Deutsche Bank analyst Carlo Santarelli maintained a Hold rating on VICI Properties (VICI – Research Report) today and set a price target of $32.00. The company’s shares closed today at $30.05.
Santarelli covers the Consumer Cyclical sector, focusing on stocks such as MGM Resorts, Las Vegas Sands, and Penn National Gaming. According to TipRanks, Santarelli has an average return of 19.9% and a 61.22% success rate on recommended stocks.
Currently, the analyst consensus on VICI Properties is a Strong Buy with an average price target of $35.00.
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Based on VICI Properties’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $904.32 million and a net profit of $556.33 million. In comparison, last year the company earned a revenue of $751.54 million and had a net profit of $330.91 million
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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.
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