Shares of Las Vegas Sands Corp. (NYSE:LVS) have been given an average rating of “Hold” by the sixteen brokerages that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $68.42.

Several equities research analysts have commented on the company. Telsey Advisory Group restated a “market perform” rating and issued a $64.00 target price (up previously from $58.00) on shares of Las Vegas Sands in a research note on Thursday, April 18th. Zacks Investment Research cut Horiba from a “hold” rating to a “sell” rating in a research note on Wednesday, May 22nd. Stifel Nicolaus boosted their target price on Las Vegas Sands from $72.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, April 18th. Jefferies Financial Group boosted their target price on Las Vegas Sands from $57.00 to $69.00 and gave the company a “hold” rating in a research note on Monday, April 8th. Finally, HSBC cut Las Vegas Sands from a “buy” rating to a “hold” rating in a research note on Wednesday, April 17th. They noted that the move was a valuation call.

Shares of NYSE:LVS traded up $0.77 during trading on Tuesday, hitting $64.73. 2,785,145 shares of the company’s stock traded hands, compared to its average volume of 3,923,643. Las Vegas Sands has a 52 week low of $47.39 and a 52 week high of $76.10. The company has a current ratio of 1.73, a quick ratio of 1.72 and a debt-to-equity ratio of 1.85. The firm has a market cap of $49.78 billion, a P/E ratio of 19.50 and a beta of 1.52. The firm has a 50-day simple moving average of $59.01.

Las Vegas Sands (NYSE:LVS) last released its earnings results on Wednesday, April 17th. The casino operator reported $0.91 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.85 by $0.06. The firm had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $3.48 billion. Las Vegas Sands had a return on equity of 34.52% and a net margin of 11.15%. The business’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.04 EPS. Equities analysts forecast that Las Vegas Sands will post 3.59 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, June 27th. Shareholders of record on Wednesday, June 19th were given a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a dividend yield of 4.76%. The ex-dividend date was Tuesday, June 18th. Las Vegas Sands’s dividend payout ratio (DPR) is 92.77%.

Several large investors have recently bought and sold shares of the business. Penn Davis Mcfarland Inc. increased its position in shares of Las Vegas Sands by 0.3% during the 2nd quarter. Penn Davis Mcfarland Inc. now owns 168,280 shares of the casino operator’s stock worth $9,944,000 after purchasing an additional 445 shares during the last quarter. NEXT Financial Group Inc increased its position in shares of Las Vegas Sands by 4,635.5% during the 2nd quarter. NEXT Financial Group Inc now owns 33,717 shares of the casino operator’s stock worth $1,992,000 after purchasing an additional 33,005 shares during the last quarter. Burke & Herbert Bank & Trust Co. increased its position in shares of Las Vegas Sands by 2.4% during the 2nd quarter. Burke & Herbert Bank & Trust Co. now owns 9,539 shares of the casino operator’s stock worth $563,000 after purchasing an additional 228 shares during the last quarter. Ferguson Wellman Capital Management Inc. increased its position in shares of Las Vegas Sands by 128.0% during the 2nd quarter. Ferguson Wellman Capital Management Inc. now owns 115,780 shares of the casino operator’s stock worth $6,841,000 after purchasing an additional 64,995 shares during the last quarter. Finally, Gradient Investments LLC increased its position in shares of Las Vegas Sands by 23,218.5% during the 2nd quarter. Gradient Investments LLC now owns 152,270 shares of the casino operator’s stock worth $8,998,000 after purchasing an additional 151,617 shares during the last quarter. 36.37% of the stock is currently owned by hedge funds and other institutional investors.

About Las Vegas Sands

Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Asia and the United States. It owns and operates The Venetian Macao Resort Hotel, the Sands Cotai Central, 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 iconic Marina Bay Sands in Singapore.

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Analyst Recommendations for Las Vegas Sands (NYSE:LVS)

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