VICI Properties, RBC starts coverage at Sector Perform

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-25, 18:56.

VICI Properties (US9256521090) is back in view on NYSE after RBC Capital initiated coverage with a Sector Perform rating and a $29 price target. Investing.com reported the note on Thursday, June 25, 2026.

RBC sets the tone

RBC said VICI trades at a discount to the net lease group, while also pointing to CPI-linked rent escalators and tenant concentration at Caesars Regional lease. The note gives the shares a fresh analyst reference point on the same day the stock traded around $26.5 to $26.8, according to live quote pages.

MarketBeat showed VICI at $26.78 on June 24, while TradingKey listed $26.735 at the June 24 close and a market cap of $29.20 billion. MarketBeat quote page and TradingKey technical data both place the shares in the mid-26 dollar range.

Analysts stay active

MarketScreener said RBC initiated VICI with Sector Perform and a $29 target on June 25, 2026, and also cited an average target price of $34.04 across coverage. That puts the new call below the broader analyst average, but still above the recent trading band. MarketScreener coverage note

TradingKey marked a resistance level at $28.41 and support at $25.55, with a Sell signal based on moving averages. The same page listed 1 buy signal and 3 sell signals, which gives the current chart a clearly range-bound profile.

Casino real estate model

VICI owns and leases casino and entertainment properties across the U.S. and Canada, with a portfolio that MarketBeat described as REIT - EQTY TRUST - OTHER. The company was formed in 2016 and operates with a net lease structure that ties rental income to long-term operators.

NYSE price snapshot

The VICI Properties shares (US9256521090) trade on 2026-06-25, 11:15 on NYSE at 26.5 US dollars.