VICI Properties (NYSE:VICI) Releases Earnings Results, Misses Expectations By $0.23 EPS

VICI Properties (NYSE:VICI) posted its earnings results on Wednesday. The company reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.23), FiscalAI reports. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The company had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.04 billion. VICI Properties updated its FY 2026 guidance to 2.450-2.470 EPS.

VICI Properties Stock Performance

Shares of VICI Properties stock traded up $0.03 during trading on Wednesday, hitting $27.13. 8,462,595 shares of the stock were exchanged, compared to its average volume of 9,355,362. VICI Properties has a 12 month low of $25.82 and a 12 month high of $34.01. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62. The stock has a market cap of $29.00 billion, a PE ratio of 9.29 and a beta of 0.65. The stock’s fifty day moving average is $27.21 and its 200 day moving average is $28.08.

VICI Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were given a dividend of $0.45 per share. The ex-dividend date was Thursday, June 18th. This represents a $1.80 annualized dividend and a dividend yield of 6.6%. VICI Properties’s dividend payout ratio is currently 61.64%.

Institutional Trading of VICI Properties

Hedge funds have recently added to or reduced their stakes in the business. Flow Traders U.S. LLC acquired a new position in VICI Properties during the 3rd quarter valued at about $231,000. Quarry LP boosted its holdings in shares of VICI Properties by 40.1% in the fourth quarter. Quarry LP now owns 6,728 shares of the company’s stock valued at $189,000 after acquiring an additional 1,926 shares in the last quarter. Advisory Services Network LLC acquired a new stake in shares of VICI Properties in the third quarter valued at $182,000. Towarzystwo Funduszy Inwestycyjnych PZU SA grew its holdings in VICI Properties by 13.0% during the third quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 5,050 shares of the company’s stock worth $165,000 after acquiring an additional 580 shares during the period. Finally, MUFG Securities EMEA plc bought a new stake in VICI Properties in the second quarter worth about $101,000. Institutional investors own 97.71% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on VICI. Barclays dropped their price target on shares of VICI Properties from $34.00 to $31.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 22nd. Morgan Stanley dropped their price target on shares of VICI Properties from $38.00 to $31.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 8th. Scotiabank cut their price target on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a report on Thursday, June 18th. Royal Bank Of Canada began coverage on shares of VICI Properties in a research note on Thursday, June 25th. They set a “sector perform” rating and a $29.00 price objective on the stock. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research note on Wednesday, June 24th. Six analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, VICI Properties currently has a consensus rating of “Hold” and a consensus target price of $31.77.

About VICI Properties

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.