VICI Properties (VICI) Expected to Announce Quarterly Earnings on Thursday

VICI Properties (NYSE:VICI) is projected to post its 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 that are interested in participating in the company’s earnings conference call can do so using this link.

VICI Properties Stock Performance

NYSE:VICI opened at $29.82 on Thursday. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. The firm 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 has a 50 day simple moving average of $29.71 and a 200-day simple moving average of $31.47. VICI Properties has a 1-year low of $27.08 and a 1-year high of $34.29.

VICI Properties Dividend Announcement

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

Analysts Set New Price Targets

VICI has been the topic of several analyst reports. Mizuho decreased their price objective on VICI Properties from $33.00 to $30.00 and set an “outperform” rating on the stock in a report on Wednesday, January 8th. JMP Securities reissued a “market outperform” rating and set a $35.00 price objective on shares of VICI Properties in a research note on Monday, January 27th. Barclays dropped their price objective on VICI Properties from $36.00 to $35.00 and set an “overweight” rating for the company in a report on Tuesday, February 4th. Truist Financial reduced their target price on VICI Properties from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Finally, KeyCorp restated a “sector weight” rating on shares of VICI Properties in a research note on Tuesday, December 17th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.