Stock Analysis
VICI Properties Inc. Common StockVICI
P/E 9.40×· 5Y range 8.97–45.02×· bottom 2% of history
Sector: Real Estate · Industry: Real Estate Investment Trusts
AnalystsStrong Buy32 analystsP/E 9.4× sits at the 2nd percentile of its 5.086926762491444-year history.
Cash covers 4% of debt · FY 2025.
PMP Verdict
Mixed fundamentals, cheap valuation
Strengths
- Growth82
- Profitability67
Risks
- Financial Health18
Mixed business trading cheap — priced for skepticism.
Bull Case
- ✓Revenue CAGR 27.6% — durable top-line growth
- ✓P/E 9.4× at bottom 2% of 5-year history
What's happening with VICI
Profile
Strong valuation, growth and moat; financial health lags behind.
How is each axis scored?
- Valuation82/100 · Strong
- P/E vs own history (2th pct)25/25
- FCF yield (10.1%)25/25
- P/S (6.3x)12/25
- EV/EBIT (12.2x)20/25
- Growth82/100 · Strong
- Revenue CAGR (27.6%)25/25
- Net income CAGR (28.6%)25/25
- EPS CAGR 5Y (10.4%)20/25
- Fwd implied growth (14.0%)12/25
- Profitability67/100 · Moderate
- ROIC (6.2%)5/25
- ROE (9.9%)12/25
- Net margin (67.5%)25/25
- Operating margin (84.2%)25/25
- Financial Health18/100 · Weak
- Altman Z (1.18)3/25
- Current ratio (0.39)0/25
- Interest coverage (2.9x)10/25
- Net cash / debt (D/A 35%)5/25
- Quality63/100 · Moderate
- Piotroski F (6/9)15/25
- Beneish M (-2.41)20/25
- FCF conversion (95%)22/25
- Margin stability (σ 21.9%)6/25
- Moat75/100 · Strong
- ROIC >12% years (0/8 yrs)0/25
- Median gross margin (98.9%)25/25
- FCF-positive years (8/8 yrs)25/25
- Worst-year net margin (worst 43.0%)25/25
Risk Flags
- ⚠Altman Z 1.2 — distress-zone balance sheet
- ⚠Interest coverage 2.9× — thin debt cushion
About VICI Properties Inc. Common Stock
VICI Properties Inc is a real estate investment trust based in the United States. Show more
It engaged in the business of owning and acquiring gaming, hospitality, wellness, entertainment and leisure destinations, subject to long-term triple net leases. It own nearly 93 experiential assets across a geographically portfolio consisting of nearly 54 gaming properties and nearly 39 other experiential properties across the United States and Canada, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas.
Headquarters: NEW YORK, NY · Employees: 28 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
82AP/E (TTM)9.4xA
Grade A: CheapPrice / TTM EPS (own statements) — vs own 5Y history: 9.0x–45.0x · 2nd pct
P/FCF12.7xA
Grade A: CheapPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield10.1%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 4.6%–10.6% · 99th pct
P/S (TTM)6.34xC
Grade C: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 6.1x–15.3x · 1st pct
EV/EBIT12.2xB
Grade B: FairEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 12.0x–65.0x · lowest in history
EV/Sales10.6xD
Grade D: Very expensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E8.2xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio0.93xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio13.74D
Grade D: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield7.33%C
Grade C: HighTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio68.7%C
Grade C: HighDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
67BROIC6.2%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE9.9%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA5.9%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin67.5%A
Grade A: HighNet Income / Revenue
Operating Margin84.2%A
Grade A: HighTTM EBIT / TTM Revenue
Gross Margin99.3%A
Grade A: PremiumGross Profit / Revenue
FCF Margin64.4%A
Grade A: HighFCF / Revenue
True FCF Margin63.9%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
82ARevenue CAGR27.6%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR28.6%A
Grade A: HighCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)10.4%C
Grade C: OkCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth14.0%B
Grade B: LowAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+100.3%D
Grade D: DilutiveShare count change over 5Y
SBC / Net Income0.6%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue0.4%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
18EAltman Z-Score1.18D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio0.39xD
Grade D: LowCurrent Assets/Liabilities
Quick Ratio0.36xD
Grade D: Low(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage2.9xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt Repayment6.1yC
Grade C: AverageYears to repay net debt via FCF
Net Debt/EBIT4.7xD
Grade D: HighLeverage. <2x Low, >4x High
Debt/Equity0.60xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.04xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
63BPiotroski F-Score6/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.41A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion95.3%A
Grade A: StrongFCF / Net Income
Margin Stability21.9%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue0.0%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.09xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Douglas Monica Howard Filed | Douglas Monica Howard | Grant / award | +175 | |
Holland Elizabeth I Filed | Holland Elizabeth I | Grant / award | +287 | |
Sullivan John M Filed | Sullivan John M | Grant / award | +292 | |
Cantor Diana F Filed | Cantor Diana F | Grant / award | +557 | |
Rumbolz Michael D Filed | Rumbolz Michael D | Grant / award | +371 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
ABRAHAMSON JAMES R Filed | ABRAHAMSON JAMES R | Grant / award | +1.1K | |
MACNAB CRAIG Filed | MACNAB CRAIG | Grant / award | +530 | |
Sullivan John M Filed | Sullivan John M | Grant / award | +5.6K |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
75B+ROIC >12% Years0/8 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)98.9%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years8/8 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor43.0%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$2.51
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$0.26
Cash & short-term investments per share (Finnhub)
Book Value / Share$26.49
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$16.77B
Total debt obligations (short + long term)
Cash & Equiv.$607.98M
Cash and short-term investments
Net Debt$16.17B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$27.80B
Shareholders' equity (book value)
Asset / Liability2.53xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$25.99B
Current Market Capitalization
Beta0.68B
Grade B: DefensivePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: VICI Properties Inc. Common Stock (VICI)
VICI is up 0.60% at the last close. Piotroski F-Score of 6/9 indicates mixed fundamentals for VICI Properties Inc. Common Stock. Altman Z-Score of 1.18 is below the 1.81 distress threshold — an elevated financial-risk flag. Beneish M-Score of -2.41 suggests a low likelihood of earnings manipulation. Revenue has compounded at roughly 28% annually, with net income growing about 29% per year — a strong growth profile.
- VICI Properties Inc. Common Stock converts about 64% of revenue into free cash flow — strong cash generation.
- Takes ~6.1 years to repay net debt from free cash flow.
- At a valuation score of 82/100, VICI trades near the cheapest end of its own historical range (P/E 9.4).
- The stock currently yields 7.3% in dividends.
See how VICI ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all VICI moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 15 | Regular | 23.39 | +1.94% | 2.40 |
| Oct 15 | After-hours | 23.47 | +2.31% | 2.80 |
| Sep 21 | After-hours | 24.06 | +1.43% | 2.29 |
Frequently Asked Questions about VICI
What is the current VICI Properties Inc. Common Stock (VICI) stock price?
VICI is trading at $23.60 at the last market close, up 0.60% on the session. PreMarketPrice tracks VICI pre-market, intraday and after-hours prices.
Is VICI stock a buy right now?
PreMarketPrice's quantitative model rates VICI Properties Inc. Common Stock's financial health at 18/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is VICI stock overvalued?
VICI Properties Inc. Common Stock trades at a trailing P/E of 9.4 and our valuation score rates it 82/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does VICI Properties Inc. Common Stock report earnings?
No confirmed earnings date is currently scheduled for VICI. The Earnings section lists recent reports and updates as dates are announced.
What sector does VICI Properties Inc. Common Stock operate in?
VICI Properties Inc. Common Stock operates in the Real Estate sector, within the Real Estate Investment Trusts industry. The Related Stocks section lists sector peers for comparison.
What does VICI Properties Inc. Common Stock do?
VICI Properties Inc is a real estate investment trust based in the United States.
About VICI Properties Inc. Common Stock (VICI) Stock
VICI Properties Inc. Common Stock (VICI) is a US-listed stock operating in the Real Estate sector, specifically the Real Estate Investment Trusts industry. As of the latest update, VICI Properties Inc. Common Stock is trading at $23.60, up 0.60% on the day with a market capitalization of $26.0 billion. The financial health score for VICI is 18/100, which indicates poor financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for VICI stock.
VICI Stock Analysis & Key Metrics
On PreMarketPrice, you can track VICI Properties Inc. Common Stock (VICI) across multiple dimensions:
- Pre-market price & movement: Real-time VICI stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for VICI with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for VICI Properties Inc. Common Stock across multiple reporting periods.
- Financial health score: A composite score of 18/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for VICI.
- Sector peers: Compare VICI against 4 other real estate stocks on key financial metrics.
Is VICI a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate VICI Properties Inc. Common Stock (VICI) as an investment. The financial health score of 18/100 suggests poor financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.VICI Properties Inc. Common Stock (VICI) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.