Las Vegas Sands (LVS) Earning Somewhat Favorable Press Coverage, Study Shows
Media coverage about Las Vegas Sands (NYSE:LVS) has been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Las Vegas Sands earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned media coverage about the casino operator an impact score of 46.0248468237763 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the headlines that may have effected Accern’s rankings:
- Sands China Repairs 22 Typhoon-Damaged Coloane Homes (finance.yahoo.com)
- Analysts Anticipate Las Vegas Sands Corp. (LVS) to Post $0.75 EPS (americanbankingnews.com)
- 3 Days Left Before Las Vegas Sands Corp (NYSE:LVS) Will Start Trading Ex-Dividend, Should Investors Buy? (finance.yahoo.com)
- Bordering on Key Levels: Las Vegas Sands Corp. (LVS), 3M Company (MMM) – Market Movers (financialqz.com)
A number of equities research analysts have weighed in on LVS shares. Stifel Nicolaus reiterated a “buy” rating on shares of Las Vegas Sands in a research note on Sunday, September 3rd. Zacks Investment Research upgraded shares of Las Vegas Sands from a “hold” rating to a “buy” rating and set a $71.00 target price for the company in a research note on Friday, October 13th. Roth Capital began coverage on Las Vegas Sands in a research note on Wednesday, October 25th. They issued a “buy” rating and a $69.00 price objective for the company. Deutsche Bank upped their price objective on Las Vegas Sands from $54.00 to $57.00 and gave the stock a “hold” rating in a research note on Thursday, October 26th. Finally, Nomura upped their price objective on Las Vegas Sands from $54.00 to $57.00 and gave the stock a “neutral” rating in a research note on Thursday, October 26th. Ten investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $65.62.
Las Vegas Sands (NYSE:LVS) last issued its quarterly earnings results on Wednesday, October 25th. The casino operator reported $0.77 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.10. Las Vegas Sands had a return on equity of 31.11% and a net margin of 16.80%. The business had revenue of $3.20 billion during the quarter, compared to analyst estimates of $3.14 billion. During the same quarter in the prior year, the business posted $0.72 EPS. Las Vegas Sands’s revenue for the quarter was up 7.7% compared to the same quarter last year. equities analysts anticipate that Las Vegas Sands will post 2.87 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Thursday, December 21st will be paid a $0.73 dividend. The ex-dividend date of this dividend is Wednesday, December 20th. This represents a $2.92 dividend on an annualized basis and a yield of 4.11%. Las Vegas Sands’s payout ratio is presently 110.19%.
In other Las Vegas Sands news, Director George Jamieson purchased 1,000 shares of the business’s stock in a transaction on Tuesday, November 14th. The stock was acquired at an average price of $66.96 per share, for a total transaction of $66,960.00. Following the purchase, the director now owns 6,488 shares of the company’s stock, valued at approximately $434,436.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 10.10% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: “Las Vegas Sands (LVS) Earning Somewhat Favorable Press Coverage, Study Shows” was reported by Watch List News and is owned by of Watch List News. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international copyright laws. The correct version of this piece can be accessed at https://www.watchlistnews.com/las-vegas-sands-lvs-earning-somewhat-favorable-press-coverage-study-shows/1773277.html.
Las Vegas Sands Company Profile
Las Vegas Sands Corp. is a developer of destination properties (integrated resorts) that feature accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities. The Company owns and operates integrated resorts in Asia and the United States.
Receive News & Ratings for Las Vegas Sands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Las Vegas Sands and related companies with MarketBeat.com's FREE daily email newsletter.