Added to YB: 2025-08-06
Pitch date: 2025-06-17
VICI [bullish]
VICI Properties Inc.
-8.96%
current return
Author Info
No bio for this author
Company Info
VICI Properties Inc. is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality, wellness, entertainment and leisure destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.
Market Cap
$34.0B
Pitch Price
$31.48
Price Target
N/A
Dividend
5.43%
EV/EBITDA
14.25
P/E
12.20
EV/Sales
13.24
Sector
Specialized REITs
Category
dividend
VICI Properties Inc. - $VICI
VICI: Triple net REITs owning premier casino properties (83% LV). 40yr leases, 100% occupied w/high barriers. Dividend yields 5.4% w/7.4% CAGR over 7yrs. 90% of rent CPI-protected by 2035. AFFO +5.6% YoY. Trading at 13.4x AFFO vs 16-17x in low-rate era. 2025 guidance $2.35/sh. Rate cuts = key catalyst.
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