Las Vegas Sands (NYSE:LVS) Sets New 1-Year Low on Disappointing Earnings

Shares of Las Vegas Sands Corp. (NYSE:LVS) reached a new 52-week low during mid-day trading on Thursday following a dissappointing earnings announcement. The stock traded as low as $44.21 and last traded at $45.6390, with a volume of 833602 shares changing hands. The stock had previously closed at $45.25.

The casino operator reported $0.59 EPS for the quarter, missing the consensus estimate of $0.76 by ($0.17). The firm 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%.The business’s quarterly revenue was down .7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.66 earnings per share.

Las Vegas Sands Dividend Announcement

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 given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Tuesday, August 4th. Las Vegas Sands’s dividend payout ratio is 44.44%.

Las Vegas Sands News Summary

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

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Susquehanna cut their target price on shares of Las Vegas Sands from $64.00 to $63.00 and set a “positive” rating on the stock in a research note on Wednesday. Morgan Stanley set a $68.00 target price on Las Vegas Sands in a report on Wednesday. Bank of America decreased their target price on Las Vegas Sands from $70.00 to $60.00 and set a “neutral” rating for the company in a research report on Monday. Weiss Ratings downgraded Las Vegas Sands from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 26th. Finally, UBS Group set a $52.00 price target on Las Vegas Sands in a research report on Thursday, July 2nd. Eleven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, Las Vegas Sands currently has a consensus rating of “Moderate Buy” and a consensus target price of $62.31.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Mackenzie Financial Corp increased its holdings in shares of Las Vegas Sands by 0.3% in the third quarter. Mackenzie Financial Corp now owns 53,945 shares of the casino operator’s stock valued at $2,902,000 after purchasing an additional 156 shares during the last quarter. Parallel Advisors LLC lifted its stake in shares of Las Vegas Sands by 7.8% during the 3rd quarter. Parallel Advisors LLC now owns 2,449 shares of the casino operator’s stock worth $132,000 after buying an additional 177 shares during the last quarter. &PARTNERS lifted its stake in shares of Las Vegas Sands by 3.2% during the 4th quarter. &PARTNERS now owns 6,930 shares of the casino operator’s stock worth $453,000 after buying an additional 214 shares during the last quarter. United Capital Financial Advisors LLC boosted its holdings in shares of Las Vegas Sands by 5.5% during the 3rd quarter. United Capital Financial Advisors LLC now owns 4,945 shares of the casino operator’s stock worth $266,000 after buying an additional 258 shares during the period. Finally, Kestra Private Wealth Services LLC boosted its holdings in shares of Las Vegas Sands by 4.2% during the 4th quarter. Kestra Private Wealth Services LLC now owns 6,859 shares of the casino operator’s stock worth $446,000 after buying an additional 279 shares during the period. Institutional investors and hedge funds own 39.16% of the company’s stock.

Las Vegas Sands Stock Performance

The firm has a market cap of $30.54 billion, a price-to-earnings ratio of 17.93, a price-to-earnings-growth ratio of 1.12 and a beta of 0.83. The stock’s 50 day moving average is $48.34 and its 200 day moving average is $53.27. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 8.64.

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.