Las Vegas Sands (NYSE:LVS – Free Report) had its target price decreased by Deutsche Bank Aktiengesellschaft from $77.00 to $73.00 in a report released on Thursday morning,MarketScreener reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the casino operator’s stock.
Several other research firms have also recently issued reports on LVS. HSBC increased their target price on Las Vegas Sands from $67.50 to $73.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Stifel Nicolaus dropped their price target on Las Vegas Sands from $75.00 to $72.00 and set a “buy” rating for the company in a research note on Thursday, January 29th. The Goldman Sachs Group cut their price objective on shares of Las Vegas Sands from $80.00 to $73.00 and set a “buy” rating for the company in a report on Thursday, January 29th. Jefferies Financial Group lifted their price objective on shares of Las Vegas Sands from $61.00 to $63.00 and gave the company a “hold” rating in a research report on Thursday. Finally, JPMorgan Chase & Co. boosted their target price on shares of Las Vegas Sands from $70.00 to $71.00 and gave the stock an “overweight” rating in a report on Friday, January 23rd. Eleven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $68.28.
View Our Latest Stock Analysis on LVS
Las Vegas Sands Trading Down 8.6%
Las Vegas Sands (NYSE:LVS – Get Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The casino operator reported $0.91 EPS for the quarter, beating 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 business had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $3.32 billion. During the same period last year, the firm earned $0.59 earnings per share. The business’s quarterly revenue was up 25.3% on a year-over-year basis. On average, sell-side analysts anticipate that Las Vegas Sands will post 3.16 earnings per share for the current fiscal year.
Las Vegas Sands Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 13th. Investors of record on Tuesday, May 5th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, May 5th. This represents a $1.20 dividend on an annualized basis and a yield of 2.3%. Las Vegas Sands’s dividend payout ratio is presently 51.28%.
Insiders Place Their Bets
In other Las Vegas Sands news, CEO Patrick Dumont sold 60,165 shares of Las Vegas Sands stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $54.75, for a total value of $3,294,033.75. Following the sale, the chief executive officer owned 511,942 shares of the company’s stock, valued at $28,028,824.50. The trade was a 10.52% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.55% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. Janney Montgomery Scott LLC increased its position in Las Vegas Sands by 206.2% in the first quarter. Janney Montgomery Scott LLC now owns 39,686 shares of the casino operator’s stock worth $2,138,000 after purchasing an additional 26,725 shares during the last quarter. Fort Washington Investment Advisors Inc. OH lifted its position in Las Vegas Sands by 1.8% during the first quarter. Fort Washington Investment Advisors Inc. OH now owns 1,574,544 shares of the casino operator’s stock valued at $84,836,000 after purchasing an additional 27,267 shares during the last quarter. Louisiana State Employees Retirement System bought a new position in Las Vegas Sands during the first quarter valued at $830,000. Kestra Private Wealth Services LLC grew its stake in shares of Las Vegas Sands by 25.0% in the 1st quarter. Kestra Private Wealth Services LLC now owns 8,575 shares of the casino operator’s stock worth $462,000 after buying an additional 1,716 shares in the last quarter. Finally, Ritholtz Wealth Management grew its stake in shares of Las Vegas Sands by 44.2% in the 1st quarter. Ritholtz Wealth Management now owns 24,138 shares of the casino operator’s stock worth $1,301,000 after buying an additional 7,404 shares in the last quarter. 39.16% of the stock is owned by hedge funds and other institutional investors.
Las Vegas Sands News Summary
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
Las Vegas Sands Company Profile
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.
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