Investors Reap Benefits of 6% Yield and Growth Potential with VICI Properties REIT

☀️Trending News

VICI ($NYSE:VICI) Properties is an ideal real estate investment trust (REIT) for investors looking for both yield and growth potential. Furthermore, VICI has the potential for long-term capital appreciation as a result of its portfolio of leading gaming and hospitality properties. Since then, it has acquired many high-profile properties that have diversified its revenue sources and enabled it to expand its global footprint. This extensive portfolio has been well-received by the market and VICI Properties has been able to generate strong cash flows from its operations.

Its positive outlook for the future is bolstered by its portfolio of premier properties and its strategic capital allocation. Its 6% dividend yield offers investors a steady stream of income while its portfolio of premier gaming and hospitality properties provides potential for long-term capital appreciation.

Analysis

After performing the analysis, GoodWhale concluded that VICI PROPERTIES is in a strong position. According to our Star Chart, VICI PROPERTIES is strong in asset, dividend, growth, and profitability. We classified VICI PROPERTIES as a ‘cow’, a type of company that is known for reliably paying out consistent and sustainable dividends. Given these strong fundamentals, we believe that VICI PROPERTIES may attract the attention of investors looking for steady income or long-term capital appreciation. Moreover, VICI PROPERTIES has a high health score of 8/10 considering its cashflows and debt, which indicates that the company is capable of safely riding out any crisis without the risk of bankruptcy. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Vici Properties. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Vici Properties. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Vici Properties. More…

Key Ratios Snapshot

Some of the financial key ratios for Vici Properties are shown below. More…

Peers

The commercial real estate market is highly competitive. Its main competitors are Realty Income Corp, W.P. Carey Inc, and STORE Capital Corp. All of these companies are well-established and have a significant presence in the market. VICI Properties Inc has a competitive advantage in terms of its size and scale, as well as its experience and expertise.

– Realty Income Corp ($NYSE:O)

Realty Income Corporation, together with its wholly-owned subsidiaries, is a real estate investment trust that focuses on the acquisition of net-leased commercial properties in the United States. As of December 31, 2020, the Company’s portfolio consisted of 5,741 properties leased to 492 commercial tenants in 48 states.

– W.P. Carey Inc ($NYSE:WPC)

W.P. Carey Inc is a real estate investment trust that owns and operates a diversified portfolio of properties across the United States. The company has a market cap of 15.41B as of 2022. The company’s portfolio consists of office buildings, warehouses, retail properties, and hotels. The company’s properties are leased to a variety of tenants, including Fortune 500 companies, government agencies, and non-profit organizations.

– STORE Capital Corp ($NYSE:STOR)

As of 2022, STORE Capital Corporation has a market capitalization of $8.94 billion. The company is a real estate investment trust that primarily invests in single-tenant net-leased properties across the United States.

Summary

VICI Properties is a REIT that offers investors a high yield of 6%. It is a great option for both income and growth investing, as it is focused on the acquisition, ownership and financing of gaming and hospitality properties. Additionally, VICI has the ability to diversify its revenue stream by owning various assets and types of real estate. It also has a strong balance sheet and access to capital, giving it the flexibility to pursue attractive opportunities.