US · VICI
VICI Properties Inc.
- Sector
- Real Estate · REIT - Diversified
- Headquarters
- New York City, NY 10022
- Website
- viciproperties.com
Price · as of 2025-12-31
$28.58
Market cap 32.29B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $31.02 | +8.54% |
| Intrinsic Value(DCF) | $12.14 | -57.52% |
| Graham-Dodd Method(GD) | $13.06 | -54.29% |
| Graham Formula(GF) | $31.25 | +9.34% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | |||||
| 2012 | |||||
| 2013 | |||||
| 2014 | |||||
| 2015 | |||||
| 2016 | $0.28 | $0.10 | |||
| 2017 | $12.84 | $120.23 | $0.00 | $14.97 | $122.21 |
| 2018 | $14.58 | $48.22 | $0.00 | $14.96 | $483.22 |
| 2019 | $17.57 | $25.98 | $0.00 | $7.21 | $9.72 |
| 2020 | $21.98 | $33.40 | $0.00 | $9.27 | $76.67 |
| 2021 | $21.91 | $33.56 | $0.00 | $10.27 | $54.46 |
| 2022 | $27.04 | $37.81 | $0.00 | $10.52 | $98.31 |
| 2023 | $26.00 | $37.66 | $0.00 | $13.87 | $112.09 |
| 2024 | $30.84 | $36.79 | $0.00 | $13.03 | $36.96 |
| 2025 | $30.36 | $31.02 | $0.00 | $13.06 | $31.25 |
AI valuation
Our deep-learning model estimates VICI Properties Inc.'s (VICI) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $31.02
- Current price
- $28.58
- AI upside
- +8.54%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$12.14
-57.52% upside
Graham-Dodd
$13.06
-54.29% upside
Graham Formula
$31.25
+9.34% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| VICI | VICI Properties Inc. | $28.58 | 32.29B | +9% | -58% | -54% | +9% | — | 1.16 | 8.05 | 8.68 | — | 1.16 | 99.15% | 91.05% | 69.28% | 0.00% | 10.29% | 0.00% | 0.00 | 4.46 | 2.55 | 2.55 | -0.15 | 195.00% | 408.00% | 567.00% | 7.78% | 10.51 | 7.08% | 5.75% | — | 60.61% | 8.67 | 12.61 | 7.90 | 1.48 |
| AVB | AvalonBay Communities, In… | $177.23 | 25.09B | -19% | -57% | -91% | -49% | 23.86 | 2.13 | 8.30 | 15.42 | — | 2.13 | 66.99% | 30.07% | 34.64% | 8.89% | 4.45% | 4.89% | 0.79 | 3.53 | 0.25 | 0.25 | 4.10 | -276.00% | 429.00% | 1853.00% | 6.63% | 2.26 | 8.14% | 3.94% | 93.90% | 5.87% | 37.59 | 20.56 | 11.30 | 1.70 |
| CCI | Crown Castle Inc. | $89.54 | 38.99B | +12% | -60% | — | — | 87.72 | -23.82 | 9.13 | 24.66 | — | -5.11 | 66.07% | 48.75% | 10.41% | -50.23% | 7.19% | 1.38% | -18.08 | 2.17 | 0.26 | 0.14 | 10.59 | -11136.00% | -3506.00% | 6705.00% | 7.38% | 0.68 | 10.08% | 5.34% | 468.50% | 5.91% | 32.82 | 23.74 | 16.00 | 0.04 |
| CSGP | CoStar Group, Inc. | $44.63 | 18.92B | +11% | -21% | -82% | -99% | 2689.55 | 2.26 | 5.80 | 66.60 | — | 11.63 | 75.24% | -2.22% | 0.22% | 0.09% | -0.50% | 0.07% | 0.12 | — | 2.84 | 2.64 | -2.62 | -9512.00% | 1867.00% | -11671.00% | 0.22% | 0.58 | 0.71% | 0.00% | 0.00% | 3.05% | -251.60 | 441.83 | 5.58 | 5.65 |
| EQR | Equity Residential | $63.21 | 23.86B | -29% | -59% | -96% | -44% | 21.37 | 2.17 | 7.72 | 13.97 | 305.90 | 2.17 | 46.32% | 36.33% | 36.12% | 10.14% | 5.72% | 5.39% | 0.80 | 4.75 | 0.05 | 0.06 | 3.73 | 699.00% | 406.00% | 277.00% | 5.39% | 1.39 | 6.58% | 4.38% | 93.50% | 5.55% | 28.99 | 25.33 | 10.53 | 1.88 |
| EXR | Extra Space Storage Inc. | $151.03 | 31.89B | -26% | -60% | — | -72% | 31.63 | 2.41 | 9.57 | 19.54 | 227.60 | 2.44 | 28.43% | 44.09% | 28.84% | 7.47% | 5.19% | 3.52% | 1.11 | 2.34 | 1.28 | 1.28 | 6.14 | 1390.00% | 119.00% | -203.00% | 5.66% | 1.33 | 6.64% | 4.25% | 134.40% | 4.71% | 31.68 | 25.79 | 13.97 | 1.53 |
| IRM | Iron Mountain Incorporate… | $108.33 | 32.05B | -12% | -57% | — | -91% | 214.06 | -33.22 | 4.72 | 24.71 | — | -4.32 | 25.69% | 20.36% | 2.09% | -20.52% | 6.03% | 0.76% | -19.42 | 1.69 | 0.74 | 0.61 | 9.07 | -1967.00% | 1223.00% | 4175.00% | -2.86% | 0.51 | -5.54% | 2.82% | 603.90% | 2.82% | 36.63 | -55.26 | 7.46 | 1.05 |
| MAA | Mid-America Apartment Com… | $133.86 | 15.65B | -39% | -54% | — | -75% | 34.36 | 2.76 | 7.10 | 15.92 | — | 2.76 | 31.83% | 28.04% | 20.23% | 7.84% | 5.60% | 3.84% | 0.95 | 3.34 | 0.16 | 0.15 | 4.05 | -1581.00% | 83.00% | -747.00% | 4.58% | 1.48 | 6.55% | 4.54% | 156.10% | 4.72% | 33.88 | 29.23 | 9.50 | 1.63 |
| SBAC | SBA Communications Corpor… | $201.16 | 21.44B | -31% | -56% | — | -37% | 20.80 | -4.39 | 7.58 | 12.69 | 50.46 | -2.76 | 47.94% | 54.91% | 37.43% | -20.59% | 27.81% | 8.92% | -0.90 | 3.30 | 0.29 | 0.16 | 2.04 | 4121.00% | 506.00% | -363.00% | 5.00% | 0.48 | 22.60% | 2.25% | 46.70% | 58.39% | 16.44 | 23.83 | 9.03 | 0.39 |
| VTR | Ventas, Inc. | $86.16 | 40.92B | -43% | -36% | — | -84% | 156.88 | 3.15 | 6.76 | 23.19 | 85.17 | 3.44 | -5.90% | 14.17% | 4.31% | 2.16% | 3.40% | 0.93% | 1.06 | 1.35 | 0.96 | 0.83 | 5.57 | 18421.00% | 1847.00% | 2463.00% | 3.34% | 1.21 | 5.42% | 2.18% | 342.10% | 3.10% | 62.79 | 39.43 | 8.90 | 1.88 |
About VICI Properties Inc.
VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace. VICI Properties' national, geographically diverse portfolio consists of 29 gaming facilities comprising over 48 million square feet and features approximately 19,200 hotel rooms and more than 200 restaurants, bars and nightclubs. Its properties are leased to industry leading gaming and hospitality operators, including Caesars Entertainment, Inc., Century Casinos Inc., Hard Rock International, JACK Entertainment and Penn National Gaming, Inc. VICI Properties also owns four championship golf courses and 34 acres of undeveloped land adjacent to the Las Vegas Strip. VICI Properties' strategy is to create the nation's highest quality and most productive experiential real estate portfolio.
- CEO
- Edward Baltazar Pitoniak
- Employees
- 27
- Beta
- 0.79
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($12.14 ÷ $28.58) − 1 = -57.52% (DCF, example).