Citizens cuts target for VICI Properties stock from USD 35 to USD 31

Published on 10/18/2026 at 12:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

VICI reports third-quarter results on October 28, 2026. For VICI Properties stock, second-quarter revenue reached USD 1.06 billion, up 5.70 percent.

Target cut and earnings date

Citizens lowered its VICI Properties target from USD 35.00 to USD 31.00 on October 2, 2026.
Second-quarter revenue reached USD 1.06 billion, up 5.70 percent year over year.
VICI Properties stock was last quoted at EUR 21.00 on Tradegate on October 16, 2026 at 9:29 p.m. CEST.
Third-quarter results are scheduled for October 28, 2026.

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VICI Properties (ISIN US9256521090) saw Citizens cut its price target from USD 35.00 to USD 31.00 on October 2, 2026, while maintaining an Outperform rating, according to Markets Insider. The decision puts tenant health and rent durability at the center of the latest analyst discussion.

Three events shape the setup

On September 28, 2026, VICI agreed to a new 20-year lease for the Century Mile and Century Downs racetracks, with initial annual rent of CAD 10.70 million, as Yahoo Finance reported. On September 30, 2026, the company announced that third-quarter results would follow on October 28, 2026. The October 2 target cut from USD 35.00 to USD 31.00 was the latest of the three events.

What does the target cut mean?

The second-quarter figures show revenue of USD 1.06 billion, up 5.70 percent from the year-earlier quarter, while diluted earnings per share were USD 0.48, according to MarketBeat. The same report said full-year 2026 earnings-per-share guidance stood at USD 2.45 to USD 2.47, giving investors a quantified benchmark for the October results.

MarketBeat also reported that 8 of 15 analysts held a Hold rating and 7 recommended buying, with an average 12-month target of USD 30.00. The contrast is important: the lowered Citizens target remains above the latest US share price, but the analyst split shows that tenant quality remains a material valuation issue.

Results provide the next test

VICI Properties will release third-quarter 2026 results after the New York Stock Exchange close on October 28, 2026, and will hold its earnings call on October 29, 2026 at 10:00 a.m. ET, according to the company's VICI Properties release. Revenue growth and commentary on major tenants will therefore be the next concrete tests for the lower target range.

Tradegate quote remains dated

The last available euro quote stood at EUR 21.00 on Tradegate on October 16, 2026 at 9:29 p.m. CEST. The finance snapshot put VICI Properties' market capitalization at USD 26.0 billion as of October 16, 2026, with a 52-week range of USD 22.43 to USD 31.69.

The further course of trading is shown by the continuously updated real-time quote of VICI Properties stock.