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Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
The perfect AI stock under $10 (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
The perfect AI stock under $10 (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
The perfect AI stock under $10 (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard

VICI Properties (VICI) Stock Price, News & Analysis

$29.70
+0.04 (+0.13%)
(As of 02/22/2024 ET)
Today's Range
$29.63
$29.91
50-Day Range
$29.19
$32.67
52-Week Range
$26.63
$34.34
Volume
5.64 million shs
Average Volume
6.08 million shs
Market Capitalization
$30.73 billion
P/E Ratio
12.43
Dividend Yield
5.59%
Price Target
$35.15

VICI Properties MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
18.4% Upside
$35.15 Price Target
Short Interest
Healthy
2.31% 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 20 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.65%
From $2.15 to $2.25 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.88 out of 5 stars

Finance Sector

38th out of 817 stocks

Real Estate Investment Trusts Industry

7th out of 171 stocks


VICI stock logo

About VICI Properties Stock (NYSE:VICI)

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 Stock Price History

VICI Stock News Headlines

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Company Calendar

Last Earnings
5/04/2022
Ex-Dividend for 1/4 Dividend
12/20/2023
Dividend Payable
1/04/2024
Today
2/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$35.15
High Stock Price Target
$41.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+18.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
12 Analysts

Profitability

Net Income
$1.12 billion
Pretax Margin
69.98%

Debt

Sales & Book Value

Annual Sales
$3.45 billion
Cash Flow
$1.20 per share
Book Value
$23.14 per share

Miscellaneous

Outstanding Shares
1,034,532,000
Free Float
1,032,359,000
Market Cap
$30.73 billion
Optionable
Optionable
Beta
0.91

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Should I Buy VICI Properties Stock? VICI Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of VICI Properties was last updated on Monday, February 19, 2024 at 8:20 PM.

Pros

Here are some ways that investors could benefit from investing in VICI Properties Inc.:

  • VICI Properties Inc. is an S&P 500 experiential real estate investment trust with a large portfolio of market-leading gaming and hospitality destinations.
  • They have a strong track record of growth and profitability, making them a reliable investment option.
  • VICI Properties Inc. focuses on partnering with high-quality experiential place makers and operators, ensuring a productive real estate portfolio.

Cons

Investors should be bearish about investing in VICI Properties Inc. for these reasons:

  • Current stock price fluctuations may pose a risk to potential investors.














VICI Stock Analysis - Frequently Asked Questions

Should I buy or sell VICI Properties stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for VICI Properties in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" VICI shares.
View VICI analyst ratings
or view top-rated stocks.

What is VICI Properties' stock price target for 2024?

12 equities research analysts have issued 1 year target prices for VICI Properties' stock. Their VICI share price targets range from $30.00 to $41.00. On average, they anticipate the company's share price to reach $35.15 in the next year. This suggests a possible upside of 18.4% 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 2024?

VICI Properties' stock was trading at $31.88 on January 1st, 2024. Since then, VICI shares have decreased by 6.8% and is now trading at $29.70.
View the best growth stocks for 2024 here
.

Are investors shorting VICI Properties?

VICI Properties saw a increase in short interest during the month of January. As of January 31st, there was short interest totaling 23,920,000 shares, an increase of 13.6% from the January 15th total of 21,050,000 shares. Based on an average daily trading volume, of 6,510,000 shares, the short-interest ratio is currently 3.7 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 Thursday, February 22nd 2024.
View our VICI earnings forecast
.

How can I listen to VICI Properties' earnings call?

VICI Properties will be holding an earnings conference call on Friday, February 23rd 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 "121561".

How were VICI Properties' earnings last quarter?

VICI Properties Inc. (NYSE:VICI) issued its quarterly earnings results on Wednesday, May, 4th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by $0.09. The company had revenue of $416.20 million for the quarter, compared to analysts' expectations of $410.84 million. VICI Properties had a trailing twelve-month return on equity of 10.02% and a net margin of 68.69%. The firm's revenue for the quarter was up 11.2% on a year-over-year basis. During the same period last year, the firm posted $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, December 7th. Stockholders of record on Thursday, December 21st will be paid a dividend of $0.415 per share on Thursday, January 4th. This represents a $1.66 dividend on an annualized basis and a yield of 5.59%. The ex-dividend date of this dividend is Wednesday, December 20th.
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 5.62%. 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 69.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VICI will have a dividend payout ratio of 73.78% 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 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share (EPS) guidance of 2.220-2.250 for the period, compared to the consensus EPS estimate of 2.560. 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 served 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.

Who are VICI Properties' major shareholders?

VICI Properties' stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (14.20%), Capital International Investors (6.08%), Cohen & Steers Inc. (3.36%), Capital Research Global Investors (3.34%), Principal Financial Group Inc. (2.50%) and Allianz Asset Management GmbH (2.26%). Insiders that own company stock include Gabriel Wasserman, James R Abrahamson, John W R Payne, Michael D Rumbolz and Samantha Sacks Gallagher.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:VICI) was last updated on 2/23/2024 by MarketBeat.com Staff