The salient points indicate companies like Massachusetts Financial Services Co. MA, Charles Schwab Investment Management Inc., Landscape Capital Management L.L.C. and others took substantial positions in VICI Properties, showing confidence in its potential. VICI exceeded analysts' revenue and EPS estimates and beat Q3 FFO and revenue estimates. Its credit rating was upgraded to Baa3 by Moody's, achieving an investment grade status which boosted its casino bid. Future outlook seems bullish as it increased its regular quarterly dividend and raised its 2024 outlook. Furthermore, several reasons have been stated for investing in VICI properties, with some opining it to be undervalued and profitable within the REIT and Hotel Stock industry. Moreover, VICI properties' stock performance appears solid when compared to other Real Estate stocks. Lastly, Jim Cramer has been positive about VICI Properties, calling it a well-run company.
Vici Properties VICI News Analytics from Mon, 18 Mar 2024 07:00:00 GMT to Sat, 23 Nov 2024 11:12:57 GMT - Rating 8 - Innovation 2 - Information 9 - Rumor 3