VICI Properties (NYSE:VICI) Releases FY 2026 Earnings Guidance

VICI Properties (NYSE:VICI) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 2.420-2.450 for the period, compared to the consensus estimate of 2.660. The company issued revenue guidance of -.

VICI Properties Trading Down 1.3%

VICI stock traded down $0.40 during mid-day trading on Thursday, reaching $29.84. 12,106,529 shares of the stock traded hands, compared to its average volume of 10,278,698. VICI Properties has a 52-week low of $27.48 and a 52-week high of $34.03. The stock’s fifty day moving average is $28.57 and its 200-day moving average is $30.23. The company has a market cap of $31.89 billion, a P/E ratio of 11.38, a P/E/G ratio of 3.01 and a beta of 0.70. The company has a current ratio of 3.60, a quick ratio of 3.60 and a debt-to-equity ratio of 0.60.

VICI Properties (NYSE:VICI) last released its earnings results on Wednesday, February 25th. The company reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.03). The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $1.01 billion. VICI Properties had a return on equity of 10.17% and a net margin of 70.18%.The business’s revenue was up 3.8% on a year-over-year basis. During the same period last year, the business earned $0.57 earnings per share. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. As a group, sell-side analysts expect that VICI Properties will post 2.31 earnings per share for the current year.

VICI Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Wednesday, December 17th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend was Wednesday, December 17th. VICI Properties’s dividend payout ratio (DPR) is 68.70%.

Analyst Ratings Changes

Several research firms recently weighed in on VICI. Stifel Nicolaus dropped their price target on VICI Properties from $35.00 to $34.00 and set a “buy” rating on the stock in a research report on Friday, October 31st. Barclays dropped their target price on VICI Properties from $37.00 to $33.00 and set an “overweight” rating on the stock in a report on Wednesday, December 3rd. Mizuho reduced their price target on shares of VICI Properties from $35.00 to $30.00 and set an “outperform” rating for the company in a research report on Wednesday, December 17th. Scotiabank cut VICI Properties from a “sector outperform” rating to a “sector perform” rating and reduced their price objective for the company from $36.00 to $30.00 in a research report on Friday, January 30th. Finally, The Goldman Sachs Group lowered their target price on VICI Properties from $38.00 to $34.00 and set a “buy” rating on the stock in a research note on Friday, November 28th. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $33.85.

Trending Headlines about VICI Properties

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

• Positive Sentiment: Q4 FFO/AFFO broadly met Street estimates and AFFO/FFO improved year‑over‑year, which supports the company’s recurring cash‑flow story. Article Title
• Positive Sentiment: Short interest fell ~14% in February, lowering the percent of float sold short and reducing potential short‑squeeze volatility. (Short‑interest ratio ~2.4 days). Article Title
• Neutral Sentiment: Top‑line was essentially flat to slightly below estimates (revenue ~ $1.01B; ~+3.8% y/y) — not a collapse but some revenue components underperformed. Article Title
• Neutral Sentiment: Unusually large options volume was observed around the print, signaling elevated trading interest but not a directional signal by itself. Article Title
• Negative Sentiment: Reported EPS missed some estimates (quarterly EPS ~ $0.57 vs. consensus ~$0.60) and some outlets flagged a $0.13 EPS miss; revenue slightly short vs. expectations — reasons cited include declines in other income and golf revenues. Article Title
• Negative Sentiment: Management set FY‑2026 EPS guidance of $2.420–2.450, below the Street consensus (~$2.66), creating downside to valuation and dividend coverage expectations. Article Title
• Negative Sentiment: Analysts and coverage previews flagged tenant concentration risk as an ongoing investor concern that could weigh on multiple quarters of performance. Article Title

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of VICI. Wasatch Advisors LP lifted its position in shares of VICI Properties by 0.4% in the 3rd quarter. Wasatch Advisors LP now owns 135,354 shares of the company’s stock worth $4,414,000 after acquiring an additional 484 shares during the period. WealthCollab LLC raised its stake in shares of VICI Properties by 37.4% in the 2nd quarter. WealthCollab LLC now owns 1,788 shares of the company’s stock valued at $58,000 after buying an additional 487 shares in the last quarter. Seven Mile Advisory increased its stake in VICI Properties by 5.1% in the third quarter. Seven Mile Advisory now owns 10,281 shares of the company’s stock valued at $335,000 after acquiring an additional 495 shares during the period. Towarzystwo Funduszy Inwestycyjnych PZU SA raised its position in VICI Properties by 13.0% in the third quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 5,050 shares of the company’s stock worth $165,000 after purchasing an additional 580 shares in the last quarter. Finally, Laird Norton Wetherby Wealth Management LLC lifted its stake in VICI Properties by 7.4% during the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 8,793 shares of the company’s stock worth $287,000 after purchasing an additional 606 shares during the period. Institutional investors 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.