Asset Quality And ValuationVICI's assets are considered to have high quality, strategic geography, and strong economic productivity, which supports a higher valuation premium.
Financial Performance And GrowthVICI reported 3Q AFFO of $0.57, which beat consensus expectations.
Market Position And CompetitionVICI remains well-positioned, with ample liquidity, while there is limited organized and capitalized competition, which should support elevated investment yields despite a lower cost of capital.