VICI Properties Inc. (NYSE:VICI – Get Free Report) has been assigned an average rating of “Moderate Buy” from the thirteen brokerages that are covering the firm, MarketBeat reports. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $33.3846.
Several research firms recently commented on VICI. Scotiabank lifted their price target on VICI Properties from $30.00 to $32.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 12th. Mizuho reiterated a “neutral” rating and issued a $30.00 price target on shares of VICI Properties in a research report on Wednesday, March 11th. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a research report on Friday, March 27th. Deutsche Bank Aktiengesellschaft set a $31.00 target price on VICI Properties in a research report on Monday, May 4th. Finally, Robert W. Baird dropped their target price on VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research report on Monday, March 2nd.
Get Our Latest Analysis on VICI
VICI Properties Trading Up 0.0%
VICI Properties (NYSE:VICI – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.71 by $0.11. The company had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The firm’s revenue was up 3.5% on a year-over-year basis. During the same quarter last year, the business posted $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, research analysts forecast that VICI Properties will post 2.46 EPS for the current year.
VICI Properties Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Thursday, March 19th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 6.3%. The ex-dividend date was Thursday, March 19th. VICI Properties’s payout ratio is 61.64%.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of VICI. Norges Bank purchased a new position in shares of VICI Properties during the fourth quarter valued at approximately $537,676,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of VICI Properties by 31,134.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,218,191 shares of the company’s stock valued at $287,336,000 after buying an additional 10,185,477 shares during the period. Man Group plc boosted its position in shares of VICI Properties by 100.6% during the fourth quarter. Man Group plc now owns 11,406,537 shares of the company’s stock valued at $320,752,000 after buying an additional 5,720,867 shares during the period. Voloridge Investment Management LLC boosted its position in shares of VICI Properties by 247.8% during the fourth quarter. Voloridge Investment Management LLC now owns 7,792,028 shares of the company’s stock valued at $219,112,000 after buying an additional 5,551,620 shares during the period. Finally, SG Americas Securities LLC boosted its position in shares of VICI Properties by 1,001.4% during the first quarter. SG Americas Securities LLC now owns 5,659,186 shares of the company’s stock valued at $154,609,000 after buying an additional 5,145,372 shares during the period. Hedge funds and other institutional investors own 97.71% of the company’s stock.
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.
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