VICI Properties has been the center of attention due to its raised
AFFO Guidance, implying a possible hike in dividends. The stock has shown slight fluctuations recently while several investment firms, including
Intact Investment Management Inc. and
Sumitomo Mitsui DS Asset Management Company Ltd are increasing their positions. The company's price target has been lifted to $36 by
Evercore ISI. Keeping the gaming and leisure sub-set of REITs in view, VICI properties have emerged from the shadow of
Gaming And Leisure Properties, showing potential for a breakout with a
golden cross signal. The firm’s shares have managed to hit a new 52-week high despite mixed market reactions, indicating robust growth. Confidence in VICI Properties remains strong among various hedge funds too. The firm is experiencing a wave of robust growth, with reports of surging earnings in 2023. The dividend yield of approximately 5% coupled with the
potential for solid growth make VICI Properties an attractive asset in the current market. The company’s
Q1 2024 earnings call transcript and other analytical insights indicate a REIT poised for significant success.
Vici Properties VICI News Analytics from Sat, 06 Jan 2024 08:00:00 GMT to Sun, 01 Sep 2024 13:00:00 GMT -
Rating 8
- Innovation 7
- Information 7
- Rumor -2
