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

VICI Properties Inc. (NYSE:VICI) has been assigned a consensus recommendation of “Moderate Buy” from the fourteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $33.6923.

Several analysts have commented on VICI shares. Scotiabank downgraded VICI Properties from a “sector outperform” rating to a “sector perform” rating and cut their target price for the company from $36.00 to $30.00 in a research note on Friday, January 30th. Mizuho restated a “neutral” rating and issued a $30.00 price target on shares of VICI Properties in a research note on Wednesday, March 11th. Robert W. Baird lowered their price target on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Finally, Cantor Fitzgerald set a $33.00 target price on VICI Properties in a research report on Monday, January 5th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in VICI Properties by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 158,457,308 shares of the company’s stock valued at $4,455,820,000 after acquiring an additional 1,705,855 shares during the period. State Street Corp grew its position in shares of VICI Properties by 1.7% during the fourth quarter. State Street Corp now owns 63,619,919 shares of the company’s stock worth $1,817,165,000 after purchasing an additional 1,080,992 shares in the last quarter. Geode Capital Management LLC grew its position in shares of VICI Properties by 2.9% during the fourth quarter. Geode Capital Management LLC now owns 36,209,246 shares of the company’s stock worth $1,030,716,000 after purchasing an additional 1,037,345 shares in the last quarter. Allianz Asset Management GmbH raised its stake in VICI Properties by 8.2% during the 4th quarter. Allianz Asset Management GmbH now owns 30,292,364 shares of the company’s stock valued at $851,821,000 after purchasing an additional 2,305,719 shares during the period. Finally, Bank of America Corp DE raised its stake in VICI Properties by 17.9% during the 3rd quarter. Bank of America Corp DE now owns 26,160,282 shares of the company’s stock valued at $853,087,000 after purchasing an additional 3,968,349 shares during the period. Institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Up 0.0%

Shares of VICI Properties stock opened at $27.67 on Monday. The company has a 50-day simple moving average of $28.71 and a two-hundred day simple moving average of $29.35. The stock has a market capitalization of $29.57 billion, a PE ratio of 10.60, a price-to-earnings-growth ratio of 3.17 and a beta of 0.70. VICI Properties has a 52-week low of $26.55 and a 52-week high of $34.01. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.17 and a current ratio of 3.17.

VICI Properties (NYSE:VICI) last posted its quarterly earnings results on Wednesday, February 25th. The company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.03). VICI Properties had a net margin of 69.28% and a return on equity of 10.02%. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter in the previous year, the company earned $0.57 EPS. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. On average, analysts anticipate that VICI Properties will post 2.31 EPS for the current fiscal year.

VICI Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, March 19th will be paid a $0.45 dividend. The ex-dividend date is Thursday, March 19th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.5%. VICI Properties’s payout ratio is currently 68.97%.

About VICI Properties

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.