VICI Properties (NYSE:VICI) Reaches New 1-Year Low – Time to Sell?

VICI Properties Inc. (NYSE:VICI)’s share price hit a new 52-week low on Thursday . The stock traded as low as $26.51 and last traded at $26.5950, with a volume of 4317508 shares. The stock had previously closed at $27.23.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Mizuho reaffirmed a “neutral” rating and issued a $30.00 price target on shares of VICI Properties in a report on Wednesday, March 11th. Barclays raised their price target on shares of VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Scotiabank lowered their target price on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a research note on Thursday. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a research report on Friday, March 27th. Finally, Robert W. Baird cut their price target on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research note on Monday, March 2nd. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, VICI Properties currently has a consensus rating of “Moderate Buy” and an average price target of $33.15.

VICI Properties Trading Down 2.1%

The company has a market capitalization of $28.49 billion, a P/E ratio of 9.13 and a beta of 0.65. The business has a fifty day moving average price of $28.26 and a 200 day moving average price of $28.39. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59.

VICI Properties (NYSE:VICI) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.11. The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.01 billion. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The business’s quarterly revenue was up 3.5% on a year-over-year basis. During the same period last year, the business earned $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, analysts expect that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.80 annualized dividend and a dividend yield of 6.8%. VICI Properties’s payout ratio is 61.64%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of VICI. NewEdge Advisors LLC raised its stake in VICI Properties by 204.4% in the 1st quarter. NewEdge Advisors LLC now owns 37,580 shares of the company’s stock valued at $1,226,000 after acquiring an additional 25,234 shares during the period. Woodline Partners LP boosted its holdings in shares of VICI Properties by 41.3% during the first quarter. Woodline Partners LP now owns 89,062 shares of the company’s stock worth $2,905,000 after acquiring an additional 26,017 shares during the period. Jump Financial LLC grew its position in shares of VICI Properties by 45.0% in the second quarter. Jump Financial LLC now owns 26,597 shares of the company’s stock valued at $867,000 after purchasing an additional 8,259 shares during the last quarter. Treasurer of the State of North Carolina lifted its holdings in VICI Properties by 96.0% during the 2nd quarter. Treasurer of the State of North Carolina now owns 976,778 shares of the company’s stock worth $31,843,000 after purchasing an additional 478,538 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in VICI Properties by 1.3% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 210,846 shares of the company’s stock valued at $6,860,000 after buying an additional 2,775 shares in the last quarter. Institutional investors own 97.71% of the company’s stock.

VICI Properties Company Profile

VICI Properties (NYSE: VICI) is a publicly traded real estate investment trust (REIT) that specializes in experiential real estate, with a primary focus on gaming, hospitality and entertainment assets. The company acquires, owns and manages a portfolio of destination properties and leases those assets to operators under long-term agreements, generating rental income and partnering on property development and capital projects. VICI was formed in connection with the restructuring of Caesars Entertainment and has since grown through acquisitions and strategic transactions to expand its footprint in the gaming and leisure sector.

The company’s portfolio is concentrated in major U.S.