Las Vegas Sands (NYSE:LVS – Get Free Report) had its price objective boosted by HSBC from $67.50 to $73.00 in a report issued on Thursday,MarketScreener reports. The firm currently has a “buy” rating on the casino operator’s stock. HSBC’s price target would indicate a potential upside of 38.40% from the company’s current price.
A number of other brokerages also recently issued reports on LVS. Seaport Research Partners decreased their price objective on Las Vegas Sands from $75.00 to $72.00 and set a “buy” rating on the stock in a research report on Wednesday, January 14th. JPMorgan Chase & Co. boosted their target price on Las Vegas Sands from $70.00 to $71.00 and gave the company an “overweight” rating in a research report on Friday, January 23rd. Citigroup raised their price target on Las Vegas Sands from $75.50 to $76.75 and gave the stock a “buy” rating in a research report on Thursday, December 11th. The Goldman Sachs Group raised shares of Las Vegas Sands from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $64.00 to $80.00 in a research note on Monday, December 15th. Finally, Morgan Stanley boosted their price objective on shares of Las Vegas Sands from $63.00 to $67.00 and gave the company an “equal weight” rating in a research report on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Las Vegas Sands has a consensus rating of “Moderate Buy” and a consensus target price of $70.23.
Check Out Our Latest Analysis on Las Vegas Sands
Las Vegas Sands Price Performance
Las Vegas Sands (NYSE:LVS – Get Free Report) last announced its earnings results on Wednesday, January 28th. The casino operator reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.08. Las Vegas Sands had a net margin of 12.50% and a return on equity of 87.01%. The firm had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $3.33 billion. During the same period in the prior year, the company earned $0.54 EPS. The business’s revenue was up 26.0% compared to the same quarter last year. Analysts anticipate that Las Vegas Sands will post 2.6 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, CEO Robert G. Goldstein sold 1,198,650 shares of the stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $66.68, for a total value of $79,925,982.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Irwin Chafetz sold 30,000 shares of the firm’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $69.76, for a total value of $2,092,800.00. Following the transaction, the director owned 70,949 shares in the company, valued at $4,949,402.24. The trade was a 29.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,582,053 shares of company stock valued at $238,846,399 in the last three months. 1.20% of the stock is owned by company insiders.
Hedge Funds Weigh In On Las Vegas Sands
Hedge funds and other institutional investors have recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership increased its stake in shares of Las Vegas Sands by 410.2% during the third quarter. Arrowstreet Capital Limited Partnership now owns 5,167,553 shares of the casino operator’s stock valued at $277,963,000 after buying an additional 4,154,753 shares during the period. Norges Bank purchased a new position in Las Vegas Sands during the 2nd quarter valued at about $134,179,000. M&T Bank Corp raised its holdings in shares of Las Vegas Sands by 33,102.6% in the 4th quarter. M&T Bank Corp now owns 3,060,288 shares of the casino operator’s stock valued at $197,463,000 after purchasing an additional 3,051,071 shares in the last quarter. ARGA Investment Management LP lifted its position in shares of Las Vegas Sands by 36.8% in the 2nd quarter. ARGA Investment Management LP now owns 10,040,975 shares of the casino operator’s stock worth $436,883,000 after purchasing an additional 2,698,398 shares during the period. Finally, Vanguard Group Inc. lifted its position in shares of Las Vegas Sands by 4.4% in the 2nd quarter. Vanguard Group Inc. now owns 43,072,014 shares of the casino operator’s stock worth $1,874,063,000 after purchasing an additional 1,822,806 shares during the period. Institutional investors own 39.16% of the company’s stock.
Las Vegas Sands News Roundup
Here are the key news stories impacting Las Vegas Sands this week:
- Positive Sentiment: Q4 beat on revenue and EPS, driven by record Marina Bay Sands EBITDA — this supports the company’s top-line momentum and underpins analyst upside revisions. Reuters: Quarterly profit rises
- Positive Sentiment: Management declared a 20% higher quarterly dividend ($0.30), raising the yield (~2.3%) and returning cash to shareholders — a tangible near-term support for the stock. Dividend announcement
- Positive Sentiment: Several brokers raised price targets or reiterated bullish ratings after the quarter (Deutsche Bank to $77, HSBC to $73, Macquarie reaffirmed Outperform), signaling analyst conviction in recovery potential. Benzinga: analyst reactions
- Neutral Sentiment: Goldman reduced its target from $80 to $73 but kept a Buy rating; Stifel trimmed its target to $72 while maintaining Buy — these are adjustments to reflect Q4 details but still leave sizable upside in consensus targets. MarketScreener: Goldman adjustment
- Negative Sentiment: Macao EBITDA margins fell meaningfully (reported ~390 bps decline), and management signaled margin recovery is a focus — the margin miss triggered a large sell-off and renewed concern about competitive pressure and market concentration in Macau. Forbes: Macao margin miss
- Negative Sentiment: Press pieces highlight a “Macau problem” and concentration risk — combined coverage (Barron’s, WSJ, Motley Fool) amplified investor selling despite the quarter’s headline beat. Barron’s: Macau problem
Las Vegas Sands Company Profile
Las Vegas Sands (NYSE: LVS) is a global developer and operator of integrated resorts, focused on large-scale properties that combine casino gaming with hotels, convention and exhibition facilities, retail, dining, and entertainment. The company’s operations center on developing and managing full-service resort complexes that serve both leisure and business travelers, with emphasis on convention and trade-show business in addition to gaming revenue streams.
The company’s portfolio has included prominent properties in North America and Asia, most notably The Venetian Resort in Las Vegas and Marina Bay Sands in Singapore, along with a significant presence in Macau through multiple integrated resorts.
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