VICI Properties Inc (NYSE:VICI) price on Thursday, May 09, rose 0.77% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $29.49.
A look at the stock’s price movement, the level at last check in today’s session was $29.26. The PE ratio in trailing twelve months stood at 11.70. Turning to its 52-week performance, $33.40 and $26.62 were the 52-week high and 52-week low respectively. Overall, VICI moved 4.89% over the past month.
VICI Properties Inc’s market cap currently stands at around $30.76 billion. The company has a Forward Dividend ratio of 1.63, with its dividend yield at 5.55%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 953.45M for the company’s revenue for the quarter, with a low and high estimate of 922M and 965.5M respectively. The average forecast suggests up to a 6.20% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 3.81B, representing a 5.40% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that VICI is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
The technical evaluation for the stock shows the PEG ratio is 1.86, with VICI’s current price about 3.91% and 2.00% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 58.97, while 7-day volatility ratio is 1.84% and 1.83% in the 30-day chart. Further, VICI Properties Inc (VICI) has a beta value of 0.93, and an average true range (ATR) of 0.51.
If we refocus on VICI Properties Inc (NYSE:VICI), historical trading data shows that trading volumes averaged 6.32 million over the past 3 months. The company’s latest data on shares outstanding shows there are 1.04 billion shares.
The 0.32% of VICI Properties Inc’s shares are in the hands of company insiders while institutional holders own 99.26% of the company’s shares. Current price change has pushed the stock -7.51% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the VICI stock continues to rise going into the next quarter.
