VICI Properties is currently trading at about 9.6 times its expected AFFO with a 7.8% dividend yield, even after raising its guidance and dividend. The market appears to have overreacted to concerns about regional leases, as even a significant 30% rent cut on a key Caesars lease would only reduce AFFO by 8%, keeping the dividend well covered. The intrinsic value of VICI shares is estimated between $31 and $36, suggesting the current price reflects a 25% to 34% discount. With a strong balance sheet, growing AFFO, and resilient rent coverage, VICI offers investors an attractive margin of safety and potential for double-digit annualized returns if market multiples normalize or lease outcomes improve.
VICI Properties trades at USD 23.18 with a 7.83% dividend yield on Pluang as of Sep 29, 2026 02:21 WIB, despite a 1.47% drop in the last day. The stock shows strong investor caution with 98% of orders to sell, reflecting concerns around its lease agreements discussed in the article. Meanwhile, Caesars Entertainment shares are stable at USD 29.61, up slightly by 0.05%, highlighting a contrast in market sentiment between the two linked companies.
VICI Properties is under pressure as its two largest tenants, Caesars and MGM, undergo significant changes—Caesars is going private with increased debt, and MGM failed in its buyout attempt. Rising Treasury yields above 5% and a modest 2.2% dividend ...
Century Casinos has agreed to sell its racing and gaming operations at Century Mile Racetrack and Casino in Edmonton and Century Downs Racetrack and Casino in Calgary to Highfield Investment Group for approximately $16.4 million CAD. This sale will r...
Analysts have mixed views on VICI Properties, a REIT focused on gaming and hospitality properties, with some lowering price targets due to refinancing costs and rent growth limits. Despite these concerns, the company maintains strong fundamentals inc...
