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-0.000207468879668009 0.000207468879668009 -0.000622406639004173 -0.000622406639004173 -0.00165975103734436 -0.000414937759336164 0.00684647302904561 0.00560165975103726
Stock impact report

VICI Properties: Diversification Needed As Caesars Seeks Rent Cut [Seeking Alpha]

Caesars Entertainment, Inc. (CZR) 
Last caesars entertainment, inc. earnings: 2/25 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.caesars.com/investor-relations
Company Research Source: Seeking Alpha
The REIT is now trading for an 11.92x AFFO multiple. Investors are anxious that the REIT is about to cut the annual rent owed by its largest tenant, Caesars Entertainment. This would harm AFFO coverage, which stood at 131% at the end of the third quarter, and revenue that grew by 3.7% year-over-year. atosan/iStock Editorial via Getty Images VICI Properties Inc. ( VICI ) faces near-term uncertainty and a weak stock price from a pending decision around rent paid by Caesars Entertainment ( CZR ), its largest tenant. This has been overlaid with an This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of VICI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past perf Show less Read more
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