S&P 500 ^GSPC
5,123.41
-1.46%
Nvidia NVDA
$881.95
-2.67%
Meta META
$511.90
-2.15%
Tesla TSLA
$171.05
-2.03%
Amazon AMZN
$186.13
-1.54%
Microsoft MSFT
$421.90
-1.41%
Alphabet GOOG
$159.19
-1.00%
Apple AAPL
$176.55
+0.86%

VICI Properties

Lately, I've been thinking about adding shares of VICI Properties to my portfolio, which focuses primarily on casinos, hotels, bars and golf courses. I am very attracted to this REIT as the fundamentals of this company are very solid and the payout ratio is approximately 70%, while for example REIT Realty Income $O-0.4% has a payout ratio of approximately 220% and both companies pay a similarly high dividend. In addition, the share price of $VICI-0.9% currently looks nice to me as I have the intrinsic share price calculated at $35.

Do you have $VICI-0.9% stock included in your portfolio and if so, at what price are you overbought?

VICI
$27.94 -$0.26 -0.92%
Capital Structure
Market Cap
29.1B
Enterpr. Val.
46.3B
Valuation
P/E
11.3
P/S
8.1
Dividends
Yield
5.8%
Payout
63.0%

Vici is fine, but again they have quite a big debt 🤔

Yeah, the debt is quite large.

And how do you look at it, do you see that as a big risk?

I have both companies in my portfolio, $O-0.4% has been quite according and I regularly overbuy, keeping my purchase around $59 average. I have included $VICI-0.9% relatively recently, I also like it a lot and have a purchase there of about 29$, anything around 30$ purchase looks good to me. 😊

Great, I have those prices set to buy as well. I'll buy $O-0.4% under $58 and I'll buy $VICI-0.9% under $30.

The only thing that puts me off a bit on vici is the debt 🤔 15B is a lot for them.

It's true that their debt is quite high.

I'm thinking about it too, it's on my watchlist.

Great, at least I'm not the only one :D