Stock Pulse
VICI Properties (VICI) demonstrated strong performance in Q4 2024 with AFFO per share up 3.6% year-over-year and revenue growth driven by sales-type leases and lease financing [3]. The company invested $1.1 billion in 2024, including significant investments in The Venetian Resort and One Beverly Hills, further diversifying its portfolio [2], [3]. VICI achieved investment-grade ratings from all three major agencies, including an upgrade from Moody's to Baa3 [3]. The company’s stock price is up 10.3% year-to-date, outperforming the industry, supported by its strategic partnerships, consistent dividend of $0.4325 per share [1], [4], strong financial flexibility, and focus on experiential properties [1], [2]. While tenant concentration and debt burden remain risks [1], VICI's consistent dividend growth, strong liquidity, and strategic investments position it well for continued growth [3].