VICI Properties Inc (NYSE:VICI)’s traded shares stood at 5.76 million during the last session, with the company’s beta value hitting 0.92. At the close of trading, the stock’s price was $29.75, to imply an increase of 2.06% or $0.6 in intraday trading. The VICI share’s 52-week high remains $34.05, putting it -14.45% down since that peak but still an impressive 10.52% since price per share fell to its 52-week low of $26.62. The company has a valuation of $31.02B, with an average of 5.97 million shares in intraday trading volume over the past 10 days and average of 6.19 million shares over the past 3 months.
VICI Properties Inc (NYSE:VICI) trade information
After registering a 2.06% upside in the last session, VICI Properties Inc (VICI) has traded red over the past five days. The stock hit a weekly high of 29.76, jumping 2.06% in its intraday price action. The 5-day price performance for the stock is 3.23%, and 1.22% over 30 days. With these gigs, the year-to-date price performance is -6.68%. Short interest in VICI Properties Inc (NYSE:VICI) saw shorts transact 24.93 million shares and set a 3.97 days time to cover.
VICI Properties Inc (VICI) estimates and forecasts
Looking at statistics comparing VICI Properties Inc share performance against respective industry, we note that the company has outperformed competitors. VICI Properties Inc (VICI) shares are 1.92% up over the last 6 months, with its year-to-date growth rate higher than industry average at 6.51% against -3.00%. Revenue is forecast to grow 26.90% this quarter before falling -2.90% for the next one. The rating firms project that company’s revenue will grow 4.40% compared to the previous financial year.
Revenue forecast for the current quarter as set by 13 analysts is $936.18 million. Meanwhile, for the quarter ending Jun 2024, a total of 13 analyst(s) estimate revenue growth to $941.45 million.Earnings reports from the last fiscal year show that sales brought in $877.65 million and $898.16 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 6.70% before jumping 4.80% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 11.66% for the past 5-year period. While 2024 is set for a 8.59% return in earnings, projections for the next 5 years are at 6.30% annually.
VICI Dividends
VICI Properties Inc has its next earnings report out between April 29 and May 03. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. VICI Properties Inc has a forward dividend ratio of 1.64, with the share yield ticking at 5.50% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
VICI Properties Inc (NYSE:VICI)’s Major holders
VICI Properties Inc insiders hold 0.25% of total outstanding shares, with institutional holders owning 99.06% of the shares at 99.31% float percentage. In total, 99.06% institutions holds shares in the company, led by Vanguard Group Inc. As of Jun 29, 2023, the company held over 145.93 million shares (or 14.40% of shares), all amounting to roughly $4.59 billion.
The next major institution holding the largest number of shares is Blackrock Inc. with 99.33 million shares, or about 9.80% of shares outstanding. As of the market price on Jun 29, 2023, these shares were worth $3.12 billion.
We also have Capital Income Builder, Inc. and Vanguard Specialized-Real Estate Index Fund as the top two Mutual Funds with the largest holdings of the VICI Properties Inc (VICI) shares. Going by data provided on Sep 29, 2023, Capital Income Builder, Inc. holds roughly 44.83 million shares. This is just over 4.42% of the total shares, with a market valuation of $1.3 billion. Data from the same date shows that the other fund manager holds a little less at 36.91 million, or 3.64% of the shares, all valued at about 1.16 billion.
