8-K. (NYSE:VICI) Q3 2023 Earnings Call Transcript October 26, 2023 Operator: Good day, ladies and gentlemen, and thank you for standing by. The market punished Verizon in 2023 and it's now too cheap to pass up. made Las Vegas strip its moat. This gives BTI stock a yield of 8. In VICI's case, because the retained earnings of $1. Looking at the total insider shareholdings in a company can help to inform your view of whether they are. The main competitors of Realty Income include Simon Property Group (SPG), Kimco Realty (KIM), Digital Realty Trust (DLR), Crown Castle (CCI), VICI Properties (VICI), Public Storage (PSA), Welltower (WELL), Extra Space Storage (EXR), SBA Communications (SBAC), and AvalonBay Communities (AVB). In 2022, VICI's revenue was $2. The last reported Earnings numbers were from . 79%. Research VICI Properties' (NYSE:VICI) stock key valuation metrics while comparing it with its industry peers & market side by side. View which stocks are hot on social media with MarketBeat's trending stocks report. 415/share quarterly dividend, 6. 10% most volatile stocks in US Market. S. 3M vs. (NYSE: VICI) (“VICI”), an experiential real estate investment trust, today announced the tax treatment of the 2022 distributions on VICI’s common stock (CUSIP #925652109), as well as the tax treatment of the 2022 distributions of MGM Growth Properties LLC (formerly NYSE: MGP) (“MGP”) on. 2B making its interest coverage ratio 4. VICI Properties (NYSE:VICI) is on watch next week after Union Gaming called out the compelling opportunity for investors in a late note yesterday. 88M. Operator: Good day, ladies and gentlemen. 97. The latest price target for . Get the latest VICI Properties Inc (VICI) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. Mkt Cap: US$29. $29. The 52 week high of VICI is $35. The hospitality and entertainment-focused REIT now expects 2022 adjusted FFO per share of $1. Earnings vs Market: VICI's earnings (7. Source Headline; Citigroup Inc. Vici Properties (NYSE:VICI) said on Tuesday it provided $140. prior range of $1. 67%) are recommending VICI as a Strong Buy, 2 (33. Since then, VICI shares rose by 17. VICI Properties Inc (NYSE:VICI) recently announced a dividend of $0. 7%. The analyst firm set a price target for $34. VICI Properties Inc. NYSE: VICI Vici Properties. Forward yield 4. 6%. VICI currently trades at c. 5, Negative Sentiment > -1. Total revenues. VICI Properties ( VICI ) stock. Stable Share Price: VICI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week. 24 at 9:00 AM ET. Mkt Cap: US$29. But the dominant owner of casino real estate continues attracting a crowd on Wall Street. Ivan Grabilin. Total revenues were $877. NEW YORK, June 29, 2023--VICI Properties Inc. The latest VICI dividend of $0. 6 analysts, 1 (16. 87. Its current portfolio of assets is of such high quality, even if VICI stopped expanding and just kept on. 2023 was 0. 03-$0. VICI Properties Inc (NYSE: VICI) has a higher price-to-earnings ratio of 12. 1% i n Monday after-hours trading. 22. 35 per share. Comparatively, Alexandria Real Estate Equities has a beta of 1. VICI Properties ( NYSE: VICI) has something, not too many other REITs have - a wide moat. The shares will be offered on a forward basis. 390. It is a Real Estate Investment Trust "REIT" that specializes in leasing properties to gaming. Today's Change (0. 45%) $0. VICI Q1-23 Investor Presentation Its Peers: A Comparison. 23. REXR 1. I will examine the company's. The above table shows the PE ratio for VICI vs its peers. 1x price/FFO with a dividend yield of 4. (NYSE:VICI) marketbeat. 57 billion, a P/E ratio of 11. 39/share quarterly dividend, in line with previous. 00. 28 $31. P. 39 per share. According to 6 analyst offering 12-month price targets in the last 3 months, VICI Props has an average price target of $37. 5, Neutral Sentiment > -0. Sei Investments Co. 13 on. 20 million during the quarter, compared to the consensus estimate of $410. VICI Properties is a reliable stock for passive income in retirement, with increasing quarterly dividends and potential for capital appreciation. The mean of analysts' price targets for VICI Properties Inc. 07% Price Target $35. VICI Properties (NYSE:VICI) dividend yield is 5. 07 Volume 4. VICI stock currently trades at 15x AFFO which is roughly where it has traded historically since its IPO in 2018. VICI Properties (NYSE:VICI) VICI is a triple-net REIT that invests in experiential real estate with a portfolio of leading gaming, hospitality, and entertainment destinations. 56 Yield (FWD) 4. Placing a bet is a. Now compare that to the net lease casino properties owned by VICI. -0. As of the 2Q23 report, the company owns 50 properties and 4 golf courses, from 11 tenants with. The latest price target for VICI Props ( NYSE: VICI) was reported by JMP Securities on Monday, October 16, 2023. Vici Properties (VICI 1. NEW YORK, March 09, 2023--VICI Properties Inc. 3 times AFFO and a 7% dividend yield. The main competitors of Crown Castle include SBA Communications (SBAC), Public Storage (PSA), Welltower (WELL), Simon Property Group (SPG), Realty Income (O), VICI Properties (VICI), Extra Space Storage (EXR), AvalonBay Communities (AVB), Equity Residential (EQR), and Iron Mountain (IRM). 82% from the latest price. High Growth Earnings: VICI's earnings are forecast to grow, but not significantly. NEW YORK--(BUSINESS WIRE)--VICI Properties Inc. VICI Properties, the leading gaming REIT and owner of iconic assets like Caesar's Palace, The Venetian, MGM Grand, and Mandalay Bay, provides investors with a unique opportunity. VICI Properties Inc. When we. 5 million square feet, and 58,751. Compare VICI’s 2023 guidance to what you are hearing from other REITs, especially other S&P 500 REITs, which is generally 2023 AFFO growth guidance in the low single digits. com . 57 generated $11. VICI Properties saw a decline in short interest in the month of October. VICI Properties ( NYSE: VICI) trades at a higher forward EBITDA/EV multiple than Gaming and Leisure Properties ( NASDAQ: GLPI) - 20. VICI Properties is an experiential real estate. Buying or selling a stock that’s not traded in your local currency? Don’t let the currency conversion trip you up. 45%. When I first heard of VICI Properties Inc. 9% cap rate, I ascribe a 6. 7X. Alina555. FFO (FWD) 1. Compare growth, profitability, and valuation metrics on VICI and GLPI. The stock price of VICI Properties is $28. 40% per year. . VICI stock currently trades at 15x AFFO which is roughly where it has traded historically since its IPO in 2018. I believe VICI's management. 9%, 9. 45%). (NYSE: VICI) ("VICI Properties" or "VICI") announced jointly today that they have entered. Analyst Future Growth Forecasts. VICI Properties (VICI, $27. NEW YORK, December 01, 2022--Blackstone Real Estate Income Trust, Inc. Its market cap has decreased by -3. It offers a quick snapshot of a stock's valuation in. 58 USD. 57 generated $11. VICI Properties ( NYSE: VICI) closed on its previously announced acquisition of MGM Growth Properties ( MGP) on Friday, making it the largest owner of hotel and conference real estate in America. Current Price. Earlier, Vici Properties ( VICI ) FFO of $0. 61% (As of Today), Highest Dividend Payout Ratio of VICI. $28. VICI Properties Inc. 2. The. So the risk of vacancy is much lower. The $11. Analyst Future Growth Forecasts. EPR Properties has a dividend yield of 8. A steady cash flowing base and excellent balance. NYSE:VICI Past Earnings Growth March 2nd 2023. The dividend distribution stands at $1. 00 to $175. 20th floor. just around 9 for other net lease REITs like Realty Income. 9% interest in the MGM Grand Las Vegas and Mandalay Bay joAbout 4 hours ago. 84 million. Select a stock. 68, a quick ratio of 2. 5 million for the quarter ended September 30, 2022. 03 in the last 3 raises but I'm expecting a $0. VICI Properties ( NYSE: VICI) is a REIT that specializes in leasing gaming and entertainment properties. balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. "While it's still early and the recovery timeline. The company reported $0. 6. Real estate investment trust VICI Properties ( VICI 0. 125. Compare the PEAK graph to the previous graph for VICI. SEC filings breakout by MarketWatch. 10%. 36%. VICI Properties ( VICI -0. VICI Properties (NYSE:VICI) has performed very well since my last bullish take on the stock in September of last year, posting a total return of 41%, far. According to 9 stock analysts, the average 12-month stock price forecast for VICI stock stock is $35. VICI Properties (NYSE: VICI) made a huge bet last year. I will analyze VICI Properties using my methodology for analyzing dividend growth stocks. 39/share quarterly dividend, 8. 03. VICI 's annual dividend yield is 5. 7 billion in available liquidity with $144 million in cash, $20 million in short term investments, and $1 billion available through the REIT's revolving credit facility. 2%. The current P/E ratio of 11. In a deal valued at $5. and a 36-month beta value of 0. A high-level overview of VICI Properties Inc. 63%. NEW YORK, May 17, 2023--VICI Properties Inc. 1-Year Change. 10. Today's Change (1. 2 billion merger with fellow gaming REIT MGM Growth Properties. Market cap is calculated by taking a company's price per share and multiplying it by the company's total number of shares outstanding. com - November 20 at 6:23 AM Boston Partners Increases Position in VICI Properties Inc. The portfolio is comprised of approximately 125 million square feet and features approximately 60,300 hotel rooms and approximately 500. Select a currency. 26. Webull offers VICI Ent Holdg (VICI) historical stock prices, in-depth market analysis, NYSE: VICI real-time stock quote data, in-depth charts, free VICI options chain data, and a fully built financial calendar to help you invest smart. VICI Props (NYSE: VICI) was reported by JMP Securities on October 16, 2023. 76% year over year. The management is ahead of institutional money which will unlock shareholder value. 69%) Buy VICI Properties Stock. 7% is in. 7% compared to $416. Unlike most REITs. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. Wall Street Analysts Believe VICI Properties Inc. 4150 per share was made to shareholders on Thursday, October 5, 2023. The Rating Outlook is Stable. 5; for shareholders of record Dec. 64 per share. VICI Properties now has 49 gaming facilities, with 124 million square feet and over 59,000 hotel rooms. Fiscal Year-end 12/2023. The firm owned 1,423,292 shares of the company's stock after. 08M), Capital World Investors ($11. 35 in value is calculated as the average share price from 2022 minus the average share price in 2018. When was VICI Properties's most recent ex-dividend date? VICI Properties's most recent ex-dividend date was Wednesday, September 20, 2023. NYSE:VICI VICI Properties (VICI) Competitors $27. Health. VICI Properties is experiencing a sell-off in the REIT sector, causing its stock price to drop to a new 52-week low. VICI Properties Inc. 86 and a beta of 0. 4M while revenue increased 36%, both beating the Wall Street consensus. The consensus among . 4% per year. Vici Properties 's dividend is lower than the US industry average of 7. VICI Properties offers yield-focused investors a whopping 4. Fiscal Q3 2023 ended 9/30/23. With the company’s per share price at $28. Market Cap / Employee. 65 per share. VICI Properties Inc. The stock spiked 1. Research VICI Properties' (NYSE:VICI) stock key valuation metrics while comparing it with its industry peers & market side by side. The proceeds of the transaction were split 75% to VICI and 25% to Caesars, while the annual base rent payments under the Regional Master Lease between Caesars and VICI remain unchanged. In the last trading session, 5. The market cap of a. (VICI) By: Liz Kiesche, SA News Editor 6 Comments Vici Properties' ( NYSE: VICI ) guidance for 2020 adjusted FFO per share of $1. 12. Insider Monkey Transcripts. Price to FFO 2023 est. Market Cap / Employee. As of October 31st, there was short interest totaling 13,490,000 shares, a decline of 37. analyst ratings, historical stock prices, earnings estimates & actuals. Unlike most REITs. VICI Properties stock scores the Street’s Strong Buy consensus rating based on 10 unanimous Buys. (NYSE:VICI) Shares Bought by BROOKFIELD Corp ON marketbeat. $29B. 52 Div Rate (FWD) $1. 84 vs. Last year was a transformational period for VICI Properties (VICI 4. (NYSE:VICI) in April with a Buy rating and a $35 price target. 12M May 01, 2023 4:17 PM ET VICI Properties Inc. . This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VICI stock will trade within this expected range on the day. stock information by Barron's. 30x, respectively - implying that (1) Las Vegas Strip. According to the issued ratings of 10 analysts in the last year, the consensus rating for VICI Properties stock is Moderate Buy based on the current 3 hold ratings and 7 buy ratings for VICI. 90 – a decrease of 0. . Current Price. 12 / -0. 5X. is a gaming, hospitality, and entertainment REIT that invests in gaming facilities/casinos, hotels, etc. P/E Ratio. This gives BTI stock a yield of 8. 43%, and it has moved by -1. Verizon. 62 is 36% lower than the historical average. 49B. The company expects its adjusted FFO to grow to a range of $2. VICI Properties Inc. That implies $2. 12 Visible Alpha consensus. 10% least volatile stocks in US Market. Last summer, I rated VICI as a "Hold" due to shares having risen. These acquisitions are the latest move by the management team in a. $30. 1% increase from the current rate, as it announced a deal to buy MGM Growth Properties LLC (MGP. 2M in Q4 2021. Its last market close was $28. The 5-year average annualized dividend growth rate of VICI Props is 7. 3M Beats $898. Vici Properties (NYSE:VICI) increased its guidance for 2023 FFO per share after Q3 earnings topped the average analyst estimate by a penny. Earnings. 51 50-Day. ( NYSE: VICI) investors have suffered a torrid year since VICI topped out in August 2022. 28 billion in incremental debt. VICI Properties ( VICI) is a triple-net lease REIT that has a premier portfolio of market-leading gaming, hospitality, and entertainment destinations. NEW YORK, September 27, 2023--VICI Properties Inc. VICI Properties is the king of gaming REITs, with a ridiculously great business model that suffered zero rent defaults even during the pandemic. 18% after hours after the REIT has priced an upsized underwritten public offering of 26. VICI Properties Inc. Member FINRA / SIPC / NYSE / NASDAQ / CBOE EDGX. 10 and. 6, an enterprise value-to- EBITDA ratio of 6. (NYSE:VICI) released its quarterly earnings data on Wednesday, May, 4th. Q4 operating expenses of $12. 4 billion and retain VICI operating partnership stake worth approximately $370 million Premium valuation represents 17. 98. Written by MarketBeat. 53x and 16. is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations. When VICI's rent grows, almost all of the rent increase falls straight through to the bottom line. 4% cap rate on. NYSE: VICI Properties Inc ( VICI) = 28. Stable Share Price: VICI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week. vici properties offers premier rentals and property management services. Is VICI Properties's dividend growing? Over the past three years, the. Get the detailed balance sheet for VICI Properties Inc. m. This includes renowned properties such as Caesars Palace, Bally's Las Vegas, and The LINQ. Detailed annual and quarterly income statement for VICI Properties Inc. 17 with a high of $38. 21%. NYSE:VICI VICI Properties (VICI) Stock Price, News & Analysis $28. Buy VICI stock at Webull. 09. 5, Positive Sentiment >= 0. 56. Realty Income has delivered annualized total returns of 14. I am using the same method to make it easier to compare researched companies. 82% Short Interest 3. (NYSE: VICI) ("VICI Properties" or the "Company") announced today that it will release its third quarter 2023 financial results on Wednesday. Growing Financials. 6M beats by $31. Vici Properties is trading at a 2023 price-to-AFFO-per-share ratio of just 15. 72B No recommendation. Updated AFFO guidance for full year 2023 to between $2,130 million. Over the past year, VICI has far underperformed the greater REIT market with the Vanguard REIT ETF ( VNQ) has returned 25% compared to VICI returning 13% during the past 12 months. Growth was boosted by a raft. 05 raise this time. VICI Properties is a REIT with a portfolio of premium gaming, entertainment, and hospitality assets. The $1. 2. 03%) has been an outlier. NYSE: VICI Vici Properties. 9% interest in MGM Grand and Mandalay Bay. Convert VICI Properties Inc stocks or shares into any currency with our handy tool, and you’ll always know what you’re getting. 15 analysts have issued twelve-month price objectives for Crown Castle's shares. VICI Properties Inc. VICI's balance sheet is as strong as it's ever been, and it's far above its covenant thresholds, with 41% debt to total assets and a 3. 2%). 4 billion worth of liquidity. VICI Properties (NYSE:VICI) and two related entities extend the previously announced private offers to exchange notes issued by MGM Growth Properties for up to a total of $4. $29. 366 VICI shares to be received for every MGP share there is currently a 2. 12B. VICI stock is now 20% undervalued and yielding 6%. Sells 392,971 Shares of VICI Properties Inc. MGP Class A shareholders will get 1. our goal is to protect your investment by saving you time, effort, and money — you will maximize your cash flow, minimize your. In the same quarter last year, Vici. Fitch has also affirmed the ratings of VICI's senior unsecured debt at 'BBB-'. 25% cap rate (though the deal size is much lower ~$380 million vs $4 billion). 87/share from $1. 99%, 664 basis points higher than the S&P 500. Doing so will help them establish if the stock's future looks promising or ominous. Long scalp VICI Based on its uptrend, rebound from support and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent in profits IF VICI. VICI Properties's most recent quarterly dividend payment of $0. 2%. 02 and its 200-day moving average price is $30. 24 per share. (NYSE: VICI) ("VICI Properties" or the "Company"), an experiential real estate investment trust, today reported results for the quarter ended June 30. 5, and Very Positive. 03 in the last 3 raises but I'm expecting a $0. To get sense, the deal of The Venetian was at a 6. 75. 89%) $0. The broad market ( SPY) is down 13% so far this year, while VICI Properties has seen its shares rise by 7% year to date, for. View all VICI assets, cash, debt, liabilities, shareholder equity and investments. Stock Analysis Analyst Forecasts Chart Competitors Dividend Financials Headlines Insider Trades Options Chain Ownership SEC Filings Short Interest Social Media Sustainability. $28. I will be looking to buy below $30 per share. 52 Div Rate (FWD) $1. Low-cost index funds make it easy to achieve average market returns. Balance Sheet. 59% during last session, the market valuation stood at $28. VICI Properties (VICI) declares $0. 51% in one year. Mizuho initiated its coverage on VICI Properties Inc.