VICI Properties

VICI

Market cap $32.3B

REITs are poised for potential outperformance in 2026, driven by anticipated lower interest rates and investor rotation from growth to value. Getty Realty (GTY) and VICI Properties (VICI) offer attractive valuations, strong fundamentals, and yields near 6%, supporting double-digit total return potential. GTY trades at a forward P/AFFO of 12.77x with 99.7% occupancy, while VICI has diversified assets and achieved 5.1% AFFO growth in 2025.

VICI Properties Inc. (VICI) Q4 2025 Earnings Call Transcript

VICI posts higher Q4 AFFO and 2025 growth but misses revenue estimates as other income and golf revenues decline.

VICI Properties Inc. (VICI) came out with quarterly funds from operations (FFO) of $0.6 per share, in line with the Zacks Consensus Estimate . This compares to FFO of $0.57 per share a year ago.

The headline numbers for VICI Properties (VICI) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

NEW YORK--(BUSINESS WIRE)---- $VICI--VICI Properties Inc. Announces Fourth Quarter and Full Year 2025 Results.

We added to our senior housing investment theme by purchasing additional shares of Ventas, Inc. During the quarter, we reacquired shares in best-in-class self-storage REIT Extra Space Storage Inc., which owns or operates a portfolio of over 4,200 properties in the U.S., with 14% total market share by square footage. During the quarter, we exited the Fund's position in Vornado Realty Trust.

Vici Properties has a dividend yield of over 6% with a relatively low payout ratio. It maintains high profitability and grows its dividend regularly.

VICI gears up for Q4 earnings results, with revenues seen rising 4.08% and AFFO per share up 5.26%, backed by CPI-linked leases and portfolio growth.

I am shifting from the 5% Rule to a 4% yield focus, blending income and growth for optimal long-term wealth building.