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

Shares of VICI Properties Inc. (NYSE:VICI) have been assigned a consensus rating of “Moderate Buy” from the thirteen analysts that are presently covering the firm, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $32.6923.

A number of equities analysts have recently weighed in on VICI shares. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research report on Wednesday, June 24th. Barclays increased their target price on VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Royal Bank Of Canada started coverage on VICI Properties in a report on Thursday, June 25th. They set a “sector perform” rating and a $29.00 target price for the company. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on shares of VICI Properties in a report on Monday, May 4th. Finally, Mizuho restated a “neutral” rating and set a $30.00 target price on shares of VICI Properties in a report on Wednesday, March 11th.

Hedge Funds Weigh In On VICI Properties

Hedge funds have recently modified their holdings of the stock. State of Wyoming acquired a new stake in shares of VICI Properties in the second quarter valued at about $26,000. Headlands Technologies LLC bought a new stake in VICI Properties during the second quarter worth about $28,000. Bayban acquired a new position in VICI Properties during the fourth quarter valued at approximately $25,000. Dynamic Wealth Strategies LLC bought a new position in VICI Properties in the first quarter valued at approximately $25,000. Finally, BOKF NA acquired a new position in shares of VICI Properties during the 3rd quarter worth approximately $30,000. Institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Performance

Shares of NYSE:VICI opened at $26.78 on Wednesday. The firm’s 50 day simple moving average is $27.81 and its 200 day simple moving average is $28.23. VICI Properties has a fifty-two week low of $26.08 and a fifty-two week high of $34.01. The company has a market capitalization of $28.63 billion, a price-to-earnings ratio of 9.17 and a beta of 0.65. 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 (NYSE:VICI) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.71 by $0.11. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The firm had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter in the previous year, the company earned $0.58 earnings per share. The business’s revenue for the quarter was up 3.5% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, sell-side analysts forecast that VICI Properties will post 2.46 earnings per share for the current year.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.80 annualized dividend and a yield of 6.7%. VICI Properties’s payout ratio is 61.64%.

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.