VICI Properties (NYSE:VICI) Shares Down 1.9% Following Analyst Downgrade

VICI Properties Inc. (NYSE:VICI) dropped 1.9% during trading on Thursday after Scotiabank lowered their price target on the stock from $29.00 to $26.00. Scotiabank currently has a sector perform rating on the stock. VICI Properties traded as low as $23.18 and last traded at $23.2550. Approximately 12,111,267 shares traded hands during trading, an increase of 27% from the average daily volume of 9,564,267 shares. The stock had previously closed at $23.70.

Other research analysts also recently issued research reports about the company. Wells Fargo & Company decreased their price objective on VICI Properties from $27.00 to $26.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 1st. Morgan Stanley cut their target price on shares of VICI Properties from $31.00 to $29.00 and set an “equal weight” rating on the stock in a research note on Tuesday, September 15th. Raymond James Financial set a $29.00 price target on shares of VICI Properties in a research report on Thursday, August 13th. Robert W. Baird set a $32.00 price target on shares of VICI Properties in a research note on Thursday, July 30th. Finally, Weiss Ratings lowered shares of VICI Properties from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, September 9th. Five analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $29.93.

VICI Properties News Roundup

Here are the key news stories impacting VICI Properties this week:

• Positive Sentiment: JPMorgan reaffirmed its neutral rating but set a $30 price target, implying substantial potential upside from recent levels. The target suggests JPMorgan sees valuation support despite near-term concerns. JPMorgan VICI rating and price target
• Positive Sentiment: VICI’s high dividend yield remains an attraction for income-focused investors. The company’s casino real-estate portfolio and long-term leases support the stock’s appeal as a defensive, income-oriented holding. High-dividend S&P 500 stocks
• Neutral Sentiment: Scotiabank maintained its sector perform rating and still sees some upside, but its price target was reduced from $29 to $26, reflecting more limited expectations for near-term appreciation. Scotiabank lowers VICI price target
• Negative Sentiment: VICI’s latest quarterly EPS of $0.62 missed the $0.71 analyst consensus, despite revenue of $1.06 billion exceeding expectations and rising 5.7% year over year. The earnings miss appears to be the primary catalyst behind the stock’s retreat toward its 52-week low. VICI EPS miss and 52-week low
• Negative Sentiment: Shares have underperformed the broader market and remain below key moving averages, signaling weak momentum. Investors are also weighing the reduced Scotiabank target and the company’s 2026 EPS guidance of $2.45–$2.47.

Institutional Trading of VICI Properties

A number of hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. bought a new position in shares of VICI Properties in the 2nd quarter worth about $3,433,817,000. Bank of America Corp DE purchased a new position in VICI Properties during the 2nd quarter valued at about $778,709,000. Norges Bank bought a new stake in VICI Properties during the fourth quarter worth about $537,676,000. Legal & General Group Plc bought a new stake in VICI Properties during the second quarter worth about $366,514,000. Finally, Man Group plc purchased a new stake in VICI Properties in the second quarter worth about $318,249,000. 97.71% of the stock is owned by hedge funds and other institutional investors.

VICI Properties Trading Down 1.9%

The stock’s fifty day simple moving average is $25.88 and its two-hundred day simple moving average is $27.12. The firm has a market cap of $25.61 billion, a PE ratio of 9.01 and a beta of 0.65. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.57.

VICI Properties (NYSE:VICI) last released its earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.09). VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. The business had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the previous year, the business posted $0.60 earnings per share. VICI Properties’s revenue for the quarter was up 5.7% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. On average, sell-side analysts forecast that VICI Properties Inc. will post 2.47 EPS for the current fiscal year.

VICI Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Thursday, September 17th will be paid a dividend of $0.46 per share. The ex-dividend date is Thursday, September 17th. This is a positive change from VICI Properties’s previous quarterly dividend of $0.45. This represents a $1.84 dividend on an annualized basis and a yield of 7.9%. VICI Properties’s dividend payout ratio (DPR) is presently 71.32%.

About VICI Properties

VICI Properties, Inc (NYSE: VICI) is a real estate investment trust focused on experiential properties, particularly gaming, hospitality and entertainment destinations. The company owns the real estate associated with properties such as casinos, resorts and golf facilities, while operating partners manage the day-to-day businesses.

VICI’s portfolio includes prominent gaming and resort assets in Las Vegas and regional markets throughout the United States, as well as properties in Canada.