VICI Properties Inc. Expected to Earn FY2025 Earnings of $2.34 Per Share (NYSE:VICI)

VICI Properties Inc. (NYSE:VICI - Free Report) - Research analysts at Wedbush raised their FY2025 earnings per share estimates for shares of VICI Properties in a research report issued on Monday, May 6th. Wedbush analyst R. Anderson now expects that the company will earn $2.34 per share for the year, up from their previous estimate of $2.33. The consensus estimate for VICI Properties' current full-year earnings is $2.25 per share.

VICI has been the subject of several other research reports. Mizuho dropped their target price on shares of VICI Properties from $34.00 to $31.00 and set a "buy" rating for the company in a research report on Thursday, March 7th. Morgan Stanley upped their price objective on shares of VICI Properties from $32.00 to $33.00 and gave the company an "equal weight" rating in a research report on Monday, March 18th. Finally, Wells Fargo & Company lowered their price objective on shares of VICI Properties from $34.00 to $32.00 and set an "overweight" rating for the company in a research report on Wednesday, March 6th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $34.10.

VICI Properties Trading Down 1.0 %

Shares of VICI Properties stock traded down $0.29 on Wednesday, hitting $29.26. 5,892,141 shares of the company's stock traded hands, compared to its average volume of 6,257,235. The firm's 50-day moving average price is $28.91 and its two-hundred day moving average price is $29.61. The stock has a market capitalization of $30.52 billion, a PE ratio of 11.57, a price-to-earnings-growth ratio of 6.47 and a beta of 0.90. VICI Properties has a one year low of $26.63 and a one year high of $33.40. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.97 and a quick ratio of 2.97.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Capital International Investors raised its holdings in VICI Properties by 17.4% in the 4th quarter. Capital International Investors now owns 62,871,097 shares of the company's stock valued at $2,004,648,000 after acquiring an additional 9,317,582 shares during the period. Cohen & Steers Inc. increased its holdings in shares of VICI Properties by 132.0% during the fourth quarter. Cohen & Steers Inc. now owns 34,784,906 shares of the company's stock worth $1,108,993,000 after purchasing an additional 19,788,229 shares during the period. Invesco Ltd. increased its holdings in shares of VICI Properties by 19.1% during the third quarter. Invesco Ltd. now owns 23,686,622 shares of the company's stock worth $689,281,000 after purchasing an additional 3,798,898 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of VICI Properties by 0.5% during the third quarter. JPMorgan Chase & Co. now owns 17,533,937 shares of the company's stock worth $510,238,000 after purchasing an additional 86,084 shares during the period. Finally, Norges Bank bought a new position in shares of VICI Properties during the fourth quarter worth approximately $460,431,000. 97.71% of the stock is owned by institutional investors.

Insider Transactions at VICI Properties

In other VICI Properties news, Director James R. Abrahamson acquired 3,000 shares of VICI Properties stock in a transaction dated Thursday, March 14th. The stock was bought at an average cost of $28.85 per share, for a total transaction of $86,550.00. Following the purchase, the director now directly owns 139,342 shares in the company, valued at approximately $4,020,016.70. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.25% of the company's stock.

VICI Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Thursday, March 21st were paid a dividend of $0.415 per share. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 5.67%. VICI Properties's dividend payout ratio is 65.61%.

About VICI Properties

VICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.