VICI Properties updated its full-year 2026 adjusted funds from operations guidance to between $2.45 and $2.47 per diluted common share, raising the low end by one cent. CFO David Kieske said AFFO for the year is expected to be between $2.675 billion and $2.695 billion, and reported second-quarter AFFO of $0.62 per share, up 4.6% from a year earlier. The company also highlighted its first build-to-suit investment, a $75 million Club Med resort in St. Croix, with a targeted opening in the fourth quarter of 2027. VICI ended the quarter with total debt of $17.2 billion, net leverage of approximately 4.9 times, and total liquidity of about $2.5 billion.
VICI Properties IncRaises low end of 2026 AFFO guidance and reports 4.6% YoY AFFO growth