Bank of America Corp DE increased its position in shares of VICI Properties Inc. (NYSE:VICI – Free Report) by 2.7% during the 1st quarter, HoldingsChannel.com reports. The firm owned 27,948,502 shares of the company’s stock after purchasing an additional 734,068 shares during the period. Bank of America Corp DE’s holdings in VICI Properties were worth $763,553,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also recently added to or reduced their stakes in VICI. Bayban bought a new position in shares of VICI Properties in the 4th quarter worth about $25,000. Dynamic Wealth Strategies LLC bought a new stake in shares of VICI Properties during the 1st quarter valued at about $25,000. State of Wyoming bought a new stake in shares of VICI Properties during the 2nd quarter valued at about $26,000. Evolution Wealth Management Inc. acquired a new stake in VICI Properties during the fourth quarter worth about $28,000. Finally, Headlands Technologies LLC acquired a new stake in VICI Properties during the second quarter worth about $28,000. Institutional investors and hedge funds own 97.71% of the company’s stock.
Wall Street Analyst Weigh In
VICI has been the subject of a number of research reports. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a research note on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft set a $30.00 price target on VICI Properties in a research report on Friday. Scotiabank reduced their price objective on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a research report on Thursday, June 18th. Barclays lowered their price objective on VICI Properties from $34.00 to $31.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. Finally, Morgan Stanley cut their target price on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 8th. Six investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $31.54.
VICI Properties Stock Up 0.3%
VICI opened at $26.39 on Friday. VICI Properties Inc. has a 12 month low of $25.82 and a 12 month high of $34.01. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.98 and a quick ratio of 3.62. The stock has a market cap of $29.06 billion, a P/E ratio of 10.23 and a beta of 0.65. The stock’s 50 day moving average price is $27.10 and its 200 day moving average price is $28.05.
VICI Properties (NYSE:VICI – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.11. The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.01 billion. VICI Properties had a return on equity of 9.66% and a net margin of 67.50%.The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.58 earnings per share. As a group, research analysts predict that VICI Properties Inc. will post 2.46 earnings per share for the current year.
VICI Properties Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 18th were issued a $0.45 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $1.80 annualized dividend and a yield of 6.8%. VICI Properties’s dividend payout ratio is presently 69.77%.
Key Stories Impacting VICI Properties
Here are the key news stories impacting VICI Properties this week:
- Positive Sentiment: Raised AFFO outlook: VICI now expects 2026 AFFO of approximately $2.45–$2.47 per share, with management raising the low end of its prior range. The outlook reflects lease growth, relationship-driven investments and continued capital deployment. VICI Properties Q2 Earnings Call Highlights AFFO Outlook Raise
- Positive Sentiment: Revenue exceeded expectations: Second-quarter revenue rose to roughly $1.1 billion, supported by lease escalators, acquisitions and broader investment activity. Quarterly FFO was $0.62 per share, up from $0.60 a year earlier, while adjusted funds from operations met consensus estimates. VICI Properties’ Q2 FFO Meets Estimates, Revenues Beat on Lease Growth
- Positive Sentiment: New growth opportunities: VICI is funding a $75 million Club Med St. Croix build-to-suit project, adding another long-term real estate investment. The company is also partnering with a casino operator on a potential Las Vegas NBA arena, creating longer-term development optionality, though no final project commitment was reported. VICI signals 2026 AFFO and Club Med project
- Neutral Sentiment: Management emphasized tenant relationships, portfolio diversification and disciplined capital allocation. These initiatives support long-term growth but may take time to produce material earnings benefits. VICI Properties Q2 2026 Earnings Call Transcript
- Negative Sentiment: Limited earnings upside: FFO and AFFO generally met, rather than decisively exceeded, expectations, and some analysts said the revised 2026 guidance failed to impress. The stock remains below its 50-day and 200-day moving averages, reflecting ongoing valuation and interest-rate sensitivity. VICI’s Q2 earnings and updated guidance
About VICI Properties
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.
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