VICI Properties (NYSE:VICI) Announces FY 2026 Earnings Guidance

VICI Properties (NYSE:VICI) issued an update on its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 2.470-2.480 for the period, compared to the consensus earnings per share estimate of 2.470.

VICI Properties Price Performance

Shares of VICI Properties stock opened at $24.48 on Friday. The company has a current ratio of 2.35, a quick ratio of 1.98 and a debt-to-equity ratio of 0.57. VICI Properties has a twelve month low of $22.42 and a twelve month high of $30.83. The business’s fifty day moving average price is $24.16 and its 200 day moving average price is $26.96. The stock has a market capitalization of $26.95 billion, a P/E ratio of 11.23 and a beta of 0.65.

VICI Properties (NYSE:VICI) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by ($0.41). The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.06 billion. VICI Properties had a net margin of 56.46% and a return on equity of 8.10%. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.60 EPS. As a group, research analysts anticipate that VICI Properties will post 2.47 earnings per share for the current year.

VICI Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Thursday, September 17th were paid a $0.46 dividend. The ex-dividend date was Thursday, September 17th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 7.5%. This is a positive change from VICI Properties’s previous quarterly dividend of $0.45. VICI Properties’s dividend payout ratio is currently 84.40%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Stifel Nicolaus dropped their price objective on VICI Properties from $34.00 to $30.75 and set a “buy” rating for the company in a report on Thursday. Cantor Fitzgerald lowered their target price on shares of VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. Deutsche Bank Aktiengesellschaft set a $30.00 price objective on shares of VICI Properties in a research report on Friday, July 31st. Barclays decreased their price target on VICI Properties from $31.00 to $28.00 and set an “overweight” rating for the company in a research note on Tuesday, October 20th. Finally, Citizens Jmp cut their price target on VICI Properties from $35.00 to $31.00 and set a “market outperform” rating on the stock in a report on Friday, October 2nd. Eight equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $29.61.

VICI Properties News Roundup

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

• Positive Sentiment: VICI authorized a $2 billion share buyback, equivalent to roughly 7.7% of its shares, which could support per-share growth and signal that management views the stock as undervalued. VICI Q3 Earnings Call Highlights: Buybacks and Caesars Lease Risks
• Positive Sentiment: Management raised fiscal 2026 guidance to $2.470-$2.480 in EPS, broadly matching the $2.470 consensus estimate. Adjusted funds from operations (AFFO) per share increased 4.3%, while third-quarter AFFO of $0.62 per share was reported as in line with estimates. VICI Properties Q3 FFO Meet Estimates, Revenues Beat on Lease Growth
• Positive Sentiment: Third-quarter revenue rose 5.8% year over year to approximately $1.07 billion, exceeding consensus expectations on continued lease growth. The shares also recently moved above their 50-day moving average, a potentially favorable short-term technical signal. VICI Recently Broke Out Above the 50-Day Moving Average
• Neutral Sentiment: The headline earnings picture was mixed: reported EPS of $0.31 declined from $0.60 a year earlier and missed the $0.72 consensus, while the more relevant REIT operating metric, AFFO, held up better. Higher expenses contributed to the discrepancy.
• Negative Sentiment: VICI recorded a roughly $458 million increase in its credit-loss allowance, much of it related to Caesars Entertainment. Investors remain concerned about Caesars’ refinancing needs, lease obligations and credit quality, creating uncertainty around VICI’s largest tenant exposure. Vici Properties Q3 Earnings Hampered by Market Headwinds, Caesars Lease Unknowns

About VICI Properties

VICI Properties Inc (NYSE:VICI) is a real estate investment trust that owns and manages experiential properties, with a primary focus on gaming, hospitality and entertainment destinations. The company’s portfolio includes the real estate associated with well-known casinos, resorts, racetracks and golf facilities.

VICI generally leases its properties to gaming and entertainment operators through long-term, triple-net lease agreements. Its tenants operate the properties and are typically responsible for property-level expenses such as maintenance, insurance and taxes, while VICI focuses on owning, maintaining and expanding its real estate portfolio.

The company was established in 2017 as part of the restructuring of Caesars Entertainment Operating Company.