Brokers Issue Forecasts for Las Vegas Sands FY2025 Earnings

Key Points

• Seaport Res Ptn raised its FY2025 EPS estimate for Las Vegas Sands Corp. to $2.96, up from a previous estimate of $2.90, indicating positive growth expectations.
• The company reported a quarterly EPS of $0.78, exceeding analysts' expectations of $0.62, with revenue reaching $3.33 billion, surpassing forecasts by 24.2% year-over-year.
• Las Vegas Sands declared a quarterly dividend of $0.25 per share, which will be paid on November 12th, reflecting a dividend yield of 1.8% and a payout ratio of 50.51%.

Las Vegas Sands Corp. (NYSE:LVS - Free Report) - Stock analysts at Seaport Res Ptn lifted their FY2025 EPS estimates for Las Vegas Sands in a note issued to investors on Thursday, October 23rd. Seaport Res Ptn analyst V. Umansky now forecasts that the casino operator will earn $2.96 per share for the year, up from their prior estimate of $2.90. The consensus estimate for Las Vegas Sands' current full-year earnings is $2.60 per share. Seaport Res Ptn also issued estimates for Las Vegas Sands' FY2026 earnings at $3.41 EPS and FY2027 earnings at $4.02 EPS.

Several other research analysts have also recently issued reports on LVS. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Las Vegas Sands in a report on Wednesday, October 8th. Susquehanna boosted their price objective on shares of Las Vegas Sands from $62.00 to $63.00 and gave the stock a "positive" rating in a report on Wednesday. Argus upped their price objective on Las Vegas Sands from $60.00 to $65.00 in a research report on Tuesday, September 23rd. Wall Street Zen raised Las Vegas Sands from a "hold" rating to a "buy" rating in a report on Sunday, September 7th. Finally, Mizuho boosted their price target on Las Vegas Sands from $56.00 to $63.00 and gave the stock an "outperform" rating in a research note on Thursday. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $63.33.

Las Vegas Sands Stock Performance

Shares of Las Vegas Sands stock opened at $56.83 on Friday. Las Vegas Sands has a 1 year low of $30.18 and a 1 year high of $58.05. The firm's 50-day moving average is $53.28 and its 200 day moving average is $46.54. The stock has a market cap of $39.01 billion, a price-to-earnings ratio of 25.71, a PEG ratio of 1.82 and a beta of 1.01. The company has a debt-to-equity ratio of 6.53, a current ratio of 1.22 and a quick ratio of 1.21.

Las Vegas Sands (NYSE:LVS - Get Free Report) last released its earnings results on Wednesday, October 22nd. The casino operator reported $0.78 EPS for the quarter, topping analysts' consensus estimates of $0.62 by $0.16. The firm had revenue of $3.33 billion for the quarter, compared to analysts' expectations of $3.04 billion. Las Vegas Sands had a return on equity of 66.94% and a net margin of 12.69%.The company's quarterly revenue was up 24.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.44 earnings per share.

Institutional Trading of Las Vegas Sands

Hedge funds have recently bought and sold shares of the company. Kentucky Retirement Systems Insurance Trust Fund purchased a new position in Las Vegas Sands in the first quarter worth about $391,000. Oppenheimer & Co. Inc. lifted its stake in shares of Las Vegas Sands by 54.5% in the 1st quarter. Oppenheimer & Co. Inc. now owns 10,047 shares of the casino operator's stock worth $388,000 after purchasing an additional 3,542 shares during the period. Asset Management One Co. Ltd. boosted its holdings in shares of Las Vegas Sands by 8.9% in the first quarter. Asset Management One Co. Ltd. now owns 150,120 shares of the casino operator's stock worth $5,799,000 after buying an additional 12,251 shares during the last quarter. Lecap Asset Management Ltd. bought a new stake in Las Vegas Sands during the first quarter valued at approximately $759,000. Finally, Golden State Wealth Management LLC increased its holdings in Las Vegas Sands by 103.2% during the first quarter. Golden State Wealth Management LLC now owns 3,587 shares of the casino operator's stock valued at $139,000 after buying an additional 1,822 shares during the last quarter. Hedge funds and other institutional investors own 39.16% of the company's stock.

Las Vegas Sands Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 12th. Stockholders of record on Tuesday, November 4th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Tuesday, November 4th. Las Vegas Sands's dividend payout ratio is presently 50.51%.

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.

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