VICI Properties Inc. (NYSE:VICI – Free Report) – Stock analysts at Wedbush reduced their FY2025 earnings per share (EPS) estimates for VICI Properties in a research report issued on Tuesday, November 5th. Wedbush analyst R. Anderson now forecasts that the company will earn $2.32 per share for the year, down from their previous forecast of $2.33. The consensus estimate for VICI Properties’ current full-year earnings is $2.26 per share.
Other research analysts have also recently issued research reports about the company. Evercore ISI lifted their target price on VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $36.00 price target (up from $33.00) on shares of VICI Properties in a report on Tuesday, October 1st. Finally, JMP Securities increased their price objective on shares of VICI Properties from $34.00 to $35.00 and gave the company a “market outperform” rating in a research note on Friday, November 1st. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.11.
VICI Properties Price Performance
VICI Properties stock opened at $31.11 on Wednesday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. VICI Properties has a 52 week low of $27.08 and a 52 week high of $34.29. The stock has a market capitalization of $32.80 billion, a P/E ratio of 11.52, a price-to-earnings-growth ratio of 4.98 and a beta of 0.94. The stock has a fifty day moving average of $32.89 and a 200-day moving average of $30.76.
VICI Properties Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 18th were issued a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.56%. The ex-dividend date was Wednesday, September 18th. This is a positive change from VICI Properties’s previous quarterly dividend of $0.42. VICI Properties’s payout ratio is 64.07%.
Institutional Trading of VICI Properties
Institutional investors and hedge funds have recently bought and sold shares of the stock. Quarry LP grew its position in shares of VICI Properties by 780.5% in the 2nd quarter. Quarry LP now owns 1,127 shares of the company’s stock valued at $32,000 after buying an additional 999 shares during the last quarter. UMB Bank n.a. boosted its holdings in VICI Properties by 254.4% in the second quarter. UMB Bank n.a. now owns 1,368 shares of the company’s stock valued at $39,000 after acquiring an additional 982 shares during the last quarter. Carmichael Hill & Associates Inc. increased its position in VICI Properties by 363.2% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 1,408 shares of the company’s stock valued at $40,000 after purchasing an additional 1,104 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new position in VICI Properties during the 2nd quarter worth approximately $43,000. Finally, Rothschild Investment LLC acquired a new position in shares of VICI Properties in the 2nd quarter worth approximately $47,000. 97.71% of the stock is currently owned by institutional investors and hedge funds.
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.
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