The stock of VICI Properties Inc (NYSE:VICI) last traded at $32.62, up 2.10% from the previous session.
VICI stock price is now 9.42% away from the 50-day moving average and 6.00% away from the 200-day moving average. The market capitalization of the company currently stands at $34.46B.
With the price target of $36, Barclays recently initiated with Overweight rating for VICI Properties Inc (NYSE: VICI). On January 02, 2025, Wedbush Upgraded its previous ‘Neutral’ rating to ‘Outperform’ on the stock reducing its target price from $34 to quote $33, while ‘KeyBanc Capital Markets’ rates the stock as ‘Sector Weight’
In other news, Wasserman Gabriel, Chief Accounting Officer sold 12,500 shares of the company’s stock on Sep 12 ’24. The stock was sold for $420,125 at an average price of $33.61. Upon completion of the transaction, the Chief Accounting Officer now directly owns 33,187 shares in the company, valued at $1.08 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 15 ’24, Director ABRAHAMSON JAMES R bought 7,000 shares of the business’s stock. A total of $201,530 was incurred on buying the stock at an average price of $28.79. This leaves the insider owning 146,342 shares of the company worth $4.77 million. A total of 0.28% of the company’s stock is owned by insiders.
During the past 12 months, VICI Properties Inc has had a low of $27.00 and a high of $34.24.
The net profit margin was 69.59% and return on equity was 10.34% for VICI. The company reported revenue of $976.05 million for the quarter, compared to $931.87 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.74 percent. For the current quarter, analysts expect VICI to generate $982.16M in revenue.
