VICI Properties Inc. (NYSE:VICI – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the nine ratings firms that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $33.56.
VICI has been the topic of several research analyst reports. Evercore ISI boosted their price objective on VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a report on Monday, September 16th. Morgan Stanley reissued an “equal weight” rating and issued a $33.00 price objective on shares of VICI Properties in a research report on Friday, June 21st.
View Our Latest Report on VICI Properties
Institutional Investors Weigh In On VICI Properties
VICI Properties Price Performance
VICI Properties stock opened at $33.04 on Thursday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.31 and a current ratio of 2.31. The company has a market capitalization of $34.60 billion, a price-to-earnings ratio of 13.06, a price-to-earnings-growth ratio of 5.23 and a beta of 0.94. The company’s 50 day simple moving average is $32.29 and its 200-day simple moving average is $30.01. VICI Properties has a 1 year low of $26.63 and a 1 year high of $34.29.
VICI Properties Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 3rd. Shareholders of record on Wednesday, September 18th will be issued a dividend of $0.4325 per share. This is a positive change from VICI Properties’s previous quarterly dividend of $0.42. The ex-dividend date is Wednesday, September 18th. This represents a $1.73 annualized dividend and a dividend yield of 5.24%. VICI Properties’s dividend payout ratio (DPR) is presently 68.38%.
About VICI Properties
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.
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