VICI Properties (VICI) Hisse Özeti
VICI Properties Inc., Las Vegas Strip'teki en ikonik eğlence tesislerinden üçü olan Caesars Palace Las Vegas, MGM Grand ve Venetian Resort Las Vegas dahil olmak üzere pazar lideri oyun, konaklama, sağlık, eğlence ve dinlence destinasyonlarının en büyük portföylerinden birine sahip olan bir S&P 500 deneyimsel gayrimenkul yatırım ortaklığıdır. Daha fazla detay
| Kar Tanesi Skoru | |
|---|---|
| Değerleme | 6/6 |
| Gelecekteki Büyüme | 1/6 |
| Geçmiş Performans | 2/6 |
| Finansal Sağlık | 4/6 |
| Temettüler | 4/6 |
Ödüller
Risk Analizi
VICI Community Fair Values
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Analyst Price Targets
Top Community Narratives
US$41.86
FV
37.0% değerinin altında içsel indirimA weighted average between a DCF, a DDM and a EPS Growth valuation methods.
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11users have followed this narrative
VICI Properties Inc. Rakipler
Fiyat Geçmişi ve Performans
| Tarihsel hisse senedi fiyatları | |
|---|---|
| Güncel Hisse Fiyatı | US$26.37 |
| 52 Haftanın En Yüksek Seviyesi | US$33.92 |
| 52 Haftanın En Düşük Seviyesi | US$25.81 |
| Beta | 0.69 |
| 1 Aylık Değişim | -1.75% |
| 3 Aylık Değişim | -7.54% |
| 1 Yıllık Değişim | -20.02% |
| 3 Yıllık Değişim | -13.85% |
| 5 Yıllık Değişim | -11.21% |
| Halka arzdan bu yana değişim | 42.54% |
Son Haberler & Güncellemeler
Seeking Alpha • 23h
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
Anlatı Güncellemesi • 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.
Yeni Anlatı • Aug 01
VICI - A Fundamental Valuation
Business Overview Key Metrics Total: -1.5/17 +2 ✅✅ Projected Operating Margin: 90% +0 ⚠️ Projected 5-Year Revenue CAGR: 4.5% +0 ⚠️ Last 5-Year ROIC: 7.65% +1 ✅ Estimated Cost of Capital: 6.86% (lower than ROIC) -1 ❌ Last 5-Year Shares Outstanding CAGR: +14.77% -2 ❌❌ Projected 5-Year EPS CAGR: -0.61% +0 ⚠️ Projected 5-Year Dividend CAGR: +5.00% +0.5 ✅ Moody's Debt Rating: Baa3 -2 ❌❌ Morningstar Moat: None +0 ⚠️ Morningstar Uncertainty: Medium Business Valuation Before presenting you the final valuation I will show you my assumptions, as well as the historical data and framework its based on. Revenue Growth Below is the last ~8-10 years of revenue growth for VICI.Anlatı Güncellemesi • Jul 09
VICI: Future Returns Will Depend On Caesars Rent And Tenant Concentration
Analysts have trimmed the fair value estimate for VICI Properties from about $34.17 to $33.46 per share, reflecting a series of recent price target cuts into the $29 to $31 range as they factor in potential rent pressure on key leases, reduced visibility on major tenants, and slightly adjusted assumptions for growth, profitability, and future P/E multiples. Analyst Commentary Recent Street research on VICI Properties shows a mix of cautious and neutral tones, with multiple firms adjusting price targets and reassessing how the stock compares with the broader real estate investment trust universe.Recent updates
Seeking Alpha • 23h
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 AlphaAnlatı Güncellemesi • 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.Yeni Anlatı • Aug 01
VICI - A Fundamental Valuation
Business Overview Key Metrics Total: -1.5/17 +2 ✅✅ Projected Operating Margin: 90% +0 ⚠️ Projected 5-Year Revenue CAGR: 4.5% +0 ⚠️ Last 5-Year ROIC: 7.65% +1 ✅ Estimated Cost of Capital: 6.86% (lower than ROIC) -1 ❌ Last 5-Year Shares Outstanding CAGR: +14.77% -2 ❌❌ Projected 5-Year EPS CAGR: -0.61% +0 ⚠️ Projected 5-Year Dividend CAGR: +5.00% +0.5 ✅ Moody's Debt Rating: Baa3 -2 ❌❌ Morningstar Moat: None +0 ⚠️ Morningstar Uncertainty: Medium Business Valuation Before presenting you the final valuation I will show you my assumptions, as well as the historical data and framework its based on. Revenue Growth Below is the last ~8-10 years of revenue growth for VICI.Anlatı Güncellemesi • Jul 09
VICI: Future Returns Will Depend On Caesars Rent And Tenant Concentration
Analysts have trimmed the fair value estimate for VICI Properties from about $34.17 to $33.46 per share, reflecting a series of recent price target cuts into the $29 to $31 range as they factor in potential rent pressure on key leases, reduced visibility on major tenants, and slightly adjusted assumptions for growth, profitability, and future P/E multiples. Analyst Commentary Recent Street research on VICI Properties shows a mix of cautious and neutral tones, with multiple firms adjusting price targets and reassessing how the stock compares with the broader real estate investment trust universe.Anlatı Güncellemesi • Jun 07
VICI: Future Upside Will Hinge On Caesars Lease And Tenant Credit Quality
Analysts trimmed their consolidated price target on VICI Properties by $0, reflecting slightly lower assumptions for discount rate, revenue growth, profit margin and future P/E, while pointing to a mix of cautious views on tenant risk and valuation alongside modestly higher targets from some firms. Analyst Commentary Recent research on VICI Properties highlights a split between analysts who focus on long term growth optionality and those who are more focused on tenant and valuation risk in the near term.Anlatı Güncellemesi • May 15
VICI: Future Upside Will Depend On Caesars Lease Restructuring Outcomes
Analysts recently adjusted their price targets around VICI Properties, with moves ranging from $30 to $34, as they weighed updated assumptions on growth, tenant risks and potential acquisition activity. This led to a modest trim in the overall fair value estimate to $34.17.Anlatı Güncellemesi • Apr 26
VICI: Future Upside Hinges On Caesars Lease Outcomes And New Partnerships
Analysts nudged the fair value estimate for VICI Properties slightly lower to about $34.30, reflecting a modestly higher discount rate, updated expectations for revenue growth and margins, and mixed Street price target moves ranging from $30 to $34, tied to tenant risk and investment opportunities. Analyst Commentary Recent research on VICI Properties reflects a mixed but active debate, with modest price target moves on both sides and several firms reassessing the balance between tenant risk, growth opportunities, and current valuation.Anlatı Güncellemesi • Apr 09
VICI: Future Returns Will Depend On Caesars Lease And New Partnerships
Analysts have kept fair value estimates steady while trimming the average 12 month price target for VICI Properties to reflect mixed views on tenant credit risk around Caesars, slower investment activity, and updated models following recent results, partly offset by new partnership deals and potential benefits if interest rates remain lower or stable. Analyst Commentary Recent research on VICI Properties reflects a split view, with some analysts focusing on new partnerships and steady fundamentals, while others are more cautious on tenant risk, valuation, and the implications of potential corporate activity at Caesars Entertainment.Anlatı Güncellemesi • Mar 26
VICI: Future Upside Will Rely On Caesars Lease And New Partnerships
Analysts have adjusted their blended price target for VICI Properties to $34, reflecting mixed moves that range from Mizuho's $30 downgrade, tied to tenant and leverage concerns, to revised targets of $32 to $34, where firms point to updated models, new partnerships, and questions around Caesars related lease risk. Analyst Commentary Recent research on VICI Properties highlights a mix of constructive and cautious views, with attention centered on tenant concentration, lease terms with Caesars, new investment activity, and how these factors line up against the current valuation.Anlatı Güncellemesi • Mar 11
VICI: Future Upside Will Rely On Executing New Partnership Opportunities
The analyst fair value estimate for VICI Properties has been adjusted slightly lower to $34.78 per share, reflecting recent reductions in Street price targets to around $32 to $34 and a more measured outlook from analysts who highlight valuation, slower investment activity and ongoing rent coverage questions, even as new partnerships and a modestly lower discount rate support the longer term case. Analyst Commentary Bullish and bearish analysts are fairly aligned on VICI Properties current valuation range, but they highlight different aspects of execution and growth that matter if you are looking at the stock today.Anlatı Güncellemesi • Feb 25
VICI: Future Upside Will Depend On Executing Against Refreshed Sector Perform Assumptions
Analysts have slightly reduced their price target on VICI Properties to $35.13. This reflects updated views on discount rate assumptions, long term revenue growth, profit margin expectations, and future P/E levels following recent downgrades to Sector Perform.Anlatı Güncellemesi • Feb 11
VICI: Future Upside Will Depend On Caesars Regional Lease Stability
Analysts have trimmed their average price target on VICI Properties slightly, reflecting updated assumptions for fair value at about $35.13 and a marginally higher discount rate. Recent downgrades citing limited gaming investment opportunities and concerns around the Caesars regional lease help explain the more cautious stance.Anlatı Güncellemesi • Jan 27
VICI: Future Upside Will Hinge On Caesars Regional Lease Resilience
Narrative update The updated analyst price target for VICI Properties reflects a slight lift in fair value to about $35.39 per share, as analysts weigh muted new gaming investment opportunities and recent target trims, including cuts to US$32 and US$35, against still stable assumptions for the discount rate, revenue growth, profit margin, and future P/E. Analyst Commentary Recent research updates on VICI Properties highlight a mix of confidence in the overall story and caution around specific leases and growth avenues.Anlatı Güncellemesi • Jan 11
VICI: Future Upside Will Depend On Caesars Regional Lease Terms
Analysts have trimmed their consolidated price targets for VICI Properties, with the average implied fair value easing slightly to about $35 as they factor in more cautious assumptions around Caesars lease terms, muted fee simple gaming investments, and updated net lease models across the group. Analyst Commentary Bullish Takeaways Bullish analysts still see upside to current trading levels, with targets around $35 to $37.Anlatı Güncellemesi • Dec 26
VICI: Future Returns Will Hinge On Caesars Regional Lease Resilience
The analyst price target for VICI Properties has been modestly reduced by about $0.25 per share, as analysts factor in slightly higher discounting, muted new gaming investment opportunities, and potential rent pressure on key regional leases despite stable margins and revenue growth expectations. Analyst Commentary Recent research updates present a mixed but generally constructive view on VICI Properties, with modest target changes reflecting evolving expectations for regional gaming fundamentals, lease durability, and the company’s ability to deploy capital into attractive net lease opportunities.Anlatı Güncellemesi • Dec 12
VICI: Future Returns Will Depend On Caesars Regional Rent Negotiations
Analysts have modestly reduced their fair value estimate for VICI Properties to about $35.73 from $36.09. This reflects a slightly higher perceived risk profile, tempered long term growth expectations in regional gaming, and concerns around potential rent pressure on key leases.Anlatı Güncellemesi • Nov 28
VICI: Future Performance Will Hinge On Caesars Lease Outcomes
Narrative Update on VICI Properties Analyst Price Target The analyst price target for VICI Properties has been reduced by approximately $0.82 to $36.09. Analysts cite muted investment opportunities and renewed concerns over key regional leases as drivers for the more cautious outlook.Anlatı Güncellemesi • Oct 20
Rising US Experiential Demand Will Unlock Long-Term Value
The average analyst price target for VICI Properties has edged up from $36.73 to $36.91, as analysts cite updated financial models, expectations for steady revenue growth, improved profit margins, and the resilience of net lease REITs in upcoming quarters. Analyst Commentary Recent research updates reflect a generally optimistic view of VICI Properties, as a series of analysts have raised their price targets and reiterated positive ratings.Seeking Alpha • Apr 17
VICI Properties: Worth A Bet, But Not [Yet] For Me. I'll Explain Why
Summary CPI-linked triple-net leases with >40-year terms drive predictable, inflation-hedged cash flows across VICI’s portfolio. Strong tenant quality and master lease structures reduce default risk, even under macro stress. A well-laddered maturity schedule, low refinancing risk, and a well-managed balance sheet support VICI’s financial flexibility through rate cycles. Despite moderating dividend growth, high FCF yield and structural defensiveness make VICI a compelling low-volatility income play. Read the full article on Seeking AlphaSeeking Alpha • Mar 25
VICI Properties: Investors Are Misunderstanding The Earnings Report
Summary VICI Properties offers strong and stable cash flow due to its 100% triple net leases, high-quality tenants, and long average lease terms (41 years), with 100% rent collection in 2020. VICI's leases provide inflation protection with CPI-linked rent escalations set to reach 90% by 2035. The recent earnings miss was due to an accounting adjustment, not a cash flow issue. Read the full article on Seeking AlphaSeeking Alpha • Mar 04
VICI Properties: Don't Let The Earnings Miss Overshadow Solid Growth
Summary VICI Properties Inc., an experiential REIT owning iconic Las Vegas assets, offers solid growth and a well-covered dividend yield over 5%, despite flat share price performance. Despite missing Q4 FFO estimates, VICI's year-over-year growth and raised full-year guidance highlight its resilience and potential for dividend growth. VICI's strong fundamentals, strategic acquisitions, and upgraded balance sheet with investment-grade ratings make it an attractive investment, trading below sector median P/AFFO multiples. Risks include a short track record and potential economic downturn impacts, but VICI's astute management and strategic investments warrant a buy rating. Read the full article on Seeking AlphaSeeking Alpha • Feb 25
VICI Properties: A Quasi-Monopoly With High Return Potential
Summary VICI Properties has a quasi-monopoly in casino real estate with key tenants like Caesars Palace and MGM Resorts, ensuring stable and growing rental income. The triple-net lease structure and long-term inflation-proof contracts provide high profit margins, stable cash flows, and minimal vacancy risk. VICI's strong financials, consistent dividend growth, and attractive 5.5% dividend yield make it a compelling investment for stability and growth. Despite recent stock stagnation, VICI's unique position and rising dividends offer an appealing opportunity for new investors in the entertainment REIT market. Read the full article on Seeking AlphaSeeking Alpha • Feb 17
VICI: Why Gamble At The Casino When It Can Pay You 5.7%
Summary VICI Properties owns prime casino real estate, offering a unique investment opportunity with a strong moat, high margins, and a 5.7% dividend yield. Despite recent stock declines, VICI's valuation metrics are attractive, trading at 11.5x FFO and 8.74x EBITDA, below its peer group averages. VICI's revenue, EBITDA, and net income are growing, positioning it for future profitability and dividend increases as the Fed lowers rates. Risks include economic downturns and interest rate changes, but VICI's fixed-rate debt and strong tenant base provide stability and growth potential. Read the full article on Seeking AlphaSeeking Alpha • Jan 16
VICI Properties: Don't Miss The Boat (Again)
Summary VICI Properties offers a strong investment opportunity with a forward P/FFO of 10.7x and a forward yield of over 6%, making it a solid addition to a dividend portfolio. The REIT's wide moat in the casino and resort segment, long-term triple net leases, and strategic partnerships ensure high financial predictability and dividend growth. Despite risks like changing consumer habits and macroeconomic factors, VICI's high recurring revenue and predictability make it a clear compounder. The recent stock price drop presents a buying opportunity for long-term investors. Read the full article on Seeking AlphaSeeking Alpha • Jan 07
VICI Properties: Great Time To Double Down On This Bargain
Summary VICI Properties offers a near-6% yield, backed by a high-margin triple-net lease model, iconic properties, and CPI-linked rent escalators enhancing inflation resilience. Consistent AFFO growth and a strong balance sheet with investment-grade ratings position VICI for continued success and potential market-beating total returns. VICI’s strategic presence in high-profile Las Vegas assets and disciplined growth approach make it an attractive opportunity at a forward P/FFO of 11.1. Read the full article on Seeking AlphaSeeking Alpha • Jan 01
VICI Properties: Don't Pass Up This Buying Opportunity Now
Summary A spike in the U.S. 10-year yield has heavily weighed on VICI Properties' stock performance in recent months. The REIT exceeded analysts' expectations for revenue in Q3. VICI Properties enjoys a BBB- credit rating from S&P on a stable outlook. Shares of the REIT could be priced at a 15% discount to fair value. VICI Properties could be set up to deliver nearly 50% cumulative total returns through 2027. Read the full article on Seeking AlphaSeeking Alpha • Dec 20
Buy The Dip Opportunities: VICI Properties Vs Gaming And Leisure Properties
Summary The gaming property sector, represented by VICI and GLPI, offers unique value drivers like mission-critical properties, immunity to secular threats, focus on triple net leases, and outstanding negotiating position. Both REITs feature a 100% occupancy rate, outstandingly long lease terms and above-average rent escalators, setting them apart from other net lease REITs. VICI is deemed a 'strong buy' due to its higher DPS growth, trophy asset portfolio, and more attractive valuation, while GLPI is considered a 'buy'. Both REITs offer the potential for double-digit total returns resulting from multiple expansions and high dividends, but I believe VICI to outperform. Read the full article on Seeking AlphaSeeking Alpha • Dec 10
VICI Properties: Why I Am Selling This Dividend Darling
Summary Since I initially covered VICI with a "hold" rating in January 2024, shares severely underperformed the broader market. With VICI looking overvalued from my NAV and my more traditional valuation approach, I remain bearish on VICI shares. I am selling my stake at a profit while utilizing existing tax losses and plan to focus on compounding and total returns. VICI shares have a place in portfolios that are looking for high, safe, and inflation-hedged dividends. Read the full article on Seeking AlphaSeeking Alpha • Dec 03
VICI Properties: Higher Interest Rates Aren't The Only Reason For Underperformance
Summary VICI Properties offers a highly predictable, slow-growing, and safe investment, appealing to investors seeking stable returns rather than market-beating performance. The company has built an exceptional portfolio of gaming and experiential properties but faces limited expansion opportunities and higher capital costs. Recent developments show modest growth in AFFO per share, driven by CPI protections, with a 4%-5% annual growth trajectory. VICI trades at a 7% AFFO yield, and may see valuation improvements if treasury yields decline. Read the full article on Seeking AlphaSeeking Alpha • Nov 01
VICI Properties: The House Always Wins - Own The Casino Not The Business
Summary VICI Properties looks undervalued as it trades at 12.17 times its FFO and 9.57 times its EBITDA. The gaming industry is expected to expand its gross revenue by over $40 billion over the next 5 years which is bullish for VICI. VICI has 100% of its properties rented with an average lease term of 41 years and specializes in triple net leases throughout its 93 properties. Read the full article on Seeking AlphaSeeking Alpha • Oct 01
VICI Properties: Ready To Rip Higher As The Fed Shifts Lower
Summary VICI Properties Inc. is a high-quality experiential REIT with robust fundamentals and an attractive valuation. It has outperformed the S&P 500 markedly as the market anticipates a more dovish Fed through 2025. I highlight why VICI's valuation re-rating is likely still in the earlier stages, as it benefits from its recent investments. I explain why investors should consider capitalizing on its assessed valuation bifurcation before it potentially rips higher. Read the full article on Seeking AlphaSeeking Alpha • Sep 01
VICI Properties: Raised AFFO Guidance Implies Robust Dividend Hike Ahead
Summary VICI has already generated robust FQ2'24 performance metrics while raising their FY2024 guidance, with it implying a potentially rich dividend hike in FQ3'24. With the REIT already generating H1'24 AFFO growth at +6.6% YoY, we believe that the management's guidance is on the prudent side, with another beat and raise performance very likely. VICI has diversified its concentration risks to non-gaming sectors as well, with it exemplifying the management's confidence of generating profitable growth ahead. Even so, with the stock seemingly fully valued and its investment thesis tied to its rich yields as the Fed (speculatively) pivots by September 2024, readers may want to wait for a moderate pullback. Patient investors may be rewarded with richer dividend yields and improved margin of safety. Read the full article on Seeking AlphaSeeking Alpha • Aug 21
VICI Properties: Still A Good Bet
Summary VICI Properties is a net lease REIT with a 5%-plus yield. The company saw revenue and net income growth in 2Q24, raised guidance, and made new investments. Despite some riskier moves into new segments, VICI remains a well-managed REIT with a solid valuation and upside potential. Read the full article on Seeking AlphaSeeking Alpha • Aug 04
VICI Properties: Dividend And Upside Potential Still Make It A Buy
Summary VICI Properties remains a top REIT pick with iconic properties and solid fundamentals, while offering a nice dividend yield above 5%. Their recent Q2 earnings showed strong growth in revenue, FFO, and AFFO, positioning VICI as a solid long-term investment. This allowed VICI to raise their full-year guidance. Their strong liquidity, and well-covered dividend make VICI Properties a buy, despite potential risks like economic downturns. Despite recent upside their forward P/AFFO multiple of 14x is still below the sector median. If we see a second rate cut like some anticipate, I think VICI can potentially reward investors with strong double-digit upside to their price target of $38. Read the full article on Seeking AlphaSeeking Alpha • Jul 22
VICI Properties: I Am Getting A 5.4% Yield On My Last Buy
Summary Adding to position in VICI Properties Inc. for 5.4% yield, low pay-out ratio, and diversified portfolio. Trust poised to raise dividend in the third quarter, attractive value proposition for passive income investors. VICI Properties has strong FFO growth, high occupancy, and unique lease features, making it a buy for investors. Read the full article on Seeking AlphaSeeking Alpha • Jul 12
VICI Properties: The Casino REIT Bubble Has Burst, It's Time To Buy (Upgrade)
Summary VICI Properties Inc. stock has underperformed the market by a wide margin, creating an investment opportunity. VICI Properties is the largest net lease REIT focused on casino properties. The stock yields 6% and, based on my estimates, offers a 9.5% forward return potential. I am upgrading VICI Properties stock to buy. Read the full article on Seeking AlphaSeeking Alpha • Jul 02
VICI Properties: Undervalued Stock With Solid Dividend Growth Outlook
Summary VICI Properties has proven that combining world-class real estate with experiences and vices is a winning business strategy. In recent years, Las Vegas has established itself as the world's premier entertainment destination. VICI's net leverage ratio remains within its targeted leverage ratio range. Shares of the experiential REIT could be priced at a 16% discount to fair value. VICI could be set up to generate 40% cumulative total returns through 2026. Read the full article on Seeking AlphaSeeking Alpha • Jun 15
VICI Properties: The 'Experience' Of A Lifetime
Summary With a focus on entertainment hotspots like Las Vegas, VICI Properties has strong financials and a 6% dividend yield. VICI's strategic diversification and long-term growth potential make it an attractive investment. Some investors have concerns with the REIT’s poor performance since 2021. We have a different view. Read the full article on Seeking AlphaSeeking Alpha • Jun 03
VICI Properties: Not A Gamble To Buy This
Summary VICI Properties is a REIT focused on gaming and entertainment properties, largely in Las Vegas. The company has a short but successful history, consistently paying dividends and experiencing growth in its cash flows, even throughout COVID. Long-term leases and significant property improvements by its tenants contribute to its strong outlook. Read the full article on Seeking AlphaSeeking Alpha • May 03
VICI Properties: In-Line Results, Investors Should Understand What They're In For
Summary VICI Properties announced first-quarter results in line with expectations. The owner of several icon assets across the Vegas Strip continues business as usual, with 100% rent collection and a strong balance sheet. While VICI Properties' growth prospects aren't enough to beat the market, it does provide a stable, resilient, and growing income stream. I see VICI stock as a Buy ahead of a more favorable macro backdrop. Read the full article on Seeking AlphaSeeking Alpha • Apr 17
VICI Properties: Now Is The Time To Buy This 6%-Yielding REIT
Summary A survey a few years ago found that a supermajority of consumers valued experiences above material possessions. VICI's real estate portfolio is of the utmost quality in the industry, which is an undeniable competitive advantage. The experiential REIT's balance sheet is in an enviable position. VICI appears to offer an attractive margin of safety from the current share price. The REIT offers viable and outsized income, exceptional value, and modest growth, which makes it an interesting buy. Read the full article on Seeking AlphaSeeking Alpha • Apr 11
VICI Properties: Strong Growth Necessitates A Bullish Outlook
Summary VICI Properties Inc. is a specialty REIT that owns gambling and other experiential assets. The company has experienced significant revenue and cash flow growth recently. VICI Properties has plans for further growth, including acquisitions and investments in new assets. Read the full article on Seeking AlphaSeeking Alpha • Apr 02
VICI Properties: This 6% Passive Income Play Is A No-Brainer
Summary VICI Properties Inc. is a well-managed real estate investment trust with a portfolio focused on casino properties. The trust's leases include rent escalation clauses, indicating potential organic rental growth. VICI Properties has a strong tenant base, including major casino operators, and has consistently grown its adjusted funds from operations and dividend. Read the full article on Seeking AlphaSeeking Alpha • Mar 21
VICI Properties: Strong Quant Rating Supported By Portfolio Growth
Summary The current dividend yield is 5.7% and the dividend growth has outpaced similar peer REITs. According to our dividend discount model, we get a fair value estimate of $37/share. This represents a potential upside of nearly 30%. VICI is actively growing their portfolio of tenants with a diverse range of investments. They plan to deploy an additional $1.2B towards investments through 2024. Total revenue has grown by 21% and AFFO has grown by 11.8% year over year. Read the full article on Seeking AlphaSeeking Alpha • Mar 12
I'm Betting Big On VICI Properties
Summary One of my favorite games is roulette, and today I will reveal a few of my secrets in which I have consistently been able to win. I have a unique system that I use that is designed to enhance diversification while achieving optimized profits. Now let me apply this to one of my favorite REITs. Read the full article on Seeking AlphaSeeking Alpha • Mar 01
VICI Properties: A Wide Margin Of Safety At The Current Price
Summary The spread between REIT cap rates and the 10-year Treasury is 120 basis points narrower than usual. Despite this, VICI is able to maintain a healthy investment spread. VICI is able to generate a spread of 47 basis points which is the difference between the cap rates of recent acquisitions and their cost of capital. Of that 47 basis points of economic profit, equity investors are able to secure a piece of the profit pie at a discount to value. Read the full article on Seeking AlphaSeeking Alpha • Feb 23
VICI Properties: Start Winning With This Gaming Property REIT
Summary VICI Properties Inc. is a real estate investment trust that owns high-quality properties on the Las Vegas Strip, with Caesars and MGM Resorts as its largest customers. The company's adjusted funds from operations per share are growing, positioning it among the top income growth leaders among S&P 500 REITs. Despite significant debt and potential interest rate risks, VICI has a strong revenue path, diversified investments, and a consistently growing dividend. Read the full article on Seeking AlphaSeeking Alpha • Jan 31
VICI Properties: Trading At A Great Value With Promising Long-Term Potential
Summary VICI Properties is a popular real estate investment trust with eye-catching dividend metrics and high-quality tenants. The lease structure of VICI Properties, with triple net leases and CPI-linked escalation, provides predictable and stable cash flows. VICI Properties is undervalued compared to comparable REITs based on AFFO multiples and dividend discount model valuations, presenting a long-term opportunity for investors. Read the full article on Seeking AlphaSeeking Alpha • Jan 06
VICI Properties: Reviewing My Position
Summary I bought my VICI shares on November 30, 2021, at around $27 per share and the investment was a success. After holding it for two years, the position now came up for a review. The recent venture into bowling centers and golfing makes sense, but I am not sure if I want to accompany VICI down this path. Using a NAV and a more traditional approach, I think VICI is overvalued at the moment. I still rate VICI a hold for now because the REIT sector could outperform in 2024 (due to sentiment) and because I think we will keep seeing heightened inflation in 2024. Read the full article on Seeking AlphaSeeking Alpha • Dec 09
VICI Properties: Bowling Its Way Into A Diversified REIT
Summary The VICI management has proven to be highly competent, attributed to profitable growth trend, despite the challenging macroeconomic outlook. It is apparent that the REIT has also dipped its toes into multiple non-gaming properties as a way to diversify its risks, with certain sectors expected to underperform the downturn. The same trend has also been observed with multiple REITs, such as AMT into Data Center, IIPR into mixed-development/self-storage, and O into resort/gaming properties. Despite the ambitious acquisitions thus far, VICI remains highly capitalized with a robust balance sheet, implying the safety of its dividend growth ahead. With the Fed unlikely to further hike interest rates and some already speculating a Fed pivot as soon as Q1'24, we believe that the worst may very well be behind us. Read the full article on Seeking AlphaSeeking Alpha • Nov 24
Why 6%-Yielding VICI Properties Is A Great REIT For Income And Growth
Summary Las Vegas is experiencing major changes, including the addition of a state-of-the-art stadium, the relocation of sports teams, and being selected as the host city for the 2024 Super Bowl. VICI Properties, a real estate investment trust (REIT), owns a significant portion of the Las Vegas strip and is rapidly expanding beyond Vegas. VICI's concentrated tenant base, long lease terms, and non-commoditized real estate lower its risk and position it for growth and stability in the uncertain macro environment. Read the full article on Seeking AlphaSeeking Alpha • Oct 24
VICI Properties: Possible Double Digit Return With High Starting Dividend
Summary VICI Properties is a strong conviction REIT with a growing portfolio, triple net lease structure, and attractive dividend yield of 6%. The casino gaming market is expected to grow, and VICI's strategic asset portfolio positions it for success. Experiential properties, aligned with evolving consumer preferences and Gen X's inheritance of a great sum of wealth, offer value and potential for sustained growth. The dividend yield combined with the estimated FFO CAGR, we are likely to see double digit returns as the REIT market stabilizes over time. Read the full article on Seeking AlphaSeeking Alpha • Oct 13
Time To 'Bet Big' On 6% Yielding VICI Properties
Summary Interest rates have reached their highest level in 16 years, causing REITs to suffer. REITs tend to rebound after a significant drop, as seen in historical data from the 1970s. VICI Properties is the king of gaming REITs, with a ridiculously great business model that suffered zero rent defaults even during the pandemic. VICI stock is now 20% undervalued and yielding 6%. It's growing almost 11% and offers 19% annual return potential for the next decade, 3x better than the S&P. VICI Properties is a potentially great idea for anyone comfortable with the risk profile, including a complex business that will get more complex over time. Read the full article on Seeking AlphaSeeking Alpha • Oct 05
VICI Properties: I Pity Anyone Not Buying This REIT (Rating Upgrade)
Summary VICI Properties is experiencing a sell-off in the REIT sector, causing its stock price to drop to a new 52-week low. The price drop is attributed to the increase in the 10-year treasury yield, leading investors to seek safer alternatives. Despite the uncertainty in the economy, VICI has raised its dividend and has strong growth potential with its iconic properties in Las Vegas. My price target for VICI is $43.50, offering investors double-digit upside and a great margin of safety. Read the full article on Seeking AlphaHissedar Getirileri
| VICI | US Specialized REITs | US Pazar | |
|---|---|---|---|
| 7D | 1.2% | 0.1% | -0.8% |
| 1Y | -20.0% | 6.3% | 20.5% |
Getiri vs. Endüstri: VICI geçen yıl % 6.3 oranında getiri sağlayan US Specialized REITs sektörünün gerisinde kaldı.
Getiri vs Piyasa: VICI geçen yıl % 20.5 oranında getiri sağlayan US Piyasasının altında performans gösterdi.
Fiyat Oynaklığı
| VICI volatility | |
|---|---|
| VICI Average Weekly Movement | 3.3% |
| Specialized REITs Industry Average Movement | 3.2% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.1% |
İstikrarlı Hisse Senedi Fiyatı: VICI son 3 ayda US piyasasına kıyasla önemli bir fiyat oynaklığı yaşamadı.
Zaman İçindeki Volatilite: VICI 'nin haftalık oynaklığı ( 3% ) son bir yıldır istikrarlı seyretti.
Şirket Hakkında
| Kuruldu | Çalışanlar | CEO | Web sitesi |
|---|---|---|---|
| 2016 | 28 | Ed Pitoniak | www.viciproperties.com |
VICI Properties Inc., S&P 500 endeksinde yer alan bir deneyim odaklı gayrimenkul yatırım ortaklığıdır ve Las Vegas Strip’teki en ikonik üç eğlence tesisi olan Caesars Palace Las Vegas, MGM Grand ve The Venetian Resort Las Vegas’ın da dahil olduğu, sektöründe lider konumdaki kumar, konaklama, sağlık, eğlence ve dinlence tesislerinden oluşan en büyük portföylerden birine sahiptir. VICI Properties, ABD ve Kanada genelinde 63 kumar tesisi ve 40 diğer deneyim odaklı tesisten oluşan, coğrafi açıdan çeşitlilik gösteren bir portföyde 103 deneyim odaklı varlığa sahiptir. Portföy, yaklaşık 130 milyon fit kare alandan oluşmakta olup, yaklaşık 66.000 otel odası ile 700’ün üzerinde restoran, bar, gece kulübü ve spor bahis merkezini barındırmaktadır.
VICI Properties Inc. Temel Bilgiler Özeti
| VICI temel i̇stati̇sti̇kler | |
|---|---|
| Piyasa değeri | US$28.53b |
| Kazançlar(TTM) | US$2.77b |
| Gelir(TTM) | US$4.10b |
10.5x
F/K Oranı7.1x
P/S OranıVICI aşırı değerli mi?
Gerçeğe Uygun Değer ve değerleme analizine bakınızKazanç ve Gelir
| VICI gelir tablosu (TTM) | |
|---|---|
| Gelir | US$4.10b |
| Gelir Maliyeti | US$29.86m |
| Brüt Kâr | US$4.07b |
| Diğer Giderler | US$1.30b |
| Kazançlar | US$2.77b |
Son Raporlanan Kazançlar
Jun 30, 2026
Sonraki Kazanç Tarihi
n/a
| Hisse başına kazanç (EPS) | 2.51 |
| Brüt Marj | 99.27% |
| Net Kâr Marjı | 67.50% |
| Borç/Özkaynak Oranı | 57.2% |
VICI uzun vadede nasıl bir performans gösterdi?
Geçmiş performansı ve karşılaştırmayı görünTemettüler
6.8%
Mevcut Temettü Verimi69%
Ödeme OranıŞirket Analizi ve Finansal Veri Durumu
| Veri | Son Güncelleme (UTC saati) |
|---|---|
| Şirket Analizi | 2026/08/19 08:42 |
| Gün Sonu Hisse Fiyatı | 2026/08/19 00:00 |
| Kazançlar | 2026/06/30 |
| Yıllık Kazançlar | 2025/12/31 |
Veri Kaynakları
Şirket analizimizde kullanılan veriler S&P Global Market Intelligence LLC'den alınmıştır. Bu raporu oluşturmak için analiz modelimizde aşağıdaki veriler kullanılmıştır. Veriler normalize edilmiştir, bu da kaynağın mevcut olmasından kaynaklanan bir gecikmeye neden olabilir.
| Paket | Veri | Zaman Çerçevesi | Örnek ABD Kaynağı * |
|---|---|---|---|
| Şirket Finansalları | 10 yıl |
| |
| Analist Konsensüs Tahminleri | +3 yıl |
|
|
| Piyasa Fiyatları | 30 yıl |
| |
| Sahiplik | 10 yıl |
| |
| Yönetim | 10 yıl |
| |
| Önemli Gelişmeler | 10 yıl |
|
* ABD menkul kıymetleri için örnek, ABD dışı için eşdeğer düzenleyici formlar ve kaynaklar kullanılmıştır.
Belirtilmediği sürece tüm finansal veriler yıllık bir döneme dayanmaktadır ancak üç ayda bir güncellenmektedir. Bu, İzleyen On İki Ay (TTM) veya Son On İki Ay (LTM) Verileri olarak bilinir. Daha fazla bilgi edinin.
Analiz Modeli ve Kar Tanesi
Bu raporu oluşturmak için kullanılan analiz modelinin ayrıntılarına Github sayfamızdan ulaşabilirsiniz; ayrıca raporlarımızı nasıl kullanacağınıza dair kılavuzlarımız ve YouTube’da eğitim videolarımız da bulunmaktadır.
Simply Wall St analiz modelini tasarlayan ve oluşturan dünya standartlarındaki ekip hakkında bilgi edinin.
Endüstri ve Sektör Metrikleri
Sektör ve bölüm metriklerimiz Simply Wall St tarafından her 6 saatte bir hesaplanmaktadır, sürecimizin ayrıntıları Github'da mevcuttur.
Analist Kaynakları
VICI Properties Inc. 36 Bu analistlerden 13, raporumuzun girdisi olarak kullanılan gelir veya kazanç tahminlerini sunmuştur. Analistlerin gönderimleri gün boyunca güncellenmektedir.
| Analist | Kurum |
|---|---|
| Wesley Golladay | Baird |
| Richard Hightower | Barclays |
| Rich Hightower | Barclays |