VICI Properties (VICI) to Release Quarterly Earnings on Thursday

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VICI Properties (NYSE:VICI) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, November 1st. Analysts expect the company to announce earnings of $0.38 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

VICI Properties (NYSE:VICI) last posted its earnings results on Thursday, August 2nd. The company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.01. The company had revenue of $221.00 million for the quarter, compared to the consensus estimate of $214.19 million. On average, analysts expect VICI Properties to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

NYSE VICI opened at $21.51 on Wednesday. VICI Properties has a fifty-two week low of $17.58 and a fifty-two week high of $22.99. The company has a debt-to-equity ratio of 0.67, a current ratio of 152.87 and a quick ratio of 152.87.

The business also recently announced a quarterly dividend, which was paid on Thursday, October 11th. Shareholders of record on Friday, September 28th were paid a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a dividend yield of 5.35%. The ex-dividend date was Thursday, September 27th. This is a boost from VICI Properties’s previous quarterly dividend of $0.26.

VICI has been the topic of a number of research reports. Morgan Stanley boosted their target price on shares of VICI Properties from $22.00 to $23.00 and gave the stock a “hold” rating in a research note on Tuesday, July 24th. Robert W. Baird initiated coverage on shares of VICI Properties in a research note on Wednesday, October 24th. They set an “outperform” rating and a $26.00 target price on the stock. Nomura initiated coverage on shares of VICI Properties in a research note on Wednesday, September 26th. They set a “buy” rating and a $29.00 target price on the stock. Bank of America raised shares of VICI Properties from a “neutral” rating to a “buy” rating and set a $23.00 target price on the stock in a research note on Monday, October 15th. Finally, Zacks Investment Research cut shares of VICI Properties from a “buy” rating to a “hold” rating in a research note on Tuesday, October 16th. Six investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $23.23.

VICI Properties Company Profile

VICI Properties Inc, an asset real estate investment trust, owns, acquires, and develops gaming, hospitality, and entertainment destinations in the United States. It operates through two segments, Real Property Business and Golf Course Business. The company's property portfolio includes 20 gaming facilities comprising approximately 36 million square feet, as well as approximately 14,500 hotel rooms, 150 restaurants, bars, and nightclubs.

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