Barclays Maintains a Buy Rating on VICI Properties (VICI), Sets a PT of $36

VICI Properties Inc. (NYSE:VICI) is one of the best high growth low PE stocks to invest in now. On August 20, Barclays analyst Richard Hightower maintained a Buy rating on VICI Properties Inc. (NYSE:VICI) and set a price target of $36.00.

VICI Properties Inc. (NYSE:VICI) reported its fiscal Q2 2025 results on July 30, with total revenues for the quarter rising 4.6% year-over-year to $1.0 billion.

Net income attributable to common stockholders rose 16.7% year-over-year to $865.1 million and, on a per share basis, grew 15.1% year-over-year to $0.82. The growth was attributed to the effect of the change in the CECL allowance for the quarter ended June 30.

VICI Properties Inc. (NYSE:VICI) also reported that AFFO attributable to common stockholders rose 6.4% year-over-year to $630.2 million and, on a per share basis, grew 4.9% year-over-year to $0.60.

VICI Properties Inc. (NYSE:VICI) is a real estate investment trust that owns and acquires hospitality, gaming, and entertainment destinations, including MGM Grand, Caesars Palace Las Vegas, and the Venetian Resort Las Vegas.

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Disclosure: None. This article is originally published at Insider Monkey.