VICI Properties Inc. (NYSE:VICI) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of VICI Properties Inc. (NYSE:VICI) have been assigned a consensus recommendation of “Moderate Buy” from the fourteen ratings firms that are currently covering the stock, Marketbeat reports. Five analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $33.6923.

A number of research analysts have issued reports on VICI shares. The Goldman Sachs Group decreased their price target on VICI Properties from $38.00 to $34.00 and set a “buy” rating for the company in a report on Friday, November 28th. Scotiabank lowered shares of VICI Properties from a “sector outperform” rating to a “sector perform” rating and cut their target price for the company from $36.00 to $30.00 in a report on Friday, January 30th. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a report on Monday, December 29th. Barclays dropped their price target on shares of VICI Properties from $37.00 to $33.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 3rd. Finally, Cantor Fitzgerald set a $33.00 price objective on shares of VICI Properties in a report on Monday, January 5th.

VICI Properties Trading Down 1.1%

NYSE VICI opened at $29.88 on Thursday. VICI Properties has a 1 year low of $27.48 and a 1 year high of $34.03. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.17 and a quick ratio of 3.17. The company has a market capitalization of $31.93 billion, a PE ratio of 11.45, a P/E/G ratio of 3.46 and a beta of 0.67. The company has a fifty day moving average of $28.79 and a 200 day moving average of $30.14.

VICI Properties (NYSE:VICI) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.03). VICI Properties had a net margin of 69.28% and a return on equity of 10.02%. The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter in the previous year, the business posted $0.57 EPS. The business’s quarterly revenue was up 3.8% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. Research analysts forecast that VICI Properties will post 2.31 earnings per share for the current year.

Hedge Funds Weigh In On VICI Properties

A number of large investors have recently bought and sold shares of VICI. Vanguard Group Inc. lifted its holdings in VICI Properties by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 158,457,308 shares of the company’s stock valued at $4,455,820,000 after purchasing an additional 1,705,855 shares in the last quarter. State Street Corp raised its position in shares of VICI Properties by 1.7% in the fourth quarter. State Street Corp now owns 63,619,919 shares of the company’s stock valued at $1,817,165,000 after buying an additional 1,080,992 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of VICI Properties by 2.9% in the fourth quarter. Geode Capital Management LLC now owns 36,209,246 shares of the company’s stock worth $1,030,716,000 after buying an additional 1,037,345 shares in the last quarter. Allianz Asset Management GmbH boosted its position in VICI Properties by 8.2% during the fourth quarter. Allianz Asset Management GmbH now owns 30,292,364 shares of the company’s stock worth $851,821,000 after acquiring an additional 2,305,719 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in VICI Properties by 17.9% during the third quarter. Bank of America Corp DE now owns 26,160,282 shares of the company’s stock worth $853,087,000 after acquiring an additional 3,968,349 shares during the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

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.