VICI Properties (VICI) to Release Quarterly 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 that wish to register for the company’s earnings conference call can do so using this link.

VICI Properties Stock Down 0.2 %

VICI opened at $32.29 on Wednesday. The firm’s 50-day simple moving average is $33.01 and its 200-day simple moving average is $30.61. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.31 and a current ratio of 2.31. VICI Properties has a twelve month low of $26.63 and a twelve month high of $34.29. The firm has a market cap of $33.68 billion, a price-to-earnings ratio of 12.76, a PEG ratio of 5.04 and a beta of 0.93.

VICI Properties Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 18th were issued a $0.4325 dividend. This is a positive change from VICI Properties’s previous quarterly dividend of $0.42. The ex-dividend date was Wednesday, September 18th. This represents a $1.73 annualized dividend and a dividend yield of 5.36%. VICI Properties’s dividend payout ratio is presently 68.38%.

Analysts Set New Price Targets

Several brokerages recently issued reports on VICI. Wells Fargo & Company reiterated an “overweight” rating and set 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 upped their price target on shares of VICI Properties from $36.00 to $37.00 and gave the stock 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 given a buy rating to the company. According to data from MarketBeat, the company 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.