Las Vegas Sands Stock Price, News & Analysis (NYSE:LVS)

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Las Vegas Sands in the last year. There are currently 2 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" LVS shares.
View LVS analyst ratings or view top-rated stocks.

14 equities research analysts have issued 12-month target prices for Las Vegas Sands' stock. Their LVS share price targets range from $64.00 to $80.50. On average, they expect the company's share price to reach $69.68 in the next year. This suggests a possible upside of 50.2% from the stock's current price.
View analysts price targets for LVS or view top-rated stocks among Wall Street analysts.

Las Vegas Sands' stock was trading at $48.07 on January 1st, 2023. Since then, LVS shares have decreased by 3.5% and is now trading at $46.39.
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Las Vegas Sands saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 12,450,000 shares, an increase of 34.3% from the October 15th total of 9,270,000 shares. Based on an average daily volume of 4,540,000 shares, the days-to-cover ratio is currently 2.7 days. Currently, 3.8% of the shares of the company are sold short.
View Las Vegas Sands' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024.
View our LVS earnings forecast.

Las Vegas Sands Corp. (NYSE:LVS) released its earnings results on Wednesday, October, 18th. The casino operator reported $0.55 earnings per share for the quarter, meeting the consensus estimate of $0.55. The casino operator earned $2.80 billion during the quarter, compared to analyst estimates of $2.72 billion. Las Vegas Sands had a net margin of 7.81% and a trailing twelve-month return on equity of 21.05%. Las Vegas Sands's quarterly revenue was up 178.1% on a year-over-year basis. During the same period last year, the business posted ($0.27) earnings per share.
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Las Vegas Sands announced a quarterly dividend on Monday, October 16th. Shareholders of record on Tuesday, November 7th will be given a dividend of $0.20 per share on Wednesday, November 15th. This represents a $0.80 annualized dividend and a dividend yield of 1.72%. The ex-dividend date is Monday, November 6th.
Read our dividend analysis for LVS.

Las Vegas Sands (NYSE:LVS) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.78%. The dividend payout ratio is 90.91%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, LVS will have a dividend payout ratio of 27.97% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LVS.

ETFs with the largest weight of Las Vegas Sands (NYSE:LVS) stock in their portfolio include VanEck Gaming ETF (BJK), Invesco Leisure and Entertainment ETF (PEJ), iBET Sports Betting & Gaming ETF (IBET), AdvisorShares Gerber Kawasaki ETF (GK), Direxion Daily Travel & Vacation Bull 2X Shares (OOTO), Alpha Intelligent - Large Cap Value ETF (AILV), Invesco Select Growth ETF (IVSG) and Kovitz Core Equity ETF (EQTY).

Las Vegas Sands announced that its board has approved a stock buyback program on Wednesday, October 18th 2023, which authorizes the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 5.5% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its stock is undervalued.

55 employees have rated Las Vegas Sands Chief Executive Officer Sheldon G. Adelson on Glassdoor.com. Sheldon G. Adelson has an approval rating of 94% among the company's employees. This puts Sheldon G. Adelson in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Las Vegas Sands investors own include AT&T (T), Alibaba Group (BABA), Bank of America (BAC), NVIDIA (NVDA), Wynn Resorts (WYNN), Walt Disney (DIS), Tesla (TSLA), Intel (INTC), JPMorgan Chase & Co. (JPM) and Cisco Systems (CSCO).

Las Vegas Sands' stock is owned by many different retail and institutional investors. Top institutional shareholders include Invesco Ltd. (1.77%), Bank of New York Mellon Corp (0.99%), Wellington Management Group LLP (0.62%), Massachusetts Financial Services Co. MA (0.59%), Northern Trust Corp (0.38%) and Schroder Investment Management Group (0.37%). Insiders that own company stock include Charles D Forman and Miriam Adelson.
View institutional ownership trends.

Shares of LVS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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