VICI Properties (VICI) Expected to Announce Earnings on Thursday

VICI Properties (NYSE:VICI) is projected to post its quarterly earnings results after the market closes on Thursday, February 20th. Analysts expect VICI Properties to post earnings of $0.67 per share and revenue of $969.29 million for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

VICI Properties Stock Performance

Shares of VICI Properties stock opened at $30.37 on Wednesday. The firm has a market capitalization of $32.01 billion, a P/E ratio of 11.25, a P/E/G ratio of 3.80 and a beta of 0.95. VICI Properties has a 52 week low of $27.08 and a 52 week high of $34.29. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. The firm’s 50 day moving average is $29.63 and its two-hundred day moving average is $31.45.

VICI Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Tuesday, December 17th were paid a $0.4325 dividend. The ex-dividend date was Tuesday, December 17th. This represents a $1.73 annualized dividend and a yield of 5.70%. VICI Properties’s dividend payout ratio is currently 64.07%.

Wall Street Analysts Forecast Growth

VICI has been the topic of a number of research reports. JMP Securities restated a “market outperform” rating and set a $35.00 target price on shares of VICI Properties in a research report on Monday, January 27th. Mizuho lowered their target price on shares of VICI Properties from $33.00 to $30.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 8th. KeyCorp restated a “sector weight” rating on shares of VICI Properties in a research report on Tuesday, December 17th. Wedbush lowered shares of VICI Properties from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Finally, Barclays lowered their target price on shares of VICI Properties from $36.00 to $35.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 4th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.22.

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.