VICI Properties (NYSE:VICI) Sets New 52-Week Low – Here’s What Happened

VICI Properties Inc. (NYSE:VICI) reached a new 52-week low on Friday . The stock traded as low as $27.44 and last traded at $27.3080, with a volume of 2587782 shares. The stock had previously closed at $27.98.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on VICI. Evercore restated an “in-line” rating and set a $32.00 target price (down from $36.00) on shares of VICI Properties in a research note on Monday, December 1st. Mizuho reiterated a “neutral” rating and set a $30.00 price target on shares of VICI Properties in a report on Wednesday, March 11th. The Goldman Sachs Group cut 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. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research report on Monday, December 29th. Finally, Scotiabank lowered shares of VICI Properties from a “sector outperform” rating to a “sector perform” rating and dropped their target price for the stock from $36.00 to $30.00 in a research report on Friday, January 30th. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $33.69.

VICI Properties Price Performance

The stock has a market cap of $28.71 billion, a P/E ratio of 10.29, a price-to-earnings-growth ratio of 3.08 and a beta of 0.67. The company has a current ratio of 3.17, a quick ratio of 3.17 and a debt-to-equity ratio of 0.59. The company’s fifty day simple moving average is $28.94 and its 200-day simple moving average is $29.75.

VICI Properties (NYSE:VICI) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.03). VICI Properties had a return on equity of 10.02% and a net margin of 69.28%.The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same period in the previous year, the business posted $0.57 earnings per share. VICI Properties’s 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. As a group, sell-side analysts forecast that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Thursday, March 19th will be paid a dividend of $0.45 per share. The ex-dividend date is Thursday, March 19th. This represents a $1.80 dividend on an annualized basis and a yield of 6.7%. VICI Properties’s dividend payout ratio (DPR) is currently 68.97%.

Institutional Investors Weigh In On VICI Properties

Several large investors have recently modified their holdings of the stock. Bayban acquired a new position in shares of VICI Properties in the 4th quarter worth approximately $25,000. State of Wyoming acquired a new stake in VICI Properties in the 2nd quarter valued at $26,000. Parvin Asset Management LLC bought a new stake in VICI Properties in the second quarter valued at $27,000. Evolution Wealth Management Inc. bought a new stake in VICI Properties in the fourth quarter valued at $28,000. Finally, Headlands Technologies LLC acquired a new position in VICI Properties during the second quarter worth $28,000. 97.71% of the stock is currently owned by institutional investors.

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.