Advertisement
GLPI vs O
Which Stock Would AI Choose? Gaming and Leisure Properties (GLPI) vs. Realty Income (O) Stock Comparison
Key Takeaways
- Gaming and Leisure Properties (GLPI) and Realty Income (O) are both net-lease REITs (Real Estate Investment Trusts), but they operate in sharply different segments: GLPI focuses exclusively on gaming properties, while O owns a vast, diversified portfolio spanning retail, industrial, and gaming assets.
- GLPI offers a higher dividend yield at approximately 6.7%, compared to Realty Income's yield of roughly 5.0%, reflecting the market's perception of different risk profiles between a concentrated gaming portfolio and a broadly diversified one.
- Realty Income commands a significantly larger enterprise value — roughly $85 billion versus GLPI's approximately $20 billion — and maintains investment-grade credit ratings of A3/A- from Moody's and S&P, underscoring its balance-sheet strength.
- GLPI has posted robust AFFO (Adjusted Funds From Operations, a key REIT cash-flow metric) growth and raised full-year guidance in recent quarters, while Realty Income's growth is steady but more moderate, with 2026 AFFO guidance of $4.38–$4.42 per share.
- Both REITs have demonstrated strong portfolio occupancy — GLPI at 100% and Realty Income at 98.9% — highlighting the resilience of their respective triple-net lease models.
- Interest rate sensitivity remains a shared headwind for both names, but Realty Income's global diversification into European markets and private capital initiatives provides a broader set of growth levers than GLPI's more concentrated gaming focus.
Introduction
Investors searching for reliable income streams often gravitate toward net-lease REITs, and two names that consistently surface in this conversation are GLPI (Gaming and Leisure Properties) and O (Realty Income Corporation). Both companies generate predictable rental cash flows by leasing real estate to operators under long-term, triple-net agreements — a structure where tenants cover taxes, insurance, and maintenance. Yet, beneath that shared framework, these two REITs differ markedly in portfolio composition, risk concentration, growth strategy, and market positioning. This comparison evaluates how GLPI and Realty Income stack up across key dimensions relevant to income-oriented investors evaluating relative performance, dividend durability, and capital appreciation potential in the current market environment.
GLPI Overview and Recent Performance
GLPI is a specialized REIT that acquires, finances, and owns casino and gaming-related real estate across the United States. Its portfolio includes 68 gaming and related facilities across 20 states, leased to well-known operators such as PENN Entertainment, Bally's, Caesars Entertainment, Boyd Gaming, and The Cordish Companies. The company's triple-net lease model, with annual contractual rent escalators, has produced highly predictable cash flows and a 100% occupancy rate.
In recent quarters, GLPI delivered record AFFO and Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), driven by recent acquisitions, development funding arrangements, and healthy tenant rent coverage ratios exceeding 1.8x across all major tenants. The company raised its full-year 2025 AFFO guidance to between $3.86 and $3.88 per share. Notable growth catalysts include a $1.19 billion development commitment for Bally's Chicago casino resort, the $183.75 million acquisition of Sunland Park Racetrack & Casino at an 8.2% cap rate, and a $467 million commitment to the Live! Virginia Casino & Hotel project at an 8.0% cap rate. GLPI's annualized dividend stands at $3.12 per share, yielding approximately 6.7% at recent price levels. Market sentiment has been supported by these expansion initiatives, though concentration risk — tied to the gaming sector and a handful of large tenants — remains a factor investors weigh carefully.
O Overview and Recent Performance
O, trademarked as "The Monthly Dividend Company," is one of the largest net-lease REITs globally, with an enterprise value of roughly $85 billion and a portfolio encompassing more than 15,500 properties across the United States and eight European countries. Unlike GLPI's concentrated gaming focus, Realty Income's rent base is broadly diversified: retail properties contribute roughly 79% of annualized base rent, industrial assets 15%, gaming properties 3%, and data centers and other real estate the remainder. No single tenant accounts for more than 3.3% of rent.
Realty Income deployed approximately $6.3 billion in investments during 2025 at a weighted average initial cash yield of 7.3%, with a 2026 investment target of $8 billion. European acquisitions have become an increasingly important growth vector, with European properties now generating about 17.7% of total annualized base rent and delivering higher initial cash yields — roughly 8% — compared to U.S. acquisitions at approximately 7%. The company reported full-year 2025 AFFO of $4.28 per share and has guided for $4.38–$4.42 in 2026. Portfolio occupancy held at 98.9%, and rent recapture rates of roughly 104% on re-leased properties signal pricing power. Realty Income has declared 664 consecutive monthly dividends and raised its payout for 112 consecutive quarters, with an annualized dividend of approximately $3.23 per share. The stock has recently benefited from improved capital markets access and a stabilizing interest rate outlook.
Trending AI Robots
In a market environment where data-driven decision-making is increasingly critical, Tickeron's Trending AI Robots page offers a curated selection of the platform's top-performing AI trading bots. Tickeron hosts hundreds of AI-powered trading bots that collectively trade thousands of different tickers, each employing distinct strategies, timeframes, and risk parameters. However, only those bots best suited to current market conditions earn placement in the Trending AI Robots section. Among these, traders can find bots that have delivered annualized returns ranging from 70% to over 290% in recent evaluation periods, with strategies spanning 5-minute high-frequency models to longer-duration 60-minute trend followers. Performance metrics such as Sharpe ratios, win rates, and drawdown statistics are available for each bot, allowing users to assess risk-adjusted returns. Whether focused on individual equities, ETFs, or multi-ticker baskets, these AI-driven strategies aim to remove emotional bias and respond to market shifts with algorithmic precision. To explore which bots are currently trending, visit the Trending AI Robots page and review the latest performance data.
Head-to-Head Comparison
When comparing GLPI and O, the most salient contrasts emerge across four dimensions: portfolio concentration, growth profile, yield and valuation, and balance-sheet quality.
Portfolio Concentration vs. Diversification: GLPI is a pure-play gaming REIT — its fortunes are tied to the health of regional casino operators and the broader gaming industry. This concentration has historically produced strong cap rates on acquisitions (often 7.75%–8.5%) and robust rent coverage ratios, but it introduces sector-specific risks such as regulatory shifts, iGaming competition, and consumer spending cyclicality. Realty Income, by contrast, spreads risk across thousands of properties, geographic regions, and industries, including defensive sectors like grocery and pharmacy retail. This diversification provides ballast during economic downturns but dilutes the upside available from any single high-growth vertical.
Growth Profile: GLPI's growth is propelled by large, discrete development and financing deals — such as the Bally's Chicago project and the Live! Virginia development — which can meaningfully move the needle on AFFO when they come online. Realty Income's growth is steadier and more incremental, driven by high-volume acquisition activity and its expanding European footprint. The 2026 investment target of $8 billion signals confidence in sourcing opportunities, but AFFO per share growth remains in the low-to-mid single digits.
Yield and Valuation: GLPI's dividend yield of approximately 6.7% is notably higher than Realty Income's roughly 5.0% yield, reflecting the market's risk premium for GLPI's concentrated gaming exposure. On a price-to-AFFO basis, GLPI also tends to trade at a discount to Realty Income, partly due to the latter's larger scale, stronger credit ratings, and track record of dividend consistency spanning more than three decades.
Balance Sheet and Credit Profile: Realty Income holds investment-grade ratings of A3 (Moody's) and A- (S&P), with net debt to adjusted EBITDA within management's targeted range and liquidity exceeding $4.1 billion. GLPI's net debt to EBITDA has improved to approximately 4.4x, and its weighted average debt maturity of 6.1 years provides manageable refinancing risk, but it does not carry the same investment-grade pedigree.
Tickeron AI Verdict
Based on observable factors — including trend consistency, earnings stability, diversification quality, and growth catalyst visibility — Tickeron's AI analytical framework would likely express a probabilistic preference for O (Realty Income) in the current market environment. The rationale centers on Realty Income's broader diversification, higher credit quality, unmatched dividend track record, and multiple growth levers — including European expansion and private capital initiatives — that reduce downside risk relative to a more concentrated peer. That said, GLPI's higher dividend yield, strong tenant coverage ratios, and attractive cap rates on gaming-related investments make it a compelling candidate for investors comfortable with sector concentration and seeking higher current income. Neither stock is categorically superior; the AI verdict reflects a tilt toward the more diversified, lower-volatility profile in conditions where interest rate uncertainty and macroeconomic crosscurrents persist.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is GLPI is a Hold and O is a Buy.
Long-Term Analysis
It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
GLPI’s FA Score shows that 2 FA rating(s) are green whileO’s FA Score has 1 green FA rating(s).
- GLPI’s FA Score: 2 green, 3 red.
- O’s FA Score: 1 green, 4 red.
Short-Term Analysis
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
GLPI’s TA Score shows that 3 TA indicator(s) are bullish while O’s TA Score has 6 bullish TA indicator(s).
- GLPI’s TA Score: 3 bullish, 5 bearish.
- O’s TA Score: 6 bullish, 3 bearish.
Price Growth
GLPI (@Specialty Telecommunications) experienced а +0.20% price change this week, while O (@Real Estate Investment Trusts) price change was -0.17% for the same time period.
The average weekly price growth across all stocks in the @Specialty Telecommunications industry was +1.58%. For the same industry, the average monthly price growth was -1.18%, and the average quarterly price growth was +8.41%.
The average weekly price growth across all stocks in the @Real Estate Investment Trusts industry was -2.06%. For the same industry, the average monthly price growth was -0.42%, and the average quarterly price growth was +17.10%.
Reported Earning Dates
GLPI is expected to report earnings on Jul 30, 2026.
O is expected to report earnings on Aug 05, 2026.
Industries' Descriptions
@Specialty Telecommunications (+1.58% weekly)Companies belonging to the specialty telecommunications sector provide voice and data transmission via a single method, such as fixed lines, digital subscriber lines (DSL), wireless technology, the internet or competitive local exchange carriers. Telefonica, Liberty Broadband Corp., and Zayo Group Holdings, Inc. are some of the big specialty telecom companies in the U.S.
@Real Estate Investment Trusts (-2.06% weekly)A real estate investment trust (REIT) is a company any that owns, and in most cases, operates, income-producing real estate – ranging from office and apartment buildings to warehouses, hospitals, shopping centers, hotels and timberlands. Some REITs are involved in financing real estate. Equity REITs invest in and own properties, while mortgage REITs own and invest in property mortgages. REITs are required by law to pay out at least 90% of their annual taxable income (excluding capital gains) to shareholders in the form of dividends. Some REITs could be more cyclical than others; for example, when an economy is undergoing a recession, hotel REITs could be more vulnerable, compared to say healthcare REIT given that healthcare needs are less likely to depend on economic cycles. American Tower Corporation, Prologis, Inc. and Crown Castle International Corp are some of the biggest REIT companies in the U.S.
| GLPI | O | GLPI / O | |
| Capitalization | 12.8B | 61.2B | 21% |
| EBITDA | 1.58B | 4.91B | 32% |
| Gain YTD | 4.521 | 19.431 | 23% |
| P/E Ratio | 14.25 | 53.77 | 27% |
| Revenue | 1.62B | 5.88B | 28% |
| Total Cash | N/A | N/A | - |
| Total Debt | 8.38B | 30.2B | 28% |
GLPI | O | ||
|---|---|---|---|
OUTLOOK RATING 1..100 | 50 | 77 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 11 Undervalued | 60 Fair valued | |
PROFIT vs RISK RATING 1..100 | 33 | 61 | |
SMR RATING 1..100 | 45 | 89 | |
PRICE GROWTH RATING 1..100 | 56 | 25 | |
P/E GROWTH RATING 1..100 | 66 | 46 | |
SEASONALITY SCORE 1..100 | 50 | 50 |
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
GLPI's Valuation (11) in the Real Estate Investment Trusts industry is somewhat better than the same rating for O (60). This means that GLPI’s stock grew somewhat faster than O’s over the last 12 months.
GLPI's Profit vs Risk Rating (33) in the Real Estate Investment Trusts industry is in the same range as O (61). This means that GLPI’s stock grew similarly to O’s over the last 12 months.
GLPI's SMR Rating (45) in the Real Estate Investment Trusts industry is somewhat better than the same rating for O (89). This means that GLPI’s stock grew somewhat faster than O’s over the last 12 months.
O's Price Growth Rating (25) in the Real Estate Investment Trusts industry is in the same range as GLPI (56). This means that O’s stock grew similarly to GLPI’s over the last 12 months.
O's P/E Growth Rating (46) in the Real Estate Investment Trusts industry is in the same range as GLPI (66). This means that O’s stock grew similarly to GLPI’s over the last 12 months.
| GLPI | O | |
|---|---|---|
| RSI ODDS (%) | N/A | N/A |
| Stochastic ODDS (%) | 2 days ago 62% | 2 days ago 48% |
| Momentum ODDS (%) | 2 days ago 48% | 2 days ago 58% |
| MACD ODDS (%) | 2 days ago 36% | 2 days ago 54% |
| TrendWeek ODDS (%) | 2 days ago 42% | 2 days ago 49% |
| TrendMonth ODDS (%) | 2 days ago 38% | 2 days ago 49% |
| Advances ODDS (%) | 10 days ago 44% | 13 days ago 47% |
| Declines ODDS (%) | 5 days ago 43% | 5 days ago 49% |
| BollingerBands ODDS (%) | N/A | 2 days ago 47% |
| Aroon ODDS (%) | 2 days ago 43% | 2 days ago 40% |
Advertisement
GLPI and
Correlation & Price change
A.I.dvisor indicates that over the last year, GLPI has been closely correlated with FCPT. These tickers have moved in lockstep 68% of the time. This A.I.-generated data suggests there is a high statistical probability that if GLPI jumps, then FCPT could also see price increases.
| Ticker / NAME | Correlation To GLPI | 1D Price Change % | ||
|---|---|---|---|---|
| GLPI | 100% | +1.69% | ||
| FCPT - GLPI | 68% Closely correlated | +0.85% | ||
| O - GLPI | 68% Closely correlated | +1.36% | ||
| DOC - GLPI | 65% Loosely correlated | +0.86% | ||
| CUBE - GLPI | 65% Loosely correlated | +2.63% | ||
| EPRT - GLPI | 65% Loosely correlated | +0.75% | ||
More | ||||