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VICI Properties (VICI) Stock Forecast, Price & News

$28.97
-0.13 (-0.45%)
(As of 11:10 AM ET)
Compare
Today's Range
$28.83
$29.21
50-Day Range
$28.88
$32.88
52-Week Range
$28.83
$35.07
Volume
1.51 million shs
Average Volume
5.33 million shs
Market Capitalization
$29.36 billion
P/E Ratio
13.29
Dividend Yield
5.73%
Price Target
$36.18

VICI Properties MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
24.3% Upside
$36.18 Price Target
Short Interest
Bearish
1.86% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.96
Upright™ Environmental Score
News Sentiment
0.85mentions of VICI Properties in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.69%
From $2.13 to $2.23 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.40 out of 5 stars

Finance Sector

457th out of 873 stocks

Real Estate Investment Trusts Industry

87th out of 182 stocks


VICI stock logo

About VICI Properties (NYSE:VICI) Stock

VICI Properties Inc. is a prominent real estate investment trust (REIT) specializing in owning, acquiring, and developing gaming, hospitality, and entertainment properties. The company, founded in July 2016, has established itself as a key player in the market, offering a diverse portfolio of properties that cater to a wide range of customers.

VICI Properties operates with a clear mission to provide high-quality real estate assets that enhance the gaming, hospitality, and entertainment experiences of its customers. Headquartered in New York, NY, the company has strategically positioned itself to capitalize on the thriving gaming and entertainment sectors. Its extensive portfolio includes leased properties and four golf courses, allowing VICI Properties to cater to a broad spectrum of consumers.

With a keen focus on delivering exceptional services and experiences, VICI Properties targets customers who seek immersive and memorable entertainment options. The company aims to attract leading players in the gaming and hospitality industries by offering prime real estate assets in key locations.

VICI Properties is led by a competent and experienced management team that brings diverse skills and expertise to the table. Chief Executive Officer and Director Edward Baltazar Pitoniak spearheads the company's strategic direction, leveraging his deep understanding of the real estate and gaming sectors. President and Chief Operating Officer John W. R. Payne complements the team with his operational acumen, ensuring efficient execution of the company's growth strategies.

VICI Properties has demonstrated impressive financial performance, exhibiting growth and stability in recent years. The company has established a strong revenue base, with annual sales increasing yearly. Its profitability is evident through net margins that are around 45%. Additionally, a healthy return on equity of about 8% and a return on assets of approximately 4% further emphasize the company's financial strength.

VICI Properties operates within the broader real estate investment trust (REIT) industry, specifically focusing on gaming, hospitality, and entertainment properties. The REIT sector has experienced significant growth in recent years, driven by increasing demand for high-quality real estate assets and a flourishing gaming and entertainment market.

Its diverse portfolio and strategic locations strengthen the company's competitive position. VICI Properties benefits from growing consumer interest in these markets by owning and developing properties in key gaming and entertainment destinations.

Moreover, VICI Properties enjoys certain advantages over its peers. Its established relationships with leading players in the gaming and hospitality sectors provide a strong foundation for future growth and collaboration. Additionally, the company's extensive property management and development expertise enhances its ability to identify and capitalize on emerging trends and opportunities.

VICI Properties is well-positioned to capitalize on several growth opportunities within its target markets. The company's robust financial position and established industry relationships enable it to pursue strategic initiatives such as acquisitions, property developments, and expansions into new markets.

One notable growth opportunity lies in the expansion of the gaming and entertainment industry, both domestically and internationally. VICI Properties can leverage its expertise and portfolio to partner with gaming operators and developers, providing them with the essential real estate assets required for their expansion plans.

Furthermore, the company can explore avenues for diversification and expansion beyond its core markets. For example, identifying emerging trends in the hospitality and entertainment sectors and strategically acquiring properties in those areas can allow VICI Properties to capture new customer segments and drive long-term growth.

As with any investment, VICI Properties faces risks and challenges that could impact its future performance. One notable risk is the potential impact of economic downturns or fluctuations in consumer spending patterns. During periods of economic uncertainty, consumer demand for gaming and entertainment experiences may decline, affecting the occupancy rates and financial performance of VICI Properties' properties.

Additionally, the regulatory environment surrounding the gaming industry is subject to change. Shifts in gaming laws, tax regulations, or licensing requirements can significantly impact the operations and profitability of companies within the sector. VICI Properties must remain vigilant and adapt its strategies to comply with evolving regulations and mitigate associated risks.

Moreover, the company faces competition from other real estate players in the industry. Competitors with similar portfolios and strategic locations may pose challenges in terms of attracting tenants, negotiating favorable lease agreements, and securing new acquisitions. VICI Properties must continue differentiating itself through its unique value proposition and competitive advantages. Building and maintaining strong relationships with key gaming and hospitality operators is crucial to its success. By offering prime real estate assets in desirable locations, the company can position itself as the preferred partner for industry leaders, providing them with the necessary infrastructure to enhance their operations and customer experiences.

Furthermore, VICI Properties can leverage its property management and development expertise to deliver innovative and tailored solutions to its tenants. This may include implementing state-of-the-art technologies, creating immersive and engaging environments, or providing customized amenities to cater to evolving consumer preferences.

VICI Properties can adopt proactive strategies to mitigate risks associated with economic fluctuations, such as maintaining a diversified portfolio across various markets and asset classes. This diversification can help offset potential downturns in specific regions or sectors, ensuring a more resilient and stable revenue stream.

Risk management should also be a priority for VICI Properties. Implementing rigorous due diligence processes for potential acquisitions, monitoring and assessing regulatory changes, and maintaining strong governance practices are essential to mitigate risks and ensure compliance with industry standards and regulations.

VICI Price History

VICI Stock News Headlines

VICI Properties (NYSE:VICI) Stock Rating Reaffirmed by JMP Securities
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Uranium companies set to benefit from increased demand for clean energy.
VICI Properties (VICI) Initiated with a Buy at Wells Fargo
Exploring the Dividend Performance of VICI Properties Inc
VICI Properties Inc. Increases Regular Quarterly Dividend
Who's Doubling Down On Casinos?
VICI: The Potentially Huge Asset Hiding In Plain Sight
See More Headlines
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VICI Company Calendar

Last Earnings
5/04/2022
Ex-Dividend for 7/6 Dividend
6/21/2023
Dividend Payable
7/06/2023
Ex-Dividend for 10/5 Dividend
9/20/2023
Today
10/02/2023
Dividend Payable
10/05/2023
Next Earnings (Confirmed)
10/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
23
Year Founded
2016

Price Target and Rating

Average Stock Price Forecast
$36.18
High Stock Price Forecast
$41.00
Low Stock Price Forecast
$32.00
Forecasted Upside/Downside
+24.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
10 Analysts

Profitability

Net Income
$1.12 billion
Pretax Margin
66.29%

Debt

Sales & Book Value

Annual Sales
$2.60 billion
Cash Flow
$1.20 per share
Book Value
$23.14 per share

Miscellaneous

Outstanding Shares
1,013,430,000
Free Float
1,011,300,000
Market Cap
$29.49 billion
Optionable
Optionable
Beta
0.93

Social Links

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Key Executives

  • Mr. Edward Baltazar PitoniakMr. Edward Baltazar Pitoniak (Age 67)
    CEO & Director
    Comp: $5.01M
  • Mr. John W. R. PayneMr. John W. R. Payne (Age 55)
    Pres & COO
    Comp: $3.25M
  • Mr. David Andrew KieskeMr. David Andrew Kieske (Age 52)
    Exec. VP, CFO & Treasurer
    Comp: $2.03M
  • Ms. Samantha Sacks GallagherMs. Samantha Sacks Gallagher (Age 46)
    Exec. VP, Gen. Counsel & Sec.
    Comp: $1.59M
  • Mr. Kellan Florio
    Sr. VP & Chief Investment Officer
  • Mr. Gabriel F. WassermanMr. Gabriel F. Wasserman (Age 39)
    Sr. VP & Chief Accounting Officer
  • Mr. Jacques Cornet
    Investor Relations of ICR Inc.
  • Ms. Moira McCloskey
    Sr. VP of Capital Markets
  • Mr. Vishal Parikh
    Controller













VICI Stock - Frequently Asked Questions

Should I buy or sell VICI Properties stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for VICI Properties in the last twelve months. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" VICI shares.
View VICI analyst ratings
or view top-rated stocks.

What is VICI Properties' stock price forecast for 2023?

10 equities research analysts have issued 12 month target prices for VICI Properties' shares. Their VICI share price forecasts range from $32.00 to $41.00. On average, they anticipate the company's stock price to reach $36.18 in the next year. This suggests a possible upside of 24.3% from the stock's current price.
View analysts price targets for VICI
or view top-rated stocks among Wall Street analysts.

How have VICI shares performed in 2023?

VICI Properties' stock was trading at $32.40 on January 1st, 2023. Since then, VICI stock has decreased by 10.2% and is now trading at $29.10.
View the best growth stocks for 2023 here
.

Are investors shorting VICI Properties?

VICI Properties saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 18,750,000 shares, a drop of 19.4% from the August 15th total of 23,270,000 shares. Based on an average daily trading volume, of 4,830,000 shares, the days-to-cover ratio is presently 3.9 days.
View VICI Properties' Short Interest
.

When is VICI Properties' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our VICI earnings forecast
.

How can I listen to VICI Properties' earnings call?

VICI Properties will be holding an earnings conference call on Thursday, October 26th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "383530".

How were VICI Properties' earnings last quarter?

VICI Properties Inc. (NYSE:VICI) released its earnings results on Wednesday, May, 4th. The company reported $0.35 EPS for the quarter, missing analysts' consensus estimates of $0.44 by $0.09. The company earned $416.20 million during the quarter, compared to analyst estimates of $410.84 million. VICI Properties had a net margin of 65.04% and a trailing twelve-month return on equity of 9.31%. The business's revenue for the quarter was up 11.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.47 EPS.

How often does VICI Properties pay dividends? What is the dividend yield for VICI Properties?

VICI Properties declared a quarterly dividend on Thursday, September 7th. Investors of record on Thursday, September 21st will be given a dividend of $0.415 per share on Thursday, October 5th. This represents a $1.66 dividend on an annualized basis and a yield of 5.70%. The ex-dividend date of this dividend is Wednesday, September 20th. This is an increase from the stock's previous quarterly dividend of $0.39.
Read our dividend analysis for VICI
.

Is VICI Properties a good dividend stock?

VICI Properties (NYSE:VICI) pays an annual dividend of $1.66 per share and currently has a dividend yield of 5.70%. VICI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 76.15%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, VICI will have a dividend payout ratio of 74.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VICI.

What guidance has VICI Properties issued on next quarter's earnings?

VICI Properties updated its FY 2023 earnings guidance on Wednesday, July, 26th. The company provided earnings per share (EPS) guidance of $2.11-$2.14 for the period, compared to the consensus earnings per share estimate of $2.38. The company issued revenue guidance of -.

What other stocks do shareholders of VICI Properties own?

Based on aggregate information from My MarketBeat watchlists, some companies that other VICI Properties investors own include AT&T (T), Pfizer (PFE), Intel (INTC), Cisco Systems (CSCO), Johnson & Johnson (JNJ), CVS Health (CVS), Verizon Communications (VZ), AbbVie (ABBV), Walt Disney (DIS) and Alibaba Group (BABA).

When did VICI Properties IPO?

(VICI) raised $1 billion in an initial public offering on Thursday, February 1st 2018. The company issued 50,000,000 shares at a price of $19.00-$21.00 per share. Morgan Stanley, Goldman Sachs and BofA Merrill Lynch acted as the underwriters for the IPO and Barclays, Citigroup, Deutsche Bank Securities, Co-Managers, Credit Suisse, UBS Investment Bank, Stifel, Citizens Capital Markets, Wells Fargo Securities, Nomura and Union Gaming were co-managers.

What is VICI Properties' stock symbol?

VICI Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "VICI."

How do I buy shares of VICI Properties?

Shares of VICI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is VICI Properties' stock price today?

One share of VICI stock can currently be purchased for approximately $29.10.

How much money does VICI Properties make?

VICI Properties (NYSE:VICI) has a market capitalization of $29.49 billion and generates $2.60 billion in revenue each year. The company earns $1.12 billion in net income (profit) each year or $2.18 on an earnings per share basis.

How can I contact VICI Properties?

VICI Properties' mailing address is 535 MADISON AVENUE 20TH FLOOR, NEW YORK NY, 10022. The official website for the company is www.viciproperties.com. The company can be reached via phone at (646) 949-4631 or via email at investors@viciproperties.com.

This page (NYSE:VICI) was last updated on 10/2/2023 by MarketBeat.com Staff

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