Las Vegas Sands (NYSE:LVS) Stock Gets Price Target Cut from Morgan Stanley

Las Vegas Sands (NYSE:LVS) had its price objective lowered by Morgan Stanley from $61.00 to $55.00 in a research report report published on Monday morning,Benzinga reports. The brokerage currently has an equal weight rating on the casino operator’s stock.

LVS has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $62.00 target price (down from $73.00) on shares of Las Vegas Sands in a research report on Thursday, July 23rd. HSBC reduced their price target on Las Vegas Sands from $78.00 to $68.00 and set a “buy” rating on the stock in a report on Thursday, July 23rd. Wolfe Research assumed coverage on Las Vegas Sands in a research note on Wednesday, September 2nd. They set a “peer perform” rating for the company. Mizuho decreased their price target on Las Vegas Sands from $67.00 to $61.00 and set an “outperform” rating for the company in a research note on Thursday, July 23rd. Finally, Stifel Nicolaus dropped their price objective on Las Vegas Sands from $74.00 to $60.00 and set a “buy” rating for the company in a report on Thursday, July 23rd. Eleven equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $57.69.

Las Vegas Sands Stock Performance

Shares of NYSE:LVS opened at $37.47 on Monday. The company has a market capitalization of $24.27 billion, a price-to-earnings ratio of 12.19, a PEG ratio of 0.99 and a beta of 0.78. Las Vegas Sands has a 12 month low of $35.28 and a 12 month high of $70.45. The firm’s 50-day moving average is $41.24 and its 200 day moving average is $46.86. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 15.27.

Las Vegas Sands (NYSE:LVS) last posted its quarterly earnings data 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). The firm had revenue of $3.22 billion during the quarter, compared to analysts’ expectations of $3.33 billion. Las Vegas Sands had a return on equity of 133.90% and a net margin of 12.59%. The business’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same period last year, the company earned $0.78 earnings per share. Research analysts predict that Las Vegas Sands will post 3.01 EPS for the current year.

Institutional Trading of Las Vegas Sands

Hedge funds have recently added to or reduced their stakes in the business. Quadrant Capital Group LLC increased its position in shares of Las Vegas Sands by 4.0% in the 3rd quarter. Quadrant Capital Group LLC now owns 15,949 shares of the casino operator’s stock valued at $591,000 after acquiring an additional 618 shares during the period. Pinnacle Associates Ltd. raised its stake in Las Vegas Sands by 5.7% in the 3rd quarter. Pinnacle Associates Ltd. now owns 283,492 shares of the casino operator’s stock worth $10,719,000 after acquiring an additional 15,305 shares during the last quarter. CWA Asset Management Group LLC raised its stake in Las Vegas Sands by 11.5% in the 3rd quarter. CWA Asset Management Group LLC now owns 98,918 shares of the casino operator’s stock worth $3,740,000 after acquiring an additional 10,188 shares during the last quarter. Burns Matteson Capital Management LLC purchased a new position in Las Vegas Sands in the 3rd quarter worth $489,000. Finally, Howard Capital Management LLC acquired a new stake in Las Vegas Sands during the 3rd quarter worth about $5,391,000. 39.16% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Las Vegas Sands

Here are the key news stories impacting Las Vegas Sands this week:

• Positive Sentiment: Las Vegas Sands repurchased $950 million of its common stock during the quarter and announced a 20% increase in its recurring dividend for 2027, raising the annual payout to $1.44 per share. These actions may support the stock by returning capital to shareholders. Las Vegas Sands Reports Third Quarter 2026 Results
• Positive Sentiment: The company’s ownership of Sands China has climbed above 75.5%, reinforcing its control of the Macau business and signaling a continued commitment to investing in the region. This could benefit long-term growth if Macau visitation and gaming demand improve. Las Vegas Sands doubling down on Macau investment strategy
• Neutral Sentiment: Las Vegas Sands reported $3.22 billion in third-quarter revenue, $352 million in net income and $1.12 billion in consolidated adjusted property EBITDA. Management said it continued executing its strategic objectives in both Singapore and Macau, but the results showed mixed operating momentum. Las Vegas Sands Third Quarter 2026 Presentation
• Negative Sentiment: Adjusted earnings of $0.54 per share missed the $0.68 consensus estimate, while revenue of $3.22 billion fell short of the $3.33 billion forecast. Revenue declined 3.5% year over year, and earnings fell from $0.78 per share in the prior-year quarter. Las Vegas Sands Q3 Earnings and Revenues Miss Estimates
• Negative Sentiment: Soft revenue trends in Macau and Singapore, along with weaker-than-expected destination gaming performance, raised concerns about the company’s near-term earnings outlook. October Macau gaming trends were also reportedly tracking below expectations. Las Vegas Sands falls after soft revenue trends
• Negative Sentiment: JPMorgan lowered its price target from $60 to $54 while maintaining an overweight rating, and Morgan Stanley also reduced its expectations. The cuts reflect increased caution around Macau performance and add pressure to investor sentiment. JPMorgan adjusts price target on Las Vegas Sands

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.