VICI Properties (VICI) to Release Quarterly Earnings on Wednesday

VICI Properties (NYSE:VICI) will be issuing its quarterly earnings data after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.56 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

VICI Properties Stock Up 1.9 %

VICI Properties stock opened at $28.58 on Wednesday. VICI Properties has a fifty-two week low of $26.63 and a fifty-two week high of $34.05. The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.97 and a current ratio of 2.97. The company has a market cap of $29.81 billion, a PE ratio of 11.52, a PEG ratio of 6.27 and a beta of 0.90. The business’s 50-day simple moving average is $29.08 and its two-hundred day simple moving average is $29.62.

VICI Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Thursday, March 21st were paid a $0.415 dividend. The ex-dividend date was Wednesday, March 20th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 5.81%. VICI Properties’s payout ratio is 66.94%.

Analyst Ratings Changes

VICI has been the topic of a number of recent research reports. Mizuho lowered their target price on VICI Properties from $34.00 to $31.00 and set a “buy” rating on the stock in a research note on Thursday, March 7th. Wells Fargo & Company reduced their price target on VICI Properties from $34.00 to $32.00 and set an “overweight” rating for the company in a report on Wednesday, March 6th. Finally, Morgan Stanley upped their price target on VICI Properties from $32.00 to $33.00 and gave the stock an “equal weight” rating in a report on Monday, March 18th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, VICI Properties has a consensus rating of “Moderate Buy” and an average target price of $34.36.

Insider Buying and Selling

In other VICI Properties news, Director James R. Abrahamson acquired 3,000 shares of the stock in a transaction that occurred on Thursday, March 14th. The stock was bought at an average cost of $28.85 per share, for a total transaction of $86,550.00. Following the completion of the transaction, the director now owns 139,342 shares of the company’s stock, valued at approximately $4,020,016.70. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.25% of the stock is currently owned by company insiders.

VICI Properties Company Profile

VICI 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.