Las Vegas Sands Corp. (NYSE:LVS – Free Report) – Research analysts at Zacks Research issued their FY2026 earnings estimates for Las Vegas Sands in a report issued on Wednesday, February 7th. Zacks Research analyst H. Ray expects that the casino operator will post earnings of $3.39 per share for the year. The consensus estimate for Las Vegas Sands’ current full-year earnings is $2.74 per share.
Las Vegas Sands (NYSE:LVS – Get Free Report) last posted its quarterly earnings data on Wednesday, January 24th. The casino operator reported $0.57 EPS for the quarter, missing the consensus estimate of $0.61 by ($0.04). The firm had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.89 billion. Las Vegas Sands had a return on equity of 34.40% and a net margin of 11.77%. The firm’s quarterly revenue was up 161.0% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.19) earnings per share.
Las Vegas Sands Stock Up 1.6 %
Shares of LVS opened at $54.46 on Monday. The firm has a market capitalization of $41.04 billion, a P/E ratio of 34.04, a P/E/G ratio of 2.87 and a beta of 1.16. Las Vegas Sands has a 12-month low of $43.77 and a 12-month high of $65.58. The company has a current ratio of 1.31, a quick ratio of 1.30 and a debt-to-equity ratio of 2.96. The firm has a fifty day moving average price of $49.42 and a 200-day moving average price of $49.69.
Hedge Funds Weigh In On Las Vegas Sands
A number of institutional investors have recently bought and sold shares of LVS. Spire Wealth Management grew its stake in shares of Las Vegas Sands by 197.4% during the 2nd quarter. Spire Wealth Management now owns 452 shares of the casino operator’s stock worth $26,000 after purchasing an additional 300 shares during the period. Coppell Advisory Solutions LLC acquired a new stake in shares of Las Vegas Sands during the 2nd quarter worth approximately $29,000. Massmutual Trust Co. FSB ADV grew its stake in shares of Las Vegas Sands by 95.0% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 546 shares of the casino operator’s stock worth $32,000 after purchasing an additional 266 shares during the period. Headlands Technologies LLC acquired a new stake in Las Vegas Sands in the 3rd quarter valued at $27,000. Finally, Western Pacific Wealth Management LP acquired a new stake in Las Vegas Sands in the 3rd quarter valued at $29,000. 39.16% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Las Vegas Sands
In other Las Vegas Sands news, major shareholder Miriam Adelson sold 12,253,628 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $43.23, for a total transaction of $529,724,338.44. Following the completion of the transaction, the insider now directly owns 41,134,164 shares of the company’s stock, valued at approximately $1,778,229,909.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.91% of the stock is currently owned by insiders.
Las Vegas Sands announced that its board has initiated a share repurchase plan on Wednesday, October 18th that authorizes the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization authorizes the casino operator to buy up to 5.5% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.
Las Vegas Sands Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 14th. Investors of record on Tuesday, February 6th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.47%. The ex-dividend date is Monday, February 5th. Las Vegas Sands’s payout ratio is currently 50.00%.
Las Vegas Sands Company Profile
Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Macao and Singapore. It owns and operates The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, Cotai Strip, and the Sands Macao in Macao, the People's Republic of China; and Marina Bay Sands in Singapore.
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