Symbols / VICI Stock $27.10 -0.68% VICI Properties Inc.

Real Estate • REIT - Diversified • United States • NYQ
VICI (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Real Estate
Industry REIT - Diversified
CEO Mr. Edward Baltazar Pitoniak
Exch · Country NYQ · United States
Market Cap 29.18B
Enterprise Value 46.81B
Income 3.10B
Sales 4.04B
FCF (ttm) 1.29B
Book/sh 26.37
Cash/sh 0.46
Employees 28
Insider 10d —
IPO Jan 02, 2018
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 61.04%
P/E 9.28
Forward P/E 9.23
PEG —
P/S 7.22
P/B 1.03
P/C —
EV/EBITDA 11.73
EV/Sales 11.59
Quick Ratio 11.12
Current Ratio 11.12
Debt/Eq 61.85
LT Debt/Eq —
EPS (ttm) 2.92
EPS next Y 2.94
EPS Growth 60.10%
Revenue Growth 3.50%
EPS Gr Q/Q 60.50%
Rev Gr Q/Q —
Earnings (next) 2026-07-29
Earnings (prior) 2026-04-29
ROA 5.38%
ROE 11.33%
ROIC —
Gross Margin 99.14%
Oper. Margin 107.49%
Profit Margin 76.83%
Shs Outstand 1.08B
Shs Float 1.06B
Insider Own 0.29%
Instit Own 98.01%
Short Float 3.10%
Short Ratio 3.68
Short Interest 28.74M
52W High 34.01
vs 52W High -20.33%
52W Low 26.55
vs 52W Low 2.05%
Beta 0.70
Impl. Vol. 28.42%
Rel Volume 0.46
Avg Volume 8.41M
Volume 3.87M
Target (mean) $34.17
Tgt Median $34.00
Tgt Low $29.00
Tgt High $39.00
# Analysts 23
Recom Buy
Prev Close $27.28
Price $27.09
Change -0.68%
About

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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$34.17
Mean price target
2. Current target
$27.09
Latest analyst target
3. DCF / Fair value
$21.49
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$27.09
Low
$29.00
High
$39.00
Mean
$34.17

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-12 main Scotiabank Sector Perform → Sector Perform $32
2026-04-21 main Barclays Overweight → Overweight $34
2026-03-11 down Mizuho Outperform → Neutral $30
2026-03-02 main Baird Outperform → Outperform $34
2026-02-02 down Scotiabank Sector Outperform → Sector Perform $30
2025-12-17 main Mizuho Outperform → Outperform $30
2025-12-03 main Barclays Overweight → Overweight $33
2025-12-01 down Evercore ISI Group Outperform → In-Line $32
2025-11-28 main Goldman Sachs Buy → Buy $34
2025-11-18 down Wells Fargo Overweight → Equal-Weight $32
2025-11-06 main Cantor Fitzgerald Overweight → Overweight $35
2025-10-31 main Stifel Buy → Buy $34
2025-10-31 main Evercore ISI Group Outperform → Outperform $36
2025-10-20 main Barclays Overweight → Overweight $37
2025-10-01 init Cantor Fitzgerald — → Overweight $37
2025-09-15 main Evercore ISI Group Outperform → Outperform $38
2025-09-11 main Mizuho Outperform → Outperform $35
2025-09-10 main JP Morgan Overweight → Overweight $38
2025-08-28 main Scotiabank Sector Outperform → Sector Outperform $36
2025-08-27 main Wells Fargo Overweight → Overweight $36
News
RSS: Latest VICI news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-28 DOUGLAS MONICA HOWARD Director — 7,546 $0.00 $0
2026-04-28 RUMBOLZ MICHAEL D Director — 7,546 $0.00 $0
2026-04-28 MACNAB CRAIG Director — 7,546 $0.00 $0
2026-04-28 HOLLAND ELIZABETH I Director — 7,546 $0.00 $0
2026-04-28 ABRAHAMSON JAMES R Director — 7,546 $0.00 $0
2026-04-28 CANTOR DIANA F Director — 7,546 $0.00 $0
2026-04-01 DOUGLAS MONICA HOWARD Director — 151 $0.00 $0
2026-04-01 RUMBOLZ MICHAEL D Director — 320 $0.00 $0
2026-04-01 MACNAB CRAIG Director — 412 $0.00 $0
2026-04-01 HOLLAND ELIZABETH I Director — 247 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
4,006.12
+4.08%
3,849.20
+6.57%
3,611.99
+38.89%
2,600.70
Operating Revenue
3,928.64
+4.16%
3,771.78
+6.59%
3,538.66
+39.26%
2,541.07
Cost Of Revenue
26.73
-0.61%
26.89
-0.72%
27.09
+19.85%
22.60
Reconciled Cost Of Revenue
26.73
-0.61%
26.89
-0.72%
27.09
+19.85%
22.60
Gross Profit
3,979.39
+4.11%
3,822.31
+6.62%
3,584.90
+39.05%
2,578.09
Operating Expense
324.08
+16.84%
277.38
+15.55%
240.05
-74.62%
945.64
Selling General And Administration
65.08
-5.83%
69.11
+15.95%
59.60
+23.30%
48.34
General And Administrative Expense
65.08
-5.83%
69.11
+15.95%
59.60
+23.30%
48.34
Other Gand A
65.08
-5.83%
69.11
+15.95%
59.60
+23.30%
48.34
Other Operating Expenses
77.48
+0.07%
77.42
+5.59%
73.33
+22.97%
59.63
Total Expenses
350.81
+15.30%
304.27
+13.90%
267.14
-72.41%
968.25
Operating Income
3,655.30
+3.11%
3,544.93
+5.98%
3,344.85
+104.90%
1,632.45
EBITDA
3,668.23
+3.01%
3,561.17
+5.65%
3,370.84
+100.37%
1,682.28
Normalized EBITDA
3,675.96
+3.09%
3,565.74
+5.53%
3,378.85
+98.18%
1,704.93
Reconciled Depreciation
3.64
-11.83%
4.12
-4.03%
4.30
+35.07%
3.18
EBIT
3,664.59
+3.02%
3,557.04
+5.66%
3,366.54
+100.50%
1,679.10
Total Unusual Items
-7.73
-69.24%
-4.57
+43.03%
-8.02
+64.61%
-22.65
Total Unusual Items Excluding Goodwill
-7.73
-69.24%
-4.57
+43.03%
-8.02
+64.61%
-22.65
Special Income Charges
-7.73
-69.24%
-4.57
+43.03%
-8.02
+64.61%
-22.65
Other Special Charges
—
—
—
—
Restructuring And Mergern Acquisition
7.73
+69.24%
4.57
-43.03%
8.02
-64.61%
22.65
Net Income
2,775.49
+3.61%
2,678.81
+6.58%
2,513.54
+124.90%
1,117.63
Pretax Income
2,820.98
+3.30%
2,730.95
+7.16%
2,548.48
+123.72%
1,139.14
Net Non Operating Interest Income Expense
-829.25
-2.38%
-810.00
-2.00%
-794.09
-49.71%
-530.42
Interest Expense Non Operating
843.61
+2.12%
826.10
+0.98%
818.06
+51.51%
539.95
Net Interest Income
-829.25
-2.38%
-810.00
-2.00%
-794.09
-49.71%
-530.42
Interest Expense
843.61
+2.12%
826.10
+0.98%
818.06
+51.51%
539.95
Interest Income Non Operating
14.36
-10.76%
16.09
-32.85%
23.97
+151.52%
9.53
Interest Income
14.36
-10.76%
16.09
-32.85%
23.97
+151.52%
9.53
Other Income Expense
-5.07
-27.22%
-3.99
-74.75%
-2.28
-106.15%
37.12
Other Non Operating Income Expenses
2.66
+357.49%
0.58
-86.96%
4.46
—
Tax Provision
2.44
-74.91%
9.70
+258.02%
-6.14
-313.53%
2.88
Tax Rate For Calcs
0.00
-75.00%
0.00
-98.10%
0.00
+6900.00%
0.00
Tax Effect Of Unusual Items
-0.01
+57.69%
-0.02
+98.91%
-1.68
-2377.33%
-0.07
Net Income Including Noncontrolling Interests
2,818.54
+3.58%
2,721.24
+6.52%
2,554.62
+124.83%
1,136.27
Net Income From Continuing Operation Net Minority Interest
2,775.49
+3.61%
2,678.81
+6.58%
2,513.54
+124.90%
1,117.63
Net Income From Continuing And Discontinued Operation
2,775.49
+3.61%
2,678.81
+6.58%
2,513.54
+124.90%
1,117.63
Net Income Continuous Operations
2,818.54
+3.58%
2,721.24
+6.52%
2,554.62
+124.83%
1,136.27
Minority Interests
-43.05
-1.46%
-42.43
-3.29%
-41.08
-120.49%
-18.63
Normalized Income
2,783.21
+3.72%
2,683.36
+6.49%
2,519.87
+121.00%
1,140.22
Net Income Common Stockholders
2,775.49
+3.61%
2,678.81
+6.58%
2,513.54
+124.90%
1,117.63
Diluted EPS
2.61
+1.95%
2.56
+3.64%
2.47
+94.49%
1.27
Basic EPS
2.61
+1.95%
2.56
+3.23%
2.48
+95.28%
1.27
Basic Average Shares
1,062.01
+1.46%
1,046.74
+3.18%
1,014.51
+15.61%
877.51
Diluted Average Shares
1,062.69
+1.43%
1,047.68
+3.14%
1,015.78
+15.47%
879.68
Diluted NI Availto Com Stockholders
2,775.49
+3.61%
2,678.81
+6.58%
2,513.54
+124.90%
1,117.63
Depreciation Amortization Depletion Income Statement
3.64
-11.83%
4.12
-4.03%
4.30
+35.07%
3.18
Depreciation And Amortization In Income Statement
3.64
-11.83%
4.12
-4.03%
4.30
+35.07%
3.18
Depreciation Income Statement
3.64
-11.83%
4.12
-4.03%
4.30
+35.07%
3.18
Earnings From Equity Interest
0.00
0.00
-100.00%
1.28
-97.86%
59.77
Provision For Doubtful Accounts
177.89
+40.38%
126.72
+23.24%
102.82
-87.68%
834.49
Line Item Trend 2023-12-31
Total Assets
44,059.84
Current Assets
18,763.65
Cash Cash Equivalents And Short Term Investments
522.57
Cash And Cash Equivalents
522.57
Other Short Term Investments
0.00
Receivables
18,236.35
Accounts Receivable
6.24
Other Receivables
18,220.76
Accrued Interest Receivable
9.35
Loans Receivable
—
Prepaid Assets
4.73
Total Non Current Assets
25,296.19
Net PPE
952.62
Gross PPE
974.29
Accumulated Depreciation
-21.67
Properties
0.00
Land And Improvements
60.46
Buildings And Improvements
15.73
Machinery Furniture Equipment
12.43
Other Properties
885.67
Investments And Advances
0.00
Long Term Equity Investment
0.00
Non Current Deferred Assets
30.84
Non Current Deferred Taxes Assets
9.42
Other Non Current Assets
0.33
Total Liabilities Net Minority Interest
18,402.07
Current Liabilities
664.84
Payables And Accrued Expenses
664.84
Payables
437.60
Dividends Payable
437.60
Current Accrued Expenses
227.24
Total Non Current Liabilities Net Minority Interest
17,737.23
Long Term Debt And Capital Lease Obligation
17,628.52
Long Term Debt
16,724.12
Long Term Capital Lease Obligation
904.40
Long Term Provisions
19.13
Non Current Deferred Liabilities
78.11
Non Current Deferred Taxes Liabilities
4.51
Other Non Current Liabilities
0.25
Stockholders Equity
25,255.93
Common Stock Equity
25,255.93
Capital Stock
10.43
Common Stock
10.43
Preferred Stock
0.00
Share Issued
1,042.70
Ordinary Shares Number
1,042.70
Treasury Shares Number
0.00
Additional Paid In Capital
24,125.87
Retained Earnings
965.76
Gains Losses Not Affecting Retained Earnings
153.87
Minority Interest
401.84
Other Equity Adjustments
153.87
Total Equity Gross Minority Interest
25,657.77
Total Capitalization
41,980.06
Working Capital
18,098.81
Invested Capital
41,980.06
Total Debt
17,628.52
Net Debt
16,201.55
Capital Lease Obligations
904.40
Net Tangible Assets
25,255.93
Tangible Book Value
25,255.93
Derivative Product Liabilities
11.22
Financial Assets
1.56
Investment Properties
23,166.66
Investments In Other Ventures Under Equity Method
0.00
Investmentsin Associatesat Cost
—
Line Of Credit
—
Non Current Note Receivables
1,144.18
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
2,509.99
+5.40%
2,381.50
+9.19%
2,181.01
+12.23%
1,943.40
Cash Flow From Continuing Operating Activities
2,509.99
+5.40%
2,381.50
+9.19%
2,181.01
+12.23%
1,943.40
Net Income From Continuing Operations
2,818.54
+3.58%
2,721.24
+6.52%
2,554.62
+124.83%
1,136.27
Depreciation Amortization Depletion
3.64
-11.83%
4.12
-4.03%
4.30
+35.07%
3.18
Depreciation
3.64
-11.83%
4.12
-4.03%
4.30
+35.07%
3.18
Depreciation And Amortization
3.64
-11.83%
4.12
-4.03%
4.30
+35.07%
3.18
Other Non Cash Items
-515.53
-6.95%
-482.02
-1.73%
-473.82
-398.66%
-95.02
Stock Based Compensation
16.20
-7.52%
17.51
+12.71%
15.54
+19.64%
12.99
Provisionand Write Offof Assets
177.89
+40.38%
126.72
+23.24%
102.82
-87.68%
834.49
Deferred Tax
-1.74
-132.05%
5.44
+152.17%
-10.43
0.00
Deferred Income Tax
-1.74
-132.05%
5.44
+152.17%
-10.43
0.00
Operating Gains Losses
—
—
-1.28
+97.86%
-59.77
Change In Working Capital
11.00
+195.47%
-11.52
+17.81%
-14.02
-130.18%
46.45
Change In Payables And Accrued Expense
12.99
+196.60%
-13.44
-15.44%
-11.64
-122.28%
52.26
Change In Accrued Expense
12.99
+196.60%
-13.44
-15.44%
-11.64
-122.28%
52.26
Change In Other Current Assets
-0.44
-112.86%
3.43
-33.10%
5.12
+190.32%
-5.67
Change In Other Current Liabilities
-1.55
-2.79%
-1.50
+79.92%
-7.50
-5178.87%
-0.14
Investing Cash Flow
-904.77
+1.95%
-922.78
+68.17%
-2,899.09
+68.84%
-9,304.01
Cash Flow From Continuing Investing Activities
-904.77
+1.95%
-922.78
+68.17%
-2,899.09
+68.84%
-9,304.01
Net PPE Purchase And Sale
-1.33
+82.26%
-7.53
-86.52%
-4.04
-115.09%
-1.88
Purchase Of PPE
-1.33
+82.26%
-7.53
-86.52%
-4.04
-115.09%
-1.88
Capital Expenditure
-1.33
+82.26%
-7.53
-86.52%
-4.04
-115.09%
-1.88
Capital Expenditure Reported
—
—
—
—
Net Investment Purchase And Sale
-44.48
+89.20%
-411.80
-1630.47%
-23.80
+99.44%
-4,235.19
Purchase Of Investment
-44.48
+89.92%
-441.38
-83.04%
-241.14
+94.42%
-4,324.38
Sale Of Investment
0.00
-100.00%
29.58
-86.39%
217.34
+143.68%
89.19
Net Business Purchase And Sale
0.00
0.00
+100.00%
-1,266.90
+72.31%
-4,574.54
Purchase Of Business
0.00
0.00
+100.00%
-1,266.90
+72.31%
-4,574.54
Net Other Investing Changes
-864.45
-71.38%
-504.42
+68.68%
-1,610.59
-227.08%
-492.41
Financing Cash Flow
-1,566.52
-7.51%
-1,457.12
-241.22%
1,031.79
-84.89%
6,829.94
Cash Flow From Continuing Financing Activities
-1,566.52
-7.51%
-1,457.12
-241.22%
1,031.79
-84.89%
6,829.94
Net Issuance Payments Of Debt
-29.48
+27.99%
-40.94
-124.20%
169.15
-96.62%
5,000.00
Issuance Of Debt
1,710.46
-7.71%
1,853.37
+342.18%
419.15
-92.52%
5,600.00
Repayment Of Debt
-1,739.94
+8.15%
-1,894.31
-657.72%
-250.00
+58.33%
-600.00
Long Term Debt Issuance
1,710.46
-7.71%
1,853.37
+342.18%
419.15
-92.52%
5,600.00
Long Term Debt Payments
-1,739.94
+8.15%
-1,894.31
-657.72%
-250.00
+58.33%
-600.00
Net Long Term Debt Issuance
-29.48
+27.99%
-40.94
-124.20%
169.15
-96.62%
5,000.00
Short Term Debt Issuance
—
—
—
5,600.00
Net Short Term Debt Issuance
—
—
—
5,600.00
Net Common Stock Issuance
368.12
-1.40%
373.35
-84.92%
2,475.14
-22.96%
3,212.95
Common Stock Payments
-7.23
-35.41%
-5.34
-7.55%
-4.97
+19.33%
-6.16
Common Stock Dividend Paid
-1,853.47
-5.73%
-1,752.99
-10.68%
-1,583.84
-29.92%
-1,219.12
Cash Dividends Paid
-1,853.47
-5.73%
-1,752.99
-10.68%
-1,583.84
-29.92%
-1,219.12
Repurchase Of Capital Stock
-7.23
-35.41%
-5.34
-7.55%
-4.97
+19.33%
-6.16
Net Other Financing Charges
-51.69
-41.47%
-36.54
-27.50%
-28.66
+82.51%
-163.89
Changes In Cash
38.70
+2325.06%
1.60
-99.49%
313.70
+159.11%
-530.68
Effect Of Exchange Rate Changes
0.16
-64.04%
0.45
+806.35%
-0.06
0.00
Beginning Cash Position
524.62
+0.39%
522.57
+150.12%
208.93
-71.75%
739.61
End Cash Position
563.48
+7.41%
524.62
+0.39%
522.57
+150.12%
208.93
Free Cash Flow
2,508.66
+5.67%
2,373.97
+9.05%
2,176.97
+12.13%
1,941.52
Interest Paid Supplemental Data
778.79
-0.33%
781.40
+2.46%
762.61
+63.37%
466.81
Income Tax Paid Supplemental Data
4.07
+210.06%
1.31
-17.90%
1.60
-47.16%
3.02
Common Stock Issuance
375.35
-0.88%
378.69
-84.73%
2,480.11
-22.96%
3,219.10
Dividend Received CFO
0.00
0.00
-100.00%
3.27
-94.95%
64.81
Earnings Losses From Equity Investments
0.00
0.00
+100.00%
-1.28
+97.86%
-59.77
Issuance Of Capital Stock
375.35
-0.88%
378.69
-84.73%
2,480.11
-22.96%
3,219.10
Net Investment Properties Purchase And Sale
5.50
+471.34%
0.96
-84.55%
6.24
0.00
Purchase Of Investment Properties
—
—
—
-4,017.85
Sale Of Investment Properties
5.50
+471.34%
0.96
-84.55%
6.24
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
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