Millrose Properties (NYSE:MRP) & VICI Properties (NYSE:VICI) Critical Contrast

Millrose Properties (NYSE:MRP) and VICI Properties (NYSE:VICI) are both real estate companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, institutional ownership, profitability, risk, valuation and earnings.

Earnings & Valuation

This table compares Millrose Properties and VICI Properties”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Millrose Properties	$600.46 million	5.78	$379.86 million	$2.87	7.83
VICI Properties	$4.01 billion	6.48	$2.78 billion	$2.58	9.14

VICI Properties has higher revenue and earnings than Millrose Properties. Millrose Properties is trading at a lower price-to-earnings ratio than VICI Properties, indicating that it is currently the more affordable of the two stocks.

Dividends

Millrose Properties pays an annual dividend of $3.16 per share and has a dividend yield of 14.1%. VICI Properties pays an annual dividend of $1.84 per share and has a dividend yield of 7.8%. Millrose Properties pays out 110.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. VICI Properties pays out 71.3% of its earnings in the form of a dividend. VICI Properties has increased its dividend for 4 consecutive years.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Millrose Properties and VICI Properties, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Millrose Properties	0	3	0	1	2.50
VICI Properties	0	8	7	0	2.47

Millrose Properties currently has a consensus target price of $36.50, indicating a potential upside of 62.33%. VICI Properties has a consensus target price of $30.00, indicating a potential upside of 27.19%. Given Millrose Properties’ stronger consensus rating and higher probable upside, research analysts clearly believe Millrose Properties is more favorable than VICI Properties.

Profitability

This table compares Millrose Properties and VICI Properties’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Millrose Properties	62.60%	8.13%	5.07%
VICI Properties	67.50%	9.66%	5.87%

Institutional & Insider Ownership

97.7% of VICI Properties shares are owned by institutional investors. 0.2% of Millrose Properties shares are owned by insiders. Comparatively, 0.3% of VICI Properties shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Volatility & Risk

Millrose Properties has a beta of 0.53, suggesting that its stock price is 47% less volatile than the S&P 500. Comparatively, VICI Properties has a beta of 0.65, suggesting that its stock price is 35% less volatile than the S&P 500.

Summary

VICI Properties beats Millrose Properties on 13 of the 18 factors compared between the two stocks.

About Millrose Properties

Millrose Properties, Inc. is a real estate investment and management company that focuses on acquiring, developing, and managing high-quality commercial properties. They are headquartered in Purchase, New York.

About VICI Properties

VICI Properties Inc. is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip. VICI Properties owns 93 experiential assets across a geographically diverse portfolio consisting of 54 gaming properties and 39 other experiential properties across the United States and Canada. The portfolio is comprised of approximately 127 million square feet and features approximately 60,300 hotel rooms and over 500 restaurants, bars, nightclubs and sportsbooks. Its properties are occupied by industry-leading gaming, leisure and hospitality operators under long-term, triple-net lease agreements. VICI Properties has a growing array of real estate and financing partnerships with leading operators in other experiential sectors, including Bowlero, Cabot, Canyon Ranch, Chelsea Piers, Great Wolf Resorts, Homefield, and Kalahari Resorts. VICI Properties also owns four championship golf courses and 33 acres of undeveloped and underdeveloped land adjacent to the Las Vegas Strip. VICI Properties’ goal is to create the highest quality and most productive experiential real estate portfolio through a strategy of partnering with the highest quality experiential place makers and operators.