Truist Securities Cuts GLPI Price Target to $55

Truist Securities maintained its Buy rating on Gaming and Leisure Properties, Inc. (NasdaqGS: GLPI) on October 20, 2026, while adjusting its price target downwards from $60.00 to $55.00. The stock closed at $39.14 on the day of the rating update.

GLPI Gaming and Leisure Properties, Inc.

$38.35 ▼ -8.91% year to date

1M 3M YTD

Daily close · Oct 21, 2026

Truist Securities's Call on Gaming and Leisure Properties

Truist Securities kept its positive stance on the specialty real estate investment trust while trimming its twelve-month price objective by $5.00. Other firms have also adjusted their views recently, including Citizens maintaining a Market Outperform rating with a $49.00 target on October 2, Macquarie keeping an Outperform rating with a $55.00 target on October 7, Wells Fargo maintaining an Equal-Weight rating with a $40.00 target on October 19, and Barclays maintaining an Overweight rating with a $44.00 target on October 20.

Other Institutional Activity in Gaming and Leisure Properties

Large institutional investors have adjusted their holdings in the real estate company over recent quarters. Dodge & Cox Inc. grew its holdings by 314,922 shares, ending with 13,773,135 shares worth about $543,890,090. Principal Financial Group, Inc. reduced its stake by 1,090,385 shares, holding 6,681,429 shares valued at approximately $263,844,290. Citadel Advisors Llc added 528,729 shares to finish with 6,117,830 shares worth about $241,588,216. Cohen & Steers Inc. cut its position by 2,585,308 shares, retaining 5,622,019 shares valued at roughly $222,009,036.

Gaming and Leisure Properties, Inc. Stock Up 3.0%

The shares recently traded around $39.51, sitting 0.9% above their event-day close. The stock is positioned below its 50-day moving average of $40.44 and its 200-day moving average of $44.72. The share price rests below its 52-week high of $49.95 and above its 52-week low of $37.33.

Recent Earnings

The company generated trailing-twelve-month revenue of $1,655,144,960 alongside $3.42 in trailing earnings per share. Investors look ahead to the next earnings release scheduled for October 29, 2026.

Dividend

The real estate investment trust distributes an annual dividend of $3.28 per share.

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

Company insiders have transacted shares over the past several months. President Brandon J. Moore disposed of 18,374 shares on February 24, 2026, valued at $882,859. Chief Financial Officer Desiree A. Burke sold 9,804 shares at $49.02 apiece on February 27, 2026, totaling $480,592. Director E Scott Urdang parted with 3,000 shares at $48.32 on June 10, 2026, worth $144,960. Director Earl C Shanks bought 10,000 shares at $42.24 on August 18, 2026, for a total of $422,400.

Analysts Set New Price Targets

Analyst coverage shows a consensus Buy recommendation across 23 opinions, with a mean price target of $51.04.

About Gaming and Leisure Properties

Headquartered in Wyomissing, Pennsylvania, Gaming and Leisure Properties is a specialty real estate investment trust focused on acquiring, financing, and owning real estate property leased to gaming operators. Analyst updates provide ongoing perspective on how changing real estate valuations impact the firm's portfolio.

Bottom Line

Truist Securities remains optimistic about the company despite lowering its price target. Investors will monitor upcoming financial results on October 29, 2026, for further insight into portfolio performance.