GLPI Appoints Michael Borofsky as Independent Director, Expanding Board to Eight Members
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 08 2025
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Source: Newsfilter
- Board Expansion: Gaming and Leisure Properties, Inc. (GLPI) announced the appointment of Michael Borofsky as an independent director, increasing the board to eight members, seven of whom meet Nasdaq's independence standards, thereby enhancing corporate governance.
- Diverse Industry Experience: Borofsky, founder of Mithrandir Ventures, focuses on investing in high cash flow businesses and innovation, and his extensive background in gaming, entertainment, and technology is expected to provide significant strategic support for GLPI's development.
- Leadership Enhancement: GLPI's CEO Peter Carlino noted that Borofsky's expertise in finance, capital allocation, and legal matters will complement the board's capabilities, aiding the company's ongoing growth in expanding its tenant base and property portfolio.
- Diverse Investment Background: Prior to joining GLPI, Borofsky served as General Counsel at Gryphon Investors, managing a $9 billion middle-market private equity fund with 36 controlled portfolio companies, showcasing his rich experience in multi-industry investments.
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Analyst Views on GLPI
Wall Street analysts forecast GLPI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GLPI is 50.68 USD with a low forecast of 46.00 USD and a high forecast of 55.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
6 Buy
5 Hold
1 Sell
Moderate Buy
Current: 44.780
Low
46.00
Averages
50.68
High
55.00
Current: 44.780
Low
46.00
Averages
50.68
High
55.00
About GLPI
Gaming and Leisure Properties, Inc. is a self-administered and self-managed Pennsylvania real estate investment trust. The Company 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. The Company’s portfolio consists of approximately 69 gaming and related facilities and amenities geographically diversified across 20 states. The Company’s properties include Ameristar Black Hawk, Bally’s Dover Casino Resort, Argosy Casino Alton, Hard Rock Casino Rockford, Casino Queen Marquette and Sunland Park.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Gaming and Leisure Properties Announces $3.10 Per Share Tax Allocation for 2025 Distributions
- Total Distributions: Gaming and Leisure Properties announced a total distribution of $3.10 per share for 2025, demonstrating the company's ongoing cash flow and commitment to shareholder returns, which enhances investor confidence.
- Tax Allocation Details: The tax allocation for the 2025 distributions has not yet been filed, calculated based on the best available information, indicating the company's efforts in tax transparency that may impact shareholders' tax planning.
- Composition of Dividends: The 2025 distributions include $3.00 in ordinary dividends and $0.001832 in capital gain distributions, reflecting the company's robust capital management strategy aimed at optimizing shareholder value.
- Investor Advisory: The company advises shareholders to consult tax advisors to ensure proper tax treatment of distributions under federal and local tax laws, demonstrating a commitment to shareholder interests and compliance awareness.
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Author's Disclaimer: The views expressed in the article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
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