VICI Properties has been in the spotlight for myriad reasons beneficial to its investors. Financial advisors and experts are recommending addition of VICI Properties to portfolios, citing various reasons to buy the stock.
Barclays, a prominent financial services company, has initiated an overweight on VICI Properties, thus projecting confidence in the stock. The firm continues to outperform the market and exceed analyst revenue and EPS estimates. Multiple new investments were made into
VICI Properties by entities such as Miracle Mile Advisors and Modus Advisors. Furthermore, the company issued $750 million in senior notes and increased its regular quarterly dividend, reflecting strong financial health.
VICI Properties reported third-quarter results and a favorable Q4 and full year 2024 earnings release date. Price target adjustments, such as Truist Financial's new $35.00 target, have also been featured. The real estate firm’s credit rating was upgraded to Baa3 by Moody's, indicating financial stability. VICI’s gaming lease deal with an Indigenous Group for C$22M Canadian Casino Portfolio also supports its robust financial standing.
Vici Properties VICI News Analytics from Tue, 23 Jul 2024 07:00:00 GMT to Sat, 18 Jan 2025 14:58:31 GMT -
Rating 9
- Innovation 2
- Information 8
- Rumor -3
