In yesterday’s Wall Street session, VICI Properties Inc (NYSE:VICI) shares traded at $32.42, up 0.40% from the previous session.
VICI stock price is now -1.74% away from the 50-day moving average and 6.90% away from the 200-day moving average. The market capitalization of the company currently stands at $33.95B.
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With the price target of $36, Goldman recently initiated with Buy rating for VICI Properties Inc (NYSE: VICI). On October 03, 2023, Wedbush recently initiated its ‘Neutral’ rating on the stock quoting a target price of $31, while ‘Wells Fargo’ rates the stock as ‘Overweight’
In other news, Wasserman Gabriel, Chief Accounting Officer sold 12,500 shares of the company’s stock on Sep 12 ’24. The stock was sold for $420,125 at an average price of $33.61. Upon completion of the transaction, the Chief Accounting Officer now directly owns 33,187 shares in the company, valued at $1.08 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 15 ’24, Director ABRAHAMSON JAMES R bought 7,000 shares of the business’s stock. A total of $201,530 was incurred on buying the stock at an average price of $28.79. This leaves the insider owning 146,342 shares of the company worth $4.74 million. A total of 0.35% of the company’s stock is owned by insiders.
During the past 12 months, VICI Properties Inc has had a low of $26.62 and a high of $34.29. According to the stock market information, the enterprise value for the company is $51644035072, which is based on a 12.74 price-to-earnings ratio, a 4.38 price-to-earnings-growth ratio, and a beta of 0.96. The fifty day moving average price for VICI is $32.9942 and a two-hundred day moving average price translates $30.32625 for the stock.
The latest earnings results from VICI Properties Inc (NYSE: VICI) was released for 2024-06-30. The net profit margin was 70.38% and return on equity was 10.66% for VICI. The company reported revenue of $957.0 million for the quarter, compared to $898.16 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.55 percent.
