FY2025 EPS Estimates for VICI Properties Lowered by Wedbush

VICI Properties Inc. (NYSE:VICI) – Stock analysts at Wedbush decreased their FY2025 earnings estimates for shares of VICI Properties in a research report issued to clients and investors on Tuesday, November 5th. Wedbush analyst R. Anderson now anticipates that the company will earn $2.32 per share for the year, down from their previous estimate of $2.33. The consensus estimate for VICI Properties’ current full-year earnings is $2.26 per share.

Several other research firms have also recently weighed in on VICI. Wells Fargo & Company reissued an “overweight” rating and set a $36.00 price objective (up previously from $33.00) on shares of VICI Properties in a research report on Tuesday, October 1st. Evercore ISI increased their price objective on VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. Finally, JMP Securities boosted their target price on shares of VICI Properties from $34.00 to $35.00 and gave the stock a “market outperform” rating in a research report on Friday, November 1st. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $34.11.

VICI Properties Stock Performance

Shares of VICI opened at $32.02 on Wednesday. The company has a market capitalization of $33.75 billion, a PE ratio of 11.86, a price-to-earnings-growth ratio of 4.98 and a beta of 0.94. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. VICI Properties has a one year low of $27.08 and a one year high of $34.29. The company’s fifty day moving average price is $32.93 and its 200 day moving average price is $30.76.

Institutional Trading of VICI Properties

Institutional investors have recently made changes to their positions in the business. SG Americas Securities LLC lifted its position in shares of VICI Properties by 671.3% during the 1st quarter. SG Americas Securities LLC now owns 721,523 shares of the company’s stock worth $21,494,000 after buying an additional 627,979 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of VICI Properties by 15.1% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,882,494 shares of the company’s stock valued at $56,079,000 after purchasing an additional 246,983 shares in the last quarter. Intech Investment Management LLC increased its position in shares of VICI Properties by 115.9% during the 1st quarter. Intech Investment Management LLC now owns 31,344 shares of the company’s stock worth $934,000 after purchasing an additional 16,824 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in VICI Properties by 14.0% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 484,628 shares of the company’s stock valued at $14,437,000 after purchasing an additional 59,613 shares during the last quarter. Finally, Handelsbanken Fonder AB boosted its position in VICI Properties by 8.8% in the third quarter. Handelsbanken Fonder AB now owns 593,852 shares of the company’s stock valued at $19,781,000 after buying an additional 47,953 shares in the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.

VICI Properties Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 18th were given a $0.4325 dividend. This is a boost from VICI Properties’s previous quarterly dividend of $0.42. This represents a $1.73 annualized dividend and a yield of 5.40%. The ex-dividend date was Wednesday, September 18th. VICI Properties’s dividend payout ratio (DPR) is 64.07%.

About VICI Properties

VICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.