Seaport Res Ptn Predicts Higher Earnings for Las Vegas Sands

Las Vegas Sands Corp. (NYSE:LVS - Free Report) - Analysts at Seaport Res Ptn increased their FY2025 EPS estimates for shares of Las Vegas Sands in a report issued on Monday, July 21st. Seaport Res Ptn analyst V. Umansky now anticipates that the casino operator will post earnings of $2.39 per share for the year, up from their previous estimate of $2.35. 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' Q4 2025 earnings at $0.66 EPS and FY2027 earnings at $3.29 EPS.

A number of other research analysts also recently commented on the stock. Morgan Stanley lifted their price objective on shares of Las Vegas Sands from $45.00 to $47.00 and gave the company an "equal weight" rating in a research report on Friday, July 11th. Bank of America lifted their price objective on shares of Las Vegas Sands from $52.50 to $58.00 and gave the company a "neutral" rating in a research report on Thursday. Susquehanna decreased their price objective on shares of Las Vegas Sands from $59.00 to $58.00 and set a "positive" rating for the company in a research report on Monday, July 21st. UBS Group lifted their target price on shares of Las Vegas Sands from $43.00 to $48.00 and gave the stock a "neutral" rating in a report on Tuesday, July 8th. Finally, Barclays lifted their target price on shares of Las Vegas Sands from $57.00 to $58.00 and gave the stock an "overweight" rating in a report on Thursday. Six equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Las Vegas Sands presently has a consensus rating of "Moderate Buy" and a consensus target price of $57.50.

Las Vegas Sands Stock Performance

Shares of LVS traded up $1.62 during midday trading on Wednesday, reaching $52.41. The stock had a trading volume of 6,936,695 shares, compared to its average volume of 5,107,893. The firm has a 50 day simple moving average of $44.48 and a 200-day simple moving average of $42.14. Las Vegas Sands has a one year low of $30.18 and a one year high of $56.60. The firm has a market cap of $37.03 billion, a PE ratio of 26.47, a P/E/G ratio of 2.48 and a beta of 1.03. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 3.58.

Las Vegas Sands (NYSE:LVS - Get Free Report) last announced its quarterly earnings data 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 51.16%. The company had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $2.83 billion. During the same quarter last year, the firm posted $0.55 EPS. The company's quarterly revenue was up 15.0% on a year-over-year basis.

Las Vegas Sands announced that its Board of Directors has authorized a share buyback program on Wednesday, April 23rd that permits the company to buyback $2.00 billion in shares. This buyback authorization permits the casino operator to reacquire up to 8.2% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's management believes its stock is undervalued.

Las Vegas Sands Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 13th. Stockholders of record on Tuesday, August 5th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.91%. The ex-dividend date of this dividend is Tuesday, August 5th. Las Vegas Sands's dividend payout ratio (DPR) is currently 50.51%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Achmea Investment Management B.V. lifted its holdings in shares of Las Vegas Sands by 55.4% during the 1st quarter. Achmea Investment Management B.V. now owns 31,411 shares of the casino operator's stock worth $1,213,000 after acquiring an additional 11,197 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Las Vegas Sands by 18.4% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 39,005 shares of the casino operator's stock worth $1,489,000 after acquiring an additional 6,057 shares during the period. Polymer Capital Management HK LTD bought a new stake in shares of Las Vegas Sands during the 4th quarter worth approximately $2,311,000. Northern Trust Corp lifted its holdings in shares of Las Vegas Sands by 12.4% during the 4th quarter. Northern Trust Corp now owns 3,088,597 shares of the casino operator's stock worth $158,630,000 after acquiring an additional 339,992 shares during the period. Finally, Massachusetts Financial Services Co. MA lifted its holdings in shares of Las Vegas Sands by 0.9% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,192,285 shares of the casino operator's stock worth $61,236,000 after acquiring an additional 10,544 shares during the period. Institutional investors and hedge funds own 39.16% of the company's stock.

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.