Vici Properties (VICI)
NYSE:VICI
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VICI Stock Chart & Stats
$29.01
-$0.46(-1.57%)
At close: 4:00 PM EST
$29.01
-$0.46(-1.57%)
Day’s Range― - ―
52-Week Range$26.55 - $34.01
Previous CloseN/A
Volume2.33M
Average Volume (3M)8.13M
Market Cap
$30.49B
Enterprise Value$47.61B
Total Cash (Recent Filing)$480.21M
Total Debt (Recent Filing)$17.70B
Price to Earnings (P/E)9.8
Beta0.31
Next Earnings
Jul 29, 2026EPS Estimate
0.71Next Dividend Ex-DateN/A
Dividend Yield6.36%
Share Statistics
EPS (TTM)2.92
Shares Outstanding1,069,030,200
10 Day Avg. Volume8,347,581
30 Day Avg. Volume8,125,495
Financial Highlights & Ratios
PEG Ratio5.51
Price to Book (P/B)1.07
Price to Sales (P/S)7.45
P/FCF Ratio11.90
Enterprise Value/Market Cap1.56
Enterprise Value/Revenue11.76
Enterprise Value/Gross Profit11.85
Enterprise Value/Ebitda11.92
Forecast
1Y Price Target
$33.90Price Target Upside16.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
EPS Forecast (FY)2.93
Revenue Forecast (FY)$4.16B
Bulls Say, Bears Say
Bulls Say
Cash Generation & FCF GrowthVICI’s sustained, expanding free cash flow that closely tracks net income provides durable internal funding for dividends, debt service, and accretive acquisitions. Strong FCF supports a ~75% AFFO payout, funds mezzanine/loan investments, and underpins shareholder distributions over the medium term.
Contractual, Triple‑net Lease RevenueThe triple-net, long-duration lease model creates predictable, contract-based rental cash flows with embedded escalators. Tenant responsibility for property costs reduces landlord volatility in NOI, supporting steadier AFFO and making revenue less sensitive to short-term property operating swings.
Proven Capital Deployment & Partnership PipelineDemonstrated ability to deploy >$1B of capital across loans, mezzanine and acquisitions shows strategic flexibility to grow the asset base and diversify rents. Partner-driven deal flow and creative financing create a repeatable pipeline that can expand contractual rents and portfolio scale over time.
Bears Say
Material Leverage & Refinancing ExposureAbsolute debt levels and ~5x net debt/EBITDA constrain financial flexibility and increase sensitivity to rate moves or cyclical downturns. Upcoming maturities and reliance on hedging raise refinancing risk and could pressure cash available for growth or dividends if capital markets tighten.
Balance-sheet Reporting InconsistencyAn abrupt reporting shift that shows zero total debt in recent periods undermines clarity on true leverage and impedes reliable risk assessment. Until reconciled, analysts must treat leverage trends cautiously when modeling covenant headroom, refinancing needs, and stress scenarios.
Cyclical Market And Tenant Credit RisksReliance on gaming and destination operators exposes rent coverage to cyclical tourism, promotional cycles, and tenant corporate actions. Operator restructurings, privatization rumors, or competitive entrants can drive variability in tenant cash flows and increase credit volatility over a multi‑quarter horizon.
VICI Properties News
VICI FAQ
What was Vici Properties’s price range in the past 12 months?
Vici Properties lowest stock price was $26.55 and its highest was $34.01 in the past 12 months.
What is Vici Properties’s market cap?
Vici Properties’s market cap is $30.49B.
When is Vici Properties’s upcoming earnings report date?
Vici Properties’s upcoming earnings report date is Jul 29, 2026 which is in 44 days.
How were Vici Properties’s earnings last quarter?
Vici Properties released its earnings results on Apr 29, 2026. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.707 by $0.113.
Is Vici Properties overvalued?
According to Wall Street analysts Vici Properties’s price is currently Undervalued.
Does Vici Properties pay dividends?
Vici Properties pays a Quarterly dividend of $0.45 which represents an annual dividend yield of 6.36%. See more information on Vici Properties dividends here
What is Vici Properties’s EPS estimate?
Vici Properties’s EPS estimate is 0.71.
How many shares outstanding does Vici Properties have?
Vici Properties has 1,069,030,200 shares outstanding.
What happened to Vici Properties’s price movement after its last earnings report?
Vici Properties reported an EPS of $0.82 in its last earnings report, beating expectations of $0.707. Following the earnings report the stock price went up 2.098%.
Which hedge fund is a major shareholder of Vici Properties?
Currently, no hedge funds are holding shares in VICI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
VICI Properties Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$33.90 (16.86% Upside)
$33.90 (16.86% Upside)
Blogger Sentiment
Bullish
VICI Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 1.9M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 0.9%
Last 30 Days ▼ 0.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-7.11%
12-Months-Change
Fundamentals
Return on Equity
11.22%
Trailing 12-Months
Asset Growth
3.43%
Trailing 12-Months
Company Description
Vici Properties
VICI Properties functions as a specialized real estate investment trust dedicated to experiential properties. The company boasts an extensive collection of premier gaming, hospitality, and entertainment venues, notably including the globally recognized Caesars Palace. Its diverse and nationally distributed portfolio encompasses 29 gaming facilities, spanning over 48 million square feet. These sites collectively feature approximately 19,200 hotel rooms and more than 200 distinct dining, bar, and nightlife establishments. VICI's assets are leased to leading operators in the gaming and hospitality sectors, such as Caesars Entertainment, Century Casinos, Hard Rock International, JACK Entertainment, and Penn National Gaming. Beyond its core properties, VICI also holds four championship golf courses and possesses 34 acres of undeveloped land strategically located adjacent to the Las Vegas Strip. The company's fundamental objective is to cultivate the United States' most valuable and high-performing experiential real estate portfolio.
VICI Company Deck
VICI Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was broadly positive: management reported solid operating and financial metrics (AFFO per share up 4.5% YoY, raised 2026 AFFO guidance, $650M annual free cash flow, strong liquidity), meaningful new capital deployments (including a $1.5B mezzanine loan and pending $1.16B Golden acquisition), and continued tenant investment and secular tailwinds in the experience economy. Noted risks include Las Vegas cyclical transition, upcoming refinancing timing and interest-rate hedging activity, tenant-specific corporate uncertainties, and material absolute leverage. On balance, the constructive guidance, successful capital deployment, and diversification efforts outweigh the highlighted risks.View all VICI earnings summariesVICI Revenue Breakdown
91.62% Leasing revenue
5.45% Income from loans
1.93% Other income
0.99% Golf revenues
VICI Stock 12 Month Forecast
Average Price Target
$33.90
▲(16.86% Upside)
Technical Analysis
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Broadstone Net Lease
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Ownership Overview
0.29% Insiders
25.83% Mutual Funds
16.36% Other Institutional Investors
23.73% Public Companies and Individual Investors