VICI Properties Inc. (NYSE:VICI) is among the Best Affordable Stocks Under $40 to Buy. Wall Street has a positive outlook on VICI as the company gets close to releasing its fiscal Q4 2025 earnings on February 25. Analysts’ 12-month price target reflects more than 19.45% upside from the current level, with 76% of the 25 analysts covering the stock having a Buy rating.
However, recently, on February 2, Greg McGinniss from Scotiabank downgraded VICI Properties Inc. (NYSE:VICI) from Buy to Hold and also lowered the price target from $36 to $30. Earlier on January 5, Richard Anderson from Cantor Fitzgerald also lowered the price target from $35 to $33 but maintained a Buy rating on the stock.
Scotiabank’s analyst downgraded the stock based on concerns regarding growth and the lease agreement. McGinniss noted that the overhang from the Caesars Entertainment (CZR) Regional Master Lease is painting an uncertain picture amidst already tight rent coverage ratios. This lease agreement is pertinent as it covers multiple regional casinos and accounts for about 25% of the company’s net operating income.
On the other hand, Anderson from Cantor Fitzgerald noted that the US REIT gained only 2.9% in 2025 and underperformed the S&P 500. However, the analyst expects improvement in 2026, driven by a supportive macro environment and rising M&A activity in real estate.
Lastly, Wall Street expects VICI Properties Inc. (NYSE:VICI) to post Q4 2025 revenue around $1.01 billion along with a GAAP EPS of $0.69.
VICI Properties Inc. (NYSE:VICI) is a real estate investment trust (REIT) that owns, acquires, and develops a massive portfolio of gaming, hospitality, and entertainment destinations. It acts as a landlord for iconic properties, including Caesars Palace, the MGM Grand, and the Venetian Resort in Las Vegas.
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Disclosure: None. This article is originally published at Insider Monkey.
