VICI Properties (VICI) to Release Earnings on Thursday

VICI Properties (NYSE:VICI) is set to release its earnings data after the market closes on Thursday, October 31st. Analysts expect VICI Properties to post earnings of $0.56 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

VICI Properties Price Performance

VICI stock opened at $32.84 on Thursday. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.31 and a quick ratio of 2.31. The firm has a market capitalization of $34.26 billion, a P/E ratio of 12.98, a P/E/G ratio of 5.21 and a beta of 0.93. The business’s 50-day moving average is $32.97 and its two-hundred day moving average is $30.49. VICI Properties has a 1 year low of $26.63 and a 1 year high of $34.29.

VICI Properties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Wednesday, September 18th were given a $0.4325 dividend. The ex-dividend date was Wednesday, September 18th. This represents a $1.73 dividend on an annualized basis and a yield of 5.27%. This is a positive change from VICI Properties’s previous quarterly dividend of $0.42. VICI Properties’s dividend payout ratio (DPR) is currently 68.38%.

Analyst Ratings Changes

VICI has been the topic of a number of analyst reports. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $36.00 price target (up previously from $33.00) on shares of VICI Properties in a research report on Tuesday, October 1st. Evercore ISI increased their price target on VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $34.00.

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.