Latest news with #VICIPropertiesInc
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7 days ago
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VICI Properties Stock: Analyst Estimates & Ratings
New York-based VICI Properties Inc. (VICI) is an experiential real estate investment trust (REIT) that owns one of the largest portfolios of gaming, hospitality, wellness, entertainment, and leisure destinations. Valued at a market cap of $35.1 billion, the company's portfolio features iconic Las Vegas resorts, regional casinos, luxury hotels, entertainment venues, wellness and spa facilities, golf courses, and other experiential properties across the U.S. and Canada. This experiential REIT has underperformed the broader market over the past 52 weeks. Shares of VICI have gained 5.3% over this time frame, while the broader S&P 500 Index ($SPX) has surged 20.1%. Nonetheless, on a YTD basis, the stock is up 12.6%, outpacing SPX's 8.6% return. More News from Barchart 'It Will Be the Biggest Product Ever': Elon Musk Says Tesla's Optimus Robots Will Be Bigger Than Even Robotaxi Dear Archer Aviation Stock Fans, Mark Your Calendars for August 11 This Hidden-Gem AI Stock Has a Major Catalyst Coming on August 11 Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Moreover, zooming in further, VICI has surged past the Real Estate Select Sector SPDR Fund's (XLRE) marginal drop over the past 52 weeks and a 1.4% uptick on a YTD basis. VICI delivered its Q2 results on Jul. 30, and its shares closed up marginally in the following trading session. The company reported quarterly revenue of $1 billion, up 4.6% year-over-year and marginally above the consensus estimates. Higher income from sales-type leases, along with growth in income from lease financing receivables, loans and securities, supported its top-line performance. Additionally, its AFFO of $0.60 per share improved 5.3% from the same period last year, meeting analyst estimates. Looking ahead, VICI raised its fiscal 2025 AFFO per share guidance to a range of $2.35 to $2.37, further bolstering investor confidence. For the current fiscal year, ending in December, analysts expect VICI's FFO to grow 4.4% year over year to $2.36 per share. The company's FFO surprise history is promising. It met or topped the consensus estimates in each of the last four quarters. Among the 21 analysts covering the stock, the consensus rating is a "Strong Buy' which is based on 17 'Strong Buy,' one "Moderate Buy,' and three 'Hold' ratings. This configuration is slightly less bullish than a month ago, with 18 analysts suggesting a 'Strong Buy' rating. On Aug. 1, Truist Financial Corporation (TFC) analyst Barry Jonas maintained a "Buy" rating on VICI and set a price target of $38, indicating a 15.5% potential upside from the current levels. The mean price target of $36.55 represents an 11.1% premium from VICI's current price levels, while the Street-high price target of $44 suggests a notable upside potential of 33.7%. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-07-2025
- Business
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VICI Properties Inc. (VICI) Q2 FFO Match Estimates
VICI Properties Inc. (VICI) came out with quarterly funds from operations (FFO) of $0.6 per share, in line with the Zacks Consensus Estimate . This compares to FFO of $0.57 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this company would post FFO of $0.58 per share when it actually produced FFO of $0.58, delivering no surprise. Over the last four quarters, the company has surpassed consensus FFO estimates just once. VICI Properties, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $1 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.53%. This compares to year-ago revenues of $957 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call. VICI Properties shares have added about 12.5% since the beginning of the year versus the S&P 500's gain of 8.3%. What's Next for VICI Properties? While VICI Properties has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions. Ahead of this earnings release, the estimate revisions trend for VICI Properties was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus FFO estimate is $0.60 on $997.1 million in revenues for the coming quarter and $2.38 on $3.99 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the top 34% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. SBA Communications (SBAC), another stock in the same industry, has yet to report results for the quarter ended June 2025. The results are expected to be released on August 4. This communications tower operator is expected to post quarterly earnings of $3.12 per share in its upcoming report, which represents a year-over-year change of -5.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. SBA Communications' revenues are expected to be $670.06 million, up 1.5% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report VICI Properties Inc. (VICI) : Free Stock Analysis Report SBA Communications Corporation (SBAC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
26-06-2025
- Business
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Should You Invest in VICI Properties (VICI) Based on Bullish Wall Street Views?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about VICI Properties Inc. (VICI). VICI Properties currently has an average brokerage recommendation (ABR) of 1.32, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 22 brokerage firms. An ABR of 1.32 approximates between Strong Buy and Buy. Of the 22 recommendations that derive the current ABR, 18 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 81.8% and 4.6% of all recommendations. Check price target & stock forecast for VICI Properties here>>> The ABR suggests buying VICI Properties, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation. Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations. This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements. Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision. In spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures. The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them. In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research. Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns. Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements. Looking at the earnings estimate revisions for VICI Properties, the Zacks Consensus Estimate for the current year has increased 0.2% over the past month to $2.35. Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason for the stock to soar in the near term. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #2 (Buy) for VICI Properties. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Therefore, the Buy-equivalent ABR for VICI Properties may serve as a useful guide for investors. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report VICI Properties Inc. (VICI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
14-06-2025
- Business
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Here's Why VICI Properties Inc. (VICI) Fell More Than Broader Market
VICI Properties Inc. (VICI) ended the recent trading session at $32.12, demonstrating a -1.44% change from the preceding day's closing price. This change lagged the S&P 500's daily loss of 1.13%. Elsewhere, the Dow saw a downswing of 1.79%, while the tech-heavy Nasdaq depreciated by 1.3%. Prior to today's trading, shares of the company had gained 3.04% outpaced the Finance sector's gain of 1.24% and lagged the S&P 500's gain of 3.55%. Analysts and investors alike will be keeping a close eye on the performance of VICI Properties Inc. in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.59, marking a 3.51% rise compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $995.46 million, up 4.02% from the prior-year quarter. For the full year, the Zacks Consensus Estimates project earnings of $2.34 per share and a revenue of $3.98 billion, demonstrating changes of +3.54% and +3.5%, respectively, from the preceding year. Any recent changes to analyst estimates for VICI Properties Inc. should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability. Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 0.17% rise in the Zacks Consensus EPS estimate. VICI Properties Inc. presently features a Zacks Rank of #2 (Buy). Investors should also note VICI Properties Inc.'s current valuation metrics, including its Forward P/E ratio of 13.9. For comparison, its industry has an average Forward P/E of 11.8, which means VICI Properties Inc. is trading at a premium to the group. We can also see that VICI currently has a PEG ratio of 3.03. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the REIT and Equity Trust - Other industry was having an average PEG ratio of 2.53. The REIT and Equity Trust - Other industry is part of the Finance sector. With its current Zacks Industry Rank of 135, this industry ranks in the bottom 46% of all industries, numbering over 250. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report VICI Properties Inc. (VICI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
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13-06-2025
- Business
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O vs. VICI: Which Net Lease REIT Offers Safer Income in 2025?
Net lease REITs, which lease properties under agreements where tenants are responsible for property taxes, insurance and maintenance, appeal to income-focused investors due to their predictable cash flows. Two standout players in this space are Realty Income Corporation O and VICI Properties Inc. VICI. Both boast strong tenant relationships, investment-grade credit profiles and growing portfolios. Yet, their strategies, sector exposure and long-term reliability differ. In an environment fraught with tariff uncertainty, fiscal concerns and volatile markets, a reliable dividend stream continues to attract income-focused investors, and therefore, we examine which REIT offers safer income in 2025 by evaluating their portfolios, tenant bases, lease structures and financial strength. Realty Income, widely known as 'The Monthly Dividend Company,' has built a reputation for consistency, boasting 131 dividend hikes since its NYSE listing in 1994, 30 consecutive years of dividend growth and 111 straight quarterly increases, underscoring its resilience. This consistency is anchored by a globally diversified portfolio of 15,627 properties across 50 U.S. states and other international markets, leased to tenants in 91 different industries. A staggering 91% of its retail rent comes from non-discretionary, service-based tenants such as dollar stores, grocery chains and convenience stores — sectors that tend to hold up well in company's strength lies in its scale and diversification. Its focus on single-tenant, freestanding properties under long-term net leases has resulted in a historical median occupancy rate of 98.2%. Realty Income has also expanded into high-growth areas like data centers and gaming, with recent transactions including Encore Boston Harbor and a partnership with Digital Realty. It expects full-year investments to total around $4 billion. With a global net lease addressable market estimated at $14 trillion, long-term growth potential remains the REIT maintains $2.9 billion in liquidity, investment-grade ratings (A-/A3) and a well-laddered debt maturity profile. With a fixed charge coverage ratio of 4.7 and net debt/EBITDAre at 5.4, its balance sheet provides flexibility for future growth. However, retail exposure poses some risk from bankruptcies or trade disruptions. Additionally, interest rate sensitivity and elevated leverage ($27.6 billion in debt) remain key concerns in a high-rate environment. Its interest expenses were up 11.5% year over year to $268.4 million in the first quarter of 2025. VICI Properties is a leading experiential net lease REIT with a portfolio of 93 properties, including Caesars Palace, MGM Grand and the Venetian Resort in Las Vegas. It specializes in mission-critical assets in gaming, hospitality and entertainment, with properties located in 26 U.S. states and one Canadian province. These assets are under long-term triple-net leases with initial terms ranging from 15 to 32 years and extension options pushing average lease terms to more than 40 makes VICI especially compelling is its 100% occupancy rate and the mission-critical nature of its assets — tenants cannot easily relocate without incurring significant costs or regulatory hurdles. About 74% of rent roll comes from S&P 500 tenants, underscoring the creditworthiness and transparency of its income stream. Furthermore, 42% of leases are CPI-linked in 2025, set to rise to 90% by 2035, providing built-in inflation concentration risks from major tenants like Caesars and MGM, VICI is actively diversifying beyond gaming. Acquisitions of experiential assets such as Bowlero and Chelsea Piers, alongside a $300 million strategic loan tied to One Beverly Hills, show its capability to deploy capital across stable, non-gaming segments. VICI also holds an investment-grade rating from all three major agencies and maintains $3.2 billion in liquidity with a targeted net leverage ratio of a 7.4% CAGR in dividends since 2018 and a strong commitment to returning 75% of AFFO to shareholders, VICI offers a secure and growing income stream. The Zacks Consensus Estimate for Realty Income's 2025 sales and funds from operations (FFO) per share implies year-over-year growth of 6.48% and 2.15%, respectively. Also, FFO per share estimates for 2025 and 2026 have been revised marginally northward over the past 30 days. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)For Realty Income: Image Source: Zacks Investment Research The Zacks Consensus Estimate for VICI Properties' 2025 sales and FFO per share implies year-over-year growth of 3.5% and 3.54%, respectively. What is also encouraging is that FFO per share estimates for 2025 and 2026 have been trending northward over the past 60 days. For VICI Properties: Image Source: Zacks Investment Research Year to date, Realty Income shares have risen 8.1%, while VICI Properties stock has gained 11.2%. In comparison, the S&P 500 composite has risen 1.8% in the same time frame. Image Source: Zacks Investment Research O is trading at a forward 12-month price-to-FFO, which is a commonly used multiple for valuing REITs, of 13.30X, ahead of its one-year median of 13.14X. Meanwhile, VICI is presently trading at a forward 12-month price-to-FFO of 13.63X, which is closer to its one-year median of 13.60X. O carries a Value Score of D, while VICI has a Value Score of C. Image Source: Zacks Investment Research While Realty Income remains a stalwart in the net lease space with unmatched scale and reliability, VICI Properties offers a superior income safety profile in 2025. Its longer lease durations, mission-critical assets, inflation-protected rent escalators, and highly creditworthy tenant base give it the edge. Moreover, VICI's strategic diversification beyond gaming and strategic capital deployment further reduces risk. For investors seeking a potentially growing income stream amid macroeconomic uncertainties, VICI Properties stands out as the better net lease REIT VICI carries a Zacks Rank #2 (Buy), O has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks Anything related to earnings presented in this write-up represent funds from operations (FFO) — a widely used metric to gauge the performance of REITs. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Realty Income Corporation (O) : Free Stock Analysis Report VICI Properties Inc. (VICI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
