Las Vegas Sands (LVS) Expected to Announce Quarterly Earnings on Wednesday

Las Vegas Sands (NYSE:LVS - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Wednesday, April 16th. Analysts expect Las Vegas Sands to post earnings of $0.62 per share and revenue of $2.95 billion for the quarter.

Las Vegas Sands (NYSE:LVS - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The casino operator reported $0.54 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.58 by ($0.04). Las Vegas Sands had a return on equity of 45.82% and a net margin of 12.80%. On average, analysts expect Las Vegas Sands to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Las Vegas Sands Stock Up 1.1 %

Las Vegas Sands stock traded up $0.34 during midday trading on Friday, reaching $32.06. The stock had a trading volume of 5,115,165 shares, compared to its average volume of 6,097,169. The company has a current ratio of 0.74, a quick ratio of 0.73 and a debt-to-equity ratio of 3.35. Las Vegas Sands has a 12 month low of $30.18 and a 12 month high of $56.61. The company has a fifty day moving average price of $41.09 and a two-hundred day moving average price of $47.10. The company has a market capitalization of $22.65 billion, a P/E ratio of 16.27, a PEG ratio of 1.41 and a beta of 0.99.

Las Vegas Sands Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Monday, February 10th were given a $0.25 dividend. The ex-dividend date was Monday, February 10th. This represents a $1.00 annualized dividend and a yield of 3.12%. This is an increase from Las Vegas Sands's previous quarterly dividend of $0.20. Las Vegas Sands's dividend payout ratio (DPR) is presently 50.76%.

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Analysts Set New Price Targets

LVS has been the topic of a number of recent research reports. Citigroup raised their price objective 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. Morgan Stanley decreased their price objective on Las Vegas Sands from $51.00 to $49.00 and set an "equal weight" rating for the company in a report on Monday, February 24th. Macquarie lifted their target price on Las Vegas Sands from $57.00 to $58.00 and gave the company an "outperform" rating in a research report on Wednesday, January 29th. JPMorgan Chase & Co. lowered their price target on Las Vegas Sands from $62.00 to $61.00 and set an "overweight" rating for the company in a research report on Wednesday, January 29th. Finally, Jefferies Financial Group upgraded shares of Las Vegas Sands from a "hold" rating to a "buy" rating and upped their target price for the stock from $60.00 to $69.00 in a research note on Friday, January 3rd. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $59.42.

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.