
Vici Properties (VICI) Stock Forecast & Price Target
Vici Properties (VICI) Analyst Ratings
Bulls say
VICI Properties Inc has successfully diversified its revenue streams beyond the traditional casino sector, now incorporating alternative entertainment industries such as golf and theme parks, which positions the company for sustained growth. The recent lease reset with Caesars, which showcased a 6% increase in Las Vegas master lease rents, signifies robust demand and strengthens VICI's financial outlook. Additionally, the company's 5% bottom-line growth, coupled with a credit rating upgrade that underscores the durability of cash flows, reflects its solid financial health and strategic positioning as the largest experiential REIT.
Bears say
VICI Properties faces significant challenges due to potential future impacts from pandemic-related variants that could hinder casino profitability and the timely ability of tenants to fulfill rental obligations. Increasing interest rates pose multiple risks, including potentially dilutive refinancing of debt maturities, less accretive capital allocation, and a possible decline in the valuation of the company's assets. Additionally, economic uncertainties could affect the operational stability of casino operators, further jeopardizing the company's rental income and overall financial performance.
This aggregate rating is based on analysts' research of Vici Properties and is not a guaranteed prediction by Public.com or investment advice.
Vici Properties (VICI) Analyst Forecast & Price Prediction
Start investing in Vici Properties (VICI)
Order type
Buy in
Order amount
Est. shares
0 shares