VICI Properties Inc (VICI) Expected to Announce Earnings of $0.37 Per Share

Equities analysts predict that VICI Properties Inc (NYSE:VICI) will report earnings of $0.37 per share for the current quarter, according to Zacks. Two analysts have issued estimates for VICI Properties’ earnings. The company is scheduled to report its next earnings results on Thursday, August 2nd.

According to Zacks, analysts expect that VICI Properties will report full year earnings of $1.47 per share for the current financial year, with EPS estimates ranging from $1.44 to $1.49. For the next year, analysts expect that the company will post earnings of $1.62 per share, with EPS estimates ranging from $1.52 to $1.68. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for VICI Properties.

VICI Properties (NYSE:VICI) last announced its quarterly earnings data on Thursday, May 3rd. The company reported $0.33 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.34 by ($0.01). The firm had revenue of $218.00 million during the quarter, compared to the consensus estimate of $207.13 million.

Several equities research analysts have issued reports on VICI shares. Deutsche Bank began coverage on shares of VICI Properties in a research report on Thursday, May 17th. They issued a “buy” rating and a $22.00 price target for the company. Union Gaming Research began coverage on shares of VICI Properties in a research report on Tuesday, March 27th. They issued a “buy” rating and a $23.00 price target for the company. Stifel Nicolaus began coverage on shares of VICI Properties in a research report on Monday, February 26th. They issued a “buy” rating and a $23.00 price target for the company. Morgan Stanley lifted their price target on shares of VICI Properties from $21.00 to $22.00 and gave the company an “equal weight” rating in a research report on Friday, May 25th. Finally, Barclays began coverage on shares of VICI Properties in a research report on Monday, February 26th. They issued an “equal weight” rating and a $22.00 price target for the company. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. VICI Properties presently has an average rating of “Hold” and a consensus price target of $22.00.

Large investors have recently bought and sold shares of the company. American International Group Inc. bought a new stake in VICI Properties in the 1st quarter worth about $106,000. Public Employees Retirement Association of Colorado bought a new stake in VICI Properties in the 1st quarter worth about $189,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in VICI Properties in the 1st quarter worth about $190,000. Comerica Bank bought a new stake in VICI Properties in the 1st quarter worth about $200,000. Finally, Shepherd Kaplan Krochuk LLC bought a new stake in VICI Properties in the 1st quarter worth about $202,000.

NYSE:VICI traded down $0.07 during mid-day trading on Friday, hitting $20.53. The stock had a trading volume of 5,073,132 shares, compared to its average volume of 2,993,877. VICI Properties has a twelve month low of $17.58 and a twelve month high of $22.99. The company has a current ratio of 61.16, a quick ratio of 61.16 and a debt-to-equity ratio of 0.67.

About VICI Properties

VICI Properties Inc owns, acquires, and develops gaming, hospitality, and entertainment destinations in the United States. The company operates through two segments, Real Property Business and Golf Course Business. Its property portfolio consists of 19 properties, including Caesars Palace, a gaming facility in the Las Vegas Strip.

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