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VICI Properties Inc. (VICI) ended the recent trading session at $31.88, demonstrating a -0.06% swing from the preceding day's closing price. This change was narrower than the S&P 500's daily loss of 0.33%. On the other hand, the Dow registered a loss of 0.37%, and the technology-centric Nasdaq decreased by 0.53%.
Shares of the company have depreciated by 1.48% over the course of the past month, underperforming the Finance sector's loss of 0.51% and outperforming the S&P 500's loss of 4.03%.
The investment community will be paying close attention to the earnings performance of VICI Properties Inc. in its upcoming release. The company's upcoming EPS is projected at $0.58, signifying a 3.57% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $985.12 million, up 3.54% from the year-ago period.
VICI's full-year Zacks Consensus Estimates are calling for earnings of $2.33 per share and revenue of $3.99 billion. These results would represent year-over-year changes of +3.1% and +3.53%, respectively.
Investors might also notice recent changes to analyst estimates for VICI Properties Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.05% increase. VICI Properties Inc. presently features a Zacks Rank of #3 (Hold).
Looking at valuation, VICI Properties Inc. is presently trading at a Forward P/E ratio of 13.71. This indicates a premium in contrast to its industry's Forward P/E of 11.02.
We can also see that VICI currently has a PEG ratio of 4.07. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The REIT and Equity Trust - Other was holding an average PEG ratio of 2.12 at yesterday's closing price.
The REIT and Equity Trust - Other industry is part of the Finance sector. With its current Zacks Industry Rank of 129, this industry ranks in the bottom 49% of all industries, numbering over 250.