VICI Properties (NYSE:VICI – Free Report) had its target price decreased by Scotiabank from $29.00 to $26.00 in a report issued on Thursday morning, Marketbeat reports. Scotiabank currently has a sector perform rating on the stock.
Other research analysts also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft set a $30.00 target price on shares of VICI Properties in a report on Friday, July 31st. Evercore set a $30.00 target price on shares of VICI Properties in a report on Monday, September 21st. Robert W. Baird set a $32.00 target price on shares of VICI Properties in a report on Thursday, July 30th. Royal Bank Of Canada assumed coverage on VICI Properties in a research note on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 price objective for the company. Finally, Raymond James Financial set a $29.00 target price on VICI Properties in a report on Thursday, August 13th. Five equities research 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, the stock currently has a consensus rating of “Hold” and a consensus price target of $29.93.
Get Our Latest Research Report on VICI Properties
VICI Properties Price Performance
VICI Properties (NYSE:VICI – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.09). The firm had revenue of $1.06 billion for 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%. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.60 earnings per share. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. On average, equities analysts anticipate that VICI Properties will post 2.47 EPS for the current year.
VICI Properties Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Thursday, September 17th will be issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 7.8%. The ex-dividend date is Thursday, September 17th. This is an increase from VICI Properties’s previous quarterly dividend of $0.45. VICI Properties’s dividend payout ratio (DPR) is 71.32%.
Institutional Investors Weigh In On VICI Properties
Several hedge funds have recently made changes to their positions in the company. Bayban bought a new stake in shares of VICI Properties in the fourth quarter valued at about $25,000. Dynamic Wealth Strategies LLC purchased a new stake in VICI Properties in the first quarter worth about $25,000. Evolution Wealth Management Inc. bought a new stake in shares of VICI Properties in the 4th quarter valued at about $28,000. Reflection Asset Management purchased a new stake in shares of VICI Properties in the 4th quarter worth approximately $29,000. Finally, Sarver Vrooman Wealth Advisors purchased a new stake in shares of VICI Properties in the 4th quarter worth approximately $33,000. 97.71% of the stock is currently owned by hedge funds and other institutional investors.
Key Headlines Impacting VICI Properties
Here are the key news stories impacting VICI Properties this week:
- Positive Sentiment: VICI’s income appeal remains a key support. A recent income-investing article highlights high-yield, financially established stocks that can provide substantial monthly passive income, a theme that may attract dividend-focused investors to VICI’s casino real-estate portfolio. This Is All You Need to Earn Over $500 a Month From 3 Strong Buy Stocks
- Neutral Sentiment: JPMorgan downgraded VICI from “overweight” to “neutral,” but assigned a $30 price target—well above the recent trading level. The target indicates analysts still see potential upside, though JPMorgan’s more cautious rating could limit near-term enthusiasm. JP Morgan Downgrades VICI Properties to Neutral from Overweight
- Negative Sentiment: Scotiabank reduced its price target from $29 to $26 while maintaining a “sector perform” rating, reflecting more limited expected returns and a cautious view of the real-estate sector. Scotiabank Adjusts VICI Properties Price Target
- Negative Sentiment: Recent coverage emphasizes that VICI reached a 52-week low after quarterly EPS missed consensus expectations. Although revenue exceeded estimates and rose year over year, the earnings shortfall has increased concerns about operating performance and valuation support. VICI Properties Stock Falls to a 52-Week Low as EPS Misses
About VICI Properties
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.
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