Market cap of VICI Properties Inc [VICI] reaches 32.74B – now what?

VICI Properties Inc [NYSE: VICI] stock went on a downward path that fall over -1.37% on Tuesday, amounting to a one-week price decrease of less than -3.09%. The company report on January 4, 2024 at 8:00 AM that VICI Properties Inc. Announces Release Date for Fourth Quarter and Full Year 2023 Results.

VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) announced today that it will release its fourth quarter and full year 2023 financial results on Thursday, February 22, 2024 after the close of trading on the New York Stock Exchange. The Company will host a conference call and audio webcast on Friday, February 23, 2024 at 10:00 a.m. Eastern Time (ET).

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Over the last 12 months, VICI stock dropped by -0.47%. The one-year VICI Properties Inc stock forecast points to a potential upside of 11.0. The average equity rating for VICI stock is currently 1.50, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $32.74 billion, with 1.03 billion shares outstanding and 1.03 billion shares in the current float. Compared to the average trading volume of 6.56M shares, VICI stock reached a trading volume of 5759320 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on VICI Properties Inc [VICI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VICI shares is $35.56 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VICI stock is a recommendation set at 1.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Goldman have made an estimate for VICI Properties Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 08, 2023.

The Average True Range (ATR) for VICI Properties Inc is set at 0.55, with the Price to Sales ratio for VICI stock in the period of the last 12 months amounting to 9.49. The Price to Book ratio for the last quarter was 1.33, with the Price to Cash per share for the same quarter was set at 0.49. Price to Free Cash Flow for VICI in the course of the last twelve months was 15.67.

VICI Stock Performance Analysis:

VICI Properties Inc [VICI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.09. With this latest performance, VICI shares gained by 4.01% in over the last four-week period, additionally sinking by -0.44% over the last 6 months – not to mention a drop of -0.47% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VICI stock in for the last two-week period is set at 54.46, with the RSI for the last a single of trading hit 50.37, and the three-weeks RSI is set at 55.97 for VICI Properties Inc [VICI]. The present Moving Average for the last 50 days of trading for this stock 30.03, while it was recorded at 31.96 for the last single week of trading, and 30.88 for the last 200 days.

Insight into VICI Properties Inc Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and VICI Properties Inc [VICI] shares currently have an operating margin of +61.90 and a Gross Margin at +99.01. VICI Properties Inc’s Net Margin is presently recorded at +42.97.

Return on Total Capital for VICI is now 5.96, given the latest momentum, and Return on Invested Capital for the company is 4.18. Return on Equity for this stock inclined to 6.57, with Return on Assets sitting at 4.05. When it comes to the capital structure of this company, VICI Properties Inc [VICI] has a Total Debt to Total Equity ratio set at 66.42. Additionally, VICI Total Debt to Total Capital is recorded at 39.91, with Total Debt to Total Assets ending up at 38.77. Long-Term Debt to Equity for the company is recorded at 66.16, with the Long-Term Debt to Total Capital now at 39.75.

Reflecting on the efficiency of the workforce at the company, VICI Properties Inc [VICI] managed to generate an average of $48,592,826 per employee. Receivables Turnover for the company is 192.39 with a Total Asset Turnover recorded at a value of 0.09.

VICI Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VICI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for VICI Properties Inc go to 6.30%.

VICI Properties Inc [VICI] Institutonal Ownership Details

The top three institutional holders of VICI stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in VICI stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in VICI stock with ownership which is approximately 5.8325%.