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VICI Properties Inc. (VICI) Stock Moves -0.67%: What You Should Know

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VICI Properties Inc. (VICI - Free Report) closed at $32.44 in the latest trading session, marking a -0.67% move from the prior day. The stock's performance was ahead of the S&P 500's daily loss of 0.8%. Meanwhile, the Dow lost 0.76%, and the Nasdaq, a tech-heavy index, lost 1.18%.

Prior to today's trading, shares of the company had gained 7.93% over the past month. This has outpaced the Finance sector's gain of 5.42% and the S&P 500's gain of 3.4% in that time.

The investment community will be paying close attention to the earnings performance of VICI Properties Inc. in its upcoming release. It is anticipated that the company will report an EPS of $0.52, marking a 1.96% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $924.43 million, reflecting a 20.07% rise from the equivalent quarter last year.

Any recent changes to analyst estimates for VICI Properties Inc. should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.32% upward. Right now, VICI Properties Inc. possesses a Zacks Rank of #3 (Hold).

Looking at its valuation, VICI Properties Inc. is holding a Forward P/E ratio of 14.55. This denotes a premium relative to the industry's average Forward P/E of 11.24.

We can additionally observe that VICI currently boasts a PEG ratio of 2.05. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As of the close of trade yesterday, the REIT and Equity Trust - Other industry held an average PEG ratio of 2.37.

The REIT and Equity Trust - Other industry is part of the Finance sector. With its current Zacks Industry Rank of 168, this industry ranks in the bottom 34% of all industries, numbering over 250.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.


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