Equities research analysts forecast that VICI Properties Inc (NYSE:VICI) will announce $237.67 million in sales for the current quarter, according to Zacks Investment Research. Five analysts have issued estimates for VICI Properties’ earnings, with the lowest sales estimate coming in at $231.70 million and the highest estimate coming in at $251.00 million. The firm is expected to issue its next earnings results on Thursday, February 7th.
On average, analysts expect that VICI Properties will report full year sales of $909.60 million for the current fiscal year, with estimates ranging from $904.30 million to $923.00 million. For the next fiscal year, analysts forecast that the firm will post sales of $1.01 billion, with estimates ranging from $939.00 million to $1.07 billion. Zacks’ sales calculations are a mean average based on a survey of research analysts that follow VICI Properties.
VICI Properties (NYSE:VICI) last released its earnings results on Thursday, November 1st. The company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.04). The business had revenue of $233.00 million for the quarter, compared to analyst estimates of $225.38 million.
Several large investors have recently added to or reduced their stakes in VICI. Canyon Capital Advisors LLC boosted its position in VICI Properties by 0.6% during the second quarter. Canyon Capital Advisors LLC now owns 45,561,818 shares of the company’s stock worth $938,255,000 after purchasing an additional 260,000 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of VICI Properties by 10.2% in the third quarter. Vanguard Group Inc. now owns 37,977,024 shares of the company’s stock valued at $821,063,000 after purchasing an additional 3,525,855 shares during the period. Vanguard Group Inc grew its position in VICI Properties by 10.2% in the third quarter. Vanguard Group Inc now owns 37,977,024 shares of the company’s stock worth $821,063,000 after buying an additional 3,525,855 shares during the last quarter. Cohen & Steers Inc. boosted its stake in shares of VICI Properties by 29.2% during the 3rd quarter. Cohen & Steers Inc. now owns 24,864,335 shares of the company’s stock valued at $537,567,000 after buying an additional 5,624,131 shares during the period. Finally, BlackRock Inc. increased its holdings in shares of VICI Properties by 50.0% during the 3rd quarter. BlackRock Inc. now owns 20,175,393 shares of the company’s stock worth $436,194,000 after purchasing an additional 6,726,335 shares during the period.
Shares of NYSE:VICI traded up $0.06 on Friday, hitting $20.36. The company had a trading volume of 24,875 shares, compared to its average volume of 4,091,238. The company has a current ratio of 65.13, a quick ratio of 65.13 and a debt-to-equity ratio of 0.66. VICI Properties has a 1-year low of $17.58 and a 1-year high of $22.99.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 10th. Stockholders of record on Thursday, December 27th were given a $0.2875 dividend. This represents a $1.15 annualized dividend and a dividend yield of 5.65%. The ex-dividend date of this dividend was Wednesday, December 26th.
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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