Wall Street analysts expect that VICI Properties Inc. (NYSE:VICI) will report sales of $374.32 million for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have issued estimates for VICI Properties’ earnings. The highest sales estimate is $381.27 million and the lowest is $368.44 million. VICI Properties posted sales of $339.65 million during the same quarter last year, which would indicate a positive year over year growth rate of 10.2%. The company is scheduled to announce its next earnings results after the market closes on Wednesday, October 27th.
According to Zacks, analysts expect that VICI Properties will report full year sales of $1.51 billion for the current year, with estimates ranging from $1.49 billion to $1.55 billion. For the next year, analysts forecast that the firm will post sales of $2.02 billion, with estimates ranging from $1.51 billion to $2.43 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side analysts that follow VICI Properties.
VICI Properties (NYSE:VICI) last posted its earnings results on Wednesday, July 28th. The company reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.07. VICI Properties had a return on equity of 13.16% and a net margin of 85.88%.
A number of large investors have recently bought and sold shares of the business. Parallel Advisors LLC boosted its position in VICI Properties by 22.1% in the 2nd quarter. Parallel Advisors LLC now owns 2,115 shares of the company’s stock valued at $66,000 after buying an additional 383 shares during the last quarter. IFM Investors Pty Ltd lifted its position in shares of VICI Properties by 0.7% during the third quarter. IFM Investors Pty Ltd now owns 67,887 shares of the company’s stock worth $1,929,000 after purchasing an additional 487 shares during the last quarter. NTV Asset Management LLC lifted its position in shares of VICI Properties by 6.5% during the second quarter. NTV Asset Management LLC now owns 8,150 shares of the company’s stock worth $253,000 after purchasing an additional 500 shares during the last quarter. LPL Financial LLC lifted its position in shares of VICI Properties by 0.7% during the second quarter. LPL Financial LLC now owns 71,439 shares of the company’s stock worth $2,216,000 after purchasing an additional 521 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of VICI Properties by 2.3% during the second quarter. PNC Financial Services Group Inc. now owns 26,570 shares of the company’s stock worth $825,000 after purchasing an additional 597 shares during the last quarter.
VICI stock traded up $0.21 on Wednesday, reaching $29.90. The company had a trading volume of 4,308,115 shares, compared to its average volume of 5,526,576. VICI Properties has a 1 year low of $22.13 and a 1 year high of $33.35. The company has a market cap of $18.00 billion, a P/E ratio of 12.85, a PEG ratio of 2.21 and a beta of 1.06. The company’s fifty day moving average is $29.97 and its 200 day moving average is $30.60. The company has a debt-to-equity ratio of 0.70, a quick ratio of 8.88 and a current ratio of 8.88.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 7th. Shareholders of record on Friday, September 24th were given a $0.36 dividend. This is a boost from VICI Properties’s previous quarterly dividend of $0.33. This represents a $1.44 dividend on an annualized basis and a yield of 4.82%. The ex-dividend date of this dividend was Thursday, September 23rd. VICI Properties’s dividend payout ratio is presently 87.80%.
VICI Properties Company Profile
VICI Properties, Inc is a real estate investment trust, which owns, acquires and develops gaming, hospitality and entertainment properties. It operates through the following segments: Real Property Business and Golf Course Business. The Real Property Business segment consists of leased real property.
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