Gaming and Leisure Properties (GLPI) vs Rayonier REIT (RYN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Gaming and Leisure Properties (GLPI) has outperformed Rayonier REIT (RYN) over the past year, losing 17.7% versus a loss of 31.7%. Over five years, GLPI leads with a -23.4% price change compared with -51.6% for RYN. Gaming and Leisure Properties is the larger company by market cap ($11.46 billion vs $5.57 billion), about 2.1 times the size.
On valuation, Gaming and Leisure Properties trades at a lower forward P/E (11.5x vs 29.8x for Rayonier REIT). Gaming and Leisure Properties offers the higher dividend yield (8.26% vs 5.73%). Rayonier REIT converts more of its revenue into profit, with a net margin of 97.9% versus 51.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | GLPI | RYN |
|---|---|---|
| Share price | $38.26 | $18.60 |
| Market cap | $11.46B | $5.57B |
| 1-day change | +1.27% | +3.39% |
| YTD return | -15.46% | -16.91% |
| 1-year return | -17.71% | -31.73% |
| 5-year return | -23.41% | -51.60% |
| P/E ratio (TTM) | 11.19 | 40.43 |
| Forward P/E | 11.49 | 29.80 |
| EPS (TTM) | $3.42 | $0.46 |
| Dividend yield | 8.26% | 5.73% |
| Annual dividend | $3.16 | $1.07 |
| Revenue (latest FY) | $1.59B | $484.49M |
| Revenue growth (YoY) | +4.13% | -50.96% |
| Net income (latest FY) | $825.11M | $474.38M |
| Gross margin | — | 32.46% |
| Operating margin | 75.34% | 17.20% |
| Net margin | 51.74% | 97.91% |
| 52-week high | $49.95 | $26.75 |
| 52-week low | $37.33 | $17.71 |
| Distance from 52-week high | -23.40% | -30.47% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +35.34% | +36.18% |
| Average volume | 3.24M | 3.25M |
| Shares outstanding | 290.92M | 297.57M |
| Employees | 20 | 285 |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Gaming and Leisure Properties is about 2.1 times larger than Rayonier REIT by market value ($11.46B vs $5.57B).
- GLPI has outperformed RYN by 14.0 percentage points over the past year.
- Rayonier REIT trades at a higher earnings multiple (40.4x vs 11.2x trailing P/E).
- Gaming and Leisure Properties offers a meaningfully higher dividend yield (8.26% vs 5.73%).
- Rayonier REIT is more profitable, keeping 97.9 cents of every revenue dollar as net income versus 51.7 cents for Gaming and Leisure Properties.
- Gaming and Leisure Properties grew revenue faster in its latest fiscal year (+4.13% vs -50.96%).
About Gaming and Leisure Properties
GLPI stock →Gaming and Leisure Properties, Inc. 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.
Real Estate · Real Estate Investment Trusts · 20 employees
About Rayonier REIT
RYN stock →Rayonier Inc. is a land resources real estate investment trust (REIT) with a portfolio comprising over four million acres in the U.S.
Real Estate · Real Estate Investment Trusts · 285 employees
GLPI vs RYN FAQ
Which is bigger, Gaming and Leisure Properties or Rayonier REIT?
Gaming and Leisure Properties (GLPI) is larger, with a market capitalization of $11.46B compared with $5.57B for Rayonier REIT (RYN).
Which stock has performed better over the past year, GLPI or RYN?
GLPI returned -17.71% over the past 12 months, compared with -31.73% for RYN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, GLPI or RYN?
GLPI has the lower trailing P/E at 11.2, versus 40.4 for RYN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Gaming and Leisure Properties or Rayonier REIT?
Gaming and Leisure Properties has the higher yield at 8.26%, compared with 5.73% for Rayonier REIT.
Are Gaming and Leisure Properties and Rayonier REIT in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.