VICI Properties

VICI Properties has appointed John M. Sullivan as an independent member of its board of directors; the appointment is subject to regulatory approvals and expands the board to eight members. Sullivan will serve on the compensation and the nominating and corporate governance committees. He was most recently CEO of Cadillac Fairview, brings more than 25 years of real estate experience and multiple board roles, and holds degrees in civil engineering and business administration. VICI is a REIT specializing in gaming, hospitality and entertainment properties with 103 assets in the U.S. and Canada. » More on de.investing.com

Vici Properties shares dropped to a 52-week low of $25.36 and are down about 24.06% year-to-date. The REIT trades at a P/E of 9.93 and offers a dividend yield of roughly 7% after the company raised its dividend for the eighth consecutive year. For Q2 2026 Vici reported revenue of $1.06 billion (above estimates), adjusted EPS of $0.48 (below expectations), and slightly raised its AFFO outlook. For refinancing the company completed a $1.75 billion bond issuance (maturities 2031/2036, coupons 5.400% and 5.750%). An analysis by InvestingPro classifies Vici as undervalued at this level and rates its financial health as "VERY GOOD" (3.21). » More on de.investing.com

Vici Properties’ stock fell to a 52-week low of $25.78, leaving it down 22.41% year to date. The REIT trades at a P/E of 10.13 and offers a dividend yield of 6.92%; InvestingPro values fair value at $29.63 and rates the stock as undervalued. Vici completed a $1.75 billion bond issuance (coupons 5.400% for 2031 and 5.750% for 2036) to retire several senior notes maturing 2026–2026. In Q2 2026, revenue beat expectations but adjusted EPS missed; the AFFO outlook for the year was slightly raised. » More on de.investing.com