Wedbush Equities Analysts Raise Earnings Estimates for VICI Properties Inc. (NYSE:VICI)

VICI Properties Inc. (NYSE:VICI) – Research analysts at Wedbush increased their FY2025 EPS estimates for VICI Properties in a note issued to investors on Monday, May 6th. Wedbush analyst R. Anderson now anticipates that the company will earn $2.34 per share for the year, up from their prior forecast of $2.33. The consensus estimate for VICI Properties’ current full-year earnings is $2.25 per share.

VICI has been the subject of a number of other reports. Morgan Stanley increased their price target on shares of VICI Properties from $32.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Monday, March 18th. Mizuho decreased their target price on shares of VICI Properties from $34.00 to $31.00 and set a “buy” rating for the company in a research note on Thursday, March 7th. Finally, Wells Fargo & Company decreased their target price on shares of VICI Properties from $34.00 to $32.00 and set an “overweight” rating for the company in a research note on Wednesday, March 6th. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, VICI Properties has an average rating of “Moderate Buy” and an average price target of $34.10.

VICI Properties Price Performance

VICI stock opened at $29.26 on Wednesday. VICI Properties has a 1 year low of $26.63 and a 1 year high of $33.40. The company has a market cap of $30.52 billion, a P/E ratio of 11.57, a PEG ratio of 6.47 and a beta of 0.90. The firm has a 50-day moving average of $28.91 and a 200 day moving average of $29.61. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.97 and a quick ratio of 2.97.

Institutional Investors Weigh In On VICI Properties

A number of large investors have recently added to or reduced their stakes in VICI. Handelsbanken Fonder AB boosted its stake in shares of VICI Properties by 85.1% during the 4th quarter. Handelsbanken Fonder AB now owns 514,232 shares of the company’s stock worth $16,394,000 after acquiring an additional 236,430 shares during the last quarter. Pathstone Family Office LLC lifted its stake in shares of VICI Properties by 286.6% during the 3rd quarter. Pathstone Family Office LLC now owns 28,151 shares of the company’s stock valued at $822,000 after buying an additional 20,869 shares in the last quarter. Louisiana State Employees Retirement System purchased a new position in shares of VICI Properties during the 4th quarter valued at $1,996,000. International Assets Investment Management LLC lifted its stake in shares of VICI Properties by 3,074.1% during the 4th quarter. International Assets Investment Management LLC now owns 181,844 shares of the company’s stock valued at $5,704,000 after buying an additional 176,115 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of VICI Properties by 1.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 10,146,772 shares of the company’s stock valued at $295,271,000 after buying an additional 183,369 shares in the last quarter. Institutional investors own 97.71% of the company’s stock.

Insiders Place Their Bets

In related news, Director James R. Abrahamson bought 3,000 shares of the business’s stock in a transaction on Thursday, March 14th. The stock was acquired at an average price of $28.85 per share, with a total value of $86,550.00. Following the transaction, the director now owns 139,342 shares in the company, valued at approximately $4,020,016.70. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.25% of the stock is currently owned by insiders.

VICI Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Shareholders of record on Thursday, March 21st were given a $0.415 dividend. This represents a $1.66 dividend on an annualized basis and a yield of 5.67%. The ex-dividend date of this dividend was Wednesday, March 20th. VICI Properties’s dividend payout ratio (DPR) is presently 65.61%.

VICI Properties Company Profile

VICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.