VICI Properties Inc. (NYSE:VICI) Short Interest Update

VICI Properties Inc. (NYSE:VICI) was the target of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 24,314,043 shares, a drop of 14.2% from the January 29th total of 28,334,760 shares. Currently, 2.3% of the shares of the stock are sold short. Based on an average daily volume of 9,955,155 shares, the days-to-cover ratio is presently 2.4 days. Based on an average daily volume of 9,955,155 shares, the days-to-cover ratio is presently 2.4 days. Currently, 2.3% of the shares of the stock are sold short.

Analyst Ratings Changes

VICI has been the subject of a number of analyst reports. Barclays cut their price objective on shares of VICI Properties from $37.00 to $33.00 and set an “overweight” rating for the company in a research report on Wednesday, December 3rd. The Goldman Sachs Group cut their price target on shares of VICI Properties from $38.00 to $34.00 and set a “buy” rating for the company in a report on Friday, November 28th. Mizuho decreased their price target on shares of VICI Properties from $35.00 to $30.00 and set an “outperform” rating on the stock in a report on Wednesday, December 17th. Cantor Fitzgerald set a $33.00 price objective on VICI Properties in a research note on Monday, January 5th. Finally, Evercore restated an “in-line” rating and issued a $32.00 target price (down from $36.00) on shares of VICI Properties in a research note on Monday, December 1st. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $33.69.

VICI Properties Price Performance

Shares of VICI Properties stock traded down $0.20 during trading on Thursday, hitting $29.69. 2,670,142 shares of the stock traded hands, compared to its average volume of 10,249,045. The stock has a market cap of $31.73 billion, a price-to-earnings ratio of 11.38, a PEG ratio of 3.46 and a beta of 0.67. The company has a quick ratio of 3.17, a current ratio of 3.17 and a debt-to-equity ratio of 0.59. VICI Properties has a 52 week low of $27.48 and a 52 week high of $34.03. The firm’s fifty day moving average is $28.79 and its 200-day moving average is $30.14.

VICI Properties (NYSE:VICI) last issued its earnings results on Wednesday, February 25th. The company reported $0.57 earnings per share (EPS) 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 10.02% and a net margin of 69.28%.The firm’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.57 EPS. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. Research analysts expect that VICI Properties will post 2.31 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. State of Wyoming bought a new stake in VICI Properties in the second quarter valued at $26,000. Parvin Asset Management LLC purchased a new position in shares of VICI Properties during the second quarter valued at about $27,000. Hantz Financial Services Inc. raised its stake in VICI Properties by 489.2% in the second quarter. Hantz Financial Services Inc. now owns 872 shares of the company’s stock worth $28,000 after buying an additional 724 shares in the last quarter. Evolution Wealth Management Inc. purchased a new stake in VICI Properties in the fourth quarter worth about $28,000. Finally, Headlands Technologies LLC bought a new stake in VICI Properties during the 2nd quarter valued at approximately $28,000. 97.71% of the stock is 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.