VICI Properties (NYSE:VICI) Issues FY 2025 Earnings Guidance

Key Points

• VICI Properties has updated its FY 2025 earnings guidance with an expected EPS of 2.350-2.370, slightly above the consensus EPS estimate of 2.352.
• Several analysts have raised their target prices for VICI Properties, with Truist Financial increasing it from $35.00 to $38.00 and maintaining a "buy" rating.
• The company's latest quarterly dividend of $0.4325 per share provides an annual yield of 5.31% with a payout ratio of 69.20%.

VICI Properties (NYSE:VICI - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.350-2.370 for the period, compared to the consensus earnings per share estimate of 2.352. The company issued revenue guidance of -.

VICI Properties Price Performance

Shares of VICI Properties stock traded up $0.50 on Friday, hitting $33.10. 4,687,667 shares of the company were exchanged, compared to its average volume of 6,765,843. The stock has a market capitalization of $34.97 billion, a price-to-earnings ratio of 12.68, a price-to-earnings-growth ratio of 4.17 and a beta of 0.70. The company has a 50-day moving average price of $32.54 and a 200 day moving average price of $31.70. VICI Properties has a 1-year low of $27.98 and a 1-year high of $34.29. The company has a quick ratio of 2.53, a current ratio of 2.53 and a debt-to-equity ratio of 0.62.

VICI Properties (NYSE:VICI - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.60 EPS for the quarter, meeting analysts' consensus estimates of $0.60. VICI Properties had a return on equity of 10.27% and a net margin of 70.20%. The firm had revenue of $1 billion for the quarter, compared to analysts' expectations of $991.59 million. During the same period in the prior year, the firm posted $0.57 earnings per share. The firm's quarterly revenue was up 4.6% on a year-over-year basis. As a group, sell-side analysts predict that VICI Properties will post 2.31 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 10th. Investors of record on Wednesday, June 18th were issued a $0.4325 dividend. The ex-dividend date was Wednesday, June 18th. This represents a $1.73 dividend on an annualized basis and a yield of 5.2%. VICI Properties's dividend payout ratio is currently 66.28%.

Analysts Set New Price Targets

A number of research analysts recently commented on VICI shares. Robert W. Baird upped their price objective on VICI Properties from $35.00 to $36.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Stifel Nicolaus upped their price target on VICI Properties from $34.75 to $35.00 and gave the stock a "buy" rating in a research note on Thursday. Morgan Stanley upped their price target on VICI Properties from $33.00 to $35.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 8th. JMP Securities set a $35.00 price target on VICI Properties in a research note on Tuesday, July 22nd. Finally, Citigroup restated a "market outperform" rating on shares of VICI Properties in a research note on Tuesday, July 22nd. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $35.40.

Hedge Funds Weigh In On VICI Properties

A hedge fund recently raised its stake in VICI Properties stock. NewEdge Advisors LLC grew its position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 204.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 37,580 shares of the company's stock after purchasing an additional 25,234 shares during the quarter. NewEdge Advisors LLC's holdings in VICI Properties were worth $1,226,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 97.71% of the company's stock.

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.