VICI Properties (NYSE:VICI) Reaches New 1-Year Low – Here’s Why

VICI Properties Inc. (NYSE:VICI) shares reached a new 52-week low on Wednesday. The stock traded as low as $23.72 and last traded at $23.9780, with a volume of 716738 shares trading hands. The stock had previously closed at $23.98.

VICI Properties News Summary

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

• Positive Sentiment: JPMorgan reaffirmed its Neutral rating while maintaining a $30 price target, implying substantial potential upside from recent levels. The target suggests JPMorgan sees value in VICI’s long-term real-estate portfolio despite reducing its prior Overweight stance. JP Morgan Downgrades VICI Properties to Neutral from Overweight
• Positive Sentiment: VICI remains attractive to income-oriented investors, with its substantial dividend yield highlighted among high-yield S&P 500 investments. Its status as a casino and experiential-property landlord may support recurring rental income and dividend stability. Don’t Look Now: 4 S&P 500 Giants Pay 6% and Higher Dividends
• Neutral Sentiment: Scotiabank cut its price target to $26 from $29 but kept a Sector Perform rating. The revised target still indicates moderate upside, but the reduction reflects more cautious expectations. Scotiabank Adjusts VICI Properties Price Target
• Negative Sentiment: VICI’s latest quarterly EPS of $0.62 missed the $0.71 consensus estimate, despite revenue of $1.06 billion exceeding expectations and increasing 5.7% year over year. The earnings miss and reduced analyst confidence have contributed to selling pressure.
• Negative Sentiment: The shares have underperformed the broader market and recently reached a 52-week low, signaling weak momentum. VICI is trading well below its 50-day and 200-day moving averages, reinforcing the bearish technical backdrop. VICI Properties stock hits 52-week low

Analysts Set New Price Targets

Several equities analysts recently commented on VICI shares. Barclays cut their target price on shares of VICI Properties from $34.00 to $31.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. Weiss Ratings lowered shares of VICI Properties from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, September 9th. JPMorgan Chase & Co. downgraded shares of VICI Properties from an “overweight” rating to a “neutral” rating and set a $30.00 price objective on the stock. in a report on Thursday. Robert W. Baird set a $32.00 price objective on shares of VICI Properties in a research report on Thursday, July 30th. Finally, Wells Fargo & Company cut their price target on shares of VICI Properties from $27.00 to $26.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 1st. Five research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, VICI Properties has a consensus rating of “Hold” and an average price target of $29.93.

VICI Properties Price Performance

The stock’s 50-day moving average price is $25.80 and its 200-day moving average price is $27.08. The company has a market capitalization of $25.61 billion, a price-to-earnings ratio of 9.01 and a beta of 0.65. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.57.

VICI Properties (NYSE:VICI) last released its earnings results on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.09). The firm had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.04 billion. VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. The firm’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period last year, the business posted $0.60 earnings per share. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. Equities research analysts anticipate that VICI Properties Inc. will post 2.47 earnings per share for the current year.

VICI Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 17th will be paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 7.9%. This is a boost from VICI Properties’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Thursday, September 17th. VICI Properties’s payout ratio is presently 71.32%.

Institutional Trading of VICI Properties

A number of hedge funds have recently modified their holdings of the company. Bayban acquired a new position in shares of VICI Properties in the 4th quarter valued at $25,000. Dynamic Wealth Strategies LLC acquired a new stake in VICI Properties during the 1st quarter worth $25,000. Evolution Wealth Management Inc. acquired a new stake in VICI Properties during the 4th quarter worth $28,000. Reflection Asset Management bought a new position in VICI Properties during the fourth quarter worth about $29,000. Finally, Sarver Vrooman Wealth Advisors bought a new position in VICI Properties during the fourth quarter worth about $33,000. 97.71% of the stock is currently owned by institutional investors and hedge funds.

VICI Properties Company Profile

VICI Properties, Inc (NYSE: VICI) is a real estate investment trust focused on experiential properties, particularly gaming, hospitality and entertainment destinations. The company owns the real estate associated with properties such as casinos, resorts and golf facilities, while operating partners manage the day-to-day businesses.

VICI’s portfolio includes prominent gaming and resort assets in Las Vegas and regional markets throughout the United States, as well as properties in Canada.