VICI

Over the past six months, VICI Properties' stock price has trended down by 18.46%, and by 26.15% in the past year. VICI recently increased its quarterly dividend to $0.46 per share, an annualized $1.84 payout. However, several analysts, including Citizens JMP, Cantor Fitzgerald, Evercore, Raymond James Financial, Wells Fargo & Company, and Deutsche Bank Aktiengesellschaft, have lowered their price targets between July and October 2026. Macroeconomic headwinds, such as likely more expensive borrowing costs and potentially slower acquisition activity in the broader REIT sector, have contributed to the stock's decline. Concerns also exist regarding VICI's tenant concentration with major gaming operators like Caesars Entertainment and MGM Resorts International, and discussions about these tenants potentially going private have added market uncertainty. VICI faces higher refinancing costs as upcoming debt maturities could be repriced materially above their current fixed coupons. The company's Q4 2025 earnings revealed an EPS of $0.57, falling short of the forecasted $0.70, and revenue also missed expectations, leading to a negative market reaction. The Q3 2026 earnings conference call is scheduled for October 29, 2026.