GLPI Gaming and Leisure Properties, Inc.
Price Chart
Executive Summary
GLPI reported strong Q1 2026 results with AFFO per share of $1.02, beating the $0.77 consensus by 32.5%, driven by a 6.3% YoY revenue increase to $420.0M and accretive acquisitions. The company raised full-year 2026 AFFO guidance to $4.08–$4.12 per share, citing robust development funding and portfolio growth.
Actionable Insight
The significant AFFO beat and raised guidance signal strong operating momentum and development pipeline execution. Traders should monitor upcoming funding draws, including $225M for PENN’s Aurora relocation in June 2026, as continued accretive investments support dividend growth and cash flow expansion.
Key Facts
- AFFO per share: $1.02 (vs. $0.77 consensus, +32.5% beat)
- Total revenue: $420.0M (+6.3% YoY)
- Raised 2026 AFFO guidance to $4.08–$4.12 per share (prior: $4.06–$4.11)
- Completed $727M in accretive acquisitions: Bally’s Lincoln ($700M) and Live! Virginia land ($27M)
- Portfolio now spans 71 facilities across 21 states
Financial Impact
$420.0M revenue and $297.1M AFFO, with full-year AFFO guidance raised by $0.02 at midpoint
Risk Factors
- Guidance assumes no additional acquisitions or capital markets activity, limiting upside potential
- Tenant performance risks in a high-interest-rate environment could pressure lease coverage ratios
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3280396 |
Track record builds as more directional reports settle.
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Apr 24, 2026
7w ago
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DEFA14A
| $47.28 $47.89 | ▲ +1.30% | ▼ −3.66% | $47.47 (+0.41%) |
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Apr 24, 2026
7w ago
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8-K
| $47.28 $47.89 | ▲ +1.30% | ▼ −3.66% | $47.47 (+0.41%) |
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Apr 23, 2026
7w ago
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Press Release
| $47.15 $47.50 | ▲ +0.75% | ▼ −3.27% | $47.47 (+0.69%) |
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Apr 1, 2026
10w ago
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Press Release
| $44.42 $48.46 | ▲ +9.11% | ▼ −0.77% | $47.47 (+6.88%) |
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Mar 5, 2026
14w ago
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8-K
| $48.77 $45.14 | ▼ −7.44% | ▼ −5.40% | $47.47 (−2.66%) |
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Feb 24, 2026
15w ago
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Insider Cluster
| $48.21 $45.97 | ▼ −4.65% | ▲ +0.34% | $47.47 (−1.52%) |
US Market Status
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