VICI Properties (VICI) Stock Forecast & Price Target

VICI Properties
Bear Case

Investors should be bearish about investing in VICI Properties Inc. for these reasons:

• The stock has recently hit new 52-week lows, with the price falling to $25.39, reflecting a downward trend that may indicate ongoing investor concerns about the company's performance or sector outlook.
• Wall Street analysts have recently lowered price targets, with Mizuho cutting its target from $30.00 to $27.00 and Scotiabank reducing its target from $32.00 to $29.00, suggesting a more cautious view on the stock's near-term upside potential.
• The company's dividend payout ratio is 69.77%, which is relatively high, meaning a significant portion of earnings is being distributed to shareholders, potentially limiting funds available for reinvestment or debt reduction.
• Some institutional investors, such as Raiffeisen Bank International AG, have significantly reduced their holdings in VICI Properties Inc., selling 48.6% of their position in the second quarter, which could signal a lack of confidence among large investors.
• The stock's 50-day moving average is $26.39 and its 200-day moving average is $27.64, both of which are above the current price of $25.39, indicating that the stock is trading below its medium- and long-term trend lines.