Wedbush Equities Analysts Raise Earnings Estimates for VICI Properties Inc. (NYSE:VICI)

VICI Properties Inc. (NYSE:VICI) – Investment analysts at Wedbush lifted their FY2025 earnings per share (EPS) estimates for shares of VICI Properties in a report released on Monday, May 6th. Wedbush analyst R. Anderson now anticipates that the company will post earnings per share of $2.34 for the year, up from their previous estimate of $2.33. The consensus estimate for VICI Properties’ current full-year earnings is $2.25 per share.

Other equities research analysts have also recently issued reports about the company. Wells Fargo & Company lowered their price objective on VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a report on Wednesday, March 6th. Morgan Stanley raised their target price on shares of VICI Properties from $32.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Monday, March 18th. Finally, Mizuho decreased their target price on shares of VICI Properties from $34.00 to $31.00 and set a “buy” rating on the stock in a research note on Thursday, March 7th. Three investment 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 has an average rating of “Moderate Buy” and an average target price of $34.10.

VICI Properties Price Performance

NYSE:VICI opened at $29.26 on Wednesday. VICI Properties has a 52 week low of $26.63 and a 52 week high of $33.40. The company has a quick ratio of 2.97, a current ratio of 2.97 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $30.52 billion, a PE ratio of 11.57, a price-to-earnings-growth ratio of 6.47 and a beta of 0.90. The stock’s 50-day moving average price is $28.91 and its 200-day moving average price is $29.61.

VICI Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 4th. Shareholders of record on Thursday, March 21st were paid a $0.415 dividend. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $1.66 annualized dividend and a yield of 5.67%. VICI Properties’s dividend payout ratio is currently 65.61%.

Insider Buying and Selling at VICI Properties

In related news, Director James R. Abrahamson purchased 3,000 shares of the company’s stock in a transaction on Thursday, March 14th. The shares were bought at an average cost of $28.85 per share, for a total transaction of $86,550.00. Following the completion of the purchase, the director now directly owns 139,342 shares of the company’s stock, valued at approximately $4,020,016.70. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.25% of the stock is currently owned by insiders.

Institutional Investors Weigh In On VICI Properties

Large investors have recently modified their holdings of the company. Sheaff Brock Investment Advisors LLC lifted its holdings in shares of VICI Properties by 0.8% during the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 44,565 shares of the company’s stock worth $1,421,000 after purchasing an additional 355 shares during the period. Avantax Advisory Services Inc. lifted its holdings in shares of VICI Properties by 5.2% during the third quarter. Avantax Advisory Services Inc. now owns 7,877 shares of the company’s stock worth $229,000 after purchasing an additional 387 shares during the period. Bard Associates Inc. lifted its holdings in VICI Properties by 0.5% in the fourth quarter. Bard Associates Inc. now owns 79,612 shares of the company’s stock valued at $2,570,000 after acquiring an additional 395 shares during the period. Schnieders Capital Management LLC lifted its holdings in VICI Properties by 0.8% in the fourth quarter. Schnieders Capital Management LLC now owns 51,843 shares of the company’s stock valued at $1,653,000 after acquiring an additional 406 shares during the period. Finally, Bell Investment Advisors Inc lifted its holdings in VICI Properties by 77.7% in the third quarter. Bell Investment Advisors Inc now owns 938 shares of the company’s stock valued at $27,000 after acquiring an additional 410 shares during the period. 97.71% of the stock is owned by institutional investors and hedge funds.

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.