VICI Properties (NYSE:VICI) Issues FY 2026 Earnings Guidance

VICI Properties (NYSE:VICI) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 2.470-2.480 for the period, compared to the consensus estimate of 2.470.

VICI Properties Price Performance

Shares of VICI opened at $24.48 on Friday. VICI Properties has a twelve month low of $22.42 and a twelve month high of $30.83. The firm’s fifty day simple moving average is $24.16 and its 200-day simple moving average is $26.96. The firm has a market capitalization of $26.95 billion, a price-to-earnings ratio of 11.23 and a beta of 0.65. The company has a current ratio of 2.35, a quick ratio of 1.98 and a debt-to-equity ratio of 0.57.

VICI Properties (NYSE:VICI) last issued its earnings results on Wednesday, October 28th. The company reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.41). The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.06 billion. VICI Properties had a return on equity of 8.10% and a net margin of 56.46%. The business’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.60 EPS. Equities analysts forecast that VICI Properties will post 2.47 EPS for the current fiscal year.

VICI Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Thursday, September 17th were given a dividend of $0.46 per share. The ex-dividend date of this dividend was Thursday, September 17th. This represents a $1.84 annualized dividend and a dividend yield of 7.5%. This is an increase from VICI Properties’s previous quarterly dividend of $0.45. VICI Properties’s payout ratio is currently 84.40%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on VICI. Morgan Stanley dropped their price objective on VICI Properties from $31.00 to $29.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 15th. Cantor Fitzgerald decreased their target price on VICI Properties from $34.00 to $32.00 and set an “overweight” rating for the company in a research note on Monday, August 10th. Robert W. Baird set a $32.00 target price on VICI Properties in a research note on Thursday, July 30th. Citigroup reaffirmed a “market outperform” rating on shares of VICI Properties in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft set a $30.00 price target on shares of VICI Properties in a research note on Friday, July 31st. Eight research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $29.61.

VICI Properties News Roundup

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

• Positive Sentiment: VICI authorized a $2 billion share buyback, equivalent to roughly 7.7% of its shares, which could support per-share growth and signal that management views the stock as undervalued. VICI Q3 Earnings Call Highlights: Buybacks and Caesars Lease Risks
• Positive Sentiment: Management raised fiscal 2026 guidance to $2.470-$2.480 in EPS, broadly matching the $2.470 consensus estimate. Adjusted funds from operations (AFFO) per share increased 4.3%, while third-quarter AFFO of $0.62 per share was reported as in line with estimates. VICI Properties Q3 FFO Meet Estimates, Revenues Beat on Lease Growth
• Positive Sentiment: Third-quarter revenue rose 5.8% year over year to approximately $1.07 billion, exceeding consensus expectations on continued lease growth. The shares also recently moved above their 50-day moving average, a potentially favorable short-term technical signal. VICI Recently Broke Out Above the 50-Day Moving Average
• Neutral Sentiment: The headline earnings picture was mixed: reported EPS of $0.31 declined from $0.60 a year earlier and missed the $0.72 consensus, while the more relevant REIT operating metric, AFFO, held up better. Higher expenses contributed to the discrepancy.
• Negative Sentiment: VICI recorded a roughly $458 million increase in its credit-loss allowance, much of it related to Caesars Entertainment. Investors remain concerned about Caesars’ refinancing needs, lease obligations and credit quality, creating uncertainty around VICI’s largest tenant exposure. Vici Properties Q3 Earnings Hampered by Market Headwinds, Caesars Lease Unknowns

VICI Properties Company Profile

VICI Properties Inc (NYSE:VICI) is a real estate investment trust that owns and manages experiential properties, with a primary focus on gaming, hospitality and entertainment destinations. The company’s portfolio includes the real estate associated with well-known casinos, resorts, racetracks and golf facilities.

VICI generally leases its properties to gaming and entertainment operators through long-term, triple-net lease agreements. Its tenants operate the properties and are typically responsible for property-level expenses such as maintenance, insurance and taxes, while VICI focuses on owning, maintaining and expanding its real estate portfolio.

The company was established in 2017 as part of the restructuring of Caesars Entertainment Operating Company.