Citizens JMP cuts target for Gaming and Leisure Properties stock

Published on 10/06/2026 at 14:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 430.52 million in the second quarter. Gaming and Leisure Properties stock costs EUR 33.91 on October 6, 2026 versus EUR 33.81.

GLPI, US36467J1088, Illustration mit AI erstellt.

Gaming and Leisure Properties (ISIN US36467J1088) is trading at EUR 33.91 at Lang & Schwarz on October 6, 2026 at 2:18 p.m. CEST, up 0.30 percent from the prior close of EUR 33.81. The latest analyst move came on October 5, 2026, when Citizens JMP cut its price target from USD 55.00 to USD 49.00 while retaining an outperform rating, according to MarketBeat.

Target cut meets fresh low

The target reduction arrived as MarketBeat reported a new 52-week low of USD 37.33 for GLPI on October 5, 2026. The same report said the stock had previously closed at USD 37.68, while the latest low was reached after the Citizens JMP revision.

The target cut is material because USD 49.00 remains USD 12.00 below the former USD 55.00 objective. That is a 21.82 percent reduction, calculated against the previous target, and it places the analyst view below the USD 52.00 objective cited for Royal Bank of Canada in the same MarketBeat report.

Second-quarter revenue grows

GLPI's latest reported quarter ended June 30, 2026. Revenue reached USD 430.52 million, up from USD 394.88 million in the same quarter of 2025, while net income was USD 234.94 million, according to the latest financial statements and Markets Insider. The revenue increase was USD 35.64 million, or 9.03 percent year over year.

Management's fiscal 2026 earnings guidance stands at USD 4.10-4.12 per share. The company also declared a third-quarter cash dividend of USD 0.82 per share on September 1, 2026, and its investor-relations calendar lists the third-quarter earnings conference call for October 30, 2026, according to Gaming and Leisure Properties.

Trading snapshot for GLPI

At Lang & Schwarz, GLPI was trading at EUR 33.91 on October 6, 2026 at 2:18 p.m. CEST, plus 0.30 percent versus the prior close of EUR 33.81. The reference price is an intraday euro quotation, while the primary listing is on Nasdaq in USD. The stock's same-day move is modest, but the fresh low and lower analyst target keep valuation and the upcoming October 30 results date central to the next market assessment.