5 High Growth Real Estate Stocks that are Profitable

3. VICI Properties Inc. (NYSE:VICI)

Number of Hedge Fund Holders: 33

VICI Properties Inc. (NYSE:VICI) is one of the high-yield dividend stocks in the real estate industry that has been posting strong revenue growth despite headwinds in the market. For the third quarter, VICI Properties Inc. (NYSE:VICI)’s FFO came in at $0.49, missing estimates by $0.08. Revenue in the quarter came in at $751.5 million, which was up a whopping 100% from the comparable quarter last year. This revenue metric also beat estimates by $13.27 million. VICI Properties Inc. (NYSE:VICI) said that its AFFO for the year ending December 31, 2022, will come in between $1,682.0 million and $1,692.0 million, or between $1.91 and $1.92 per diluted common share, versus the consensus of $1.59. VICI Properties Inc. (NYSE:VICI) also declared a dividend of $0.39 per share, which shows an 8.3% year-over-year increase.

As of the end of the third quarter of 2022, 33 hedge funds tracked by Insider Monkey reported owning shares in VICI Properties Inc. (NYSE:VICI). The total worth of these stakes was over $308 million.