Seaport Research Partners Cuts Las Vegas Sands (NYSE:LVS) Price Target to $69.00

Las Vegas Sands (NYSE:LVS) had its price objective trimmed by Seaport Research Partners from $72.00 to $69.00 in a research report report published on Tuesday morning,MarketScreener reports. The firm currently has a buy rating on the casino operator’s stock.

A number of other equities analysts have also recently issued reports on LVS. Zacks Research cut Las Vegas Sands from a “strong-buy” rating to a “hold” rating in a report on Monday, December 22nd. Stifel Nicolaus cut their price objective on Las Vegas Sands from $75.00 to $72.00 and set a “buy” rating for the company in a report on Thursday, January 29th. Wall Street Zen cut Las Vegas Sands from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 14th. Deutsche Bank Aktiengesellschaft upped their price objective on Las Vegas Sands from $76.00 to $77.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Finally, Citigroup upped their price objective on Las Vegas Sands from $76.75 to $78.50 and gave the stock a “buy” rating in a report on Monday, April 13th. Eleven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.28.

Las Vegas Sands Price Performance

Shares of NYSE LVS opened at $51.98 on Tuesday. The firm has a market capitalization of $34.50 billion, a P/E ratio of 19.25, a P/E/G ratio of 1.42 and a beta of 0.89. The company has a quick ratio of 1.13, a current ratio of 1.14 and a debt-to-equity ratio of 7.58. The stock’s 50-day simple moving average is $55.04 and its two-hundred day simple moving average is $58.91. Las Vegas Sands has a twelve month low of $34.36 and a twelve month high of $70.45.

Las Vegas Sands (NYSE:LVS) last posted its quarterly earnings data on Wednesday, April 22nd. The casino operator reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.15. Las Vegas Sands had a return on equity of 112.15% and a net margin of 13.41%.The firm had revenue of $3.59 billion during the quarter, compared to analysts’ expectations of $3.32 billion. During the same period in the prior year, the business earned $0.59 EPS. The company’s revenue for the quarter was up 25.3% compared to the same quarter last year. As a group, equities analysts anticipate that Las Vegas Sands will post 3.16 EPS for the current fiscal year.

Las Vegas Sands Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 13th. Investors of record on Tuesday, May 5th will be issued a dividend of $0.30 per share. The ex-dividend date is Tuesday, May 5th. This represents a $1.20 annualized dividend and a yield of 2.3%. Las Vegas Sands’s dividend payout ratio is currently 51.28%.

Insiders Place Their Bets

In related news, CEO Patrick Dumont sold 60,165 shares of the stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $54.75, for a total transaction of $3,294,033.75. Following the completion of the sale, the chief executive officer directly owned 511,942 shares in the company, valued at $28,028,824.50. This represents a 10.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.55% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Las Vegas Sands

Institutional investors have recently bought and sold shares of the stock. Grove Bank & Trust bought a new position in shares of Las Vegas Sands in the 4th quarter worth approximately $26,000. International Assets Investment Management LLC bought a new position in shares of Las Vegas Sands in the 4th quarter worth approximately $26,000. Westside Investment Management Inc. raised its position in shares of Las Vegas Sands by 48.0% in the 3rd quarter. Westside Investment Management Inc. now owns 512 shares of the casino operator’s stock worth $28,000 after acquiring an additional 166 shares in the last quarter. DV Equities LLC bought a new position in shares of Las Vegas Sands in the 4th quarter worth approximately $28,000. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA bought a new position in shares of Las Vegas Sands in the 4th quarter worth approximately $29,000. 39.16% of the stock is currently owned by hedge funds and other institutional investors.

Key Las Vegas Sands News

Here are the key news stories impacting Las Vegas Sands this week:

• Positive Sentiment: Q1 beat and solid top-line growth — LVS reported ~25% YoY revenue growth, EPS above estimates, consolidated adjusted property EBITDA up about 24.6%, and management disclosed $740M of share repurchases; these are supportive for earnings momentum and shareholder returns. PR Newswire: Q1 Results
• Positive Sentiment: Strong Marina Bay Sands performance — VIP/high-end gaming rebound in Singapore drove outsized revenue gains, helping offset Macao softness and boosting consolidated results. Yahoo: Marina Bay Sands Boosts Revenue
• Neutral Sentiment: Analyst reactions are mixed but mostly constructive — several firms raised price targets (Morgan Stanley, Stifel, Mizuho, HSBC) while a few trimmed theirs; the changes reflect differing views on Macau margin recovery vs. growth. These updates create varied near-term sentiment but don’t alter the underlying beat. MarketScreener: Analyst Moves
• Negative Sentiment: Macau margin pressure and near-term spending concerns — investors focused on a decline in adjusted property EBITDA margin Y/Y, management commentary about staffing/service investments and promotional intensity in Macau’s high-end segment, which could compress margins and offset revenue gains. This is the main driver of the stock decline. QuiverQuant: Margin Pressure Analysis
• Negative Sentiment: Insider and institutional activity raises caution — notable insider selling and large institutional portfolio shifts were flagged in reporting, which can weigh on sentiment even after a beat. QuiverQuant: Insider & Institutional Activity

About Las Vegas Sands

Las Vegas Sands (NYSE: LVS) is a global developer and operator of integrated resorts, focused on large-scale properties that combine casino gaming with hotels, convention and exhibition facilities, retail, dining, and entertainment. The company’s operations center on developing and managing full-service resort complexes that serve both leisure and business travelers, with emphasis on convention and trade-show business in addition to gaming revenue streams.

The company’s portfolio has included prominent properties in North America and Asia, most notably The Venetian Resort in Las Vegas and Marina Bay Sands in Singapore, along with a significant presence in Macau through multiple integrated resorts.