More about VICI Properties Inc.
Regulatory Filings for VICI Properties Inc.
Fundamentals for VICI Properties Inc.
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Fundamentals for VICI Properties Inc.
Business Operations:
Sector: Real EstateIndustry: REIT - Diversified
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.
Revenue projections:
Investors may react cautiously to news that VICI's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.
Financial Ratios:
| currentRatio | 11.120000 |
|---|---|
| forwardPE | 9.688135 |
| debtToEquity | 61.853000 |
| earningsGrowth | 0.601000 |
| revenueGrowth | 0.035000 |
| grossMargins | 0.991410 |
| operatingMargins | 1.074910 |
| trailingEps | 2.920000 |
| forwardEps | 2.950000 |
VICI's current ratio of 11.12, indicating that the company can meet its short-term debt obligations with ease. This high liquidity level is a positive sign, as VICI has enough cash and current assets to handle its immediate liabilities comfortably.
With positive gross and operating margins, VICI's profitability is evident. These metrics suggest the company is efficiently managing its expenses while maintaining strong revenue, highlighting a solid financial foundation.
VICI's forward EPS exceeding its trailing EPS reflects expectations of increased profitability for the current year. This suggests that the company is projected to achieve higher earnings than in the previous financial year, signaling positive growth and improved financial health.
Price projections:
VICI's price projections have steadily declined, indicating that analysts are revising their outlook on the company. This downward trend reflects a more cautious perspective on VICI's future growth prospects.
Recommendation changes over time:
A recent buy bias from analysts toward VICI may inspire confidence in investors, who could view the stock as a promising investment. This positive sentiment suggests that VICI might be an appealing option for those looking to grow their wealth through stock market investments.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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