-0.19%
1.97%
-6.22%
-4.72%
-1.11%
4.07%
11.14%
AI Spotlight on VICI
Company Description
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.
Market Data
| Last Price | 29.78 |
| Change Percentage | -0.19% |
| Open | 29.74 |
| Previous Close | 29.84 |
| Market Cap ( Millions) | 31398 |
| Volume | 232467 |
| Year High | 34.29 |
| Year Low | 27.07 |
| M A 50 | 30.38 |
| M A 200 | 30.61 |
Financial Ratios
| FCF Yield | 7.36% |
| Dividend Yield | 5.69% |
| ROE | 10.97% |
| Debt / Equity | 67.59% |
| Net Debt / EBIDTA | 470.66% |
| Price To Book | 1.19 |
| Price Earnings Ratio | 11.1 |
| Price To FCF | 13.59 |
| Price To sales | 8.26 |
| EV / EBITDA | 13.26 |
News
- Jan -30 - Here's Why VICI Properties Inc. (VICI) Fell More Than Broader Market
- Jan -29 - 2 Now Or Never REIT Picks For Dividend Investors
- Jan -29 - Steven Cress' Top 10 Dividend Stocks For 2025
- Jan -29 - 3 Ultrahigh-Yield Dividend Stocks You Can Buy and Hold for a Decade
- Jan -25 - Wall Street Expects 5 High-Yield Dividend REITs to Explode Higher in 2025
- Jan -24 - VICI Properties Inc. Announces Tax Treatment of 2024 Distributions
- Jan -21 - 2 No-Brainer Dividend Stocks to Buy Right Now for Less Than $200
- Jan -20 - VICI Properties: A Textbook 'Wide Moat' REIT
- Jan -20 - 5 Top Dividend Stocks Yielding More Than 5% to Buy in 2025
- Jan -19 - 1 Growth Stock Down 12% to Buy Right Now
- Jan -19 - The Smartest High-Yield Dividend Stocks to Buy With $1,000 Right Now
- Jan -16 - VICI Properties: Don't Miss The Boat (Again)
- Jan -15 - 4 Reasons to Add VICI Properties Stock to Your Portfolio Now
- Jan -14 - 2 REITs That Make Sense To Own In 2025 And Beyond
- Jan -14 - If I Could Only Give You 3 Investments For 2025
- Jan -13 - Want Safe Dividend Income in 2025 and Beyond? Invest in the Following 3 Ultra-High-Yield Stocks.
- Jan -11 - 5 Top REITs for 2025 (Huge Income)
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- Jan -09 - Why I Can't Stop Buying This Nearly 6%-Yielding Dividend Stock
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Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Leasing
Expected Growth : 4.5 %
What the company do ?
VICI Properties Inc. leasing involves renting out properties to gaming and hospitality companies, providing a steady income stream through long-term agreements.
Why we expect these perspectives ?
VICI Properties Inc.'s 4.5% growth is driven by increasing demand for experiential entertainment, strategic acquisitions, and a strong pipeline of development projects. Additionally, the company's diversified portfolio of gaming, hospitality, and entertainment assets, as well as its long-term triple-net leases, provide a stable source of revenue and cash flow.
Segment n°2 -> Income from Loans
Expected Growth : 3.8 %
What the company do ?
VICI Properties Inc. generates income from loans through its investments in mortgage loans and other real estate-related debt instruments, earning interest income from these investments.
Why we expect these perspectives ?
VICI Properties Inc.'s 3.8% income growth from loans is driven by increasing demand for gaming and hospitality real estate, strategic acquisitions, and rising interest rates. Additionally, the company's diversified portfolio and strong relationships with operators contribute to its growth. Furthermore, VICI's ability to capitalize on opportunities in the growing sports betting and online gaming markets also supports its income growth.
Segment n°3 -> Other
Expected Growth : 3.2 %
What the company do ?
VICI Properties Inc.'s 'Other' segment includes revenue from golf courses, water parks, and other non-gaming amenities.
Why we expect these perspectives ?
VICI Properties Inc.'s 3.2% growth is driven by increasing demand for gaming and entertainment, strategic acquisitions, and expansion into new markets. Additionally, the company's diversified portfolio of properties and strong relationships with operators contribute to its growth. Furthermore, the growing popularity of online gaming and sports betting also supports VICI's growth momentum.
Segment n°4 -> Golf
Expected Growth : 4.2 %
What the company do ?
Golf is a luxury golf course and resort portfolio from VICI Properties Inc., offering premium golfing experiences at esteemed locations.
Why we expect these perspectives ?
VICI Properties Inc.'s golf segment growth of 4.2% is driven by increasing demand for luxury golf experiences, strategic partnerships with high-end golf courses, and expansion into new markets. Additionally, the company's focus on operational efficiencies and cost savings initiatives have contributed to the growth.
Vici Properties Inc. Products
| Product Range | What is it ? |
|---|---|
| Gaming and Hospitality | VICI Properties Inc. owns and operates several casinos and hotels across the United States, offering a range of gaming, hospitality, and entertainment services. |
| Real Estate Investment Trust (REIT) | VICI Properties Inc. operates as a REIT, providing a diversified portfolio of gaming, hospitality, and entertainment properties to tenants. |
| Property Management | VICI Properties Inc. offers property management services, including maintenance, repairs, and capital improvements, to its tenants. |
| Development and Redevelopment | VICI Properties Inc. develops and redevelops properties to enhance their value and attractiveness to tenants and customers. |
VICI Properties Inc.'s Porter Forces
Threat Of Substitutes
VICI Properties Inc. operates in a niche market, providing real estate investment trust (REIT) services to the gaming industry. While there are some substitutes available, such as other REITs, the company's specialized focus and strong relationships with gaming operators reduce the threat of substitutes.
Bargaining Power Of Customers
VICI Properties Inc.'s customers, primarily gaming operators, have limited bargaining power due to the company's strong market position and the specialized nature of its services.
Bargaining Power Of Suppliers
VICI Properties Inc. has a diversified supplier base, and its suppliers have limited bargaining power due to the company's scale and market position.
Threat Of New Entrants
The barriers to entry in the REIT industry are relatively high, and new entrants would need significant capital and expertise to compete with VICI Properties Inc.'s established position.
Intensity Of Rivalry
The REIT industry is competitive, but VICI Properties Inc.'s specialized focus on the gaming industry and its strong relationships with gaming operators help to mitigate the intensity of rivalry.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 42.60% |
| Debt Cost | 4.63% |
| Equity Weight | 57.40% |
| Equity Cost | 8.50% |
| WACC | 6.85% |
| Leverage | 74.22% |
VICI Properties Inc. : Quality Control
VICI Properties Inc. passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| EPRT | Essential Properties Realty Trust, Inc., a real estate company, acquires, owns, and manages single-tenant properties in the United States. The company leases its properties to middle-market companies, such as restaurants, … |
| OLP | One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified portfolio consisting primarily of industrial, … |
| AAT | American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust, or REIT, headquartered in San Diego, California. The company has over 50 years of … |
| BNL | BNL is an internally-managed REIT that acquires, owns, and manages primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. … |
| CTO | CTO Realty Growth, Inc. is a Florida-based publicly traded real estate company, which owns income properties comprised of approximately 2.4 million square feet in diversified markets in the United States … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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VICI Properties
A-Score
1-Year Total Return ->
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One Liberty Properties
A-Score
1-Year Total Return ->
🥉
CTO Realty Growth
A-Score
1-Year Total Return ->
4
Essential Properties Realty Trust
A-Score
1-Year Total Return ->
5
Broadstone Net Lease
A-Score
1-Year Total Return ->
6
