VICI Properties Reports Q1 Revenue Growth Amid Challenges

The latest announcement is out from VICI Properties ( (VICI) ).

In the first quarter of 2025, VICI Properties reported a 3.4% increase in total revenues to $984.2 million, despite a 7.9% decrease in net income attributable to common stockholders, which was impacted by changes in the CECL allowance. The company announced strategic partnerships with Cain International and Eldridge Industries, and entered an agreement to provide up to $510 million for the development of a tribal casino managed by Red Rock Resorts. Additionally, VICI completed a $1.3 billion investment grade senior notes offering to refinance existing debt, and raised its AFFO guidance for the full year 2025.

Spark’s Take on VICI Stock

According to Spark, TipRanks’ AI Analyst, VICI is a Outperform.

VICI Properties exhibits strong financial health with notable revenue growth and profitability. Its robust balance sheet and lack of debt mitigate financial risks. The positive technical indicators and reasonable valuation further enhance its appeal, despite challenges in acquisitions due to interest rate volatility. Overall, the company is well-positioned within the REIT industry.

To see Spark’s full report on VICI stock, click here.

More about VICI Properties

VICI Properties Inc. is an experiential real estate investment trust (REIT) that focuses on investing in high-growth, experience-driven real estate. The company is involved in the development and management of properties, including casinos and resorts, with a market focus on regional gaming and entertainment, including Native American gaming development.

YTD Price Performance: 11.87%

Average Trading Volume: 7,546,304

Technical Sentiment Signal: Strong Sell

Current Market Cap: $34.07B

For detailed information about VICI stock, go to TipRanks’ Stock Analysis page.