VICI Properties (NYSE:VICI) Issues Quarterly Earnings Results, Misses Expectations By $0.03 EPS

VICI Properties (NYSE:VICI) posted its quarterly earnings data on Wednesday. The company reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.03), FiscalAI reports. VICI Properties had a return on equity of 10.17% and a net margin of 70.18%.The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.01 billion. VICI Properties updated its FY 2026 guidance to 2.420-2.450 EPS.

VICI Properties Trading Down 0.1%

Shares of VICI Properties stock traded down $0.04 during mid-day trading on Wednesday, hitting $30.24. The stock had a trading volume of 7,322,781 shares, compared to its average volume of 10,222,479. The firm has a 50-day moving average of $28.53 and a two-hundred day moving average of $30.23. The firm has a market cap of $32.32 billion, a P/E ratio of 11.54, a price-to-earnings-growth ratio of 3.01 and a beta of 0.70. The company has a quick ratio of 3.60, a current ratio of 3.60 and a debt-to-equity ratio of 0.60. VICI Properties has a 12-month low of $27.48 and a 12-month high of $34.03.

VICI Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Wednesday, December 17th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 6.0%. The ex-dividend date was Wednesday, December 17th. VICI Properties’s payout ratio is presently 68.70%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of VICI Properties by 31,134.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,218,191 shares of the company’s stock valued at $287,336,000 after purchasing an additional 10,185,477 shares during the last quarter. Voloridge Investment Management LLC raised its holdings in VICI Properties by 247.8% in the 4th quarter. Voloridge Investment Management LLC now owns 7,792,028 shares of the company’s stock valued at $219,112,000 after buying an additional 5,551,620 shares during the period. UBS Group AG lifted its position in VICI Properties by 99.5% in the third quarter. UBS Group AG now owns 9,656,111 shares of the company’s stock valued at $314,886,000 after buying an additional 4,815,053 shares during the last quarter. State Street Corp boosted its stake in VICI Properties by 4.8% during the third quarter. State Street Corp now owns 62,538,927 shares of the company’s stock worth $2,065,862,000 after buying an additional 2,844,265 shares during the period. Finally, Northern Trust Corp increased its position in shares of VICI Properties by 19.4% during the third quarter. Northern Trust Corp now owns 16,347,424 shares of the company’s stock valued at $533,089,000 after acquiring an additional 2,655,916 shares during the last quarter. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on VICI shares. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $32.00 price target (down from $36.00) on shares of VICI Properties in a research note on Tuesday, November 18th. Evercore reissued an “in-line” rating and set a $32.00 target price (down from $36.00) on shares of VICI Properties in a report on Monday, December 1st. Barclays lowered their price target on VICI Properties from $37.00 to $33.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 3rd. Mizuho reduced their price objective on VICI Properties from $35.00 to $30.00 and set an “outperform” rating for the company in a research note on Wednesday, December 17th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research note on Monday, December 29th. Nine investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.85.

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.