VICI Properties (NYSE:VICI) Announces Earnings Results, Beats Expectations By $0.11 EPS

VICI Properties (NYSE:VICI) posted its earnings results on Wednesday. The company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.11, FiscalAI reports. VICI Properties had a return on equity of 11.12% and a net margin of 76.83%.The business had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same period in the prior year, the business earned $0.58 EPS. VICI Properties’s revenue for the quarter was up 3.5% compared to the same quarter last year. VICI Properties updated its FY 2026 guidance to 2.440-2.470 EPS.

VICI Properties Stock Down 3.1%

VICI traded down $0.89 during trading hours on Friday, hitting $28.31. 4,168,887 shares of the company’s stock were exchanged, compared to its average volume of 9,461,166. VICI Properties has a 1-year low of $26.55 and a 1-year high of $34.01. The stock’s 50-day moving average is $28.52 and its two-hundred day moving average is $28.86. The stock has a market cap of $30.26 billion, a price-to-earnings ratio of 9.72, a PEG ratio of 3.28 and a beta of 0.70. The company has a quick ratio of 3.17, a current ratio of 3.17 and a debt-to-equity ratio of 0.59.

VICI Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Investors of record on Thursday, March 19th were issued a dividend of $0.45 per share. The ex-dividend date was Thursday, March 19th. This represents a $1.80 annualized dividend and a yield of 6.4%. VICI Properties’s dividend payout ratio is presently 68.97%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Cantor Fitzgerald set a $33.00 price objective on shares of VICI Properties in a report on Monday, January 5th. Robert W. Baird dropped their price objective on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Barclays raised their price objective on shares of VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Mizuho restated a “neutral” rating and set a $30.00 price objective on shares of VICI Properties in a report on Wednesday, March 11th. Finally, Scotiabank lowered shares of VICI Properties from a “sector outperform” rating to a “sector perform” rating and dropped their price objective for the stock from $36.00 to $30.00 in a report on Friday, January 30th. Seven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $33.42.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. State of Wyoming acquired a new position in VICI Properties during the second quarter worth $26,000. Headlands Technologies LLC acquired a new position in VICI Properties during the second quarter worth $28,000. BOKF NA acquired a new position in VICI Properties during the third quarter worth $30,000. Zions Bancorporation National Association UT boosted its holdings in VICI Properties by 115.3% during the fourth quarter. Zions Bancorporation National Association UT now owns 1,197 shares of the company’s stock worth $34,000 after purchasing an additional 641 shares during the last quarter. Finally, DV Equities LLC acquired a new stake in VICI Properties in the fourth quarter valued at $42,000. Institutional investors and hedge funds own 97.71% of the company’s stock.

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.