DailyIQ
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Sector:Real EstateAll sectors
Last updated 2 minutes ago

VICI·VICI Properties Inc.

$.
+. (+.%)
Pre-Market
High
$26.11
Open
$26.02
Market Cap
27.99B
52W High
$34.01
Low
$26.00
P. Close
$26.07
P/E
9.02
52W Low
$25.82
Fwd P/E
8.86
DailyIQ Est.
$34.31
Technical Score (1D)
14
SELL
News Sentiment
66
BULLISH
VICI’s latest management briefing highlighted that its income streams remain robust despite macro uncertainty and tenant concentration risk from Caesars/MGM, underscoring the REIT’s focus on dividend safety. Morgan Stanley’s equal‑weight downgrade and price target cut to $31 signals concerns over VICI’s growth prospects amid rising rates and competitive pressure, which could temper investor sentiment in the coming week. JPMorgan’s parallel price target reduction to $32, while maintaining an overweight rating, further reflects a bearish view on the casino sector’s performance, adding to the pressure on valuation expectations. An Argus Research analysis, though lacking explicit guidance, indicates that VICI’s market positioning and financial health remain solid, but the absence of a valuation recommendation suggests analysts are awaiting more data. Analysts forecast a modest single‑digit earnings rise for Q2 2026, with AFFO per share expected to climb 3.3%, which aligns with VICI’s history of meeting or beating estimates and supports future dividend growth. VICI’s conservative balance sheet, with a 35% leverage ratio and 4.0x interest coverage, positions the REIT to weather market volatility and pursue growth, reinforcing its resilience narrative. The recent acquisition of Deerfoot Inn & Casino and related hotels in Alberta, extending the lease to a 25‑year term with inflation‑linked escalators, boosts annual rent by $11.6 million and strengthens long‑term income resilience. VICI’s expansion into the Caribbean with the Carambola Beach Resort, under a long‑term triple‑net lease with Club Med, is slated for redevelopment and reopening in Q4 2027, positioning the REIT to capture premium all‑inclusive resort demand. Despite a 47% undervaluation per DCF and a 13% five‑year return, concerns about tenant concentration and transaction risk may temper upside, suggesting investors should monitor risk factors and valuation multiples. VICI’s inclusion among the top wide‑moat REITs for the second half of 2026 and its recent resilience to a market slip reinforce a positive outlook, yet the 52‑week low and 5‑year low highlight ongoing real‑estate volatility that traders should monitor.
Earnings Summary
VICI Properties Inc. is a diversified real‑estate investment trust that owns a portfolio of high‑profile gaming, hospitality, wellness, entertainment and leisure destinations, including Caesars Palace, MGM Grand and the Venetian Resort Las Vegas. The company operates through long‑term, triple‑net leases with leading operators, positioning it within the experiential REIT sector. In the most recent reporting cycle, VICI’s Q1 2026 earnings reflected a modest revenue increase to $1.0185 billion versus $1.0131 billion in Q4 2025, while EPS rose slightly to $0.61 from $0.60 in the prior quarter; however, the quarter’s earnings fell short of the $0.7166 estimate, marking a miss. Compared with Q3 2025, revenue grew from $1.0075 billion to $1.0131 billion, but EPS declined from $0.7133 to $0.60, underscoring a deceleration in profitability. Over the last six quarters, the REIT has posted two earnings beats (Q2 2025 and Q3 2025) and four misses, with revenue growth persisting despite the EPS volatility. Historically, VICI has demonstrated steady revenue expansion, moving from $976 million in Q4 2024 to $1.013 billion in Q4 2025, yet EPS has fluctuated, reflecting the sensitivity of its operating margins to lease and operating cost dynamics. Recent developments include the sale‑leaseback of Canadian casino and hotel assets for CAD 200.6 million, which secured a long‑term, inflation‑linked lease and added $16.1 million in annual rent, bolstering income stability; the acquisition of the Carambola Beach Resort, slated for a Club Med conversion, signals a strategic shift toward higher‑margin leisure assets. Investors should watch for the Q2 2026 earnings release, which is expected to confirm the projected EPS of $0.62 and revenue of $1.04 billion, and for guidance on dividend policy and capital allocation, as these factors will shape the REIT’s cash‑flow resilience and valuation narrative.

EPS

EstBeatMiss
$0.47$0.57$0.67$0.77$0.87Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$0.71 - -
Q1'26$0.72$0.61-14.9%
Q4'25$0.70$0.60-14.0%
Q3'25$0.69$0.71+3.4%
Q2'25$0.70$0.83+17.9%
Q1'25$0.69$0.51-24.9%

Revenue

EstBeatMiss
$973M$997M$1.0B$1.0B$1.1BQ1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$1.1B - -
Q1'26$1.0B$1.0B-1.6%
Q4'25$1.0B$1.0B-1.6%
Q3'25 - $1.0B -
Q2'25 - $1.0B -
Q1'25 - $984M -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

VICI Stock Snapshot

VICI is currently trading at $26.08, giving VICI Properties Inc. a market cap of 27.99B and a P/E ratio of 9.0. Today's range spans $26.00–$26.11, with shares opening at $26.02 and moving up $0.01 (0.0%) from the prior close. DailyIQ's technical score sits at 14/100 (SELL) with a news sentiment reading of 66/100.

Over the past year VICI has traded between $25.82 and $34.01 - the current price is +1.0% off the 52-week low and -23.3% from the high. 34 analysts cover the stock with a Buy consensus and a mean 12-month target of $33.46 (range $29.00–$39.00), implying upside of +28.3%.

VICI Properties Inc. (VICI) is a large-cap in Real Estate with 27.99B in market cap, and the current technical read is bearish. Score: 14/100 (SELL). Sentiment: bullish at 66/100. Price: $26.08 (near 52-week lows). The current P/E ratio stands at 9.0. The 52-week range of $25.82–$34.01 provides the structural context, and the current SELL designation suggests that prior support levels are more important to watch than usual.

When a large-cap Real Estate name with 27.99B in capitalization prints a SELL signal (14/100) alongside bullish news sentiment (66/100), the risk isn't just price depreciation — it's the loss of institutional sponsorship that makes recovery harder. At $26.08 (near 52-week lows in the $25.82–$34.01 range), the structural support levels are where that sponsorship question gets answered.