VICI Properties Inc. $VICI Stock: Park Avenue Securities LLC Increases Stake

Park Avenue Securities LLC boosted its position in shares of VICI Properties Inc. (NYSE:VICI) by 59.2% in the third quarter, Holdings Channel reports. The fund owned 98,868 shares of the company’s stock after acquiring an additional 36,774 shares during the period. Park Avenue Securities LLC’s holdings in VICI Properties were worth $2,271,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Flagship Harbor Advisors LLC acquired a new position in shares of VICI Properties during the 3rd quarter worth about $345,000. Leo Wealth LLC bought a new stake in VICI Properties during the 3rd quarter valued at approximately $944,000. Apollon Wealth Management LLC boosted its stake in VICI Properties by 11.4% during the 3rd quarter. Apollon Wealth Management LLC now owns 13,139 shares of the company’s stock valued at $302,000 after purchasing an additional 1,349 shares during the period. Signaturefd LLC boosted its stake in VICI Properties by 114.5% during the 3rd quarter. Signaturefd LLC now owns 49,192 shares of the company’s stock valued at $1,130,000 after purchasing an additional 26,263 shares during the period. Finally, BG Investment Services LLC acquired a new stake in VICI Properties in the 3rd quarter valued at approximately $500,000. 97.71% of the stock is currently owned by institutional investors.

VICI Properties News Roundup

Here are the key news stories impacting VICI Properties this week:

• Positive Sentiment: VICI authorized a $2 billion share buyback, equivalent to roughly 7.7% of its shares, which could support per-share growth and signal that management views the stock as undervalued. VICI Q3 Earnings Call Highlights: Buybacks and Caesars Lease Risks
• Positive Sentiment: Management raised fiscal 2026 guidance to $2.470-$2.480 in EPS, broadly matching the $2.470 consensus estimate. Adjusted funds from operations (AFFO) per share increased 4.3%, while third-quarter AFFO of $0.62 per share was reported as in line with estimates. VICI Properties Q3 FFO Meet Estimates, Revenues Beat on Lease Growth
• Positive Sentiment: Third-quarter revenue rose 5.8% year over year to approximately $1.07 billion, exceeding consensus expectations on continued lease growth. The shares also recently moved above their 50-day moving average, a potentially favorable short-term technical signal. VICI Recently Broke Out Above the 50-Day Moving Average
• Neutral Sentiment: The headline earnings picture was mixed: reported EPS of $0.31 declined from $0.60 a year earlier and missed the $0.72 consensus, while the more relevant REIT operating metric, AFFO, held up better. Higher expenses contributed to the discrepancy.
• Negative Sentiment: VICI recorded a roughly $458 million increase in its credit-loss allowance, much of it related to Caesars Entertainment. Investors remain concerned about Caesars’ refinancing needs, lease obligations and credit quality, creating uncertainty around VICI’s largest tenant exposure. Vici Properties Q3 Earnings Hampered by Market Headwinds, Caesars Lease Unknowns

VICI Properties Stock Down 0.2%

NYSE VICI opened at $24.48 on Friday. VICI Properties Inc. has a twelve month low of $22.42 and a twelve month high of $30.83. The stock has a market cap of $26.95 billion, a PE ratio of 11.23 and a beta of 0.65. The firm has a 50-day simple moving average of $24.16 and a 200 day simple moving average of $26.96. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.98 and a current ratio of 2.35.

VICI Properties (NYSE:VICI) last issued its quarterly earnings results on Wednesday, October 28th. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by ($0.41). The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.06 billion. VICI Properties had a net margin of 56.46% and a return on equity of 8.10%. The company’s revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.60 earnings per share. On average, research analysts forecast that VICI Properties Inc. will post 2.47 EPS for the current year.

VICI Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Thursday, September 17th were issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 7.5%. The ex-dividend date of this dividend was Thursday, September 17th. This is a boost from VICI Properties’s previous quarterly dividend of $0.45. VICI Properties’s payout ratio is 84.40%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on VICI. Robert W. Baird set a $32.00 price target on VICI Properties in a research report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft set a $30.00 price target on VICI Properties in a report on Friday, July 31st. Weiss Ratings cut VICI Properties from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, September 9th. Mizuho reduced their price objective on VICI Properties from $30.00 to $27.00 and set a “neutral” rating for the company in a research report on Wednesday, September 2nd. Finally, Stifel Nicolaus lowered their price objective on shares of VICI Properties from $34.00 to $30.75 and set a “buy” rating on the stock in a research note on Thursday. Eight analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $29.61.

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.