VICI Properties Inc. (NYSE:VICI) Receives Average Recommendation of “Moderate Buy” from Analysts

VICI Properties Inc. (NYSE:VICI) has received a consensus recommendation of “Moderate Buy” from the fourteen analysts that are currently covering the firm, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $32.5714.

A number of research firms have commented on VICI. Royal Bank Of Canada started coverage on shares of VICI Properties in a research report on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 target price for the company. Barclays increased their price target on VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Morgan Stanley dropped their price target on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a report on Wednesday, June 24th. Finally, Scotiabank reduced their price objective on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a research report on Thursday, June 18th.

VICI Properties Stock Performance

Shares of VICI stock opened at $25.98 on Wednesday. The company has a 50 day moving average price of $27.66 and a 200-day moving average price of $28.20. VICI Properties has a 52 week low of $25.82 and a 52 week high of $34.01. The firm has a market capitalization of $27.77 billion, a PE ratio of 8.90 and a beta of 0.65. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59.

VICI Properties (NYSE:VICI) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.11. The firm had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.01 billion. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The firm’s quarterly revenue was up 3.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, equities research analysts expect that VICI Properties will post 2.46 earnings per share for the current year.

VICI Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 18th were issued a $0.45 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.9%. VICI Properties’s dividend payout ratio (DPR) is presently 61.64%.

Hedge Funds Weigh In On VICI Properties

Institutional investors and hedge funds have recently bought and sold shares of the stock. Tema ETFs LLC lifted its position in shares of VICI Properties by 36.8% during the 2nd quarter. Tema ETFs LLC now owns 20,674 shares of the company’s stock valued at $549,000 after buying an additional 5,564 shares in the last quarter. Handelsbanken Fonder AB raised its stake in VICI Properties by 13.3% during the 2nd quarter. Handelsbanken Fonder AB now owns 801,215 shares of the company’s stock valued at $21,272,000 after purchasing an additional 93,831 shares during the period. Gradient Investments LLC purchased a new position in shares of VICI Properties in the second quarter worth $341,000. Chesley Taft & Associates LLC lifted its stake in VICI Properties by 10.9% in the 2nd quarter. Chesley Taft & Associates LLC now owns 9,735 shares of the company’s stock worth $258,000 after purchasing an additional 958 shares in the last quarter. Finally, Teamwork Financial Advisors LLC lifted its position in shares of VICI Properties by 8.0% in the second quarter. Teamwork Financial Advisors LLC now owns 26,765 shares of the company’s stock worth $711,000 after buying an additional 1,988 shares in the last quarter. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

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.