Brokerages predict that VICI Properties Inc (NYSE:VICI) will report earnings per share (EPS) of $0.37 for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for VICI Properties’ earnings. The lowest EPS estimate is $0.36 and the highest is $0.37. The company is expected to issue its next quarterly earnings results on Thursday, November 1st.

On average, analysts expect that VICI Properties will report full-year earnings of $1.50 per share for the current year, with EPS estimates ranging from $1.49 to $1.51. For the next year, analysts anticipate that the business will report earnings of $1.72 per share, with EPS estimates ranging from $1.70 to $1.76. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that follow VICI Properties.

VICI Properties (NYSE:VICI) last announced its earnings results on Thursday, August 2nd. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.01. The business had revenue of $221.00 million for the quarter, compared to analyst estimates of $214.19 million.

Several analysts have recently weighed in on VICI shares. Morgan Stanley raised their target price on VICI Properties from $22.00 to $23.00 and gave the company a “hold” rating in a research note on Tuesday, July 24th. Zacks Investment Research upgraded VICI Properties from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a research note on Friday, June 22nd. Citigroup started coverage on VICI Properties in a research note on Thursday, August 2nd. They set a “neutral” rating and a $22.00 target price for the company. Credit Suisse Group started coverage on VICI Properties in a research note on Tuesday, August 14th. They set an “outperform” rating and a $24.00 target price for the company. Finally, Wells Fargo & Co started coverage on VICI Properties in a research note on Wednesday, July 11th. They set a “market perform” rating and a $22.00 target price for the company. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $22.27.

Large investors have recently bought and sold shares of the stock. American International Group Inc. acquired a new position in VICI Properties in the first quarter valued at approximately $106,000. Tower Research Capital LLC TRC acquired a new position in VICI Properties in the second quarter valued at approximately $120,000. Comerica Bank acquired a new position in VICI Properties in the first quarter valued at approximately $200,000. Shepherd Kaplan Krochuk LLC acquired a new position in VICI Properties in the first quarter valued at approximately $202,000. Finally, Oppenheimer Asset Management Inc. acquired a new position in VICI Properties in the first quarter valued at approximately $204,000. Institutional investors and hedge funds own 99.79% of the company’s stock.

Shares of VICI Properties stock opened at $21.43 on Friday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 152.87 and a current ratio of 152.87. VICI Properties has a 1-year low of $17.58 and a 1-year high of $22.99.

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 11th. Investors of record on Friday, September 28th will be paid a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a yield of 5.37%. This is an increase from VICI Properties’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Thursday, September 27th.

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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