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VICI Properties Inc. (VICI) Suffers a Larger Drop Than the General Market: Key Insights
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In the latest close session, VICI Properties Inc. (VICI - Free Report) was down 1.81% at $23.27. This move lagged the S&P 500's daily loss of 0.03%. Meanwhile, the Dow experienced a drop of 0.31%, and the technology-dominated Nasdaq saw an increase of 0.01%.
Shares of the company have depreciated by 8.85% over the course of the past month, underperforming the Finance sector's loss of 2.98%, and the S&P 500's gain of 0.53%.
The investment community will be closely monitoring the performance of VICI Properties Inc. in its forthcoming earnings report. The company is forecasted to report an EPS of $0.61, showcasing a 1.67% upward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $1.06 billion, reflecting a 5.67% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $2.47 per share and a revenue of $4.22 billion, demonstrating changes of +3.78% and +5.26%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for VICI Properties Inc. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been a 0.3% rise in the Zacks Consensus EPS estimate. VICI Properties Inc. currently has a Zacks Rank of #3 (Hold).
Looking at its valuation, VICI Properties Inc. is holding a Forward P/E ratio of 9.6. This expresses a discount compared to the average Forward P/E of 11.99 of its industry.
The REIT and Equity Trust - Other industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 103, positioning it in the top 42% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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) Suffers a Larger Drop Than the General Market: Key Insights
In the latest close session, VICI Properties Inc. (VICI - Free Report) was down 1.81% at $23.27. This move lagged the S&P 500's daily loss of 0.03%. Meanwhile, the Dow experienced a drop of 0.31%, and the technology-dominated Nasdaq saw an increase of 0.01%.
Shares of the company have depreciated by 8.85% over the course of the past month, underperforming the Finance sector's loss of 2.98%, and the S&P 500's gain of 0.53%.
The investment community will be closely monitoring the performance of VICI Properties Inc. in its forthcoming earnings report. The company is forecasted to report an EPS of $0.61, showcasing a 1.67% upward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $1.06 billion, reflecting a 5.67% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $2.47 per share and a revenue of $4.22 billion, demonstrating changes of +3.78% and +5.26%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for VICI Properties Inc. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been a 0.3% rise in the Zacks Consensus EPS estimate. VICI Properties Inc. currently has a Zacks Rank of #3 (Hold).
Looking at its valuation, VICI Properties Inc. is holding a Forward P/E ratio of 9.6. This expresses a discount compared to the average Forward P/E of 11.99 of its industry.
The REIT and Equity Trust - Other industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 103, positioning it in the top 42% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.