Las Vegas Sands Corp. (NYSE:LVS – Get Free Report) has earned a consensus rating of “Hold” from the twenty brokerages that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and ten have issued a buy rating on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $53.28.
LVS has been the topic of a number of analyst reports. Wells Fargo & Company dropped their price target on Las Vegas Sands from $44.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 22nd. JPMorgan Chase & Co. reduced their price objective on Las Vegas Sands from $60.00 to $54.00 and set an “overweight” rating for the company in a report on Tuesday, October 20th. Zacks Research lowered shares of Las Vegas Sands from a “hold” rating to a “strong sell” rating in a report on Tuesday. The Goldman Sachs Group set a $41.00 target price on Las Vegas Sands in a research report on Thursday, October 22nd. Finally, Bank of America dropped their price objective on Las Vegas Sands from $50.00 to $45.00 and set a “neutral” rating for the company in a research report on Thursday, October 22nd.
View Our Latest Stock Analysis on Las Vegas Sands
Institutional Investors Weigh In On Las Vegas Sands
Hedge funds have recently added to or reduced their stakes in the stock. Allworth Financial LP raised its position in Las Vegas Sands by 1.7% during the 3rd quarter. Allworth Financial LP now owns 15,089 shares of the casino operator’s stock worth $571,000 after buying an additional 246 shares during the last quarter. Ritholtz Wealth Management raised its holdings in shares of Las Vegas Sands by 59.7% during the third quarter. Ritholtz Wealth Management now owns 32,552 shares of the casino operator’s stock valued at $1,231,000 after buying an additional 12,175 shares during the last quarter. Jefferies Financial Group Inc. acquired a new position in shares of Las Vegas Sands in the third quarter worth $849,000. Lido Advisors LLC grew its position in Las Vegas Sands by 12.6% in the third quarter. Lido Advisors LLC now owns 5,381 shares of the casino operator’s stock valued at $203,000 after acquiring an additional 601 shares during the period. Finally, Kestra Investment Management LLC raised its position in Las Vegas Sands by 3.9% in the 3rd quarter. Kestra Investment Management LLC now owns 50,505 shares of the casino operator’s stock valued at $1,910,000 after buying an additional 1,883 shares during the last quarter. 39.16% of the stock is owned by institutional investors.
Key Stories Impacting Las Vegas Sands
Here are the key news stories impacting Las Vegas Sands this week:
- Positive Sentiment: Despite LVS lagging the broader market over the past year, Wall Street analysts remain moderately optimistic about its prospects, offering a counterpoint to the recent bearish calls. Do Wall Street Analysts Like Las Vegas Sands Stock?
- Negative Sentiment: Zacks Research lowered its earnings forecasts across several quarters through 2028, including reducing its FY2026 EPS estimate from $3.09 to $2.74, and downgraded LVS from “Hold” to “Strong Sell.” The broad revisions suggest weaker earnings expectations and could pressure investor sentiment. Las Vegas Sands analyst and estimate updates
- Negative Sentiment: A recent valuation article highlights a 21% decline in EBITDA and questions whether LVS shares are above fair value, raising concerns about earnings performance and valuation. Is Las Vegas Sands Above Fair Value After EBITDA Fell 21%?
Las Vegas Sands Trading Down 0.3%
NYSE LVS opened at $40.79 on Wednesday. The company has a quick ratio of 0.82, a current ratio of 0.83 and a debt-to-equity ratio of 15.27. The firm has a market capitalization of $25.57 billion, a PE ratio of 13.22, a P/E/G ratio of 0.89 and a beta of 0.78. The stock’s 50 day moving average is $39.28 and its 200 day moving average is $48.55. Las Vegas Sands has a twelve month low of $35.03 and a twelve month high of $70.45.
Las Vegas Sands (NYSE:LVS – Get Free Report) last announced its earnings results on Wednesday, October 21st. The casino operator reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.14). Las Vegas Sands had a return on equity of 177.43% and a net margin of 11.85%. The business had revenue of $3.22 billion for the quarter, compared to analysts’ expectations of $3.33 billion. During the same quarter last year, the firm earned $0.78 earnings per share. The firm’s quarterly revenue was down 3.5% compared to the same quarter last year. Research analysts forecast that Las Vegas Sands will post 2.81 earnings per share for the current fiscal year.
Las Vegas Sands Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Monday, November 2nd will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Monday, November 2nd. Las Vegas Sands’s payout ratio is presently 49.18%.
Las Vegas Sands Company Profile
Las Vegas Sands Corp. (NYSE: LVS) is a global developer and operator of integrated resorts, combining hotel accommodations, casinos, convention and exhibition facilities, restaurants, retail outlets, entertainment venues and other leisure amenities. The company serves both mass-market and premium customers through large-scale properties designed to support tourism and business travel.
Las Vegas Sands’ principal operations are in Macau and Singapore. Its Macau portfolio includes properties such as The Venetian Macao, The Londoner Macao, The Parisian Macao, Sands Macao and The Plaza Macao.
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