Q1 EPS Estimates for Las Vegas Sands Cut by Zacks Research

Las Vegas Sands Corp. (NYSE:LVS - Free Report) - Equities research analysts at Zacks Research lowered their Q1 2025 earnings estimates for shares of Las Vegas Sands in a report released on Wednesday, February 12th. Zacks Research analyst H. Ray now anticipates that the casino operator will post earnings per share of $0.62 for the quarter, down from their prior estimate of $0.65. The consensus estimate for Las Vegas Sands' current full-year earnings is $2.63 per share. Zacks Research also issued estimates for Las Vegas Sands' FY2027 earnings at $3.32 EPS.

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

A number of other equities research analysts also recently weighed in on LVS. Citigroup raised 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. JPMorgan Chase & Co. cut their target price on shares of Las Vegas Sands from $62.00 to $61.00 and set an "overweight" rating on the stock in a research report on Wednesday, January 29th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Las Vegas Sands from $66.00 to $62.00 and set a "buy" rating on the stock in a research report on Wednesday, January 29th. Barclays cut their target price on shares of Las Vegas Sands from $61.00 to $58.00 and set an "overweight" rating on the stock in a research report on Wednesday, January 29th. Finally, UBS Group lifted their target price on shares of Las Vegas Sands from $49.00 to $50.00 and gave the stock a "neutral" rating in a research report on Tuesday, November 5th. Four analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $59.58.

Las Vegas Sands Price Performance

Shares of LVS traded up $0.47 during mid-day trading on Friday, reaching $43.84. The company had a trading volume of 5,451,619 shares, compared to its average volume of 6,113,395. The company's 50 day simple moving average is $47.56 and its 200 day simple moving average is $47.01. Las Vegas Sands has a 1-year low of $36.62 and a 1-year high of $56.60. The company has a debt-to-equity ratio of 3.09, a quick ratio of 0.89 and a current ratio of 0.90. The company has a market capitalization of $31.79 billion, a price-to-earnings ratio of 22.25, a P/E/G ratio of 1.32 and a beta of 1.08.

Institutional Trading of Las Vegas Sands

Hedge funds and other institutional investors have recently bought and sold shares of the business. Meeder Asset Management Inc. increased its stake in 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 purchasing an additional 44,223 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in Las Vegas Sands by 1.4% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 5,627,422 shares of the casino operator's stock valued at $283,284,000 after purchasing an additional 77,807 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in Las Vegas Sands by 32.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 32,948 shares of the casino operator's stock valued at $1,707,000 after purchasing an additional 8,032 shares in the last quarter. Principal Financial Group Inc. increased its stake in Las Vegas Sands by 33.3% during the 3rd quarter. Principal Financial Group Inc. now owns 548,072 shares of the casino operator's stock valued at $27,590,000 after purchasing an additional 136,859 shares in the last quarter. Finally, ARGA Investment Management LP increased its stake in Las Vegas Sands by 32.0% during the 4th quarter. ARGA Investment Management LP now owns 6,501,382 shares of the casino operator's stock valued at $333,911,000 after purchasing an additional 1,577,042 shares in the last quarter. Institutional investors own 39.16% of the company's stock.

Insider Activity

In other Las Vegas Sands news, CEO Robert G. Goldstein sold 60,187 shares of the business's stock in a transaction on Friday, November 29th. The shares were sold at an average price of $53.02, for a total transaction of $3,191,114.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.91% of the stock is currently owned by company insiders.

Las Vegas Sands Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Monday, February 10th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Monday, February 10th. This represents a $1.00 annualized dividend and a dividend yield of 2.28%. This is a positive change from Las Vegas Sands's previous quarterly dividend of $0.20. Las Vegas Sands's payout ratio is currently 40.61%.

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.