Stifel Nicolaus Has Lowered Expectations for VICI Properties (NYSE:VICI) Stock Price

VICI Properties (NYSE:VICI) had its price target decreased by equities research analysts at Stifel Nicolaus from $35.00 to $34.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus’ price objective would indicate a potential upside of 13.12% from the company’s current price.

Other research analysts have also issued reports about the company. JMP Securities set a $35.00 price objective on VICI Properties in a research report on Tuesday, July 22nd. Evercore ISI reduced their price target on VICI Properties from $38.00 to $36.00 and set an “outperform” rating on the stock in a research report on Friday. Cantor Fitzgerald began coverage on VICI Properties in a research report on Wednesday, October 1st. They issued an “overweight” rating and a $37.00 price target on the stock. Barclays raised their price target on VICI Properties from $36.00 to $37.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Finally, Wells Fargo & Company raised their price target on VICI Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 27th. Thirteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, VICI Properties currently has a consensus rating of “Moderate Buy” and a consensus price target of $35.85.

VICI Properties Stock Up 1.8%

Shares of VICI opened at $30.06 on Friday. The firm has a market capitalization of $32.05 billion, a price-to-earnings ratio of 11.47, a PEG ratio of 2.99 and a beta of 0.72. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.74 and a current ratio of 1.74. The business’s fifty day moving average price is $32.13 and its two-hundred day moving average price is $32.33. VICI Properties has a 52 week low of $27.98 and a 52 week high of $34.03.

VICI Properties (NYSE:VICI) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.01. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1 billion. VICI Properties had a return on equity of 10.26% and a net margin of 70.18%.The business’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period last year, the company earned $0.57 EPS. VICI Properties has set its FY 2025 guidance at 2.360-2.370 EPS. On average, analysts predict that VICI Properties will post 2.31 earnings per share for the current year.

Institutional Trading of VICI Properties

Hedge funds have recently added to or reduced their stakes in the business. State of Wyoming acquired a new stake in VICI Properties during the 2nd quarter worth $26,000. Parvin Asset Management LLC acquired a new stake in VICI Properties during the 2nd quarter worth $27,000. Headlands Technologies LLC acquired a new stake in VICI Properties during the 2nd quarter worth $28,000. Hantz Financial Services Inc. raised its stake in VICI Properties by 489.2% during the 2nd quarter. Hantz Financial Services Inc. now owns 872 shares of the company’s stock worth $28,000 after buying an additional 724 shares during the period. Finally, Wayfinding Financial LLC acquired a new stake in VICI Properties during the 1st quarter worth $29,000. Institutional investors and hedge funds own 97.71% of the company’s stock.

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.