VICI Properties has made a significant move with the acquisition of
MGM Growth Properties for $17.2 billion. There have been major investments including a $39.84 million stock position by
BNP Paribas Financial Markets and a $1.03 million investment by
Norden Group LLC. The company's stock has been flagged as a buy by multiple analysts, despite other instances of trailing the market.
VICI Properties has reported both its Q1 and Q4 2023 earnings, an indication of its current financial performance. The company's unique asset class lends it deep value beyond basic data and their belief that
experiential real estate could prove a disruptor against
Amazon. This sentiment is reflected in its undervalued stock with a solid dividend growth outlook. The company has shown its resilience by snapping a seven-day losing streak.
VICI Properties has also projected its FFO for 2024 below estimates due to prevailing high-interest rates.
Vici Properties VICI News Analytics from Wed, 18 Oct 2023 07:00:00 GMT to Sun, 07 Jul 2024 18:45:01 GMT -
Rating 6
- Innovation 4
- Information 7
- Rumor 3
