$VICI

VICI Properties acknowledged Caesars Entertainment's thin coverage of its regional casino master lease. Analyst Mitch Germain lowered VICI's price target to $31. Caesars' potential asset sales post-Fertitta acquisition may impact the lease. GLPI remains optimistic about Bally's Chicago project. Germain also lowered Bally's price target to $49.

Citizens lowered VICI Properties' (VICI) price target to $31 from $35, citing macro volatility, while maintaining a Market Outperform rating. The stock trades near its 52-week low at $22.73. VICI reported Q2 2026 revenue of $1.06B, beating estimates, but EPS missed. The company raised its full-year AFFO outlook and completed a $1.75B notes offering for debt refinancing.

VICI Properties (VICI) shares fell 23.9% over the past year, but raised its quarterly dividend to $0.46. The company owns 93+ properties, with Caesars (CZR) and MGM Resorts (MGM) as major tenants. VICI's AFFO is $0.62 per share, covering its dividend. Leverage is 4.9 times net debt to adjusted EBITDA. Caesars' ownership change is a potential risk.

VICI Properties shares declined after JPMorgan downgraded the company to 'Neutral' from 'Overweight' and lowered its price target to $30 from $32. The stock has fallen 3.48% in the past month and 17.25% year-to-date.

President Trump's financial managers conducted over 1,100 equity transactions in July, including sales of Caesars Entertainment (CZR), Rush Street Interactive (RSI), and VICI Properties (VICI). The Caesars sale was valued at $1,001 to $15,000, while RSI and VICI sales were between $15,001 and $50,000. Sphere Entertainment (SPHR) shares were also sold, with a value between $15,001 and $50,000. The transactions followed the stocks' performance trends.

Evercore ISI reduced its price target for VICI Properties to $30 from $31, maintaining an In Line rating. The adjustment reflects a recalibration of REIT valuations due to the Fed's tightening cycle and rising interest rates, though overall valuations remain resilient, according to the analyst.

VICI Properties (VICI) reported a 5% increase in adjusted funds from operations (AFFO) to $0.62 per share, raising full-year 2026 guidance to $2.45-$2.47 per share. CFO David Kieske emphasized loans yielding near 9.5% over buybacks, citing the Club Med deal as attractive. VICI's dividend yield reached 7.64%, the highest on record, with a payout ratio of 91.33%. TIKR's mid-case model targets $38 by 2031, a 57% total return.

VICI Properties has underperformed rival W. P. Carey (WPC), with WPC gaining 7.4% year-to-date. Analysts rate VICI a 'Moderate Buy' with a mean price target of $32, implying 28.9% upside.

VICI Properties (VICI) raised its quarterly dividend by 2.2% to US$0.46 per share for Q3 2026, increasing the annualized payout to US$1.84. The dividend hike follows the acquisition of Alberta gaming assets, reinforcing the REIT's focus on stable cash flows. VICI's revenue grew year-over-year, but net income declined due to a CECL allowance change. The company projects US$4.6b revenue and US$3.4b earnings by 2029, with analysts noting a potential 31% upside. Investors are assessing the impact of

Caesars Entertainment and VICI Properties are developing a 50-acre NBA arena site near the Las Vegas Strip. The project is in early planning stages, with no timeline or budget disclosed. According to VICI's COO, the arena could support a potential NBA expansion team in Las Vegas. The partnership aims to diversify Caesars' offerings amid iGaming industry pressures.