Some Thoughts on VICI Properties

Large-cap Real Estate company VICI Properties has logged a 1.0% change today on a trading volume of 2,667,428. The average volume for the stock is 6,096,726.

VICI Properties Inc. is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip. Based in New York, United States the company has 23 full time employees and a market cap of $31,610,064,896. VICI Properties currently offers its equity investors a dividend that yields 1.3% per year.

The company is now trading -13.76% away from its average analyst target price of $35.43 per share. The 21 analysts following the stock have set target prices ranging from $30.0 to $43.0, and on average give VICI Properties a rating of buy.

Over the last 12 months VICI shares have declined by -8.0%, which represents a difference of -25.0% when compared to the S&P 500. The stock's 52 week high is $35.07 per share and its 52 week low is $26.62. Based on VICI Properties's average net margin growth of 2.9% over the last 6 years, its core business remains strong and the stock price may recover in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%)
2023 3,450,029 2,409,743 70
2022 2,600,697 1,136,267 44
2021 1,509,568 1,023,158 68
2020 1,225,574 896,208 73
2019 894,798 554,281 62
2018 897,977 532,117 59
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.

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