Las Vegas Sands Corp. (NYSE:LVS) Forecasted to Earn FY2025 Earnings of $3.17 Per Share

Las Vegas Sands Corp. (NYSE:LVS) – Investment analysts at Seaport Res Ptn increased their FY2025 earnings estimates for shares of Las Vegas Sands in a report released on Wednesday, June 26th. Seaport Res Ptn analyst V. Umansky now expects that the casino operator will earn $3.17 per share for the year, up from their prior forecast of $3.06. The consensus estimate for Las Vegas Sands’ current full-year earnings is $2.63 per share.

A number of other research firms also recently weighed in on LVS. Citigroup raised their price target on shares of Las Vegas Sands from $74.00 to $75.00 and gave the company a “buy” rating in a report on Thursday, April 18th. Deutsche Bank Aktiengesellschaft lowered 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 note on Thursday, April 18th. Morgan Stanley raised their target price on shares of Las Vegas Sands from $61.00 to $62.00 and gave the company an “overweight” rating in a research note on Tuesday, April 9th. StockNews.com upgraded shares of Las Vegas Sands from a “hold” rating to a “buy” rating in a research note on Wednesday, April 10th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Las Vegas Sands from $59.00 to $55.00 and set an “overweight” rating on the stock in a research note on Thursday, April 18th. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $63.31.

Las Vegas Sands Stock Down 1.3 %

Las Vegas Sands stock opened at $43.81 on Thursday. The company has a market capitalization of $32.64 billion, a P/E ratio of 21.16, a P/E/G ratio of 0.81 and a beta of 1.13. The firm’s fifty day simple moving average is $45.43 and its 200-day simple moving average is $49.07. The company has a current ratio of 1.30, a quick ratio of 1.29 and a debt-to-equity ratio of 2.96. Las Vegas Sands has a 1-year low of $42.99 and a 1-year high of $61.25.

Las Vegas Sands (NYSE:LVS) last released its quarterly earnings results on Wednesday, April 17th. The casino operator reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.13. The business had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.94 billion. Las Vegas Sands had a net margin of 13.99% and a return on equity of 42.34%. Las Vegas Sands’s revenue for the quarter was up 34.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.28 EPS.

Hedge Funds Weigh In On Las Vegas Sands

Hedge funds and other institutional investors have recently made changes to their positions in the business. Waldron Private Wealth LLC grew its position in shares of Las Vegas Sands by 1.9% during the 4th quarter. Waldron Private Wealth LLC now owns 12,361 shares of the casino operator’s stock worth $608,000 after buying an additional 232 shares during the period. Corient Private Wealth LLC grew its position in shares of Las Vegas Sands by 1.0% during the 4th quarter. Corient Private Wealth LLC now owns 28,532 shares of the casino operator’s stock worth $1,404,000 after buying an additional 288 shares during the period. Czech National Bank grew its position in shares of Las Vegas Sands by 0.5% during the 1st quarter. Czech National Bank now owns 64,974 shares of the casino operator’s stock worth $3,359,000 after buying an additional 319 shares during the period. Western Pacific Wealth Management LP grew its position in shares of Las Vegas Sands by 53.5% during the 1st quarter. Western Pacific Wealth Management LP now owns 970 shares of the casino operator’s stock worth $50,000 after buying an additional 338 shares during the period. Finally, Parallel Advisors LLC grew its position in shares of Las Vegas Sands by 54.8% during the 4th quarter. Parallel Advisors LLC now owns 1,008 shares of the casino operator’s stock worth $50,000 after buying an additional 357 shares during the period. 39.16% of the stock is owned by institutional investors.

Las Vegas Sands Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 15th. Stockholders of record on Tuesday, May 7th were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date of this dividend was Monday, May 6th. Las Vegas Sands’s payout ratio is 38.65%.

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.