Seeking Alpha
12 Oct 2026, 11:35 UTC · 1h ago
Cheaper Than March 2020: Why We're Buying VICI Properties At An 8% Yield
Impact · against what's priced in
The article provides no catalyst for VICI Properties as its claims regarding valuation and dividend policy are already reflected in the current share price. The market is already aware of the steep discount to historical multiples and the steady nature of the growth, meaning these 'historic' entry points are already baked into the current valuation.
- VICI+0.00
Already priced in
- The price assumes
A 4.5% year-over-year AFFO per share growth and the recent guidance raise to $2.45-$2.47 per share
The mention of a 2.2% dividend increase aligned with CPI-linked escalators simply confirms the steady, low-single-digit growth the market has already priced into the stock.
What VICI's price assumes · Sep 2
