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VICI Properties Inc. (VICI) Declines More Than Market: Some Information for Investors
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In the latest trading session, VICI Properties Inc. (VICI - Free Report) closed at $24.73, marking a -1.9% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.59% for the day. Elsewhere, the Dow lost 0.6%, while the tech-heavy Nasdaq lost 0.65%.
Shares of the company witnessed a loss of 3.3% over the previous month, trailing the performance of the Finance sector with its loss of 1.37%, and the S&P 500's loss of 1.37%.
The upcoming earnings release of VICI Properties Inc. will be of great interest to investors. The company is expected to report EPS of $0.61, up 1.67% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $1.06 billion, showing a 5.44% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.46 per share and a revenue of $4.21 billion, representing changes of +3.36% and +5.03%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for VICI Properties Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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 ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.06% increase. VICI Properties Inc. is currently sporting a Zacks Rank of #3 (Hold).
With respect to valuation, VICI Properties Inc. is currently being traded at a Forward P/E ratio of 10.23. This represents a discount compared to its industry average Forward P/E of 12.52.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 94, finds itself in the top 39% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
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VICI Properties Inc. (VICI) Declines More Than Market: Some Information for Investors
In the latest trading session, VICI Properties Inc. (VICI - Free Report) closed at $24.73, marking a -1.9% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.59% for the day. Elsewhere, the Dow lost 0.6%, while the tech-heavy Nasdaq lost 0.65%.
Shares of the company witnessed a loss of 3.3% over the previous month, trailing the performance of the Finance sector with its loss of 1.37%, and the S&P 500's loss of 1.37%.
The upcoming earnings release of VICI Properties Inc. will be of great interest to investors. The company is expected to report EPS of $0.61, up 1.67% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $1.06 billion, showing a 5.44% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.46 per share and a revenue of $4.21 billion, representing changes of +3.36% and +5.03%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for VICI Properties Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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 ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.06% increase. VICI Properties Inc. is currently sporting a Zacks Rank of #3 (Hold).
With respect to valuation, VICI Properties Inc. is currently being traded at a Forward P/E ratio of 10.23. This represents a discount compared to its industry average Forward P/E of 12.52.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 94, finds itself in the top 39% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.