VICI Properties Inc. (NYSE:VICI) Receives Average Recommendation of “Hold” from Analysts

Shares of VICI Properties Inc. (NYSE:VICI) have been given an average recommendation of “Hold” by the thirteen brokerages that are covering the stock, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $31.00.

Several equities research analysts have issued reports on the stock. Mizuho lowered their target price on shares of VICI Properties from $30.00 to $27.00 and set a “neutral” rating on the stock in a research note on Wednesday. Raymond James Financial set a $29.00 price objective on shares of VICI Properties in a report on Thursday, August 13th. Morgan Stanley lowered their price target on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 8th. Royal Bank Of Canada initiated coverage on shares of VICI Properties in a research note on Thursday, June 25th. They set a “sector perform” rating and a $29.00 price objective for the company. Finally, Cantor Fitzgerald cut their target price on shares of VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a research note on Monday, August 10th.

VICI Properties Stock Up 0.4%

NYSE:VICI opened at $25.64 on Thursday. The company has a 50-day moving average of $26.44 and a 200 day moving average of $27.68. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.98 and a quick ratio of 1.98. The firm has a market cap of $28.23 billion, a PE ratio of 9.94 and a beta of 0.65. VICI Properties has a 1-year low of $25.36 and a 1-year high of $33.83.

VICI Properties (NYSE:VICI) last announced its earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share 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%. VICI Properties’s revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the business earned $0.60 earnings per share. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. As a group, research analysts anticipate that VICI Properties will post 2.46 EPS for the current fiscal year.

Institutional Investors Weigh In On VICI Properties

Institutional investors have recently added to or reduced their stakes in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of VICI Properties by 3.4% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,699,040 shares of the company’s stock worth $284,060,000 after acquiring an additional 349,262 shares in the last quarter. Bank of America Corp DE boosted its stake in VICI Properties by 2.7% in the 1st quarter. Bank of America Corp DE now owns 27,948,502 shares of the company’s stock worth $763,553,000 after purchasing an additional 734,068 shares during the period. Rakuten Investment Management Inc. bought a new position in VICI Properties during the 2nd quarter worth about $4,858,000. Wilsey Asset Management Inc. increased its holdings in VICI Properties by 6.4% during the 1st quarter. Wilsey Asset Management Inc. now owns 1,101,451 shares of the company’s stock worth $30,092,000 after purchasing an additional 65,853 shares in the last quarter. Finally, Cbre Investment Management Listed Real Assets LLC raised its stake in shares of VICI Properties by 24.9% in the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 7,063,264 shares of the company’s stock valued at $198,619,000 after purchasing an additional 1,406,897 shares during the period. 97.71% of the stock is owned by institutional investors and hedge funds.

About VICI Properties

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.