Las Vegas Sands (LVS) – Analysts’ Recent Ratings Changes

Several analysts have recently updated their ratings and price targets for Las Vegas Sands (NYSE: LVS):

• 1/30/2025 – Las Vegas Sands had its price target lowered by analysts at Wells Fargo & Company from $60.00 to $59.00. They now have an “overweight” rating on the stock.
• 1/30/2025 – Las Vegas Sands had its price target raised by analysts at Citigroup Inc. from $64.50 to $67.00. They now have a “buy” rating on the stock.
• 1/29/2025 – Las Vegas Sands had its price target lowered by analysts at JPMorgan Chase & Co. from $62.00 to $61.00. They now have an “overweight” rating on the stock.
• 1/29/2025 – Las Vegas Sands had its price target lowered by analysts at Barclays PLC from $61.00 to $58.00. They now have an “overweight” rating on the stock.
• 1/29/2025 – Las Vegas Sands had its price target raised by analysts at Macquarie from $57.00 to $58.00. They now have an “outperform” rating on the stock.
• 1/29/2025 – Las Vegas Sands had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $66.00 to $62.00. They now have a “buy” rating on the stock.
• 1/14/2025 – Las Vegas Sands had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $51.00 price target on the stock, down previously from $54.00.
• 1/3/2025 – Las Vegas Sands was upgraded by analysts at Jefferies Financial Group Inc. from a “hold” rating to a “buy” rating. They now have a $69.00 price target on the stock, up previously from $60.00.
• 12/13/2024 – Las Vegas Sands had its price target raised by analysts at Barclays PLC from $58.00 to $61.00. They now have an “overweight” rating on the stock.
• 12/13/2024 – Las Vegas Sands had its price target raised by analysts at JPMorgan Chase & Co. from $60.00 to $62.00. They now have an “overweight” rating on the stock.

Las Vegas Sands Stock Up 2.2 %

Shares of NYSE:LVS traded up $0.92 during trading hours on Friday, reaching $43.24. The stock had a trading volume of 2,248,666 shares, compared to its average volume of 5,876,032. Las Vegas Sands Corp. has a 1 year low of $36.62 and a 1 year high of $56.60. The firm’s 50 day moving average is $49.22 and its 200-day moving average is $46.79. The stock has a market capitalization of $31.35 billion, a price-to-earnings ratio of 21.95, a P/E/G ratio of 1.40 and a beta of 1.08. The company has a debt-to-equity ratio of 3.09, a quick ratio of 0.89 and a current ratio of 0.90.

Las Vegas Sands (NYSE:LVS) last posted its quarterly earnings results on Wednesday, January 29th. The casino operator reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.04). Las Vegas Sands had a net margin of 12.80% and a return on equity of 43.76%. Research analysts predict that Las Vegas Sands Corp. will post 2.69 earnings per share for the current fiscal year.

Las Vegas Sands Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Monday, February 10th will be paid a $0.25 dividend. This is a positive change from Las Vegas Sands’s previous quarterly dividend of $0.20. This represents a $1.00 annualized dividend and a yield of 2.31%. The ex-dividend date of this dividend is Monday, February 10th. Las Vegas Sands’s dividend payout ratio is currently 40.61%.

Insiders Place Their Bets

In related news, CEO Robert G. Goldstein sold 60,187 shares of the stock in a transaction on Friday, November 29th. The shares were sold at an average price of $53.02, for a total transaction of $3,191,114.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 1.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Las Vegas Sands

Several large investors have recently modified their holdings of LVS. Wilmington Savings Fund Society FSB acquired a new position in Las Vegas Sands during the 3rd quarter worth approximately $26,000. Bank of Jackson Hole Trust acquired a new position in Las Vegas Sands during the fourth quarter worth $26,000. CVA Family Office LLC raised its position in Las Vegas Sands by 118.8% in the third quarter. CVA Family Office LLC now owns 560 shares of the casino operator’s stock worth $28,000 after acquiring an additional 304 shares in the last quarter. UMB Bank n.a. lifted its holdings in Las Vegas Sands by 73.5% in the fourth 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 period. Finally, Ashton Thomas Securities LLC purchased a new stake in shares of Las Vegas Sands during the 3rd quarter worth $34,000. Hedge funds and other institutional investors own 39.16% of the company’s stock.

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.