JP Morgan Rates Gaming and Leisure Properties (GLPI) buy

JP Morgan has reiterated its buy rating on Gaming and Leisure Properties, Inc. (NasdaqGS: GLPI), setting a price target of $51. Analyst Anthony Paolone reaffirmed the rating on June 30, 2026. This suggests confidence in the stock's potential, which traded at $45.91 on Tuesday.

Other Institutional Activity in Gaming and Leisure Properties

BlackRock, Inc. grew its holdings in Gaming and Leisure Properties by 434,860 shares, reaching a total of 35,315,021 shares valued at about $1.57 billion, marking a 1.2% increase. Vanguard Portfolio Management LLC opened a new position with 24,040,402 shares worth approximately $1.07 billion. Wellington Management Group LLP added 1,973,401 shares, bringing its total to 13,565,435 shares, valued at $601.9 million, a 17% increase. Dodge & Cox trimmed its stake slightly by 131,805 shares, leaving it with 13,458,157 shares valued at $597.1 million, a 1% decrease. State Street Corp increased its position by 279,052 shares to 13,172,150 shares, valued at around $584.4 million, reflecting a 2.2% rise.

Gaming and Leisure Properties, Inc. Stock Up 13.9%

Shares of NasdaqGS:GLPI traded near $45.91 on Tuesday. Gaming and Leisure Properties has a market cap of approximately $12.99 billion and a P/E ratio of 14.47. The stock's 52-week range is between $41.17 and $49.95, with a 50-day moving average of $47.01 and a 200-day moving average of $45.91. It has a beta of 0.686, indicating lower volatility compared to the market. The company maintains a robust current ratio of 31.13 and a quick ratio of 28.38, though it carries a debt-to-equity ratio of 166.34.

Recent Earnings

Gaming and Leisure Properties reported revenue of approximately $1.62 billion, with a revenue growth rate of 6.3%. The company achieved a net margin of 55.06% and a return on equity of 19.09%. Earnings per share stood at $3.17. The next earnings release is scheduled for July 30, 2026.

Dividend

The company offers an annual dividend rate of $3.28, yielding 7.15% based on recent prices. The dividend payout ratio stands at 98.42%.

Insider Buying and Selling at Gaming and Leisure Properties, Inc.

Recent insider activity shows several sales. On June 10, 2026, Scott Urdang sold 3,000 shares at an average price of $48.32. Earlier this year, CFO and Treasurer Desiree Burke sold 9,804 shares at $49.02 on February 27. President, COO, and Secretary Brandon John Moore sold multiple batches, including 16,884 shares at $48.05 on February 24.

Analysts Set New Price Targets

On June 30, 2026, JP Morgan maintained its buy rating on Gaming and Leisure Properties with a price target of $51. Scotiabank also maintained a hold rating with a $49 target on June 18, 2026. Barclays and Mizuho have both maintained buy ratings with targets of $52 and $53, respectively, earlier in the year. The consensus among 23 analysts is a buy recommendation, with a mean target price of $54.39.

About Gaming and Leisure Properties, Inc.

Gaming and Leisure Properties, Inc., based in Wyomissing, Pennsylvania, operates as a real estate investment trust (REIT) specializing in gaming properties. The company acquires, finances, and owns real estate properties leased to gaming operators through triple-net lease arrangements. These arrangements require tenants to handle maintenance, insurance, taxes, and utilities. Led by CEO Peter M. Carlino, the company employs around 20 people.

Bottom Line

Gaming and Leisure Properties, Inc. continues to attract attention from analysts and investors, with JP Morgan reiterating a buy rating and a $51 price target. The company's financial metrics show solid performance, and it offers an appealing dividend yield. As always, remember that analyst ratings and institutional holdings reflect past data and are not guarantees of future performance.