VICI Properties Inc. (VICI) – What Are Researchers Thinking About This Stock?

Shares of VICI Properties Inc. (NYSE:VICI) have been assigned a consensus rating of “Moderate Buy” from the sixteen analysts that are currently covering the company, MarketBeat.com reports. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $29.81.

A number of research firms have recently issued reports on VICI. Deutsche Bank Aktiengesellschaft set a $30.00 price target on shares of VICI Properties in a research note on Friday, July 31st. Cantor Fitzgerald decreased their price objective on shares of VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. Royal Bank Of Canada started coverage on shares of VICI Properties in a research report on Thursday, June 25th. They set a “sector perform” rating and a $29.00 price objective for the company. Weiss Ratings downgraded shares of VICI Properties from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, September 9th. Finally, Robert W. Baird set a $32.00 target price on VICI Properties in a research report on Thursday, July 30th.

VICI Properties Stock Up 3.8%

Shares of NYSE:VICI opened at $24.03 on Friday. The company has a market capitalization of $26.46 billion, a price-to-earnings ratio of 9.31 and a beta of 0.65. VICI Properties has a 12-month low of $22.42 and a 12-month high of $31.69. The business has a 50-day moving average price of $24.41 and a 200 day moving average price of $26.41. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.57.

VICI Properties (NYSE:VICI) last posted its earnings results on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.09). The company had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.04 billion. VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.60 EPS. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. Sell-side analysts expect that VICI Properties will post 2.47 EPS for the current year.

VICI Properties Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Thursday, September 17th were given a dividend of $0.46 per share. This is an increase from VICI Properties’s previous quarterly dividend of $0.45. This represents a $1.84 annualized dividend and a dividend yield of 7.7%. The ex-dividend date was Thursday, September 17th. VICI Properties’s dividend payout ratio (DPR) is 71.32%.

Institutional Investors Weigh In On VICI Properties

A number of institutional investors have recently modified their holdings of VICI. BlackRock Inc. acquired a new position in VICI Properties during the 2nd quarter worth about $3,433,817,000. Bank of America Corp DE purchased a new position in VICI Properties during the 2nd quarter valued at about $778,709,000. Legal & General Group Plc purchased a new position in VICI Properties during the 2nd quarter valued at about $366,514,000. Man Group plc purchased a new position in VICI Properties during the 2nd quarter valued at about $318,249,000. Finally, Hsbc Holdings PLC purchased a new position in VICI Properties during the 2nd quarter valued at about $281,629,000. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Company Profile

VICI Properties Inc (NYSE:VICI) is a real estate investment trust that owns and manages experiential properties, with a primary focus on gaming, hospitality and entertainment destinations. The company’s portfolio includes the real estate associated with well-known casinos, resorts, racetracks and golf facilities.

VICI generally leases its properties to gaming and entertainment operators through long-term, triple-net lease agreements. Its tenants operate the properties and are typically responsible for property-level expenses such as maintenance, insurance and taxes, while VICI focuses on owning, maintaining and expanding its real estate portfolio.

The company was established in 2017 as part of the restructuring of Caesars Entertainment Operating Company.