VICI Properties (NYSE:VICI) Releases Quarterly Earnings Results, Misses Estimates By $0.23 EPS

VICI Properties (NYSE:VICI) released its quarterly earnings results on Wednesday. The company reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.23), FiscalAI reports. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.04 billion. VICI Properties updated its FY 2026 guidance to 2.450-2.470 EPS.

VICI Properties Stock Up 0.1%

NYSE VICI traded up $0.03 during trading on Wednesday, hitting $27.13. The stock had a trading volume of 8,447,862 shares, compared to its average volume of 9,354,634. VICI Properties has a 12 month low of $25.82 and a 12 month high of $34.01. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62. The company’s 50-day moving average price is $27.21 and its two-hundred day moving average price is $28.08. The company has a market capitalization of $29.00 billion, a PE ratio of 9.29 and a beta of 0.65.

VICI Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date was Thursday, June 18th. VICI Properties’s payout ratio is 61.64%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in VICI. State of Wyoming bought a new position in VICI Properties in the second quarter valued at approximately $26,000. Headlands Technologies LLC acquired a new position in shares of VICI Properties in the second quarter valued at approximately $28,000. BOKF NA acquired a new position in VICI Properties in the 3rd quarter valued at $30,000. Zions Bancorporation National Association UT increased its position in VICI Properties by 115.3% during the fourth quarter. Zions Bancorporation National Association UT now owns 1,197 shares of the company’s stock worth $34,000 after acquiring an additional 641 shares during the period. Finally, Wiser Advisor Group LLC acquired a new stake in shares of VICI Properties in the third quarter valued at approximately $47,000. Institutional investors own 97.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Barclays cut their price target on VICI Properties from $34.00 to $31.00 and set an “overweight” rating for the company in a report on Wednesday, July 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a report on Wednesday, June 24th. Scotiabank lowered their target price on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a research note on Thursday, June 18th. Royal Bank Of Canada began coverage on VICI Properties in a research note on Thursday, June 25th. They set a “sector perform” rating and a $29.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a report on Monday, May 4th. Six equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, VICI Properties presently has a consensus rating of “Hold” and an average price target of $31.77.

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.