Citizens Jmp Issues Pessimistic Forecast for VICI Properties (NYSE:VICI) Stock Price

VICI Properties (NYSE:VICI) had its price objective lowered by equities research analysts at Citizens Jmp from $35.00 to $31.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage currently has a “market outperform” rating on the stock. Citizens Jmp’s price target would indicate a potential upside of 36.42% from the company’s current price.

VICI has been the subject of a number of other research reports. Deutsche Bank Aktiengesellschaft set a $30.00 price objective on VICI Properties in a research note on Friday, July 31st. Royal Bank Of Canada started coverage on shares of VICI Properties in a research note on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 price target for the company. Morgan Stanley reduced their price objective on shares of VICI Properties from $31.00 to $29.00 and set an “equal weight” rating on the stock in a research note on Tuesday, September 15th. Weiss Ratings lowered shares of VICI Properties from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, September 9th. Finally, Robert W. Baird set a $32.00 target price on shares of VICI Properties in a research report on Thursday, July 30th. Seven investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $30.00.

VICI Properties Stock Down 1.1%

Shares of NYSE:VICI opened at $22.72 on Friday. 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 has a 52-week low of $22.54 and a 52-week high of $33.01. The company has a 50 day moving average of $25.45 and a two-hundred day moving average of $26.88. The company has a market capitalization of $25.02 billion, a price-to-earnings ratio of 8.81 and a beta of 0.65.

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

Hedge Funds Weigh In On VICI Properties

Large investors have recently bought and sold shares of the business. QRG Capital Management Inc. grew its holdings in shares of VICI Properties by 8.6% during the second quarter. QRG Capital Management Inc. now owns 456,786 shares of the company’s stock valued at $12,128,000 after purchasing an additional 36,140 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of VICI Properties by 3.3% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 33,596 shares of the company’s stock worth $892,000 after purchasing an additional 1,083 shares during the last quarter. State Street Corp boosted its position in VICI Properties by 4.5% during the 2nd quarter. State Street Corp now owns 67,155,780 shares of the company’s stock valued at $1,812,259,000 after purchasing an additional 2,920,133 shares during the period. The Manufacturers Life Insurance Company grew its stake in VICI Properties by 19.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,097,823 shares of the company’s stock worth $29,147,000 after buying an additional 177,238 shares during the last quarter. Finally, Tidal Investments LLC grew its stake in VICI Properties by 14.0% during the 2nd quarter. Tidal Investments LLC now owns 100,502 shares of the company’s stock worth $2,668,000 after buying an additional 12,362 shares during the last quarter. Institutional investors own 97.71% of the company’s stock.

About VICI Properties

VICI Properties Inc (NYSE:VICI) is a real estate investment trust that owns and acquires experiential real estate, with a primary focus on gaming, hospitality and entertainment properties. The company generates revenue by leasing its properties to operating partners, generally under long-term, triple-net lease agreements that place responsibility for property-level expenses with the tenants.

VICI’s portfolio includes some of the most recognized gaming and resort destinations in the United States, including properties associated with Caesars Entertainment, MGM Resorts International and other gaming operators.