VICI Properties Inc. | REIT Profile

Symbol: VICI
CIK: 1705696
Exchange: NYSE
Founded: 2016 (6 years)
HQ: Las Vegas, NV, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Large-Cap
REIT Sector: Hotel, Specialty, Diversified

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See VICI on SEC.gov

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Overall Score: 8.0

See score breakdown | See trend

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More


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Hightlights of Trading Day January 20, 2022


Open Price: $28.03
Closing Price: $27.57
Price Change: -0.23 (-0.827%)
Lowest Price: $27.55
Highest Price: $28.2

52-Week Low: $23.60
52-Week High: $32.20
52-Week Change: 10.51%

5 Day Price Change: -3.51%
1 Month Price Change: 1.94%
3 Month Price Change: -6.53%
6 Month Price Change: -6.20%
YTD Price Change: -7.67%
1 Year Price Change: 14.86%
2 Year Price Change: 17.82%
5 Year Price Change: 64.10%

Dividend of Trading Day January 20, 2022


Dividend Yield: 5.223%*
Annualized Dividend: $1.44*
Dividend Yield (TTM): 4.878%
Annualized Dividend (TTM): $1.356
Ex-Dividend Date: 2021-12-22
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest News Headlines


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Funds From Operations (FFO)


Funds From Operations (FFO)

Key Stats of Trading Day January 20, 2022


Total Cash: $669,514,000
Current Debt: $352,798,000
Revenue: $1,499,432,000
Gross Profit: $1,540,448,000
Total Revenue: $1,499,432,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $1,460,935,000
Revenue Per Share: $2
Revenue Per Employee: $10,710,229
Employee: 120
Debt to Equity Ratio (D/E): 1.46
Profit Margin: 0.68%
Enterprise Value (EV): $22,165,353,337
Enterprise Value to Revenue (EV/R): 14.78
Price to Sales (P/S): 11.91
Price to Book (P/B): 1.48
Price/Earnings-to-Growth (PEG) Ratio: 0.62
P/E Ratio: 14.98
P/E High: 26.67
P/E Low: 10.61
Forward P/E Ratio: N/A
Market Capitalization: $17,340,042,130
Beta: 1.07
Latest Volume: 5,159,343
Avg. Total Volume: 4,590,548
Avg. 10-Day Volume: 4,091,973
Avg. 30-Day Volume: 4,590,548
TTM EPS: 1.84
Shares Outstanding: 628,946,033
Float: N/A
50-Day Moving Avg.: $28.41
200-Day Moving Avg.: $29.16

Latest REIT Community Comments on #VICI


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Occupancy Rate



Different REITs may report Occupancy levels in various forms/calculations. Some of the terms used to describe occupancy are Portfolio Occupancy, Weighted Average Occupancy, Ending Occupancy, Economic Occupancy, Leased Occupancy, Physical Occupancy, Pro Forma Occupancy, Same-Property Occupancy, Stabilized Portfolio Occupancy, Comparable Occupancy, Lease Rate, Percent Leased, among others. Some REITs interchange the words Occupancy and Leased while others use them to distinguish between data points. Some REITs also vary the use of the words over time through their earning reports. Therefore the information provided here is our best attempt at collecting data on occupancy/leased trends. However, it may not be accurate or comparable between different REITs.

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $24.35 per share you would have been able to buy 41 shares of VICI on 2021-01-21 costing $998.35 @ $24.35 per share you would have been able to buy 20 shares of VICI on 2021-01-21 costing $487.00 @ $24.35 per share you would have been able to buy 10 shares of VICI on 2021-01-21 costing $243.50 @ $24.35 per share you would have been able to buy 4 shares of VICI on 2021-01-21 costing $97.40 @ $24.35 per share you would have been able to buy 2 shares of VICI on 2021-01-21 costing $48.70
Current worth On 2022-01-20 these 41 shares would be worth $1,130.37 @ $27.57 On 2022-01-20 these 20 shares would be worth $551.40 @ $27.57 On 2022-01-20 these 10 shares would be worth $275.70 @ $27.57 On 2022-01-20 these 4 shares would be worth $110.28 @ $27.57 On 2022-01-20 these 2 shares would be worth $55.14 @ $27.57
Dividends earned $56.58 in dividends would have been earned since 2021-01-21 with 41 shares. $28 in dividends would have been earned since 2021-01-21 with 20 shares. $13.80 in dividends would have been earned since 2021-01-21 with 10 shares. $5.52 in dividends would have been earned since 2021-01-21 with 4 shares. $2.76 in dividends would have been earned since 2021-01-21 with 20 shares.
Net (gain / loss)* 188.60 USD 92.00 USD 46.00 USD 18.40 USD 9.20 USD
ROI** 18.89% 18.89% 18.89% 18.89% 18.89%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by VICI. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
VICI 2021-12-22 0.360 --- 2021-12-09 2021-12-23 2022-01-06
VICI 2021-09-23 0.360 9.09% 2021-08-04 2021-09-24 2021-10-07
VICI 2021-06-23 0.330 --- 2021-06-10 2021-06-24 2021-07-08
VICI 2021-03-24 0.330 --- 2021-03-11 2021-03-25 2021-04-08
VICI 2020-12-22 0.330 --- 2020-12-10 2020-12-23 2021-01-07
VICI 2020-09-29 0.330 10.92% 2020-09-10 2020-09-30 2020-10-08
VICI 2020-06-29 0.298 --- 2020-06-11 2020-06-30 2020-07-10
VICI 2020-03-30 0.298 --- 2020-03-12 2020-03-31 2020-04-09
VICI 2019-12-26 0.298 --- 2019-12-12 2019-12-27 2020-01-09
VICI 2019-09-26 0.298 3.48% 2019-09-12 2019-09-27 2019-10-10
VICI 2019-06-27 0.288 --- 2019-06-13 2019-06-28 2019-07-12
VICI 2019-03-28 0.288 --- 2019-03-14 2019-03-29 2019-04-11
VICI 2018-12-26 0.288 --- 2018-12-13 2018-12-27 2019-01-10
VICI 2018-09-27 0.288 9.48% 2018-09-17 2018-09-28 2018-10-11
VICI 2018-06-27 0.263 64.13% 2018-06-14 2018-06-28 2018-07-13
VICI 2018-03-28 0.160 --- 2018-03-15 2018-03-29 2018-04-13

Financial Statements Overview


The next Earnings Report for VICI is 2022-02-23

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Current Cash 669,514,000 407,522,000 322,530,000 335,966,000
Receivables 7,008,000 10,407,000 8,540,000 6,933,000
Inventory 0 0 0 0
Current Assets 3,844,008,000 3,571,196,000 3,477,425,000 347,397,000
Current Assets (Other) 3,190,000 4,357,000 2,682,000 4,498,000
Short Term Investments 3,190,000 4,357,000 2,682,000 4,498,000
Long-term Investments 13,704,796,000 13,648,352,000 13,607,576,000 16,716,216,000
Property, Plant & Equipment Net 222,010,000 226,440,000 227,602,000 227,394,000
Goodwill 0 0 0 0
Intangible Assets 0 0 0 0
Other Assets 13,465,796,000 13,404,747,000 13,362,637,000 16,471,315,000
Net Tangible Assets 12,050,107,000 9,656,640,000 9,521,559,000 9,415,839,000
Total Assets 17,548,804,000 17,219,548,000 17,085,001,000 17,063,613,000
Accounts Payable 514,000 390,000 249,000 734,000
Liabilities (Other) 73,600,000 73,600,000 73,600,000 73,600,000
Current Liabilities (Other) 352,284,000 332,694,000 336,891,000 424,586,000
Total Current Liabilities 352,798,000 333,084,000 337,140,000 425,320,000
Current Long-term Debt 0 0 0 0
Long-term Debt 4,972,800,000 7,056,904,000 7,053,401,000 7,049,908,000
Total Liabilities 5,498,697,000 7,562,908,000 7,563,442,000 7,647,774,000
Minority Interest 78,679,000 78,429,000 78,133,000 77,906,000
Common Stock 555,153,692 536,692,167 536,480,505 536,965,062
Retained Earnings 290,966,000 355,524,000 232,038,000 139,454,000
Treasury Stock 0 0 0 0
Capital Surplus 0 0 0 0
Shareholder Equity 12,050,107,000 9,656,640,000 9,521,559,000 9,415,839,000

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Total Revenue 375,704,000 376,400,000 374,310,000 373,018,000
Cost of Revenue 9,031,000 -29,104,000 -4,380,000 -16,563,000
Gross Profit 366,673,000 405,504,000 378,690,000 389,581,000
Research and Development 0 0 0 0
Selling General and Admin 8,379,000 7,628,000 8,085,000 8,101,000
Operating Expense 30,260,000 -8,500,000 15,977,000 3,821,000
Operating Income 345,444,000 384,900,000 358,333,000 369,197,000
Income Expense Net (Other) 0 0 0 0
EBIT 345,444,000 384,900,000 358,333,000 369,197,000
Interest Income 165,073,000 79,776,000 77,029,000 77,368,000
Pretax Income 164,572,000 304,333,000 272,583,000 290,848,000
Income Tax 388,000 1,256,000 484,000 436,000
Minority Interest 2,322,000 2,368,000 2,298,000 2,402,000
Net Income 161,862,000 300,709,000 269,801,000 288,010,000
Net Income Basic 161,862,000 300,709,000 269,801,000 288,010,000

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Net Income 161,862,000 300,709,000 269,801,000 288,010,000
Depreciation 771,000 757,000 792,000 3,731,000
Changes in Receivables 7,008,000 10,407,000 8,540,000 6,933,000
Changes in Inventories 0 0 0 0
Cash Change 669,514,000 407,522,000 322,530,000 335,966,000
Cash Flow 200,454,000 254,744,000 155,726,000 344,119,000
Capital Expenditures -130,000 -276,000 -1,247,000 -2,768,000
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows 61,961,000 -9,696,000 -32,409,000 7,590,000
Dividends Paid 0 0 0 0
Net Borrowings 1,135,800,000 3,496,115,000 3,584,516,000 6,709,444,000
Cash Flow Financing -638,305,000 179,448,000 181,598,000 -179,773,000
Financing Cash Flows (Other) 0 0 0 0
Exchange Rate Effect 0 0 0 0

About VICI Properties Inc.


VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace. VICI Properties’ national, geographically diverse portfolio consists of 20 gaming facilities comprising over 36 million square feet and features approximately 14,500 hotel rooms and more than 150 restaurants, bars and nightclubs. Its properties are leased to leading brands such as Caesars, Horseshoe, Harrah’s and Bally’s, which prioritize customer loyalty and value through great service, superior products and constant innovation. VICI Properties also owns four championship golf courses and 34 acres of undeveloped land adjacent to the Las Vegas Strip. VICI Properties’ strategy is to create the nation’s highest quality and most productive experiential real estate portfolio.

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
9 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 3.8
3 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.5
10 Dividend to AFFO Payout Ratio Health: Analysis of the REIT’s Dividend to AFFO Payout Ratios during the last four quarters. 8.8
9 Dividend to AFFO Payout Ratio Trend: Analysis of the REIT’s Dividend to AFFO Payout Ratios trend during the last two years. 7.7
Rating AFFO & Efficiency Section Avg. Rating
10 AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. 7.7
9 AFFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. 6.8
10 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 8.3
7 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 9.0
Rating Leverage Section Avg. Rating
7 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 7.2
10 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 8.7
0 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.8
5 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 8.4
8 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.1
9 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.9
Rating Asset & Revenue Section Avg. Rating
10 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 6.2
10 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.2
Rating Properties Section Avg. Rating
10 Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. 7.1
10 Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. 6.4
8 Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. 8.2
4 Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. 8.0
Rating Market Cap Section Avg. Rating
6 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.5
8.0 Overall REITRating™ Score (See trend) 6.1

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

REITProperty


Below are some of the properties owned by this VICI. Please click on the property name to see more details. See complete list of properties.

Name Type Address City State
Harrahs Las Vegas Casino Resort 3475 S Las Vegas Blvd Las Vegas NV
Caesars Palace Casino Resort 3570 S Las Vegas Blvd Las Vegas NV
Caesars Atlantic City Casino Resort 2100 Pacific Ave Atlantic City NJ

Last updated: 2022-01-21 - v2.9