Las Vegas Sands Q1 EPS Estimate Lowered by Zacks Research

Las Vegas Sands Corp. (NYSE:LVS) – Zacks Research dropped their Q1 2025 earnings estimates for Las Vegas Sands in a research report issued to clients and investors on Wednesday, December 11th. Zacks Research analyst H. Ray now expects that the casino operator will post earnings of $0.65 per share for the quarter, down from their prior estimate of $0.66. The consensus estimate for Las Vegas Sands’ current full-year earnings is $2.33 per share.

Las Vegas Sands (NYSE:LVS) last posted its quarterly earnings data on Wednesday, October 23rd. The casino operator reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.09). The firm had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.79 billion. Las Vegas Sands had a return on equity of 44.26% and a net margin of 13.29%. During the same period in the prior year, the company earned $0.55 EPS. The company’s revenue for the quarter was down 4.0% compared to the same quarter last year.

LVS has been the subject of a number of other reports. Barclays upped their price objective on shares of Las Vegas Sands from $58.00 to $61.00 and gave the stock an “overweight” rating in a research report on Friday. Wells Fargo & Company upped their price objective on shares of Las Vegas Sands from $53.00 to $60.00 and gave the company an “overweight” rating in a research note on Tuesday, October 1st. JPMorgan Chase & Co. lifted their target price on Las Vegas Sands from $60.00 to $62.00 and gave the stock an “overweight” rating in a report on Friday. Stifel Nicolaus upped their price objective on shares of Las Vegas Sands from $55.00 to $64.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Finally, Mizuho increased their target price on Las Vegas Sands from $52.00 to $57.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Four investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $58.42.

Las Vegas Sands Trading Up 0.1 %

Shares of LVS opened at $53.87 on Friday. 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 firm has a market cap of $39.06 billion, a price-to-earnings ratio of 26.67, a PEG ratio of 1.44 and a beta of 1.10. Las Vegas Sands has a 52-week low of $36.62 and a 52-week high of $56.60. The business’s fifty day moving average is $51.82 and its 200-day moving average is $45.55.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new position in shares of Las Vegas Sands in the third quarter worth approximately $26,000. CVA Family Office LLC grew its position in shares of Las Vegas Sands by 118.8% in the 3rd quarter. CVA Family Office LLC now owns 560 shares of the casino operator’s stock worth $28,000 after buying an additional 304 shares during the period. Ashton Thomas Securities LLC purchased a new position in shares of Las Vegas Sands during the third quarter valued at approximately $34,000. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in Las Vegas Sands by 93.2% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 906 shares of the casino operator’s stock worth $40,000 after acquiring an additional 437 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in Las Vegas Sands by 40.1% during the 3rd quarter. GAMMA Investing LLC now owns 849 shares of the casino operator’s stock valued at $43,000 after purchasing an additional 243 shares during the last quarter. Institutional investors own 39.16% of the company’s stock.

Insider Buying and Selling

In other Las Vegas Sands news, CEO Robert G. Goldstein sold 60,187 shares of the firm’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $53.02, for a total value of $3,191,114.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Robert G. Goldstein sold 119,221 shares of the business’s stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $53.73, for a total transaction of $6,405,744.33. Following the transaction, the chief executive officer now directly owns 84,511 shares of the company’s stock, valued at approximately $4,540,776.03. This represents a 58.52 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 203,732 shares of company stock worth $10,861,707. Insiders own 0.91% of the company’s stock.

Las Vegas Sands Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 13th. Shareholders of record on Tuesday, November 5th were paid a $0.20 dividend. The ex-dividend date was Tuesday, November 5th. This represents a $0.80 dividend on an annualized basis and a yield of 1.49%. Las Vegas Sands’s dividend payout ratio (DPR) is presently 39.60%.

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.