VICI Properties Inc. (VICI)

US — Real Estate Sector
Peers: EXR  IRM  VTR  AVB  CSGP  EQR  KIM-PN  CCI  MAA  SBAC 

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Key Metrics & Ratings

  • symbol VICI
  • Rev/Share 3.7173
  • Book/Share 25.9833
  • PB 1.2104
  • Debt/Equity 0.6601
  • CurrentRatio 30.9945
  • ROIC 0.0801

 

  • MktCap 33025472025.0
  • FreeCF/Share 2.3211
  • PFCF 13.4708
  • PE 11.8683
  • Debt/Assets 0.3873
  • DivYield 0.0564
  • ROE 0.1037

 

  • Rating A
  • Score 4
  • Recommendation Buy
  • P/E Score 3
  • DCF Score 5
  • P/B Score 3
  • D/E Score 2

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation VICI Cantor Fitzgerald -- Overweight -- $37 Oct. 1, 2025
Initiation VICI Barclays -- Overweight -- $36 Jan. 10, 2025
Upgrade VICI Wedbush Neutral Outperform $34 $33 Jan. 2, 2025
Downgrade VICI KeyBanc Capital Markets Overweight Sector Weight -- -- Dec. 17, 2024

News

VICI Properties to Report Q3 Earnings: What to Expect From the Stock?
VICI
Published: October 28, 2025 by: Zacks Investment Research
Sentiment: Positive

VICI's Q3 performance is set to benefit from stable lease revenues, portfolio diversification and steady growth across key income streams.

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image for news VICI Properties to Report Q3 Earnings: What to Expect From the Stock?
2 REITs That Missed Out On The Rally
CNNRF, CZR, GLPI, ILPT, MCD, VICI, VNQ
Published: October 21, 2025 by: Seeking Alpha
Sentiment: Negative

Most REITs have risen a lot already. But some REITs have missed this recovery and remain discounted. I highlight two such companies that remain opportunistic.

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image for news 2 REITs That Missed Out On The Rally
October's 5 Dividend Growth Stocks With Yields Up To 8.33%
BMY, IYR, MO, RLJ, UPS, VICI, XLV
Published: October 20, 2025 by: Seeking Alpha
Sentiment: Positive

Every month, we screen for high-yield dividend yields, but those that also deliver relatively consistent growth with regular dividend increases. The parameters of the screening also include dividend safety, which factors in payout ratios, debt and free cash flow as some key metrics. While these names screen highly, it is important to remember that it is only an initial dive; more due diligence is necessary before making any investment decision.

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image for news October's 5 Dividend Growth Stocks With Yields Up To 8.33%
VICI Properties Reloads Agreement for Northfield Park With Clairvest
VICI
Published: October 20, 2025 by: Zacks Investment Research
Sentiment: Positive

VICI's Northfield Park deal with Clairvest reshapes its MGM lease, unlocking long-term rent stability and strengthening its Ohio gaming footprint.

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image for news VICI Properties Reloads Agreement for Northfield Park With Clairvest
Down 6.6% in 4 Weeks, Here's Why VICI Properties (VICI) Looks Ripe for a Turnaround
VICI
Published: October 10, 2025 by: Zacks Investment Research
Sentiment: Positive

The heavy selling pressure might have exhausted for VICI Properties (VICI) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

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image for news Down 6.6% in 4 Weeks, Here's Why VICI Properties (VICI) Looks Ripe for a Turnaround
5 Stocks With Solid Sales Growth As Markets Touch Record Highs
AIZ, DUK, GRMN, STNE, VICI
Published: October 08, 2025 by: Zacks Investment Research
Sentiment: Positive

As markets hit record highs, stocks like StoneCo, Garmin, Assurant, VICI Properties and Duke Energy stand out for strong sales growth.

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image for news 5 Stocks With Solid Sales Growth As Markets Touch Record Highs
VICI Properties Has It All: Growth, Dividend Growth, And Value
VICI
Published: October 07, 2025 by: Seeking Alpha
Sentiment: Positive

VICI Properties offers a compelling 5.5% dividend yield, strong fundamentals, and trades at a discounted 12x forward P/FFO. VICI's high-margin, inflation-protected leases and strategic credit investments support reliable income and long-term growth potential. It has increasing exposure to CPI-linked leases and robust tenant quality, enhancing stability.

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image for news VICI Properties Has It All: Growth, Dividend Growth, And Value
VICI Properties Inc. (VICI) Falls More Steeply Than Broader Market: What Investors Need to Know
VICI
Published: September 16, 2025 by: Zacks Investment Research
Sentiment: Neutral

In the most recent trading session, VICI Properties Inc. (VICI) closed at $32.64, indicating a -1.33% shift from the previous trading day.

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image for news VICI Properties Inc. (VICI) Falls More Steeply Than Broader Market: What Investors Need to Know
Bank of America Warns ‘It Better Be Different This Time': 5 Super-Safe Dividend Picks
AEP, CL, EPD, T, VICI
Published: September 15, 2025 by: 24/7 Wall Street
Sentiment: Positive

Over a month ago, Bank of America Chief Investment Strategist

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image for news Bank of America Warns ‘It Better Be Different This Time': 5 Super-Safe Dividend Picks
5 Reasons to Add VICI Properties Stock to Your Portfolio Now
VICI
Published: September 12, 2025 by: Zacks Investment Research
Sentiment: Positive

VICI shines with landmark assets, inflation-protected leases, a strong balance sheet and reliable dividend growth.

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image for news 5 Reasons to Add VICI Properties Stock to Your Portfolio Now
O vs. VICI: Who Wins the Dividend Race, and Which Stock to Buy?
O, VICI
Published: September 11, 2025 by: Zacks Investment Research
Sentiment: Positive

Realty Income and VICI both raise payouts, but VICI's inflation-linked leases and growth outlook make it the stronger dividend REIT.

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image for news O vs. VICI: Who Wins the Dividend Race, and Which Stock to Buy?
VICI Properties: Vegas Is Not Dead - Fed Pivot Triggers Robust Tailwinds
VICI
Published: September 08, 2025 by: Seeking Alpha
Sentiment: Positive

VICI has proved why its gaming portfolio has been able to drive robust profitable growth, despite the headwinds arising from the expensive borrowing cost environment. This is especially since the management has raised their FY2025 AFFO per share guidance and subsequently, quarterly dividend payouts, somewhat inline to historical trends. VICI's Las Vegas Strip portfolio remains promising as well, aided by the region's ongoing diversification from gaming to a global entertainment hub across F1 racing and Backstreet Boys residency.

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image for news VICI Properties: Vegas Is Not Dead - Fed Pivot Triggers Robust Tailwinds
VICI Properties Rewards Shareholders With 4% Dividend Hike
VICI
Published: September 05, 2025 by: Zacks Investment Research
Sentiment: Positive

VICI boosts its quarterly dividend by 4% to 45 cents per share, reinforcing its appeal to income-focused investors.

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image for news VICI Properties Rewards Shareholders With 4% Dividend Hike
2 High-Yield REIT Picks to Capitalize on Imminent Fed Rate Cuts
O, VICI
Published: August 14, 2025 by: 24/7 Wall Street
Sentiment: Positive

Key Points in This Article: July's CPI signaled cooling inflation, boosting expectations for Fed rate cuts in September, but a bigger-than-expected increase in the PPI tempered enthusiasm slightly.

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image for news 2 High-Yield REIT Picks to Capitalize on Imminent Fed Rate Cuts
VICI Properties Stock Up 12.5% Year to Date: Will It Continue to Rise?
VICI
Published: August 13, 2025 by: Zacks Investment Research
Sentiment: Neutral

VICI's 12.5% YTD rally is fueled by long-term leases, a 100% occupancy rate, portfolio diversification and strong liquidity.

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image for news VICI Properties Stock Up 12.5% Year to Date: Will It Continue to Rise?
My Top 10 High-Yield Dividend Stocks For August 2025: One Yields 11%-Plus
BBSEY, CMCSA, CVX, DPSTF, EPD, HDV, KO, MO, PEP, SCHD, T, TD, VICI, VZ, XOM
Published: August 10, 2025 by: Seeking Alpha
Sentiment: Positive

I focus on dividend stocks with sustainable payouts to maximize risk-adjusted returns and avoid dividend cuts. My August 2025 picks—like Deutsche Post, Altria, Verizon, and PepsiCo—offer attractive yields, strong financials, and potential for dividend growth. I blend high-yield and dividend growth stocks, balancing income and long-term growth for a resilient, diversified dividend portfolio.

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image for news My Top 10 High-Yield Dividend Stocks For August 2025: One Yields 11%-Plus
Disinflation Dividend: REIT Earnings Scorecard
AMH, AMT, ARR, BBRE, BFS, BHR, CBL, CCI, CHCT, CIO, COLD, DRN, DRV, ELME, ELS, EPR, EQIX, ESS, EXR, FREL, FRI, GLPI, GPMT, IARAX, ICF, ILPT, INVH, IRM, IYR, JRS, KBWY, LAMR, LINE, LXP, NRO, NTST, OUT, PPTY, PSA, PSR, RC, REG, REIT, REK, RFI, RITM, RNP, RQI, RWR, SCHH, SEVN, SKT, SLG, SRS, SRVR, SUI, URE, USRT, VICI, VNQ, VRAI, WELL, XHR, XLRE
Published: August 10, 2025 by: Seeking Alpha
Sentiment: Positive

A surprising solid REIT earnings season wrapped up this week. Of the 100 equity REITs that provide full-year FFO guidance, 62% raised their outlook - above the historical 55% average. Disinflation was a surprisingly common thread across second-quarter results, with the majority of the upside revisions being driven by improved expense expectations - the highest quantity of expense reductions ever. Healthcare REITs were notable upside standouts as senior housing fundamentals remained stellar, while skilled nursing REITs received some good news on the policy front via healthy CMS Medicare rate increases.

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image for news Disinflation Dividend: REIT Earnings Scorecard
VICI Properties: The Case For A Lower Price (And Why I Want It)
VICI
Published: August 05, 2025 by: Seeking Alpha
Sentiment: Neutral

VICI Properties faces near-term headwinds from declining Las Vegas tourism and tenant credit rating pressures, raising the risk of operating softness. Despite resilient rent collection and growing AFFO, current valuation offers limited margin of safety, with potential for multiple contraction ahead. Management's disciplined capital allocation and strong balance sheet position VICI to capitalize on future buying opportunities or share buybacks if the stock declines.

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image for news VICI Properties: The Case For A Lower Price (And Why I Want It)
VICI Properties' Q2 AFFO Meets Estimates, Revenues Beat
VICI
Published: July 31, 2025 by: Zacks Investment Research
Sentiment: Positive

VICI posts solid Q2 results with AFFO growth and raised 2025 guidance, though rising interest costs affect momentum.

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image for news VICI Properties' Q2 AFFO Meets Estimates, Revenues Beat
2 High-Yield Dividend Stocks to Buy Today for Passive Income
CVX, VICI
Published: July 13, 2025 by: 24/7 Wall Street
Sentiment: Positive

Key Points in This Article: Dividend stocks provide steady income and portfolio stability, ideal for retirees or passive income seekers, with reliable cash flow for reinvestment or supplementation.

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image for news 2 High-Yield Dividend Stocks to Buy Today for Passive Income
VICI: A 5.3% Yield With Inflation Protection And Room To Grow
VICI
Published: July 09, 2025 by: Seeking Alpha
Sentiment: Positive

VICI offers a steady, growing dividend supported by strong cash flows and disciplined payout management. With 90% of leases tied to CPI by 2035, VICI provides built-in protection against long-term inflation risk. Valuation is fair at 14x forward AFFO, with a sustainable payout ratio and prudent balance sheet, supporting ongoing dividend safety and growth.

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image for news VICI: A 5.3% Yield With Inflation Protection And Room To Grow
Trade Tracker: Jenny Harrington sells Organon and buys Vici Properties
OGN, VICI
Published: July 08, 2025 by: CNBC Television
Sentiment: Neutral

Jenny Harrington, CEO Gilman Hill Asset Management, joins CNBC's "Halftime Report" to detail her latest portfolio moves.

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image for news Trade Tracker: Jenny Harrington sells Organon and buys Vici Properties
5 High-ROE Stocks to Buy as Markets Bask in Middle East Truce
ANET, APP, BBVA, TEL, VICI
Published: June 27, 2025 by: Zacks Investment Research
Sentiment: Positive

Strong labor data and easing geopolitical tensions lift markets - here are 5 high-ROE stocks poised to benefit now.

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image for news 5 High-ROE Stocks to Buy as Markets Bask in Middle East Truce
Should You Invest in VICI Properties (VICI) Based on Bullish Wall Street Views?
VICI
Published: June 26, 2025 by: Zacks Investment Research
Sentiment: Positive

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

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image for news Should You Invest in VICI Properties (VICI) Based on Bullish Wall Street Views?
Why AI Makes REITs More Valuable
ADC, AMH, MAA, O, REG, SPG, SPY, VICI, VNQ, WSR
Published: June 23, 2025 by: Seeking Alpha
Sentiment: Positive

AI adoption will drive long-term value for REITs by boosting efficiency, reducing costs, and expanding profit margins, ultimately raising FFO and fair valuations. Management-intensive REIT sectors—like multifamily, retail, tower infrastructure, and single-family rentals—stand to benefit most from AI-powered operational improvements. Smaller REITs may gain a competitive edge as AI tools help them operate more efficiently, potentially narrowing the gap with larger players.

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image for news Why AI Makes REITs More Valuable
Dividend Harvesting Portfolio Week 224: $22,400 Allocated, $2,349.12 In Projected Dividends
BP, BSTZ, ENB, MO, MSTY, NNN, QQQI, VICI
Published: June 19, 2025 by: Seeking Alpha
Sentiment: Positive

Despite a market pullback, my Dividend Harvesting Portfolio delivered positive returns and increased income, showcasing the benefits of diversification and disciplined reinvestment. I added to VICI, NNN, BSTZ, and MSTY, targeting high-yield, stable, and discounted assets poised to benefit from future Fed rate cuts and sector trends. The portfolio's forward dividend income and YoY growth remain strong, with reinvestment and sector allocation driving compounding income and downside risk mitigation.

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image for news Dividend Harvesting Portfolio Week 224: $22,400 Allocated, $2,349.12 In Projected Dividends
June's 5 Dividend Growth Stocks With Yields Up To 6.76%
APAM, ARE, CAG, EIX, ENB, LNC, MO, NLCP, PCG, RLJ, UPS, VICI, VZ, WU
Published: June 18, 2025 by: Seeking Alpha
Sentiment: Positive

Dividend growth stocks can provide stable, growing income, making them ideal for long-term investors despite lacking the excitement of headline-grabbing returns. My screening focuses on higher-yielding stocks, trying to find those with dividend safety and consistent growth. We also touch on the option wheel strategy today, as two of the names we'll be giving a look at are ones we employ the strategy on.

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image for news June's 5 Dividend Growth Stocks With Yields Up To 6.76%
VICI Properties Rises 12.7% Year to Date: Should You Buy or Sell?
VICI
Published: June 13, 2025 by: Zacks Investment Research
Sentiment: Positive

VICI's compelling dividend payout, inflation-linked rent growth, favorable valuations and better-than-industry returns position it for long-term growth.

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image for news VICI Properties Rises 12.7% Year to Date: Should You Buy or Sell?
O vs. VICI: Which Net Lease REIT Offers Safer Income in 2025?
O, VICI
Published: June 12, 2025 by: Zacks Investment Research
Sentiment: Positive

VICI Properties' inflation-linked leases, mission-critical assets and tenant quality make it a safer income bet than Realty Income in 2025.

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image for news O vs. VICI: Which Net Lease REIT Offers Safer Income in 2025?
5 High-ROE Picks as Solid Labor Market Conditions Propel Stocks
ANET, APP, BBVA, SSAAY, VICI
Published: June 11, 2025 by: Zacks Investment Research
Sentiment: Positive

Strong labor data fuels stocks. Five high-ROE picks, VICI, SSAAY, ANET, BBVA and APP, stand out for cash flow and earnings growth.

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image for news 5 High-ROE Picks as Solid Labor Market Conditions Propel Stocks

About VICI Properties Inc. (VICI)

  • IPO Date 2018-01-02
  • Website https://www.viciproperties.com
  • Industry REIT - Diversified
  • CEO Edward Baltazar Pitoniak
  • Employees 27

VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace. VICI Properties' national, geographically diverse portfolio consists of 29 gaming facilities comprising over 48 million square feet and features approximately 19,200 hotel rooms and more than 200 restaurants, bars and nightclubs. Its properties are leased to industry leading gaming and hospitality operators, including Caesars Entertainment, Inc., Century Casinos Inc., Hard Rock International, JACK Entertainment and Penn National Gaming, Inc. VICI Properties also owns four championship golf courses and 34 acres of undeveloped land adjacent to the Las Vegas Strip. VICI Properties' strategy is to create the nation's highest quality and most productive experiential real estate portfolio.