Stocks of VICI Properties Inc (NYSE:VICI) traded higher last session on Wall Street, up 1.84% to $28.79.
VICI stock price is now -9.37% away from the 50-day moving average and -5.92% away from the 200-day moving average. The market capitalization of the company currently stands at $30.91B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
On December 08, 2023, Goldman recently initiated its ‘Buy’ rating on the stock quoting a target price of $36, while ‘Wedbush’ rates the stock as ‘Neutral’
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 $0.96 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 $4.21 million. A total of 0.25% of the company’s stock is owned by insiders.
During the past 12 months, VICI Properties Inc has had a low of $27.08 and a high of $34.29. According to the stock market information, the enterprise value for the company is $48056131584, which is based on a 10.68 price-to-earnings ratio, a 3.15 price-to-earnings-growth ratio, and a beta of 0.97. The fifty day moving average price for VICI is $31.768 and a two-hundred day moving average price translates $30.6001 for the stock.
The latest earnings results from VICI Properties Inc (NYSE: VICI) was released for 2024-09-30. The net profit margin was 73.90% and return on equity was 11.19% for VICI. The company reported revenue of $964.67 million for the quarter, compared to $904.32 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.67 percent.
