(VICI) VICI Properties - Ratings and Ratios
Casinos, Hotels, Golf Courses, Entertainment, Leisure
VICI EPS (Earnings per Share)
VICI Revenue
Description: VICI VICI Properties October 14, 2025
VICI Properties Inc. (NYSE: VICI) is an S&P 500-listed experiential REIT that owns and leases a diversified set of high-profile gaming, hospitality, wellness, entertainment and leisure assets, including marquee properties such as Caesars Palace, MGM Grand and The Venetian on the Las Vegas Strip.
The trust currently holds 93 experiential properties across the United States and Canada-54 gaming venues and 39 non-gaming assets-covering roughly 127 million sq ft. This portfolio supports about 60,300 hotel rooms and more than 500 restaurants, bars, nightclubs and sportsbooks, all operated under long-term triple-net leases.
Beyond its core portfolio, VICI has expanded into related experiential sectors through partnerships with developers and operators such as Cabot, Cain International, Canyon Ranch, Great Wolf Resorts and Lucky Strike Entertainment. It also owns four championship golf courses and approximately 33 acres of undeveloped land adjacent to the Las Vegas Strip, providing optional upside for future development.
Key performance indicators to watch include funds-from-operations (FFO) growth-VICI reported a 12 % YoY increase in FY 2023-and the weighted-average lease term, which sits near 15 years, mitigating short-term revenue volatility. The REIT’s earnings are sensitive to macro-economic drivers such as discretionary consumer spending, tourism flows, and interest-rate movements, while the gaming sector’s regulatory environment and the rollout of online betting platforms represent both risk and growth catalysts.
For a deeper, data-driven look at VICI’s valuation assumptions and scenario outcomes, the ValueRay platform offers a transparent toolkit that can help you test and refine your investment thesis.
VICI Stock Overview
| Market Cap in USD | 33,260m |
| Sub-Industry | Other Specialized REITs |
| IPO / Inception | 2017-10-17 |
VICI Stock Ratings
| Growth Rating | 50.8% |
| Fundamental | 65.6% |
| Dividend Rating | 78.4% |
| Return 12m vs S&P 500 | -15.3% |
| Analyst Rating | 4.46 of 5 |
VICI Dividends
| Dividend Yield 12m | 5.65% |
| Yield on Cost 5y | 9.73% |
| Annual Growth 5y | 7.80% |
| Payout Consistency | 100.0% |
| Payout Ratio | 63.5% |
VICI Growth Ratios
| Growth Correlation 3m | -58% |
| Growth Correlation 12m | 77.6% |
| Growth Correlation 5y | 85.2% |
| CAGR 5y | 4.37% |
| CAGR/Max DD 3y (Calmar Ratio) | 0.24 |
| CAGR/Mean DD 3y (Pain Ratio) | 0.71 |
| Sharpe Ratio 12m | -0.22 |
| Alpha | -16.26 |
| Beta | 0.740 |
| Volatility | 17.29% |
| Current Volume | 7495.4k |
| Average Volume 20d | 7893.8k |
| Stop Loss | 30 (-3.1%) |
| Signal | -0.40 |
Piotroski VR‑10 (Strict, 0-10) 2.0
| Net Income (2.76b TTM) > 0 and > 6% of Revenue (6% = 235.6m TTM) |
| FCFTA 0.05 (>2.0%) and ΔFCFTA 0.20pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 521.0% (prev 482.5%; Δ 38.48pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.05 (>3.0%) and CFO 2.45b <= Net Income 2.76b (YES >=105%, WARN >=100%) |
| Net Debt (17.61b) to EBITDA (3.65b) ratio: 4.82 <= 3.0 (WARN <= 3.5) |
| Current Ratio 30.99 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (1.06b) change vs 12m ago 1.37% (target <= -2.0% for YES) |
| Gross Margin 99.32% (prev 99.26%; Δ 0.07pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 8.67% (prev 8.41%; Δ 0.26pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 4.35 (EBITDA TTM 3.65b / Interest Expense TTM 838.5m) >= 6 (WARN >= 3) |
Altman Z'' 3.76
| (A) 0.44 = (Total Current Assets 21.14b - Total Current Liabilities 681.9m) / Total Assets 46.05b |
| (B) 0.05 = Retained Earnings (Balance) 2.36b / Total Assets 46.05b |
| (C) 0.08 = EBIT TTM 3.65b / Avg Total Assets 45.28b |
| (D) 0.13 = Book Value of Equity 2.51b / Total Liabilities 18.61b |
| Total Rating: 3.76 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 65.58
| 1. Piotroski 2.0pt = -3.0 |
| 2. FCF Yield 4.82% = 2.41 |
| 3. FCF Margin 62.44% = 7.50 |
| 4. Debt/Equity 0.66 = 2.29 |
| 5. Debt/Ebitda 4.82 = -2.50 |
| 6. ROIC - WACC (= 2.25)% = 2.81 |
| 7. RoE 10.37% = 0.86 |
| 8. Rev. Trend 90.44% = 6.78 |
| 9. EPS Trend -31.41% = -1.57 |
What is the price of VICI shares?
Over the past week, the price has changed by -0.77%, over one month by -4.88%, over three months by -3.34% and over the past year by +1.11%.
Is VICI Properties a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of VICI is around 30.02 USD . This means that VICI is currently overvalued and has a potential downside of -3.07%.
Is VICI a buy, sell or hold?
- Strong Buy: 14
- Buy: 7
- Hold: 3
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the VICI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 36.9 | 19.2% |
| Analysts Target Price | 36.9 | 19.2% |
| ValueRay Target Price | 32.8 | 5.7% |
VICI Fundamental Data Overview October 27, 2025
P/E Trailing = 11.9502
P/E Forward = 11.3379
P/S = 8.4712
P/B = 1.2923
Beta = 0.74
Revenue TTM = 3.93b USD
EBIT TTM = 3.65b USD
EBITDA TTM = 3.65b USD
Long Term Debt = 16.92b USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 17.84b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 17.61b USD (from netDebt column, last quarter)
Enterprise Value = 50.87b USD (33.26b + Debt 17.84b - CCE 233.0m)
Interest Coverage Ratio = 4.35 (Ebit TTM 3.65b / Interest Expense TTM 838.5m)
FCF Yield = 4.82% (FCF TTM 2.45b / Enterprise Value 50.87b)
FCF Margin = 62.44% (FCF TTM 2.45b / Revenue TTM 3.93b)
Net Margin = 70.20% (Net Income TTM 2.76b / Revenue TTM 3.93b)
Gross Margin = 99.32% ((Revenue TTM 3.93b - Cost of Revenue TTM 26.5m) / Revenue TTM)
Gross Margin QoQ = 99.34% (prev 99.35%)
Tobins Q-Ratio = 1.10 (Enterprise Value 50.87b / Total Assets 46.05b)
Interest Expense / Debt = 1.20% (Interest Expense 213.8m / Debt 17.84b)
Taxrate = 0.63% (5.56m / 883.9m)
NOPAT = 3.62b (EBIT 3.65b * (1 - 0.63%))
Current Ratio = 30.99 (Total Current Assets 21.14b / Total Current Liabilities 681.9m)
Debt / Equity = 0.66 (Debt 17.84b / totalStockholderEquity, last quarter 27.02b)
Debt / EBITDA = 4.82 (Net Debt 17.61b / EBITDA 3.65b)
Debt / FCF = 7.18 (Net Debt 17.61b / FCF TTM 2.45b)
Total Stockholder Equity = 26.57b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.98% (Net Income 2.76b / Total Assets 46.05b)
RoE = 10.37% (Net Income TTM 2.76b / Total Stockholder Equity 26.57b)
RoCE = 8.38% (EBIT 3.65b / Capital Employed (Equity 26.57b + L.T.Debt 16.92b))
RoIC = 8.35% (NOPAT 3.62b / Invested Capital 43.38b)
WACC = 6.10% (E(33.26b)/V(51.10b) * Re(8.74%) + D(17.84b)/V(51.10b) * Rd(1.20%) * (1-Tc(0.01)))
Discount Rate = 8.74% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.93%
[DCF Debug] Terminal Value 77.18% ; FCFE base≈2.38b ; Y1≈2.61b ; Y5≈3.33b
Fair Price DCF = 47.72 (DCF Value 50.89b / Shares Outstanding 1.07b; 5y FCF grow 10.97% → 3.0% )
EPS Correlation: -31.41 | EPS CAGR: -57.08% | SUE: -4.0 | # QB: 0
Revenue Correlation: 90.44 | Revenue CAGR: 11.00% | SUE: 1.73 | # QB: 1
Additional Sources for VICI Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle