While VICI Properties Inc has overperformed by 0.47%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, VICI fell by -12.07%, with highs and lows ranging from $34.34 to $26.62, whereas the simple moving average fell by -2.37% in the last 200 days.
On December 08, 2023, Goldman started tracking VICI Properties Inc (NYSE: VICI) recommending Buy. A report published by Wedbush on October 03, 2023, Initiated its previous ‘Neutral’ rating for VICI. Wells Fargo also rated VICI shares as ‘Overweight’, setting a target price of $36 on the company’s shares in an initiating report dated September 21, 2023. Deutsche Bank July 05, 2023d the rating to Hold on July 05, 2023, and set its price target from $39 to $34. Exane BNP Paribas initiated its ‘Outperform’ rating for VICI, as published in its report on June 14, 2023. Mizuho’s report from April 05, 2023 suggests a price prediction of $35 for VICI shares, giving the stock a ‘Buy’ rating. KeyBanc Capital Markets also rated the stock as ‘Overweight’.
Analysis of VICI Properties Inc (VICI)
It’s important to note that VICI shareholders are currently getting $1.61 per share in dividends, so investors will receive a return regardless of how the company performs. Further, the quarter-over-quarter increase in sales is 21.04%, showing a positive trend in the upcoming months.
VICI Properties Inc’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of 10.65% is sufficient for you to turn a profit off your investment.
For any stock, average volume can be an extremely valuable indicator of volatility, and VICI is registering an average volume of 6.46M. On a monthly basis, the volatility of the stock is set at 1.60%, whereas on a weekly basis, it is put at 1.92%, with a gain of 0.58% over the past seven days. Furthermore, long-term investors anticipate a median target price of $36.00, showing growth from the present price of $29.72, which can serve as yet another indication of whether VICI is worth investing in or should be passed over.
How Do You Analyze VICI Properties Inc Shares?
A giant in the REIT – Diversified market, VICI Properties Inc (VICI) is based in the USA. When comparing VICI Properties Inc shares with other companies under Real Estate, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 12.03, there is a growth in quarterly earnings of 15.13%.
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.31%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 98.97% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
VICI shares are owned by institutional investors to the tune of 98.97% at present.
