FY2025 EPS Estimates for Las Vegas Sands Lowered by Analyst

Las Vegas Sands Corp. (NYSE:LVS - Free Report) - Seaport Res Ptn reduced their FY2025 EPS estimates for shares of Las Vegas Sands in a note issued to investors on Thursday, April 24th. Seaport Res Ptn analyst V. Umansky now expects that the casino operator will earn $2.35 per share for the year, down from their prior estimate of $2.66. 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' FY2026 earnings at $2.78 EPS and FY2027 earnings at $3.23 EPS.

Las Vegas Sands (NYSE:LVS - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The casino operator reported $0.59 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.60 by ($0.01). The firm had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.95 billion. Las Vegas Sands had a net margin of 12.80% and a return on equity of 45.82%. The firm's revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.78 earnings per share.

A number of other research analysts have also commented on LVS. Wells Fargo & Company decreased their price target on shares of Las Vegas Sands from $60.00 to $59.00 and set an "overweight" rating on the stock in a research note on Thursday, January 30th. Barclays decreased their price target on shares of Las Vegas Sands from $58.00 to $53.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Stifel Nicolaus set a $57.00 price target on shares of Las Vegas Sands and gave the company a "buy" rating in a research note on Thursday. Hsbc Global Res upgraded shares of Las Vegas Sands to a "strong-buy" rating in a research note on Thursday. Finally, Citigroup upped their price target on shares of Las Vegas Sands from $64.50 to $67.00 and gave the company a "buy" rating in a research note on Thursday, January 30th. Four investment 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. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $56.75.

Las Vegas Sands Stock Performance

Shares of LVS stock traded up $0.12 on Friday, reaching $36.01. The stock had a trading volume of 5,844,542 shares, compared to its average volume of 6,061,917. The company has a quick ratio of 0.73, a current ratio of 0.74 and a debt-to-equity ratio of 3.35. The firm's 50-day moving average is $39.27 and its two-hundred day moving average is $45.82. The firm has a market capitalization of $25.45 billion, a price-to-earnings ratio of 18.28, a P/E/G ratio of 1.41 and a beta of 0.99. Las Vegas Sands has a 12 month low of $30.18 and a 12 month high of $56.61.

Las Vegas Sands Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 14th. Investors of record on Tuesday, May 6th will be paid a $0.25 dividend. The ex-dividend date is Tuesday, May 6th. This represents a $1.00 dividend on an annualized basis and a yield of 2.78%. Las Vegas Sands's dividend payout ratio (DPR) is 55.56%.

Las Vegas Sands declared that its Board of Directors has approved a share repurchase program on Wednesday, April 23rd that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the casino operator to reacquire up to 8.2% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its shares are undervalued.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in LVS. Capital Research Global Investors grew its stake in shares of Las Vegas Sands by 26.5% during the fourth quarter. Capital Research Global Investors now owns 58,824,289 shares of the casino operator's stock worth $3,021,205,000 after buying an additional 12,304,533 shares during the last quarter. Janus Henderson Group PLC grew its stake in shares of Las Vegas Sands by 55.7% during the fourth quarter. Janus Henderson Group PLC now owns 14,218,581 shares of the casino operator's stock worth $730,295,000 after buying an additional 5,088,095 shares during the last quarter. Fisher Asset Management LLC grew its stake in shares of Las Vegas Sands by 1.2% during the fourth quarter. Fisher Asset Management LLC now owns 13,810,351 shares of the casino operator's stock worth $709,300,000 after buying an additional 160,711 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of Las Vegas Sands by 13.5% during the fourth quarter. Bank of New York Mellon Corp now owns 11,662,548 shares of the casino operator's stock worth $598,988,000 after buying an additional 1,389,963 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC grew its stake in shares of Las Vegas Sands by 29.8% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 9,382,267 shares of the casino operator's stock worth $481,873,000 after buying an additional 2,152,829 shares during the last quarter. 39.16% of the stock is owned by institutional investors.

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.