VICI Properties (NYSE:VICI) Earns “Neutral” Rating from Mizuho

VICI Properties (NYSE:VICI)‘s stock had its “neutral” rating reaffirmed by equities research analysts at Mizuho in a report issued on Wednesday,Benzinga reports. They currently have a $30.00 target price on the stock. Mizuho’s price objective would indicate a potential upside of 2.48% from the stock’s current price.

Several other research firms have also recently commented on VICI. Evercore restated an “in-line” rating and set a $32.00 price target (down from $36.00) on shares of VICI Properties in a report on Monday, December 1st. Barclays cut their price objective on VICI Properties from $37.00 to $33.00 and set an “overweight” rating for the company in a report on Wednesday, December 3rd. Scotiabank downgraded VICI Properties from a “sector outperform” rating to a “sector perform” rating and lowered their target price for the company from $36.00 to $30.00 in a research note on Friday, January 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research report on Monday, December 29th. Finally, Wells Fargo & Company reaffirmed an “equal weight” rating and set a $32.00 price target (down from $36.00) on shares of VICI Properties in a research note on Tuesday, November 18th. Eight research analysts have rated the stock with a Buy rating and six have given 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 $33.69.

VICI Properties Price Performance

Shares of VICI opened at $29.28 on Wednesday. The company has a market capitalization of $31.29 billion, a price-to-earnings ratio of 11.22, a P/E/G ratio of 3.38 and a beta of 0.67. VICI Properties has a fifty-two week low of $27.48 and a fifty-two week high of $34.01. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.17 and a quick ratio of 3.17. The business’s 50-day moving average is $28.90 and its 200-day moving average is $30.02.

VICI Properties (NYSE:VICI) last posted its quarterly earnings results on Wednesday, February 25th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.03). VICI Properties had a return on equity of 10.02% and a net margin of 69.28%.The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the prior year, the business posted $0.57 earnings per share. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. Equities research analysts expect that VICI Properties will post 2.31 EPS for the current fiscal year.

Hedge Funds Weigh In On VICI Properties

A number of institutional investors have recently modified their holdings of the company. NewEdge Advisors LLC lifted its stake in shares of VICI Properties by 204.4% in the first quarter. NewEdge Advisors LLC now owns 37,580 shares of the company’s stock worth $1,226,000 after buying an additional 25,234 shares during the last quarter. Woodline Partners LP grew its stake in VICI Properties by 41.3% in the 1st quarter. Woodline Partners LP now owns 89,062 shares of the company’s stock valued at $2,905,000 after buying an additional 26,017 shares during the last quarter. Savant Capital LLC raised its holdings in VICI Properties by 18.6% in the 2nd quarter. Savant Capital LLC now owns 9,995 shares of the company’s stock worth $326,000 after acquiring an additional 1,566 shares during the period. AE Wealth Management LLC acquired a new position in VICI Properties during the 2nd quarter worth $216,000. Finally, ProShare Advisors LLC boosted its holdings in VICI Properties by 8.1% during the second quarter. ProShare Advisors LLC now owns 217,992 shares of the company’s stock valued at $7,107,000 after acquiring an additional 16,270 shares during the period. Institutional investors own 97.71% of the company’s stock.

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.