The stock of VICI Properties Inc. (NYSE:VICI) increased by $0.28 on Monday to $30.80, up 0.92 percent. The last five days have seen an average of 3,629,984 shares of common stock traded. 7 times new highs were reached in the current year, with a fall of -$1.64. The average number of shares traded over the last 20 days was 3,643,746, while the average volume over the last 50 days totaled 5,014,200.
VICI stock dropped -3.11% since last month. On 08/18/23, the company’s shares reached a one-month low of $29.46. The stock touched a high of $35.07 on 02/02/23, after rallying from a low of $29.29 in 52 weeks. The price of VICI stock has declined by -4.94% or -$1.64 this year, reaching a new high 7 times. Still, the stock price is down -12.18% from the 52-week high.
Valuation Metrics
VICI Properties Inc. (VICI) has a trailing price-to-earnings (P/E) ratio of 14.19. Beta for the stock is 0.95. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 9.41, the price-to-book (PB) ratio of 1.31, and the price-to-cash flow ratio of 20.38.
Company paid $0.39 per share in dividends, remained unchanged from $0.39 last year. A $0.03 dividend increase was reported on Thursday September 8 2022.
Financial Health
The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.73, and the total debt to equity ratio is 0.73. As far as profitability goes, gross margin for the trailing twelve months is 99.30% percent. VICI Properties Inc.’s operating margin stood at 86.80% for the same period. Based on annual data, it had gross profit of $1.61 billion and revenue of $2.6 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. VICI’s return on assets (ROA) during the last 12 months has been 5.40%. There was a 4.40% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 9.50%.
Earnings Surprise
According to VICI Properties Inc.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $898.16 million, while revenues rose by 26.22% to $877.65 million. It was predicted that VICI Properties Inc.’s quarterly earnings would be $0.69, but it ended up being $0.62, beating the consensus by 11.30%. EBITDA was $909.29 million for the quarter. At the end of VICI Properties Inc.’s most recent quarter ended June 29, its total debt was $17.45 billion. Equity owned by shareholders amounts to $1.01 billion.
Technical Picture
Here’s a quick look at VICI Properties Inc.’s (VICI) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 53.38%, suggesting the stock is Neutral, with a 18.41% historical volatility rate.
The stochastic %K and %D were 48.77% and 45.40% respectively, while the average true range (ATR) was 0.49. Based on the 14-day stochastic reading of 58.72%, the RSI (14) reading is 48.90%. On the 9-day MACD Oscillator, the stock is at 0.34, and the 14-day reading is at 0.13.
Analyst Ratings
VICI Properties Inc. (NYSE: VICI) was downgraded by Deutsche Bank to a a Hold rating in its latest research report. The stock was previously rated as a a Buy. Analysts have assigned VICI Properties Inc. (VICI) an Buy rating. VICI is a stock that is recommended for selling by 0 brokerage firms, while 2 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 4 rates it overweight and 15 others recommend it as a buy.
What is VICI’s price target for the next 12 months?
The current consensus forecast for the stock is between $32.00 and $43.00, with a median target price of $37.00. In analyzing these forecasts, the average price target given by analysts for VICI Properties Inc. (VICI) is $37.48.
