Some Thoughts on VICI Properties

By Susan Ramirez • Saturday, October 29 09:40 • Permanent Link

Large-cap Real Estate company VICI Properties logged a 3.7% change Friday on a trading volume of 5,671,018. The average volume for the stock is 5,907,823.

VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace. VICI Properties' national, geographically diverse portfolio consists of 29 gaming facilities comprising over 48 million square feet and features approximately 19,200 hotel rooms and more than 200 restaurants, bars and nightclubs. Based in New York, the company has 105 full time employees and a market cap of $30,944,339,968. VICI Properties currently offers its equity investors a dividend that yields 4.7% per year.

The company is now trading -14.77% away from its average analyst target price of $37.7 per share. The 19 analysts following the stock have set target prices ranging from $31 to $46, and on average give VICI Properties a rating of buy.

Over the last year, VICI shares have gone up 8.8%, which represents a difference of 24.2% when compared to the S&P 500. The stock's 52 week high is $35.69 per share whereas its 52 week low is $26.23. Based on VICI Properties's average operating margin growth of 5.6% over the last four years, its core business remains strong and its strong stock performance may continue in the long term.If you would like a free fundamental analysis of VICI Properties and other stocks that interest you, subscribe to our free newsletter!

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.