VICI Properties Inc. (NYSE:VICI) Receives Consensus Rating of “Hold” from Brokerages

Shares of VICI Properties Inc. (NYSE:VICI) have been assigned a consensus rating of “Hold” from the thirteen ratings firms that are covering the company, MarketBeat.com reports. Seven analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $31.2857.

A number of equities research analysts have recently issued reports on the stock. Cantor Fitzgerald cut their price objective on shares of VICI Properties from $34.00 to $32.00 and set an “overweight” rating for the company in a research report on Monday, August 10th. Robert W. Baird set a $32.00 target price on VICI Properties in a report on Thursday, July 30th. Scotiabank decreased their target price on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a report on Thursday, June 18th. Royal Bank Of Canada initiated coverage on VICI Properties in a research report on Thursday, June 25th. They set a “sector perform” rating and a $29.00 target price on the stock. Finally, Raymond James Financial set a $29.00 price target on VICI Properties in a report on Thursday, August 13th.

VICI Properties Stock Performance

VICI opened at $25.69 on Thursday. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.57. The company has a market cap of $28.29 billion, a price-to-earnings ratio of 9.96 and a beta of 0.65. The company’s 50 day moving average is $26.48 and its 200 day moving average is $27.73. VICI Properties has a 12-month low of $25.61 and a 12-month high of $33.92.

VICI Properties (NYSE:VICI) last announced its earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.09). VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter last year, the firm posted $0.60 earnings per share. The business’s quarterly revenue was up 5.7% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. On average, equities research analysts predict that VICI Properties will post 2.46 EPS for the current year.

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date of this dividend was Thursday, June 18th. VICI Properties’s payout ratio is presently 69.77%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Bayban bought a new stake in VICI Properties during the 4th quarter worth approximately $25,000. Dynamic Wealth Strategies LLC bought a new position in shares of VICI Properties in the first quarter worth approximately $25,000. State of Wyoming bought a new position in shares of VICI Properties in the second quarter worth approximately $26,000. Evolution Wealth Management Inc. purchased a new stake in shares of VICI Properties in the fourth quarter worth $28,000. Finally, Headlands Technologies LLC purchased a new stake in shares of VICI Properties in the second quarter worth $28,000. 97.71% of the stock is currently owned by institutional investors.

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.