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VICI Properties Inc. (VICI) Outpaces Stock Market Gains: What You Should Know

VICI Properties Inc. (VICI) closed at $33.11 in the latest trading session, marking a +0.36% move from the prior day. This move outpaced the S&P 500's daily gain of 0.3%. Meanwhile, the Dow gained 0.46%, and the Nasdaq, a tech-heavy index, lost 0.02%.

Coming into today, shares of the company had lost 3.08% in the past month. In that same time, the Finance sector lost 1.92%, while the S&P 500 lost 4.13%.

Investors will be hoping for strength from VICI Properties Inc. as it approaches its next earnings release. In that report, analysts expect VICI Properties Inc. to post earnings of $0.50 per share. This would mark year-over-year growth of 11.11%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $714.27 million, up 90.12% from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.91 per share and revenue of $2.49 billion. These totals would mark changes of +4.95% and +65.15%, respectively, from last year.

Any recent changes to analyst estimates for VICI Properties Inc. should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.07% higher. VICI Properties Inc. currently has a Zacks Rank of #3 (Hold).

Looking at its valuation, VICI Properties Inc. is holding a Forward P/E ratio of 17.3. Its industry sports an average Forward P/E of 12.97, so we one might conclude that VICI Properties Inc. is trading at a premium comparatively.

It is also worth noting that VICI currently has a PEG ratio of 3.12. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The REIT and Equity Trust - Other industry currently had an average PEG ratio of 2.25 as of yesterday's close.

The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 76, putting it in the top 31% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.


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