VICI Properties Inc. (NYSE:VICI) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of VICI Properties Inc. (NYSE:VICI) have received a consensus recommendation of “Moderate Buy” from the thirteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $33.3846.

A number of research analysts have issued reports on VICI shares. Scotiabank boosted 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 reissued a “neutral” rating and issued a $30.00 price objective on shares of VICI Properties in a research note on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a research note on Monday, May 4th. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research note on Friday, March 27th. Finally, Robert W. Baird dropped their price objective on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research note on Monday, March 2nd.

VICI Properties Price Performance

Shares of VICI opened at $28.50 on Friday. The company has a market cap of $30.46 billion, a P/E ratio of 9.76 and a beta of 0.65. The stock has a fifty day moving average price of $28.26 and a 200 day moving average price of $28.41. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.62 and a quick ratio of 3.62. VICI Properties has a 12 month low of $26.55 and a 12 month high of $34.01.

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

VICI Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 18th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Thursday, June 18th. VICI Properties’s payout ratio is presently 61.64%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. State of Wyoming bought a new stake in shares of VICI Properties during the 2nd quarter worth about $26,000. Headlands Technologies LLC bought a new stake in shares of VICI Properties during the 2nd quarter worth about $28,000. Bayban bought a new stake in shares of VICI Properties during the 4th quarter worth about $25,000. Dynamic Wealth Strategies LLC bought a new stake in shares of VICI Properties during the 1st quarter worth about $25,000. Finally, BOKF NA bought a new stake in shares of VICI Properties during the 3rd quarter worth about $30,000. Hedge funds and other institutional investors own 97.71% of the company’s stock.

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.