Vici Properties has a high probability of paying off with lots of passive income. High-yield dividend stocks are often higher-risk bets. They tend to have higher dividend payout ratios, putting them at higher risk of reducing their dividends if they run into financial trouble. However, a dividend reduction doesn't seem to be in the cards for Vici Properties (VICI 0.51%). The real estate investment trust (REIT) focused on casinos and other experiential property types has a very strong financial foundation ba ...

VICI Properties Inc (NYSE:VICI) Q2 2024 Results Conference Call August 1, 2024 10:00 AM ET Company Participants Samantha Gallagher - Executive VP, General Counsel & Secretary Ed Pitoniak - CEO & Director John Payne - President & COO David Kieske - Executive VP, CFO & Treasurer Gabe Wasserman - Senior VP, Chief Accounting Officer & MD of V.E.C.S. Conference Call Participants Caitlin Burrows - Goldman Sachs Barry Jonas - Truist Securities Wes Golladay - Baird John DeCree - CBR Nick Joseph - Citi Ravi Vaidya - ...

For the quarter ended June 2024, VICI Properties Inc. (VICI) reported revenue of $957 million, up 6.6% over the same period last year. EPS came in at $0.57, compared to $0.69 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $956.61 million, representing a surprise of +0.04%. The company delivered an EPS surprise of +1.79%, with the consensus EPS estimate being $0.56. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

In the last reported quarter, this New York-based experiential REIT, which owns the portfolios of marketleading gaming, hospitality and entertainment destinations, reported an adjusted FFO per share of 56 cents, in line with the Zacks Consensus Estimate. Factors at Play VICI has announced around $37 billion of domestic and international investments across gaming & other experiential assets since its formation in 2017. These investments are expected to have boosted the company's top and bottom lines in the s ...

Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock. It is projected by analysts that the 'Revenues- Golf revenues' will reach $11.46 million. The estimate suggests a change of + ...

T I dia F I 1 2017 I i ma i E li As an income-driven investor with a knack for companies that operate within the casino gaming sector either in whole or in part, I wanted to take a closer look at several of the reasons as to why I'm staying bullish on shares of VICI Properties (NYSE:VICI) which currently trades at $30.42/share and offers its investors an annualized yield of 5.47% ($1.66/share). VICI Properties is a "real estate investment trust (REIT) that owns one of the largest portfolios of market-leadin ...

Leland Bobbe/DigitalVision via Getty Images One of the more interesting publicly traded REITs on the market today has got to be VICI Properties (NYSE:VICI). For those not familiar with the company, it operates as a major owner of gambling and other gaming related assets. By investing in these types of properties, and diversifying somewhat over the years, the company has grown to be a rather large enterprise with a market capitalization as of this writing of $30.72 billion. Back in April of this year, I wrot ...

Walter Bibikow/DigitalVision via Getty Images VICI Properties owns a cyclical, yet inflation-protected real estate portfolio that is dominated by gaming properties. The presence of rent escalators and the leading position of Las Vegas as a tourist destination were reasons that supported my prior Buy recommendation for VICI Properties. I think that VICI Properties continues to deliver solid FFO value to passive income investors in a growing economy. The trust is also poised to announce a higher dividend in S ...

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.25 per share and revenue of $3.84 billion. These totals would mark changes of +4.65% and +6.34%, respectively, from last year. 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. Within the past 30 days, our consensus EPS projection has moved 0.13% higher. V ...

santirf/iStock Editorial via Getty Images VICI Stock Price VAL VICI Properties Inc (VICI) Price 29 41 33.00 30.00 29.41 24.00 Jul '22 Jan '23 Seeking AlphaQ Jul 11, 2024, 7:51 PM EDT Powered by YC H A R T S Data by Y Charts This kind of relative underperformance has quelled any prior concerns that I have had on valuation. VICI is the largest publicly traded net lease REIT focused on casino properties. Net leases mean that the tenant is responsible for real estate taxes, insurance, and maintenance expenses. ...