VICI Properties (VICI) to Release Earnings on Thursday

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

VICI Properties Stock Up 0.2 %

Shares of VICI opened at $32.84 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. VICI Properties has a one year low of $26.63 and a one year high of $34.29. The stock has a market capitalization of $34.26 billion, a price-to-earnings ratio of 12.98, a PEG ratio of 5.21 and a beta of 0.93. The stock has a 50 day moving average price of $32.97 and a 200 day moving average price of $30.49.

VICI Properties Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 18th were given a dividend of $0.4325 per share. This represents a $1.73 annualized dividend and a dividend yield of 5.27%. This is a boost from VICI Properties’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend was Wednesday, September 18th. VICI Properties’s payout ratio is presently 68.38%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Evercore ISI upped their target price on VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a report on Monday, September 16th. Wells Fargo & Company restated an “overweight” rating and issued a $36.00 target price (up from $33.00) on shares of VICI Properties in a report on Tuesday, October 1st. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock has an average 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.