NASDAQ:GLPI ) Q4 2022 Earnings Conference Call February 24, 2023 10:00 AM ET Company Participants Joe Jaffoni - Investor Relations Peter Carlino - Chairman and Chief Executive Officer Desiree Burke - Chief Financial Officer and Treasurer Brandon Moore - Chief Operating Officer, General Counsel and Secretary Matthew Demchyk - Senior Vice President and Chief Investment Officer Steven Ladany - Senior Vice President and Chief Development Officer Conference Call Participants Greg McGinniss - Scotiabank Brad Heffern - RBC Haendel St. Juste - Mizuho Rich Anderson - SMBC Barry Jonas - Truist Securities David Katz - Jefferies Daniel Gulino - Capital One Ronald Kamdem - Morgan Stanley John Massocca - Ladenburg Thalmann Robin Farley - UBS John DeCree - CBRE Securities Mitch Germain - JMP Securities Operator Greetings. Welcome to the Gaming and Leisure Properties, Inc. Fourth Quarter 2022 Earnings Conference Call.

Gaming and Leisure Properties, Inc. (GLPI) Q4 2022 Earnings Call Transcript

Gaming and Leisure Properties (GLPI) delivered FFO and revenue surprises of 0% and 0.07%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Gaming and Leisure Properties (GLPI) Matches Q4 FFO Estimates

WYOMISSING, Pa., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”) today announced record results for the fourth quarter and year-ended December 31, 2022.

Gaming and Leisure Properties, Inc. Reports Record Fourth Quarter Results, Establishes 2023 Guidance and Announces 2023 First Quarter Dividend of $0.72 per Share and Special Dividend of $0.25 per Share

WYOMISSING, Pa., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2022 fourth quarter financial results after the market close on Thursday, February 23, 2023. The Company will host a conference call at 10:00 a.m. ET on Friday, February 24, 2023.

Gaming and Leisure Properties, Inc. Schedules Fourth Quarter 2022 Earnings Release and Conference Call

AvalonBay Communities

Equity Residential

Invitation Homes

Kimco Realty

Regency Centers

Simon Property Group

High interest rates and a looming recession could make 2023 a challenging year for commercial real estate.

5 Best and Worst Performing Real Estate Stocks in Q4 2022

Blackstone Group

Energy Transfer LP Unit

Leggett & Platt

Newell Brands

Verizon

Even though the Federal Reserve has raised interest rates from 0% to 4.35% over the past year, longer rates on the 10-year and 30-year benchmark notes and bonds have collapsed.

Yields Have Totally Collapsed: 7 ‘Strong Buy' Stocks With Huge Dividends to Grab Now

Brixmor Property Group

NETSTREIT Corp

Piedmont Office Realty Trust

Interest rates rose again in December and likely will go higher when the Federal Reserve meets at the end of January with another 25- or 50-basis-point hike.

Top Wall Street Firm Favors Big Dividend REITs for 2023: 7 to Buy Now

WYOMISSING, Pa., Jan. 20, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”) announced the income tax allocation for federal income tax purposes of its aggregate distributions in 2022 of $3.045 per share of common stock (CUSIP: 36467J108).

Gaming and Leisure Properties Inc. Announces 2022 Distribution Tax Treatment

Gaming & Leisure Properties has significantly outperformed the broader REIT space over the past year, producing a positive total return of 27%. In a turbulent macro environment, Gaming & Leisure has benefitted from contractually guaranteed cash flows under its triple net lease structure.

Gaming & Leisure Properties: Limited Upside

National Retail Properties

Not every stock has been hammered in the recent downturn. Could these three highfliers have more room to run?

These 3 Stocks Are at All-Time Highs -- Are They Worth Buying?

Apartment Income REIT Corp

Most investors were thrilled to see 2022 come to an end, as it was one of the worst years for stocks since the turn of the century.

5 Contrarian REITs That Pay Big Dividends Have Outstanding 2023 Growth Prospects

Braemar Hotels & Resorts Inc

Goldman Sachs Future Real Estate And Infrastructure Equity ETF

The REIT sector ended a brutal 2022 on a low note, with a -7.72% total return in December. Large cap (-4.89%), mid cap (-6.03%) and small cap (-8.21%) REITs all averaged single-digit declines December, but micro caps (-15.21%) fell much more sharply.

The State Of REITs: January 2023 Edition

News for Gaming and Leisure Properties Stock (GLPI)