VICI Properties Inc (NYSE:VICI) shares traded 1.60% higher at $29.22 on Wall Street last session.
In accordance with the data, 20 analysts cover VICI Properties Inc (NYSE:VICI). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $43.00 and a low of $30.00, we find $35.50. Given the previous closing price of $28.76, this indicates a potential upside of 23.44 percent. VICI stock price is now 1.69% away from the 50-day moving average and -6.17% away from the 200-day moving average. The market capitalization of the company currently stands at $30.23B.
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It has been rated a hold by 2 analysts and a buy by 14. Brokers who have rated the stock have averaged $35.45 as their price target over the next twelve months.
With the price target of $31, Wedbush recently initiated with Neutral rating for VICI Properties Inc (NYSE: VICI).
Insiders disposed of 120,659 shares of company stock worth roughly $3.53 million over the past 1 year. A total of 0.34% of the company’s stock is owned by insiders.
VICI Properties Inc (NYSE: VICI) opened at $28.66 on Tuesday. During the past 12 months, VICI Properties Inc has had a low of $26.62 and a high of $35.07. According to the stock market information, the enterprise value for the company is $47.26B, which is based on a 12.29 price-to-earnings ratio, a 1.95 price-to-earnings-growth ratio, and a beta of 0.97. The fifty day moving average price for VICI is $28.74 and a two-hundred day moving average price translates $31.14 for the stock.
The latest earnings results from VICI Properties Inc (NYSE: VICI) was released for Sep, 2023. According to the REIT – Diversified Company, earnings per share came in at $0.55, missing analysts’ expectations of $0.63 by -0.08. This compares to $0.34 EPS in the same period last year. The net profit margin was 68.69% and return on equity was 10.33% for VICI. The company reported revenue of $904.32 million for the quarter, compared to $751.54 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 20.33 percent. For the current quarter, analysts expect VICI to generate $922.49M in revenue.
