VICI Properties (VICI) Stock Price

VICI Properties Price

NYSE·CLOSED
26.09USD-0.65 (-2.46 %)
Market closed

Over the last 11 years VICI Properties grew revenue by 62.7% annually, reaching 4.01 B USD. Earnings per share have grown at 89.3% per year over the last 9 years. For VICI Properties, the net margin of 69.3% is up versus 67.2% a few years ago. At today's price the dividend yield works out to roughly 6.77%. The payout ratio is around 67% of earnings. The dividend has grown at 8.5% per year over the past 7 years. The consensus 12-month price target for VICI Properties is 35.70 USD, about 36.8% above where the stock trades today. Of 31 analysts, 24 rate the stock a buy — an overall Buy consensus.

VICI Properties stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of VICI Properties over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how VICI Properties stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing VICI Properties's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

VICI Properties Stock Price History
DateVICI Properties Price
8/10/202626.09 USD
8/7/202626.74 USD
8/6/202626.54 USD
8/5/202626.28 USD
8/4/202626.70 USD
8/3/202626.54 USD
7/31/202626.35 USD
7/30/202626.31 USD
7/29/202627.07 USD
7/27/202627.06 USD
7/23/202626.32 USD
7/22/202626.58 USD
7/21/202626.58 USD
7/20/202626.84 USD
7/17/202626.87 USD
7/16/202627.15 USD
7/15/202626.31 USD
7/14/202626.28 USD
7/13/202626.11 USD
7/10/202626.01 USD
7/9/202625.93 USD
7/8/202626.52 USD
7/7/202626.77 USD
7/6/202626.63 USD
7/2/202627.19 USD
7/1/202626.27 USD
6/30/202626.55 USD
6/29/202627.03 USD
6/26/202627.21 USD
6/25/202626.53 USD
6/24/202626.72 USD
6/23/202626.62 USD
6/22/202626.38 USD
6/18/202626.58 USD
6/17/202627.69 USD
6/16/202627.96 USD
6/15/202628.22 USD
6/12/202628.27 USD
6/11/202628.62 USD
6/10/202628.49 USD
6/9/202628.02 USD
6/8/202627.40 USD
6/5/202627.68 USD
6/4/202627.43 USD
6/3/202627.50 USD
6/2/202627.60 USD
6/1/202628.03 USD
5/29/202628.11 USD
5/28/202628.41 USD
5/27/202628.86 USD
5/26/202628.51 USD
5/22/202628.42 USD
5/21/202628.35 USD
5/20/202628.26 USD
5/19/202628.37 USD
5/18/202628.50 USD
5/15/202627.90 USD
5/14/202627.88 USD
5/13/202628.21 USD
5/12/202628.55 USD
5/11/202628.92 USD
5/8/202628.84 USD
5/7/202628.79 USD
5/6/202628.65 USD
5/5/202628.27 USD
5/4/202628.09 USD
5/1/202628.58 USD
4/30/202629.20 USD
4/29/202628.60 USD
4/28/202628.65 USD
4/27/202628.44 USD
4/24/202628.42 USD
4/23/202628.51 USD
4/22/202628.20 USD
4/21/202628.42 USD
4/20/202628.78 USD
4/17/202629.01 USD
4/16/202628.40 USD
4/15/202628.13 USD
4/14/202628.36 USD
4/13/202628.33 USD
4/10/202628.11 USD
4/9/202628.06 USD
4/8/202627.73 USD
4/7/202627.83 USD
4/6/202627.67 USD
4/2/202627.73 USD
4/1/202627.46 USD
3/31/202627.32 USD
3/30/202627.11 USD
3/27/202626.69 USD
3/26/202627.16 USD
3/25/202627.36 USD
3/24/202627.45 USD
3/23/202627.33 USD
3/20/202627.14 USD
3/19/202627.98 USD
3/18/202627.98 USD
3/17/202628.78 USD
3/16/202628.71 USD
3/13/202628.51 USD
3/12/202628.72 USD
3/11/202628.41 USD
3/10/202629.28 USD
3/9/202629.68 USD
3/6/202629.67 USD
3/5/202629.69 USD
3/4/202629.89 USD
3/3/202630.20 USD
3/2/202630.36 USD
2/27/202630.21 USD
2/26/202629.72 USD
2/25/202630.24 USD
2/24/202630.28 USD
2/23/202630.26 USD
2/20/202630.06 USD
2/19/202629.74 USD
2/18/202629.72 USD
2/17/202629.86 USD
2/13/202629.30 USD
2/12/202629.06 USD
2/11/202629.17 USD
2/10/202629.34 USD
2/9/202629.10 USD
2/6/202628.77 USD
2/5/202628.76 USD
2/4/202628.86 USD
2/3/202628.05 USD
2/2/202628.07 USD
1/30/202628.21 USD
1/29/202628.12 USD
1/28/202627.91 USD
1/27/202628.51 USD
1/26/202628.54 USD
1/23/202628.54 USD
1/22/202628.27 USD
1/21/202628.43 USD
1/20/202628.83 USD
1/16/202628.93 USD
1/15/202628.42 USD
1/14/202628.09 USD
1/13/202627.87 USD
1/12/202627.89 USD
1/9/202627.87 USD
1/8/202628.01 USD
1/7/202627.66 USD
1/6/202627.82 USD
1/5/202628.13 USD
1/2/202628.15 USD
12/31/202528.21 USD
12/30/202528.34 USD
12/29/202528.33 USD
12/26/202528.16 USD
12/24/202527.96 USD
12/23/202527.85 USD
12/22/202527.86 USD
12/19/202527.74 USD
12/18/202528.12 USD
12/17/202528.30 USD
12/16/202528.39 USD
12/15/202528.66 USD
12/12/202528.72 USD
12/11/202528.15 USD
12/10/202527.84 USD
12/9/202527.77 USD
12/8/202527.98 USD
12/5/202527.79 USD
12/4/202528.06 USD
12/3/202528.30 USD
12/2/202528.43 USD
12/1/202528.59 USD
11/28/202528.82 USD
11/26/202528.99 USD
11/25/202528.75 USD
11/24/202528.74 USD
11/21/202528.85 USD
11/20/202528.79 USD
11/19/202529.19 USD
11/18/202529.57 USD
11/17/202530.13 USD
11/14/202530.36 USD
11/13/202530.45 USD
11/12/202530.58 USD
11/11/202530.75 USD
11/10/202530.43 USD
11/7/202530.30 USD
11/6/202529.89 USD
11/5/202530.17 USD
11/4/202530.29 USD
11/3/202530.10 USD
10/31/202530.07 USD
10/30/202529.61 USD
10/29/202529.92 USD
10/28/202530.50 USD
10/27/202530.96 USD
10/24/202531.27 USD
10/23/202531.51 USD
10/22/202531.32 USD
10/21/202531.19 USD
10/20/202531.21 USD
10/17/202531.04 USD
10/16/202530.80 USD
10/15/202531.29 USD
10/14/202531.12 USD
10/13/202530.91 USD
10/10/202530.81 USD
10/9/202530.98 USD
10/8/202531.50 USD
10/7/202532.02 USD
10/6/202532.41 USD
10/3/202532.65 USD
10/2/202532.75 USD
10/1/202532.91 USD
9/30/202532.61 USD
9/29/202532.61 USD
9/28/202532.56 USD
9/25/202532.47 USD
9/24/202532.04 USD
9/23/202531.91 USD
9/22/202531.54 USD
9/19/202531.98 USD
9/18/202532.25 USD
9/17/202532.60 USD
9/16/202533.00 USD
9/15/202533.08 USD
9/12/202533.29 USD
9/11/202533.15 USD
9/10/202533.18 USD
9/9/202533.04 USD
9/8/202533.39 USD
9/5/202533.80 USD
9/4/202533.50 USD
9/3/202533.40 USD
9/2/202533.40 USD
8/29/202533.93 USD
8/28/202533.51 USD
8/27/202533.75 USD
8/26/202533.45 USD
8/25/202533.50 USD
8/22/202533.34 USD
8/21/202532.96 USD
8/20/202533.06 USD
8/19/202532.47 USD
8/18/202532.20 USD
8/15/202532.51 USD
Access this data via the Eulerpool API

VICI Properties Revenue, FFO, Net Income

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  • Max

Revenue
FFO
Net Income
Details
Date
Revenue
FFO
Net Income
Jan 1, 2022
2.60 B USD
1.14 B USD
1.12 B USD
Jan 1, 2023
3.61 B USD
2.56 B USD
2.51 B USD
Jan 1, 2024
3.85 B USD
2.73 B USD
2.68 B USD
Jan 1, 2025
4.01 B USD
2.82 B USD
2.78 B USD
Jan 1, 2026 (e)
4.21 B USD
0.00 USD
2.94 B USD
Jan 1, 2027 (e)
4.37 B USD
0.00 USD
3.20 B USD
Jan 1, 2028 (e)
4.46 B USD
0.00 USD
3.24 B USD
Jan 1, 2029 (e)
4.60 B USD
0.00 USD
0.00 USD

VICI Properties Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 15, 2026, 6:32 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESB
2014201520162017201820192020202120222023202420252026e2027e2028e2029e
0.020.020.020.200.900.891.231.512.603.613.854.014.214.374.464.60
1,016.67346.27-0.3337.0223.1872.3038.886.594.085.123.802.043.07
22.2222.2227.7883.0888.9697.8797.3198.6199.1599.2599.3099.1599.1599.1599.1599.15
0.010.170.800.881.191.492.583.583.823.974.184.334.424.56
0.110.760.840.911.441.633.343.543.653.894.034.174.30
52.2484.3994.1874.5395.6962.7792.6192.0891.0492.4092.2793.5793.56
0.040.520.550.891.011.122.512.682.782.943.203.24
1,300.001,145.244.2163.4913.6910.27124.986.573.625.918.711.31
1.001.171.261.381.501.611.691.771.801.932.06
17.007.699.528.707.334.974.142.277.226.74
1.061.060.360.230.390.470.540.640.971.041.061.061.061.061.061.06
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales VICI Properties generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue VICI Properties retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare VICI Properties's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares VICI Properties has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against VICI Properties's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

VICI Properties stock margins

The VICI Properties margin analysis displays the gross margin, EBIT margin, as well as the profit margin of VICI Properties. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for VICI Properties.
  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
98.62 %
95.68 %
67.16 %
Jan 1, 2022
99.13 %
62.77 %
42.97 %
Jan 1, 2023
99.25 %
92.60 %
69.59 %
Jan 1, 2024
99.30 %
92.10 %
69.59 %
Jan 1, 2025
99.15 %
91.05 %
69.28 %
Jan 1, 2026 (e)
99.15 %
92.41 %
69.79 %
Jan 1, 2027 (e)
99.15 %
92.25 %
73.10 %
Jan 1, 2028 (e)
99.15 %
93.57 %
72.59 %

VICI Properties Stock Revenue, EBIT, Earnings per Share

The VICI Properties earnings per share therefore indicates how much revenue VICI Properties has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
2.37 USD
2.27 USD
1.59 USD
Jan 1, 2022
2.69 USD
1.69 USD
1.16 USD
Jan 1, 2023
3.48 USD
3.22 USD
2.42 USD
Jan 1, 2024
3.65 USD
3.36 USD
2.54 USD
Jan 1, 2025
3.78 USD
3.44 USD
2.62 USD
Jan 1, 2026 (e)
3.94 USD
3.67 USD
2.75 USD
Jan 1, 2027 (e)
4.09 USD
3.80 USD
2.99 USD
Jan 1, 2028 (e)
4.17 USD
3.93 USD
3.03 USD

VICI Properties business model & stock analysis

VICI Properties Inc. is a US real estate company specializing in the acquisition, development, and management of casino-adjacent leisure and entertainment properties. The company was founded in 2017 and has been listed on the New York Stock Exchange since then. The history of VICI Properties dates back to 1970 when the company was founded as Caesars World. Caesars World was one of the largest casino operators in the US and worldwide in the 1980s and 1990s. In 1995, the company changed its name to Park Place Entertainment and was acquired by Harrah's Entertainment in 2005. In 2017, Harrah's Entertainment split into two separate companies: Caesars Entertainment and VICI Properties. VICI Properties' business model is based on the acquisition and management of properties located near casinos and other leisure facilities. The company invests in various types of properties, such as hotels, shopping centers, golf courses, and sports stadiums. VICI Properties enters into long-term lease agreements with casino and leisure facility operators, enabling the company to achieve stable and consistent income. VICI Properties focuses on the North American market, particularly the US. The company's most well-known properties include Caesars Palace in Las Vegas, Harrah's Resort in Atlantic City, and Caesars Forum in Las Vegas. Overall, the company currently operates more than 30 properties in 16 different US states. In addition to property acquisition and management, VICI Properties also offers various other services. These include property development and sales, project financing, and consulting services for customers in planning and implementing real estate projects. To coordinate these different business areas, VICI Properties operates several divisions, including property acquisition, property management, financing, development, and consulting. Each division is responsible for a specific part of the business and works closely together to achieve the company's goals. Overall, VICI Properties is a successful company with a broad portfolio of properties and services. The company has established itself as a leading provider of properties for the casino industry and consistently works to improve the quality of its services and products. With an experienced management team and a strong market presence, VICI Properties has a promising future and remains an important player in the US real estate market.

VICI Properties SWOT Analysis

Strengths

VICI Properties Inc has a strong portfolio of properties across various segments, including gaming, hospitality, and entertainment. This diversification helps to mitigate risks associated with a single industry and provides stability to their revenue streams.

The company owns and operates prime real estate assets, including premier casinos, hotels, and convention centers. These properties are located in strategic locations, which enhances their attractiveness and potential for generating solid returns on investment.

VICI Properties Inc has secured long-term lease agreements with reputable tenants, ensuring a steady and predictable cash flow for the company. These lease contracts often include rental escalations, providing potential for increased revenues over time.

Weaknesses

As a real estate investment trust (REIT), VICI Properties Inc relies heavily on tenants to lease their properties. Any financial difficulties or bankruptcy faced by major tenants could negatively impact the company's rental income and occupancy rates.

The company's performance is closely tied to the overall economic conditions, particularly in the gaming and hospitality sectors. During recessions or economic downturns, consumer discretionary spending on entertainment and leisure activities tends to decline, which could affect VICI Properties Inc's financial performance.

Opportunities

VICI Properties Inc can explore opportunities to expand its portfolio by acquiring additional high-quality properties in lucrative markets. This could help to increase their market share and diversify their revenue streams even further.

The increasing popularity of online gaming presents an opportunity for VICI Properties Inc to collaborate with gaming companies and provide physical spaces for their operations. This could tap into a growing market and create additional leasing opportunities.

Threats

The gaming and hospitality industries are subject to strict regulations and licensing requirements. Any adverse changes in regulations or new restrictions imposed by regulatory authorities could impact the company's operations and profitability.

VICI Properties Inc faces competition from other major players in the real estate and gaming sectors. Increased competition may impact their ability to secure desirable properties, negotiate favorable lease terms, or maintain high occupancy rates.

VICI Properties Employees

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  • Max

VICI Properties Employees
Details
Date
VICI Properties Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

VICI Properties Segments

VICI Properties Revenue by Segment (1/3)

  • 3 Years

  • 5 Years

  • Max

Golf revenue
Details
Date
Golf revenue
Jan 1, 2019
28.94 M USD
Jan 1, 2020
0.00 USD
Jan 1, 2021
0.00 USD

VICI Properties Revenue by Segment (2/3)

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  • Max

Real Property Business
Real Property Business Segment
Golf Course Business
Details
Date
Real Property Business
Real Property Business Segment
Golf Course Business
Jan 1, 2019
0.00 USD
865.86 M USD
28.94 M USD
Jan 1, 2020
1.20 B USD
0.00 USD
0.00 USD
Jan 1, 2021
1.48 B USD
0.00 USD
0.00 USD

VICI Properties Revenue by Segment (3/3)

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  • Max

Golf Course Business
Details
Date
Golf Course Business
Jan 1, 2019
0.00 USD
Jan 1, 2020
23.79 M USD
Jan 1, 2021
30.55 M USD

VICI Properties Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

VICI Properties historical P/E ratio, EBIT multiple, and P/S ratio

VICI Properties annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

VICI Properties shares outstanding

The number of shares of VICI Properties was 1.06 B in 2025. This indicates how many shares VICI Properties is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
637.41 M Stocks
Jan 1, 2022
965.30 M Stocks
Jan 1, 2023
1.04 B Stocks
Jan 1, 2024
1.06 B Stocks
Jan 1, 2025
1.06 B Stocks
Jan 1, 2026 (e)
1.06 B Stocks
Jan 1, 2027 (e)
1.06 B Stocks
Jan 1, 2028 (e)
1.06 B Stocks

VICI Properties Dividend History

9 years of dividend payments · 7 consecutive increases

YearAnnual DividendYoY ChangePayments
20260.90USDYTD
Mar 19, 20260.45USD 0.0%1/2
Jun 18, 20260.45USD 0.0%2/2
20251.77USD 4.1%
Mar 20, 20250.43USD 0.0%1/4
Jun 18, 20250.43USD 0.0%2/4
Sep 18, 20250.45USD 4.0%3/4
Dec 17, 20250.45USD 0.0%4/4
20241.69USD 5.3%
20231.61USD 7.3%
20221.50USD 8.7%
20211.38USD 10.0%
20201.26USD 7.3%
20191.17USD 17.3%
20181.00USD

VICI Properties dividend history and estimates

In 2025, VICI Properties paid a dividend amounting to 1.77 USD. Dividend means that VICI Properties distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
1.38 USD
0.00 USD
Jan 1, 2022
1.50 USD
0.00 USD
Jan 1, 2023
1.61 USD
0.00 USD
Jan 1, 2024
1.69 USD
0.00 USD
Jan 1, 2025
1.77 USD
0.00 USD
Jan 1, 2026 (e)
0.90 USD
0.90 USD
Jan 1, 2027 (e)
0.00 USD
1.93 USD
Jan 1, 2028 (e)
0.00 USD
2.06 USD

VICI Properties dividend payout ratio

In 2025, VICI Properties had a payout ratio of 66.36%. The payout ratio indicates the percentage of the company's profits that VICI Properties distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

FFO payout ratio
Details
Date
FFO payout ratio
Jan 1, 2021
85.71 %
Jan 1, 2022
127.07 %
Jan 1, 2023
65.30 %
Jan 1, 2024
65.66 %
Jan 1, 2025
66.36 %
Jan 1, 2026 (e)
0.00 %
Jan 1, 2027 (e)
0.00 %
Jan 1, 2028 (e)
0.00 %

Current VICI Properties forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
77.42 % (24)
Hold
22.58 % (7)
Sell
0.00 % (0)
12M Price Target
35.70
Last Price
26.34
Currency
USD
12M Return Potential
35.54 %
LTM Return
0 %

VICI Properties Analyst Rating Actions

DateFirmActionRatingReliability
7/22/2026
Barclays
Barclays
MaintainedOverweight33
7/15/2026
Wells Fargo
Wells Fargo
MaintainedEqual Weight56
7/8/2026
Morgan Stanley
Morgan Stanley
MaintainedEqual Weight60
6/18/2026
Scotiabank
Scotiabank
MaintainedSector Perform75
5/12/2026
Scotiabank
Scotiabank
MaintainedSector Perform75
4/21/2026
Barclays
Barclays
MaintainedOverweight33
3/11/2026
Mizuho
Mizuho
DowngradeOutperformNeutral31
3/2/2026
Baird
Baird
MaintainedOutperform
2/2/2026
Scotiabank
Scotiabank
DowngradeSector OutperformSector Perform75
12/17/2025
Mizuho
Mizuho
MaintainedOutperform31

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

VICI Properties Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
7/29/20260.72USD-1.06 BUSD-2026 Q2
4/29/20260.70USD-1.03 BUSD-2026 Q1
2/25/20260.70USD-1.03 BUSD-2025 Q4
4/29/20240.65USD-949.38 MUSD-2024 Q1
2/21/20240.66USD-941.38 MUSD-2023 Q4
7/25/20230.61USD-782.98 MUSD-2023 Q2
5/2/20230.60USD-778.15 MUSD-2023 Q1
2/21/20230.59USD-756.85 MUSD-2022 Q4
10/27/20220.58USD-751.79 MUSD-2022 Q3
7/27/20220.41USD-601.07 MUSD-2022 Q2

EESG©

Eulerpool ESG Scorecard© for the VICI Properties stock

82/100
99
Environment
81
Social
65
Governance
E

Environment

20
Scope 1 - Direct Emissions524
Scope 2 - Indirect emissions from purchased energy2,104
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions2,628
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees48
Percentage of women in management
Percentage of Asian employees10
Share of Asian management
Percentage of Hispanic/Latino employees7
Hispano/Latino Management share
Percentage of Black employees3
Black Management Share
Percentage of white employees77
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

VICI Properties shareholder structure

% Name
12.11365%
BLACKROCK, INC.
BLACKROCK, INC.
7.85404%
VANGUARD PORTFOLIO MANAGEMENT LLC
VANGUARD PORTFOLIO MANAGEMENT LLC
6.01002%
STATE STREET CORP
STATE STREET CORP
5.97464%
VANGUARD CAPITAL MANAGEMENT LLC
VANGUARD CAPITAL MANAGEMENT LLC
3.61676%
GEODE CAPITAL MANAGEMENT, LLC
GEODE CAPITAL MANAGEMENT, LLC
2.89670%
ALLIANZ ASSET MANAGEMENT GMBH
ALLIANZ ASSET MANAGEMENT GMBH
...

VICI Properties Beneficial Ownership Filings (SEC 13D/G)

Free Float
99.5%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
14.07%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
10.19%
13-3353336
13-3353336
SEC ↗
9.50%
PACIFIC INVESTMENT MANAGEMENT COMPANY LLC
PACIFIC INVESTMENT MANAGEMENT COMPANY LLC
SEC ↗
9.00%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
7.86%
Vanguard Portfolio Management
Vanguard Portfolio Management
SEC ↗
6.91%
Vanguard Capital Management
Vanguard Capital Management
SEC ↗
6.10%
Cohen & Steers, Inc. 14-1904657
Cohen & Steers, Inc. 14-1904657
SEC ↗
6.10%
Monarch GP LLC
Monarch GP LLC
SEC ↗
6.10%
Monarch Alternative Capital LP
Monarch Alternative Capital LP
SEC ↗
6.10%
MDRA GP LP
MDRA GP LP
SEC ↗

VICI Properties Executives and Management Board

10 members · avg. age 61 · 40 % women

EP

Mr. Edward Pitoniak (69)

Chief Executive Officer, Director · since 2017

12.80 M USD

Management

JP

Mr. John Payne (56)

President, Chief Operating Officer

5.65 M USD
DK

Mr. David Kieske (54)

Chief Financial Officer, Executive Vice President, Treasurer

4.65 M USD
SG

Ms. Samantha Gallagher (48)

Executive Vice President, General Counsel, Secretary

3.63 M USD

Board of Directors

JA

Mr. James Abrahamson (69)

Independent Chairman of the Board

440,028.00 USD
DC

Ms. Diana Cantor (67)

Independent Director

350,000.00 USD
CM

Mr. Craig Macnab (69)

Independent Director

345,000.00 USD
EH

Ms. Elizabeth Holland (59)

Independent Director

340,000.00 USD
MR

Mr. Michael Rumbolz (70)

Independent Director

320,000.00 USD
MD

Ms. Monica Douglas (52)

Independent Director

310,000.00 USD

VICI Properties Supply Chain

VICI Properties Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
5 companies
#Nameβ 1YTrend
1
Gaming & Leisure Props
Supplier·Equity Real Estate Investment Trusts (REITs)·US
0.78
0.90
0.51
0.58
0.61
0.93
2
MGM Resorts
Customer·Hotels, Restaurants & Leisure·US
-0.09
0.50
0.09
0.14
0.04
0.88
0.09
3
Century Casinos
Supplier·Customer·Hotels, Restaurants & Leisure·US
-0.01
0.59
-0.14
-0.03
0.33
0.87
4
Caesars Entertainment
Customer·Hotels, Restaurants & Leisure·US
-0.09
0.57
-0.23
-0.06
0.45
0.85
1.21
#Nameβ 1YTrend
1
Penn National Gaming
Customer·Hotels, Restaurants & Leisure·US
0.43
0.65
-0.27
-0.10
0.69
0.26
1.86

Frequently asked questions about VICI Properties

VICI Properties Inc is a leading real estate investment trust (REIT) that specializes in owning, acquiring, and developing premier gaming, hospitality, and entertainment destinations. The business model of VICI Properties Inc revolves around generating revenue through long-term leases and contractual agreements with well-established gaming operators and other tenants. By owning a diverse portfolio of properties, including casinos, hotels, and convention centers, VICI Properties Inc aims to provide stable cash flows and value appreciation for its shareholders. With its extensive experience in the gaming and hospitality industry, VICI Properties Inc continues to enhance its market presence and drive growth opportunities in the dynamic real estate sector.

VICI Properties Inc is primarily active in the real estate industry.

The main competitors of VICI Properties Inc in the market include Simon Property Group, MGM Growth Properties, and Gaming and Leisure Properties.

VICI Properties Inc is a renowned real estate investment trust (REIT) specializing in entertainment, hospitality, and gaming destinations. Established in 2017, VICI Properties Inc has quickly emerged as a leading player in the industry. It owns a diverse portfolio of premier properties, including well-known casinos, hotels, and resorts across the United States. The company operates under a unique business model that aligns it with top-tier gaming and hospitality operators, ensuring a stable and lucrative revenue stream. With a strong emphasis on customer satisfaction and sustainable growth, VICI Properties Inc continues to solidify its position as a market leader in the real estate investment sector.

VICI Properties Inc has achieved several significant milestones. The company successfully completed its initial public offering (IPO) in February 2018, raising substantial capital to fuel its growth. In 2019, VICI Properties Inc acquired the real estate assets of Caesars Entertainment Corporation, a renowned casino and entertainment company, making it one of the largest owners of gaming, hospitality, and entertainment destinations in the United States. This strategic acquisition further expanded VICI Properties Inc's portfolio and reinforced its position in the industry. The company continues to achieve strong financial performance and deliver value to its shareholders through its robust real estate investment strategy and portfolio management.

VICI Properties Inc is primarily present in the United States.

VICI Properties Inc represents a strong commitment to integrity, transparency, and excellence in the real estate investment trust (REIT) industry. The company focuses on maximizing long-term value for its shareholders by owning, acquiring, and developing high-quality gaming, hospitality, and entertainment destinations. VICI Properties Inc believes in fostering mutually beneficial partnerships with industry-leading tenants to ensure sustainable growth and financial success. With its strategic vision, the company aims to improve and transform the real estate landscape through innovative and responsible development practices. Overall, VICI Properties Inc's corporate philosophy revolves around delivering exceptional value, maintaining impeccable ethics, and driving long-term success for all stakeholders involved.

Analysts currently set an average price target of 35.70 USD for the VICI Properties stock (median: 35.70 USD), implying +35.5 % versus the latest price. The consensus is based on 31 analyst ratings.

31 analysts currently rate the VICI Properties stock: 24 recommend buying, 7 holding and 0 selling. For 2026, analysts expect VICI Properties to generate revenue of 4.21 B USD and earnings per share of 2.77 USD.

Converted at the current exchange rate, the VICI Properties share trades at 22.56 EUR (26.09 USD).

The VICI Properties share (VICI) is listed on 5 stock exchanges, including: NYSE (VICI), XETRA (1KN.DU), Frankfurt (1KN.F), München (1KN.MU), Düsseldorf (1KN.DU).

VICI Properties Inc is a publicly traded company specializing in the acquisition and management of various properties. The company was founded in 2017 and is headquartered in Las Vegas, Nevada. The business model of VICI Properties is based on the acquisition and management of properties that serve as operational assets for various types of businesses. The company owns and operates properties in various industries, including casinos, hotels, golf clubs, and other recreational facilities. An important part of VICI Properties' business model is diversification of income sources. The company generates income from various sources, including rents, leases, interest, and other fees. This helps minimize risk and promote income growth. Key products and services of VICI Properties include rental properties and lease spaces. The company operates and owns a wide range of properties, including casino resorts, hotels, and recreational facilities. Notable properties include Caesar's Palace and Harrah's Las Vegas. In addition, VICI Properties also offers financial services. The company obtains capital from various sources to finance the acquisition and development of properties. This includes loans, bonds, and other financial instruments. VICI Properties' financial services are geared towards the needs of companies that require fast and effective capital raising. Another important element of VICI Properties' business model is collaboration with various companies. The company partners with a variety of partners to acquire, develop, and operate properties. This collaboration allows VICI Properties to build valuable relationships and expand its business. Overall, VICI Properties has developed a successful business model based on diversifying income sources, collaborating with different companies, and providing high-quality properties. With its extensive resources and experience in the real estate industry, the company is well-positioned to continue being successful in the future.

The expected revenue of VICI Properties is 4.21 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of VICI Properties is 2.94 B USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of VICI Properties is currently 9.42. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the VICI Properties stock.

The price-to-sales ratio (P/S) of VICI Properties is currently 6.57. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the VICI Properties stock.

The Eulerpool Quality Score for VICI Properties is 8/10.

The ISIN of VICI Properties is US9256521090. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of VICI Properties is A2H5U8. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of VICI Properties is VICI. The ticker symbol is used to trade VICI Properties shares on the stock exchange.

Over the past 12 months, VICI Properties paid a dividend of 1.77 USD . This corresponds to a dividend yield of about 6.77 %. For the coming 12 months, VICI Properties is expected to pay a dividend of 1.93 USD.

The current dividend yield of VICI Properties is 6.77 %.

VICI Properties pays a dividend, distributed in the months of , , , .

VICI Properties paid dividends every year for the past 8 years.

For the upcoming 12 months, dividends amounting to 1.93 USD are expected. This corresponds to a dividend yield of 7.39 %.

VICI Properties is assigned to the 'Real Estate' sector.

In the year 2025, VICI Properties distributed 1.7 USD as dividends.

The dividends of VICI Properties are distributed in USD.