VICI Properties Inc. (NYSE:VICI) is one of the best high growth low PE stocks to invest in now. On August 20, Barclays analyst Richard Hightower maintained a Buy rating on VICI Properties Inc. (NYSE:VICI) and set a price target of $36.00.
VICI Properties Inc. reported its fiscal Q2 2025 results on July 30, with total revenues for the quarter rising 4.6% year-over-year to $1.0 billion.
Net income attributable to common stockholders rose 16.7% year-over-year to $865.1 million and, on a per share basis, grew 15.1% year-over-year to $0.82. The growth was attributed to the effect of the change in the CECL allowance for the quarter ended June 30.
VICI Properties Inc. also reported that AFFO attributable to common stockholders rose 6.4% year-over-year to $630.2 million and, on a per share basis, grew 4.9% year-over-year to $0.60.
VICI Properties Inc. is a real estate investment trust that owns and acquires hospitality, gaming, and entertainment destinations, including MGM Grand, Caesars Palace Las Vegas, and the Venetian Resort Las Vegas.
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This article is originally published at Insider Monkey.
