Head-To-Head Contrast: Gaming and Leisure Properties (GLPI) vs. The Competition

Gaming and Leisure Properties (NASDAQ:GLPI) is one of 35 public companies in the “Specialized REITs” industry, but how does it compare to its rivals? We will compare Gaming and Leisure Properties to similar companies based on the strength of its analyst recommendations, dividends, valuation, risk, institutional ownership, profitability and earnings.

Insider and Institutional Ownership

91.1% of Gaming and Leisure Properties shares are owned by institutional investors. Comparatively, 78.0% of shares of all “Specialized REITs” companies are owned by institutional investors. 4.1% of Gaming and Leisure Properties shares are owned by company insiders. Comparatively, 7.5% of shares of all “Specialized REITs” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Gaming and Leisure Properties and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Gaming and Leisure Properties	55.71%	18.16%	6.87%
Gaming and Leisure Properties Competitors	-4.53%	-3.15%	2.04%

Risk and Volatility

Gaming and Leisure Properties has a beta of 0.64, indicating that its stock price is 36% less volatile than the S&P 500. Comparatively, Gaming and Leisure Properties’ rivals have a beta of 0.92, indicating that their average stock price is 8% less volatile than the S&P 500.

Dividends

Gaming and Leisure Properties pays an annual dividend of $3.28 per share and has a dividend yield of 8.4%. Gaming and Leisure Properties pays out 100.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Specialized REITs” companies pay a dividend yield of 3.3% and pay out 120.4% of their earnings in the form of a dividend. Gaming and Leisure Properties has increased its dividend for 2 consecutive years. Gaming and Leisure Properties is clearly a better dividend stock than its rivals, given its higher yield and lower payout ratio.

Analyst Ratings

This is a breakdown of current recommendations and price targets for Gaming and Leisure Properties and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Gaming and Leisure Properties	0	7	9	0	2.56
Gaming and Leisure Properties Competitors	522	2789	3668	191	2.49

Gaming and Leisure Properties presently has a consensus price target of $47.36, suggesting a potential upside of 21.26%. As a group, “Specialized REITs” companies have a potential upside of 12.03%. Given Gaming and Leisure Properties’ stronger consensus rating and higher possible upside, research analysts clearly believe Gaming and Leisure Properties is more favorable than its rivals.

Earnings & Valuation

This table compares Gaming and Leisure Properties and its rivals top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Gaming and Leisure Properties	$1.69 billion	$825.11 million	11.94
Gaming and Leisure Properties Competitors	$2.76 billion	$596.00 million	31.93

Gaming and Leisure Properties’ rivals have higher revenue, but lower earnings than Gaming and Leisure Properties. Gaming and Leisure Properties is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Summary

Gaming and Leisure Properties beats its rivals on 10 of the 15 factors compared.

Gaming and Leisure Properties Company Profile

Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) is a real estate investment trust focused on owning properties used by gaming and leisure businesses. The company leases its properties to casino operators, which generally manage the gaming and hospitality operations. GLPI was established in 2013 as a spin-off from Penn National Gaming, now known as PENN Entertainment. Its portfolio includes casino and related entertainment properties in multiple U.S. states, and the company grows through property acquisitions, lease arrangements and development financing.