VICI Properties Inc. (NYSE:VICI) Given Consensus Rating of “Moderate Buy” by Analysts

VICI Properties Inc. (NYSE:VICI) has received an average recommendation of “Moderate Buy” from the eleven ratings firms that are currently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $35.18.

A number of research analysts have recently commented on VICI shares. Mizuho increased their target price on VICI Properties from $30.00 to $34.00 and gave the company an “outperform” rating in a research report on Thursday, April 3rd. Barclays increased their target price on VICI Properties from $35.00 to $36.00 and gave the company an “overweight” rating in a research report on Tuesday, March 4th. Stifel Nicolaus increased their price objective on shares of VICI Properties from $34.25 to $34.75 and gave the company a “buy” rating in a research report on Thursday, May 1st. Robert W. Baird increased their price objective on shares of VICI Properties from $35.00 to $36.00 and gave the company an “outperform” rating in a research report on Thursday, May 1st. Finally, Truist Financial increased their price target on shares of VICI Properties from $35.00 to $38.00 and gave the company a “buy” rating in a report on Wednesday, April 23rd.

Institutional Trading of VICI Properties

Institutional investors have recently added to or reduced their stakes in the company. Wayfinding Financial LLC bought a new stake in VICI Properties in the first quarter worth about $29,000. Transce3nd LLC bought a new stake in shares of VICI Properties during the 4th quarter worth approximately $28,000. AdvisorNet Financial Inc lifted its stake in shares of VICI Properties by 362.2% during the 1st quarter. AdvisorNet Financial Inc now owns 1,003 shares of the company’s stock worth $33,000 after acquiring an additional 786 shares during the last quarter. CoreCap Advisors LLC lifted its stake in shares of VICI Properties by 5,555.6% during the 4th quarter. CoreCap Advisors LLC now owns 1,018 shares of the company’s stock worth $30,000 after acquiring an additional 1,000 shares during the last quarter. Finally, Avalon Trust Co bought a new stake in shares of VICI Properties during the first quarter worth $35,000. Institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Up 0.1%

VICI opened at $31.76 on Tuesday. The firm has a 50-day simple moving average of $31.64 and a two-hundred day simple moving average of $31.06. VICI Properties has a 52 week low of $27.53 and a 52 week high of $34.29. The company has a market capitalization of $33.56 billion, a PE ratio of 12.40, a price-to-earnings-growth ratio of 3.88 and a beta of 0.74. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63.

VICI Properties (NYSE:VICI) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.58 EPS for the quarter, meeting analysts’ consensus estimates of $0.58. VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. The company had revenue of $984.20 million during the quarter, compared to analyst estimates of $976.51 million. During the same period in the prior year, the company earned $0.56 earnings per share. The firm’s revenue was up 3.4% on a year-over-year basis. Analysts forecast that VICI Properties will post 2.31 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th were issued a $0.4325 dividend. The ex-dividend date was Thursday, March 20th. This represents a $1.73 annualized dividend and a dividend yield of 5.45%. VICI Properties’s dividend payout ratio (DPR) is presently 69.20%.

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.