VICI Properties Inc. (NYSE:VICI) Given Average Recommendation of “Moderate Buy” by Brokerages

VICI Properties Inc. (NYSE:VICI) has been given an average rating of “Moderate Buy” by the fourteen brokerages that are covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12 month price target among analysts that have covered the stock in the last year is $33.6923.

A number of brokerages recently issued reports on VICI. The Goldman Sachs Group dropped their price objective on shares of VICI Properties from $38.00 to $34.00 and set a “buy” rating for the company in a report on Friday, November 28th. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research note on Monday, December 29th. Mizuho reduced their price target on shares of VICI Properties from $35.00 to $30.00 and set an “outperform” rating on the stock in a research report on Wednesday, December 17th. Wells Fargo & Company reiterated an “equal weight” rating and issued a $32.00 price objective (down from $36.00) on shares of VICI Properties in a report on Tuesday, November 18th. Finally, Evercore reiterated an “in-line” rating and issued a $32.00 price objective (down from $36.00) on shares of VICI Properties in a research report on Monday, December 1st.

Institutional Trading of VICI Properties

A number of hedge funds and other institutional investors have recently modified their holdings of the business. State of Wyoming acquired a new position in VICI Properties in the second quarter valued at about $26,000. Parvin Asset Management LLC purchased a new stake in shares of VICI Properties in the 2nd quarter valued at approximately $27,000. Hantz Financial Services Inc. lifted its holdings in shares of VICI Properties by 489.2% in the 2nd quarter. Hantz Financial Services Inc. now owns 872 shares of the company’s stock worth $28,000 after acquiring an additional 724 shares during the last quarter. Evolution Wealth Management Inc. purchased a new position in shares of VICI Properties during the 4th quarter worth approximately $28,000. Finally, Headlands Technologies LLC acquired a new stake in VICI Properties in the 2nd quarter valued at approximately $28,000. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Price Performance

VICI stock opened at $29.88 on Thursday. VICI Properties has a 1 year low of $27.48 and a 1 year high of $34.03. The firm has a market capitalization of $31.93 billion, a PE ratio of 11.45, a price-to-earnings-growth ratio of 3.46 and a beta of 0.67. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.17 and a quick ratio of 3.17. The business has a 50 day simple moving average of $28.79 and a 200-day simple moving average of $30.14.

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

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.