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1 Magnificent Real Estate Dividend Stock Down 6.5% to Buy and Hold Forever
Yahoo Finance· 2025-09-23 09:18
Key Points VICI Properties' real estate portfolio produces very stable and steadily rising rental income. The REIT has many growth drivers. It should be able to continue increasing its high-yielding dividend for years to come. 10 stocks we like better than Vici Properties › Shares of VICI Properties (NYSE: VICI) are currently down about 6.5% from their 52-week high. That slump comes at a time when the stock market has been soaring and is near an all-time high. That dip appears to be a buying opp ...
VICI Properties Stock: Is VICI Outperforming the Real Estate Sector?
Yahoo Finance· 2025-09-15 14:06
Core Viewpoint - VICI Properties Inc. is a significant player in the experiential real estate investment trust (REIT) sector, with a market capitalization of $35.4 billion, focusing on gaming, hospitality, and entertainment properties [1][2]. Company Overview - VICI Properties Inc. is based in New York and owns notable assets such as Caesars Palace Las Vegas, MGM Grand, and the Venetian Resort Las Vegas, positioning itself as a leader in experiential real estate [1]. - The company is classified as a large-cap stock, reflecting its size and influence within the diversified REIT industry [2]. Financial Performance - In Q2, VICI reported a 4.6% year-over-year revenue increase to $1 billion, slightly exceeding consensus estimates, driven by higher income from sales-type leases and lease financing [5]. - The company's AFFO per share rose 5.3% from the previous year to $0.60, aligning with Wall Street expectations, and it raised its fiscal 2025 AFFO per share guidance to between $2.35 and $2.37 [5]. Stock Performance - VICI's shares are currently trading 3.3% below their 52-week high of $34.29, reached on September 16, 2024, and have gained 1.8% over the past three months, outperforming the Real Estate Select Sector SPDR Fund (XLRE) [3][4]. - Year-to-date, VICI shares are up 13.5%, significantly outpacing XLRE's 4.1% increase, although they have declined 1.2% over the past 52 weeks, still better than XLRE's 5.7% drop [4]. - The stock has been trading above its 200-day and 50-day moving averages since early June, indicating a bullish trend despite minor fluctuations [4].
VICI Properties Stock Up 12.5% Year to Date: Will It Continue to Rise?
ZACKS· 2025-08-13 14:46
Core Insights - VICI Properties (VICI) shares have increased by 12.5% year to date, outperforming the industry average of 1% [1] - The company benefits from long-term leases, a diversified portfolio, and a strong balance sheet, which enhances shareholder value [1] Financial Performance - In Q2 2025, VICI reported adjusted funds from operations (AFFO) per share of 60 cents, matching the Zacks Consensus Estimate and reflecting a 5% increase from the previous year [2][9] - Revenue growth was driven by sales-type leases and lease financing income, although higher interest expenses negatively impacted results [2] - The AFFO per share outlook for 2025 has been raised [2] Analyst Sentiment - Analysts are optimistic about VICI, with the Zacks Consensus Estimate for 2025 FFO per share revised upward by 1.3% to $2.38 [3] Portfolio Characteristics - VICI Properties boasts a high-quality portfolio with a 100% occupancy rate and an average lease term of approximately 40.2 years [4][5] - 79% of the company's rent is derived from publicly traded tenants, ensuring a stable revenue stream through long-term triple-net lease agreements [5] Diversification Strategy - The company has diversified its portfolio to include non-gaming experiential assets, reducing risk associated with gaming volatility [6] Financial Flexibility - As of June 30, 2025, VICI had $3 billion in liquidity and an annualized net leverage ratio of 5.3, indicating strong financial flexibility [7][9] - The company holds investment-grade credit ratings, enhancing its access to the debt market [10]
Wynn Resorts: Strong Buy On Macau And Vegas Growth
Seeking Alpha· 2025-06-26 07:12
Core Viewpoint - Wynn Resorts, Limited is initiated with a Strong Buy rating and a price target of $187, focusing on its luxury integrated resorts in Macau, Las Vegas, and Boston, which provide industry-leading gaming, hospitality, and entertainment [1] Company Overview - Wynn Resorts, Limited engages in the design, development, and operation of luxury integrated resorts [1] - The company operates in key markets including Macau, Las Vegas, and Boston [1] Research Methodology - Moretus Research employs a structured, repeatable framework to identify companies with durable business models and mispriced cash flow potential [1] - The research combines rigorous fundamental analysis with a judgment-driven process, focusing on comparability, simplicity, and relevance [1] - The coverage tends to favor underappreciated companies undergoing structural change or temporary dislocation, aiming for asymmetric returns [1] Investment Philosophy - Moretus Research emphasizes a deep respect for capital, discipline, and long-term compounding [1] - The goal is to raise the standard for independent investment research by providing professional-grade insights and actionable valuation [1]
1 Top REIT to Buy Hand Over Fist in June for Passive Income
The Motley Fool· 2025-06-05 15:34
Core Viewpoint - Investing in real estate, particularly through Real Estate Investment Trusts (REITs) like VICI Properties, offers a strong opportunity for passive income through dividends and portfolio growth. Group 1: Company Overview - VICI Properties is a leading REIT focused on experiential real estate, owning significant properties such as the Venetian Resort Las Vegas and Chelsea Piers in New York City [4] - The REIT operates under long-term triple net leases with an average remaining term of 40 years, which are designed to escalate rents tied to inflation [5] Group 2: Financial Performance - VICI Properties currently offers a dividend yield of 5.5%, significantly higher than the S&P 500's sub-1.5% yield, and has been growing its dividend at a compound annual rate of 7.4% [2][8] - The REIT pays out approximately 75% of its adjusted funds from operations (FFO) in dividends, maintaining a solid balance sheet with a net leverage ratio of 5.3 times [6][7] Group 3: Growth Opportunities - There is an estimated $400 billion in U.S. gaming properties not currently owned by REITs, presenting a substantial growth opportunity for VICI Properties [10] - The company is also exploring investments in tribal casinos and has formed partnerships for developing non-gaming experiential properties, such as indoor water parks and wellness retreats [11][12] Group 4: Strategic Initiatives - VICI Properties has established strategic relationships to identify unique experiential real estate opportunities, including a recent $300 million mezzanine loan for the development of One Beverly Hills [13] - The REIT's ongoing expansion of its portfolio supports its ability to continue increasing dividends, making it a compelling investment choice for income [14][15]