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VICI Properties Inc.

VICI · NYSE

Market closed$26.87$-0.280000 (-1.03%)After hours $26.92 · +0.19%

Key statistics

Previous close$27.15
Open$27.33
Day high$27.58
Day low$26.71
52-week high$34.01
52-week low$25.82
Market cap28.72B
Volume6.43M
Average volume9.24M
P/E ratio9.20
Forward P/E—
EPS2.92
Dividend yield+6.70%

Market context

Why it moved

VICI Properties declined as analyst caution over potential rent cuts on key Caesars leases weighed on investor sentiment, overshadowing the company's expansion into resort redevelopment with the Carambola Beach Resort acquisition.

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What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026VICI Properties closed modestly lower, pressured by a Wells Fargo price target cut to $27 (from $29) with an 'equal weight' rating, bringing the stock near its 52-week low of $25.82. The broader real estate sector also faced headwinds as a risk-off tone gripped markets amid escalating U.S.-Iran military tensions and a tech-driven selloff. Despite the near-term pressure, investor debate centers on the potential Fertitta acquisition of Caesars—VICI's largest tenant—which could meaningfully improve tenant credit quality and re-rate the stock closer to its $32+ consensus price target.

-1.0313

July 17, 2026VICI Properties gained over 3% on July 16, outperforming a broadly mixed market as real estate and income-oriented names attracted buyers amid easing inflation expectations and falling Treasury yields. The XLRE sector ETF closed near its 52-week high, reflecting broad REIT strength. Investor interest in VICI is supported by its resilient triple-net lease model, a 6.8% dividend yield, and Q1 results that beat EPS estimates by $0.11, though the stock still trades well below its consensus analyst target of ~$32, partly due to ongoing uncertainty surrounding the Fertitta acquisition of key tenant Caesars Entertainment.

3.1357

July 16, 2026VICI Properties closed essentially flat as income-focused investors continue to weigh the gaming REIT's compelling 6.9% dividend yield against a challenging valuation backdrop. Wells Fargo recently cut its price target to $27 (from $29) while maintaining an Equal-Weight rating, and Morgan Stanley trimmed its target to $31, reflecting caution even as the stock trades near its 52-week low of $25.82. The real estate sector (XLRE) also saw muted activity, while broader market attention centered on a softer-than-expected June CPI report and ongoing U.S.-Iran geopolitical tensions that have pressured risk sentiment.

0.1332

July 15, 2026VICI Properties closed modestly lower, drifting with the broader real estate sector (XLRE) as investors balanced geopolitical uncertainty and a softer-than-expected June CPI print. The gaming REIT continues to attract income-focused attention given its 6.9% dividend yield, recent Q1 earnings beat ($0.82 EPS vs. $0.71 expected), and reaffirmed FY2026 guidance, while analysts maintain a Moderate Buy consensus with a $32.57 average price target — well above the current share price trading near its 52-week low.

-0.4545

July 14, 2026VICI Properties closed higher, outperforming the broader market as the real estate sector drew income-focused investors amid a risk-off backdrop driven by renewed U.S.-Iran hostilities and surging oil prices. The gaming and hospitality REIT benefits from its defensive lease structure — long-term triple-net contracts with inflation-linked escalators — making it an attractive haven as macro uncertainty rises. Recent Q1 results beat estimates ($0.82 EPS vs. $0.71 expected), the company reaffirmed FY2026 guidance of $2.44–$2.47 EPS, and a $0.45 quarterly dividend was paid July 9, implying a 6.9% yield that continues to attract institutional buyers.

1.4994

July 11, 2026VICI Properties closed modestly higher but remains near its 52-week low, weighed down by a confluence of macro headwinds including heightened US-Iran geopolitical tensions that have reignited inflation and Fed rate hike fears — a particularly challenging backdrop for rate-sensitive REITs. Morgan Stanley recently cut its price target to $31 from $38 (maintaining Equal-Weight), while JPMorgan trimmed its target to $32 from $34, reflecting concerns over Caesars lease coverage and tenant visibility. Despite the pressure, income investors note VICI's 6.7%+ dividend yield, 8 consecutive years of dividend growth, and its recent $0.45/share quarterly dividend paid July 9, alongside expansion moves into Alberta casinos and a Caribbean resort redevelopment with Club Med.

0.3085

July 10, 2026VICI Properties closed modestly lower, touching a new 52-week low intraday as analyst price target cuts weighed on sentiment. Morgan Stanley slashed its price target to $31 from $38, while JPMorgan trimmed its target to $32 from $34 earlier in the week, reflecting concerns over Caesars Regional lease coverage and broader REIT sector headwinds from renewed geopolitical tensions driving oil higher and bond yields up. Despite the pressure, the stock's 6.7% dividend yield — backed by a $0.45 quarterly dividend paid today — and an average analyst target of ~$33 implying significant upside keep income-focused investors engaged.

-0.5941

July 9, 2026VICI Properties fell nearly 2.54%, closing near its 52-week low of $26.02, as a confluence of headwinds weighed on the gaming REIT. Morgan Stanley cut its price target to $31 from $38 (maintaining Equal-Weight), while broader risk-off sentiment intensified after President Trump declared the U.S.-Iran ceasefire 'over,' sending oil prices surging and Treasury yields higher — a particularly challenging backdrop for rate-sensitive REITs. Despite solid fundamentals, including a 6.6% dividend yield, an upcoming $0.45 quarterly dividend payment on July 9, and Q2 earnings due July 29, macro pressures from rising yields and geopolitical uncertainty overshadowed the company's defensive triple-net lease profile.

-2.5402

ad-hoc-news.de · July 18, 2026VICI Properties stock trades near highs as rental revenue and acquisitions underpin growthSimply Wall Street · July 17, 2026Did Analyst Caution and Carambola Resort Deal Just Shift VICI Properties' (VICI) Investment Narrative?The Globe and Mail · July 16, 2026Wells Fargo Keeps Their Hold Rating on VICI Properties (VICI)Ad Hoc News · July 16, 2026VICI Properties stock holds steady as experiential real estate strategy supports long-term cash flowMoomoo · July 15, 2026Wells Fargo Maintains VICI Properties(VICI.US) With Hold Rating, Announces Target Price $27Seeking Alpha · June 27, 2026VICI Properties: Investors Are Misunderstanding A Historic Opportunity (NYSE:VICI)Investing.com · May 25, 2026VICI Properties’ SWOT analysis: stock faces lease concerns amid valuation debateMorningstar · April 30, 2026VICI Properties Inc. Closes Sale-Leaseback Transaction With Golden Entertainment
Benzinga · July 15, 2026Wells Fargo Maintains Equal-Weight on VICI Properties, Lowers Price Target to $27
Benzinga · July 8, 2026Morgan Stanley Maintains Equal-Weight on VICI Properties, Lowers Price Target to $31
Mt Newswire · July 8, 2026Triple Net REITs Had Solid H1, Morgan Stanley Says
Mt Newswire · July 8, 2026Morgan Stanley Adjusts Price Target on VICI Properties to $31 From $38
Mt Newswire · July 7, 2026JPMorgan Adjusts VICI Properties Price Target to $32 From $34
Mt Newswire · June 25, 2026VICI Properties' Gaming Portfolio Offset by Caesars Lease, Tenant Visibility Concerns, RBC Says
Benzinga · June 25, 2026RBC Capital Initiates Coverage On VICI Properties with Sector Perform Rating, Announces Price Target of $29
Mt Newswire · June 25, 2026RBC Initiates VICI Properties at Sector Perform With $29 Price Target

Peers

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