|Bid||0.00 x 1100|
|Ask||0.00 x 800|
|Day's Range||62.27 - 64.39|
|52 Week Range||33.30 - 66.77|
|Beta (5Y Monthly)||1.51|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 20, 2021 - Apr 26, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 17, 2020|
|1y Target Est||63.23|
Real estate investment trust (REIT) VICI Properties (NYSE: VICI) is increasing its bet on the Las Vegas market, as it's agreed to acquire the Venetian Resort’s real estate on the Vegas Strip. This monumental deal is inked at a price of $4 billion, which will be paid in cash to the seller, Las Vegas Sands (NYSE: LVS).
Casino operator is getting a very good price for its Strip operations, and some of it might go to shareholders. Also, Wall Street views on Wendy’s, iHeart Media, Micron Technology, Cleveland-Cliffs, and Academy Sports & Outdoors.
Las Vegas Sands (NYSE: LVS) is selling its namesake resort in Las Vegas to Apollo Global Management (NYSE: APO) and its affiliates for the staggering sum of $6.25 billion. The deal pulls in VICI Properties (NYSE: VICI), which will acquire the real estate, but it's notable because Las Vegas Sands is now exiting the U.S. market. This follows months of rumors that the Las Vegas properties were up for sale and solidifies Las Vegas Sands' complete focus on Asia.