VICI raises 2026 guidance after revenue and AFFO growth
Filed with the SEC on · Summarized by InvestorsBot
VICI’s third-quarter 2026 revenue rose 5.8% year over year to $1.1 billion, while AFFO increased 7.5% to $685.2 million, or $0.62 per diluted share; net income fell to $342.5 million because of a $458.0 million non-cash credit-loss allowance increase. The company raised full-year 2026 AFFO guidance to $2.695 billion-$2.705 billion, issued $1.75 billion of senior notes to refinance 2026 maturities, increased its quarterly dividend 2.2% to $0.46 per share, and authorized a share repurchase program of up to $2.0 billion; it also expects to add Highfield Investment Group as a tenant under a 20-year Alberta racetrack lease with C$10.7 million of initial annual rent, subject to closing conditions and regulatory approvals.