Posted 9/16/2023, 10:18:00 AM

Real Estate Stocks Terreno Realty and Vici Properties Underperform in 2023 But Offer Long-Term Potential

Stocks like Terreno Realty and Vici Properties have underperformed the S&P 500's 17% return in 2023.
Terreno Realty is down 1.12% and Vici Properties is down 0.41% year-to-date.
Both stocks look like potential bargains for patient long-term investors.
Terreno Realty and Vici Properties could rebound as the market recovers.
Motley Fool analysts see upside potential in these real estate investment trusts despite recent underperformance.

fool.com

Relevant topic timeline:

9/4/2023

At $30/Share Or Below, VICI Is A Massive 'Buy' (NYSE:VICI)

The article mentions VICI Properties (NYSE:VICI) as the stock the author has been adding to their portfolio and recommends buying. The author believes that VICI Properties is set for double-digit earnings growth and has the potential for multiple expansions towards a 18-20x P/FFO. The key information and data mentioned about VICI Properties include its transition from junk-rated to IG-rated, a dividend of 5.14% at the current share price level, 100% occupancy rate, 41.8 years of average weighted lease, inflation-protected leases, and its investments in over $30B worth of assets. The author also highlights VICI Properties' move into the wellness sector through its acquisition of Canyon Ranch. The author expects a conservative price target of no less than $38/share for VICI Properties and concludes that it fulfills all their investment criteria, making it a "BUY" in their opinion.

9/13/2023

VICI Properties: This High-Yield REIT Offers Reliable Income and Growth for Retirement Portfolios

The article mentions VICI Properties (NYSE:VICI) as the stock that is being discussed. The author's recommendation is to buy VICI Properties, as they believe it is an attractive income investment for retirement. The author's core argument is that VICI Properties provides a reliable source of passive income through its increasing quarterly dividends. The author also highlights the company's focus on long-term leases, high-quality assets, and strong execution as factors that contribute to its potential for growth and stability. The article provides information about VICI's dividend history and projections, as well as its revenue growth and investment-grade balance sheet. The author also discusses a short strangle strategy involving covered calls and cash-secured puts to generate additional income with VICI shares. Overall, the article presents VICI Properties as a solid choice for retirement portfolios, offering stability, income, and growth prospects. The author rates VICI as a buy.