VICI Q2 AFFO Rises 4.6%, Raises Low End of 2026 Guidance
VICI is trading near its 52-week low of $25.815 (4.6% above the low).
Summary
VICI Properties reported Q2 AFFO of $0.62 per share, up 4.6% year-over-year, and raised the low end of its full-year 2026 AFFO guidance to $2.45 per share from $2.44. The company also raised its 2026 FFO forecast, citing stronger rental income. Net income dropped 39% due to a non-cash credit loss provision, but revenue grew 5.7% to $1.06 billion on recent acquisitions. The stock is trading near its 52-week low, so the guidance raise and AFFO growth may provide some support. The updated outlook follows the 8-K and 10-Q filed earlier today, adding market reaction and price context.
At the time of this announcement, VICI was trading at $27.00 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $29B. The 52-week trading range was $25.82 to $34.01. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: dpa-AFX.