JPMorgan Chase & Co. Cuts Las Vegas Sands (NYSE:LVS) Price Target to $68.00

Las Vegas Sands (NYSE:LVS) had its price objective cut by JPMorgan Chase & Co. from $71.00 to $68.00 in a report released on Thursday morning,MarketScreener reports. They currently have an overweight rating on the casino operator’s stock.

A number of other research firms have also recently weighed in on LVS. Wells Fargo & Company cut their price objective on shares of Las Vegas Sands from $68.00 to $65.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 16th. Citigroup boosted their target price on shares of Las Vegas Sands from $76.75 to $78.50 and gave the company a “buy” rating in a research note on Monday, April 13th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Las Vegas Sands from $77.00 to $73.00 and set a “buy” rating for the company in a research note on Thursday. Seaport Research Partners lowered their target price on shares of Las Vegas Sands from $72.00 to $69.00 and set a “buy” rating for the company in a research note on Tuesday, April 21st. Finally, Barclays boosted their target price on shares of Las Vegas Sands from $64.00 to $65.00 and gave the company an “overweight” rating in a research note on Thursday. Eleven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $68.28.

Las Vegas Sands Trading Up 1.5%

LVS stock opened at $52.76 on Thursday. The company has a quick ratio of 1.13, a current ratio of 1.14 and a debt-to-equity ratio of 7.58. Las Vegas Sands has a twelve month low of $35.43 and a twelve month high of $70.45. The stock has a market capitalization of $35.01 billion, a price-to-earnings ratio of 19.54, a price-to-earnings-growth ratio of 1.29 and a beta of 0.89. The firm’s fifty day simple moving average is $54.95 and its two-hundred day simple moving average is $58.97.

Las Vegas Sands (NYSE:LVS) last posted its quarterly earnings data on Wednesday, April 22nd. The casino operator reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.15. Las Vegas Sands had a net margin of 13.41% and a return on equity of 112.15%. The business had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $3.32 billion. During the same quarter in the previous year, the business posted $0.59 earnings per share. The business’s revenue was up 25.3% compared to the same quarter last year. As a group, analysts anticipate that Las Vegas Sands will post 3.18 earnings per share for the current year.

Las Vegas Sands Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 13th. Stockholders of record on Tuesday, May 5th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Tuesday, May 5th. Las Vegas Sands’s payout ratio is currently 51.28%.

Insider Activity

In other news, CEO Patrick Dumont sold 60,165 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $54.75, for a total transaction of $3,294,033.75. Following the completion of the sale, the chief executive officer directly owned 511,942 shares of the company’s stock, valued at approximately $28,028,824.50. The trade was a 10.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.55% of the company’s stock.

Institutional Trading of Las Vegas Sands

A number of hedge funds have recently added to or reduced their stakes in the business. Mackenzie Financial Corp lifted its stake in Las Vegas Sands by 0.3% in the third quarter. Mackenzie Financial Corp now owns 53,945 shares of the casino operator’s stock worth $2,902,000 after acquiring an additional 156 shares during the period. Westside Investment Management Inc. lifted its stake in Las Vegas Sands by 48.0% in the third quarter. Westside Investment Management Inc. now owns 512 shares of the casino operator’s stock worth $28,000 after acquiring an additional 166 shares during the period. Parallel Advisors LLC lifted its stake in Las Vegas Sands by 7.8% in the third quarter. Parallel Advisors LLC now owns 2,449 shares of the casino operator’s stock worth $132,000 after acquiring an additional 177 shares during the period. Alps Advisors Inc. lifted its stake in Las Vegas Sands by 2.4% in the third quarter. Alps Advisors Inc. now owns 8,528 shares of the casino operator’s stock worth $459,000 after acquiring an additional 197 shares during the period. Finally, &PARTNERS lifted its stake in Las Vegas Sands by 3.2% in the fourth quarter. &PARTNERS now owns 6,930 shares of the casino operator’s stock worth $453,000 after acquiring an additional 214 shares during the period. 39.16% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Las Vegas Sands

Here are the key news stories impacting Las Vegas Sands this week:

• Positive Sentiment: Company beat consensus: Q1 revenue ~US$3.59B (≈+25% YoY) and exceeded EPS expectations, driven by strength at Marina Bay Sands and improving Macao operations. LVS Q1 2026 Earnings Call Transcript
• Positive Sentiment: Marina Bay Sands led the quarter: higher-end and non‑gaming demand (VIP and premium customers) materially boosted revenue and EBITDA contribution. Marina Bay Sands Boosts Las Vegas Sands Revenue 28% On VIP Surge
• Positive Sentiment: Capital returns confirmed — company completed a large ~$7.3B repurchase program and announced a quarterly dividend ($0.30), supporting shareholder yield and reducing float. This is a structural positive for per‑share metrics. Las Vegas Sands (LVS) Is Down 8.4% After Strong Q1 Results And Buybacks Completion Has The Bull Case Changed?
• Positive Sentiment: Analyst attention/upgrades: multiple shops adjusted targets (examples: Morgan Stanley raised to $69; Stifel, Mizuho and HSBC lifted targets), indicating continued bullish conviction among some sell‑side firms. Morgan Stanley lifts price target
• Neutral Sentiment: Earnings call highlighted strategic investments (staffing/service improvements) to drive experience and long‑term growth — positive for retention but flagged as near‑term cost. LVS Q1 2026 Earnings Call Highlights
• Neutral Sentiment: Index/visibility move: LVS gained momentum in Russell 1000 spotlight, which may support longer‑term liquidity and institutional interest. Russell 1000 Index Spotlight
• Negative Sentiment: Margin concerns in Macau: adjusted property EBITDA margin declined YoY and management signaled promotional intensity plus near‑term spending (service/staffing) that could compress margins further — key reason for the sell‑off. Macau margin pressure analysis
• Negative Sentiment: Market reaction and forecasts: despite beats, investors treated the print as “good but not good enough” — some firms issued cautious research (including a pessimistic note from Seaport), and heavy insider selling was flagged by data providers. Seaport Research pessimistic forecast

About Las Vegas Sands

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.