Analysts Issue Forecasts for VICI Properties FY2025 Earnings

VICI Properties Inc. (NYSE:VICI) – Analysts at Wedbush boosted their FY2025 earnings estimates for VICI Properties in a research report issued to clients and investors on Wednesday, February 26th. Wedbush analyst R. Anderson now expects that the company will earn $2.33 per share for the year, up from their previous forecast of $2.32. Wedbush has a “Hold” rating on the stock. The consensus estimate for VICI Properties’ current full-year earnings is $2.31 per share. Wedbush also issued estimates for VICI Properties’ FY2026 earnings at $2.40 EPS.

Several other equities research analysts have also issued reports on VICI. Stifel Nicolaus boosted their price target on shares of VICI Properties from $33.75 to $34.00 and gave the company a “buy” rating in a report on Friday, February 21st. KeyCorp reiterated a “sector weight” rating on shares of VICI Properties in a research report on Tuesday, December 17th. Mizuho lowered their target price on VICI Properties from $33.00 to $30.00 and set an “outperform” rating for the company in a research note on Wednesday, January 8th. JMP Securities reissued a “market outperform” rating and set a $35.00 price target on shares of VICI Properties in a research note on Monday, January 27th. Finally, Truist Financial reduced their price objective on shares of VICI Properties from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $34.20.

VICI Properties Trading Down 0.2 %

Shares of VICI opened at $32.32 on Thursday. The firm has a market capitalization of $34.14 billion, a price-to-earnings ratio of 12.62, a P/E/G ratio of 3.88 and a beta of 0.95. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. VICI Properties has a 12-month low of $27.08 and a 12-month high of $34.29. The stock’s 50-day moving average price is $29.81 and its 200 day moving average price is $31.46.

VICI Properties (NYSE:VICI) last released its earnings results on Thursday, February 20th. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.10). VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. The business had revenue of $976.05 million during the quarter, compared to analyst estimates of $969.29 million.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. International Assets Investment Management LLC grew its position in shares of VICI Properties by 4,877.4% in the 3rd quarter. International Assets Investment Management LLC now owns 247,427 shares of the company’s stock valued at $8,242,000 after purchasing an additional 242,456 shares during the period. Assenagon Asset Management S.A. boosted its stake in VICI Properties by 15.3% in the 3rd quarter. Assenagon Asset Management S.A. now owns 29,188 shares of the company’s stock worth $972,000 after purchasing an additional 3,864 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in VICI Properties by 27.7% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 129,287 shares of the company’s stock worth $4,282,000 after purchasing an additional 28,063 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of VICI Properties by 39.6% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 98,594 shares of the company’s stock valued at $3,284,000 after purchasing an additional 27,962 shares during the period. Finally, Pathway Financial Advisers LLC raised its position in VICI Properties by 13.2% in the 3rd quarter. Pathway Financial Advisers LLC now owns 93,843 shares of the company’s stock valued at $3,126,000 after buying an additional 10,923 shares during the last quarter. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Tuesday, December 17th were paid a dividend of $0.4325 per share. This represents a $1.73 annualized dividend and a yield of 5.35%. The ex-dividend date was Tuesday, December 17th. VICI Properties’s payout ratio is presently 67.58%.

About VICI Properties

VICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.