Company Profile:

VICI Properties, Inc. owns, acquires and develops gaming, hospitality and entertainment properties. The company is headquartered in New York City, New York and currently employs 140 full-time employees. The company operates through two segments: real property business and golf course business. The firm’s portfolio consists of approximately 27 properties, including Caesars Palace Las Vegas and Harrah’s Las Vegas. The entertainment facilities are leased to various brands. Across more than 40 million square feet, its properties are located in nine states, containing approximately 15,500 hotel rooms and features more than 150 restaurants, bars and nightclubs. Its portfolio also includes approximately 34 acres of undeveloped land adjacent to the Strip that is leased to Caesars. The firm also owns and operates four championship golf courses.

Recent News:

The company will release its third quarter 2020 financial results on Wednesday, October 28, 2020 after the close of trading on the New York Stock Exchange. The Company will host a conference call and audio webcast on Thursday, October 29, 2020 at 10:00 a.m. Eastern Time (ET).

Its Board of Directors has been ranked second among America’s 669 largest corporations by revenue and market capitalization for overall governance capacity in an independent study of America’s largest companies conducted by global board advisory firm James Drury Partners. VICI’s Board of Directors also ranked first amongst companies included in the Financials Industry Sector.

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

VICI’s strengths can be seen in its strong growth, robust profitability and better efficiency compared with its peers. Its revenue and net income have increased over recent years. Technical indicators signal the bullish signs, as there is a bullish crossover in Stochastic oscillator, MACD is trying to cross back up and the RSI stands at 55.72 with positive bias. We rate Vici Properties Inc (VICI) a STRONG BUY.