Morgan Stanley Maintains Hold Rating on VICI Properties with $35 Price Target

Morgan Stanley analyst Ronald Kamdem maintains a Hold rating on VICI Properties with a price target of $35.00. The company's shares opened at $33.38. Kamdem has an average return of 4.5% and a 53.11% success rate on recommended stocks. The Street consensus rating for VICI Properties is Strong Buy with an average price target of $35.86. VICI Properties reported a quarterly revenue of $984.2 million and a net profit of $543.61 million in its latest earnings release.

VICI Properties Inc. (VICI), an S&P 500 experiential real estate investment trust, continues to attract attention from analysts and investors alike. The company owns a diverse portfolio of market-leading gaming, hospitality, wellness, entertainment, and leisure destinations, including iconic facilities like Caesars Palace Las Vegas, MGM Grand, and the Venetian Resort Las Vegas [1].

In its latest earnings release, VICI Properties reported a quarterly revenue of $984.2 million and a net profit of $543.61 million. This performance underscores the company's robust financial health and strong revenue growth [2].

Morgan Stanley analyst Ronald Kamdem maintains a Hold rating on VICI Properties, with a price target of $35.00. Kamdem has an average return of 4.5% and a 53.11% success rate on recommended stocks. The Street consensus rating for VICI Properties is Strong Buy, with an average price target of $35.86. This consensus is based on the ratings of 11 analysts, with 11 rating the stock as a Strong Buy, 10 as a Buy, and 0 as a Hold or Sell [3].

The company's shares opened at $33.38 on the latest trading day, reflecting a 1.17% increase from the previous session. This move outpaced the S&P 500's daily loss of 0.11%. The company's shares have seen an increase of 2.61% over the last month, not keeping up with the Finance sector's gain of 3.03% and the S&P 500's gain of 5.17% [2].

VICI Properties' goal is to create the highest quality and most productive experiential real estate portfolio through strategic partnerships with leading developers and operators in various experiential sectors. The company's portfolio includes 93 experiential assets across the United States and Canada, comprising approximately 127 million square feet and featuring over 60,000 hotel rooms and over 500 restaurants, bars, nightclubs, and sportsbooks [1].

Investors should closely follow VICI Properties' upcoming financial results, scheduled for release on July 30, 2025. The company is predicted to post an EPS of $0.59, indicating a 3.51% growth compared to the equivalent quarter last year. The Zacks Consensus Estimates project earnings of $2.35 per share and a revenue of $3.98 billion for the entire fiscal year, representing changes of +3.98% and +3.5% from the prior year, respectively [2].

References:
[1] https://finance.yahoo.com/quote/VICI/
[2] https://finance.yahoo.com/news/vici-properties-inc-vici-advances-221503481.html
[3] https://www.tipranks.com/stocks/vici/forecast