VICI Properties Inc. (VICI) earnings on July 29, 2026

After the market closes Q2 2026

More VICI Properties Inc. earnings

Prior outlook: Pessimistic Outcome: Accurate

The stock dropped sharply after the earnings report, falling about 3% as investors sold positions following the negative news.

VICI price around the earnings

26.31

Change: -3.0%

2026-07-30, 20:00 UTC

Start of the measured window End of the measured window
25.95 26.37 26.78 27.20 27.13
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)No trading (market closed)
July 29, 2026 July 30, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Accurate

Thesis published

Strong past earnings and analyst upside, but recent price target cuts and negative trend strength.

Context analyzed before publication

Trend
Consistent negative trajectory with a significant selloff, indicating lowered expectations into the earnings event.

Analysts

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.84
Analysts covering the stock
24
Average price target
33.13
Lowest price target
27
Highest price target
39
Upside to price target
22.3%
Quarterly earnings growth
60.5%
Revenue growth
3.5%
Forward EPS
2.93
Trailing EPS
2.92
Analyst moves in the last 60 days
5
  • Strong buy: 5
  • Buy: 12
  • Hold: 8
  • Sell: 0
  • Strong sell: 0
Strong buy
5
Buy
12
Hold
8
Sell
0
Strong sell
0
  • July 22, 2026 · Barclays: Maintains rating (Overweight → Overweight)
  • July 15, 2026 · Wells Fargo: Maintains rating (Equal-Weight → Equal-Weight)
  • July 8, 2026 · Morgan Stanley: Maintains rating (Equal-Weight → Equal-Weight)
  • June 25, 2026 · RBC Capital: Initiates coverage (Sector Perform)
  • June 18, 2026 · Scotiabank: Maintains rating (Sector Perform → Sector Perform)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%

Technicals

Evidence

Price when the context was analyzed
27.1
Average true range (ATR)
2%
Distance to 52-week high
-15.0%
14-day change (14d)
+3.1%
30-day change (32d)
-0.4%
30-day relative strength
-2.0%
SPY change (32d)
+1.6%
Nearest support
27.08
Distance to nearest support
0.1%
Nearest resistance
27.2
Distance to nearest resistance
0.4%
Volume accumulation ratio (14d / 46d)
1.02
  • Mid: 27.08 (0.1% away, 0.04 ATR, 10 touches)
  • Major: 26.97 (0.5% away, 0.25 ATR, 35 touches)
  • Mid: 26.78 (1.2% away, 0.59 ATR, 16 touches)
  • Major: 27.2 (0.4% away, 0.19 ATR, 43 touches)
  • Mid: 27.41 (1.1% away, 0.58 ATR, 15 touches)
  • Major: 27.59 (1.8% away, 0.93 ATR, 31 touches)

Trends

Evidence

Average earnings surprise
+4.3%
  • April 29, 2026: actual EPS 0.82 vs estimate 0.71 (surprise +15.0%)
  • February 25, 2026: actual EPS 0.57 vs estimate 0.7 (surprise -19.1%)
  • October 30, 2025: actual EPS 0.71 vs estimate 0.69 (surprise +3.4%)
  • July 30, 2025: actual EPS 0.83 vs estimate 0.7 (surprise +17.9%)

Expected move

Implied move
+1.0%
Source
Options chain

Reactions over its last 20 earnings

Median move
1.4%
75th percentile move
2.1%
90th percentile move
3%
Up / down moves
10 / 10
Average up move
+1.4%
Average down move
-1.5%

Monitoring and close

What VICI Properties Inc. reported

Status
Finished
Actual EPS0.48
EPS estimate0.71
EPS surprise-32.4%

VICI Properties reported Q2 2026 results with revenues beating estimates, driven by lease growth and investment activity. AFFO met expectations.

Pre-market second reading after the results

There is no second reading available for this event.

How the stock reacted

Outcome
Accurate
Consolidated
-3.0%
Max favorable move (MFE)
4.7%
Max adverse move (MAE)
0.1%