VICI Properties Inc. (NYSE: VICI) is a real estate investment trust (REIT) specializing in casino properties. Listed on the NYSE under the ticker VICI, the company owns a portfolio of gaming, hospitality, and entertainment destinations, including properties operated by Caesars Entertainment and MGM Resorts International.
Key Takeaways:
- VICI Properties Inc. is expected to show consistent growth in its stock price over the next three decades.
- The company’s focus on experiential real estate positions it well for long-term appreciation.
- Factors such as market trends, economic conditions, and the evolving entertainment industry will play crucial roles in VICI’s stock performance.
- Our projections suggest a compound annual growth rate (CAGR) that could reward patient investors.
- The stock price is forecasted to reach $2700 by 2050, representing significant growth potential.
Overview of VICI Properties Inc.
VICI Properties Inc. (NYSE: VICI) has emerged as a powerhouse in the experiential real estate sector since its 2017 inception. This innovative REIT has rapidly expanded its footprint, now boasting an impressive portfolio of 93 properties spanning 127 million square feet across North America. VICI’s strategic focus on gaming, hospitality, and entertainment assets has positioned it at the forefront of the industry.
Born from Caesars Entertainment’s restructuring, VICI has demonstrated remarkable growth through savvy acquisitions, including the landmark purchases of MGM Growth Properties and The Venetian Resort Las Vegas. With 54 gaming facilities, 39 experiential properties, and over 60,000 hotel rooms under its umbrella, VICI has cultivated partnerships with premier operators to maximize value and drive sustainable growth.
VICI Properties Company Profile
| Country | United States |
| Ticker Symbol | VICI |
| Exchange | New York Stock Exchange |
| Founded | 2017 |
| IPO Date | 2017 |
| Industry | Real Estate Investment Trust (REIT) |
| Sector | Real Estate |
| Employees | 28 |
| CEO | Edward Baltazar Pitoniak |
| Market Cap (July 16, 2024) | $31.58 billion |
| Website | viciproperties |
VICI Properties (VICI) Balance Sheet Analysis
VICI Properties Inc. (NYSE: VICI) demonstrated robust financial health in its 2023 balance sheet. The company’s total assets reached $44.06 billion, reflecting significant growth and expansion in the experiential real estate sector.
With total liabilities of $18.40 billion and a strong equity position of $25.66 billion, VICI maintained a solid financial foundation. This balance supports the company’s ability to pursue future growth opportunities and weather market fluctuations.
The company reported total debt of $17.63 billion and net debt of $16.20 billion. VICI’s substantial invested capital of $41.98 billion underscores its commitment to long-term value creation in the gaming and hospitality real estate market.
VICI’s tangible book value stood at $25.26 billion, further emphasizing its strong market position. This robust balance sheet reinforces VICI’s status as a leading player in the REIT space, particularly in the realm of experiential properties.
Balance Sheet Data Source: finance.yahoo
VICI Properties Stock Price History
VICI Properties Inc. (NYSE: VICI) had its IPO in the year 2017. The all-time high price for VICI Properties Inc. (NYSE: VICI) stock was $35.41, which occurred on August 8, 2022
As of July 16, 2024, the price of VICI Properties Inc. stock stands at $30.27.
VICI Stock Price Forecast 2024
For the remainder of 2024, we anticipate VICI Properties Inc. to experience solid growth of 11.3%. The company’s strategic acquisitions and the ongoing recovery in the hospitality sector are expected to drive positive sentiment.
VICI’s focus on experiential real estate is likely to pay off as consumer spending on experiences continues to rise. The company’s strong portfolio of premium properties, including iconic Las Vegas assets, positions it well to capitalize on the rebounding tourism and entertainment sectors. Investors may see increased dividends as cash flows stabilize.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2024 | $22.50 | $33.70 | $34.90 |
VICI Stock Price Forecast 2025
In 2025, VICI Properties is poised to benefit from its diversified portfolio and the continued strength in the experiential real estate market. We expect the stock to show substantial growth of 12.5% as the company’s investments mature.
The company’s expansion into non-gaming assets could provide new growth avenues and reduce reliance on the casino industry. VICI’s long-term triple-net lease structure offers predictable cash flows, appealing to income-focused investors. Potential international expansions may also contribute to the stock’s upward momentum in 2025.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2025 | $36.50 | $37.90 | $39.30 |
VICI Stock Price Forecast 2026
The year 2026 could see VICI Properties capitalizing on new opportunities in the evolving entertainment landscape. With potential expansions and strategic partnerships, the stock price is expected to reflect the company’s growing market presence, with a projected growth of 13.2%.
VICI may benefit from the integration of technology in its properties, enhancing guest experiences and operational efficiencies. The company’s strong balance sheet could facilitate accretive acquisitions, further driving growth. Increased focus on ESG initiatives may also attract socially conscious investors, potentially boosting the stock price.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2026 | $41.30 | $42.90 | $44.50 |
VICI Stock Price Forecast 2027
As we move into 2027, VICI Properties’ focus on long-term triple-net lease agreements is likely to provide stable cash flows, potentially leading to increased dividends and stock appreciation. We project a growth of 11.8% for this period.
The company’s diversification strategy may start showing significant results, with a balanced portfolio across various experiential real estate segments. VICI’s potential ventures into emerging markets could open up new revenue streams. The stock might also benefit from increased institutional investor interest due to its consistent performance.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2027 | $46.20 | $48.00 | $49.80 |
VICI Stock Price Forecast 2028
The year 2028 may bring new challenges and opportunities in the real estate market. VICI’s adaptability and strong portfolio are expected to drive continued growth of 12.7% in its stock price.
VICI’s investments in smart building technologies could start yielding substantial returns, improving property values and operational efficiency. The company might explore opportunities in the growing e-sports sector, aligning with changing entertainment preferences. Potential tax benefits for REITs could also contribute to increased shareholder value.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2028 | $52.00 | $54.10 | $56.20 |
VICI Stock Price Forecast 2029
In 2029, we anticipate VICI Properties to benefit from its established market position and potential technological integrations in its properties, driving both revenue and stock price growth. The projected increase for this year is 13.5%.
The company’s long-term leases signed in earlier years may undergo favorable rent escalations, boosting income. VICI’s potential expansion into mixed-use developments could diversify its revenue streams further. The stock might also gain from increased global recognition of experiential real estate as a distinct asset class.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2029 | $59.00 | $61.40 | $63.80 |
VICI Stock Price Forecast 2030
As we enter a new decade, VICI Properties is expected to have further strengthened its position as a leader in experiential real estate. This could lead to increased investor confidence and a higher stock valuation. We forecast a growth of 14.2% for 2030.
VICI may benefit from demographic shifts favoring experience-based spending. The company’s potential innovations in virtual and augmented reality experiences could open new revenue streams. Increased focus on sustainability in real estate could position VICI as a leader in green building practices, attracting environmentally conscious investors.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2030 | $67.30 | $70.10 | $72.90 |
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VICI Stock Price Forecast 2031
In 2031, VICI’s strategic acquisitions and potential expansion into new markets could drive significant growth of 12.8% in its stock price.
The company might leverage big data and AI to optimize property management and enhance guest experiences. VICI’s potential ventures into emerging entertainment formats could diversify its portfolio further. The stock may also benefit from increased global investor interest in U.S. REITs as a stable income-generating asset class.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2031 | $75.90 | $79.10 | $82.30 |
VICI Stock Price Forecast 2032
The year 2032 may see VICI Properties benefiting from long-term demographic trends favoring experiential spending, potentially leading to robust stock price appreciation of 13.7%.
VICI could explore opportunities in space tourism-related real estate, aligning with advancements in commercial space travel. The company’s investments in adaptive reuse projects might yield high returns as urban landscapes evolve. Potential changes in REIT regulations could also provide new growth avenues for the company.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2032 | $86.30 | $89.90 | $93.50 |
VICI Stock Price Forecast 2033
In 2033, VICI’s focus on premium properties and potentially expanded international presence could contribute to accelerated stock price growth of 14.5%.
The company might benefit from increased global tourism, particularly in emerging markets where it may have established a presence. VICI’s potential investments in health and wellness-focused properties could align with growing consumer trends. The stock may also gain from increased M&A activity in the REIT sector.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2033 | $98.80 | $102.90 | $107.00 |
VICI Stock Price Forecast 2034
The year 2034 might bring new innovations in the hospitality and entertainment sectors, with VICI potentially at the forefront, driving investor interest and stock price increases of 12.3%.
VICI could leverage advanced robotics and automation in property management, improving operational efficiency. The company’s potential expansion into educational and cultural experience venues might open new market segments. Increased focus on data privacy might position VICI as a leader in secure, tech-enabled real estate.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2034 | $111.00 | $115.60 | $120.20 |
VICI Stock Price Forecast 2035
In 2035, VICI Properties could benefit from its mature portfolio and potential new ventures, leading to substantial stock price appreciation of 13.9%.
The company might explore opportunities in climate-resilient properties, addressing growing concerns about environmental changes. VICI’s potential investments in autonomous vehicle-friendly infrastructure could align with evolving transportation trends. The stock may also benefit from increased interest in REITs as a hedge against potential economic uncertainties.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2035 | $126.50 | $131.70 | $136.90 |
VICI Stock Price Forecast 2036
The year 2036 may see VICI capitalizing on evolving consumer preferences and technological advancements, potentially driving significant stock price growth of 14.8%.
VICI could benefit from the integration of advanced AI and IoT technologies in its properties, enhancing guest experiences and operational efficiencies. The company’s potential expansion into virtual real estate and digital asset management might open new revenue streams. Increased focus on personalized experiences could position VICI as a leader in next-generation hospitality.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2036 | $145.20 | $151.20 | $157.20 |
VICI Stock Price Forecast 2037
In 2037, VICI’s long-term lease agreements and potential diversification into new real estate segments could contribute to robust stock price increases of 13.2%.
The company might explore opportunities in sustainable urban development projects, aligning with global urbanization trends. VICI’s potential investments in biotech and life sciences real estate could diversify its portfolio further. The stock may also benefit from increased interest in REITs as a stable income source in a potentially volatile economic environment.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2037 | $164.30 | $171.20 | $178.10 |
VICI Stock Price Forecast 2038
The year 2038 might bring new opportunities in virtual and augmented reality experiences, with VICI potentially adapting its portfolio to capitalize on these trends, driving stock price growth of 12.7%.
VICI could leverage advanced neurotechnology to create immersive experiences in its properties. The company’s potential expansion into space-based real estate projects might position it as a pioneer in a new frontier. Increased focus on wellness and mindfulness could lead to innovative property developments catering to these trends.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2038 | $185.20 | $192.90 | $200.60 |
VICI Stock Price Forecast 2039
In 2039, VICI Properties could benefit from its established market position and potential expansion into emerging markets, leading to significant stock price appreciation of 14.3%.
The company might explore opportunities in underwater real estate development, addressing land scarcity issues in coastal areas. VICI’s potential investments in quantum computing infrastructure could position it at the forefront of technological real estate. The stock may also gain from increased global interest in U.S. REITs as a stable investment option.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2039 | $211.70 | $220.50 | $229.30 |
VICI Stock Price Forecast 2040
As we enter the 2040s, VICI’s adaptability to changing market conditions and potential leadership in sustainable real estate practices could drive substantial stock price growth of 13.8%.
VICI might benefit from advancements in renewable energy, potentially making its properties energy-independent. The company’s possible ventures into off-world hospitality could align with progress in space tourism. Increased focus on biophilic design in real estate might position VICI as a leader in health-promoting built environments.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2040 | $241.00 | $251.00 | $261.00 |
VICI Stock Price Forecast 2050
Looking ahead to 2050, our long-term projection for VICI Properties stock shows significant potential for growth. We forecast a cumulative growth of 975.7% from 2040 to 2050, averaging about 26.5% per year over this decade.
By 2050, VICI could be at the forefront of integrating advanced AI, robotics, and nanotechnology in real estate. The company might have expanded into new frontiers like underwater cities or space habitats. VICI’s potential leadership in climate-adaptive and resilient properties could be highly valued in a changing environmental landscape.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2050 | $2565.00 | $2700.00 | $2835.00 |
Compound Annual Growth Rate (CAGR)
Based on our projections from 2024 to 2050, we calculate the Compound Annual Growth Rate (CAGR) for VICI Properties stock to be approximately 18.7%. This impressive growth rate reflects our optimistic outlook on the company’s long-term prospects and its ability to create value for shareholders.
Conclusion
Our analysis of VICI Properties Inc. (NYSE: VICI) stock price forecast from 2024 to 2050 reveals a promising outlook for long-term investors. We project the stock to reach $2700 by 2050, representing a substantial increase over the 26-year period.
The projected growth is based on several factors, including VICI’s strong portfolio of premium properties, its focus on experiential real estate, and its potential to adapt to changing market conditions. The company’s strategic positioning in the entertainment and hospitality sectors, combined with its long-term triple-net lease agreements, provides a solid foundation for sustained growth.
FAQs
1. What is the future of VICI share price?
According to our projections, the future of VICI’s share price looks promising. We forecast significant growth from $30.27 in July 2024 to $2700 by 2050. This represents a compound annual growth rate (CAGR) of approximately 18.7% over this period.
2. What is the VICI share prediction for 2030?
Our forecast for VICI’s share price in 2030 is an average of $70.10, with a low estimate of $67.30 and a high estimate of $72.90. This represents a projected growth of 14.2% for that year.
3. What is the VICI 10 year outlook?
Looking at the 10-year period from 2024 to 2034, our projections show steady growth. By 2034, we forecast VICI’s average share price to reach $115.60, with a low estimate of $111.00 and a high estimate of $120.20. This represents significant growth from the 2024 price of $33.70.
4. Is VICI a buy, hold, or sell?
We would consider VICI Properties Inc. (NYSE: VICI) as a “Buy” for long-term investors. The forecasts suggest a robust compound annual growth rate (CAGR) of 18.7% from 2024 to 2050. This indicates significant long-term appreciation potential. VICI’s focus on long-term triple-net lease agreements provides a stable cash flow, which is attractive for income-focused investors.
5. Who are the major competitors of VICI?
As a real estate investment trust (REIT) focused on experiential properties, particularly in the gaming and hospitality sectors, VICI Properties Inc. has several major competitors. Here are some of the key ones:
- Gaming and Leisure Properties, Inc. (GLPI): A REIT specializing in casino properties.
- MGM Growth Properties LLC (MGP): Another REIT focused on casino and resort properties.
- Realty Income Corporation (O): While not exclusively focused on gaming, this REIT owns many experiential properties.
- EPR Properties (EPR): A REIT that invests in entertainment, recreation, and education properties.
- Hospitality Properties Trust (HPT): Focuses on hotels and travel centers.
- Ryman Hospitality Properties, Inc. (RHP): Specializes in group-oriented destination hotel assets.
- CorePoint Lodging Inc. (CPLG): Primarily owns midscale and upper-midscale select-service hotels.
Disclaimer:
The stock price predictions provided herein are based on historical data, current market trends, and analysis. However, past performance does not guarantee future results. Stock markets are inherently volatile and subject to numerous economic, political, and market factors that can cause rapid and unpredictable fluctuations in stock prices. The information provided is for educational and informational purposes only and should not be construed as financial advice. It is strongly recommended that you consult with a qualified financial advisor before making any investment decisions. Invest responsibly and consider your individual financial situation, risk tolerance, and investment objectives before acting on any information provided.
