VICI Properties Inc (NYSE:VICI) CEO Edward Baltazar Pitoniak bought 15,200 shares of VICI Properties stock in a transaction dated Tuesday, August 13th. The stock was purchased at an average price of $21.29 per share, with a total value of $323,608.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
VICI stock opened at $20.57 on Friday. The company has a market capitalization of $9.79 billion, a P/E ratio of 14.38, a price-to-earnings-growth ratio of 1.73 and a beta of 0.86. The company has a debt-to-equity ratio of 0.51, a quick ratio of 179.91 and a current ratio of 179.91. VICI Properties Inc has a 52-week low of $17.64 and a 52-week high of $23.27. The business has a 50-day simple moving average of $21.66 and a two-hundred day simple moving average of $21.92.
VICI Properties (NYSE:VICI) last released its quarterly earnings results on Wednesday, July 31st. The company reported $0.37 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.37. The business had revenue of $220.75 million during the quarter, compared to the consensus estimate of $216.90 million. VICI Properties had a return on equity of 8.15% and a net margin of 64.39%. The company’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.35 EPS. As a group, sell-side analysts forecast that VICI Properties Inc will post 1.44 earnings per share for the current fiscal year.
Several brokerages have recently commented on VICI. Jefferies Financial Group began coverage on VICI Properties in a research note on Wednesday, April 24th. They issued a “buy” rating and a $27.00 target price for the company. Morgan Stanley set a $25.00 target price on VICI Properties and gave the company a “hold” rating in a research note on Tuesday, June 11th. Wells Fargo & Co upgraded VICI Properties from a “market perform” rating to an “outperform” rating and raised their target price for the company from $23.00 to $24.50 in a research note on Monday, July 1st. Goldman Sachs Group upgraded VICI Properties to a “buy” rating in a research note on Tuesday, June 11th. Finally, Zacks Investment Research upgraded VICI Properties from a “sell” rating to a “hold” rating in a research note on Thursday. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. VICI Properties currently has a consensus rating of “Buy” and a consensus price target of $25.32.
VICI Properties Company Profile
VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace. VICI Properties' national, geographically diverse portfolio consists of 22 gaming facilities comprising approximately 39 million square feet and features approximately 14,800 hotel rooms and approximately 150 restaurants, bars and nightclubs.
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