VICI Properties Inc. (VICI)
VICI Properties Inc. operates in the REIT - Diversified industry of the Real Estate sector, headquartered in New York City, NY, US. The stock last traded at $23.72, down 1.62% on the session, giving a market capitalisation of $26.12B. On trailing twelve-month figures it carries a trailing P/E of 9.19, a net margin of 67.5%. Its beta of 0.68 implies it has historically moved less than the broad market.
VICI Properties functions as a specialized real estate investment trust dedicated to experiential properties. The company boasts an extensive collection of premier gaming, hospitality, and entertainment venues, notably including the globally recognized Caesars Palace. Its diverse and nationally distributed portfolio encompasses 29 gaming facilities, spanning over 48 million square feet. These sites collectively feature approximately 19,200 hotel rooms and more than 200 distinct dining, bar, and nightlife establishments. VICI's assets are leased to leading operators in the gaming and hospitality sectors, such as Caesars Entertainment, Century Casinos, Hard Rock International, JACK Entertainment, and Penn National Gaming. Beyond its core properties, VICI also holds four championship golf courses and possesses 34 acres of undeveloped land strategically located adjacent to the Las Vegas Strip. The company's fundamental objective is to cultivate the United States' most valuable and high-performing experiential real estate portfolio.
VICI Properties Inc. is most often compared with the following Real Estate names: