VICI - VICI Properties Inc.

NYSE - NYSE Delayed Price. Currency in USD
24.64
+0.05 (+0.20%)
At close: 4:02PM EST
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Previous Close24.59
Open24.58
Bid24.55 x 800
Ask24.62 x 1800
Day's Range24.47 - 24.64
52 Week Range17.64 - 24.80
Volume2,400,058
Avg. Volume4,003,790
Market Cap11.359B
Beta (3Y Monthly)0.99
PE Ratio (TTM)17.51
EPS (TTM)1.41
Earnings DateNov 1, 2019
Forward Dividend & Yield1.19 (4.89%)
Ex-Dividend Date2019-09-26
1y Target Est27.20
  • MoneyShow

    Dividend Detective Uncovers Favorite High Yielders

    In our model portfolios, we're adding two speculative stocks for income investors; one is a casino real estate investment trust and the other is an energy sector play, explains Harry Domash, editor of Dividend Detective.

  • Thomson Reuters StreetEvents

    Edited Transcript of VICI.N earnings conference call or presentation 1-Nov-19 2:00pm GMT

    Q3 2019 VICI Properties Inc Earnings Call

  • Weekly Market Review: Rates and Jobs Drive Record Highs
    TipRanks

    Weekly Market Review: Rates and Jobs Drive Record Highs

    U.S. stocks gained about 1% on Friday, as the S&P 500 and Nasdaq Composite kicked off the month of November with record highs. Energy and Industrial names led the way higher this week, while the Real Estate and Utility sectors lagged.Ideal Economic SituationBulls were encouraged by an upbeat October employment report on Friday. The U.S. economy added 128,000 non-farm payrolls in the month, which exceeded expectations. In addition, results from the August and September were both revised higher.Just 48 hours earlier, the initial reading of third-quarter GDP growth came in ahead of the consensus analyst estimate. Also on Wednesday, the FOMC voted to cut interest rates for the third consecutive meeting.Earnings Parade Marches OnAlmost lost in the sea of “Goldilocks” economic data is that we just ended the busiest week of the third-quarter earnings season. Apple (AAPL) and General Electric (GE) were the big earnings-related winners this week.On the other hand, Internet names like Etsy (ETSY), Grubhub (GRUB), Pinterest (PINS) and Wayfair (W), all experienced sizable declines, after disappointing investors with their profit outlooks.Of the 356 S&P 500 companies that have reported so far, 76% have exceeded earnings expectations. This is well above the historical average, although aggregate profit remains on track to decline fractionally in the third quarter.Knowing what and when to buy can be challenging for any investor. However, the fact remains that attractive investments are out there, if you’re willing to dig a little deeper.One such real estate name with a solid dividend and strong earnings momentum is worth a closer look and is our Stock of the Week below…Stock of the Week: VICI Properties (VICI)The company operates as a real estate investment trust (REIT), with over 22 entertainment properties, casinos and hotels, including Caesar’s Palace.The stock gained nearly 4% this week, as management delivered a better-than-expected quarterly profit this past Wednesday.Looking ahead, these gains should keep on coming. Here’s why:VICI earned $0.35 a share in the third quarter, as revenue fell 4% from the previous year, to $222.5 million. Management noted the upside was driven by higher leasing revenue in the period and boosted full-year profit guidance by 4%.The higher guidance was also influenced by the $843 million cash acquisition of the JACK Cleveland Casino and Thistledown Racino the company announced earlier in the week.VICI will lease the property back to JACK Entertainment for an initial term of 15 years, at an annual rent of $65.9 million. The deal is expected to close in early 2020 and be immediately accretive to the company’s earnings.Following the acquisition news and guidance boost, Deutsche Bank analyst Carlo Santarelli boosted his price target of the stock on Friday, citing:“We continue to like VICI's aggressive style and its ability to leverage relationships and expand its tenant base. Further, VICI has done a very nice job accessing the capital markets at opportune times to solidify their capital structure and promote accretion. We think the growth pipeline remains a competitive advantage. As such, we remain favorably inclined and we reaffirm our Buy rating. Our price target goes to $28 from $27.”In addition to its growth potential, VICI also rewards investors with steady income. Management pays a quarterly dividend of $0.2975 a share (4.85% yield) that it boosted back in September. The next payout will likely be declared in December.In the meantime, the company carries a Smart Score of 10/10 on TipRanks. This new proprietary metric utilizes Big Data to rank stocks based on 8 key factors that have historically been a precursor of future outperformance.On top of the positive aspects mentioned already, Smart Score says that VICI has seen insider buying, in addition to positive sentiment from hedge funds and financial bloggers. (See VICI stock analysis on TipRanks)This is just 1 of the 20+ stocks selected for the Smart Investor portfolio. That’s where we share more detailed insights on our weekly stock picks. You may also want to learn more about how we use TipRanks indicators to find stocks that are primed to outperform. (To discover the Smart Investor portfolio click here)

  • Business Wire

    VICI Properties Inc. Announces Third Quarter 2019 Results

    – Reports Third Quarter Net Income of $0.31 per Diluted Share –

  • Business Wire

    VICI Properties Inc. to Acquire JACK Cleveland Casino and JACK Thistledown Racino in Sale Leaseback Transaction With JACK Entertainment

    VICI Properties Inc. (VICI) (“VICI Properties” or the “Company”), an experiential real estate investment trust, today announced it has entered into a definitive agreement with an affiliate of JACK Entertainment LLC (“JACK Entertainment”) to acquire 100% of the membership interests of its affiliates that own casino-entitled land and real estate and related assets associated with JACK Cleveland Casino, located in downtown Cleveland, Ohio, and JACK Thistledown Racino, located approximately 10 miles southeast of downtown Cleveland in the city of North Randall, Ohio, for an aggregate purchase price of approximately $843.3 million in cash.

  • GuruFocus.com

    5 Companies Hit 52-Week Highs

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  • Hedge Funds Have Never Been This Bullish On VICI Properties Inc. (VICI)
    Insider Monkey

    Hedge Funds Have Never Been This Bullish On VICI Properties Inc. (VICI)

    Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The last 12 months is one of those periods, as the Russell 2000 […]

  • Business Wire

    VICI Properties Announces Release Date for Third Quarter 2019 Results

    VICI Properties Inc. (VICI) (“VICI Properties” or the “Company”) announced today that it will release its third quarter 2019 financial results on Thursday, October 31, 2019 after the close of trading on the New York Stock Exchange. The Company will host a conference call and audio webcast on Friday, November 1, 2019 at 10:00 a.m. Eastern Time (ET). A live audio webcast of the conference call will be available in listen-only mode through the “Investors” section of the Company’s website, www.viciproperties.com, on November 1, 2019, beginning at 10:00 a.m. ET.

  • Hard Rock Cafe, concert venue coming to casino under new ownership
    American City Business Journals

    Hard Rock Cafe, concert venue coming to casino under new ownership

    The former Jack Cincinnati Casino is getting a host of upgrades under its new ownership, including a Hard Rock Cafe and a new concert venue that aims to pull in larger acts.

  • Thomson Reuters StreetEvents

    Edited Transcript of VICI.N earnings conference call or presentation 1-Aug-19 2:00pm GMT

    Q2 2019 VICI Properties Inc Earnings Call

  • GuruFocus.com

    George Soros' Firm Buys Tech Stocks in 2nd Quarter

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    Dow, S&P Rebound as Consumers Calm Market

    Dow, S&P; Rebound as Consumers Calm Market

  • GuruFocus.com

    Vici Properties Inc (VICI) CEO Edward Baltazar Pitoniak Bought $323,608 of Shares

    CEO of Vici Properties Inc (30-Year Financial, Insider Trades) Edward Baltazar Pitoniak (insider trades) bought 15,200 shares of VICI on 08/13/2019 at an average price of $21.29 a share. Continue reading...

  • GuruFocus.com

    Vici Properties Inc (VICI) President and COO John W R Payne Bought $225,249 of Shares

    President and COO of Vici Properties Inc (30-Year Financial, Insider Trades) John W R Payne (insider trades) bought 10,635 shares of VICI on 08/09/2019 at an average price of $21.18 a share. Continue reading...

  • VICI Properties Inc. (VICI) Q2 2019 Earnings Call Transcript
    Motley Fool

    VICI Properties Inc. (VICI) Q2 2019 Earnings Call Transcript

    VICI earnings call for the period ending June 30, 2019.

  • Benzinga

    VICI Properties Earnings Outlook

    On Wednesday, July 31, VICI Properties (NYSE: VICI ) will release its latest earnings report. Benzinga's outlook for VICI Properties is included in the following report. Earnings and Revenue Analysts covering ...

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