In last trading session, VICI Properties Inc (NYSE:VICI) saw 4.66 million shares changing hands with its beta currently measuring 0.92. Company’s recent per share price level of $28.82 trading at -$0.37 or -1.27% at ring of the bell on the day assigns it a market valuation of $30.05B. That closing price of VICI’s stock is at a discount of -18.15% from its 52-week high price of $34.05 and is indicating a premium of 7.63% from its 52-week low price of $26.62. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.94 million shares which gives us an average trading volume of 6.19 million if we extend that period to 3-months.
VICI Properties Inc (NYSE:VICI) trade information
Upright in the red during last session for losing -1.27%, in the last five days VICI remained trading in the red while hitting it’s week-highest on Friday, 03/22/24 when the stock touched $28.82 price level, adding 1.47% to its value on the day. VICI Properties Inc’s shares saw a change of -9.60% in year-to-date performance and have moved -0.38% in past 5-day. VICI Properties Inc (NYSE:VICI) showed a performance of -2.96% in past 30-days. Number of shares sold short was 24.93 million shares which calculate 3.97 days to cover the short interests.
VICI Properties Inc (VICI) estimates and forecasts
Statistics highlight that VICI Properties Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -4.25% of value to its shares in past 6 months, showing an annual growth rate of 6.51% while that of industry is -2.60. Apart from that, the company came raising its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to increase by 26.90% in the current quarter and calculating -2.90% decrease in the next quarter. This year revenue growth is estimated to rise 4.40% from the last financial year’s standing.
13 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $936.18 million for the same. And 13 analysts are in estimates of company making revenue of $941.45 million in the next quarter that will end on Jun 2024. Company posted $877.65 million and $898.16 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 6.70% while estimating it to be 4.80% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 11.66% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 8.59% while estimates for its earnings growth in next 5 years are of 6.30%.
VICI Dividends
VICI Properties Inc is more likely to be releasing its next quarterly report between April 29 and May 03 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
VICI Properties Inc (NYSE:VICI)’s Major holders
Insiders are in possession of 0.25% of company’s total shares while institution are holding 99.03 percent of that, with stock having share float percentage of 99.28%. Investors also watch the number of corporate investors in a company very closely, which is 99.03% institutions for VICI Properties Inc that are currently holding shares of the company. Vanguard Group Inc is the top institutional holder at VICI for having 145.93 million shares of worth $4.59 billion. And as of Jun 29, 2023, it was holding 14.40% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 99.33 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 9.80% of outstanding shares, having a total worth of $3.12 billion.
On the other hand, Capital Income Builder, Inc. and Vanguard Specialized-Real Estate Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 29, 2023, the former fund manager was holding 44.83 million shares of worth $1.3 billion or 4.42% of the total outstanding shares. The later fund manager was in possession of 36.91 million shares on Jul 30, 2023, making its stake of worth around $1.16 billion in the company or a holder of 3.64% of company’s stock.
