VICI · VICI Properties Inc

NYSE Real Estate Large Cap Clavix A-
25.55−0.10  (−0.39%)

Price

Snapshot

50 fields · last close
Market Cap$29.28B
P/E10.20
Float1.10B
Beta0.67
Volatility16.9%
ExchangeNYSE
SectorReal Estate
Cap tierLarge cap
Macro sensitivityModerate
Clavix score83
Price25.55
Change−0.39%
Prev Close25.65
Open25.80
Day Low25.34
Day High25.93
Avg Vol8
Avg $ Vol$213.0M
52W High33.83
52W Low25.36
52W Pos2.2%
From High−24.48%
From Low+0.75%
Max DD 1Y−23.99%
Spread0.10%
LiquidityNormal
SMA 20−2.11%
SMA 50−3.24%
SMA 200−8.36%
RSI (14)40.5
Vol 30D17.9%
Vol 90D21.6%
1Y Range25–34
Daily bars506
Perf Week−0.47%
Perf Month−2.84%
Perf Quarter−5.73%
Perf Half Y−13.61%
Perf Year−23.20%
Perf YTD−9.24%
Prev Day−0.39%
ClavixA-
Debt / Eq0.63
Curr Ratio0.67
Int Cover4.4×
FCF Margin48.5%
Rev Growth+5.7%
ProfitProfitable
LeverageLow
Sector rank25 / 48

What VICI does

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 93 experiential assets across a geographically diverse portfolio consisting of 54 gaming properties and 39 other experiential properties across the United States and Canada.

The portfolio is comprised of approximately 127 million square feet and features approximately 60,300 hotel rooms and over 500 restaurants, bars, nightclubs and sportsbooks.

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 developers and operators in other experiential sectors, including Cabot, Cain, Canyon Ranch, Chelsea Piers, 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 incorporated in 2016 and is based in New York, United States.

Clavix risk grade

regraded every trading day
A-83/100

VICI grades A-, 83 of 100. Steadiest on Price Stability (69), most exposed on Sector Resilience (60, mixed). 2 of the 4 weighted dimensions sit above the Real Estate median. Ranks 25 of 48 in Real Estate by Clavix score.

PriceMacroSectorNewsFinancial

How rough the ride is

VICIReal Estate median
Betavs the overall market · lower is steadier0.670.96
Volatilityannualized16.9%24.2%
Max drawdown, past yearworst peak-to-trough fall−24.0%
Typical daily movemedian absolute daily change0.70%
Days beyond ±3%of the last 252 sessions62%

How its days are spread

Daily returns over the last 252 sessions in 1% bins. Moves beyond ±6% land in the end bins.

52-week range

VICI
25.65

The bar runs from the lowest to the highest close of the last 252 sessions; the marker is the latest close.

Drawdown from the 1-year peak

VICI

Percent below the running high over the last 12 months. Zero is a fresh high.

Market sensitivity

VICIReal Estate median
Beta to the markethow much it swings with the S&P 500 · lower is safer0.670.96
Macro sensitivityrate, dollar and credit exposure bucketModerateModerate71% of 52

Where it sits on the macro scale

Low 1Moderate 37High 10Very High 4

Low means rates, the dollar and credit spreads barely move it. Very High means they drive a large share of its swings. The counts are how many Real Estate names sit in each bucket.

Where it ranks in its sector

Sector
Real Estate48 companies ranked
VICI
#25 of 48

Rank by Clavix score within the sector. Right is the top of the sector.

Price performance

VICI
1 week−0.5%
1 month−2.8%
Year to date−9.2%
1 year−23.2%

Context for the rank, not itself a risk measure.

Recent coverage, scored

VICI
Articles scoredthe most recent scored coverage, up to 3030since 27 Jul
Average score0 most bearish, 100 most bullish62
Bullish · bearisharticles above 60 · below 4019 · 1
Directionarticles whose tone is improving vs worsening19 ↑ 1 ↓

Where the article scores land

Each bar is a 10-point band of article scores. Below 40 reads bearish, above 60 bullish.

Balance sheet, against the sector

Debt / equityTotal debt vs shareholder equity · lower is stronger
0.63sector median 0.92 · 52 names
Current ratioShort-term assets vs liabilities · higher is stronger
0.67sector median 0.57 · 52 names
FCF marginFree cash flow as a share of revenue · higher is stronger
48.5%sector median 18.8% · 44 names
Interest coverageOperating income vs interest expense · higher is stronger
4.4×sector median 3.4× · 48 names

The shaded band is the middle half of the 52 Real Estate names Clavix covers; the tick is the sector median.

Growth

VICI
Revenue growthyear over year+5.7%

Financial Health is shown but does not count toward the grade. Why

0–100, higher is safer. The tick on each bar is the Real Estate median. Click a dimension for the evidence behind it. Financial Health is shown but does not count toward the grade.

Against Real Estate

52 companies
MetricVICISector spreadMedian
Beta0.67
0.96
Volatility16.9%
24.2%
P/E10.20
27.68
Debt / equity0.63
0.92
Current ratio0.67
0.57
FCF margin48.5%
18.8%
Interest coverage4.4×
3.4×

Recent news

most recent scored articles · the chip is the article’s score · click to open

VICI Properties, a real estate company that owns properties leased to tenants who cover most property costs, is expected to announce a higher quarterly dividend this week or next. The article says the company has several drivers for continued growth in cash profits per share and that its debt level has fallen below its target range, giving it more flexibility.

Source Seeking Alpha Significance minor Impact financial impact Risk improving

Read the article →

An analyst gave VICI Properties a Sell (D+) rating, pointing out that the company's blended cost of funding (8%) exceeds the income yield on its recent acquisitions (7.5%), so each new deal currently reduces shareholder value. The analyst also flagged that built-in annual rent increases on existing properties of 2.2-2.5% will not keep up with rising interest costs on more than $17 billion in debt that will need refinancing.

Source Seeking Alpha Significance minor Impact financial impact Risk worsening

Read the article →

An analyst upgraded VICI Properties to a 'Strong Buy' rating, citing a 9.3x forward P/FFO (price-to-funds-from-operations, a REIT earnings metric) valuation and a 6.9% dividend yield. The analyst highlighted VICI's long-term triple-net leases (where tenants pay rent plus all property expenses), inflation-linked rent increases, and parent company guarantees as supports for rental income.

Source Seeking Alpha Significance minor Impact financial impact Risk improving

Read the article →

The article discusses two casino REITs and argues that the seemingly safer pick may actually be riskier, while trophy casino assets deserve a premium. The full body of the article was not provided, so specific details and conclusions are not available.

Source Seeking Alpha Significance minor Impact sector Risk improving

Read the article →

Growth is tied to new tenant partnerships, geographic expansion, and acquisitions, supporting a projected 5% annual rise in FFO (cash earnings) and dividends.

Source Seeking Alpha Significance minor Impact financial impact Risk improving

Read the article →

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