Seaport Res Ptn Comments on Las Vegas Sands FY2025 Earnings

Las Vegas Sands Corp. (NYSE:LVS - Free Report) - Equities researchers at Seaport Res Ptn cut their FY2025 EPS estimates for shares of Las Vegas Sands in a research note issued to investors on Thursday, January 30th. Seaport Res Ptn analyst V. Umansky now forecasts that the casino operator will earn $2.66 per share for the year, down from their prior forecast of $2.80. The consensus estimate for Las Vegas Sands' current full-year earnings is $2.69 per share. Seaport Res Ptn also issued estimates for Las Vegas Sands' FY2026 earnings at $3.12 EPS and FY2027 earnings at $3.51 EPS.

Las Vegas Sands (NYSE:LVS - Get Free Report) last posted its earnings results on Wednesday, January 29th. The casino operator reported $0.54 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.04). Las Vegas Sands had a net margin of 12.80% and a return on equity of 43.76%.

LVS has been the subject of several other research reports. Citigroup upped their target price on shares of Las Vegas Sands from $64.50 to $67.00 and gave the stock a "buy" rating in a research report on Thursday, January 30th. Susquehanna increased their price objective on Las Vegas Sands from $51.00 to $59.00 and gave the stock a "positive" rating in a report on Wednesday, October 16th. Morgan Stanley reaffirmed an "equal weight" rating and set a $51.00 target price (down previously from $54.00) on shares of Las Vegas Sands in a research note on Tuesday, January 14th. Stifel Nicolaus raised their price target on Las Vegas Sands from $55.00 to $64.00 and gave the company a "buy" rating in a report on Thursday, October 24th. Finally, Macquarie upped their price objective on shares of Las Vegas Sands from $57.00 to $58.00 and gave the stock an "outperform" rating in a report on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat, Las Vegas Sands has an average rating of "Moderate Buy" and a consensus price target of $59.58.

Las Vegas Sands Stock Performance

Shares of Las Vegas Sands stock traded down $0.30 during trading on Friday, hitting $44.63. 5,222,683 shares of the stock were exchanged, compared to its average volume of 5,523,507. The company has a debt-to-equity ratio of 3.09, a quick ratio of 0.89 and a current ratio of 0.90. Las Vegas Sands has a 12 month low of $36.62 and a 12 month high of $56.60. The stock's fifty day moving average is $49.69 and its 200 day moving average is $46.82. The stock has a market cap of $32.36 billion, a PE ratio of 22.65, a P/E/G ratio of 1.40 and a beta of 1.08.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Meeder Asset Management Inc. grew its holdings in shares of Las Vegas Sands by 97.2% during the 3rd quarter. Meeder Asset Management Inc. now owns 89,743 shares of the casino operator's stock valued at $4,518,000 after acquiring an additional 44,223 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in Las Vegas Sands by 1.4% during the third quarter. The Manufacturers Life Insurance Company now owns 5,627,422 shares of the casino operator's stock valued at $283,284,000 after acquiring an additional 77,807 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in Las Vegas Sands in the second quarter valued at approximately $619,000. Clearbridge Investments LLC grew its position in Las Vegas Sands by 29.9% in the second quarter. Clearbridge Investments LLC now owns 833,487 shares of the casino operator's stock worth $36,882,000 after acquiring an additional 191,805 shares in the last quarter. Finally, Principal Financial Group Inc. increased its position in Las Vegas Sands by 33.3% during the third quarter. Principal Financial Group Inc. now owns 548,072 shares of the casino operator's stock worth $27,590,000 after buying an additional 136,859 shares during the last quarter. Institutional investors and hedge funds own 39.16% of the company's stock.

Insider Transactions at Las Vegas Sands

In related news, CEO Robert G. Goldstein sold 60,187 shares of the company's stock in a transaction on Friday, November 29th. The stock was sold at an average price of $53.02, for a total transaction of $3,191,114.74. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Robert G. Goldstein sold 24,324 shares of the stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $52.00, for a total value of $1,264,848.00. Following the completion of the sale, the chief executive officer now directly owns 60,187 shares of the company's stock, valued at approximately $3,129,724. This represents a 28.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by insiders.

Las Vegas Sands Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Monday, February 10th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.24%. This is a boost from Las Vegas Sands's previous quarterly dividend of $0.20. The ex-dividend date is Monday, February 10th. Las Vegas Sands's dividend payout ratio (DPR) is presently 40.61%.

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.