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VICI Properties Inc. VICI
Real Estate - REIT - Diversified - NYSE - US
Watchlist
$ 32.97
-1.2 %
$ 34.8 B
Market Cap
12.56
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one VICI stock under the worst case scenario is HIDDEN Compared to the current market price of 33 USD, VICI Properties Inc. is HIDDEN

VICI Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one VICI stock under the base case scenario is HIDDEN Compared to the current market price of 33 USD, VICI Properties Inc. is HIDDEN

VICI Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one VICI stock under the best case scenario is HIDDEN Compared to the current market price of 33 USD, VICI Properties Inc. is HIDDEN

VICI Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart VICI

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1M 2%
6M 5%
1Y 21%
3Y 29.0%
5Y 158%
All
$33.0$33.0$32.0$32.0$31.0$31.0$30.0$30.0$29.0$29.0$28.0$28.0$27.0$27.0Nov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 Apr
FINANCIALS
3.85 B REVENUE
6.57%
Growth Rates
1Year 6.57%
3Years 36.62%
5Years 33.88%
7Years 52.42%
10Years 70.17%
3.54 B OPERATING INCOME
6.20%
Growth Rates
1Year 6.20%
3Years 34.89%
5Years 33.29%
7Years 58.00%
10Years 213.22%
2.72 B NET INCOME
8.26%
Growth Rates
1Year 8.26%
3Years 38.55%
5Years 37.47%
7Years 79.95%
10Years 283.06%
2.38 B OPERATING CASH FLOW
9.19%
Growth Rates
1Year 9.19%
3Years 38.50%
5Years 28.41%
7Years 51.22%
10Years 94.50%
-923 M INVESTING CASH FLOW
68.17%
Growth Rates
1Year 68.17%
3Years -185.47%
5Years 7.48%
7Years 2.95%
10Years -210.72%
-1.46 B FINANCING CASH FLOW
-141.22%
Growth Rates
1Year -141.22%
3Years -41.51%
5Years -17.42%
7Years -12.42%
10Years -85.82%
976 M REVENUE
1.18%
Growth Rates
1Year 6.57%
3Years 36.62%
5Years 33.88%
7Years 52.42%
10Years 70.17%
834 M OPERATING INCOME
-12.38%
Growth Rates
1Year 6.20%
3Years 34.89%
5Years 33.29%
7Years 58.00%
10Years 213.22%
624 M NET INCOME
-17.43%
Growth Rates
1Year 8.26%
3Years 38.55%
5Years 37.47%
7Years 79.95%
10Years 283.06%
644 M OPERATING CASH FLOW
11.23%
Growth Rates
1Year 9.19%
3Years 38.50%
5Years 28.41%
7Years 51.22%
10Years 94.50%
-260 M INVESTING CASH FLOW
-7.70%
Growth Rates
1Year 68.17%
3Years -185.47%
5Years 7.48%
7Years 2.95%
10Years -210.72%
-215 M FINANCING CASH FLOW
34.74%
Growth Rates
1Year -141.22%
3Years -41.51%
5Years -17.42%
7Years -12.42%
10Years -85.82%
Balance Sheet VICI Properties Inc.
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Current Assets 19 B
Cash & Short-Term Investments 525 M
Receivables 18.5 B
Other Current Assets 4.53 M
Non-Current Assets 26.4 B
Long-Term Investments 0
PP&E 0
Other Non-Current Assets 26.4 B
40.67 %58.16 %Total Assets$45.4b
Current Liabilities 680 M
Accounts Payable 0
Short-Term Debt 0
Other Current Liabilities 680 M
Non-Current Liabilities 18.2 B
Long-Term Debt 0
Other Non-Current Liabilities 18.2 B
3.60 %96.40 %Total Liabilities$18.9b
EFFICIENCY
Earnings Waterfall VICI Properties Inc.
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Revenue 3.85 B
Cost Of Revenue 26.9 M
Gross Profit 3.82 B
Operating Expenses 277 M
Operating Income 3.54 B
Other Expenses 824 M
Net Income 2.72 B
4b4b4b4b3b3b3b3b2b2b2b2b1b1b500m500m004b(27m)4b(277m)4b(824m)3bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
99.30% GROSS MARGIN
99.30%
Averages
1Year 99.30%
3Years 98.46%
5Years 97.89%
7Years 96.61%
10Years 81.22%
92.10% OPERATING MARGIN
92.10%
Averages
1Year 92.10%
3Years 83.32%
5Years 89.58%
7Years 89.50%
10Years 69.82%
69.59% NET MARGIN
69.59%
Averages
1Year 69.59%
3Years 60.72%
5Years 64.41%
7Years 63.06%
10Years 47.87%
10.09% ROE
10.09%
Averages
1Year 10.09%
3Years 8.38%
5Years 8.60%
7Years 8.22%
10Years 6.20%
5.90% ROA
5.90%
Averages
1Year 5.90%
3Years 4.86%
5Years 5.11%
7Years 4.90%
10Years 3.81%
7.90% ROIC
7.90%
Averages
1Year 7.90%
3Years 6.74%
5Years 7.21%
7Years 7.03%
10Years 5.09%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis VICI Properties Inc.
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3b3b2b2b2b2b1b1b500m500m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 2.72 B
Depreciation & Amortization 4.12 M
Capital Expenditures 0
Stock-Based Compensation 17.6 M
Change in Working Capital -11.5 M
Others -367 M
Free Cash Flow 2.37 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets VICI Properties Inc.
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Wall Street analysts predict an average 1-year price target for VICI of $35 , with forecasts ranging from a low of $33 to a high of $36 .
VICI Lowest Price Target Wall Street Target
33 USD 0.09%
VICI Average Price Target Wall Street Target
35 USD 6.31%
VICI Highest Price Target Wall Street Target
36 USD 9.19%
Price
Max Price Target
Min Price Target
Average Price Target
36363535343433333232313130302929282827272626Jun '24Jun '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
1.47% DIVIDEND YIELD
0.432 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
1.80001.80001.60001.60001.40001.40001.20001.20001.00001.00000.80000.80000.60000.60000.40000.40000.20000.20000.00000.00000.160.28750.29750.330.360.390.4150.43250.26250.28750.29750.330.360.390.4150.28750.29750.330.360.390.4150.43250.28751.000.29751.170.331.260.361.380.391.500.4151.610.43251.690.432018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership VICI Properties Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
420 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Stock Market Sell Off: 3 No-Brainer Dividend Stocks to Buy If You Want to Get Paid If you are watching the market volatility and worried about the future, you might want to shift the way you look at things. An easy win is to add some dividend-paying stocks to your portfolio so you can pay attention to dividend checks instead of the ups and downs of the S&P 500 index. fool.com - 1 week ago
Don't Put All Of Your REIT Eggs In One Basket Reflecting on past financial losses, I emphasize the importance of diversification to mitigate risks, as exemplified by my own experience with real estate investments. I advocate for a diversified investment portfolio, including REITs, BDCs, MLPs, Preferreds, Asset Managers, and Dividend Aristocrats, to ensure sustained high cash flow. Highlighting eight high-yielding REITs in the S&P 500, I provide insights into their performance, risks, and growth potential, emphasizing the need for diversification within the REIT sector. seekingalpha.com - 1 week ago
Here's How Many Shares of VICI Properties You Should Own to Get $5,000 in Yearly Dividends Investing in dividend stocks is a great way to make a lot of passive income each year. Many high-quality companies pay high-yielding dividends, enabling you to generate more passive income from every dollar you invest. fool.com - 1 week ago
Got $1,000 to Invest Right Now? These Safe High-Yield Dividend Stocks Could Turn It Into More Than $50 of Annual Passive Income. You probably work hard for your money, so  it should work hard on your behalf, making you more money. One way to put your money to work is by investing it in high-quality dividend stocks. fool.com - 1 week ago
VICI Properties: Worth A Bet, But Not [Yet] For Me. I'll Explain Why CPI-linked triple-net leases with >40-year terms drive predictable, inflation-hedged cash flows across VICI's portfolio. Strong tenant quality and master lease structures reduce default risk, even under macro stress. A well-laddered maturity schedule, low refinancing risk, and a well-managed balance sheet support VICI's financial flexibility through rate cycles. seekingalpha.com - 2 weeks ago
2 Great REITs At Big Discount, Magnificent Gain Potential You might prefer to sit at home, but countless others spend millions of dollars each year on experiences. You can collect income from their spending to use as you please. Experiences are a tariff-free income stream. seekingalpha.com - 2 weeks ago
President Trump Hands A Big Gift To REIT Investors President Trump is pushing interest rates to lower levels. The winners are real estate and REIT investors. I highlight some great buy-the-dip opportunities. seekingalpha.com - 2 weeks ago
Undercovered Dozen: VICI Properties, General Dynamics, LandBridge, Anavex + The 'Undercovered' Dozen highlights 12 lesser-covered stocks, offering new investment opportunities and fostering community discussion on their potential. Trinity Capital's stock dip presents a buying opportunity due to its positive interest rate sensitivity, robust dividend, and specialized financing solutions. VICI Properties is a 'Buy' for its stable rental revenues, strong liquidity, and a tariff-proof business model focused on gaming and experiential real estate. seekingalpha.com - 3 weeks ago
5 Reasons to Add VICI Properties to Your Portfolio Right Now With high-quality portfolios, long-term leases and a healthy balance sheet, VICI is poised to ride the growth curve. Its dividend payouts enhance shareholder value. zacks.com - 3 weeks ago
Bargain Yields: 3 Rock-Solid Dividends From 2 REITs And An MLP Markets are volatile, driven by uncertainty. Fake news, tariffs and recession fears fuel swings. Even experts can't call the bottom, so I focus on durable yield. Dividends offer stability when prices crash. Research shows that cash flow eases panic. Safe payouts let me sleep at night while markets figure things out. I prefer high-quality stocks. They may not soar overnight, but steady income beats guessing games. In chaos, dividends are my anchor. seekingalpha.com - 3 weeks ago
Top REITs To Take On Trump Tariffs: Average Yield Over 5.5% Equities rallied on Wednesday after Donald Trump announced a 90-day pause on retaliatory tariffs, excluding China. 10-year Treasury yields have increased high amid fears of sticky inflation. The Federal Reserve has signalled that it will lower interest rates until the impact of tariffs is clearer. Offering dividend yields as high as 8.1% and an average forward dividend yield of 5.7%, SA Quant has identified five income-generating REITs with strong dividend safety characteristics and positive factor. seekingalpha.com - 3 weeks ago
Buying the Dip: 3 Super Safe High-Yield Dividend Stocks I Added to My Retirement Account During the Stock Market Sell-Off. The stock market recently took a big dip, driven down by concerns about how much tariffs will affect the economy. One of the benefits of falling stock prices is that dividend yields move in the opposite direction. fool.com - 3 weeks ago
8. Profile Summary

VICI Properties Inc. VICI

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COUNTRY US
INDUSTRY REIT - Diversified
MARKET CAP $ 34.8 B
Dividend Yield 1.47%
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.
Contact 535 Madison Avenue, New York, NY, 10022 https://www.viciproperties.com
IPO Date Jan. 2, 2018
Employees 27
Officers Ms. Moira McCloskey Senior Vice President of Capital Markets Mr. Jacques Cornet Investor Relations of ICR Inc. Ms. Amanda Schumer Director of People Mr. Gabriel F. Wasserman Senior Vice President, Chief Accounting Officer & MD of V.E.C.S. Mr. Edward Baltazar Pitoniak Chief Executive Officer & Director Mr. David Andrew Kieske Executive Vice President, Chief Financial Officer & Treasurer Mr. Jeremy Waxman Vice President of Accounting & Administration Mr. Benjamin Somogyi Assistant General Counsel & Director of Compliance Mr. John W. R. Payne President & Chief Operating Officer Ms. Samantha Sacks Gallagher J.D. Executive Vice President, General Counsel & Secretary