VICI Properties Inc. (NYSE:VICI - Get Free Report) has been given an average recommendation of "Moderate Buy" by the twelve research firms that are presently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $35.07.
Several equities analysts recently weighed in on VICI shares. Barclays raised their target price on shares of VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a research note on Tuesday, March 4th. Truist Financial upped their target price on shares of VICI Properties from $35.00 to $38.00 and gave the company a "buy" rating in a report on Wednesday, April 23rd. Robert W. Baird boosted their price target on VICI Properties from $35.00 to $36.00 and gave the stock an "outperform" rating in a research report on Thursday, May 1st. JMP Securities reiterated a "market outperform" rating and set a $35.00 target price on shares of VICI Properties in a research note on Monday, January 27th. Finally, Mizuho increased their price target on VICI Properties from $30.00 to $34.00 and gave the company an "outperform" rating in a research note on Thursday, April 3rd.
Check Out Our Latest Stock Analysis on VICI Properties
VICI Properties Trading Down 0.3 %
VICI Properties stock opened at $31.57 on Friday. VICI Properties has a 12 month low of $27.53 and a 12 month high of $34.29. The stock has a market cap of $33.36 billion, a price-to-earnings ratio of 12.33, a price-to-earnings-growth ratio of 3.88 and a beta of 0.74. The business has a 50 day moving average price of $31.82 and a two-hundred day moving average price of $31.10. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63.
VICI Properties (NYSE:VICI - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $0.58 EPS for the quarter, hitting the consensus estimate of $0.58. The business had revenue of $984.20 million during the quarter, compared to the consensus estimate of $976.51 million. VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. VICI Properties's revenue was up 3.4% on a year-over-year basis. During the same quarter last year, the company earned $0.56 EPS. As a group, equities analysts forecast that VICI Properties will post 2.31 EPS for the current year.
VICI Properties Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th were given a dividend of $0.4325 per share. The ex-dividend date was Thursday, March 20th. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.48%. VICI Properties's payout ratio is 69.20%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of VICI. Transce3nd LLC bought a new stake in shares of VICI Properties during the 4th quarter worth approximately $28,000. Wayfinding Financial LLC bought a new position in shares of VICI Properties in the 1st quarter valued at $29,000. CoreCap Advisors LLC raised its holdings in shares of VICI Properties by 5,555.6% during the 4th quarter. CoreCap Advisors LLC now owns 1,018 shares of the company's stock worth $30,000 after buying an additional 1,000 shares in the last quarter. Venturi Wealth Management LLC boosted its stake in VICI Properties by 64.1% in the fourth quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company's stock valued at $32,000 after buying an additional 431 shares in the last quarter. Finally, Kestra Investment Management LLC bought a new position in VICI Properties in the fourth quarter valued at about $33,000. Institutional investors and hedge funds own 97.71% of the company's stock.
VICI Properties Company Profile
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Get Free ReportVICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.
Further Reading
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