Las Vegas Sands Corp. (NYSE:LVS – Free Report) – Equities research analysts at Zacks Research cut their FY2026 earnings estimates for Las Vegas Sands in a note issued to investors on Wednesday, November 4th. Zacks Research analyst Team now anticipates that the casino operator will post earnings per share of $2.74 for the year, down from their previous forecast of $3.09. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Las Vegas Sands’ current full-year earnings is $2.86 per share. Zacks Research also issued estimates for Las Vegas Sands’ Q4 2026 earnings at $0.70 EPS, Q1 2027 earnings at $0.80 EPS, Q2 2027 earnings at $0.70 EPS, Q3 2027 earnings at $0.70 EPS, Q4 2027 earnings at $0.80 EPS, Q1 2028 earnings at $0.89 EPS, Q2 2028 earnings at $0.74 EPS and Q3 2028 earnings at $0.79 EPS.
Las Vegas Sands (NYSE:LVS – Get Free Report) last posted its earnings results on Wednesday, October 21st. The casino operator reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $3.33 billion. During the same quarter last year, the firm earned $0.78 earnings per share. The business’s quarterly revenue was down 3.5% on a year-over-year basis.
Several other research analysts have also commented on the company. Wolfe Research assumed coverage on Las Vegas Sands in a research report on Wednesday, September 2nd. They issued a “peer perform” rating for the company. Bank of America decreased their price objective on Las Vegas Sands from $50.00 to $45.00 and set a “neutral” rating on the stock in a research report on Thursday, October 22nd. Wall Street Zen lowered Las Vegas Sands from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Weiss Ratings cut Las Vegas Sands from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, October 19th. Finally, HC Wainwright cut Las Vegas Sands to a “neutral” rating in a report on Thursday, July 30th. Ten investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $53.28.
Las Vegas Sands Stock Up 0.5%
Shares of NYSE LVS opened at $40.93 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.82 and a debt-to-equity ratio of 15.27. Las Vegas Sands has a 12-month low of $35.03 and a 12-month high of $70.45. The firm’s 50-day moving average price is $39.35 and its 200-day moving average price is $48.64. The stock has a market capitalization of $25.66 billion, a price-to-earnings ratio of 16.78, a P/E/G ratio of 0.95 and a beta of 0.78.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the stock. Ritholtz Wealth Management boosted its position in Las Vegas Sands by 59.7% in the 3rd 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 period. Jefferies Financial Group Inc. bought a new position in Las Vegas Sands in the 3rd quarter worth about $849,000. Lido Advisors LLC grew its stake in Las Vegas Sands by 12.6% in the 3rd quarter. Lido Advisors LLC now owns 5,381 shares of the casino operator’s stock worth $203,000 after acquiring an additional 601 shares in the last quarter. Kestra Investment Management LLC increased its position in shares of Las Vegas Sands by 3.9% during the third quarter. Kestra Investment Management LLC now owns 50,505 shares of the casino operator’s stock worth $1,910,000 after acquiring an additional 1,883 shares during the period. Finally, AlphaCore Capital LLC increased its position in shares of Las Vegas Sands by 14.2% during the third quarter. AlphaCore Capital LLC now owns 5,938 shares of the casino operator’s stock worth $225,000 after acquiring an additional 740 shares during the period. 39.16% of the stock is currently owned by institutional investors.
Las Vegas Sands Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Monday, November 2nd will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Monday, November 2nd. Las Vegas Sands’s payout ratio is currently 49.18%.
About Las Vegas Sands
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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