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Vici stock forecast market watchers update the VICI stock
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Market watchers update the VICI stock forecast to reflect its robust Q1 2024 earnings beat and reaffirmed full-year guidance. Analysts see continued momentum as the Las Vegas market stays strong. We recently compiled a list of the 10 Best Hospitality Stocks to Buy According to Hedge Funds . In this article, we are going to take a look at where VICI Properties Inc. (NYSE:VICI) stands against the other hospitality stocks. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #2 (Buy) for VICI Properties. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> The updated VICI stock forecast factors in expected revenue growth of 6–8% in 2024, supported by strategic acquisitions in the gaming real estate sector. Dividend sustainability looks secure for the next several years.