VICI Properties Inc. (NYSE:VICI) Receives $36.92 Average PT from Analysts

Shares of VICI Properties Inc. (NYSE:VICI – Get Rating) have received an average rating of “Moderate Buy” from the thirteen ratings firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $36.92.

Several brokerages have recently weighed in on VICI. Wolfe Research reduced their price target on VICI Properties from $46.00 to $37.00 and set an “outperform” rating on the stock in a report on Wednesday, March 22nd. LADENBURG THALM/SH SH increased their price target on VICI Properties from $34.50 to $37.00 in a report on Monday, May 1st. Mizuho started coverage on VICI Properties in a report on Wednesday, April 5th. They issued a “buy” rating and a $35.00 price target on the stock. JMP Securities restated a “market outperform” rating and set a $38.00 price objective on shares of VICI Properties in a report on Tuesday, March 21st. Finally, Raymond James raised their price objective on VICI Properties from $36.00 to $37.00 and gave the stock an “outperform” rating in a report on Thursday, April 6th.

VICI Properties Trading Up 1.3 %

Shares of NYSE VICI opened at $31.50 on Monday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.81 and a current ratio of 1.81. The business’s 50 day moving average price is $32.28 and its 200-day moving average price is $32.91. VICI Properties has a fifty-two week low of $27.75 and a fifty-two week high of $35.69. The company has a market cap of $31.63 billion, a price-to-earnings ratio of 22.03, a PEG ratio of 2.31 and a beta of 0.94.

VICI Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 6th. Shareholders of record on Thursday, March 23rd were given a dividend of $0.39 per share. The ex-dividend date was Wednesday, March 22nd. This represents a $1.56 annualized dividend and a yield of 4.95%. VICI Properties’s dividend payout ratio (DPR) is presently 109.09%.

Institutional Trading of VICI Properties

A number of institutional investors have recently made changes to their positions in the business. B. Riley Wealth Advisors Inc. boosted its position in shares of VICI Properties by 4.5% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 12,267 shares of the company’s stock worth $404,000 after purchasing an additional 526 shares in the last quarter. Advisory Services Network LLC raised its stake in VICI Properties by 15.2% in the 1st quarter. Advisory Services Network LLC now owns 13,336 shares of the company’s stock worth $435,000 after acquiring an additional 1,755 shares during the last quarter. Rockefeller Capital Management L.P. raised its stake in VICI Properties by 5.2% in the 1st quarter. Rockefeller Capital Management L.P. now owns 274,000 shares of the company’s stock worth $8,937,000 after acquiring an additional 13,551 shares during the last quarter. Chevy Chase Trust Holdings LLC raised its stake in VICI Properties by 5.2% in the 1st quarter. Chevy Chase Trust Holdings LLC now owns 583,266 shares of the company’s stock worth $19,026,000 after acquiring an additional 28,632 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its stake in VICI Properties by 123.8% in the 1st quarter. Mercer Global Advisors Inc. ADV now owns 32,472 shares of the company’s stock worth $1,059,000 after acquiring an additional 17,964 shares during the last quarter.

About VICI Properties

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VICI Properties, Inc is a real estate investment trust, which owns, acquires and develops gaming, hospitality and entertainment properties. It operates through the following segments: Real Property Business and Golf Course Business. The Real Property Business segment consists of leased real property.