In the latest trading session, VICI Properties Inc. (VICI - Free Report) closed at $26.73, marking a +1.56% move from the previous day. This move outpaced the S&P 500's daily gain of 0.05%. Meanwhile, the Dow gained 0.46%, and the Nasdaq, a tech-heavy index, lost 0.64%.
The company's stock has dropped by 0.79% in the past month, falling short of the Finance sector's gain of 1.74% and the S&P 500's gain of 0.61%.
Market participants will be closely following the financial results of VICI Properties Inc. in its upcoming release. The company plans to announce its earnings on July 29, 2026. The company's upcoming EPS is projected at $0.62, signifying a 3.33% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $1.04 billion, showing a 4.08% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.46 per share and a revenue of $4.19 billion, representing changes of +3.36% and +4.51%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for VICI Properties Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been a 0.1% rise in the Zacks Consensus EPS estimate. At present, VICI Properties Inc. boasts a Zacks Rank of #3 (Hold).
Looking at valuation, VICI Properties Inc. is presently trading at a Forward P/E ratio of 10.69. This denotes a discount relative to the industry average Forward P/E of 13.51.
The REIT and Equity Trust - Other industry is part of the Finance sector. With its current Zacks Industry Rank of 60, this industry ranks in the top 25% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
VICI Properties offers a high, well-covered dividend and strong cash flows, making it attractive for income-focused investors. The Caesars buyout could trigger property divestitures and new sale-leasebacks, reducing VICI's tenant concentration risk. VICI's 6.84 percent forward dividend yield is well covered by AFFO with a 1.36 times coverage ratio.
Andra AP fonden reduced its holdings in VICI Properties Inc. (NYSE:VICI – Free Report) by 73.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 159,784 shares of the company’s stock after selling 450,416 shares during the quarter. Andra AP fonden’s holdings in VICI Properties were worth $4,365,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of the business. Johnson Financial Group Inc. grew its holdings in VICI Properties by 20.3% during the first quarter. Johnson Financial Group Inc. now owns 76,097 shares of the company’s stock worth $2,109,000 after acquiring an additional 12,851 shares during the period. Convergence Investment Partners LLC grew its stake in shares of VICI Properties by 77.7% during the 1st quarter. Convergence Investment Partners LLC now owns 58,828 shares of the company’s stock worth $1,607,000 after purchasing an additional 25,720 shares during the period. Dimensional Fund Advisors LP boosted its holdings in VICI Properties by 2.3% during the first quarter. Dimensional Fund Advisors LP now owns 15,457,602 shares of the company’s stock worth $422,294,000 after buying an additional 344,355 shares in the last quarter. Parallel Advisors LLC boosted its holdings in VICI Properties by 49.7% during the first quarter. Parallel Advisors LLC now owns 16,009 shares of the company’s stock worth $437,000 after buying an additional 5,315 shares in the last quarter. Finally, KBC Group NV grew its position in VICI Properties by 24.1% during the first quarter. KBC Group NV now owns 262,189 shares of the company’s stock worth $7,163,000 after buying an additional 50,865 shares during the period. 97.71% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth A number of equities research analysts recently weighed in on VICI shares. Deutsche Bank Aktiengesellschaft set a $31.00 price target on VICI Properties in a report on Monday, May 4th. Wells Fargo & Company dropped their price target on VICI Properties from $29.00 to $27.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 15th. Scotiabank cut their price target on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a research note on Thursday, June 18th. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research report on Wednesday, June 24th. Finally, Royal Bank Of Canada initiated coverage on shares of VICI Properties in a research note on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 price objective on the stock. Six analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, VICI Properties presently has an average rating of “Hold” and a consensus price target of $31.77.
Check Out Our Latest Report on VICI
VICI Properties Stock Performance VICI stock opened at $26.59 on Thursday. The company has a market cap of $28.43 billion, a P/E ratio of 9.11 and a beta of 0.65. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.62 and a quick ratio of 3.62. VICI Properties Inc. has a 1 year low of $25.82 and a 1 year high of $34.01. The stock’s fifty day moving average price is $27.32 and its 200-day moving average price is $28.11.
VICI Properties (NYSE:VICI – Get Free Report) last announced its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.11. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The company had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same period in the previous year, the business posted $0.58 earnings per share. The firm’s quarterly revenue was up 3.5% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, equities analysts forecast that VICI Properties Inc. will post 2.46 earnings per share for the current year.
VICI Properties Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 18th were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.8%. The ex-dividend date of this dividend was Thursday, June 18th. VICI Properties’s dividend payout ratio (DPR) is presently 61.64%.
About VICI Properties (Free Report)
VICI Properties (NYSE: VICI) is a publicly traded real estate investment trust (REIT) that specializes in experiential real estate, with a primary focus on gaming, hospitality and entertainment assets. The company acquires, owns and manages a portfolio of destination properties and leases those assets to operators under long-term agreements, generating rental income and partnering on property development and capital projects. VICI was formed in connection with the restructuring of Caesars Entertainment and has since grown through acquisitions and strategic transactions to expand its footprint in the gaming and leisure sector.
The company’s portfolio is concentrated in major U.S.
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California Public Employees Retirement System cut its stake in shares of VICI Properties Inc. (NYSE:VICI – Free Report) by 8.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,822,754 shares of the company’s stock after selling 266,956 shares during the period. California Public Employees Retirement System owned about 0.26% of VICI Properties worth $77,118,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. NewEdge Advisors LLC increased its position in VICI Properties by 204.4% during the first quarter. NewEdge Advisors LLC now owns 37,580 shares of the company’s stock valued at $1,226,000 after acquiring an additional 25,234 shares during the last quarter. Woodline Partners LP boosted its position in VICI Properties by 41.3% in the first quarter. Woodline Partners LP now owns 89,062 shares of the company’s stock worth $2,905,000 after purchasing an additional 26,017 shares during the last quarter. Jump Financial LLC grew its stake in shares of VICI Properties by 45.0% during the 2nd quarter. Jump Financial LLC now owns 26,597 shares of the company’s stock valued at $867,000 after purchasing an additional 8,259 shares during the period. Treasurer of the State of North Carolina grew its stake in shares of VICI Properties by 96.0% during the 2nd quarter. Treasurer of the State of North Carolina now owns 976,778 shares of the company’s stock valued at $31,843,000 after purchasing an additional 478,538 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of VICI Properties by 1.3% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 210,846 shares of the company’s stock valued at $6,860,000 after purchasing an additional 2,775 shares during the last quarter. 97.71% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In Several equities analysts have recently weighed in on VICI shares. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research note on Wednesday, June 24th. Barclays boosted their target price on shares of VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. Royal Bank Of Canada began coverage on shares of VICI Properties in a report on Thursday, June 25th. They set a “sector perform” rating and a $29.00 target price for the company. Deutsche Bank Aktiengesellschaft set a $31.00 price target on shares of VICI Properties in a research report on Monday, May 4th. Finally, Scotiabank dropped their price target on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research note on Thursday, June 18th. Seven equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, VICI Properties currently has an average rating of “Moderate Buy” and an average target price of $32.21.
Get Our Latest Stock Report on VICI
VICI Properties Stock Up 0.0% NYSE VICI opened at $26.88 on Monday. The stock’s 50-day moving average price is $27.44 and its 200-day moving average price is $28.15. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59. VICI Properties Inc. has a 52 week low of $25.82 and a 52 week high of $34.01. The company has a market capitalization of $28.74 billion, a P/E ratio of 9.21 and a beta of 0.65.
VICI Properties (NYSE:VICI – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.71 by $0.11. The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The firm’s revenue was up 3.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, equities research analysts predict that VICI Properties Inc. will post 2.46 earnings per share for the current year.
VICI Properties Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date was Thursday, June 18th. VICI Properties’s dividend payout ratio is presently 61.64%.
VICI Properties Profile (Free Report)
VICI Properties (NYSE: VICI) is a publicly traded real estate investment trust (REIT) that specializes in experiential real estate, with a primary focus on gaming, hospitality and entertainment assets. The company acquires, owns and manages a portfolio of destination properties and leases those assets to operators under long-term agreements, generating rental income and partnering on property development and capital projects. VICI was formed in connection with the restructuring of Caesars Entertainment and has since grown through acquisitions and strategic transactions to expand its footprint in the gaming and leisure sector.
The company’s portfolio is concentrated in major U.S.
See Also Five stocks we like better than VICI Properties Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks Want to see what other hedge funds are holding VICI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VICI Properties Inc. (NYSE:VICI – Free Report).
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Aviance Capital Partners LLC bought a new stake in VICI Properties Inc. (NYSE:VICI – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 32,813 shares of the company’s stock, valued at approximately $896,000.
Several other institutional investors also recently modified their holdings of VICI. Norges Bank bought a new stake in shares of VICI Properties during the fourth quarter worth approximately $537,676,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in VICI Properties by 31,134.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,218,191 shares of the company’s stock valued at $287,336,000 after acquiring an additional 10,185,477 shares during the last quarter. Man Group plc grew its holdings in VICI Properties by 100.6% during the 4th quarter. Man Group plc now owns 11,406,537 shares of the company’s stock worth $320,752,000 after acquiring an additional 5,720,867 shares during the period. Voloridge Investment Management LLC grew its holdings in VICI Properties by 247.8% during the 4th quarter. Voloridge Investment Management LLC now owns 7,792,028 shares of the company’s stock worth $219,112,000 after acquiring an additional 5,551,620 shares during the period. Finally, SG Americas Securities LLC raised its position in shares of VICI Properties by 1,001.4% during the 1st quarter. SG Americas Securities LLC now owns 5,659,186 shares of the company’s stock valued at $154,609,000 after acquiring an additional 5,145,372 shares during the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.
VICI Properties Trading Up 0.0% Shares of NYSE VICI opened at $26.88 on Monday. VICI Properties Inc. has a twelve month low of $25.82 and a twelve month high of $34.01. The stock has a market cap of $28.74 billion, a price-to-earnings ratio of 9.21 and a beta of 0.65. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59. The company’s fifty day moving average is $27.44 and its 200-day moving average is $28.15.
VICI Properties (NYSE:VICI – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.11. The business had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.01 billion. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The firm’s quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Equities research analysts predict that VICI Properties Inc. will post 2.46 EPS for the current year.
VICI Properties Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.7%. VICI Properties’s dividend payout ratio (DPR) is currently 61.64%.
Analysts Set New Price Targets A number of research analysts have recently weighed in on VICI shares. Barclays increased their price target on VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a report on Wednesday, June 24th. Royal Bank Of Canada initiated coverage on VICI Properties in a research note on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 target price on the stock. Deutsche Bank Aktiengesellschaft set a $31.00 target price on VICI Properties in a report on Monday, May 4th. Finally, Wells Fargo & Company decreased their target price on VICI Properties from $29.00 to $27.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 15th. Seven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, VICI Properties has a consensus rating of “Moderate Buy” and a consensus price target of $32.21.
Check Out Our Latest Research Report on VICI
VICI Properties Company Profile (Free Report)
VICI Properties (NYSE: VICI) is a publicly traded real estate investment trust (REIT) that specializes in experiential real estate, with a primary focus on gaming, hospitality and entertainment assets. The company acquires, owns and manages a portfolio of destination properties and leases those assets to operators under long-term agreements, generating rental income and partnering on property development and capital projects. VICI was formed in connection with the restructuring of Caesars Entertainment and has since grown through acquisitions and strategic transactions to expand its footprint in the gaming and leisure sector.
The company’s portfolio is concentrated in major U.S.
Further Reading Five stocks we like better than VICI Properties Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks Want to see what other hedge funds are holding VICI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VICI Properties Inc. (NYSE:VICI – Free Report).
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VICI Properties Inc. (VICI - Free Report) ended the recent trading session at $26.87, demonstrating a -1.03% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 1.01%. Meanwhile, the Dow experienced a drop of 0.77%, and the technology-dominated Nasdaq saw a decrease of 1.4%.
Shares of the company have appreciated by 3.31% over the course of the past month, outperforming the Finance sector's gain of 2.6%, and the S&P 500's gain of 0.32%.
Market participants will be closely following the financial results of VICI Properties Inc. in its upcoming release. The company plans to announce its earnings on July 29, 2026. In that report, analysts expect VICI Properties Inc. to post earnings of $0.62 per share. This would mark year-over-year growth of 3.33%. Alongside, our most recent consensus estimate is anticipating revenue of $1.04 billion, indicating a 4.08% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $2.46 per share and revenue of $4.19 billion, which would represent changes of +3.36% and +4.51%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for VICI Properties Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.05% upward. VICI Properties Inc. is holding a Zacks Rank of #2 (Buy) right now.
From a valuation perspective, VICI Properties Inc. is currently exchanging hands at a Forward P/E ratio of 11.03. This signifies a discount in comparison to the average Forward P/E of 13.84 for its industry.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 56, finds itself in the top 23% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
The constant barrage of artificial intelligence driving the hyperscaler complex massive spending spree is starting to fatigue many investors. With a war still in progress, albeit on a regional basis, in two sections of the world and government spending exploding the deficit higher, many across Wall Street are starting to agree that something has to give at some point, and it may be soon. With second-quarter earnings in full force, they need to come in strong with positive forward guidance. With the S&P 500 trading at 25.7 times trailing earnings, valuations as high as those of the dot-com era, many investors may be starting to wobble. Add in the forward 12-month earnings price to earnings at 23, which is also above the historical average of 18, and trouble could be brewing.
Hopes for rate cuts are effectively out the window, at least for now, as sticky inflation and higher energy prices could crimp corporate margins, and a cooling labor market adds in all the ingredients for a 10% sell-off. Add in the fact that July is a notoriously troublesome month for momentum investors, and many may want to derisk a high-beta portfolio while staying invested. We screened our 24/7 Wall St. defensive high-yield stock database for stocks investors could shift to now that are likely to hold up far better during a 10% or bigger sell-off. Five of our favorite companies hit our screens, and all are Buy-rated at the top Wall Street firms we cover, and all have paid dependable dividends uninterrupted for years.
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Altria This is one of the world’s largest producers and marketers of tobacco, cigarettes, and related products. This tobacco company offers value investors a great entry point. Altria (NYSE:MO | MO Price Prediction) manufactures and sells smokable and oral tobacco products in the United States. Altria is the undisputed yield leader among consumer staples Dividend Kings.
Altria leads its peer group with a high yet secure 5.91% dividend yield, backed by a stable 82% cash payout ratio. The company’s core strength relies on Marlboro, which holds a durable 40% share of the U.S. cigarette market and leverages pricing power to offset volume declines. Additionally, Altria’s low beta of 0.51 provides defensive, low-volatility insulation during broader market downturns.
The company primarily sells cigarettes under the Marlboro brand, as well as:
Cigars and pipe tobacco, principally under the Black & Mild and Middleton brands Moist smokeless tobacco and snus products under the Copenhagen, Skoal, Red Seal, and Husky brands on! Oral nicotine pouches e-vapor products under the NJOY ACE brand It sells its tobacco products primarily to wholesalers, including distributors and large retail organizations, such as chain stores.
Altria used to own over 10% of Anheuser-Busch InBev (NYSE: BUD), the world’s largest brewer. Last year, the company sold 35 million of its 197 million shares through a global secondary offering. That represents 18% of its holdings but still leaves 8% of the outstanding shares in its back pocket. Altria also announced a $2.4 billion stock repurchase plan partially funded by the sale.
UBS has a Buy rating with a $79 price target.
Enbridge Enbridge (NYSE:ENB) owns and operates pipelines throughout Canada and the United States. This is an off-the-radar idea based in Canada, poised to break out to new highs soon, and pays a rich 6.96% dividend. Enbridge operates as an energy infrastructure company. Enbridge announced its 31st consecutive annual dividend increase in 2026, lifting the payout by another 3%, and has paid dividends for over 70 years. With roughly 98% of its annual earnings backed by long-term, fixed-rate contracts and regulated rate structures, the company stands out as one of the most defensive and reliable plays in the energy infrastructure sector. The company is the largest natural gas utility in North America by volume, delivering about 9.3 billion cubic feet daily to 7.1 million customers with a toll-road-like model that’s less exposed to price swings.
The company operates through five segments:
Liquids Pipelines Gas Transmission and Midstream Gas Distribution and Storage Renewable Power Generation Energy Services The Liquids Pipelines segment operates pipelines and related terminals in Canada and the United States to transport various grades of crude oil and other liquid hydrocarbons.
The Gas Transmission and Midstream segment invests in natural gas pipelines and gathering and processing facilities in Canada and the United States.
The Gas Distribution and Storage segment is involved in natural gas utility operations, serving residential, commercial, and industrial customers in Ontario, as well as in natural gas distribution and energy transportation activities in Quebec.
The Renewable Power Generation segment operates power-generating assets, including wind, solar, geothermal, and waste heat recovery facilities, as well as transmission assets, in North America and Europe.
The Energy Services segment provides energy marketing services to refiners, producers, and other customers, as well as physical commodity marketing and logistical services in Canada and the United States.
Royal Bank of Canada has an Outperform rating and a $79 target price.
Realty Income This real estate investment trust has paid monthly dividends consistently for years. Top-rated Realty Income (NYSE:O) owns over 15,500 properties with a 98.9% occupancy rate across 1,761 tenants in 92 industries, many in strong categories like grocery stores and dollar stores. Occupancy has never fallen below 96.6% this century, even during the Great Recession and the COVID-19 pandemic. This is an ideal stock for growth and income investors seeking a safer contrarian idea for the rest of 2026, with a 5.12% dividend yield. Realty Income is an S&P 500 company that acquires and manages freestanding commercial properties that generate rental revenue under long-term net lease agreements with its commercial clients.
It is engaged in a single business activity: leasing property to clients, generally on a net basis. This business activity spans various geographic boundaries and encompasses a range of property types and clients across multiple industries. Widely considered the gold standard of monthly dividend stocks, Realty Income has been paying dividends since 1969. It has paid 667 consecutive monthly dividends as of early 2026 and increased its dividend 132 times since its 1994 IPO.
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The company owns or holds interests in approximately 15,621 properties in all 50 states and:
United Kingdom France Germany Ireland Italy Portugal Spain With clients operating in 89 industries, its property types include retail, industrial, gaming, and other categories such as agriculture and office.
Its primary industry concentrations include:
Grocery stores Convenience stores Dollar stores Drug stores Home improvement stores Restaurants Quick service Jefferies has a Buy rating with a $69 target price.
VICI Properties Vici Properties (NYSE:VICI) is a real estate investment trust based in New York City that specializes in casino and entertainment properties, paying a stellar dividend yield of 6.88%. This is one of the top picks across Wall Street in the net lease group and is ideal for more conservative investors seeking gaming exposure and a substantial dividend. It is an S&P 500 experiential REIT with one of the largest portfolios of market-leading gaming, hospitality, and entertainment destinations, including three iconic entertainment facilities on the Las Vegas Strip:
Caesars Palace Las Vegas MGM Grand The Venetian Resort Las Vegas VICI Properties owns 93 experiential assets across a geographically diverse portfolio of 54 gaming properties and 39 other experiential properties across the United States and Canada. The portfolio comprises approximately 127 million square feet and features approximately 60,300 hotel rooms, as well as over 500 restaurants, bars, nightclubs, and sportsbooks. Gaming revenue has proven remarkably resilient in recent downturns, and its triple-net lease structure means it collects rent regardless of tenant profitability swings.
Its properties are occupied by industry-leading gaming, leisure, and hospitality operators under these long-term, triple-net lease agreements.
VICI Properties has a growing array of real estate and financing partnerships with leading operators in other experiential sectors, including:
Bowlero Cabot Canyon Ranch Chelsea Piers Great Wolf Resorts Homefield Kalahari Resorts VICI Properties also owns four championship golf courses and 33 acres of undeveloped and underdeveloped land adjacent to the Las Vegas Strip.
The Bank of America price target for the Buy-rated shares is $34.
Verizon Verizon Communications (NYSE:VZ) is an American multinational telecommunications company that continues to offer tremendous value. It trades at 9.13 times its estimated 2026 earnings and pays a 6.66% dividend. Verizon provides a range of communications, technology, information, and entertainment products and services to consumers, businesses, and government entities worldwide.
Verizon’s trailing 12-month interest coverage ratio is 4.6× to 5×, providing ample cushion for dividend payments. With a very predictable revenue stream from telecom services, the company has less exposure to commodity cycles. In addition, the large scale helps in financing and absorbing shocks. Publish rep[orts indicate that management has increased the dividend for 20 consecutive years and expects at least $21.5 billion in free cash flow this year.
It operates in two segments:
Verizon Consumer Group Verizon Business Group The Consumer segment provides wireless services across the United States through Verizon and TracFone networks, as well as through wholesale and other arrangements. It also provides fixed wireless access (FWA) broadband through its wireless networks and related equipment and devices, such as:
Smartphones Tablets Smartwatches Other wireless-enabled connected devices The segment also offers wireline services in the Mid-Atlantic and northeastern United States through its fiber-optic network, Verizon Fios product portfolio, and copper-based network.
The Business segment provides wireless and wireline communications services and products, including:
FWA broadband Data Video and conferencing Corporate networking Security and managed network Local and long-distance voice Network access services to deliver various IoT services and products to businesses, government customers, and wireless and wireline carriers in the United States and internationally.
Raymond James has an Outperform rating with a $56 target price.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Verizon didn't make the cut. Grab the names FREE today.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
The analysis is provided exclusively for informational purposes and should not be considered professional investment advice. Before investing, please conduct personal in-depth research and utmost due diligence, as there are many risks associated with the trade, including capital loss.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
VICI Properties trades at a depressed 11.24x P/AFFO, well below its historical average, offering 36% potential upside on mean reversion. VICI maintains a fortress balance sheet with a conservative 35% leverage and a 4.0x interest coverage ratio, supporting investment-grade ratings. The 6.62% dividend yield is well-covered by a 73% AFFO payout ratio, with AFFO per share growing 4.5% year-over-year.
Key Takeaways VICI owns 100 experiential assets after the Golden Entertainment acquisition, with 100% rent collection.VICI's leases average about 39.7 years, with many rents tied to CPI-linked escalators for growth.VICI maintained investment-grade ratings and about $3.1B liquidity to support acquisitions and investments. VICI Properties (VICI - Free Report) boasts a high-quality portfolio of market-leading gaming, hospitality and entertainment destinations. Its mission-critical assets and long-term lease agreements with its tenants assure stable rental revenues. A healthy balance sheet position is likely to support its growth endeavors.
Analysts seem bullish on VICI Properties. The Zacks Consensus Estimate for VICI’s 2026 FFO per share has moved 1 cent northward over the past two months to $2.46.
Over the past three months, shares of this Zacks Rank #2 (Buy) company have declined 1.7% against the industry’s 7.4% growth.
Image Source: Zacks Investment Research
Factors That Make VICI Properties a Solid PickPortfolio Scale and Mission-Critical Assets: VICI Properties’ well-diversified portfolio is located across urban, destination and drive-to markets in 26 states in the United States and one Canadian province. As of April 30, 2026, following the Golden Entertainment acquisition, VICI Properties owned 100 experiential assets across gaming and other experiential categories. The portfolio’s high replacement costs and gaming regulatory requirements reinforce tenant stickiness because operators cannot easily relocate without material cost and approvals.
This structure supports consistent rent collection and helps VICI Properties sustain relevance across market cycles. Since the company’s formation in 2017, it has grown its adjusted EBITDA by 375% while maintaining a 100% rent collection rate.
Long Lease Duration and Inflation-Linked Rent Growth: VICI Properties’ portfolio is backed by long-term leases with established operators, typically spanning decades with multiple renewal options. As of May 1, 2026, the pro forma weighted average lease term, including renewal options, was about 39.7 years, providing strong visibility into contractual cash flows.
Rent escalators are a key feature of VICI’s portfolio, with about 45% of the 2026E rent roll subject to CPI-linked escalation, expanding to 87% over the long term, subject to caps. This framework supports cash flow growth that tracks inflation while reducing reliance on spot market leasing.
Investment-Grade Balance Sheet and Liquidity: VICI Properties continues to operate within its stated leverage framework, with net debt to annualized first-quarter 2026 adjusted EBITDA around 5X, which management described as the low end of its 5.0-5.5X target range. Total debt was about $17.1 billion as of March 31, 2026, and the company ended the quarter with about $3.1 billion of liquidity, including cash and revolver capacity. The company also maintained investment-grade ratings (Baa3/BBB-/BBB- with stable outlooks), supporting access to multiple funding channels as it pursues acquisitions and structured investments.
Dividend Durability Supported by AFFO Growth: Solid dividend payouts remain the biggest attraction for REIT investors, and VICI Properties remains committed to that. The company has increased its dividend 100% every year since its formation. With a 6.3% compound annual growth rate (CAGR) since the third quarter of 2018, its dividend growth outpaces that of many peers in the triple-net REIT sector.
The company’s commitment to returning 75% of adjusted funds from operations (AFFO) to shareholders ensures a steady income stream. Given a robust operating platform and decent financial position, its dividend distribution is expected to remain sustainable over the long run.
Other Stocks to ConsiderSome other top-ranked stocks from the broader REIT sector are Cousins Properties (CUZ - Free Report) and Welltower (WELL - Free Report) , each carrying a Zacks Rank of #2 at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for CUZ’s 2026 FFO per share is pegged at $2.95, which indicates year-over-year growth of 3.87%.
The Zacks Consensus Estimate for WELL’s full-year FFO per share is pinned at $6.32, which calls for an increase of 19.47% from the year-ago period’s level.
Note: Anything related to earnings presented in this write-up represents FFO, a widely used metric to gauge the performance of REITs.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of VICI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Buying quality dividend stocks when they're low can be a great move. Low prices mean high yields, and that can allow you to secure some larger-than-normal payouts, helping you to get the most bang for your buck in terms of dividend income.
Three stocks that offer high yields and which recently hit new 52-week lows that you may want to consider for your portfolio today include Sanofi (SNY 1.77%), AT&T (T 5.16%), and Vici Properties (VICI 2.30%).
Image source: Getty Images.
Sanofi Healthcare stock Sanofi is down 12% this year, and it recently hit a new 52-week low of just under $41. This is despite the company's recent results looking solid, with revenue rising by nearly 14% at constant exchange rates, to 10.5 billion euros, for the first three months of the year. Revenue from top drug Dupixent was particularly strong, rising by nearly 31% year over year.
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Investors are concerned about the company's long-term growth strategy, with Dupixent losing patent protection in the U.S. market in 2031. But with that still being about five years away, it may be premature to push the panic button. Patent expirations are an inevitable risk that top pharmaceutical companies have to consistently navigate. Sanofi has been expanding its pipeline through acquisitions and investments in research and development. And with 28 phase 3 trials and many others in earlier stages, its cupboard is by no means bare.
At a reduced valuation, the stock is trading at just 19 times its trailing earnings, and its dividend is yielding a mouthwatering rate of 5.7%. With strong free cash flow supporting its payout, this may be an underrated dividend stock to buy right now.
AT&T Top telecom stock AT&T has also been enduring a tough year, as its shares are down 17% thus far in 2026, hitting new lows on Tuesday. While its business is stable and generally reliable for modest growth over the long run, concerns about SpaceX expanding its Starlink mobile service have investors worried that it may further chip away at AT&T's limited growth.
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An increase in competition can always be a concern for a company, but it may be premature to expect that it will be disastrous for AT&T's business. It's a situation worth monitoring, but I believe the market may be overreacting here. SpaceX CEO Elon Musk often has grand visions, but they don't always come to fruition.
AT&T stock trades at an incredibly low price-to-earnings multiple of just seven, and its yield is now around 5.3%. With a terrific payout and an excellent margin of safety to compensate for the potential risk it faces, AT&T's stock could be an intriguing option for dividend investors to consider today.
Vici Properties Last but certainly not least on this list is Vici Properties. This real estate investment trust (REIT) focuses on casino and entertainment properties and offers the highest yield here, at 6.7%. It's down around just 5% this year, but that's enough for it to sink to a new 52-week low recently. This is a low-volatility stock that doesn't go on wild swings in value, which is why it can be a particularly valuable dividend stock to own. While it might not generate massive returns, it may provide investors with some stable and reliable dividend income.
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The key number for investors to consider when evaluating REITs is funds from operations (FFO) per share, which REITs use to assess their earnings. It's an adjusted earnings figure, but it gives a good indication of how the business is doing on a cash flow basis and how well its dividend is covered. During the most recent quarter, which ended in March, Vici's FFO per share was $0.82, up from $0.51 a year ago as it benefited from a change in allowance for credit losses. But even based on last year's FFO per share, its earnings are still higher than the rate of its quarterly dividend -- $0.45.
At just nine times its trailing earnings, this is another attractive dividend stock that may be worth buying today.
SummaryI present my top 10 high-yield dividend stocks for July 2026, emphasizing margin of safety, attractive valuations, and sustainable dividend growth.Names like PepsiCo, BB Seguridade, Novo Nordisk, and Rio Tinto offer undervaluation, robust yields, and strong profitability metrics, supporting both income and capital appreciation.Several picks, including VICI Properties and Canadian Natural Resources, combine high yields with above-average dividend growth rates and sector-leading financial health.Six of these ten companies offer global diversification, enhancing portfolio resilience and reducing downside risk through international exposure. kzenon/iStock via Getty Images
Investment Thesis Investing in companies with attractive valuations that offer you a margin of safety and pay a relatively attractive amount of dividend income while providing modest dividend growth potential allows investors to generate an
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Analyst’s Disclosure: I/we have a beneficial long position in the shares of VICI, PEP, CNQ, RIO, ALIZY, AXAHY, BBSEY, NVO, CVX, NKE, SHEL, XOM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
If you have real estate investment trusts (REITs) in your portfolio, you might be panicking a little bit.
The sector has been hit hard over the past week and you are probably seeing a little too much red in your portfolio. But I’m here to assure you it’s not time to panic.
REITs are a “must have” in an income-focused portfolio. These investments were created in 1960 to give the individual investor the opportunity to invest in commercial real estate. By law, they must pass through 90% of their taxable income to shareholders as dividends to avoid paying corporate taxes.
Us dividend investors love them because we get exposure to real estate with an above average yield. And we can skip the headaches of being a landlord.
We’ve talked about REITs many times before and how you can find them in various types of real estate. Some of the common types are retail, residential, healthcare, office, and industrial REITs. These equity REITs all generally hold real estate with triple net leases. There are also mortgage REITs (mREITs) that hold portfolios of mortgages.
At any point in time, I’ll have two or three different types of REITs in my portfolio. I’m still bullish on several sectors of real estate right now, but the overall situation is about to get nuanced.
A Rate Hike Would Shake Up This Sector Last week, Kevin Warsh took the reins at the Fed and led his first FOMC meeting. He introduced a handful of changes and created task forces in five areas to identify improvements.
But most importantly, the meeting confirmed what analysts had already been pricing in—a rate hike.
If we rewind back to March, the Fed’s dot plot—each member projects where short-term interest rates will be at the end of the year—implied at least one more rate cut. To be precise, half of the policymakers projected higher rates by the end of 2026. This is important information for REIT investors.
REITs are heavy borrowers by design. They finance their properties and earn a profit from the spread between the finance costs and the rent income. When rates rise, refinancing debt and funding new acquisitions gets more expensive.
If a REIT can’t pass higher finance costs on to its tenants as higher rents, its FFO (funds from operations) gets squeezed.
When rates are rising in response to a strong economy, REITs with good occupancy and pricing power can offset the headwinds. This only works for certain REITs, and many businesses can’t afford higher rent right now.
REITs also face rising competition from other income options. The 2-year Treasury yield popped to 4.2% last week. As the yields on risk-free investments rise, money will flow out of dividend stocks and into them. Growing pressure from alternatives will result in REITs underperforming the market through the end of the year.
You Just Might Find Hidden Opportunity I’m not selling my favorite REITs. Instead, I’m adding to my long-term positions.
It’s no secret that one of my favorite REITs is VICI Properties (VICI). The company specializes in experiential properties, including casinos, bowling alleys, hotels, and golf courses. It owns a large chunk of the Vegas strip and recently added Club Med to its impressive roster of tenants.
Last week, shares hit a new 52-week low, boosting its current yield to 6.8%. My target yield was 5.5%, and I was happy with my entry price yield of 5.7%. VICI has 100% occupancy and has raised its dividend for eight consecutive years. On top of that, it’s AFFO (adjusted funds from operations) comfortably covers its dividend.
REITs should be on your radar in a big way through the end of the year. I think there will be other opportunities ahead to own shares of high-quality REITs at a great price locking in a great yield.
For more income, now and in the future,
Kelly Green
Originally published June 24, 2026
For more news, information, and strategy, visit ETF Trends.
VICI Properties (VICI) and NexPoint Residential (NXRT) are high-quality REITs trading at deep discounts despite strong fundamentals and sector headwinds clearing. VICI trades at 11x forward AFFO, with stable, long-term leases and resilient cash flow, even as 70% of its tenant base changes hands. NXRT, trading at 65% of NAV and 11x AFFO, is poised for AFFO/share growth as sunbelt supply peaks and leasing, expenses, and retention improve.
VICI Properties Inc. (VICI - Free Report) closed at $27.21 in the latest trading session, marking a +2.56% move from the prior day. The stock outpaced the S&P 500's daily loss of 0.05%. Elsewhere, the Dow lost 0.09%, while the tech-heavy Nasdaq lost 0.24%.
Coming into today, shares of the company had lost 6.35% in the past month. In that same time, the Finance sector gained 2.3%, while the S&P 500 lost 1.42%.
Analysts and investors alike will be keeping a close eye on the performance of VICI Properties Inc. in its upcoming earnings disclosure. The company's earnings report is set to go public on July 29, 2026. The company is predicted to post an EPS of $0.62, indicating a 3.33% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $1.04 billion, up 3.62% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $2.46 per share and revenue of $4.18 billion, which would represent changes of +3.36% and +4.29%, respectively, from the prior year.
Any recent changes to analyst estimates for VICI Properties Inc. should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. VICI Properties Inc. is holding a Zacks Rank of #3 (Hold) right now.
Looking at its valuation, VICI Properties Inc. is holding a Forward P/E ratio of 10.78. Its industry sports an average Forward P/E of 13.22, so one might conclude that VICI Properties Inc. is trading at a discount comparatively.
The REIT and Equity Trust - Other industry is part of the Finance sector. With its current Zacks Industry Rank of 80, this industry ranks in the top 33% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
NEW YORK--(BUSINESS WIRE)--VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) announced today that it will release its second quarter 2026 financial results on Wednesday July 29, 2026 after the close of trading on the New York Stock Exchange. The Company will host a conference call and audio webcast on Thursday, July 30, 2026 at 10:00 a.m. Eastern Time (ET).
Conference Call and Webcast
Please visit the VICI Properties website to listen to the earnings call via a live webcast. Listeners who wish to participate in the question and answer session may do so via telephone by pre-registering on the Company’s earnings call registration webpage. All registrants will receive dial-in information and a PIN allowing them to access the live call. An on-demand replay of the earnings call will be available on the Company’s website immediately following the conclusion of the live call for a period of one year.
About VICI Properties
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 103 experiential assets across a geographically diverse portfolio consisting of 63 gaming properties and 40 other experiential properties across the United States and Canada. The portfolio is comprised of approximately 130 million square feet and features over 66,000 hotel rooms and over 700 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 operators in other experiential sectors, including Cabot, Cain, Canyon Ranch, Chelsea Piers, Club Med, 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. For additional information, please visit www.viciproperties.com.
NEW YORK--(BUSINESS WIRE)---- $VICI--VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”), an experiential real estate investment trust, today announced the completion of the previously announced transaction to acquire the real estate assets of Deerfoot Inn & Casino, Great Northern Casino and two limited-service hotels that are adjacent to the Great Northern Casino (collectively, the “Portfolio”) located in Alberta, Canada, for CAD$200.6 million / USD$144.4 million (the “Real Estate.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of VICI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
VICI Properties Inc. (VICI - Free Report) ended the recent trading session at $27.23, demonstrating a -2.78% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 1.22% for the day. Elsewhere, the Dow lost 0.98%, while the tech-heavy Nasdaq lost 1.35%.
Prior to today's trading, shares of the company had lost 1.27% lagged the Finance sector's gain of 5.2% and the S&P 500's gain of 1.56%.
The upcoming earnings release of VICI Properties Inc. will be of great interest to investors. On that day, VICI Properties Inc. is projected to report earnings of $0.62 per share, which would represent year-over-year growth of 3.33%. Our most recent consensus estimate is calling for quarterly revenue of $1.04 billion, up 3.62% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.46 per share and a revenue of $4.18 billion, representing changes of +3.36% and +4.29%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for VICI Properties Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. At present, VICI Properties Inc. boasts a Zacks Rank of #3 (Hold).
In the context of valuation, VICI Properties Inc. is at present trading with a Forward P/E ratio of 11.39. This expresses a discount compared to the average Forward P/E of 12.98 of its industry.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 76, finds itself in the top 32% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
VICI Properties offers exposure to trophy Las Vegas Strip real estate via long-term, triple-net leases with built-in rent escalators. The Fertitta acquisition of Caesars, VICI's largest tenant, could materially strengthen tenant credit quality and reduce perceived risk concentration. At $26.28, VICI trades at 10.7x AFFO with a 6.8% yield, below historical multiples, offering an attractive risk/reward profile.
Key Takeaways VICI acquired Carambola Beach Resort and partnered with Club Med for its redevelopment.VICI will fund the 150-key resort redevelopment under a long-term triple-net lease.VICI's deal adds U.S. Virgin Islands exposure and steady rent, while leverage remains an offset. VICI Properties Inc. (VICI - Free Report) recently announced that it acquired the Carambola Beach Resort in the U.S. Virgin Islands and joined forces with Club Med for its subsequent redevelopment. The hospitality REIT has entered into a long-term triple-net lease with Club Med, wherein it will fund the redevelopment. Club Med will handle the future operations of the elevated 150-key property.
Club Med operates around 60 premium resorts spanning across 40 countries on five continents. This partnership with VICI allows Club Med to return to the U.S. shores. Carambola Beach Resort is situated between a crescent beach and tropical rainforest in St. Croix. Club Med is redeveloping it to preserve the property’s natural beauty and historic roots and offer travelers an elevated design and personalized service.
The partnership benefits VICI Properties by expanding its experiential real estate portfolio with a premium resort asset in the U.S. Virgin Islands. The long-term triple-net lease with Club Med is expected to generate steady rental income while reducing VICI’s exposure to day-to-day operating costs.
Final Thoughts on VICIVICI Properties continues to expand through repeat partnerships and adjacent experiential sectors. In first-quarter 2026, it provided a $1.5 billion mezzanine loan for One Beverly Hills and announced a pending Alberta casino real estate acquisition tied to PURE’s acquisition of Gamehost. These deals highlight VICI’s strategy of leveraging existing relationships for incremental growth rather than relying only on one-off acquisitions.
The above arrangement with Club Med strengthens VICI’s growth prospects through a partnership with a globally recognized resort operator with strong hospitality expertise. The redevelopment of Carambola Beach Resort could enhance the asset’s value, diversify VICI’s geographic presence and provide exposure to rising demand for premium leisure and destination-based travel.
However, concentration and financial leverage remain the key offsets to VICI Properties’ stable lease model. A softer demand backdrop or tenant-specific issues could constrain near-term valuation.
Over the past three months, this Zacks Rank #3 (Hold) company’s shares have fallen 2.2% against the industry’s growth of 7.1%.
Image Source: Zacks Investment Research
Stocks to ConsiderSome better-ranked stocks from the broader REIT sector are Prologis (PLD - Free Report) and Cousins Properties (CUZ - Free Report) , carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for PLD’s 2026 FFO per share is pegged at $6.18, which indicates year-over-year growth of 6.4%.
The consensus estimate for CUZ’s full-year FFO per share is pinned at $2.93, which calls for a 3.2% increase from the year-ago period.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) — a widely used metric to gauge the performance of REITs.
Developed in partnership with Club Med, the project will bring the global hospitality brand’s signature all-inclusive experience back to U.S. shores while expanding VICI's experiential real estate portfolio.
ST. CROIX, U.S. Virgin Islands & NEW YORK--(BUSINESS WIRE)--Club Med, the pioneer of the all-inclusive concept with nearly 60 resorts in some of the world’s most desired vacation destinations, and VICI Properties Inc. (NYSE: VICI), an S&P 500 experiential real estate investment trust, announced today the acquisition and planned redevelopment of the iconic Carambola Beach Resort, located in the U.S. Virgin Islands, marking the return of Club Med to U.S. shores. The future Club Med St. Croix will reinforce the hospitality brand’s leadership in the premium all-inclusive category, while bringing a renewed spirit to the destination’s most historic beachfront property.
The project is a result of a partnership between Club Med and VICI. Following VICI’s acquisition of the Carambola Beach Resort, VICI has entered into a long-term triple-net lease with Club Med, and will fund the resort’s redevelopment, elevating the property to Club Med’s Exclusive Collection standards. Club Med will run the future operations of the historic 150-key resort, transforming it into a model for sustainable, culturally rich and all-inclusive hospitality in the region.
“The U.S. Virgin Islands represent an exciting new chapter for Club Med,” said Carolyne Doyon, President and CEO of Club Med North America and the Caribbean. “For more than seven decades, we’ve welcomed North American travelers to our destinations around the world, and now we’re bringing that experience back home. With St. Croix’s natural beauty, strong community spirit, and deep cultural roots, together with the longstanding legacy of this hotel, this project reflects our vision for thoughtful growth, and meaningful connection across the Americas.”
John Payne, President and COO of VICI, said, "We are very excited to begin our partnership with Club Med, a true pioneer of the premium all-inclusive resort experience and the brand leader in the category. Club Med's approach to growth aligns directly with how VICI partners with best-in-class experiential operators, and Carambola Beach Resort is an ideal asset to launch our relationship. We have tremendous respect for what the Club Med team has built, and we look forward to opportunities to support their continued growth across North America for years to come.”
An Iconic Setting Reimagined
Originally built in 1986 by philanthropist and conservation pioneer Laurance Rockefeller, Carambola Beach Resort reflects his enduring vision for the U.S. Virgin Islands, where hospitality and preservation exist in balance. Club Med’s redevelopment plans envision a comprehensive renovation that preserves the property’s natural beauty and historic roots.
The resort, nestled between a crescent beach and tropical rainforest, will be part of Club Med’s Exclusive Collection, the brand’s most refined portfolio of premium all-inclusive resorts, distinguished by elevated design, personalized service, and exceptional experiences in extraordinary settings.
A Flagship Destination and a U.S. Homecoming
Club Med St. Croix will mark the brand’s reentry onto U.S. soil and aims to attract travelers from the U.S., Canada, and around the world seeking a high quality, all-inclusive experience in a unique island setting. Beyond its touristic appeal, the resort will act as a key economic driver for St. Croix and the broader Virgin Islands, fueling job creation, local partnerships, and sustainable growth across the territory.
Empowering Local Opportunity: Economic Impact
Discussions with senior government officials have highlighted shared ambitions around local employment, education and training, business development, and responsible tourism.
Aligned with Club Med’s Happy to Care sustainability commitments, the project will target BREEAM and Green Globe certifications—benchmarks of environmental design and operational responsibility. Together, these efforts underscore Club Med’s longstanding focus on environmental performance and community stewardship.
“The arrival of the Club Med brand to the U.S. Virgin Islands marks another significant milestone in the continued economic growth and revitalization of our islands — particularly St. Croix — where tourism remains a key driver of opportunity and investment,” said Governor Albert Bryan Jr. “We are proud to welcome the Club Med team to the territory and look forward to growing this partnership as we continue elevating the U.S. Virgin Islands, celebrating our people and culture, and welcoming new and returning visitors to our beautiful shores.”
Once complete, the redevelopment is projected to generate approximately 200 direct jobs along with at least as many indirect opportunities. The resort is expected to further stimulate the local economy through collaborations with excursion operators, service providers, and local farmers and artisans, reinforcing the connection between tourism and the island’s broader community. Club Med plans to continue to engage with the local community in the upcoming months to share further details of the project.
Construction is expected to begin in summer 2026, followed by a targeted reopening in Q4 2027.
To learn more about Club Med’s existing footprint in North America, click here.
About Club Med
Club Med, founded in 1950 by Gérard Blitz, is the pioneer of the all-inclusive concept, operating nearly 60 premium resorts in stunning locations around the world including North and South America, Caribbean, Asia, Africa, Europe and the Mediterranean. Each Club Med resort features authentic local style and comfortably upscale accommodations, superior sports programming and activities, enriching children's programs, gourmet dining, and warm and friendly service by its world-renowned staff with legendary hospitality skills, an all-encompassing energy and diverse backgrounds.
Club Med operates in 40 countries spanning across 5 continents and continues to maintain its authentic Club Med spirit with an international staff of more than 23,000 employees from more than 110 different nationalities. Led by its pioneering spirit, Club Med continues to grow and adapt to each market with three to five new resort openings or renovations per year, including a new mountain resort annually.
For more information, visit www.clubmed.us, call 1-800-Club-Med (1-800-258-2633), or contact a preferred travel professional. For an inside look at Club Med, follow Club Med on Facebook, Instagram, and YouTube.
About VICI Properties Inc.
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 101 experiential assets across a geographically diverse portfolio consisting of 61 gaming properties and 40 other experiential properties across the United States and Canada. The portfolio is comprised of approximately 130 million square feet and features over 66,000 hotel rooms and over 700 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 operators in other experiential sectors, including Cabot, Cain, Canyon Ranch, Chelsea Piers, Club Med, 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. For additional information, please visit www.viciproperties.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of the words “assumes,” “believes,” “estimates,” “expects,” “guidance,” “intends,” “plans,” “projects,” “will,” and similar expressions that do not relate to historical matters. All statements other than statements of historical fact are forward-looking statements. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond VICI’s control and could materially affect VICI’s actual results, performance, achievements, or VICI’s ability to achieve the benefits contemplated by the transaction. Other important risk factors that may affect VICI’s business, results of operations and financial position (including risks relating to VICI’s pending transactions) are detailed from time to time in VICI’s filings with the Securities and Exchange Commission. VICI does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as may be required by applicable law.
Developed in partnership with VICI Properties, the resort will mark Club Med's return to U.S. shores, bringing Club Med's signature all-inclusive experience to the cultural heart of the Virgin Islands
, /PRNewswire/ -- Club Med, the pioneer of the all-inclusive concept with nearly 60 resorts in some of the world's most desired vacation destinations, and VICI Properties Inc. (NYSE: VICI), an S&P 500 experiential real estate investment trust, announced today the acquisition and planned redevelopment of the iconic Carambola Beach Resort, located in the U.S. Virgin Islands, marking the return of Club Med to U.S. shores. The future Club Med St. Croix will reinforce the hospitality brand's leadership in the premium all-inclusive category, while bringing a renewed spirit to the destination's most historic beachfront property.
The project is a result of a partnership between Club Med and VICI. Following VICI's acquisition of the Carambola Beach Resort, VICI has entered into a long-term triple-net lease with Club Med, and will fund the resort's redevelopment, elevating the property to Club Med's Exclusive Collection standards. Club Med will run the future operations of the historic 150-key resort, transforming it into a model for sustainable, culturally rich and all-inclusive hospitality in the region.
"The U.S. Virgin Islands represent an exciting new chapter for Club Med," said Carolyne Doyon, President and CEO of Club Med North America and the Caribbean. "For more than seven decades, we've welcomed North American travelers to our destinations around the world, and now we're bringing that experience back home. With St. Croix's natural beauty, strong community spirit, and deep cultural roots, together with the longstanding legacy of this hotel, this project reflects our vision for thoughtful growth, and meaningful connection across the Americas."
John Payne, President and COO of VICI, said, "We are very excited to begin our partnership with Club Med, a true pioneer of the premium all-inclusive resort experience and the brand leader in the category. Club Med's approach to growth aligns directly with how VICI partners with best-in-class experiential operators, and Carambola Beach Resort is an ideal asset to launch our relationship. We have tremendous respect for what the Club Med team has built, and we look forward to opportunities to support their continued growth across North America for years to come."
An Iconic Setting Reimagined
Originally built in 1986 by philanthropist and conservation pioneer Laurance Rockefeller, Carambola Beach Resort reflects his enduring vision for the U.S. Virgin Islands, where hospitality and preservation exist in balance. Club Med's redevelopment plans envision a comprehensive renovation that preserves the property's natural beauty and historic roots.
The resort, nestled between a crescent beach and tropical rainforest, will be part of Club Med's Exclusive Collection, the brand's most refined portfolio of premium all-inclusive resorts, distinguished by elevated design, personalized service, and exceptional experiences in extraordinary settings.
A Flagship Destination and a U.S. Homecoming
Club Med St. Croix will mark the brand's reentry onto U.S. soil and aims to attract travelers from the U.S., Canada, and around the world seeking a high quality, all-inclusive experience in a unique island setting. Beyond its touristic appeal, the resort will act as a key economic driver for St. Croix and the broader Virgin Islands, fueling job creation, local partnerships, and sustainable growth across the territory.
Empowering Local Opportunity: Economic Impact
Discussions with senior government officials have highlighted shared ambitions around local employment, education and training, business development, and responsible tourism.
Aligned with Club Med's Happy to Care sustainability commitments, the project will target BREEAM and Green Globe certifications—benchmarks of environmental design and operational responsibility. Together, these efforts underscore Club Med's longstanding focus on environmental performance and community stewardship.
"The arrival of the Club Med brand to the U.S. Virgin Islands marks another significant milestone in the continued economic growth and revitalization of our islands — particularly St. Croix — where tourism remains a key driver of opportunity and investment," said Governor Albert Bryan Jr. "We are proud to welcome the Club Med team to the territory and look forward to growing this partnership as we continue elevating the U.S. Virgin Islands, celebrating our people and culture, and welcoming new and returning visitors to our beautiful shores."
Once complete, the redevelopment is projected to generate approximately 200 direct jobs along with at least as many indirect opportunities. The resort is expected to further stimulate the local economy through collaborations with excursion operators, service providers, and local farmers and artisans, reinforcing the connection between tourism and the island's broader community. Club Med plans to continue to engage with the local community in the upcoming months to share further details of the project.
Construction is expected to begin in summer 2026, followed by a targeted reopening in Q4 2027.
To learn more about Club Med's existing footprint in North America, click here and to partner with Club Med on other potential developments, visit clubmeddevelopment.com.
ABOUT CLUB MED
Club Med, founded in 1950 by Gérard Blitz, is the pioneer of the all-inclusive concept, operating nearly 60 premium resorts in stunning locations around the world including North and South America, Caribbean, Asia, Africa, Europe and the Mediterranean. Each Club Med resort features authentic local style and comfortably upscale accommodations, superior sports programming and activities, enriching children's programs, gourmet dining, and warm and friendly service by its world-renowned staff with legendary hospitality skills, an all-encompassing energy and diverse backgrounds.
Club Med operates in 40 countries spanning across 5 continents and continues to maintain its authentic Club Med spirit with an international staff of more than 23,000 employees from more than 110 different nationalities. Led by its pioneering spirit, Club Med continues to grow and adapt to each market with three to five new resort openings or renovations per year, including a new mountain resort annually.
For more information, visit www.clubmed.us, call 1-800-Club-Med (1-800-258-2633), or contact a preferred travel professional. For an inside look at Club Med, follow Club Med on Facebook, Instagram, and YouTube.
About VICI Properties Inc.
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 101 experiential assets across a geographically diverse portfolio consisting of 61 gaming properties and 40 other experiential properties across the United States and Canada. The portfolio is comprised of approximately 130 million square feet and features over 66,000 hotel rooms and over 700 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 operators in other experiential sectors, including Cabot, Cain, Canyon Ranch, Chelsea Piers, Club Med, 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. For additional information, please visit www.viciproperties.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of the words "assumes," "believes," "estimates," "expects," "guidance," "intends," "plans," "projects," "will," and similar expressions that do not relate to historical matters. All statements other than statements of historical fact are forward-looking statements. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond VICI's control and could materially affect VICI's actual results, performance, achievements, or VICI's ability to achieve the benefits contemplated by the transaction. Other important risk factors that may affect VICI's business, results of operations and financial position (including risks relating to VICI's pending transactions) are detailed from time to time in VICI's filings with the Securities and Exchange Commission. VICI does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as may be required by applicable law.
Club Med Media Contacts:
Malaika Hollis
Alliance Connection
[email protected]
VICI Investor Contacts:
[email protected]
(646) 949-4631
Or
David Kieske
EVP, Chief Financial Officer
[email protected]
Moira McCloskey
SVP, Capital Markets
[email protected]
Dividend-paying stocks are the perfect option for a busy investor. They are usually reliable, stable stocks you don't need to worry about. You just buy some shares, set up a dividend reinvestment plan (DRIP), and let your money compound into a passive cash stream over years or even decades.
And there are three dividend stocks on my radar that invesotrs should consider adding to their portfolio: Vici Properties (VICI +1.50%), PepsiCo (PEP +0.28%), and T.Rowe Price Group (TROW +1.23%).
Image source: Getty Images.
Buy the ticket, take the ride Up first is the gambling-focused real estate investment trust (REIT) Vici Properties. Honestly, what article about dividend stocks would be complete without a REIT? They're required to pay out 90% of their taxable income to shareholders in the form of a dividend.
Vici owns 61 casinos (including some of the most iconic spots on the Vegas Strip like Caesar's Palace and the MGM Grand) and rents them out to casino operators and entertainment companies across the country and one Canadian province. It also owns 39 nongambling entertainment properties and four golf courses.
The company has a 100% occupancy rate, which helped it grow its revenue 3.5% to $1 billion for Q1 2026. Off the back of that, it grew its adjusted funds from operation (AFFO) 5.7%. And it pays 90% of that income back to shareholders in a dividend that yields 6.19% at current prices.
Vici is one bet you'll likely want to place and let ride for a long time to come.
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I'll have a Pepsi, actually I don't know where you fall on the eternal Coca-Cola versus Pepsi debate. Full disclosure: My favorite soda is Mexican Coke. But when it comes to what I want in my portfolio versus what I want with my lunch, Pepsi wins hands down.
Pepsi has a 4.1% yield at current prices to Coca-Cola's 2.79%. Now, Pepsi is the riskier dividend with its payout ratio sitting at 89.3% to Coca-Cola's 64.78%, but neither of the stocks is particularly risky -- especially not after seeing their Q1 2026 results.
For Q1 2026, Pepsi grew its net revenue 8.5% over Q1 2025, and its earnings per share (EPS) shot up 27%. The company also grew its net profit margin from 8.83% at the end of 2025 to 9.21% at the end of Q1 2026.
Now, it must be noted that while both companies have a high debt load. Pepsi's is much higher than Coca-Cola's at 2.45 compared to 1.23. However, both stocks are blue chips, and I don't think they will have problems paying their debts.
So, all other things being relatively equal, I would go for the higher yield of Pepsi's dividend even though I'll be ordering a Coke with my sandwich.
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High finance, high yield Finally, let's talk about T. Rowe Price, which has been providing financial services to its home city of Baltimore and beyond since 1937. It also pays a dividend that yields 4.9% at current prices, and the company has grown it every year for the past four decades.
If the company keeps that streak alive (and given that its payout ratio is sitting at a nice and low 54.77% right now, I see no reason why it shouldn't be able to), then it should achieve Dividend King status come its 100th birthday in 2037. Dividend Kings are companies that have increased their payouts for 50 consecutive years or more.
In T. Rowe Price's most recent reported quarter (Q1 2026), its revenue grew 5.3% over Q1 2025 to $1.85 billion, and its earnings per share for the quarter grew 3.7% over the same period.
It also maintains a net profit margin of 29.53% and a very healthy balance sheet, with a total debt-to-equity ratio of 0.04.
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T. Rowe Price offers a steadily growing dividend you really don't need to worry about. The company's finances are rock solid and are likely to remain so for the foreseeable future.
Combine all three stocks, and you have the beginnings of a solid dividend portfolio.
VICI Properties' shares look like they are trading at a discounted valuation relative to its historical trading level and attractive dividend yield. While I'm long a position already, I've been writing put options lately to generate some additional 'income' nearly every month this year. This can provide an attractive alternative to income-focused investors combined with or in place of buying shares outright today.
It has been about a month since the last earnings report for VICI Properties Inc. (VICI - Free Report) . Shares have lost about 3% in that time frame, underperforming the S&P 500.
But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is VICI Properties due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.
VICI Properties' Q1 AFFO Meets Estimates, Revenues Rise Y/YVICI Properties reported first-quarter 2026 AFFO per share of 61 cents, in line with the Zacks Consensus Estimate. The figure increased 5.2% from the prior-year quarter. Total revenues came in at $1.02 billion, up 3.5% year over year, but missed the consensus mark by just 0.1%.
The quarter featured steady rent-led growth and active capital deployment. Management also raised its full-year 2026 outlook for AFFO per share, reinforcing confidence in the company’s partner-driven investment strategy.
VICI Properties’ Results Reflect Higher Lease-Led GrowthVICI Properties’ top line benefited from higher income from lease financing receivables, loans and securities, which rose to $452 million from $426.5 million in the year-ago quarter. Income from sales-type leases also increased to $536.7 million from $528.6 million.
Other income edged down to $18.9 million from $19.5 million a year ago. Golf revenues rose to $11 million from $9.6 million, providing a modest offset to the decline in other income.
VICI Properties Gains From Credit Loss Allowance SwingProfitability in the quarter was heavily influenced by credit loss. The change in allowance for credit losses was a $118.8 million benefit versus a $187 million expense in the prior-year quarter, which meaningfully lifted reported earnings power.
VICI Properties Expands Deals With PartnersVICI Properties continued to deepen relationships with existing and new counterparties. During the quarter, it provided a $1.5 billion mezzanine loan as part of the construction financing for the One Beverly Hills development, with an initial funding of $650 million.
The company also announced a pending acquisition of a Canadian casino portfolio in Alberta for CAD$200.6 million (about US$144.4 million at the time of announcement), with the assets to be added to the existing PURE master lease.
Subsequent to quarter-end, VICI Properties entered into a new lease for MGM Northfield Park with an affiliate of funds managed by Clairvest, adding a new tenant and resetting rent streams around the MGM master lease structure.
VICI Properties' Balance Sheet Remains Liquid After Heavy InvestingVICI Properties ended the quarter with $480.2 million in cash and cash equivalents. Liquidity remained substantial, at $3.1 billion supported by cash, estimated forward sale equity proceeds and revolving credit facility capacity.
Subsequent to quarter-end, VICI Properties physically settled the remaining 7.75 million shares under its forward sale agreement for approximately $242.1 million in net proceeds, adding further flexibility as it pursues announced transactions and future partner-led opportunities.
VICI Properties Raises 2026 AFFO Outlook After Solid StartVICI Properties raised full-year 2026 AFFO per share guidance to $2.44-$2.47 compared to the prior guided range of $2.42-$2.45.
How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a upward trend in estimates revision.
VGM ScoresCurrently, VICI Properties has a poor Growth Score of F, however its Momentum Score is doing a lot better with a C. Following the exact same course, the stock was allocated a score of C on the value side, putting it in the middle 20% for value investors.
Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been trending upward for the stock, and the magnitude of these revisions looks promising. Interestingly, VICI Properties has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry PlayerVICI Properties belongs to the Zacks REIT and Equity Trust - Other industry. Another stock from the same industry, American Tower (AMT - Free Report) , has gained 2.2% over the past month. More than a month has passed since the company reported results for the quarter ended March 2026.
American Tower reported revenues of $2.74 billion in the last reported quarter, representing a year-over-year change of +6.8%. EPS of $1.84 for the same period compares with $2.75 a year ago.
For the current quarter, American Tower is expected to post earnings of $2.69 per share, indicating a change of +3.5% from the year-ago quarter. The Zacks Consensus Estimate has changed -0.3% over the last 30 days.
American Tower has a Zacks Rank #2 (Buy) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of F.
VICI Properties has stable cash flows, disciplined growth, and an undervalued 9.6x forward P/FFO multiple. VICI's 100% triple-net lease structure, 100% occupancy, and strong tenant guarantees underpin resilient income and a well-covered 6.4% dividend yield. Recent accretive acquisitions and self-funded investments drive 4.5% AFFO/share growth, supported by a conservative 5.0x net debt/EBITDA balance sheet.
The Dividend Harvesting Portfolio achieved a 42.41% return on invested capital, now yielding $3,037 in forward annualized dividends (7.78% yield, 11.08% yield on cost). I continue to add to rate-sensitive assets like Realty Income (O) and QQQI, expecting a favorable rate environment and market upside toward S&P 8,000 in 2026. Portfolio diversification remains a priority, with individual equities at 40.12% and a focus on increasing energy sector exposure for future growth.
VICI Properties provides a market-beating payout that's reasonably safe and steadily growing. The net lease REIT's trifecta of growth catalysts still paves the way to reliable +3% annual AFFO per share growth. VICI Properties' net leverage ratio is at the low end of its targeted range, making it financially stable.
NEW YORK--(BUSINESS WIRE)--VICI Properties Inc. (NYSE: VICI) (“VICI Properties”) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.45 per share of common stock for the period from April 1, 2026 to June 30, 2026. The dividend will be payable on July 9, 2026 to stockholders of record as of the close of business on June 18, 2026.
VICI declares a quarterly cash dividend of $0.45 per share of common stock
Share About VICI Properties
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 100 experiential assets across a geographically diverse portfolio consisting of 61 gaming properties and 39 other experiential properties across the United States and Canada. The portfolio is comprised of approximately 130 million square feet and features over 66,000 hotel rooms and over 700 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 operators in other experiential sectors, including Cabot, Cain, 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. For additional information, please visit www.viciproperties.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of the words “assumes,” “believes,” “estimates,” “expects,” “guidance,” “intends,” “plans,” “projects,” “will,” and similar expressions that do not relate to historical matters. All statements other than statements of historical fact are forward-looking statements. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors which are, in some cases, beyond VICI’s control and could materially affect actual results, performance, or achievements. Important risk factors that may affect VICI’s business, results of operations and financial position are detailed from time to time in VICI’s filings with the Securities and Exchange Commission. VICI does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as may be required by applicable law.
VICI Properties Inc. (VICI - Free Report) ended the recent trading session at $27.86, demonstrating a +2.39% change from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily loss of 2.65%. Elsewhere, the Dow lost 1.35%, while the tech-heavy Nasdaq lost 4.18%.
The stock of company has fallen by 5.49% in the past month, lagging the Finance sector's gain of 2.8% and the S&P 500's gain of 5.47%.
The investment community will be closely monitoring the performance of VICI Properties Inc. in its forthcoming earnings report. The company is predicted to post an EPS of $0.62, indicating a 3.33% growth compared to the equivalent quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.04 billion, up 3.62% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.46 per share and revenue of $4.18 billion, indicating changes of +3.36% and +4.29%, respectively, compared to the previous year.
Any recent changes to analyst estimates for VICI Properties Inc. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 0.05% rise in the Zacks Consensus EPS estimate. VICI Properties Inc. currently has a Zacks Rank of #3 (Hold).
Looking at its valuation, VICI Properties Inc. is holding a Forward P/E ratio of 11.06. Its industry sports an average Forward P/E of 12.68, so one might conclude that VICI Properties Inc. is trading at a discount comparatively.
The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 96, putting it in the top 40% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
The Fed has already quietly delivered 75 basis points of cuts between late September and mid-December 2025, taking the funds rate from 4.5% to 3.75%, and Goldman Sachs Asset Management is now telling clients the Fed may cut rates twice more in 2026. The 10-year is still sitting at 4.49%, which means dividend equities have not yet re-rated for the lower-rate world that is already underway. When that gap closes, the names below get paid first.
1. AGNC Investment (NASDAQ: AGNC): The Surprise Front-Runner Nobody on dividend Twitter is leading with a mortgage REIT, which is precisely why AGNC Investment (NASDAQ:AGNC | AGNC Price Prediction) belongs at the top. AGNC borrows short and owns long-duration Agency mortgage-backed securities. When the Fed cuts the funds rate, AGNC’s repo funding costs fall almost immediately, while the coupons on its existing MBS portfolio do not. That is the cleanest, most mechanical rate-cut trade on this list.
The early evidence is already showing up in the numbers. AGNC’s repo rate declined to 3.79% from 4.13%, and net spread plus dollar roll income rose to $0.42/share from $0.35, with the net interest spread widening 25 basis points to 2.06%. The stock is up 30.9% over the past year while still paying a 14.2% dividend yield via a $0.12 monthly distribution that has held steady for 18+ consecutive months.
The catch: Q1 2026 produced a net loss of $0.17/share when Middle East geopolitics widened MBS spreads in March. That dip is the entry point most income investors will miss. The bigger names ahead are not paying yields anywhere near this.
2. Realty Income (NYSE: O): The Heavyweight Already Moving Realty Income (NYSE:O) is the obvious name, the one every income investor already knows. It owns 15,000+ free-standing single-tenant properties on triple-net leases. When the 10-year yield falls, Realty Income’s cap-rate spreads widen, acquisitions get more accretive, and the stock re-rates because its 5%-plus dividend yield suddenly looks even more attractive against Treasuries.
Management is already pressing the accelerator. Q1 2026 revenue hit $1.55B with AFFO of $1.13/share, up 6.6% year over year, and the company raised 2026 investment volume guidance to $9.5B from $8.0B while bumping AFFO guidance to $4.41–$4.44/share. The monthly payout sits at $0.2705, the 114th consecutive quarterly increase.
Shares are up 8% year-to-date, but the analyst target of $68.15 implies further upside as yields compress. The next name carries 30 times Realty Income’s market cap and is wired directly into the AI buildout.
3. NextEra Energy (NYSE: NEE): Utility Bond Proxy with a Growth Engine NextEra Energy (NYSE:NEE) is the rare utility that trades like a growth stock because it owns both Florida Power & Light and the largest renewables development arm in the country. Utilities are textbook duration plays: regulated cash flows, capital-intensive balance sheets, dividend yields benchmarked against the 10-year. Lower rates expand multiples and reduce the cost of the company’s enormous capex program.
And that capex program is enormous. FPL’s 2026 capex is guided to $12B–$13B, with up to $100B in investment through 2032; NEER added a record 4 GW in Q1 including 1.3 GW of battery storage, with a backlog of roughly 33 GW; and the U.S. Department of Commerce selected NextEra to build 9.5 GW of gas-fired generation in Texas and Pennsylvania under the US-Japan trade deal. Management is guiding to 8%+ adjusted EPS CAGR through 2032 with ~10% dividend growth through 2026.
I’ve been watching NEE for years and the setup right now is unusual: shares are down 11% over the past month on Dominion acquisition noise, but the analyst consensus target sits at $98.55. Reddit’s dividend community has been steady on it: a bullish sentiment score of 72 in r/dividendinvesting. The #4 name is the one whose entire balance sheet is built on cheap debt.
4. American Tower (NYSE: AMT): The Leveraged Re-Rating Trade American Tower (NYSE:AMT) is the most rate-sensitive name in the large-cap REIT universe because it carries $37.3B in total debt against net leverage of 4.9x. Cell towers and data centers are the physical layer of every AI workload running today; lower rates drop AMT’s refinancing costs and lift the present value of decades of escalator-driven tower rents. That’s a double-barreled tailwind.
The operating business is already accelerating. Q1 2026 revenue grew 6.8% to $2.74B and EPS hit $1.84, beating expectations. International is on fire: Europe +22.4%, Latin America +20.3%, Data Centers +18.4% to $289M. Management raised 2026 AFFO guidance to $10.90–$11.07/share.
Shares have already started moving, up 12% year-to-date and 9% in the past month, with the analyst target at $216.14. The #5 slot is the smallest market cap on this list, and arguably the most overlooked.
5. VICI Properties (NYSE: VICI): The Punchline VICI Properties (NYSE:VICI) owns Caesars Palace, the Venetian, MGM Grand, and 90 other experiential real estate properties on 40-year weighted average leases at 100% occupancy. Every one of those leases has CPI-linked escalators baked in. So when rates fall and inflation runs warm, as Core PCE hitting 129.63 in April 2026, the highest point in the 12-month dataset, VICI’s rent stream is one of the few that grows with inflation while its discount rate falls. That is the punchline.
The math is unusually clean here. 2026 AFFO guidance is $2.59B–$2.63B ($2.42–$2.45/diluted share), the dividend was just raised 4.0% to $0.45/quarter, the 8th consecutive annual increase since the 2018 IPO, and a $1.16B sale-leaseback of 7 Golden Entertainment casinos is closing mid-2026 at a 7.5% cap rate. The yield sits at 6.54% against a forward P/E of 10x.
Here’s what makes VICI the payoff: the stock is down 8% over the past year and 4% in the past month while every other name on this list has rallied. The analyst target is $34.17 against a current price near $27. Reddit’s dividend community shows a bullish 68 sentiment score, but mainstream coverage is non-existent. That gap closes when the 10-year breaks lower.
The Setup The Fed has already cut 75 bps, inflation is still above target, and the 10-year hasn’t gotten the memo. That’s the dislocation. AGNC offers the most direct mechanical payoff, Realty Income and NextEra are the heavyweights that always work, American Tower is the leveraged re-rating, and VICI is the contrarian setup hiding in plain sight. The window between "rates cut" and "yields fall" is where this money gets made, and it doesn’t stay open forever.
The Dividend Harvesting Portfolio demonstrated resilience, declining only 1.18% versus the S&P 500's 2.6% drop, with a current yield of 7.87%. Recent market volatility is viewed as a buying opportunity, with capital allocated to VICI Properties and PIMCO Dynamic Income Fund to enhance forward income. VICI offers a 6.46% yield and unique real estate exposure, while PDI trades near 52-week lows with a 15.76% yield and robust distribution history.
In the latest trading session, VICI Properties Inc. (VICI - Free Report) closed at $28.09, marking a -1.13% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.75%. At the same time, the Dow added 1.86%, and the tech-heavy Nasdaq gained 2.54%.
Shares of the company have appreciated by 0.71% over the course of the past month, outperforming the Finance sector's gain of 0.12%, and the S&P 500's loss of 1.63%.
Analysts and investors alike will be keeping a close eye on the performance of VICI Properties Inc. in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $0.62, reflecting a 3.33% increase from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $1.04 billion, showing a 3.62% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $2.46 per share and revenue of $4.18 billion, which would represent changes of +3.36% and +4.29%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for VICI Properties Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. VICI Properties Inc. currently has a Zacks Rank of #3 (Hold).
Looking at valuation, VICI Properties Inc. is presently trading at a Forward P/E ratio of 11.55. This represents a discount compared to its industry average Forward P/E of 13.35.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 95, which puts it in the top 39% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.