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

VICI Properties Inc. (NYSE:VICI) has received an average recommendation of “Moderate Buy” from the fourteen brokerages that are covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $33.6923.

VICI has been the subject of a number of research reports. Robert W. Baird decreased their price target on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research report on Monday, March 2nd. Barclays reduced their price objective on VICI Properties from $37.00 to $33.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 3rd. Scotiabank downgraded VICI Properties from a “sector outperform” rating to a “sector perform” rating and decreased their target price for the stock from $36.00 to $30.00 in a research report on Friday, January 30th. Mizuho reiterated a “neutral” rating and issued a $30.00 target price on shares of VICI Properties in a research note on Wednesday, March 11th. Finally, Cantor Fitzgerald set a $33.00 target price on VICI Properties in a report on Monday, January 5th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Bayban purchased a new stake in VICI Properties during the 4th quarter worth $25,000. State of Wyoming purchased a new position in VICI Properties in the 2nd quarter valued at about $26,000. Parvin Asset Management LLC purchased a new position in VICI Properties in the 2nd quarter valued at about $27,000. Evolution Wealth Management Inc. acquired a new stake in shares of VICI Properties during the fourth quarter valued at about $28,000. Finally, Headlands Technologies LLC acquired a new stake in shares of VICI Properties during the second quarter valued at about $28,000. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

VICI Properties Trading Down 0.1%

NYSE VICI opened at $26.60 on Monday. The firm has a market capitalization of $28.43 billion, a price-to-earnings ratio of 10.19, a PEG ratio of 3.05 and a beta of 0.67. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.17 and a current ratio of 3.17. VICI Properties has a one year low of $26.55 and a one year high of $34.01. The company’s 50 day moving average price is $28.82 and its 200 day moving average price is $29.50.

VICI Properties (NYSE:VICI) last released its quarterly earnings data 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 return on equity of 10.02% and a net margin of 69.28%.The business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same period in the previous year, the company earned $0.57 EPS. VICI Properties’s revenue was up 3.8% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. On average, sell-side analysts predict that VICI Properties will post 2.31 EPS for the current year.

VICI Properties Dividend Announcement

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

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.