FY2025 EPS Estimates for Las Vegas Sands Boosted by Analyst

Key Points

• Analysts at Zacks Research have increased their FY2025 earnings per share estimate for Las Vegas Sands to $2.64, up from $2.63, maintaining a "Strong-Buy" rating on the stock.
• Las Vegas Sands reported a quarterly earnings per share of $0.79, significantly beating analysts' expectations of $0.53 and achieving a revenue of $3.18 billion, representing a 15% year-over-year increase.
• The company announced a quarterly dividend of $0.25 per share, reflecting a 2.2% dividend yield and a payout ratio of 50.51%.

Las Vegas Sands Corp. (NYSE:LVS - Free Report) - Investment analysts at Zacks Research raised their FY2025 earnings estimates for Las Vegas Sands in a research report issued on Monday, October 13th. Zacks Research analyst Team now expects that the casino operator will earn $2.64 per share for the year, up from their prior forecast of $2.63. Zacks Research currently has a "Strong-Buy" rating on the stock. The consensus estimate for Las Vegas Sands' current full-year earnings is $2.60 per share.

Several other equities research analysts have also recently issued reports on the stock. Weiss Ratings restated a "hold (c)" rating on shares of Las Vegas Sands in a report on Wednesday, October 8th. Citigroup restated a "buy" rating on shares of Las Vegas Sands in a report on Wednesday, July 9th. Mizuho raised their target price on shares of Las Vegas Sands from $47.00 to $56.00 and gave the stock an "outperform" rating in a report on Thursday, July 24th. UBS Group raised their target price on shares of Las Vegas Sands from $55.00 to $65.00 and gave the stock a "neutral" rating in a report on Thursday, August 28th. Finally, JPMorgan Chase & Co. raised their target price on shares of Las Vegas Sands from $47.00 to $56.00 and gave the stock a "neutral" rating in a report on Thursday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Las Vegas Sands presently has an average rating of "Moderate Buy" and an average price target of $60.20.

Las Vegas Sands Trading Down 6.5%

NYSE:LVS opened at $46.40 on Tuesday. The company's 50 day moving average price is $53.75 and its 200-day moving average price is $45.91. Las Vegas Sands has a 52 week low of $30.18 and a 52 week high of $58.05. The company has a quick ratio of 1.21, a current ratio of 1.22 and a debt-to-equity ratio of 6.53. The stock has a market cap of $31.85 billion, a price-to-earnings ratio of 23.44, a PEG ratio of 1.82 and a beta of 1.01.

Las Vegas Sands (NYSE:LVS - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The casino operator reported $0.79 EPS for the quarter, beating analysts' consensus estimates of $0.53 by $0.26. Las Vegas Sands had a net margin of 12.16% and a return on equity of 55.37%. The firm had revenue of $3.18 billion for the quarter, compared to analysts' expectations of $2.83 billion. During the same quarter in the prior year, the company posted $0.55 earnings per share. The business's revenue for the quarter was up 15.0% on a year-over-year basis.

Institutional Trading of Las Vegas Sands

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Contravisory Investment Management Inc. bought a new stake in Las Vegas Sands in the 3rd quarter valued at $481,000. Wedmont Private Capital bought a new stake in Las Vegas Sands in the 3rd quarter valued at $214,000. Assenagon Asset Management S.A. increased its holdings in Las Vegas Sands by 1,233.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 159,415 shares of the casino operator's stock valued at $8,575,000 after acquiring an additional 147,464 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Las Vegas Sands by 21.9% in the 3rd quarter. GAMMA Investing LLC now owns 7,797 shares of the casino operator's stock worth $419,000 after buying an additional 1,400 shares in the last quarter. Finally, Corient Private Wealth LLC grew its stake in shares of Las Vegas Sands by 2.2% in the 2nd quarter. Corient Private Wealth LLC now owns 27,943 shares of the casino operator's stock worth $1,216,000 after buying an additional 601 shares in the last quarter. 39.16% of the stock is currently owned by institutional investors.

Las Vegas Sands Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 13th. Stockholders of record on Tuesday, August 5th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Tuesday, August 5th. Las Vegas Sands's dividend payout ratio (DPR) is presently 50.51%.

About Las Vegas Sands

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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