VICI Properties (VICI) Projected to Post Earnings on Thursday

VICI Properties (NYSE:VICI) is expected to release its earnings data 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. Investors that wish to listen to the company’s conference call can do so using this link.

VICI Properties Price Performance

NYSE VICI opened at $29.82 on Thursday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. The company has a market cap of $31.44 billion, a PE ratio of 11.04, a P/E/G ratio of 3.80 and a beta of 0.95. The firm’s 50 day moving average price is $29.71 and its 200-day moving average price is $31.47. VICI Properties has a 52-week low of $27.08 and a 52-week high of $34.29.

VICI Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.4325 per share. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $1.73 annualized dividend and a dividend yield of 5.80%. VICI Properties’s dividend payout ratio is presently 64.07%.

Wall Street Analysts Forecast Growth

VICI has been the subject of several research analyst reports. Mizuho reduced their price objective on VICI Properties from $33.00 to $30.00 and set an “outperform” rating for the company in a research note on Wednesday, January 8th. Wedbush lowered shares of VICI Properties from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Barclays dropped their price target on shares of VICI Properties from $36.00 to $35.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 4th. Truist Financial lowered their price target on VICI Properties from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Finally, KeyCorp reiterated a “sector weight” rating on shares of VICI Properties in a report on Tuesday, December 17th. Three 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 currently has a consensus rating of “Moderate Buy” and an average target price of $34.22.

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.