VICI Properties Inc (NYSE:VICI) – Stock analysts at SunTrust Banks decreased their FY2018 earnings per share (EPS) estimates for VICI Properties in a research note issued on Wednesday, January 9th. SunTrust Banks analyst B. Jonas now expects that the company will earn $1.42 per share for the year, down from their prior forecast of $1.46. SunTrust Banks has a “Buy” rating and a $26.00 price objective on the stock. SunTrust Banks also issued estimates for VICI Properties’ Q4 2018 earnings at $0.36 EPS, Q1 2019 earnings at $0.37 EPS, Q2 2019 earnings at $0.37 EPS, Q3 2019 earnings at $0.40 EPS, Q4 2019 earnings at $0.41 EPS, FY2019 earnings at $1.54 EPS and FY2020 earnings at $1.64 EPS.
A number of other equities research analysts have also commented on VICI. Zacks Investment Research lowered VICI Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, November 7th. Goldman Sachs Group raised VICI Properties from a “neutral” rating to a “buy” rating and set a $23.00 price objective on the stock in a research note on Thursday. Nomura began coverage on VICI Properties in a research note on Wednesday, September 26th. They issued a “buy” rating and a $29.00 price objective on the stock. Robert W. Baird began coverage on VICI Properties in a research note on Wednesday, October 24th. They issued an “outperform” rating and a $26.00 price objective on the stock. Finally, Bank of America raised VICI Properties from a “neutral” rating to a “buy” rating and set a $23.00 price objective on the stock in a research note on Monday, October 15th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the company. VICI Properties currently has a consensus rating of “Buy” and a consensus price target of $23.57.
NYSE VICI opened at $20.30 on Thursday. VICI Properties has a 12 month low of $17.58 and a 12 month high of $22.99. The company has a debt-to-equity ratio of 0.66, a current ratio of 65.13 and a quick ratio of 65.13.
VICI Properties (NYSE:VICI) last released its quarterly earnings results on Thursday, November 1st. The company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.04). The business had revenue of $233.00 million during the quarter, compared to analysts’ expectations of $225.38 million.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 10th. Stockholders of record on Thursday, December 27th were paid a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a dividend yield of 5.67%. The ex-dividend date of this dividend was Wednesday, December 26th.
Hedge funds have recently bought and sold shares of the stock. Tower Research Capital LLC TRC acquired a new position in VICI Properties during the 2nd quarter worth approximately $120,000. First Hawaiian Bank acquired a new position in VICI Properties during the 3rd quarter worth approximately $120,000. US Bancorp DE acquired a new position in VICI Properties during the 3rd quarter worth approximately $142,000. United Services Automobile Association acquired a new position in VICI Properties during the 2nd quarter worth approximately $204,000. Finally, First Republic Investment Management Inc. acquired a new position in VICI Properties during the 3rd quarter worth approximately $235,000.
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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