VICI Properties (NYSE:VICI – Get Free Report) updated its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 2.470-2.480 for the period, compared to the consensus estimate of 2.470.
Wall Street Analyst Weigh In
Several research firms recently commented on VICI. Barclays lowered their target price on VICI Properties from $31.00 to $28.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 20th. Mizuho decreased their target price on VICI Properties from $30.00 to $27.00 and set a “neutral” rating for the company in a research report on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft set a $30.00 price objective on VICI Properties in a report on Friday, July 31st. Cantor Fitzgerald lowered their target price on shares of VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a research report on Monday, August 10th. Finally, Raymond James Financial set a $29.00 price objective on VICI Properties in a research note on Thursday, August 13th. Eight research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, VICI Properties currently has an average rating of “Moderate Buy” and a consensus price target of $29.61.
Check Out Our Latest Report on VICI Properties
VICI Properties Price Performance
VICI Properties stock traded down $0.10 during trading hours on Friday, hitting $24.43. 2,908,125 shares of the stock were exchanged, compared to its average volume of 9,564,240. The business’s 50-day moving average is $24.20 and its two-hundred day moving average is $26.98. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.98 and a current ratio of 1.98. VICI Properties has a 12 month low of $22.42 and a 12 month high of $30.83. The stock has a market capitalization of $26.89 billion, a P/E ratio of 11.20 and a beta of 0.65.
VICI Properties (NYSE:VICI – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by ($0.41). The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.06 billion. VICI Properties had a return on equity of 8.14% and a net margin of 56.46%. The firm’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter last year, the company earned $0.60 EPS. Equities research analysts expect that VICI Properties will post 2.47 EPS for the current fiscal year.
VICI Properties Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Thursday, September 17th were given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 7.5%. The ex-dividend date was Thursday, September 17th. This is an increase from VICI Properties’s previous quarterly dividend of $0.45. VICI Properties’s dividend payout ratio is presently 84.40%.
Key Stories Impacting VICI Properties
Here are the key news stories impacting VICI Properties this week:
- Positive Sentiment: Share repurchase authorization: VICI approved a $2 billion buyback, potentially representing approximately 7.7% of shares outstanding. Management can use the program to repurchase stock at what analysts view as a discount to intrinsic value, supporting future AFFO per share. VICI Properties reports third-quarter results and announces buyback
- Positive Sentiment: Operating performance remained resilient: Third-quarter revenue rose 5.8% year over year to approximately $1.07 billion, exceeding estimates. AFFO was about $0.62 per share, in line with consensus and up from $0.60 a year earlier, helped by lease growth and strong occupancy. VICI Properties Q3 FFO and revenue results
- Positive Sentiment: Full-year outlook was maintained or modestly improved: VICI updated 2026 EPS guidance to $2.470–$2.480, compared with a $2.470 consensus estimate. Management also highlighted approximately 4.3% AFFO-per-share growth and a lower payout ratio, which leaves more cash available for buybacks and balance-sheet management. VICI Properties Q3 AFFO and revenue results
- Neutral Sentiment: Valuation and leverage provide support but are not immediate catalysts: Commentary characterized VICI as trading below estimated fair value, while leverage remained within management’s 5.0x–5.5x target range. However, broader real-estate market headwinds may continue to limit multiple expansion. VICI Properties buyback analysis
- Negative Sentiment: Reported earnings declined sharply: GAAP EPS was $0.31, well below the $0.72 consensus estimate and below the $0.60 reported a year earlier. Rising expenses and a $458 million increase in the credit-loss allowance, much of it related to Caesars, raised concerns despite having no direct impact on AFFO or the dividend. VICI Properties earnings and Caesars uncertainty
VICI Properties Company Profile
VICI Properties Inc (NYSE:VICI) is a real estate investment trust that owns and manages experiential properties, with a primary focus on gaming, hospitality and entertainment destinations. The company’s portfolio includes the real estate associated with well-known casinos, resorts, racetracks and golf facilities.
VICI generally leases its properties to gaming and entertainment operators through long-term, triple-net lease agreements. Its tenants operate the properties and are typically responsible for property-level expenses such as maintenance, insurance and taxes, while VICI focuses on owning, maintaining and expanding its real estate portfolio.
The company was established in 2017 as part of the restructuring of Caesars Entertainment Operating Company.
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