The latest trading day saw VICI Properties Inc. (VICI) settling at $28.51, representing a +1.1% change from its previous close.
VICI Properties Inc. (VICI) reached $29.01 at the closing of the latest trading day, reflecting a +2.15% change compared to its last close.
VICI Properties has raised its dividend each year as a publicly traded company, and its tenants have never missed a rent payment. The net lease REIT's combination of contractual escalators, acquisitions, and loan strategy provides a path to consistent AFFO per share growth. VICI Properties sports a BBB- S&P credit rating with a stable outlook.
VICI Properties (NYSE: VICI) just delivered its latest quarterly dividend payment to shareholders, and the scorecard behind that check tells a story worth understanding.
Macro pessimism, Las Vegas overhang, and tenant concentration have contributed to VICI's steep selloff, albeit triggering my upgraded Strong Buy rating. The tenants' profitable metrics, 100% rent collection, triple net lease, and inflation-protected escalators support the REIT's resilient operations. VICI's diversification into experiential assets further enhances its long-term prospects while offering a speculative upside potential, assuming valuation re-rating nearer to its diversified REIT peers.
VICI expands into Canada with a $144M sale-leaseback deal, tied to Pure Casino Entertainment Limited Partnership's Gamehost acquisition.
In the closing of the recent trading day, VICI Properties Inc. (VICI) stood at $26.61, denoting a -2.03% move from the preceding trading day.
VICI deepens ties with Cain and Eldridge Industries via a $1.5B mezzanine loan for One Beverly Hills.
VICI Properties Inc. (VICI) closed at $26.83 in the latest trading session, marking a -4.11% move from the prior day.
VICI Properties remains compelling after a significant price decline, offering attractive valuation and resilient fundamentals, especially with CPI-linked rent escalators. AFFO per share grew 5.1% in 2025 to $2.38, with 2026 guidance softer at $2.42–$2.45, reflecting 1.7%–2.9% growth amid a normalization in Las Vegas trends. VICI's balance sheet is robust, with net debt/EBITDA at 5x and a weighted average interest rate of 4.46%, mitigating refinancing risks despite rising rates.
VICI Properties sold off on fears about Las Vegas and tenant risks. Recent results suggest those concerns may be overblown. Slower growth for now, but the long-term upside story remains intact.
VICI Properties Inc. (VICI) closed the most recent trading day at $28.42, moving 3.04% from the previous trading session.