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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China

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

$45.88
-4.35 (-8.66%)
(As of 04/18/2024 ET)
Today's Range
$45.44
$48.21
50-Day Range
$50.10
$55.25
52-Week Range
$43.77
$65.58
Volume
21.47 million shs
Average Volume
4.61 million shs
Market Capitalization
$34.47 billion
P/E Ratio
28.68
Dividend Yield
1.74%
Price Target
$64.80

Las Vegas Sands MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
40.5% Upside
$64.47 Price Target
Short Interest
Healthy
1.83% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.32
Upright™ Environmental Score
News Sentiment
0.50mentions of Las Vegas Sands in the last 14 days
Based on 36 Articles This Week
Insider Trading
Selling Shares
$5.21 M Sold Last Quarter
Proj. Earnings Growth
15.02%
From $2.73 to $3.14 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.94 out of 5 stars

Consumer Discretionary Sector

4th out of 255 stocks

Hotels & Motels Industry

1st out of 22 stocks

LVS stock logo

About Las Vegas Sands Stock (NYSE:LVS)

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. The company's integrated resorts feature accommodations, gaming, entertainment and retail malls, convention and exhibition facilities, celebrity chef restaurants, and other amenities. Las Vegas Sands Corp. was founded in 1988 and is based in Las Vegas, Nevada.

LVS Stock Price History

LVS Stock News Headlines

Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Las Vegas Sands Analysts Cut Their Forecasts After Q1 Results
Las Vegas Sands Reports First Quarter 2024 Results
Las Vegas Sands Corp. Q1 Profit Increases, beats estimates
Las Vegas Sands: Q1 Earnings Snapshot
Here's what Wall Street expects from Las Vegas Sands's earnings
See More Headlines
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Company Calendar

Ex-Dividend for 2/14 Dividend
2/05/2024
Dividend Payable
2/14/2024
Last Earnings
4/17/2024
Today
4/18/2024
Next Earnings (Estimated)
7/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Hotels & motels
Sub-Industry
Casinos & Gaming
CUSIP
51783410
Employees
38,700
Year Founded
2004

Price Target and Rating

Average Stock Price Target
$64.80
High Stock Price Target
$77.00
Low Stock Price Target
$53.00
Potential Upside/Downside
+42.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
14 Analysts

Profitability

Net Income
$1.22 billion
Pretax Margin
17.11%

Debt

Sales & Book Value

Annual Sales
$10.37 billion
Cash Flow
$3.27 per share
Book Value
$5.41 per share

Miscellaneous

Free Float
744,429,000
Market Cap
$34.24 billion
Optionable
Optionable
Beta
1.16

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Key Executives

  • Mr. Robert Glen Goldstein (Age 68)
    Chairman, CEO & Treasurer
    Comp: $11.41M
  • Mr. Patrick Dumont (Age 49)
    President, COO & Director
    Comp: $11.62M
  • Mr. Randy A. Hyzak (Age 54)
    Executive VP & CFO
    Comp: $2.73M
  • Mr. D. Zachary Hudson (Age 44)
    Executive VP, Global General Counsel & Secretary
    Comp: $2.55M
  • Mr. Daniel J. Briggs
    Senior Vice President of Investor Relations
  • Mr. Ronald Reese
    Senior Vice President of Global Communications, Corporate Affairs & Public Relations
  • Mr. David Reese Sylvester (Age 60)
    Executive Vice President of Global Retail
  • Mr. Kwan Lock Chum (Age 48)
    Executive VP of Asia Operations & Senior VP of Global Gaming Strategy
  • Mr. Wing T. Chao
    Advisor

Should I Buy Las Vegas Sands Stock? LVS Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Las Vegas Sands Corp.:

  • Las Vegas Sands has strategically shifted its focus to Asian properties, particularly in Macao and Singapore, which have shown significant growth potential.
  • The company's Marina Bay Sands property in Singapore has been generating substantial revenues, with expectations of further growth in the future.
  • Las Vegas Sands' recent financial performance, with a revenue increase of 161.0% year-over-year, indicates positive momentum and potential for continued growth.
  • CEO Robert G. Goldstein's insider transactions, such as selling shares at a higher price, can be seen as a vote of confidence in the company's future prospects.
  • The company's return on equity of 34.40% showcases its ability to generate profits from shareholders' investments.

Cons

Investors should be bearish about investing in Las Vegas Sands Corp. for these reasons:

  • The company's decision to sell off its U.S. properties and focus solely on Asian markets may pose risks due to potential geopolitical and regulatory challenges in those regions.
  • Competition from other major players in the industry, such as Wynn Resorts Limited and MGM Resorts International, could impact Las Vegas Sands' market share and profitability.
  • Market volatility and economic uncertainties could affect the company's financial performance and stock price, leading to potential investment risks.
  • Las Vegas Sands' net margin of 11.77% may indicate lower profitability compared to some of its competitors, raising concerns about its financial health.
  • Investors should carefully consider the current stock price and valuation metrics to assess whether the company's shares are trading at a reasonable value relative to its earnings and growth prospects.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Las Vegas Sands pros and cons to contact@marketbeat.com.

LVS Stock Analysis - Frequently Asked Questions

Should I buy or sell Las Vegas Sands stock right now?

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.

What is Las Vegas Sands' stock price target for 2024?

14 analysts have issued twelve-month price targets for Las Vegas Sands' stock. Their LVS share price targets range from $53.00 to $77.00. On average, they predict the company's stock price to reach $64.47 in the next year. This suggests a possible upside of 40.5% from the stock's current price.
View analysts price targets for LVS
or view top-rated stocks among Wall Street analysts.

How have LVS shares performed in 2024?

Las Vegas Sands' stock was trading at $49.21 at the beginning of the year. Since then, LVS shares have decreased by 6.8% and is now trading at $45.88.
View the best growth stocks for 2024 here
.

Are investors shorting Las Vegas Sands?

Las Vegas Sands saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 7,740,000 shares, an increase of 21.9% from the February 29th total of 6,350,000 shares. Based on an average trading volume of 4,470,000 shares, the short-interest ratio is presently 1.7 days. Approximately 1.9% of the shares of the stock are short sold.
View Las Vegas Sands' Short Interest
.

When is Las Vegas Sands' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 17th 2024.
View our LVS earnings forecast
.

How were Las Vegas Sands' earnings last quarter?

Las Vegas Sands Corp. (NYSE:LVS) released its quarterly earnings data on Wednesday, April, 17th. The casino operator reported $0.75 earnings per share for the quarter, beating analysts' consensus estimates of $0.62 by $0.13. The casino operator earned $2.86 billion during the quarter, compared to the consensus estimate of $2.94 billion. Las Vegas Sands had a trailing twelve-month return on equity of 34.40% and a net margin of 11.77%. The business's revenue was up 34.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.28 earnings per share.
Read the conference call transcript
.

How often does Las Vegas Sands pay dividends? What is the dividend yield for Las Vegas Sands?

Las Vegas Sands declared a quarterly dividend on Wednesday, January 24th. Shareholders of record on Tuesday, February 6th will be given a dividend of $0.20 per share on Wednesday, February 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date is Monday, February 5th.
Read our dividend analysis for LVS
.

Is Las Vegas Sands a good dividend stock?

Las Vegas Sands (NYSE:LVS) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.58%. The dividend payout ratio is 50.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LVS will have a dividend payout ratio of 25.48% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LVS.

How will Las Vegas Sands' stock buyback program work?

Las Vegas Sands announced that its Board of Directors has authorized a stock buyback program on Wednesday, October 18th 2023, which authorizes the company to repurchase $2,000,000,000.00 in 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 generally a sign that the company's board believes its shares are undervalued.

What is Sheldon G. Adelson's approval rating as Las Vegas Sands' CEO?

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.

What other stocks do shareholders of Las Vegas Sands own?

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).

Who are Las Vegas Sands' major shareholders?

Las Vegas Sands' stock is owned by many different retail and institutional investors. Top institutional investors include ARGA Investment Management LP (0.44%), Los Angeles Capital Management LLC (0.09%), IMC Chicago LLC (0.00%), Czech National Bank (0.01%), Wealth Enhancement Advisory Services LLC (0.00%) and Game Plan Financial Advisors LLC (0.00%). Insiders that own company stock include Charles D Forman, Miriam Adelson and Robert G Goldstein.
View institutional ownership trends
.

How do I buy shares of Las Vegas Sands?

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

Does Las Vegas Sands have any subsidiaries?
The following companies are subsidiares of Las Vegas Sands: Cotai Strip Lot 2 Apart Hotel (Macao) Limited, LVS (Nevada) International Holdings Inc., LVS Dutch Finance C.V., LVS Dutch Holding B.V., Las Vegas Sands LLC, MBS Holdings Pte. Ltd., Marina Bay Sands Pte. Ltd., Sands China Ltd., Sands IP Asset Management B.V., Venetian Casino Resort LLC, Venetian Cotai Limited, Venetian Macau Limited, Venetian Orient Limited, Venetian Venture Development Intermediate II, and Venetian Venture Development Intermediate Limited.
Read More
This page (NYSE:LVS) was last updated on 4/18/2024 by MarketBeat.com Staff

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