VICI Properties (NYSE:VICI) Cut to “Neutral” at JPMorgan Chase & Co.

JPMorgan Chase & Co. cut shares of VICI Properties (NYSE:VICI) from an overweight rating to a neutral rating in a report issued on Thursday morning, Marketbeat Ratings reports. They currently have $30.00 price objective on the stock.

A number of other research firms have also commented on VICI. Scotiabank lowered their price target on VICI Properties from $29.00 to $26.00 and set a “sector perform” rating for the company in a research report on Thursday. Raymond James Financial set a $29.00 target price on shares of VICI Properties in a research note on Thursday, August 13th. Weiss Ratings downgraded shares of VICI Properties from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, September 9th. Cantor Fitzgerald dropped their price target on shares of VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a research report on Monday, August 10th. Finally, Barclays cut their price target on shares of VICI Properties from $34.00 to $31.00 and set an “overweight” rating on the stock in a report on Wednesday, July 22nd. Five research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $29.93.

VICI Properties Stock Performance

Shares of VICI opened at $23.51 on Thursday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.98 and a current ratio of 1.98. The stock has a 50 day moving average price of $25.73 and a two-hundred day moving average price of $27.05. The firm has a market capitalization of $25.89 billion, a P/E ratio of 9.11 and a beta of 0.65. VICI Properties has a 52 week low of $23.18 and a 52 week high of $33.01.

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

VICI Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Thursday, September 17th will be given a $0.46 dividend. This is an increase from VICI Properties’s previous quarterly dividend of $0.45. This represents a $1.84 annualized dividend and a yield of 7.8%. The ex-dividend date of this dividend is Thursday, September 17th. VICI Properties’s payout ratio is presently 71.32%.

Institutional Investors Weigh In On VICI Properties

Several large investors have recently made changes to their positions in the business. BlackRock Inc. bought a new stake in shares of VICI Properties during the 2nd quarter worth $3,433,817,000. State Street Corp grew its position in VICI Properties by 4.5% during the second quarter. State Street Corp now owns 67,155,780 shares of the company’s stock valued at $1,812,259,000 after buying an additional 2,920,133 shares during the period. Geode Capital Management LLC grew its position in VICI Properties by 2.9% during the fourth quarter. Geode Capital Management LLC now owns 36,209,246 shares of the company’s stock valued at $1,030,716,000 after buying an additional 1,037,345 shares during the period. Allianz Asset Management GmbH increased its holdings in VICI Properties by 1.8% during the second quarter. Allianz Asset Management GmbH now owns 31,527,182 shares of the company’s stock worth $837,047,000 after buying an additional 566,922 shares during the last quarter. Finally, Bank of America Corp DE purchased a new stake in VICI Properties during the second quarter worth about $778,709,000. 97.71% of the stock is owned by hedge funds and other institutional investors.

More VICI Properties News

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

• Positive Sentiment: VICI’s income appeal remains a key support. A recent income-investing article highlights high-yield, financially established stocks that can provide substantial monthly passive income, a theme that may attract dividend-focused investors to VICI’s casino real-estate portfolio. This Is All You Need to Earn Over $500 a Month From 3 Strong Buy Stocks
• Neutral Sentiment: JPMorgan downgraded VICI from “overweight” to “neutral,” but assigned a $30 price target—well above the recent trading level. The target indicates analysts still see potential upside, though JPMorgan’s more cautious rating could limit near-term enthusiasm. JP Morgan Downgrades VICI Properties to Neutral from Overweight
• Negative Sentiment: Scotiabank reduced its price target from $29 to $26 while maintaining a “sector perform” rating, reflecting more limited expected returns and a cautious view of the real-estate sector. Scotiabank Adjusts VICI Properties Price Target
• Negative Sentiment: Recent coverage emphasizes that VICI reached a 52-week low after quarterly EPS missed consensus expectations. Although revenue exceeded estimates and rose year over year, the earnings shortfall has increased concerns about operating performance and valuation support. VICI Properties Stock Falls to a 52-Week Low as EPS Misses

About VICI Properties

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.