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

$42.10
+1.31 (+3.21%)
(As of 09/19/2024 ET)

About Las Vegas Sands Stock (NYSE:LVS)

Key Stats

Today's Range
$41.71
$42.67
50-Day Range
$37.88
$42.88
52-Week Range
$36.62
$55.65
Volume
5.32 million shs
Average Volume
5.54 million shs
Market Capitalization
$31.37 billion
P/E Ratio
20.34
Dividend Yield
1.90%
Price Target
$55.25
Consensus Rating
Moderate Buy

Company Overview

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.

Las Vegas Sands Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 94th Percentile

Las Vegas Sands scored higher than 94% of companies evaluated by MarketBeat, and ranked 30th out of 297 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Las Vegas Sands has received a consensus rating of Moderate Buy. The company's average rating score is 2.77, and is based on 10 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Las Vegas Sands has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Las Vegas Sands' stock forecast and price target.
  • Earnings Growth

    Earnings for Las Vegas Sands are expected to grow by 12.20% in the coming year, from $2.46 to $2.76 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Las Vegas Sands is 20.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.24.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Las Vegas Sands is 20.34, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.35.

  • Price to Earnings Growth Ratio

    Las Vegas Sands has a PEG Ratio of 1.12. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Las Vegas Sands has a P/B Ratio of 7.78. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Las Vegas Sands' valuation and earnings.
  • Percentage of Shares Shorted

    3.31% of the float of Las Vegas Sands has been sold short.
  • Short Interest Ratio / Days to Cover

    Las Vegas Sands has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Las Vegas Sands has recently increased by 7.41%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Las Vegas Sands pays a meaningful dividend of 2.00%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Las Vegas Sands does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Las Vegas Sands is 38.65%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Las Vegas Sands will have a dividend payout ratio of 28.99% next year. This indicates that Las Vegas Sands will be able to sustain or increase its dividend.

  • Read more about Las Vegas Sands' dividend.
  • Percentage of Shares Shorted

    3.31% of the float of Las Vegas Sands has been sold short.
  • Short Interest Ratio / Days to Cover

    Las Vegas Sands has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Las Vegas Sands has recently increased by 7.41%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Las Vegas Sands has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 15 news articles for Las Vegas Sands this week, compared to 10 articles on an average week.
  • Search Interest

    Only 18 people have searched for LVS on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added Las Vegas Sands to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Las Vegas Sands insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.91% of the stock of Las Vegas Sands is held by insiders.

  • Percentage Held by Institutions

    Only 39.16% of the stock of Las Vegas Sands is held by institutions.

  • Read more about Las Vegas Sands' insider trading history.

LVS Stock News Headlines

Morgan Stanley Remains a Buy on Las Vegas Sands (LVS)
Our #1 Ticker for the Rare "Retirement Window"
We've only seen this happen three times in the past 20 years... And every time - like clockwork - it's minted an entire new class of millionaires.
Jefferies Sticks to Its Hold Rating for Las Vegas Sands (LVS)
See More Headlines

LVS Stock Analysis - Frequently Asked Questions

Las Vegas Sands' stock was trading at $49.21 on January 1st, 2024. Since then, LVS stock has decreased by 14.4% and is now trading at $42.10.
View the best growth stocks for 2024 here
.

Las Vegas Sands Corp. (NYSE:LVS) posted its quarterly earnings results on Wednesday, July, 24th. The casino operator reported $0.55 earnings per share for the quarter, missing analysts' consensus estimates of $0.56 by $0.01. The business's quarterly revenue was up 8.6% on a year-over-year basis.
Read the conference call transcript
.

Las Vegas Sands' board initiated a share repurchase program on Wednesday, October 18th 2023, which allows the company to buy back $2,000,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 5.5% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its shares are undervalued.

The following companies are subsidiaries of Las Vegas Sands: Cotai Strip Lot 2 Apart Hotel (Macao) Limited, Las Vegas Sands LLC, LVS Dutch Finance C.V., LVS Dutch Holding B.V., LVS (Nevada) International Holdings Inc., Marina Bay Sands Pte. Ltd., MBS Holdings Pte. Ltd., and others.

Top institutional investors of Las Vegas Sands include Bank of New York Mellon Corp (1.52%), Barrow Hanley Mewhinney & Strauss LLC (1.14%), The Manufacturers Life Insurance Company (0.74%) and Marshall Wace LLP (0.42%). Insiders that own company stock include Miriam Adelson, Charles D Forman and Robert G Goldstein.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Las Vegas Sands investors own include AT&T (T), Alibaba Group (BABA), Bank of America (BAC), NVIDIA (NVDA), Wynn Resorts (WYNN), Walt Disney (DIS) and Tesla (TSLA).

Company Calendar

Last Earnings
7/24/2024
Ex-Dividend for 8/14 Dividend
8/06/2024
Dividend Payable
8/14/2024
Today
9/19/2024
Next Earnings (Estimated)
10/16/2024
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
$55.25
High Stock Price Target
$75.00
Low Stock Price Target
$47.00
Potential Upside/Downside
+31.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.77
Research Coverage
13 Analysts

Profitability

Net Income
$1.22 billion
Pretax Margin
19.76%

Debt

Sales & Book Value

Annual Sales
$11.43 billion
Cash Flow
$3.87 per share
Book Value
$5.41 per share

Miscellaneous

Free Float
738,267,000
Market Cap
$31.37 billion
Optionable
Optionable
Beta
1.11

Social Links

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

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 Tuesday, September 10, 2024. Please send any questions or comments about these Las Vegas Sands pros and cons to contact@marketbeat.com.

Las Vegas Sands
Bull Case

green Wall Street bull icon

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

  • Las Vegas Sands Corp. stock price is currently at $41.63, which may present a buying opportunity for investors looking for potential growth.
  • Las Vegas Sands Corp. has a dividend payout ratio (DPR) of 38.65%, indicating a stable dividend payment to shareholders.
  • Wall Street analysts have given Las Vegas Sands Corp. a consensus rating of "Moderate Buy" with a target price of $62.71, suggesting potential upside.
  • Las Vegas Sands Corp. has shown consistent revenue growth, with quarterly revenue up 8.6% year-over-year, reflecting positive business performance.
  • Nordea Investment Management AB increased its stake in Las Vegas Sands Corp. by 27.6% in the first quarter, signaling confidence from institutional investors.

Las Vegas Sands
Bear Case

red Wall Street bear icon

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

  • Las Vegas Sands Corp. stock has a beta of 1.12, indicating higher volatility compared to the market average, which may pose risks for investors.
  • Las Vegas Sands Corp. has a price-to-earnings ratio of 20.19, which might be considered relatively high by some investors, impacting valuation.
  • Las Vegas Sands Corp. received mixed price target adjustments from analysts, with some lowering targets, potentially signaling uncertainties in the market.
  • Las Vegas Sands Corp. faces competition in the integrated resorts industry, which could impact its market share and profitability in the long term.
  • Las Vegas Sands Corp. ownership by institutional investors and hedge funds at 39.16% may lead to increased market sensitivity and potential sell-offs.

This page (NYSE:LVS) was last updated on 9/19/2024 by MarketBeat.com Staff
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