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VICI Properties Inc. (VICI)

24.19 +0.66 (+2.83%)
As of 10:04:54 AM EDT. Market Open.
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VICI Properties delivered 5.8% year-over-year revenue growthand raised 2026 adjusted funds from operations guidance after its third-quarter report. Management also increased the dividend, authorized a $2 billion share repurchase, refinanced debt, and announced a proposed Alberta racino lease. Valuation models point to potential upside, while tenant concentration and leverage remain central risks.

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  • Previous Close 23.52
  • Open 24.15
  • Bid 24.34 x 40000
  • Ask 24.35 x 10000
  • Day's Range 24.06 - 24.47
  • 52 Week Range 22.42 - 30.83
  • Volume 2,020,848
  • Avg. Volume 10,101,709
  • Market Cap (intraday) 26.63B
  • Beta (5Y Monthly) 0.67
  • PE Ratio (TTM) 9.41
  • EPS (TTM) 2.57
  • Earnings Date Oct 28, 2026
  • Forward Dividend & Yield 1.84 (7.66%)
  • 1y Target Est 31.12
  • Zacks Rating Bullish

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. VICI Properties owns 103 experiential assets across a geographically diverse portfolio consisting of 63 gaming properties and 40 other experiential properties across the United States and Canada. The portfolio is comprised of approximately 130 million square feet and features approximately 66,000 hotel rooms and over 700 restaurants, bars, nightclubs and sports books. Its properties are occupied by industry-leading gaming, leisure and hospitality operators under long-term, triple-net lease agreements. VICI Properties has a growing array of real estate and financing partnerships with leading operators in other experiential sectors, including Cabot, Cain, Canyon Ranch, Chelsea Piers, Club Med, Great Wolf Resorts, Homefield, Kalahari Resorts and Lucky Strike Entertainment. VICI Properties also owns four championship golf courses and approximately 33 acres of undeveloped and underdeveloped land adjacent to the Las Vegas Strip. VICI Properties' goal is to create the highest quality and most productive experiential real estate portfolio through a strategy of partnering with the highest quality experiential place makers and operators. VICI Properties Inc. was established on July 05, 2016, and is based in New York, United States. VICI Properties Inc. was incorporated in Maryland.

www.viciproperties.com

28

Full Time Employees

December 31

Fiscal Year Ends

Real Estate

Sector

Recent News

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Performance Overview

Trailing total returns as of 10/29/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

VICI
9.43%
S&P 500 (^GSPC)
12.81%

1-Year Return

VICI
12.86%
S&P 500 (^GSPC)
12.07%

3-Year Return

VICI
5.70%
S&P 500 (^GSPC)
87.56%

5-Year Return

VICI
8.80%
S&P 500 (^GSPC)
67.68%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 1.07B
Earnings 342.53M
Profit Margin 32.15%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
200M
400M
600M
800M
1B
40.0%
50.0%
60.0%
70.0%
80.0%

Analyst Insights

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Analyst Price Targets

24.00
31.12 Average
24.18 Current
37.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/29/2026
Analyst Stifel
Rating Action Maintains
Rating Buy
Price Action Lowers
Price Target 34 -> 30.75

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    67.50%

  • Return on Assets (ttm)

    4.82%

  • Return on Equity (ttm)

    9.85%

  • Revenue (ttm)

    4.1B

  • Net Income Avi to Common (ttm)

    2.77B

  • Diluted EPS (ttm)

    2.57

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    300.95M

  • Total Debt/Equity (mrq)

    60.28%

  • Levered Free Cash Flow (ttm)

    267.03M

Company Insights

Research Reports

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