Las Vegas Sands (NYSE:LVS – Get Free Report) had its price objective hoisted by equities researchers at Morgan Stanley from $67.00 to $69.00 in a research report issued on Thursday, MarketBeat.com reports. The firm currently has an “equal weight” rating on the casino operator’s stock. Morgan Stanley’s price target indicates a potential upside of 32.07% from the stock’s current price.
A number of other equities research analysts also recently issued reports on LVS. Barclays reiterated an “overweight” rating on shares of Las Vegas Sands in a research report on Thursday. HSBC boosted their price target on shares of Las Vegas Sands from $73.00 to $78.00 and gave the company a “buy” rating in a report on Thursday. Citigroup increased their price objective on Las Vegas Sands from $76.75 to $78.50 and gave the stock a “buy” rating in a report on Monday, April 13th. Deutsche Bank Aktiengesellschaft reduced their price objective on Las Vegas Sands from $77.00 to $73.00 and set a “buy” rating for the company in a research report on Thursday. Finally, Argus dropped their target price on Las Vegas Sands from $80.00 to $60.00 and set a “buy” rating on the stock in a research report on Friday, January 30th. Eleven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Las Vegas Sands has a consensus rating of “Moderate Buy” and an average target price of $68.22.
Read Our Latest Analysis on Las Vegas Sands
Las Vegas Sands Stock Down 8.1%
Las Vegas Sands (NYSE:LVS – Get Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The casino operator reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.15. The business had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.32 billion. Las Vegas Sands had a net margin of 12.50% and a return on equity of 91.40%. The firm’s revenue was up 25.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.59 earnings per share. Sell-side analysts predict that Las Vegas Sands will post 3.16 EPS for the current year.
Insider Activity
In related news, CEO Patrick Dumont sold 60,165 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $54.75, for a total value of $3,294,033.75. Following the completion of the sale, the chief executive officer directly owned 511,942 shares in the company, valued at approximately $28,028,824.50. This represents a 10.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.55% of the company’s stock.
Hedge Funds Weigh In On Las Vegas Sands
Several institutional investors have recently bought and sold shares of the stock. AQR Capital Management LLC boosted its stake in shares of Las Vegas Sands by 222.7% during the 4th quarter. AQR Capital Management LLC now owns 9,098,518 shares of the casino operator’s stock worth $592,223,000 after acquiring an additional 6,279,390 shares in the last quarter. Norges Bank bought a new position in shares of Las Vegas Sands in the 4th quarter valued at approximately $364,892,000. Arrowstreet Capital Limited Partnership raised its stake in shares of Las Vegas Sands by 410.2% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 5,167,553 shares of the casino operator’s stock valued at $277,963,000 after acquiring an additional 4,154,753 shares in the last quarter. M&T Bank Corp lifted its holdings in Las Vegas Sands by 33,102.6% in the 4th quarter. M&T Bank Corp now owns 3,060,288 shares of the casino operator’s stock worth $197,463,000 after purchasing an additional 3,051,071 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC boosted its position in Las Vegas Sands by 43.8% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 5,454,013 shares of the casino operator’s stock worth $293,371,000 after purchasing an additional 1,660,823 shares during the period. 39.16% of the stock is currently owned by institutional investors.
More Las Vegas Sands News
Here are the key news stories impacting Las Vegas Sands this week:
- Positive Sentiment: Q1 results beat consensus — LVS reported $0.91 EPS vs. $0.76 expected and revenue of ~$3.58–3.59B (up ~25% YoY), signaling solid top- and bottom-line momentum. Q1 2026 Earnings Call Transcript
- Positive Sentiment: Strong property-level performance and EBITDA growth — management highlighted robust EBITDA increases in Marina Bay Sands and Macao, supporting margins and operating leverage. Earnings Call Highlights
- Positive Sentiment: Shareholder returns increased — LVS repurchased $740M of common stock in the quarter and declared a $0.30 quarterly dividend (2.1% yield), which supports valuation and investor sentiment. Q1 2026 Results (PR Newswire)
- Positive Sentiment: Revenue and EPS surprises reinforce beat — third-party coverage quantifies the upside (EPS surprise +20.7%, revenue surprise +7.9%), which can prompt upgrades or re-rating. Earnings & Revenues Surpass Estimates
- Neutral Sentiment: Earnings call summaries and slide deck provide detail — useful for modelling: see the company slide deck and call recap for forward guidance/assumptions. Q1 Slide Deck
- Neutral Sentiment: Analyst commentary and metric breakdowns — coverage from Zacks/Yahoo parses KPIs vs. estimates; helpful for earnings-quality checks but not uniformly directional. Key Metrics Analysis
- Negative Sentiment: Bearish research note — Seaport Research Partners issued a pessimistic forecast for LVS, which could pressure sentiment or lead to downgrades. Seaport Research Pessimistic Forecast
- Negative Sentiment: Strategic risks flagged around Macao expansion — commentary raises questions about margin impact and execution risks from a big Macao push, and leverage remains a watch item for some investors. Is the Macao Push Going to Hurt?
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.
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