Stock VICI VICI PROPERTIES, INC.
Add to a list
To use this feature you must be a member
Log inSign up

Financials VICI Properties, Inc.

Equities

VICI

US9256521090

Specialized REITs

Market Closed - Nyse
Other stock markets
 04:00:02 2024-04-26 pm EDT 		5-day change 1st Jan Change
28.47 USD -0.28% Intraday chart for VICI Properties, Inc. +2.08% -10.70%
Apr. 23 Scotiabank Adjusts VICI Properties' Price Target to $32 From $36, Keeps Sector Outperform Rating MT
Mar. 18 Morgan Stanley Adjusts VICI Properties Price Target to $33 From $32, Maintains Equalweight Rating MT

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 11,779 13,685 18,938 31,204 32,981 29,698 - -
Enterprise Value (EV) 1 15,468 20,135 22,892 44,518 49,182 45,822 45,969 46,259
P/E ratio 20.6 x 14.6 x 17.1 x 25.5 x 12.9 x 10.6 x 10.3 x 10.1 x
Yield 4.58% 4.92% 4.58% 4.63% 5.05% 5.92% 6.15% 6.34%
Capitalization / Revenue 13.2 x 11.2 x 12.5 x 12 x 9.13 x 7.84 x 7.59 x 7.25 x
EV / Revenue 17.3 x 16.4 x 15.2 x 17.1 x 13.6 x 12.1 x 11.8 x 11.3 x
EV / EBITDA 18.3 x 18 x 17.5 x 20.1 x 16.9 x 14.7 x 14.2 x 13.4 x
EV / FCF 24.4 x 23.6 x 25.6 x 22.9 x - 16.2 x 15.8 x -
FCF Yield 4.11% 4.24% 3.9% 4.36% - 6.16% 6.34% -
Price to Book 1.4 x 1.37 x 1.56 x 1.42 x 1.32 x 1.13 x 1.09 x 1.07 x
Nbr of stocks (in thousands) 461,007 536,670 628,946 963,098 1,034,532 1,043,137 - -
Reference price 2 25.55 25.50 30.11 32.40 31.88 28.47 28.47 28.47
Announcement Date 2/20/20 2/18/21 2/23/22 2/23/23 2/22/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 894.8 1,226 1,510 2,601 3,612 3,787 3,911 4,095
EBITDA 1 846.6 1,119 1,307 2,215 2,910 3,112 3,236 3,442
EBIT 1 842.5 904.6 1,444 1,610 3,225 3,612 3,719 3,888
Operating Margin 94.16% 73.81% 95.68% 61.9% 89.27% 95.37% 95.09% 94.95%
Earnings before Tax (EBT) 1 556 897 1,026 1,139 2,548 2,832 2,917 3,010
Net income 1 546 891.7 1,014 1,118 2,514 2,760 2,870 2,981
Net margin 61.02% 72.76% 67.16% 42.97% 69.59% 72.89% 73.39% 72.81%
EPS 2 1.240 1.750 1.760 1.270 2.470 2.674 2.759 2.819
Free Cash Flow 1 635.1 853.9 893.8 1,942 - 2,821 2,914 -
FCF margin 70.98% 69.67% 59.21% 74.65% - 74.48% 74.5% -
FCF Conversion (EBITDA) 75.02% 76.34% 68.39% 87.67% - 90.65% 90.05% -
FCF Conversion (Net income) 116.33% 95.76% 88.16% 173.72% - 102.19% 101.51% -
Dividend per Share 2 1.170 1.255 1.380 1.500 1.610 1.687 1.751 1.804
Announcement Date 2/20/20 2/18/21 2/23/22 2/23/23 2/22/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 375.7 383.2 416.6 662.6 751.5 769.9 877.6 898.2 904.3 931.9 936.6 942.4 944.3 955.3 961.2
EBITDA 1 324.5 329.3 358 564.5 638.6 653.6 710.3 723.4 726.4 749.6 766.2 772.1 774.3 780.7 794.8
EBIT 1 345.3 355.7 311.1 60.1 480.9 757.7 727 897.8 764.8 918.4 895.4 900.5 902.3 908.7 911.5
Operating Margin 91.9% 92.82% 74.68% 9.07% 63.99% 98.41% 82.84% 99.96% 84.57% 98.55% 95.6% 95.55% 95.55% 95.13% 94.83%
Earnings before Tax (EBT) 1 164.6 284.6 243.1 -57.11 337.3 615.9 528.9 703.5 566.1 750 702.1 706.7 709.5 717.6 713.1
Net income 1 161.9 281.5 240.4 -57.71 330.9 604.1 518.7 690.7 556.3 747.8 688 694.2 698 707.3 712
Net margin 43.08% 73.46% 57.7% -8.71% 44.03% 78.46% 59.11% 76.9% 61.52% 80.24% 73.46% 73.67% 73.92% 74.04% 74.08%
EPS 2 0.2800 0.4400 0.3500 -0.0600 0.3400 0.6300 0.5200 0.6900 0.5500 0.7200 0.6621 0.6667 0.6693 0.6749 0.6799
Dividend per Share 2 0.3600 0.3600 0.3600 0.3600 0.3900 0.3900 - 0.3900 - 0.4150 0.4180 0.4178 0.4271 0.4298 0.4352
Announcement Date 10/27/21 2/23/22 5/4/22 7/27/22 10/27/22 2/23/23 5/1/23 7/26/23 10/25/23 2/22/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 3,690 6,450 3,955 13,313 16,202 16,124 16,271 16,560
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.358 x 5.766 x 3.026 x 6.011 x 5.568 x 5.182 x 5.029 x 4.811 x
Free Cash Flow 1 635 854 894 1,942 - 2,821 2,914 -
ROE (net income / shareholders' equity) 7.39% 10.3% 9.42% 6.57% 10.7% 10.8% 10.7% 10.8%
ROA (Net income/ Total Assets) 4.44% 5.88% 5.85% 4.05% 6.16% 6.97% 7.05% 7.28%
Assets 1 12,300 15,165 17,330 27,587 40,818 39,585 40,714 40,973
Book Value Per Share 2 18.30 18.60 19.30 22.80 24.20 25.30 26.10 26.70
Cash Flow per Share 2 1.550 1.730 1.550 2.210 - 2.440 2.510 2.840
Capex 1 2.72 2.77 2.51 1.88 - 2 3 -
Capex / Sales 0.3% 0.23% 0.17% 0.07% - 0.05% 0.08% -
Announcement Date 2/20/20 2/18/21 2/23/22 2/23/23 2/22/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for VICI Properties, Inc.

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
23
Last Close Price
28.47 USD
Average target price
35.65 USD
Spread / Average Target
+25.23%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Hospitality REITs

1st Jan change Capi.
VICI PROPERTIES, INC. Stock VICI Properties, Inc.
-10.70% 29.7B
GAMING AND LEISURE PROPERTIES, INC. Stock Gaming and Leisure Properties, Inc.
-13.96% 11.53B
RYMAN HOSPITALITY PROPERTIES, INC. Stock Ryman Hospitality Properties, Inc.
-2.73% 6.34B
APPLE HOSPITALITY REIT, INC. Stock Apple Hospitality REIT, Inc.
-9.69% 3.64B
PARK HOTELS & RESORTS INC. Stock Park Hotels & Resorts Inc.
+8.30% 3.49B
CAPITALAND ASCOTT TRUST Stock CapitaLand Ascott Trust
-9.09% 2.49B
JAPAN HOTEL REIT INVESTMENT CORPORATION Stock Japan Hotel REIT Investment Corporation
+19.51% 2.44B
COVIVIO HOTELS Stock Covivio Hotels
-8.54% 2.37B
SUNSTONE HOTEL INVESTORS, INC. Stock Sunstone Hotel Investors, Inc.
-4.01% 2.1B
DIAMONDROCK HOSPITALITY COMPANY Stock DiamondRock Hospitality Company
-3.62% 1.91B
Hospitality REITs
  1. Stock Market
  2. Equities
  3. VICI Stock
  4. Financials VICI Properties, Inc.