| VICI |
Report |
Q2 AFFO / share |
IN-LINE |
pred ~$0.62 vs. cons $0.62 |
HIGH |
| VICI |
Report |
Total revenue |
IN-LINE |
pred ~$1.05B vs. cons $1.05B |
MEDIUM |
| VICI |
Report |
AFFO ($M) |
IN-LINE |
pred ~$672M vs. cons $670M |
MEDIUM |
| VICI |
Guide |
FY2026 AFFO / share guide |
BETTER |
guide ~$2.45-$2.48 (mid $2.465) vs. cons $2.46 (FY2026) |
MEDIUM |
| VICI |
Guide |
FY2026 AFFO ($M) guide |
BETTER |
guide ~$2,675-$2,705M (mid $2,690M) vs. cons $2,685M (FY2026) |
MEDIUM |
| VICI |
Guide |
Caesars rent coverage / tenant-credit commentary (Fertitta take-private) |
UNCHANGED |
pred coverage ~1.9x vs. prior ~1.9x (Q2 master leases) |
MEDIUM |
| VICI |
Guide |
2026 refi hedge coverage / expected refi rate |
UNKNOWN |
pred ~$500M+ swaps hedged vs. $1.75B notes maturing at ~4.4% avg (2026 maturities) |
LOW |
| VICI |
Guide |
Net debt / EBITDA leverage |
UNCHANGED |
pred ~5.0x vs. target 5.0-5.5x (Q2 2026) |
HIGH |
| VICI |
Return |
Day-1 residual (stock − beta × S&P 500) |
+0.5% |
— |
LOW |
| VICI |
Return |
5-day cumulative residual |
-0.5% (STABILIZE) |
Triple-net rent makes AFFO print essentially in-line with the raised guide, and any FY bump is marginal (Golden already embedded, Gamehost small), so there are no material estimate revisions in either direction. With no out-period math to drive follow-through, the idiosyncratic component drifts near zero; the dominant swing factors — the live 7/29 Fed decision and Caesars/Fertitta credit sentiment — are macro/beta rather than stock-specific, so residual return stabilizes around flat with a slight fade bias if commentary on Las Vegas coverage is cautious. |
LOW |