FY2025 EPS Estimates for VICI Properties Reduced by Wedbush

VICI Properties Inc. (NYSE:VICI - Free Report) - Investment analysts at Wedbush dropped their FY2025 earnings estimates for shares of VICI Properties in a report released on Tuesday, November 5th. Wedbush analyst R. Anderson now anticipates that the company will earn $2.32 per share for the year, down from their prior forecast of $2.33. The consensus estimate for VICI Properties' current full-year earnings is $2.26 per share.

Other research analysts have also issued reports about the stock. Evercore ISI upped their price objective on shares of VICI Properties from $36.00 to $37.00 and gave the stock an "outperform" rating in a report on Monday, September 16th. Wells Fargo & Company restated an "overweight" rating and issued a $36.00 price objective (up from $33.00) on shares of VICI Properties in a report on Tuesday, October 1st. Finally, JMP Securities upped their price objective on shares of VICI Properties from $34.00 to $35.00 and gave the stock a "market outperform" rating in a report on Friday, November 1st. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $34.11.

VICI Properties Trading Down 2.9 %

NYSE:VICI traded down $0.93 during midday trading on Wednesday, reaching $31.11. 9,268,258 shares of the stock traded hands, compared to its average volume of 5,709,703. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. VICI Properties has a 12 month low of $27.08 and a 12 month high of $34.29. The stock has a market capitalization of $32.80 billion, a P/E ratio of 11.52, a PEG ratio of 4.98 and a beta of 0.94. The company has a fifty day moving average of $32.89 and a 200 day moving average of $30.76.

Institutional Trading of VICI Properties

Institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC grew its position in VICI Properties by 671.3% during the 1st quarter. SG Americas Securities LLC now owns 721,523 shares of the company's stock valued at $21,494,000 after purchasing an additional 627,979 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of VICI Properties by 15.1% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,882,494 shares of the company's stock valued at $56,079,000 after acquiring an additional 246,983 shares during the last quarter. Intech Investment Management LLC boosted its holdings in shares of VICI Properties by 115.9% during the 1st quarter. Intech Investment Management LLC now owns 31,344 shares of the company's stock valued at $934,000 after acquiring an additional 16,824 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its holdings in shares of VICI Properties by 14.0% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 484,628 shares of the company's stock valued at $14,437,000 after acquiring an additional 59,613 shares during the last quarter. Finally, Handelsbanken Fonder AB boosted its holdings in shares of VICI Properties by 8.8% during the 3rd quarter. Handelsbanken Fonder AB now owns 593,852 shares of the company's stock valued at $19,781,000 after acquiring an additional 47,953 shares during the last quarter. 97.71% of the stock is owned by hedge funds and other institutional investors.

VICI Properties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 18th were paid a $0.4325 dividend. This represents a $1.73 annualized dividend and a dividend yield of 5.56%. This is a positive change from VICI Properties's previous quarterly dividend of $0.42. The ex-dividend date of this dividend was Wednesday, September 18th. VICI Properties's dividend payout ratio (DPR) is presently 64.07%.

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.