On 25 March 2020, VICI Properties Inc. stock identified change of 56.65% away from 52-week low price and recently located move of -46.33% off 52-week high price. It has market worth of $7048.42M and dividend yield of 7.71%. VICI stock has been recorded -35.31% away from 50 day moving average and -33.61% away from 200 day moving average. Moving closer, we can see that shares have been trading -19.68% off 20-day moving average.

VICI Properties Inc. (VICI) recently stated results for the quarter and year ended December 31, 2019.

Fourth Quarter 2019 Financial Results Summary

  • Total revenues were $237.5M for the quarter, contrast to $226.0M for the quarter ended December 31, 2018. The quarter ended December 31, 2018 included $19.9M associated with tenant reimbursement of property taxes that are no longer recorded as revenue1. Not Including the impact of tenant reimbursement of property taxes, total revenues for the quarter increased 15.2% contrast to the quarter ended December 31, 2018.
  • Leasing revenues were $229.8M for the quarter, representing a 15.7% increase contrast to $198.6M for the quarter ended December 31, 2018.
  • Net income attributable to ordinary stockholders was $98.6M for the quarter, contrast to $142.5M for the quarter ended December 31, 2018. Per share net income attributable to ordinary stockholders was $0.21 per diluted share for the quarter, contrast to $0.37 per diluted share for the quarter ended December 31, 2018. The decrease in net income and net income per diluted share for the quarter ended December 31, 2019 is primarily related to costs associated with the early termination of the CPLV CMBS debt in November, amortization of debt issuance costs related to the Eldorado transaction and a raised share count, related to the issuance of 50M shares in June 2019.
  • NAREIT-defined Funds From Operations (“FFO”) attributable to ordinary stockholders was $98.6M, or $0.21 per diluted share, for the quarter contrast to $142.5M, or $0.37 per diluted share, for the quarter ended December 31, 2018. The decrease in FFO and FFO per diluted share for the quarter ended December 31, 2019 is primarily related to costs associated with the early termination of the CPLV CMBS debt in November, amortization of debt issuance costs related to the Eldorado transaction and a raised share count, related to the issuance of 50M shares in June 2019.
  • Adjusted Funds From Operations (“AFFO”) attributable to ordinary stockholders was $176.6M for the quarter, representing a raise of 26.3% contrast to AFFO of $139.9M for the quarter ended December 31, 2018. AFFO was $0.37 per diluted share for the quarter contrast to $0.36 per diluted share for the quarter ended December 31, 2018.

Full Year 2019 Financial Results Summary

  • Total revenues were $894.8M for the year, contrast to $898.0M for the year ended December 31, 2018. The year ended December 31, 2018 included $81.2M associated with tenant reimbursement of property taxes that are no longer recorded as revenue1. Not Including the impact of tenant reimbursement of property taxes, total revenues increased 9.6% contrast to the year ended December 31, 2018.
  • Leasing revenues were $865.9M for the year, representing a 9.7% increase contrast to $789.5M for the year ended December 31, 2018.
  • Net income attributable to ordinary stockholders was $546.0M for the year, contrast to $523.6M for the year ended December 31, 2018. Per share net income attributable to ordinary stockholders for the year was $1.24 per diluted share contrast to $1.43 per diluted share for the year ended December 31, 2018. The year-over-year decrease in per share results is directly attributable to a raised share count, related to the issuance of 50M shares in June 2019.
  • FFO attributable to ordinary stockholders was $546.0M, or $1.24 per diluted share for the year, contrast to $523.6M, or $1.43 per diluted share, for the year ended December 31, 2018. The year-over-year decrease in per share results is directly attributable to a raised share count, related to the issuance of 50M shares in June 2019.
  • AFFO attributable to ordinary stockholders was $649.6M for the year, representing a raise of 23.6% contrast to AFFO of $525.6M for the year ended December 31, 2018. AFFO was $1.48 per diluted share for the year, contrast to $1.43 per diluted share for the year ended December 31, 2018.

VICI Properties Inc. noticed change of 17.70% to $15.43 along volume of 8514464 shares in recent session compared to an average volume of 5337.59K. VICI’s shares are at -39.11% for the quarter and driving a -30.15% return over the course of the past year and is now at -39.61% since this point in 2018.

 

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