VICI logo

VICI Properties Inc. Stock Price

NYSE:VICI Community·US$29.2b Market Cap
  • 2 Narratives written by author
  • 1 Comments on narratives written by author
  • 533 Fair Values set on narratives written by author

VICI Share Price Performance

US$26.51
-6.99 (-20.87%)
US$41.86
Fair Value
US$26.51
-6.99 (-20.87%)
36.7% undervalued intrinsic discount
US$41.86
Fair Value
Price US$26.51
andre_santos US$41.86
AnalystConsensusTarget US$32.71

VICI Community Narratives

Fair Value
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Fair Value US$41.86 36.7% undervalued intrinsic discount

VICI - A Fundamental Valuation

0users have liked this narrative
1users have commented on this narrative
13users have followed this narrative
·
Fair Value US$32.71 19.0% undervalued intrinsic discount

Rising US Experiential Demand Will Unlock Long-Term Value

2users have liked this narrative
0users have commented on this narrative
326users have followed this narrative
US$41.86
36.7% undervalued intrinsic discount
Fair Value
A weighted average between a DCF, a DDM and a EPS Growth valuation methods.
US$32.71
19.0% undervalued intrinsic discount
Revenue
3.81% p.a.
Profit Margin
74.51%
Future PE
14.82x
Price in 2029
US$41.77

Updated Narratives

VICI logo

VICI - A Fundamental Valuation

Fair Value: US$41.86 36.7% undervalued intrinsic discount
13 users have set this as their fair value
1 users have commented on this narrative
0 users have liked this narrative
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VICI: Future Returns Will Hinge On Caesars Rent Coverage Resilience

Fair Value: US$32.71 19.0% undervalued intrinsic discount
326 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative

Snowflake Analysis

Very undervalued with adequate balance sheet and pays a dividend.

1 Risk
5 Rewards

VICI Properties Inc. Key Details

US$4.1b

Revenue

US$29.9m

Cost of Revenue

US$4.1b

Gross Profit

US$1.3b

Other Expenses

US$2.8b

Earnings

Last Reported Earnings
Jun 30, 2026
Next Reporting Earnings
n/a
2.51
99.27%
67.50%
57.2%
View Full Analysis

About VICI

Founded
2016
Employees
28
CEO
Edward Pitoniak
WebsiteView website
www.viciproperties.com

VICI Properties Inc. is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality, wellness, entertainment and leisure destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip. VICI Properties owns 103 experiential assets across a geographically diverse portfolio consisting of 63 gaming properties and 40 other experiential properties across the United States and Canada. The portfolio is comprised of approximately 130 million square feet and features approximately 66,000 hotel rooms and over 700 restaurants, bars, nightclubs and sports books. Its properties are occupied by industry-leading gaming, leisure and hospitality operators under long-term, triple-net lease agreements. VICI Properties has a growing array of real estate and financing partnerships with leading operators in other experiential sectors, including Cabot, Cain, Canyon Ranch, Chelsea Piers, Club Med, Great Wolf Resorts, Homefield, Kalahari Resorts and Lucky Strike Entertainment. VICI Properties also owns four championship golf courses and approximately 33 acres of undeveloped and underdeveloped land adjacent to the Las Vegas Strip. VICI Properties’ goal is to create the highest quality and most productive experiential real estate portfolio through a strategy of partnering with the highest quality experiential place makers and operators. VICI Properties Inc. was established on July 05, 2016, and is based in New York, United States. VICI Properties Inc. was incorporated in Maryland.

Recent VICI News & Updates

Seeking Alpha Aug 19

VICI Properties: One Step Further Into Value Investing

Summary VICI Properties stands out as the value investor's choice among Triple Net REITs, offering deep discounts on P/FFO, NAV, and superior dividend yield. Despite VICI's compelling metrics, its YTD total return lags peers, reflecting ongoing sector headwinds and unpopularity tied to Vegas tenant struggles and travel downturns. Short-term volatility in VICI's share price presents informed trading opportunities, as repeated sharp dips have been followed by partial recoveries within the year. I advocate maintaining conviction in VICI's value thesis, continuously monitoring operational metrics, and selectively trading around outsized declines to enhance returns. Read the full article on Seeking Alpha
Narrative Update Aug 10

VICI: Future Returns Will Hinge On Caesars Rent Coverage Resilience

VICI Properties sees its fair value estimate move from $33.46 to $32.71 as analysts trim price targets into a $27 to $32 range, pointing to sector wide net lease REIT adjustments, rent coverage questions on certain leases, and a still quiet large scale casino transaction market, even as Las Vegas and regional gaming fundamentals remain resilient. Analyst Commentary Recent research on VICI Properties clusters around a tighter valuation range, with most price targets now between US$27 and US$32.

Recent updates

No updates