VICI Properties (NYSE:VICI) Issues Earnings Results, Misses Expectations By $0.10 EPS

VICI Properties (NYSE:VICI) posted its earnings results on Wednesday. The company reported $0.62 earnings per share for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.10), Zacks reports. VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the previous year, the firm earned $0.60 EPS. The business’s revenue was up 5.8% compared to the same quarter last year.

VICI Properties Price Performance

VICI Properties stock traded down $0.20 during trading hours on Wednesday, hitting $23.50. 9,762,706 shares of the stock were exchanged, compared to its average volume of 9,586,806. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.98 and a current ratio of 1.98. The stock has a market capitalization of $25.88 billion, a P/E ratio of 9.11 and a beta of 0.65. VICI Properties has a 12 month low of $22.42 and a 12 month high of $30.83. The business’s 50-day moving average is $24.24 and its two-hundred day moving average is $26.99.

VICI Properties Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Thursday, September 17th were given a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 7.8%. This is a boost from VICI Properties’s previous quarterly dividend of $0.45. The ex-dividend date was Thursday, September 17th. VICI Properties’s dividend payout ratio (DPR) is presently 71.32%.

More VICI Properties News

Here are the key news stories impacting VICI Properties this week:

• Positive Sentiment: Revenue increased to approximately $1.07 billion, topping the $1.06 billion analyst estimate. AFFO also rose year over year, and the company raised its 2026 guidance, supporting the outlook for continued growth from lease escalations and its diversified gaming and entertainment property portfolio. VICI Properties Q3 AFFO, Revenue Rise; Lifts 2026 Guidance
• Positive Sentiment: Third-quarter funds from operations, a key REIT performance measure, came in at $0.62 per share, up from $0.60 a year earlier and in line with the Zacks consensus estimate. VICI Properties Inc. Q3 FFO Meet Estimates
• Neutral Sentiment: Results were complicated by differing estimates: the $0.62 FFO figure matched Zacks’ consensus but fell short of a FactSet estimate of $0.72. This may contribute to near-term volatility as investors assess the company’s underlying growth against varying expectations. VICI Q3 FFO Earnings Flash
• Negative Sentiment: GAAP earnings per share were $0.31, well below the $0.72 consensus estimate, while the company’s bottom line declined year over year. Rising expenses limited the benefit of the revenue gain and likely drove the negative market reaction. VICI Properties Q3 Revenue Beats but Earnings Are in Line as Expenses Rise

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Citigroup reissued a “market outperform” rating on shares of VICI Properties in a report on Friday, October 2nd. Robert W. Baird set a $32.00 target price on VICI Properties in a research report on Thursday, July 30th. JPMorgan Chase & Co. lowered VICI Properties from an “overweight” rating to a “neutral” rating and set a $30.00 price target on the stock. in a research note on Thursday, September 24th. Raymond James Financial set a $29.00 price target on VICI Properties in a research note on Thursday, August 13th. Finally, Deutsche Bank Aktiengesellschaft set a $30.00 price target on VICI Properties in a research report on Friday, July 31st. Eight equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $29.81.

About VICI Properties

VICI Properties Inc (NYSE:VICI) is a real estate investment trust that owns and manages experiential properties, with a primary focus on gaming, hospitality and entertainment destinations. The company’s portfolio includes the real estate associated with well-known casinos, resorts, racetracks and golf facilities.

VICI generally leases its properties to gaming and entertainment operators through long-term, triple-net lease agreements. Its tenants operate the properties and are typically responsible for property-level expenses such as maintenance, insurance and taxes, while VICI focuses on owning, maintaining and expanding its real estate portfolio.

The company was established in 2017 as part of the restructuring of Caesars Entertainment Operating Company.