|Bid||30.94 x 1800|
|Ask||31.26 x 1200|
|Day's range||30.69 - 31.15|
|52-week range||27.75 - 35.69|
|Beta (5Y monthly)||0.96|
|PE ratio (TTM)||21.79|
|Earnings date||25 Jul 2023 - 31 Jul 2023|
|Forward dividend & yield||1.56 (5.04%)|
|Ex-dividend date||22 Mar 2023|
|1y target est||37.67|
Vici Properties (NYSE: VICI) has a 5% dividend yield and has been the best-performing REIT in the S&P 500 over the past year, despite the difficult environment. In this video, I explain why I think now could be a great time to take a closer look at this well-run business.
Higher rates make lower-risk income investments like bank CDs and bonds more attractive. Because of that, investors can turn idle cash into an even bigger passive income stream. Three magnificent dividend stocks for income seekers are Crown Castle (NYSE: CCI), Community Healthcare Trust (NYSE: CHCT), and VICI Properties (NYSE: VICI).
Real estate investing is a time-tested strategy for generating passive income. For years, investors have been buying apartment buildings, office complexes, industrial facilities, self-storage properties, retail locations, and hotels to collect rental income. There are well-established markets for those properties, and many real estate companies focus on those sectors.
Over the last 50 years, dividend growers in the S&P 500 have delivered a higher total return (10.2% annualized) with less volatility (a beta of 0.88) than dividend non-payers (negative 0.6% total return and a beta of 1.22) and companies with no change in their dividend policy (6.6% total return and a beta of 1.01), according to data from Hartford Funds and Ned Davis Research. VICI Properties (NYSE: VICI) certainly fits the bill. The experiential real estate owner pays a 5%-yielding dividend and delivers market-leading earnings growth.
Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) ("Century Casinos" or the "Company"), announced that it has entered into a definitive agreement for subsidiaries of VICI Properties Inc. (NYSE: VICI) ("VICI") to acquire the real estate assets of Century Casino & Hotel Edmonton, Century Casino St. Albert and Century Mile Racetrack and Casino in Edmonton, Alberta and Century Downs Racetrack and Casino ("Century Downs") in Calgary, Alberta (collectively, the "Century Canadian Portfolio") for an
NEW YORK, May 17, 2023--VICI Properties Inc. (NYSE: VICI) ("VICI Properties" or the "Company"), an experiential real estate investment trust, today announced that it has entered into definitive agreements to acquire the real estate assets of Century Casino & Hotel Edmonton, Century Casino St. Albert and Century Mile Racetrack and Casino, each in Edmonton, Alberta and Century Downs Racetrack and Casino in Calgary, Alberta, (collectively the "Century Canadian Portfolio") from Century Casinos, Inc.
VICI Properties, Americold Realty Trust and EastGroup Properties are part of the Zacks Industry Outlook article.
Although Realty Income is a slow-growth company, it has one thing in common with Vici that will interest conservative investors.
There's been a silver lining to the bear market in the stock market over the past year and a half. Many stocks currently yield over 4%, which is more than double the dividend yield of the S&P 500. Alexandria Real Estate Equities (NYSE: ARE), Brookfield Infrastructure Partners (NYSE: BIP)(NYSE: BIPC), VICI Properties (NYSE: VICI), and Kinder Morgan (NYSE: KMI) are among the standout higher-yielding options.
Vici Properties is a casino REIT, but it keeps talking about experiences. That suggests a move beyond the core is on the horizon.
Despite the economic slowdown, high interest rates and uneven recovery of sectors, Zacks REIT and Equity Trust - Other industry stocks VICI, COLD and EGP may benefit from growth in the digital economy, resilient demand for food infrastructure and easing of travel restrictions.
In sync with the company's investment strategy, Pebblebrook (PEB) announces the sale of Hotel Monaco Seattle in Seattle, WA. The 189-room property was sold to a third party for $63.3 million.
Peter Lynch was a phenomenal investor. With that pearl of wisdom in mind, two great stocks to add to right now (or add to your portfolio if you don't already own them) are American Tower (NYSE: AMT) and VICI Properties (NYSE: VICI). American Tower is currently facing some stiff headwinds.
VICI Properties (NYSE: VICI) made a huge bet last year. It completed a transformational $17.2 billion merger with fellow gaming REIT MGM Growth Properties. VICI Properties is delivering sector-leading earnings growth.
When a REIT gets spun off, it often has just one tenant. And when you have one tenant you can have problems.
A core aspect of my investing strategy is buying stocks with attractive and growing dividends. VICI Properties (NYSE: VICI) is one of my latest buys. Last year was a transformational one for VICI Properties.
Last year was a transformational period for VICI Properties (NYSE: VICI). The real estate investment trust (REIT) went on a high-stakes shopping spree to significantly expand and diversify its portfolio. The experiential property REIT is delivering eye-popping growth.
The release and supplemental information can be found in the Investors section of the VICI Properties website at www.viciproperties.com. Ed and team will provide some opening remarks, and then we will open the call to questions.
While the top- and bottom-line numbers for VICI Properties Inc. (VICI) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
VICI Properties Inc. (VICI) delivered FFO and revenue surprises of 1.92% and 5.56%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, May 01, 2023--VICI Properties Inc. (NYSE: VICI) ("VICI Properties" or the "Company"), an experiential real estate investment trust, today reported results for the quarter ended March 31, 2023. All per share amounts included herein are on a per diluted common share basis unless otherwise stated.
Gaming REIT VICI uses the net-lease approach, but it lacks the diversification that you'll get from W.P. Carey.
Is VICI Properties (VICI) set for a strong start to 2023? Find out the same in our in-depth analysis of the company's first-quarter earnings preview.
W. P. Carey (WPC) has been on a growth trajectory in recent years due to its diversified portfolio and focus on long-term triple net leases. In this article, we will provide an overview of the company and discuss the key factors that are likely to impact its Q1 2023 results.
VCISY, DAC and VICI made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 26, 2023.