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VICI Properties Inc.

VICI · NYQ
$23.70-1.17%
52W Low: $23.7052W High: $33.01
Current: $23.70  ·  0% of 52-week range
Real EstateREIT - DiversifiedNYQ
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VICI Properties Inc. (VICI) is a real estate company in the reit - diversified industry with $4.10B in trailing revenue trading at a 9.3× trailing P/E — analyst consensus: buy.

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.

Key Statistics

Market Cap$26.10B
Revenue (TTM)$4.10B
EPS (TTM)$2.55
EPS (Fwd est.)$2.99
Employees28
Trailing P/E9.29
Forward P/E7.93
Price / Sales6.37
Price / Book0.89
EV / EBITDA12.11
Beta (5Y)0.68

Analyst Consensus

Consensus
Buy
Analyst Price Target
+35.7% upside
Target: $32.17

Annual Revenue & Net Income

RevenueNet Income
'22
$2.60B
$1.12B
'23
$3.61B
$2.51B
'24
$3.85B
$2.68B
'25
$4.01B
$2.78B

Earnings History


QuarterActual EPSEstimateResult
Jul 2026
$0.48
$0.71Miss (-31.8%)
Apr 2026
$0.82
$0.71Beat (+15.0%)
Feb 2026
$0.57
$0.70Miss (-19.1%)
Oct 2025
$0.71
$0.69Beat (+3.4%)

Next Earnings Report

VICI Properties Inc. is next expected to report earnings on 29 Oct 2026.

Profitability

99.3%
70.2%
67.5%
Gross
Margin
Operating
Margin
Net
Margin
Revenue Growth (YoY)5.7%
Return on Equity9.8%
Return on Assets4.8%

Balance Sheet

Cash & Equivalents$300.00M
Total Debt$17.84B
Net Position$17.54B (net debt)
Free Cash Flow (TTM)$270.00M
Debt / Equity60.28

Share Ownership

Institutions 98.4%
Insiders 0.3%
Public 1.3%

Dividend

Annual Rate
$1.84
Yield
7.67%
Payout Ratio
69.8%
Ex-Dividend Date
17 Sep 2026
5Y Avg Yield
5.28%

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Frequently Asked Questions

What does VICI Properties Inc. (VICI) do?
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 a…
What is VICI's market cap?
VICI Properties Inc. has a market capitalization of approximately $26.10B.
What is VICI's P/E ratio?
VICI Properties Inc. trades at a trailing P/E ratio of 9.3x and a forward P/E of 7.9x, which is below the broad market average of ~25x.
How much revenue does VICI generate?
VICI Properties Inc. generated $4.10B in trailing 12-month revenue.
What do analysts say about VICI?
The analyst consensus rating for VICI Properties Inc. is buy, with a mean price target of $32.17. That implies +35.7% upside from the current price.
When does VICI report earnings?
VICI Properties Inc. is next scheduled to report earnings on 29 Oct 2026.
Does VICI pay a dividend?
Yes. VICI Properties Inc. pays a dividend with a current yield of 7.67%, at an annual rate of $1.84 per share.

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