VICI Properties (VICI) Expected to Announce Earnings on Thursday

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

VICI Properties Stock Performance

Shares of VICI opened at $30.37 on Wednesday. The business’s fifty day moving average price is $29.63 and its 200 day moving average price is $31.45. VICI Properties has a 12-month low of $27.08 and a 12-month high of $34.29. The stock has a market capitalization of $32.01 billion, a PE ratio of 11.25, a price-to-earnings-growth ratio of 3.80 and a beta of 0.95. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61.

VICI Properties Announces Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Wedbush lowered VICI Properties from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Barclays dropped their target price on VICI Properties from $36.00 to $35.00 and set an “overweight” rating on the stock in a research report 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 report on Tuesday, January 14th. JMP Securities reissued a “market outperform” rating and set a $35.00 price target on shares of VICI Properties in a report on Monday, January 27th. Finally, KeyCorp reissued a “sector weight” rating on shares of VICI Properties in a report on Tuesday, December 17th. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average 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.