VICI Properties Inc. (NYSE:VICI) Receives Average Rating of “Moderate Buy” from Brokerages

VICI Properties Inc. (NYSE:VICI) has been assigned an average recommendation of “Moderate Buy” from the fourteen ratings firms that are covering the firm, Marketbeat.com reports. Seven equities research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $32.5714.

A number of research firms have issued reports on VICI. Morgan Stanley decreased their target price on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft set a $31.00 target price on shares of VICI Properties in a research note on Monday, May 4th. Scotiabank cut their price objective on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a report on Thursday, June 18th. Royal Bank Of Canada started coverage on VICI Properties in a research note on Thursday, June 25th. They set a “sector perform” rating and a $29.00 price target on the stock. Finally, Barclays boosted their target price on shares of VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st.

Institutional Trading of VICI Properties

Several hedge funds have recently modified their holdings of VICI. Tema ETFs LLC increased its stake in VICI Properties by 36.8% in the second quarter. Tema ETFs LLC now owns 20,674 shares of the company’s stock valued at $549,000 after purchasing an additional 5,564 shares in the last quarter. Handelsbanken Fonder AB increased its holdings in shares of VICI Properties by 13.3% during the second quarter. Handelsbanken Fonder AB now owns 801,215 shares of the company’s stock valued at $21,272,000 after acquiring an additional 93,831 shares in the last quarter. Gradient Investments LLC bought a new position in shares of VICI Properties in the 2nd quarter worth $341,000. Chesley Taft & Associates LLC increased its stake in VICI Properties by 10.9% during the 2nd quarter. Chesley Taft & Associates LLC now owns 9,735 shares of the company’s stock valued at $258,000 after purchasing an additional 958 shares in the last quarter. Finally, Teamwork Financial Advisors LLC grew its holdings in shares of VICI Properties by 8.0% during the second quarter. Teamwork Financial Advisors LLC now owns 26,765 shares of the company’s stock valued at $711,000 after buying an additional 1,988 shares during the last quarter. Institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Down 0.4%

Shares of VICI opened at $26.29 on Wednesday. The firm has a 50 day simple moving average of $27.56 and a two-hundred day simple moving average of $28.17. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.62 and a quick ratio of 3.62. VICI Properties has a one year low of $25.82 and a one year high of $34.01. The company has a market cap of $28.10 billion, a P/E ratio of 9.00 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.11. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter last year, the company posted $0.58 EPS. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Research analysts forecast that VICI Properties will post 2.46 EPS for the current fiscal year.

VICI Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were given a $0.45 dividend. The ex-dividend date was Thursday, June 18th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.8%. VICI Properties’s payout ratio is 61.64%.

VICI Properties Company Profile

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.