VICI Properties (NYSE:VICI) Issues Earnings Results, Meets Estimates

VICI Properties (NYSE:VICI) posted its earnings results on Wednesday. The company reported $0.60 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.60, Zacks reports. VICI Properties had a net margin of 70.18% and a return on equity of 10.17%. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same period in the previous year, the business posted $0.57 EPS. VICI Properties’s revenue was up 3.8% on a year-over-year basis. VICI Properties updated its FY 2026 guidance to 2.420-2.450 EPS.

VICI Properties Stock Performance

VICI Properties stock traded down $0.04 during trading hours on Wednesday, reaching $30.24. 7,411,965 shares of the company were exchanged, compared to its average volume of 10,237,179. The firm has a market cap of $32.32 billion, a price-to-earnings ratio of 11.54, a PEG ratio of 3.01 and a beta of 0.70. VICI Properties has a 12 month low of $27.48 and a 12 month high of $34.03. The company has a current ratio of 3.60, a quick ratio of 3.60 and a debt-to-equity ratio of 0.60. The stock has a 50-day moving average of $28.53 and a 200 day moving average of $30.23.

VICI Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Wednesday, December 17th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 6.0%. The ex-dividend date was Wednesday, December 17th. VICI Properties’s payout ratio is 68.70%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of VICI. Wasatch Advisors LP increased its position in shares of VICI Properties by 0.4% during the third quarter. Wasatch Advisors LP now owns 135,354 shares of the company’s stock worth $4,414,000 after acquiring an additional 484 shares in the last quarter. WealthCollab LLC boosted its position in VICI Properties by 37.4% during the second quarter. WealthCollab LLC now owns 1,788 shares of the company’s stock worth $58,000 after purchasing an additional 487 shares during the period. Seven Mile Advisory lifted its stake in shares of VICI Properties by 5.1% during the 3rd quarter. Seven Mile Advisory now owns 10,281 shares of the company’s stock worth $335,000 after buying an additional 495 shares during the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its holdings in shares of VICI Properties by 13.0% during the 3rd quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 5,050 shares of the company’s stock worth $165,000 after buying an additional 580 shares during the period. Finally, Laird Norton Wetherby Wealth Management LLC raised its holdings in VICI Properties by 7.4% in the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 8,793 shares of the company’s stock valued at $287,000 after acquiring an additional 606 shares during the period. Institutional investors and hedge funds own 97.71% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on VICI shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research report on Monday, December 29th. Wells Fargo & Company reiterated an “equal weight” rating and issued a $32.00 target price (down from $36.00) on shares of VICI Properties in a report on Tuesday, November 18th. 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 report on Monday, December 1st. Scotiabank downgraded shares of VICI Properties from a “sector outperform” rating to a “sector perform” rating and lowered their price objective for the company from $36.00 to $30.00 in a research report on Friday, January 30th. Finally, Barclays dropped their price objective on shares of VICI Properties from $37.00 to $33.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 3rd. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $33.85.

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.