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

Shares of VICI Properties Inc. (NYSE:VICI) have been given a consensus recommendation of “Moderate Buy” by the fourteen analysts that are presently covering the company, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $33.6923.

A number of brokerages have recently commented on VICI. Robert W. Baird lowered their price objective on VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research report on Monday, March 2nd. Evercore reissued an “in-line” rating and issued a $32.00 price target (down from $36.00) on shares of VICI Properties in a research note on Monday, December 1st. Mizuho restated a “neutral” rating and issued a $30.00 price target on shares of VICI Properties in a report on Wednesday, March 11th. Barclays dropped their price objective on shares of VICI Properties from $37.00 to $33.00 and set an “overweight” rating for the company in a research note 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.

Hedge Funds Weigh In On VICI Properties

A number of hedge funds have recently made changes to their positions in the stock. NewEdge Advisors LLC boosted its holdings in VICI Properties by 204.4% in the first quarter. NewEdge Advisors LLC now owns 37,580 shares of the company’s stock valued at $1,226,000 after acquiring an additional 25,234 shares during the last quarter. Woodline Partners LP increased its stake in VICI Properties by 41.3% during the first quarter. Woodline Partners LP now owns 89,062 shares of the company’s stock worth $2,905,000 after acquiring an additional 26,017 shares during the last quarter. Choreo LLC increased its stake in VICI Properties by 11.3% during the second quarter. Choreo LLC now owns 19,696 shares of the company’s stock worth $651,000 after acquiring an additional 1,994 shares during the last quarter. Quadrant Capital Group LLC raised its holdings in shares of VICI Properties by 12.5% in the 2nd quarter. Quadrant Capital Group LLC now owns 11,854 shares of the company’s stock worth $386,000 after purchasing an additional 1,315 shares during the period. Finally, Elevation Point Wealth Partners LLC purchased a new position in shares of VICI Properties in the 2nd quarter worth about $38,000. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Stock Performance

NYSE:VICI opened at $26.60 on Monday. 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 firm has a market cap of $28.43 billion, a PE ratio of 10.19, a P/E/G ratio of 3.05 and a beta of 0.67. The firm has a 50 day simple moving average of $28.82 and a 200-day simple moving average of $29.50. VICI Properties has a 1-year low of $26.55 and a 1-year high of $34.01.

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

VICI Properties Announces Dividend

The business 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 of this dividend is Thursday, March 19th. This represents a $1.80 dividend on an annualized basis and a yield of 6.8%. VICI Properties’s dividend payout ratio (DPR) is currently 68.97%.

VICI Properties Company Profile

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.