Las Vegas Sands (NYSE:LVS) Price Target Lowered to $60.00 at JPMorgan Chase & Co.

Las Vegas Sands (NYSE:LVS) had its price target lowered by JPMorgan Chase & Co. from $64.00 to $60.00 in a report issued on Thursday morning, MarketBeat Ratings reports. The firm currently has an overweight rating on the casino operator’s stock.

A number of other research analysts have also weighed in on LVS. Wells Fargo & Company cut their price target on shares of Las Vegas Sands from $65.00 to $53.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 14th. Morgan Stanley set a $68.00 price objective on shares of Las Vegas Sands in a research report on Wednesday. The Goldman Sachs Group dropped their price objective on shares of Las Vegas Sands from $63.00 to $55.00 and set a “buy” rating on the stock in a report on Thursday. Mizuho cut their price objective on shares of Las Vegas Sands from $67.00 to $61.00 and set an “outperform” rating on the stock in a research report on Thursday. Finally, Jefferies Financial Group upped their target price on shares of Las Vegas Sands from $61.00 to $63.00 and gave the stock a “hold” rating in a research note on Thursday, April 23rd. Eleven analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $62.31.

Las Vegas Sands Trading Up 1.8%

NYSE LVS opened at $46.08 on Thursday. Las Vegas Sands has a one year low of $44.21 and a one year high of $70.45. The company has a debt-to-equity ratio of 8.64, a current ratio of 0.92 and a quick ratio of 0.91. The firm has a market cap of $30.54 billion, a P/E ratio of 17.93, a P/E/G 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.

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

Las Vegas Sands Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 12th. Shareholders of record on Tuesday, August 4th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, August 4th. This represents a $1.20 annualized dividend and a dividend yield of 2.6%. Las Vegas Sands’s payout ratio is 44.44%.

Institutional Investors Weigh In On Las Vegas Sands

Large investors have recently made changes to their positions in the stock. Swiss Life Asset Management Ltd lifted its position in Las Vegas Sands by 116.2% during the fourth quarter. Swiss Life Asset Management Ltd now owns 148,196 shares of the casino operator’s stock worth $9,646,000 after acquiring an additional 79,641 shares during the last quarter. Crossmark Global Holdings Inc. grew its position in shares of Las Vegas Sands by 411.5% in the fourth quarter. Crossmark Global Holdings Inc. now owns 44,208 shares of the casino operator’s stock valued at $2,877,000 after purchasing an additional 35,566 shares during the last quarter. Wealthfront Advisers LLC grew its position in shares of Las Vegas Sands by 40.6% in the fourth quarter. Wealthfront Advisers LLC now owns 67,446 shares of the casino operator’s stock valued at $4,390,000 after purchasing an additional 19,488 shares during the last quarter. Perpetual Ltd bought a new position in shares of Las Vegas Sands during the fourth quarter worth approximately $2,051,000. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of Las Vegas Sands by 177.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 137,087 shares of the casino operator’s stock worth $8,725,000 after purchasing an additional 87,751 shares during the period. Institutional investors and hedge funds own 39.16% of the company’s stock.

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

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.