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

Posted by Stanley Muller on Sep 24th, 2026

VICI Properties Inc. (NYSE:VICI – Get Free Report)’s share price was down 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. 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.

VICI has been the topic of several other research reports. Royal Bank Of Canada started coverage on VICI Properties in a research note on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 price objective on the stock. Deutsche Bank Aktiengesellschaft set a $30.00 target price on VICI Properties in a research report on Friday, July 31st. Cantor Fitzgerald dropped their price target on VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a research report on Monday, August 10th. Robert W. Baird set a $32.00 price target on VICI Properties in a research note on Thursday, July 30th. Finally, Weiss Ratings lowered 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 company’s stock. According to MarketBeat.com, VICI Properties currently has a consensus rating of “Hold” and an average target price of $29.93.

Read Our Latest Stock Report on VICI

VICI Properties News Summary

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 Investors Weigh In On VICI Properties

A number of hedge funds and other institutional investors have recently bought and sold shares of VICI. BlackRock Inc. bought a new position in shares of VICI Properties in the second quarter worth $3,433,817,000. Bank of America Corp DE purchased a new stake in VICI Properties during the 2nd quarter worth about $778,709,000. Norges Bank bought a new position in VICI Properties in the 4th quarter worth about $537,676,000. Legal & General Group Plc bought a new position in VICI Properties in the 2nd quarter worth about $366,514,000. Finally, Man Group plc purchased a new position in VICI Properties during the 2nd quarter valued at about $318,249,000. Institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Down 1.9%

The stock has a fifty day simple moving average of $25.88 and a two-hundred day simple moving average of $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 current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.57.

VICI Properties (NYSE:VICI – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, missing analysts’ consensus estimates 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 net margin of 67.50% and a return on equity of 9.66%. VICI Properties’s revenue was up 5.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.60 earnings per share. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. As a group, sell-side analysts expect that VICI Properties Inc. will post 2.47 EPS for the current fiscal year.

VICI Properties Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Thursday, September 17th will be issued a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 7.9%. The ex-dividend date of this dividend is Thursday, September 17th. This is a positive change from VICI Properties’s previous quarterly dividend of $0.45. VICI Properties’s payout ratio is 71.32%.

VICI Properties Company Profile

(Get Free Report)

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.