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

VICI Properties Inc. (NYSE:VICI) has been assigned an average rating of “Moderate Buy” from the thirteen brokerages that are covering the company, MarketBeat reports. Six investment analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $33.3846.

A number of equities analysts recently issued reports on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Scotiabank raised their price objective on shares of VICI Properties from $30.00 to $32.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on shares of VICI Properties in a report on Monday, May 4th. Barclays raised their price objective on shares of VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Finally, Mizuho reissued a “neutral” rating and issued a $30.00 price objective on shares of VICI Properties in a report on Wednesday, March 11th.

Hedge Funds Weigh In On VICI Properties

Large investors have recently added to or reduced their stakes in the company. State of Wyoming purchased a new position in VICI Properties during the second quarter valued at approximately $26,000. Headlands Technologies LLC purchased a new position in VICI Properties during the second quarter valued at approximately $28,000. Bayban purchased a new position in VICI Properties during the fourth quarter valued at approximately $25,000. Dynamic Wealth Strategies LLC purchased a new position in VICI Properties during the first quarter valued at approximately $25,000. Finally, BOKF NA purchased a new position in VICI Properties during the third quarter valued at approximately $30,000. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Performance

VICI opened at $28.53 on Tuesday. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.59. The company has a market cap of $30.50 billion, a price-to-earnings ratio of 9.77 and a beta of 0.67. The company’s 50 day moving average is $28.13 and its 200 day moving average is $28.59. VICI Properties has a 12-month low of $26.55 and a 12-month high of $34.01.

VICI Properties (NYSE:VICI) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.11. The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.01 billion. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The firm’s revenue was up 3.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, equities research analysts predict that VICI Properties will post 2.46 EPS for the current year.

VICI Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Thursday, March 19th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $1.80 annualized dividend and a yield of 6.3%. VICI Properties’s payout ratio is currently 61.64%.

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.