VICI currently owns the property assets of 28 gaming venues with its tenant roster, including Caesars Entertainment, Century Casinos, and Penn National Gaming, among others.<\/p>\n
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KeyBanc’s Thomas notes the gaming REIT is \u201cen route to obtain an [investment grade] rating from S&P in the months ahead.\u201d That could be a catalyst for VICI stocks, because the landlord currently carries a \u201cBB\u201d rating — junk status — from S&P, though the outlook on that grade is \u201cpositive.\u201d An improved credit grade could lower VICI’s financing costs if it issues debt in the future.<\/p>\n<\/div>\n
The stock yields 4.99 percent, or more than double the dividend yield on the MSCI US Investable Market Real Estate 25\/50 Index.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"VICI Properties (NYSE:VICI) stock is off almost 10 percent over the past month. But that slide could present investors with an opportunity to get involved with shares of the casino landlord, according to one analyst. In a note to clients today, KeyBanc analyst Todd Thomas upgrades the gaming real estate investment trust (REIT) to \u201coverweight\u201d […]<\/p>\n","protected":false},"author":46,"featured_media":188069,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10],"tags":[],"acf":[],"yoast_head":"\n
VICI Stock Slide Opportunity To Get Involved, Says Analyst<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n