Scotiabank analyst Greg McGinniss raised the price target on VICI Properties (VICI) to $36 from $35 and maintains an Outperform rating. The firm is updating its price targets on US Real Estate & REITs stocks following Q2 results.
Scotiabank analyst Greg McGinniss has raised the price target on VICI Properties (VICI) to $36 from $35, maintaining an Outperform rating. This update comes as part of the firm's review of price targets for US Real Estate & REITs stocks following Q2 results [2].
The revision reflects a positive outlook on VICI Properties, which has been experiencing strong performance and growth. The company recently reported earnings of $0.60 per share for the quarter, meeting the consensus estimate, and saw revenue growth of 4.6% compared to the same quarter last year. Additionally, VICI Properties has declared a quarterly dividend of $0.4325 per share, resulting in a dividend yield of 5.2% [1].
Epoch Investment Partners Inc. recently reduced its stake in VICI Properties by 6.7%, selling 172,390 shares in the first quarter. Despite this reduction, the firm still owns approximately 2.4 million shares valued at $78.3 million. Several other institutional investors have increased their holdings in VICI Properties, including Price T Rowe Associates Inc. MD, Northern Trust Corp, Invesco Ltd., Charles Schwab Investment Management Inc., and Nuveen LLC [1].
Research analysts maintain a positive outlook on VICI Properties, with nine analysts rating it as a Buy and a consensus price target of $35.40 per share. Analysts from Citigroup, Morgan Stanley, JMP Securities, Stifel Nicolaus, and Robert W. Baird have all issued positive ratings and price targets for the stock [1].
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. The company's strong portfolio and positive analyst ratings suggest that VICI Properties is well-positioned for continued growth.
References:
[1] https://www.marketbeat.com/instant-alerts/filing-epoch-investment-partners-inc-sells-172390-shares-of-vici-properties-inc-vici-2025-08-26/
[2] https://www.tipranks.com/news/the-fly/healthcare-realty-trust-price-target-raised-to-18-from-17-at-scotiabank-thefly
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