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Upturn AI SWOT - About
VICI 
VICI Properties Inc (VICI)
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Upturn Advisory Summary
08/14/2025: VICI (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
24 Analysts rated it
Well-followed company, solid analyst reports, reliable data for confident investing.
1 Year Target Price $36.59
1 Year Target Price $36.59
| 14 | Strong Buy |
| 7 | Buy |
| 3 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 0.96% | Avg. Invested days 32 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 34.66B USD | Price to earnings Ratio 12.45 | 1Y Target Price 36.59 |
Price to earnings Ratio 12.45 | 1Y Target Price 36.59 | ||
Volume (30-day avg) 24 | Beta 0.71 | 52 Weeks Range 27.24 - 34.01 | Updated Date 08/15/2025 |
52 Weeks Range 27.24 - 34.01 | Updated Date 08/15/2025 | ||
Dividends yield (FY) 5.31% | Basic EPS (TTM) 2.61 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-07-29 | When Before Market | Estimate 0.6895 | Actual 0.6917 |
Profitability
Profit Margin 70.2% | Operating Margin (TTM) 109.3% |
Management Effectiveness
Return on Assets (TTM) 5.01% | Return on Equity (TTM) 10.45% |
Valuation
Trailing PE 12.45 | Forward PE 11.78 | Enterprise Value 52262205785 | Price to Sales(TTM) 8.83 |
Enterprise Value 52262205785 | Price to Sales(TTM) 8.83 | ||
Enterprise Value to Revenue 13.31 | Enterprise Value to EBITDA 14.32 | Shares Outstanding 1066369984 | Shares Floating 1062360228 |
Shares Outstanding 1066369984 | Shares Floating 1062360228 | ||
Percent Insiders 0.27 | Percent Institutions 102.29 |
Upturn AI SWOT
VICI Properties Inc
Company Overview
History and Background
VICI Properties Inc. was formed in 2017 as part of Caesars Entertainment's bankruptcy restructuring. It is a real estate investment trust (REIT) specializing in gaming, hospitality, and entertainment destinations.
Core Business Areas
- Gaming Properties: VICI Properties owns a portfolio of gaming facilities leased to operators like Caesars Entertainment, MGM Resorts, and Penn National Gaming.
- Hospitality and Entertainment: The portfolio includes hotels, restaurants, golf courses, and entertainment venues.
Leadership and Structure
Edward Pitoniak serves as the Chief Executive Officer. The company has a board of directors and a typical REIT organizational structure.
Top Products and Market Share
Key Offerings
- Gaming Real Estate: VICI Properties' primary product is its portfolio of gaming real estate leased to various operators. VICI dominates the gaming REIT space. Competitors include GLPI and MGP (now part of VICI).
- Revenue: The main revenue source is through leases on their gaming properties.
- Hospitality Real Estate: The company also owns and leases hospitality and entertainment properties, which contribute to its overall revenue. Competitors: Similar REITs in the hospitality space, such as Host Hotels & Resorts.
Market Dynamics
Industry Overview
The gaming and hospitality industry is characterized by cyclical demand, regulatory oversight, and capital-intensive operations. REITs provide capital for operators.
Positioning
VICI Properties is a leading REIT in the gaming and hospitality sector, with a large and diversified portfolio. Its scale provides a competitive advantage.
Total Addressable Market (TAM)
The TAM for gaming and hospitality REITs is substantial, driven by the capital needs of operators. VICI is well-positioned to capture a significant portion of this market.
Upturn SWOT Analysis
Strengths
- Large and diversified portfolio
- Strong tenant relationships
- Experienced management team
- High-barrier-to-entry assets
Weaknesses
- Concentration risk with key tenants
- Exposure to economic cycles
- Interest rate sensitivity
- Reliance on gaming industry performance
Opportunities
- Acquisitions of new properties
- Expansion into new markets
- Development of existing properties
- Strategic partnerships
Threats
- Economic downturns
- Regulatory changes
- Increased competition
- Tenant bankruptcies
Competitors and Market Share
Key Competitors
- GLPI
- MGM
Competitive Landscape
VICI Properties has a larger portfolio than its competitors, providing a competitive advantage. GLPI is another major player. MGM Resorts is also a competitor because of their ownership of properties but mainly focuses on operations.
Major Acquisitions
MGM Growth Properties (MGP)
- Year: 2022
- Acquisition Price (USD millions): 17200
- Strategic Rationale: Expanded VICI's portfolio significantly, adding properties like Mandalay Bay and MGM Grand. Increased scale and diversification.
Growth Trajectory and Initiatives
Historical Growth: VICI Properties has experienced rapid growth through acquisitions and strategic partnerships.
Future Projections: Analysts project continued growth in revenue and FFO, driven by acquisitions and organic growth.
Recent Initiatives: Recent initiatives include acquisitions of new properties, partnerships with gaming operators, and development projects.
Summary
VICI Properties is a strong player in the gaming REIT sector, benefiting from its large and diversified portfolio and strong tenant relationships. Its aggressive acquisitions strategy has fueled significant growth, but it needs to carefully manage its debt and tenant concentration. The company's future success depends on the continued health of the gaming and hospitality industries and its ability to execute on strategic growth opportunities.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC filings
- Analyst reports
- Industry publications
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market conditions and company performance are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About VICI Properties Inc
Exchange NYSE | Headquaters New York, NY, United States | ||
IPO Launch date 2017-10-17 | CEO & Director Mr. Edward Baltazar Pitoniak | ||
Sector Real Estate | Industry REIT - Diversified | Full time employees 27 | Website https://www.viciproperties.com |
Full time employees 27 | Website https://www.viciproperties.com | ||
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 International, 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.
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