VICI Properties' (VICI) Neutral Rating Reiterated at JPMorgan Chase & Co.

Key Points

• JPMorgan reaffirmed its neutral rating on VICI Properties with a $30 price target, implying 28.5% upside from the cited $23.34 share price. The broader analyst consensus remains “Hold,” with an average target of $29.93.
• VICI’s shares fell 1.5% to $23.34, near their 52-week low, after the company reported quarterly EPS of $0.62—below the $0.71 consensus estimate—despite revenue rising 5.7% year over year to $1.06 billion.
• Institutional ownership remains very high at 97.71%, with major investors including State Street increasing their positions. VICI also stands out for its dividend yield of 6% or more, which may appeal to income-focused investors.

VICI Properties (NYSE:VICI - Get Free Report)'s stock had its "neutral" rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a research report issued on Thursday, MarketBeat Ratings reports. They presently have a $30.00 target price on the stock. JPMorgan Chase & Co.'s price objective indicates a potential upside of 28.52% from the company's previous close.

Other equities analysts also recently issued research reports about the stock. Royal Bank Of Canada initiated coverage on shares of VICI Properties in a research note on Thursday, June 25th. They set a "sector perform" rating and a $29.00 target price for the company. Morgan Stanley lowered their target price on shares of VICI Properties from $31.00 to $29.00 and set an "equal weight" rating for the company in a research note on Tuesday, September 15th. Evercore set a $30.00 target price on shares of VICI Properties in a research note on Monday. Robert W. Baird set a $32.00 target price on shares of VICI Properties in a research note on Thursday, July 30th. Finally, Barclays lowered their target price on shares of VICI Properties from $34.00 to $31.00 and set an "overweight" rating for the company in a research note on Wednesday, July 22nd. Five analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $29.93.

VICI Properties Stock Down 1.5%

Shares of NYSE:VICI traded down $0.36 during trading on Thursday, hitting $23.34. The company's stock had a trading volume of 1,400,819 shares, compared to its average volume of 9,501,702. The business has a 50 day moving average price of $25.88 and a two-hundred day moving average price of $27.12. The company has a market capitalization of $25.70 billion, a PE ratio of 9.03 and a beta of 0.65. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.98 and a current ratio of 1.98. VICI Properties has a fifty-two week low of $23.27 and a fifty-two week high of $33.01.

VICI Properties (NYSE:VICI - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.09). The business had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.04 billion. VICI Properties had a return on equity of 9.66% and a net margin of 67.50%.The business's revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.60 EPS. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. As a group, research analysts expect that VICI Properties will post 2.47 EPS for the current fiscal year.

Hedge Funds Weigh In On VICI Properties

Several large investors have recently bought and sold shares of the stock. QRG Capital Management Inc. raised its holdings in shares of VICI Properties by 8.6% in the second quarter. QRG Capital Management Inc. now owns 456,786 shares of the company's stock valued at $12,128,000 after buying an additional 36,140 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of VICI Properties by 3.3% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 33,596 shares of the company's stock valued at $892,000 after buying an additional 1,083 shares during the last quarter. State Street Corp raised its holdings in shares of VICI Properties by 4.5% in the second quarter. State Street Corp now owns 67,155,780 shares of the company's stock valued at $1,812,259,000 after buying an additional 2,920,133 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of VICI Properties by 19.3% in the second quarter. The Manufacturers Life Insurance Company now owns 1,097,823 shares of the company's stock valued at $29,147,000 after buying an additional 177,238 shares during the last quarter. Finally, Tidal Investments LLC raised its holdings in shares of VICI Properties by 14.0% in the second quarter. Tidal Investments LLC now owns 100,502 shares of the company's stock valued at $2,668,000 after buying an additional 12,362 shares during the last quarter. Institutional investors and hedge funds own 97.71% of the company's stock.

More VICI Properties News

Here are the key news stories impacting VICI Properties this week:

• Positive Sentiment: VICI is highlighted among large-cap companies offering a dividend yield of 6% or more, which may support investor interest in the casino-property REIT and provide downside appeal for income-focused shareholders. Don’t Look Now: 4 S&P 500 Giants Pay 6% and Higher Dividends
• Neutral Sentiment: VICI appointed John M. Sullivan as an independent director and added him to its compensation and nominating and governance committees. The move strengthens board oversight but is unlikely to materially affect near-term earnings or valuation. VICI Announces Appointment of John M. Sullivan
• Negative Sentiment: JPMorgan downgraded VICI from “overweight” to “neutral,” indicating reduced conviction in the stock’s near-term upside. Although its new $30 price target remains above the recent share price, the rating change is a negative signal for sentiment.
• Negative Sentiment: Scotiabank cut its price target from $29 to $26 while maintaining a “sector perform” rating, reflecting more limited expected appreciation and contributing to the cautious analyst tone. Scotiabank Adjusts VICI Price Target
• Negative Sentiment: Coverage points to VICI reaching a 52-week low after quarterly EPS fell short of analyst expectations. The earnings miss, combined with recent underperformance versus the broader market, appears to be the main catalyst behind the stock’s decline. VICI Properties Stock Falls to a 52-Week Low as EPS Misses

About VICI Properties

VICI Properties, Inc NYSE: VICI is a real estate investment trust focused on experiential properties, particularly gaming, hospitality and entertainment destinations. The company owns the real estate associated with properties such as casinos, resorts and golf facilities, while operating partners manage the day-to-day businesses.

VICI's portfolio includes prominent gaming and resort assets in Las Vegas and regional markets throughout the United States, as well as properties in Canada.