Vici Properties Inc. (VICI) has seen a vast number of noteworthy movements.
BNP Paribas and
Benjamin F. Edwards & Company Inc. have both increased their stock positions in VICI. The company has shown considerable growth, offering a
$250 million Mezzanine loan to Great Wolf Resorts, Inc., and substantial dividend returns for long-term investors. The robust growth continues as displayed in their Q1 2024 earnings, which analysts at Wedbush highlighted by raising earning estimates. On the other hand, VICI's stock performance slightly trailed the market. Further, Atria Wealth Solutions Inc. has significantly increased their stake in the firm indicating confidence in its future performance. Additionally, VICI has showcased its commitment to expansion by acquiring the remaining stake in
MGM Grand Las Vegas and Mandalay Bay JV for $1.3B cash plus debt. Following the Federal Reserve's recent comments, VICI's stock price appreciated. Moreover, VICI Properties' stock is considered a 'Moderate Buy', endorsed by various equity analysts. The company boasts a strong growth REIT with a 5% Yield positioning itself competitively within the market. Its current growth trajectory suggests a bright future making VICI Properties a rewarding investment opportunity.
Vici Properties VICI News Analytics from Thu, 27 Jul 2023 07:00:00 GMT to Sun, 12 May 2024 20:41:59 GMT -
Rating 8
- Innovation 5
- Information 7
