VICI Properties (NYSE:VICI) Sets New 12-Month Low – What’s Next?

Shares of VICI Properties Inc. (NYSE:VICI) reached a new 52-week low on Friday . The company traded as low as $26.60 and last traded at $26.5550, with a volume of 4594162 shares traded. The stock had previously closed at $27.16.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Mizuho reissued a “neutral” rating and set a $30.00 target price on shares of VICI Properties in a research note on Wednesday, March 11th. Scotiabank downgraded shares of VICI Properties from a “sector outperform” rating to a “sector perform” rating and reduced their price target for the stock from $36.00 to $30.00 in a research note on Friday, January 30th. Evercore reiterated an “in-line” rating and set a $32.00 price objective (down from $36.00) on shares of VICI Properties in a report on Monday, December 1st. Barclays lowered their price objective on shares of VICI Properties from $37.00 to $33.00 and set an “overweight” rating for the company in a research report on Wednesday, December 3rd. Finally, Cantor Fitzgerald set a $33.00 target price on shares of VICI Properties in a research note on Monday, January 5th. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, VICI Properties has an average rating of “Moderate Buy” and a consensus price target of $33.69.

VICI Properties Stock Down 2.1%

The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.17 and a current ratio of 3.17. The company has a fifty day simple moving average of $28.82 and a two-hundred day simple moving average of $29.52. The firm has a market capitalization of $28.43 billion, a PE ratio of 10.19, a PEG ratio of 3.05 and a beta of 0.67.

VICI Properties (NYSE:VICI) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.03). The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1.01 billion. VICI Properties had a net margin of 69.28% and a return on equity of 10.02%. The business’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.57 EPS. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. Analysts forecast that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Thursday, March 19th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $1.80 dividend on an annualized basis and a yield of 6.8%. VICI Properties’s dividend payout ratio (DPR) is 68.97%.

Institutional Investors Weigh In On VICI Properties

Hedge funds have recently modified their holdings of the business. Bayban bought a new position in VICI Properties in the fourth quarter worth approximately $25,000. State of Wyoming purchased a new stake in VICI Properties during the second quarter worth $26,000. Parvin Asset Management LLC bought a new stake in VICI Properties during the 2nd quarter valued at $27,000. Evolution Wealth Management Inc. purchased a new position in shares of VICI Properties in the 4th quarter valued at $28,000. Finally, Headlands Technologies LLC purchased a new position in shares of VICI Properties in the 2nd quarter valued at $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.