rts logo

VICI Properties Inc (VICI) Is Now En Route to Higher Prices

VICI Properties Inc (NYSE: VICI) is -9.69% lower on its value in year-to-date trading and has touched a low of $27.08 and a high of $34.29 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VICI stock was last observed hovering at around $28.27 in the last trading session, with the day’s gains setting it 0.52%.

Currently trading at $28.79, the stock is -7.87% and -9.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.08 million and changing 1.84% at the moment leaves the stock -5.92% off its SMA200. VICI registered -7.49% loss for a year compared to 6-month gain of 1.27%. The firm has a 50-day simple moving average (SMA 50) of $31.768 and a 200-day simple moving average (SMA200) of $30.6001.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a -10.37% loss in the last 1 month and extending the period to 3 months gives it a -13.44%, and is -7.52% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.71% over the week and 1.81% over the month.

VICI Properties Inc (VICI) has around 28 employees, a market worth around $30.91B and $3.81B in sales. Current P/E ratio is 10.68 and Fwd P/E is 10.50. Profit margin for the company is 73.90%. Distance from 52-week low is 6.33% and -16.04% from its 52-week high. The company has generated returns on investments over the last 12 months (6.43%).

with sales reaching $969.28M over the same period.The EPS is expected to grow by 7.62% this year, but quarterly earnings will post 6.26% year-over-year. Quarterly sales are estimated to grow 4.01% in year-over-year returns.

VICI Properties Inc (VICI) Top Institutional Holders

1154.0 institutions hold shares in VICI Properties Inc (VICI), with institutional investors hold 100.14% of the company’s shares. The shares outstanding are 1.05B, and float is at 1.05B with Short Float at 2.25%. Institutions hold 99.89% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 153.88 million shares valued at $4.41 billion. The investor’s holdings represent 14.7616% of the VICI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 104.25 million shares valued at $2.99 billion to account for 10.0011 of the shares outstanding. The other top investors are CAPITAL INTERNATIONAL INVESTORS which holds 65.05 million shares representing 6.2402% and valued at over $1.86 billion, while STATE STREET CORP holds 5.2171 of the shares totaling 54.38 million with a market value of $1.58 billion.

VICI Properties Inc (VICI) Insider Activity

The most recent transaction is an insider sale by Wasserman Gabriel, the company’s Chief Accounting Officer. SEC filings show that Wasserman Gabriel sold 12,500 shares of the company’s common stock on Sep 12 ’24 at a price of $33.61 per share for a total of $0.42 million. Following the sale, the insider now owns 33187.0 shares.

VICI Properties Inc disclosed in a document filed with the SEC on Mar 15 ’24 that ABRAHAMSON JAMES R (Director) bought a total of 7,000 shares of the company’s common stock. The trade occurred on Mar 15 ’24 and was made at $28.79 per share for $0.2 million. Following the transaction, the insider now directly holds 0.15 million shares of the VICI stock.

Still, SEC filings show that on Mar 14 ’24, ABRAHAMSON JAMES R (Director) acquired 3,000 shares at an average price of $28.85 for $86550.0. The insider now directly holds 139,342 shares of VICI Properties Inc (VICI).

Related Posts