VICI - VICI PROPERTIES （）

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 (VICI) Q3 earnings came in just above the Street consensus, reflecting its acquisition and financing activity over the past two years, the company said…

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,

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.

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 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.

https://www.investing.com/news/pro/vici-properties-inc-pt-lowered-to-36-at-raymond-james-432SI-2904891

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 »

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 »

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.

One of the fastest-growing, and perhaps most promising, real estate investment trusts ( REITs ) right now is VICI Properties Inc. (NYSE: VICI ), which is being added to the S&P 500 index this week. The company recently acquired The Venetian Las Vegas and its closest competitor in the gaming space, MGM Growth Properties. Analysts currently have VICI Properties rated as a buy , with a consensus price target of $37 per share. Goldman Sachs (NYSE: GS ) recently increased its price target for VICI from $35 to $39. In addition to the upside potential on its share price, the REIT has also maintained an attractive dividend yield. VICI’s dividend rate has increased by over 25% in the past three years and currently has a forward yield of 4.59%. How much would you be … Full story available on Benzinga.com

This week, the S&P 500 will get three brand new members as part of the index''s regular rebalancing. What Happened? S&P Global Inc. (NYSE: SPGI ) has announced the following three stocks will be joining the S&P 500 this month: VICI Properties Inc . (NYSE: VICI ) Keurig Dr Pepper Inc . (NASDAQ: KDP ) ON Semiconductor Corp . (NASDAQ: ON ) Vici will replace Cerner Corp. (NASDAQ: CERN ), which has been acquired by Oracle Corporation (NYSE: ORCL ). That change will take place on Wednesday, June 8. Keurig Dr Pepper and ON Semi will replace Under Armour Inc. (NYSE: UA ) (NYSE: UAA ) and IPG Photonics Corp. (NASDAQ: IPGP ) in the S&P 500. Under Armour and IPG will both shift to the S&P 400 MidCap index. These changes will take place prior to the market open … Full story available on Benzinga.com

Shares of VICI Properties Inc. (VICI) are rising more than 5% Monday morning on the news of its addition to S&P 500.

By Will Feuer Shares of Keurig Dr Pepper Inc., ON Semiconductor Corp. and VICI Properties Inc. all rose at least 6% in after-hours trading Friday after S&P…

NEW YORK, June 3, 2022: S&P Dow Jones Indices (“S&P DJI”) will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices: • VICI Properties Inc. (NYSE:VICI) will replace Cerner Corp. (NASD: CERN) in the S&P 500 prior to the open of trading on Wednesday, June 8. S&P 500 constituent Oracle Corp. (NYSE:ORCL) is acquiring Cerner in a deal expected to be completed soon.