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

VICI Properties Inc. (NYSE:VICI) has been given a consensus rating of “Moderate Buy” by the fifteen research firms that are covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $34.3077.

A number of equities analysts recently issued reports on VICI shares. Barclays decreased their target price on VICI Properties from $37.00 to $33.00 and set an “overweight” rating on the stock in a report on Wednesday, December 3rd. The Goldman Sachs Group dropped their price objective on VICI Properties from $38.00 to $34.00 and set a “buy” rating on the stock in a research note on Friday, November 28th. Mizuho decreased their target price on VICI Properties from $35.00 to $30.00 and set an “outperform” rating on the stock in a research report on Wednesday, December 17th. Stifel Nicolaus reduced their price objective on shares of VICI Properties from $35.00 to $34.00 and set a “buy” rating for the company in a report on Friday, October 31st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research note on Monday, December 29th.

Institutional Trading of VICI Properties

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Chesley Taft & Associates LLC raised its stake in shares of VICI Properties by 3.6% during the second quarter. Chesley Taft & Associates LLC now owns 9,321 shares of the company’s stock worth $304,000 after buying an additional 324 shares during the last quarter. Aptus Capital Advisors LLC lifted its position in VICI Properties by 5.2% in the 3rd quarter. Aptus Capital Advisors LLC now owns 6,623 shares of the company’s stock valued at $216,000 after acquiring an additional 329 shares in the last quarter. Wright Investors Service Inc. grew its holdings in shares of VICI Properties by 0.4% during the second quarter. Wright Investors Service Inc. now owns 74,517 shares of the company’s stock worth $2,429,000 after buying an additional 330 shares in the last quarter. Arete Wealth Advisors LLC raised its holdings in shares of VICI Properties by 3.8% in the third quarter. Arete Wealth Advisors LLC now owns 9,110 shares of the company’s stock valued at $296,000 after purchasing an additional 334 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC lifted its position in VICI Properties by 3.3% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 10,404 shares of the company’s stock worth $339,000 after buying an additional 337 shares in the last quarter. 97.71% of the stock is owned by institutional investors.

VICI Properties Price Performance

Shares of VICI opened at $28.98 on Wednesday. The firm has a market cap of $30.97 billion, a price-to-earnings ratio of 11.06, a PEG ratio of 2.88 and a beta of 0.70. VICI Properties has a 52 week low of $27.48 and a 52 week high of $34.03. The stock has a 50 day moving average of $28.52 and a 200-day moving average of $31.03. The company has a current ratio of 3.60, a quick ratio of 3.60 and a debt-to-equity ratio of 0.60.

VICI Properties (NYSE:VICI) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.01. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1 billion. VICI Properties had a return on equity of 10.17% and a net margin of 70.18%.The business’s revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.57 earnings per share. VICI Properties has set its FY 2025 guidance at 2.360-2.370 EPS. As a group, analysts forecast that VICI Properties will post 2.31 EPS for the current year.

VICI Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Wednesday, December 17th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date was Wednesday, December 17th. VICI Properties’s dividend payout ratio is presently 68.70%.

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.