VICI Properties (NYSE:VICI) Reaches New 12-Month Low – Should You Sell?

VICI Properties Inc. (NYSE:VICI) shares hit a new 52-week low during trading on Monday . The company traded as low as $25.81 and last traded at $25.8750, with a volume of 2313942 shares traded. The stock had previously closed at $26.36.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on VICI shares. Morgan Stanley reduced their price objective on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 8th. Barclays dropped their target price on VICI Properties from $34.00 to $31.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 22nd. Robert W. Baird set a $32.00 price target on shares of VICI Properties in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft set a $30.00 price target on shares of VICI Properties in a research report on Friday, July 31st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a research note on Wednesday, June 24th. Six research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, VICI Properties presently has a consensus rating of “Hold” and an average target price of $31.29.

VICI Properties Trading Down 0.0%

The firm has a market cap of $28.58 billion, a price-to-earnings ratio of 10.06 and a beta of 0.65. The company has a fifty day moving average price of $26.70 and a 200-day moving average price of $27.87. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.57.

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

VICI Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 6.9%. The ex-dividend date was Thursday, June 18th. VICI Properties’s dividend payout ratio is currently 69.77%.

Institutional Investors Weigh In On VICI Properties

Hedge funds and other institutional investors have recently made changes to their positions in the company. State of Wyoming purchased a new position in shares of VICI Properties during the 2nd quarter valued at approximately $26,000. Headlands Technologies LLC purchased a new stake in VICI Properties during the second quarter worth $28,000. Bayban acquired a new stake in VICI Properties during the fourth quarter valued at $25,000. Dynamic Wealth Strategies LLC acquired a new stake in VICI Properties during the first quarter valued at $25,000. Finally, BOKF NA acquired a new stake in VICI Properties during the third quarter valued at $30,000. Institutional investors and hedge funds 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.