GLPI stock heads toward October 29 results near its yearly low

Published on 10/07/2026 at 03:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GLPI stock heads toward its October 29 results after USD 430.52 million of second-quarter revenue, up 9.0 percent year over year. Citizens JMP cut its target to USD 49.

GLPI, US36467J1088, Illustration mit AI erstellt.

Gaming and Leisure Properties stock (ISIN US36467J1088) was last at USD 38.08 on Nasdaq on October 6, 2026 at 4:00 p.m. ET, up 0.45 percent from the prior session. The casino-property REIT is heading toward its scheduled third-quarter results on October 29, 2026, according to Gaming and Leisure Properties.

Results date sets the next checkpoint

The company plans to release third-quarter results after the market close on October 29, 2026, followed by a conference call at 10:00 a.m. ET on October 30, 2026. The event gives investors a defined checkpoint for rent collections, tenant performance and capital deployment after a weak share-price period.

Gaming and Leisure Properties owns and leases gaming and entertainment properties under long-term triple-net agreements, leaving tenants responsible for property-level operating costs. Its portfolio includes 71 gaming and related facilities, according to the company investor-relations page.

Revenue grew while EPS matched estimates

In the quarter ended June 30, 2026, revenue reached USD 430.52 million, an increase of 9.0 percent from the prior-year quarter, while quarterly EPS was USD 0.80. MarketBeat reports that EPS matched the USD 0.80 consensus, while revenue exceeded the USD 428.51 million estimate by USD 2.01 million.

Management's fiscal 2026 EPS guidance stands at USD 4.10-4.12, compared with the analyst forecast of USD 4.03. The comparison matters because the upcoming report will test whether the guidance range remains supported by operating cash flow and tenant demand.

Analysts remain positive but cut targets

Citizens JMP lowered its target from USD 55 to USD 49 while maintaining a Market Outperform rating, as MarketBeat reported on October 2, 2026. At USD 38.08, the new target lies 28.7 percent above the share price.

The broader consensus is Moderate Buy, based on eight Buy ratings and seven Hold ratings, with an average target of USD 47.83. That target lies 25.6 percent above the October 6 price, but the target reductions show that valuation support is competing with sensitivity to financing conditions.

GLPI stock stays near its yearly low

The October 6 trading range was USD 37.87-38.49, while the 52-week range was USD 37.33-49.95. The last price therefore stood 2.0 percent above the yearly low, and the market capitalization was USD 10.8 billion with volume of 3,683,519 shares.