Stockchase Opinions

The Weekly Buzzing Stocks by Billy Kawasaki VICI Properties VICI-N TOP PICK Feb 29, 2024

Vici properties offers premier rentals and property management services. we rent and manage houses, condos, and apartments throughout ontario. we offer a full-service, worry-free solution for rental property management. our goal is to protect your investment by saving you time, effort, and money — you will maximize your cash flow, minimize your tenant vacancy period, and have a well-maintained property. we recognize the value of your real estate asset and to protect it we offer predictable property management services delivered at consistently high standards. whether you are looking for superior property management services, or you would like to purchase an investment property, vici properties can help. Social media mentions are up 250% in the past 24h.

$29.805

Stock price when the opinion was issued

REAL ESTATE
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

BUY
Buy and hold it now. It broke-out at $22.50, which is now support on the downside.
BUY
A REIT for casinos and golf courses. It's a good way to play the return of leisure and acts as an inflation hedge. Trades cheaply, and pays a 5.1% dividend. Up almost 8% in a week and has more room to run.
BUY
The only positive real estate S&P stock this year. They own land at casinos, gold courses and wellness retreats. Up 9% this year. It's a safe way to play the travel and leisure boom, with a healthcare kicker. They own land beneath Las Vegas casinos, like MGM. Trades at 14x 2023 funds from operations. Buy it at these levels.
BUY
Has recommended this REIT before. Safer than owning a casino because they own the casino's land. Trades at under 14x funds from operations. Expected to deliver 69% growth this year. Pays a 4.65% dividend.
BUY

Was the only real estate play to give a positive return last year on the S&P. Yesterday they reported another solid quarter; total revenues jumped 100% YOY in Q4. They own Caesars Palace and MGM Grand in Vegas.

BUY

It's a consistent dividend payer, so he likes it.

WEAK BUY

Pays a 5% dividend, more than T-Bills. It won't set the world on fire, but it's fine. A well-run company.

HOLD
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

VICI has been flat since 2021, although it does pay a nice yield of 6%, and analyst estimates have been rising. It trades at a good valuation of 1.2X book, and 15X forward EV/EBITDA. Margins are growing, and it has a good free cash flow yield. We might expect to see it perform better in a declining interest rate environment, but it has been quite choppy over the past several years. We would consider it a decent income stock, but we would not expect too much in the way of capital appreciation.
Unlock Premium - Try 5i Free