GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.
Strategic Partnerships | Explore GLPI's $1.9 billion funding commitments for redevelopment activities with key tenants PENN Entertainment and Bally's Corporation, driving growth |
Financial Resilience | Delve into GLPI's robust financial position, with low leverage at 4.4x net debt to EBITDA and a healthy current ratio of 3.02, providing significant flexibility |
Market Valuation | Analysts argue for a premium valuation, citing GLPI's full rent collection history and growth potential. Average price target range: $54-$55 |
Future Prospects | Learn about GLPI's involvement in high-potential projects like Bally's Chicago casino and potential opportunities from the Oakland A's relocation to Las Vegas |
Metrics to compare | GLPI | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipGLPIPeersSector | |
---|---|---|---|---|
P/E Ratio | 18.3x | 11.7x | 9.1x | |
PEG Ratio | −1.90 | 2.66 | 0.01 | |
Price/Book | 3.0x | 0.9x | 0.9x | |
Price / LTM Sales | 8.7x | 5.8x | 4.1x | |
Upside (Analyst Target) | 13.1% | 21.5% | 12.2% | |
Fair Value Upside | Unlock | 3.9% | −0.8% | Unlock |