VICI Properties (NYSE:VICI) Posts Quarterly Earnings Results, Misses Expectations By $0.41 EPS

VICI Properties (NYSE:VICI) released its quarterly earnings data on Wednesday. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by ($0.41), FiscalAI reports. VICI Properties had a return on equity of 9.66% and a net margin of 67.50%. The business had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same period in the previous year, the company earned $0.60 EPS. VICI Properties’s revenue was up 5.8% on a year-over-year basis.

VICI Properties Stock Up 2.9%

VICI stock traded up $0.68 during mid-day trading on Thursday, hitting $24.20. 1,490,109 shares of the company were exchanged, compared to its average volume of 9,543,619. The company has a market capitalization of $26.65 billion, a PE ratio of 9.38 and a beta of 0.65. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.57. VICI Properties has a twelve month low of $22.42 and a twelve month high of $30.83. The firm has a fifty day simple moving average of $24.24 and a 200 day simple moving average of $26.99.

VICI Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Thursday, September 17th were issued a dividend of $0.46 per share. The ex-dividend date of this dividend was Thursday, September 17th. This represents a $1.84 annualized dividend and a yield of 7.6%. This is an increase from VICI Properties’s previous quarterly dividend of $0.45. VICI Properties’s dividend payout ratio (DPR) is 71.32%.

VICI Properties News Roundup

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

• Positive Sentiment: VICI reported third-quarter revenue of approximately $1.07 billion, above the roughly $1.06 billion analyst estimate and up 5.8% year over year. Funds from operations (FFO) were $0.62 per share, matching the Zacks consensus and increasing from $0.60 a year earlier. VICI Properties Q3 earnings metrics
• Positive Sentiment: The company raised its 2026 adjusted funds from operations (AFFO) guidance, signaling confidence in recurring rent growth from long-term leases, contractual escalators and portfolio diversification. VICI Properties Q3 AFFO, Revenue Rise; Lifts 2026 Guidance
• Positive Sentiment: VICI authorized a $2.0 billion share-repurchase program and announced a dividend increase, potentially improving per-share growth and supporting the stock’s income-investment appeal. VICI third-quarter results and repurchase program

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Citigroup reissued a “market outperform” rating on shares of VICI Properties in a research report on Thursday. Robert W. Baird set a $32.00 target price on VICI Properties in a research note on Thursday, July 30th. Stifel Nicolaus decreased their price target on VICI Properties from $34.00 to $30.75 and set a “buy” rating for the company in a report on Thursday. Citizens Jmp lowered their price objective on shares of VICI Properties from $35.00 to $31.00 and set a “market outperform” rating for the company in a research report on Friday, October 2nd. Finally, Scotiabank dropped their price objective on shares of VICI Properties from $29.00 to $26.00 and set a “sector perform” rating on the stock in a research note on Thursday, September 24th. Eight investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $29.61.

About VICI Properties

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.