VICI Properties (NYSE:VICI) Hits New 1-Year Low – Time to Sell?

VICI Properties Inc. (NYSE:VICI) hit a new 52-week low during trading on Wednesday . The stock traded as low as $26.02 and last traded at $26.0730, with a volume of 12022373 shares trading hands. The stock had previously closed at $26.77.

Wall Street Analyst Weigh In

A number of research firms have weighed in on VICI. Royal Bank Of Canada initiated coverage on VICI Properties in a research note on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 price target for the company. Morgan Stanley dropped their price objective on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a report on Monday, May 4th. Barclays raised their target price on shares of VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a report on Wednesday, June 24th. Seven investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $32.57.

VICI Properties Stock Up 0.2%

The firm has a market cap of $27.77 billion, a price-to-earnings ratio of 8.91 and a beta of 0.65. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62. The firm has a fifty day simple moving average of $27.71 and a 200-day simple moving average of $28.21.

VICI Properties (NYSE:VICI) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.11. The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. VICI Properties’s quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, sell-side analysts expect that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend was Thursday, June 18th. VICI Properties’s payout ratio is presently 61.64%.

Hedge Funds Weigh In On VICI Properties

A number of hedge funds have recently bought and sold shares of the business. Norges Bank bought a new position in VICI Properties during the 4th quarter worth $537,676,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of VICI Properties by 31,134.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,218,191 shares of the company’s stock valued at $287,336,000 after acquiring an additional 10,185,477 shares during the period. Man Group plc lifted its position in shares of VICI Properties by 100.6% during the 4th quarter. Man Group plc now owns 11,406,537 shares of the company’s stock valued at $320,752,000 after acquiring an additional 5,720,867 shares during the period. Voloridge Investment Management LLC lifted its holdings in shares of VICI Properties by 247.8% during the 4th quarter. Voloridge Investment Management LLC now owns 7,792,028 shares of the company’s stock worth $219,112,000 after acquiring an additional 5,551,620 shares during the period. Finally, SG Americas Securities LLC boosted its position in shares of VICI Properties by 1,001.4% during the 1st quarter. SG Americas Securities LLC now owns 5,659,186 shares of the company’s stock worth $154,609,000 after acquiring an additional 5,145,372 shares in the last quarter. 97.71% of the stock is owned by institutional investors.

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.