Las Vegas Sands (NYSE:LVS) Price Target Lowered to $60.00 at Stifel Nicolaus

Las Vegas Sands (NYSE:LVS) had its price objective cut by Stifel Nicolaus from $74.00 to $60.00 in a research note issued to investors on Thursday, MarketBeat reports. They currently have a buy rating on the casino operator’s stock.

LVS has been the subject of a number of other reports. Jefferies Financial Group lifted their price target on Las Vegas Sands from $61.00 to $63.00 and gave the company a “hold” rating in a report on Thursday, April 23rd. Weiss Ratings lowered shares of Las Vegas Sands from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 26th. Wells Fargo & Company lowered their price objective on shares of Las Vegas Sands from $65.00 to $53.00 and set an “equal weight” rating for the company in a research report on Tuesday, July 14th. Barclays dropped their target price on shares of Las Vegas Sands from $63.00 to $59.00 and set an “overweight” rating for the company in a research note on Thursday. Finally, Citigroup reduced their target price on shares of Las Vegas Sands from $78.50 to $73.00 and set a “buy” rating on the stock in a research report on Friday, July 10th. Eleven investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, Las Vegas Sands has a consensus rating of “Moderate Buy” and an average price target of $62.31.

Las Vegas Sands Trading Up 1.8%

LVS stock opened at $46.08 on Thursday. The business has a fifty day moving average price of $48.34 and a 200 day moving average price of $53.27. Las Vegas Sands has a fifty-two week low of $44.21 and a fifty-two week high of $70.45. The stock has a market capitalization of $30.54 billion, a price-to-earnings ratio of 17.93, a P/E/G ratio of 1.12 and a beta of 0.83. The company has a debt-to-equity ratio of 8.64, a current ratio of 0.92 and a quick ratio of 0.91.

Las Vegas Sands (NYSE:LVS) last posted its quarterly earnings data on Wednesday, July 22nd. The casino operator reported $0.59 EPS for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.17). The business had revenue of $3.15 billion during the quarter, compared to analyst estimates of $3.31 billion. Las Vegas Sands had a return on equity of 117.08% and a net margin of 12.59%.Las Vegas Sands’s revenue for the quarter was down .7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.66 EPS. Analysts expect that Las Vegas Sands will post 3.35 EPS for the current fiscal year.

Las Vegas Sands Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 12th. Investors of record on Tuesday, August 4th will be issued a $0.30 dividend. The ex-dividend date is Tuesday, August 4th. This represents a $1.20 annualized dividend and a yield of 2.6%. Las Vegas Sands’s dividend payout ratio (DPR) is currently 44.44%.

Institutional Trading of Las Vegas Sands

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LVS. Wedge Capital Management L L P NC lifted its position in Las Vegas Sands by 16.7% during the 2nd quarter. Wedge Capital Management L L P NC now owns 710,484 shares of the casino operator’s stock valued at $32,817,000 after purchasing an additional 101,891 shares during the period. Tema ETFs LLC boosted its stake in shares of Las Vegas Sands by 9.5% in the 2nd quarter. Tema ETFs LLC now owns 6,695 shares of the casino operator’s stock valued at $309,000 after purchasing an additional 580 shares during the last quarter. Carolina Wealth Advisors LLC grew its position in shares of Las Vegas Sands by 1.5% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 27,578 shares of the casino operator’s stock worth $1,274,000 after buying an additional 407 shares during the period. Czech National Bank grew its position in shares of Las Vegas Sands by 3.1% during the 2nd quarter. Czech National Bank now owns 84,871 shares of the casino operator’s stock worth $3,920,000 after buying an additional 2,529 shares during the period. Finally, Assenagon Asset Management S.A. raised its stake in shares of Las Vegas Sands by 45.1% during the second quarter. Assenagon Asset Management S.A. now owns 822,268 shares of the casino operator’s stock worth $37,981,000 after buying an additional 255,623 shares during the last quarter. 39.16% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Las Vegas Sands

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

• Positive Sentiment: Several analysts still remain constructive on LVS despite the selloff, with JPMorgan and Stifel both lowering price targets to $60 while keeping overweight/buy ratings, suggesting they still see meaningful upside from current levels. Analyst price target updates
• Positive Sentiment: The company continued returning cash to shareholders, repurchasing $787 million of stock in the quarter and raising its buyback authorization to $6.0 billion, which may support sentiment over time. Q2 2026 results press release
• Neutral Sentiment: Management said Singapore remained a bright spot, while Marina Bay Sands stayed on track for an expansion project targeting early 2031, offering a longer-term growth angle. Seeking Alpha coverage
• Negative Sentiment: Q2 adjusted EPS came in at $0.59 versus estimates around $0.76-$0.77, and revenue of $3.15 billion also fell short of forecasts, reinforcing concerns about near-term operating momentum. Zacks earnings miss article
• Negative Sentiment: Weak Macau results remain the main drag, with lower rolling-play hold and softer gaming demand weighing on profitability and prompting analysts to trim estimates after earnings. Zacks Macau weakness article

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.