REITs Are Back In Favor With Analysts 2023/04/03 13:44:03 Benzinga
Analysts’ estimates of real estate investment trusts (REITs) have been on a roller coaster ride in 2023. After beginning the New Year with a slew of upgrades on REITs that had been badly battered throughout 2022, the analyst community was extremely quiet in February. Although there were dozens of Maintain and Reiterate ratings, not one analyst upgraded a REIT in February, and there were nine REITs that received downgrades. But as March comes to an end, REITs seem to be back in favor with analysts. Several factors are working in REITs’ favor right now. First, because many of them have already had their share prices trounced, the valuations and yields are becoming more enticing Second, with the recent fears of bank failures, many on Wall Street predict the Federal Reserve rate hikes may be nearing an end — even if inflation persists above the Fed’s 2% target rate. Third, the weaker-than-expected forward guidance many REITs delivered for the first quarter of 2023 has already been factored into their prices, and perhaps analysts are looking further down the road.
VICI Properties: Great Company But Not A Bargain Stock (NYSE:VICI) 2023/03/30 07:58:37 Seeking Alpha
VICI Properties'' growth strategy has been accretive, and shareholders have benefited thus far. Find out why growth in the stock price has outpaced fundamentals as of late.
VICI Properties: Making A Win-Win Bet (NYSE:VICI) 2023/03/29 19:41:22 Seeking Alpha
VICI Properties has remained resilient in the last year but has been slipping along with the broader markets more recently. Click here for more on VICI stock.
Tuesday Is Your Last Chance To Buy VICI Props Before The Dividend Payout 2023/03/17 14:45:41 Benzinga
Tuesday marks the last chance for investors to receive the next dividend payout from VICI Props (NYSE: VICI ). What''s Happening The company announced on Thursday that it would pay shareholders a quarterly dividend of 39 cents per share. On Wednesday, VICI Props will go ex-dividend, meaning the stock will trade lower to reflect that payout. In … Full story available on Benzinga.com
Thinking Of Buying VICI Properties? You''d Add These Properties And Tenants To Your Portfolio 2023/03/16 13:08:14 Benzinga
If you’re considering purchasing a real estate investment trust (REIT), it is important to analyze the metrics of the REIT itself as well as the tenants that comprise the largest percentage of its business. Strong tenants that pay their rents on time and grow their business year after year make the best tenants and carry the least risk for the REIT during various economic cycles. Take a look at one REIT whose tenant base is strong and has an occupancy rate that is the envy of most other REITs, especially in tough economic times. VICI Properties Inc. (NYSE: VICI ) is a New York-based experiential REIT that specializes in owning and operating gaming, hospitality and entertainment properties. Its triple-net portfolio includes well-known Las Vegas hotels such as Caesars Palace, MGM Grand and the Venetian Resort Las Vegas. VICI Properties, which formed as a REIT in 2017, was a spinoff from Caesars Entertainment Operating Company as part of a Chapter 11 reorganization. The initial public offering (IPO) was held on Feb. 1, 2018.
VICI Properties Inc. (VICI) Q3 2022 Earnings Call Transcript 2022/10/28 16:52:09 Seeking Alpha
VICI Properties Inc. (NYSE:NYSE:VICI) Q3 2022 Earnings Conference Call October 28, 2022 09:00 ET Company Participants Samantha Gallagher - General Counsel Ed Pitoniak - Chief Executive…
Vici Properties Q3 results increase on acquisitions, financing activities (NYSE:VICI) 2022/10/27 21:00:43 Seeking Alpha
Vici Properties (VICI) Q3 earnings came in just above the Street consensus, reflecting its acquisition and financing activity over the past two years, the company said…
VICI Properties Inc. Announces Third Quarter 2022 Results 2022/10/27 20:15:00 Business Wire
NEW YORK--(BUSINESS WIRE)--VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”), an experiential real estate investment trust, today reported results for the quarter ended September 30, 2022. All per share amounts included herein are on a per diluted common share basis unless otherwise stated. Third Quarter 2022 Financial and Operating Highlights Total revenues increased 100.0% year-over-year to $751.5 million Net income attributable to common stockholders was $330.9 million,
5 REITs That Are Actually Producing Positive Returns This Year 2022/10/27 13:11:21 Benzinga
This year has been tough for real estate investment trusts (REITs) — even more than the overall market in general. While the S&P 500 is down about 20% for the year, the Real Estate Select Sector SPDR Fund (NYSEARCA: XLRE) — considered the benchmark exchange-traded fund (ETF) for REITs — is down around 30%. One reason for the poor sentiment on REITs is the rapid rise in interest rates. High interest rates are typically bad for REITs because these companies often rely on debt to fund growth. Because REITs are required to pay out at least 90% of their taxable income to shareholders in the form of dividends, stockpiling cash isn’t really an option. Another way interest rates are affecting the price of REITs is that the yield on the 3 Month Treasury Bill has climbed from 0.08% to over 4% this year. The yield on the three-month Treasury Bill is regularly quoted as the risk-free rate for U.S. investors. Because REITs are most popular among income investors, a REIT has to provide a greater yield than the risk-free rate to remain attractive.
Why VICI Properties Has Been Spared From The Market Downturn (NYSE:VICI) 2022/10/21 20:23:32 Seeking Alpha
VICI''s stock price is even over the past year, while the broader market and REIT peers have seen heavy losses. Read more here.
VICI Properties: Buy Caesars For The Price Of A Hard Rock (NYSE:VICI) 2022/10/14 12:35:00 Seeking Alpha
VICI Properties has a very high quality portfolio with ultra-long triple net leases. See why I believe VICI stock is an attractive pick for income investors.
VICI Properties Inc. PT Lowered to $36 at Raymond James 2022/10/04 13:14:04 Investing.com
VICI Properties Inc.’s (NYSE: VICI) Stock Forecast: Increase To $46.00 In A Year 2022/10/03 18:00:00 Stocks Register
The trading price of VICI Properties Inc. (NYSE:VICI) floating higher at last check on Monday, October 03, closing at $30.46, 2.04% higher than its previous close. Traders who pay close attention to intraday price movement should know that it has been fluctuating between $29.42 and $30.095. The company’s P/E ratio in the trailing 12-month period … VICI Properties Inc.’s (NYSE: VICI) Stock Forecast: Increase To $46.00 In A Year Read More »
VICI Properties Inc. (NYSE: VICI) Stock Forecast For 2022: Increases Growth Prospects To $9 Per Share 2022/09/28 12:00:00 Marketing Sentinel
In the last trading session, 6.04 million VICI Properties Inc. (NYSE:VICI) shares changed hands as the company’s beta touched 1.01. With the company’s per share price at $30.65 changed hands at $0.16 or 0.52% during last session, the market valuation stood at $30.10B. VICI’s last price was a discount, traded about -16.44% off its 52-week … VICI Properties Inc. (NYSE: VICI) Stock Forecast For 2022: Increases Growth Prospects To $9 Per Share Read More »
7 Profitable Places to Hide Your Money as We Enter a Bear Market 2022/09/27 14:00:38 InvestorPlace
Source: Ruslan Ivantsov / Shutterstock.com Wall Street has officially entered a bear market. Macroeconomic headwinds continue to build, including rampant inflation, slowing economic growth and continued geopolitical turmoil. We now have further uncertainty surrounding the stock market following the most recent interest rate hike. As we enter a bear market, investors are searching for alternative investment paths for diversification. Growth names that were the darlings on Wall Street during the pandemic have not been immune to these challenges so far in the year. Even large-capitalization (cap) shares have come under pressure since January. Year-to-date (YTD), the S&P 500 index has so far dropped over 22.9% year-to-date (YTD), while the tech-heavy Nasdaq 100 has declined more than 30.7% during the same period. In the past century, we have had over 25 bear markets on the Street. Most have lasted an average of less than one year. While it may be tempting to sell stocks in the portfolio to minimize losses, panic selling in a bear market often leads to loss of potential profits and even investment capital.