VICI Properties: A DCF Analysis of Gaming Real Estate Strength and Upside Potential

VICI Properties has seen a 0.9% decline over the last 7 days and a 1.0% decline year-to-date. The stock scores a perfect 6 out of 6 on our valuation checks, with a discounted cash flow (DCF) analysis indicating a 48.5% undervaluation based on its intrinsic value of $54.08 per share. VICI Properties is a major owner of gaming and hospitality real estate with ongoing triple net leases with large operators.