Mizuho Lowers VICI Properties (NYSE:VICI) Price Target to $27.00

VICI Properties (NYSE:VICI) had its price objective dropped by analysts at Mizuho from $30.00 to $27.00 in a research note issued on Wednesday, Benzinga reports. The firm presently has a “neutral” rating on the stock. Mizuho’s price objective would indicate a potential upside of 6.13% from the stock’s previous close.

A number of other equities analysts also recently issued reports on the company. Robert W. Baird set a $32.00 price objective on VICI Properties in a report on Thursday, July 30th. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research report on Wednesday, June 24th. Raymond James Financial set a $29.00 price target on VICI Properties in a research note on Thursday, August 13th. Scotiabank cut their target price on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research note on Thursday, June 18th. Finally, Deutsche Bank Aktiengesellschaft set a $30.00 price target on VICI Properties in a research report on Friday, July 31st. Six analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, VICI Properties currently has a consensus rating of “Hold” and an average target price of $31.00.

VICI Properties Stock Performance

VICI Properties stock opened at $25.44 on Wednesday. The stock’s 50 day simple moving average is $26.46 and its two-hundred day simple moving average is $27.70. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.98 and a current ratio of 1.98. The stock has a market cap of $28.01 billion, a price-to-earnings ratio of 9.84 and a beta of 0.65. VICI Properties has a fifty-two week low of $25.46 and a fifty-two week high of $33.83.

VICI Properties (NYSE:VICI) last announced 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). The firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.04 billion. VICI Properties had a return on equity of 9.66% and a net margin of 67.50%.The firm’s revenue was up 5.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.60 EPS. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. As a group, analysts expect that VICI Properties will post 2.46 earnings per share for the current fiscal year.

Institutional Trading of VICI Properties

A number of large investors have recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in VICI Properties in the 2nd quarter worth approximately $3,433,817,000. California State Teachers Retirement System lifted its holdings in shares of VICI Properties by 2,482.5% during the 2nd quarter. California State Teachers Retirement System now owns 47,561,405 shares of the company’s stock valued at $1,262,755,000 after buying an additional 45,719,695 shares during the period. Bank of America Corp DE purchased a new position in shares of VICI Properties in the 2nd quarter worth $778,709,000. Norges Bank purchased a new position in shares of VICI Properties in the 4th quarter worth $537,676,000. Finally, Legal & General Group Plc bought a new stake in shares of VICI Properties in the second quarter worth $366,514,000. 97.71% of the stock is currently 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.