Zacks Research Forecasts Lower Earnings for Las Vegas Sands

Las Vegas Sands Corp. (NYSE:LVS) – Stock analysts at Zacks Research reduced their Q1 2025 earnings estimates for shares of Las Vegas Sands in a research note issued on Wednesday, February 12th. Zacks Research analyst H. Ray now expects that the casino operator will earn $0.62 per share for the quarter, down from their prior estimate of $0.65. The consensus estimate for Las Vegas Sands’ current full-year earnings is $2.63 per share. Zacks Research also issued estimates for Las Vegas Sands’ FY2027 earnings at $3.32 EPS.

Other equities research analysts have also recently issued reports about the stock. Barclays decreased their target price on shares of Las Vegas Sands from $61.00 to $58.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 29th. Citigroup lifted their price target on shares of Las Vegas Sands from $64.50 to $67.00 and gave the company a “buy” rating in a report on Thursday, January 30th. Wells Fargo & Company dropped their price objective on Las Vegas Sands from $60.00 to $59.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Morgan Stanley reissued an “equal weight” rating and set a $51.00 price target (down previously from $54.00) on shares of Las Vegas Sands in a research report on Tuesday, January 14th. Finally, UBS Group upped their price target on Las Vegas Sands from $49.00 to $50.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 5th. Four research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $59.58.

Las Vegas Sands Stock Up 0.8 %

Shares of NYSE:LVS opened at $42.22 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 3.09. The firm has a market cap of $30.61 billion, a price-to-earnings ratio of 21.43, a PEG ratio of 1.32 and a beta of 1.08. The stock’s 50-day moving average price is $48.24 and its two-hundred day moving average price is $46.88. Las Vegas Sands has a 12-month low of $36.62 and a 12-month high of $56.60.

Las Vegas Sands (NYSE:LVS) last announced its quarterly earnings data on Wednesday, January 29th. The casino operator reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.04). Las Vegas Sands had a net margin of 12.80% and a return on equity of 43.76%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of LVS. Bank of Jackson Hole Trust acquired a new position in shares of Las Vegas Sands in the 4th quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Las Vegas Sands in the third quarter worth $26,000. UMB Bank n.a. boosted its stake in Las Vegas Sands by 73.5% during the 4th quarter. UMB Bank n.a. now owns 583 shares of the casino operator’s stock valued at $30,000 after acquiring an additional 247 shares during the last quarter. Ashton Thomas Securities LLC bought a new position in Las Vegas Sands during the 3rd quarter valued at $34,000. Finally, Brown Brothers Harriman & Co. bought a new position in Las Vegas Sands during the 4th quarter valued at $36,000. Hedge funds and other institutional investors own 39.16% of the company’s stock.

Insider Transactions at Las Vegas Sands

In other news, CEO Robert G. Goldstein sold 60,187 shares of the firm’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $53.02, for a total transaction of $3,191,114.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.91% of the company’s stock.

Las Vegas Sands Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Monday, February 10th will be paid a dividend of $0.25 per share. The ex-dividend date is Monday, February 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.37%. This is a positive change from Las Vegas Sands’s previous quarterly dividend of $0.20. Las Vegas Sands’s dividend payout ratio (DPR) is currently 40.61%.

Las Vegas Sands Company Profile

Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Macao and Singapore. It owns and operates The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, Cotai Strip, and the Sands Macao in Macao, the People’s Republic of China; and Marina Bay Sands in Singapore.