In a report released today, Greg McGinniss from Scotiabank maintained a Buy rating on VICI Properties (VICI – Research Report), with a price target of $32.00. The company’s shares closed yesterday at $28.80.
McGinniss covers the Real Estate sector, focusing on stocks such as Federal Realty, Rexford Industrial Realty, and Macerich. According to TipRanks, McGinniss has an average return of -0.3% and a 50.00% success rate on recommended stocks.
In addition to Scotiabank, VICI Properties also received a Buy from Truist Financial’s Barry Jonas in a report issued today. However, yesterday, Deutsche Bank maintained a Hold rating on VICI Properties (NYSE: VICI).
VICI market cap is currently $30.13B and has a P/E ratio of 11.68.
Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of VICI in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
VICI Properties (VICI) Company Description:
VICI Properties, Inc. owns, acquires and develops gaming, hospitality and entertainment properties. It operates through the following segments: Real Property Business and Golf Course Business. The Real Property Business segment consists of leased real property. The Golf Course Business segment consists of four golf courses. The company was founded on July 5, 2016 and is headquartered in New York, NY.
Read More on VICI:
- VICI Properties Complies with Regulation FD Disclosure
- VICI Properties to provide capital for The Venetian Resort Las Vegas
- VICI Properties backs FY24 AFFO $2.22-$2.25, consensus $2.25
- VICI Properties reports Q1 AFFO 56c, consensus 56c
- Ex-Dividend Date Nearing for These 10 Stocks – Week of March 18, 2024
