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VICI Properties Inc. (VICI) Falls More Steeply Than Broader Market: What Investors Need to Know
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In the latest close session, VICI Properties Inc. (VICI - Free Report) was down 1.33% at $32.64. The stock trailed the S&P 500, which registered a daily loss of 0.13%. Elsewhere, the Dow saw a downswing of 0.27%, while the tech-heavy Nasdaq depreciated by 0.07%.
Shares of the company have appreciated by 2.73% over the course of the past month, underperforming the Finance sector's gain of 2.86%, and outperforming the S&P 500's gain of 2.71%.
Investors will be eagerly watching for the performance of VICI Properties Inc. in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.6, marking a 5.26% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $1 billion, reflecting a 3.83% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.39 per share and revenue of $4 billion, indicating changes of +5.75% and +3.86%, respectively, compared to the previous year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for VICI Properties Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.16% upward. At present, VICI Properties Inc. boasts a Zacks Rank of #2 (Buy).
In terms of valuation, VICI Properties Inc. is currently trading at a Forward P/E ratio of 13.85. This signifies a premium in comparison to the average Forward P/E of 11.73 for its industry.
It's also important to note that VICI currently trades at a PEG ratio of 3.27. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. REIT and Equity Trust - Other stocks are, on average, holding a PEG ratio of 2.62 based on yesterday's closing prices.
The REIT and Equity Trust - Other industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 150, positioning it in the bottom 40% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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VICI Properties Inc. (VICI) Falls More Steeply Than Broader Market: What Investors Need to Know
In the latest close session, VICI Properties Inc. (VICI - Free Report) was down 1.33% at $32.64. The stock trailed the S&P 500, which registered a daily loss of 0.13%. Elsewhere, the Dow saw a downswing of 0.27%, while the tech-heavy Nasdaq depreciated by 0.07%.
Shares of the company have appreciated by 2.73% over the course of the past month, underperforming the Finance sector's gain of 2.86%, and outperforming the S&P 500's gain of 2.71%.
Investors will be eagerly watching for the performance of VICI Properties Inc. in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.6, marking a 5.26% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $1 billion, reflecting a 3.83% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.39 per share and revenue of $4 billion, indicating changes of +5.75% and +3.86%, respectively, compared to the previous year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for VICI Properties Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.16% upward. At present, VICI Properties Inc. boasts a Zacks Rank of #2 (Buy).
In terms of valuation, VICI Properties Inc. is currently trading at a Forward P/E ratio of 13.85. This signifies a premium in comparison to the average Forward P/E of 11.73 for its industry.
It's also important to note that VICI currently trades at a PEG ratio of 3.27. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. REIT and Equity Trust - Other stocks are, on average, holding a PEG ratio of 2.62 based on yesterday's closing prices.
The REIT and Equity Trust - Other industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 150, positioning it in the bottom 40% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.