FY2025 EPS Estimates for VICI Properties Reduced by Wedbush

VICI Properties Inc. (NYSE:VICI) – Investment analysts at Wedbush decreased their FY2025 earnings per share estimates for shares of VICI Properties in a research note issued to investors on Tuesday, November 5th. Wedbush analyst R. Anderson now expects that the company will earn $2.32 per share for the year, down from their prior estimate of $2.33. The consensus estimate for VICI Properties’ current full-year earnings is $2.26 per share.

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

VICI Properties Price Performance

VICI Properties stock opened at $30.92 on Wednesday. The stock has a 50-day moving average price of $32.84 and a two-hundred day moving average price of $30.77. VICI Properties has a 12 month low of $27.08 and a 12 month high of $34.29. The company has a market capitalization of $32.59 billion, a PE ratio of 11.45, a P/E/G ratio of 4.98 and a beta of 0.94. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63.

Institutional Investors Weigh In On VICI Properties

A number of hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC boosted its stake in VICI Properties by 671.3% during the first quarter. SG Americas Securities LLC now owns 721,523 shares of the company’s stock worth $21,494,000 after acquiring an additional 627,979 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in VICI Properties by 15.1% in 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 buying an additional 246,983 shares in the last quarter. Intech Investment Management LLC grew its stake in VICI Properties by 115.9% in the first 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 period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in shares of VICI Properties by 14.0% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 484,628 shares of the company’s stock worth $14,437,000 after purchasing an additional 59,613 shares in the last quarter. Finally, Handelsbanken Fonder AB increased its stake in 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 purchasing an additional 47,953 shares in the last quarter. 97.71% of the stock is currently owned by institutional investors.

VICI Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 18th were paid a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.60%. This is an increase from VICI Properties’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend was Wednesday, September 18th. VICI Properties’s payout ratio is currently 64.07%.

VICI Properties Company Profile

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.