Analysts expect VICI Properties Inc (NYSE:VICI) to post $220.17 million in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for VICI Properties’ earnings, with the highest sales estimate coming in at $220.34 million and the lowest estimate coming in at $220.00 million. The company is expected to issue its next earnings results on Thursday, August 2nd.

On average, analysts expect that VICI Properties will report full-year sales of $897.11 million for the current year, with estimates ranging from $878.00 million to $909.02 million. For the next fiscal year, analysts anticipate that the firm will post sales of $934.05 million per share, with estimates ranging from $890.00 million to $957.82 million. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that that provide coverage for VICI Properties.

VICI Properties (NYSE:VICI) last announced its earnings results on Thursday, May 3rd. The company reported $0.33 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.34 by ($0.01). The firm had revenue of $218.00 million during the quarter, compared to the consensus estimate of $207.13 million.

VICI has been the subject of a number of research reports. Union Gaming Research initiated coverage on VICI Properties in a research note on Tuesday, March 27th. They issued a “buy” rating and a $23.00 target price for the company. Stifel Nicolaus initiated coverage on VICI Properties in a research note on Monday, February 26th. They issued a “buy” rating and a $23.00 target price for the company. Morgan Stanley raised their target price on VICI Properties from $21.00 to $22.00 and gave the company an “equal weight” rating in a research note on Friday, May 25th. Deutsche Bank initiated coverage on VICI Properties in a research note on Thursday, May 17th. They issued a “buy” rating and a $22.00 target price for the company. Finally, Barclays assumed coverage on VICI Properties in a research note on Monday, February 26th. They issued an “equal weight” rating and a $22.00 target price for the company. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. VICI Properties currently has an average rating of “Hold” and an average target price of $22.00.

A number of institutional investors have recently bought and sold shares of the stock. American International Group Inc. bought a new position in VICI Properties in the first quarter valued at about $106,000. Public Employees Retirement Association of Colorado bought a new position in VICI Properties during the first quarter worth about $189,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in VICI Properties during the first quarter worth about $190,000. Comerica Bank bought a new position in VICI Properties during the first quarter worth about $200,000. Finally, Shepherd Kaplan Krochuk LLC bought a new position in VICI Properties during the first quarter worth about $202,000.

Shares of NYSE:VICI traded down $0.07 during midday trading on Monday, reaching $20.53. The company’s stock had a trading volume of 5,073,132 shares, compared to its average volume of 2,993,877. VICI Properties has a fifty-two week low of $17.58 and a fifty-two week high of $22.99. The company has a debt-to-equity ratio of 0.67, a quick ratio of 61.16 and a current ratio of 61.16.

VICI Properties Company Profile

VICI Properties Inc owns, acquires, and develops gaming, hospitality, and entertainment destinations in the United States. The company operates through two segments, Real Property Business and Golf Course Business. Its property portfolio consists of 19 properties, including Caesars Palace, a gaming facility in the Las Vegas Strip.

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