The events that unfolded around VICI Properties Inc. have grabbed significant attention. The real estate investment trust (REIT) has been tagged as one of the most undervalued investments in the market. The company has announced the pricing of their public offering of $1.3 billion of senior unsecured notes, a major debt deal that strategically extends to 2035. This move follows a 9.5% YTD rise in the stock, however, there were some misunderstandings on their earnings report. Notably, the company secured investments from the likes of Norges Bank and Nomura, amongst others. The company announced zero dividends per share for Q1 2025 and recently issued its fourth-quarter and full-year 2024 results. Importantly, they also announced a new $2.5 billion unsecured credit facility and saw their stock price target increased by Stifel Nicolaus. Despite some market fluctuations, VICI Properties endured showing resilience about further possible gains. They have been speculating regarding their future performance, including the potential of their dividend's growth and their stock's resistance to rate concerns and policy shifts.
Vici Properties VICI News Analytics from Thu, 31 Oct 2024 07:00:00 GMT to Sat, 29 Mar 2025 22:15:32 GMT - Rating 8 - Innovation 5 - Information 7 - Rumor 3
