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Syndicate
VICI Properties files automatic mixed securities shelf  16:34
11/18/21
11/18
16:34
11/18/21
16:34
VICI

VICI Properties

$29.25 /

+0.08 (+0.27%)

 
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VICI VICI Properties
$29.25 /

+0.08 (+0.27%)

VICI VICI Properties
$29.25 /

+0.08 (+0.27%)

10/06/21 KeyBanc
VICI Properties upgraded to Overweight after pullback at KeyBanc
10/06/21 KeyBanc
VICI Properties upgraded to Overweight from Sector Weight at KeyBanc
09/28/21 KeyBanc
MGM Growth downgraded to Sector Weight from Overweight at KeyBanc
09/27/21 Baird
VICI Properties positioned for long term earnings growth, says Baird
VICI VICI Properties
$29.25 /

+0.08 (+0.27%)

  • 10
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    Mar
VICI VICI Properties
$29.25 /

+0.08 (+0.27%)

Over a month ago
Hot Stocks
VICI Properties approves common stock issuance for MGM Growth deal » 16:15
10/29/21
10/29
16:15
10/29/21
16:15
VICI

VICI Properties

$29.32 /

-0.68 (-2.27%)

, MGP

MGM Growth

$39.38 /

-0.86 (-2.14%)

VICI Properties Inc.…

VICI Properties Inc. (VICI) announced today that VICI Properties stockholders approved the proposal to issue VICI common stock in connection with the closing of the previously announced strategic acquisition of MGM Growth Properties LLC (MGP). At the VICI Properties Special Meeting of Stockholders held today, more than 99.9% of the votes cast were voted in favor of the issuance of new shares of VICI common stock to MGP Class A stockholders as consideration in the merger, which votes represented approximately 90% of the outstanding shares of VICI common stock. The transaction is subject to customary closing conditions and regulatory approvals and is expected to close in the first half of 2022. Under the terms of the Master Transaction Agreement, MGP Class A shareholders will receive 1.366 shares of newly issued VICI common stock in exchange for each Class A share of MGP.

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VICI VICI Properties
$29.32 /

-0.68 (-2.27%)

MGP MGM Growth
$39.38 /

-0.86 (-2.14%)

VICI VICI Properties
$29.32 /

-0.68 (-2.27%)

10/06/21 KeyBanc
VICI Properties upgraded to Overweight after pullback at KeyBanc
10/06/21 KeyBanc
VICI Properties upgraded to Overweight from Sector Weight at KeyBanc
09/28/21 KeyBanc
MGM Growth downgraded to Sector Weight from Overweight at KeyBanc
09/27/21 Baird
VICI Properties positioned for long term earnings growth, says Baird
MGP MGM Growth
$39.38 /

-0.86 (-2.14%)

09/17/21 UBS
MGM Growth downgraded to Neutral from Buy at UBS
08/08/21 Truist
MGM Growth downgraded to Hold from Buy at Truist
VICI VICI Properties
$29.32 /

-0.68 (-2.27%)

MGP MGM Growth
$39.38 /

-0.86 (-2.14%)

  • 10
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    Mar
  • 04
    Mar
MGP MGM Growth
$39.38 /

-0.86 (-2.14%)

VICI VICI Properties
$29.32 /

-0.68 (-2.27%)

Earnings
VICI Properties lowers FY21 AFFO view $1.79-$1.80 from $1.82-$1.87  16:33
10/27/21
10/27
16:33
10/27/21
16:33
VICI

VICI Properties

$29.74 /

-0.435 (-1.44%)

Consensus $1.81

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VICI VICI Properties
$29.74 /

-0.435 (-1.44%)

VICI VICI Properties
$29.74 /

-0.435 (-1.44%)

10/06/21 KeyBanc
VICI Properties upgraded to Overweight after pullback at KeyBanc
10/06/21 KeyBanc
VICI Properties upgraded to Overweight from Sector Weight at KeyBanc
09/28/21 KeyBanc
MGM Growth downgraded to Sector Weight from Overweight at KeyBanc
09/27/21 Baird
VICI Properties positioned for long term earnings growth, says Baird
VICI VICI Properties
$29.74 /

-0.435 (-1.44%)

  • 10
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  • 04
    Mar
VICI VICI Properties
$29.74 /

-0.435 (-1.44%)

Earnings
VICI Properties reports Q3 adjusted FFO 45c, consensus 45c » 16:32
10/27/21
10/27
16:32
10/27/21
16:32
VICI

VICI Properties

$29.74 /

-0.435 (-1.44%)

Reports Q3 revenue…

Reports Q3 revenue $375.7M, consensus $371.23M. Edward Pitoniak, Chief Executive Officer of VICI Properties, said: "In 2021, a year in which American gaming has been one of the world's most dynamic leisure/hospitality sectors, and a year that has seen Las Vegas generate visitation levels unrivaled in global tourism, VICI has been one of the world's most dynamic and productive real estate investment managers. We have announced over $21 billion of transactions so far in 2021, with our $4 billion acquisition of The Venetian and our transformative $17.2 billion acquisition of MGM Growth Properties. Upon closing of these transactions, VICI will own 10 properties on the Las Vegas Strip, the most economically productive street in America; we will own America's highest-quality and largest portfolio of regional gaming assets; and with an estimated $45 billion enterprise value, we will have a balance sheet deliberately engineered to achieve an investment grade rating. We strongly believe owners of VICI are uniquely positioned to benefit from the quality and composition of our real estate portfolio as the institutionalization of our asset class continues."

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VICI VICI Properties
$29.74 /

-0.435 (-1.44%)

VICI VICI Properties
$29.74 /

-0.435 (-1.44%)

10/06/21 KeyBanc
VICI Properties upgraded to Overweight after pullback at KeyBanc
10/06/21 KeyBanc
VICI Properties upgraded to Overweight from Sector Weight at KeyBanc
09/28/21 KeyBanc
MGM Growth downgraded to Sector Weight from Overweight at KeyBanc
09/27/21 Baird
VICI Properties positioned for long term earnings growth, says Baird
VICI VICI Properties
$29.74 /

-0.435 (-1.44%)

  • 10
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  • 04
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VICI VICI Properties
$29.74 /

-0.435 (-1.44%)

Upgrade
VICI Properties upgraded to Overweight after pullback at KeyBanc » 06:00
10/06/21
10/06
06:00
10/06/21
06:00
VICI

VICI Properties

$28.86 /

-0.21 (-0.72%)

KeyBanc analyst Todd…

KeyBanc analyst Todd Thomas upgraded VICI Properties to Overweight from Sector Weight with a $33 price target. The analyst cites valuation for the upgrade following the stock's 7% decline since the start of the Q3. With the shares trading at a 6.2% implied cap rate and a 3% 2022 adjusted funds from operations multiple discount versus the net lease subsector, current levels offer an attractive entry point, Thomas tells investors in a research note. He believes visibility toward an investment grade bond rating has improved and that an S&P 500 Index inclusion "could be a significant catalyst in the future."

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VICI VICI Properties
$28.86 /

-0.21 (-0.72%)

VICI VICI Properties
$28.86 /

-0.21 (-0.72%)

10/06/21 KeyBanc
VICI Properties upgraded to Overweight from Sector Weight at KeyBanc
09/28/21 KeyBanc
MGM Growth downgraded to Sector Weight from Overweight at KeyBanc
09/27/21 Baird
VICI Properties positioned for long term earnings growth, says Baird
09/17/21 UBS
MGM Growth downgraded to Neutral from Buy at UBS
VICI VICI Properties
$28.86 /

-0.21 (-0.72%)

  • 10
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  • 04
    Mar
VICI VICI Properties
$28.86 /

-0.21 (-0.72%)

Upgrade
VICI Properties upgraded to Overweight from Sector Weight at KeyBanc » 04:40
10/06/21
10/06
04:40
10/06/21
04:40
VICI

VICI Properties

$28.86 /

-0.21 (-0.72%)

KeyBanc analyst Todd…

KeyBanc analyst Todd Thomas upgraded VICI Properties to Overweight from Sector Weight with a $33 price target.

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VICI VICI Properties
$28.86 /

-0.21 (-0.72%)

VICI VICI Properties
$28.86 /

-0.21 (-0.72%)

09/28/21 KeyBanc
MGM Growth downgraded to Sector Weight from Overweight at KeyBanc
09/27/21 Baird
VICI Properties positioned for long term earnings growth, says Baird
09/17/21 UBS
MGM Growth downgraded to Neutral from Buy at UBS
09/13/21 Deutsche Bank
VICI Properties price target raised to $38 from $36 at Deutsche Bank
VICI VICI Properties
$28.86 /

-0.21 (-0.72%)

  • 10
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  • 04
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VICI VICI Properties
$28.86 /

-0.21 (-0.72%)

Downgrade
MGM Growth downgraded to Sector Weight from Overweight at KeyBanc » 06:02
09/28/21
09/28
06:02
09/28/21
06:02
MGP

MGM Growth

$40.16 /

-0.625 (-1.53%)

, VICI

VICI Properties

$29.37 /

-0.355 (-1.19%)

KeyBanc analyst Todd…

KeyBanc analyst Todd Thomas downgraded MGM Growth to Sector Weight from Overweight without a price target to reflect the pending acquisition by VICI Properties.

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VICI VICI Properties
$29.37 /

-0.355 (-1.19%)

MGP MGM Growth
$40.16 /

-0.625 (-1.53%)

MGP MGM Growth
$40.16 /

-0.625 (-1.53%)

09/27/21 Baird
VICI Properties positioned for long term earnings growth, says Baird
09/17/21 UBS
MGM Growth downgraded to Neutral from Buy at UBS
08/08/21 Truist
MGM Growth downgraded to Hold from Buy at Truist
08/05/21 Mizuho
Gaming and Leisure Properties price target raised to $52 from $50 at Mizuho
VICI VICI Properties
$29.37 /

-0.355 (-1.19%)

09/13/21 Deutsche Bank
VICI Properties price target raised to $38 from $36 at Deutsche Bank
09/01/21 Capital One
VICI Properties initiated with an Overweight at Capital One
VICI VICI Properties
$29.37 /

-0.355 (-1.19%)

MGP MGM Growth
$40.16 /

-0.625 (-1.53%)

  • 10
    Sep
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    Mar
  • 04
    Mar
MGP MGM Growth
$40.16 /

-0.625 (-1.53%)

VICI VICI Properties
$29.37 /

-0.355 (-1.19%)

MGP MGM Growth
$40.16 /

-0.625 (-1.53%)

Recommendations
VICI Properties positioned for long term earnings growth, says Baird » 07:04
09/27/21
09/27
07:04
09/27/21
07:04
VICI

VICI Properties

$29.72 /

-0.32 (-1.07%)

, MGP

MGM Growth

$40.77 /

-0.34 (-0.83%)

Baird analyst Wesley…

Baird analyst Wesley Golladay said VICI Properties (VICI) should be well positioned to deliver favorable long-term earnings growth due to above average internal and external growth with potential incremental growth from lower financing costs. He also noted a recent S-4 filing for the MGM Growth (MP) deal highlighted interest from three additional companies to acquire it, which he believes supports the notion that gaming is gaining traction with institutional capital. Golladay reiterated his Outperform rating and $34 price target on VICI Properties shares.

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VICI VICI Properties
$29.72 /

-0.32 (-1.07%)

MGP MGM Growth
$40.77 /

-0.34 (-0.83%)

VICI VICI Properties
$29.72 /

-0.32 (-1.07%)

09/17/21 UBS
MGM Growth downgraded to Neutral from Buy at UBS
09/13/21 Deutsche Bank
VICI Properties price target raised to $38 from $36 at Deutsche Bank
09/01/21 Capital One
VICI Properties initiated with an Overweight at Capital One
08/05/21 Mizuho
Gaming and Leisure Properties price target raised to $52 from $50 at Mizuho
MGP MGM Growth
$40.77 /

-0.34 (-0.83%)

08/08/21 Truist
MGM Growth downgraded to Hold from Buy at Truist
06/14/21 Wolfe Research
MGM Growth initiated with a Peer Perform at Wolfe Research
VICI VICI Properties
$29.72 /

-0.32 (-1.07%)

MGP MGM Growth
$40.77 /

-0.34 (-0.83%)

  • 10
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    Mar
  • 04
    Mar
MGP MGM Growth
$40.77 /

-0.34 (-0.83%)

VICI VICI Properties
$29.72 /

-0.32 (-1.07%)

Downgrade
MGM Growth downgraded to Neutral from Buy at UBS » 09:27
09/17/21
09/17
09:27
09/17/21
09:27
MGP

MGM Growth

$40.59 /

-0.14 (-0.34%)

, VICI

VICI Properties

$30.00 /

-0.12 (-0.40%)

UBS analyst Robin Farley…

UBS analyst Robin Farley downgraded MGM Growth Properties to Neutral from Buy with a price target of $43, up from $36. The analyst cites the takeover agreement with VICI Properties (VICI) at $43 per share in a stock-for-stock transaction for the downgrade.

ShowHide Related Items >><<
VICI VICI Properties
$30.00 /

-0.12 (-0.40%)

MGP MGM Growth
$40.59 /

-0.14 (-0.34%)

MGP MGM Growth
$40.59 /

-0.14 (-0.34%)

08/08/21 Truist
MGM Growth downgraded to Hold from Buy at Truist
08/05/21 Mizuho
Gaming and Leisure Properties price target raised to $52 from $50 at Mizuho
06/14/21 Wolfe Research
MGM Growth initiated with a Peer Perform at Wolfe Research
05/04/21 Morgan Stanley
MGM Growth price target raised to $38 from $34 at Morgan Stanley
VICI VICI Properties
$30.00 /

-0.12 (-0.40%)

09/13/21 Deutsche Bank
VICI Properties price target raised to $38 from $36 at Deutsche Bank
09/01/21 Capital One
VICI Properties initiated with an Overweight at Capital One
06/14/21 Wolfe Research
VICI Properties initiated with an Outperform at Wolfe Research
VICI VICI Properties
$30.00 /

-0.12 (-0.40%)

MGP MGM Growth
$40.59 /

-0.14 (-0.34%)

  • 10
    Sep
  • 11
    Mar
  • 04
    Mar
MGP MGM Growth
$40.59 /

-0.14 (-0.34%)

VICI VICI Properties
$30.00 /

-0.12 (-0.40%)

MGP MGM Growth
$40.59 /

-0.14 (-0.34%)

Hot Stocks
VICI Properties and ClubCorp announce strategic deal to grow BigShots Golf » 17:13
09/15/21
09/15
17:13
09/15/21
17:13
VICI

VICI Properties

$30.12 /

+0.2 (+0.67%)

VICI Properties and…

VICI Properties and ClubCorp announced that they have entered into a strategic arrangement to grow BigShots Golf, whereby VICI Properties may provide up to $80M of mortgage financing for the construction of up to five new BigShots Golf facilities throughout the United States, subject to definitive documentation. John Payne, President and Chief Operating Officer of VICI Properties, said, "We are excited to partner with ClubCorp, the leading operator of private golf and country clubs in the United States, to help grow their BigShots Golf business. ClubCorp's proven experience creating dynamic member and guest experiences throughout their country club, city and stadium club locations is highly complementary to the BigShots Golf platform and we're thrilled to serve as a financing partner. This arrangement enables VICI to continue expanding into attractive experiential sectors and new geographic markets in a prudent manner while securing additional long-term growth opportunities for VICI." "We are ecstatic to partner with VICI and expand the BigShots Golf brand to new markets across the country" said ClubCorp CEO David Pillsbury. "The golf entertainment industry continues to rapidly grow in popularity as people discover the magic of golf in a fun, non-intimidating environment. BigShots Golf is leading the way with new innovative technology, elevated dining and fun for the whole family. Our partnership with VICI will allow us to continue pursuing new market opportunities and bring the BigShots Golf experience to more communities."

ShowHide Related Items >><<
VICI VICI Properties
$30.12 /

+0.2 (+0.67%)

VICI VICI Properties
$30.12 /

+0.2 (+0.67%)

09/13/21 Deutsche Bank
VICI Properties price target raised to $38 from $36 at Deutsche Bank
09/01/21 Capital One
VICI Properties initiated with an Overweight at Capital One
08/05/21 Mizuho
Gaming and Leisure Properties price target raised to $52 from $50 at Mizuho
06/14/21 Wolfe Research
VICI Properties initiated with an Outperform at Wolfe Research
VICI VICI Properties
$30.12 /

+0.2 (+0.67%)

  • 10
    Sep
  • 04
    Mar
VICI VICI Properties
$30.12 /

+0.2 (+0.67%)

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