VICI Properties (NYSE:VICI) Hits New 1-Year Low – Should You Sell?

VICI Properties Inc. (NYSE:VICI) reached a new 52-week low on Thursday . The company traded as low as $25.76 and last traded at $25.8010, with a volume of 701992 shares. The stock had previously closed at $26.00.

Analyst Upgrades and Downgrades

Several analysts have commented on VICI shares. Deutsche Bank Aktiengesellschaft set a $30.00 price objective on VICI Properties in a report on Friday, July 31st. Robert W. Baird set a $32.00 target price on VICI Properties in a research note on Thursday, July 30th. Scotiabank decreased their target price on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research report on Thursday, June 18th. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research note on Wednesday, June 24th. Finally, Morgan Stanley cut their price target on shares of VICI Properties from $38.00 to $31.00 and set an “equal weight” rating for the company in a report on Wednesday, July 8th. Six research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $31.29.

VICI Properties Stock Down 0.7%

The firm has a market cap of $28.44 billion, a price-to-earnings ratio of 10.02 and a beta of 0.65. The business has a fifty day simple moving average of $26.51 and a 200 day simple moving average of $27.80. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.98 and a quick ratio of 1.98.

VICI Properties (NYSE:VICI) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.09). VICI Properties had a return on equity of 9.66% and a net margin of 67.50%.The firm had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.04 billion. During the same period in the prior year, the firm earned $0.60 earnings per share. The business’s revenue was up 5.7% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. As a group, equities analysts forecast that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.

VICI Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were issued a $0.45 dividend. The ex-dividend date was Thursday, June 18th. This represents a $1.80 dividend on an annualized basis and a yield of 7.0%. VICI Properties’s dividend payout ratio (DPR) is presently 69.77%.

Institutional Investors Weigh In On VICI Properties

Large investors have recently modified their holdings of the business. Bank of America Corp DE lifted its position in shares of VICI Properties by 2.7% during the first quarter. Bank of America Corp DE now owns 27,948,502 shares of the company’s stock worth $763,553,000 after purchasing an additional 734,068 shares in the last quarter. Wilsey Asset Management Inc. boosted its stake in shares of VICI Properties by 6.4% in the first quarter. Wilsey Asset Management Inc. now owns 1,101,451 shares of the company’s stock valued at $30,092,000 after purchasing an additional 65,853 shares during the period. Cbre Investment Management Listed Real Assets LLC grew its holdings in shares of VICI Properties by 24.9% in the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 7,063,264 shares of the company’s stock valued at $198,619,000 after purchasing an additional 1,406,897 shares in the last quarter. Gabelli Funds LLC grew its holdings in shares of VICI Properties by 19.4% in the first quarter. Gabelli Funds LLC now owns 262,124 shares of the company’s stock valued at $7,161,000 after purchasing an additional 42,662 shares in the last quarter. Finally, PensionDanmark Pensionsforsikringsaktieselskab increased its stake in VICI Properties by 26.2% during the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 560,609 shares of the company’s stock worth $14,884,000 after buying an additional 116,546 shares during the period. Hedge funds and other institutional investors own 97.71% of the company’s stock.

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.