VICI

NEW YORK--(BUSINESS WIRE)---- $VICI--VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) announced today that its subsidiary, VICI Properties L.P. (the “Issuer”), has completed its public offering of $1.75 billion in aggregate principal amount of senior unsecured notes (the “Notes”) consisting of: $900 million aggregate principal amount of 5.400% senior unsecured notes due 2031 (the “2031 Notes”). The 2031 Notes were issued at 99.966% of par value and will mature on October 15, 2031. $.

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VICI Properties remains a buy despite near-term volatility from the Caesars buyout overhang and macro uncertainty. VICI raised full-year AFFO guidance for a second consecutive quarter, with total AFFO up 8% year-over-year and a robust 6.6% dividend yield. Balance sheet strength is evident with leverage at 4.9x, ample liquidity, and continued portfolio diversification beyond Caesars.

VICI highlights relationship-driven growth, new tenants and capital deployment after raising the low end of the 2026 AFFO outlook.

VICI's Q2 AFFO meet estimates, while revenues beat forecasts, driven by lease growth and broader investment activity.

VICI Properties Inc. (VICI) Q2 2026 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)---- $VICI--VICI Properties Inc. (NYSE: VICI) (“VICI Properties”, “VICI” or the “Company”), an experiential real estate investment trust, today reported results for the quarter ended June 30, 2026. All per share amounts included herein are on a per diluted common share basis unless otherwise stated. Second Quarter 2026 Financial and Operating Highlights Total revenues increased 5.7% year-over-year to $1.1 billion Net income attributable to common stockholders decreased 39.1% year.

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VICI's Q2 results could show revenues and AFFO growth, but high debt and interest expenses might have weighed on performance.

VICI Properties offers a high, well-covered dividend and strong cash flows, making it attractive for income-focused investors. The Caesars buyout could trigger property divestitures and new sale-leasebacks, reducing VICI's tenant concentration risk. VICI's 6.84 percent forward dividend yield is well covered by AFFO with a 1.36 times coverage ratio.