VICI Properties: Raised AFFO Guidance Implies Robust Dividend Hike Ahead
VICI has already generated robust FQ2'24 performance metrics while raising their FY2024 guidance, with it implying a potentially rich dividend hike in FQ3'24. With the REIT already generating H1'24 AFFO growth at +6.6% YoY, we believe that the management's guidance is on the prudent side, with another beat and raise performance very likely. VICI has diversified its concentration risks to non-gaming sectors as well, with it exemplifying the management's confidence of generating profitable growth ahead.
VICI Properties Is Poised For A Breakout With Golden Cross, 5% Dividend Combo
Don't let VICI Properties Inc‘s VICI modest year-to-date gain of 0.4% fool you.
VICI Properties Inc. (VICI) Just Flashed Golden Cross Signal: Do You Buy?
VICI Properties Inc. (VICI) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, VICI's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.
VICI Properties: Still A Good Bet
VICI Properties is a net lease REIT with a 5%-plus yield. The company saw revenue and net income growth in 2Q24, raised guidance, and made new investments. Despite some riskier moves into new segments, VICI remains a well-managed REIT with a solid valuation and upside potential.
3 Reasons to Buy Vici Stock Like There's No Tomorrow
Vici Properties has largely been serving the surprisingly resilient casino industry. Now, this real estate investment trust is expanding into non-gambling ventures.
Two REITs Operating Within A Property Sector Accompanied By Unique Value Drivers
The gaming property sector offers unique advantages over the retail sector, including high occupancy rates and strong negotiating positions. VICI Properties and Gaming and Leisure Properties are major players in the gaming property sector with outstanding business metrics and favorable investment spreads. Both REITs offer attractive dividends, sustainable business metrics, and potential for multiple appreciation, making them worth considering for a portfolio.
VICI Properties: Dividend And Upside Potential Still Make It A Buy
VICI Properties remains a top REIT pick with iconic properties and solid fundamentals, while offering a nice dividend yield above 5%. Their recent Q2 earnings showed strong growth in revenue, FFO, and AFFO, positioning VICI as a solid long-term investment. This allowed VICI to raise their full-year guidance. Their strong liquidity, and well-covered dividend make VICI Properties a buy, despite potential risks like economic downturns.
You Don't Need to Roll the Dice with This High-Yield Dividend Stock (It's a Low-Risk Bet to Produce Lots of Passive Income)
Vici Properties delivered solid earnings growth in the second quarter. The REIT continues to find opportunities to expand its real estate investment portfolio.
VICI Properties Inc (VICI) Q2 2024 Earnings Call Transcript
VICI Properties Inc (NYSE:VICI ) Q2 2024 Results Conference Call August 1, 2024 10:00 AM ET Company Participants Samantha Gallagher - Executive VP, General Counsel & Secretary Ed Pitoniak - CEO & Director John Payne - President & COO David Kieske - Executive VP, CFO & Treasurer Gabe Wasserman - Senior VP, Chief Accounting Officer & MD of V.E.C.S. Conference Call Participants Caitlin Burrows - Goldman Sachs Barry Jonas - Truist Securities Wes Golladay - Baird John DeCree - CBR Nick Joseph - Citi Ravi Vaidya - Mizuho David Katz - Jefferies Michael Herring - Green Street Jim Kammert - Evercore John Kilichowski - Wells Fargo R.J.
VICI Properties (VICI) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for VICI Properties (VICI) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
VICI Properties Inc. (VICI) Q2 FFO and Revenues Surpass Estimates
VICI Properties Inc. (VICI) came out with quarterly funds from operations (FFO) of $0.57 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to FFO of $0.54 per share a year ago.
What to Expect From VICI Properties (VICI) in Q2 Earnings?
VICI Properties' (VICI) Q2 earnings are likely to reflect the company's accretive expansion moves and the benefits of owning a high-quality portfolio with a diverse revenue base.
