VICI Properties (NYSE:VICI) Sees Unusually-High Trading Volume – What’s Next?

VICI Properties Inc. (NYSE:VICI) shares saw unusually-high trading volume on Wednesday . 8,957,476 shares traded hands during mid-day trading, a decline of 3% from the previous session’s volume of 9,230,900 shares.The stock last traded at $27.0470 and had previously closed at $26.62.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on VICI shares. Robert W. Baird lowered their price objective on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research note on Monday, March 2nd. Royal Bank Of Canada assumed coverage on shares of VICI Properties in a report on Thursday. They set a “sector perform” rating and a $29.00 target price for the company. Scotiabank decreased their price target on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research report on Thursday, June 18th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a report on Wednesday. Finally, Barclays raised their price objective on VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Seven investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $32.86.

VICI Properties Price Performance

The stock’s fifty day moving average price is $28.07 and its 200-day moving average price is $28.31. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.62 and a quick ratio of 3.62. The firm has a market cap of $28.33 billion, a price-to-earnings ratio of 9.08 and a beta of 0.65.

VICI Properties (NYSE:VICI) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.71 by $0.11. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the prior year, the firm earned $0.58 EPS. The firm’s quarterly revenue was up 3.5% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Equities research analysts predict that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.

VICI Properties Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be issued a $0.45 dividend. The ex-dividend date is Thursday, June 18th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.8%. VICI Properties’s dividend payout ratio is presently 61.64%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Bayban purchased a new stake in VICI Properties in the 4th quarter worth about $25,000. Dynamic Wealth Strategies LLC purchased a new position in VICI Properties during the 1st quarter valued at about $25,000. State of Wyoming purchased a new position in VICI Properties during the 2nd quarter valued at about $26,000. Evolution Wealth Management Inc. acquired a new position in shares of VICI Properties in the 4th quarter valued at about $28,000. Finally, Headlands Technologies LLC acquired a new position in shares of VICI Properties in the 2nd quarter valued at about $28,000. Hedge funds and other institutional investors own 97.71% of the company’s stock.

About VICI Properties

VICI Properties (NYSE: VICI) is a publicly traded real estate investment trust (REIT) that specializes in experiential real estate, with a primary focus on gaming, hospitality and entertainment assets. The company acquires, owns and manages a portfolio of destination properties and leases those assets to operators under long-term agreements, generating rental income and partnering on property development and capital projects. VICI was formed in connection with the restructuring of Caesars Entertainment and has since grown through acquisitions and strategic transactions to expand its footprint in the gaming and leisure sector.

The company’s portfolio is concentrated in major U.S.