Las Vegas Sands (NYSE:LVS) Stock Gets Price Target Reduction from JPMorgan Chase & Co.

Las Vegas Sands (NYSE:LVS) had its target price decreased by JPMorgan Chase & Co. from $60.00 to $54.00 in a research note released on Tuesday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the casino operator’s stock.

A number of other research firms have also issued reports on LVS. Seaport Research Partners dropped their price target on Las Vegas Sands from $69.00 to $59.00 and set a “buy” rating for the company in a research report on Thursday, July 23rd. Wolfe Research started coverage on Las Vegas Sands in a research report on Wednesday, September 2nd. They set a “peer perform” rating on the stock. Stifel Nicolaus reduced their price objective on Las Vegas Sands from $60.00 to $54.00 and set a “buy” rating on the stock in a research report on Tuesday. Morgan Stanley lowered their price objective on Las Vegas Sands from $61.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Monday. Finally, Jefferies Financial Group dropped their target price on Las Vegas Sands from $52.00 to $47.00 and set a “hold” rating for the company in a report on Thursday, July 23rd. Eleven research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $54.10.

Las Vegas Sands Stock Down 2.6%

Shares of NYSE LVS opened at $36.52 on Tuesday. The stock has a market cap of $23.65 billion, a PE ratio of 12.98, a P/E/G ratio of 0.98 and a beta of 0.78. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 15.27. Las Vegas Sands has a 12-month low of $35.03 and a 12-month high of $70.45. The company has a 50-day moving average of $41.05 and a 200 day moving average of $46.73.

Las Vegas Sands (NYSE:LVS) last released its earnings results on Wednesday, October 21st. The casino operator reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.14). Las Vegas Sands had a return on equity of 129.62% and a net margin of 11.85%. The business had revenue of $3.22 billion during the quarter, compared to analysts’ expectations of $3.33 billion. During the same period last year, the business earned $0.78 earnings per share. The company’s revenue for the quarter was down 3.5% compared to the same quarter last year. As a group, sell-side analysts predict that Las Vegas Sands will post 3.00 EPS for the current fiscal year.

Las Vegas Sands Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Monday, November 2nd will be paid a $0.30 dividend. The ex-dividend date of this dividend is Monday, November 2nd. This represents a $1.20 annualized dividend and a dividend yield of 3.3%. Las Vegas Sands’s dividend payout ratio is 46.69%.

Institutional Trading of Las Vegas Sands

A number of hedge funds and other institutional investors have recently made changes to their positions in LVS. State Street Corp lifted its stake in shares of Las Vegas Sands by 6.5% in the 2nd quarter. State Street Corp now owns 15,159,570 shares of the casino operator’s stock valued at $700,221,000 after purchasing an additional 919,452 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new position in shares of Las Vegas Sands during the 2nd quarter worth $107,407,000. SG Americas Securities LLC increased its position in shares of Las Vegas Sands by 74.2% during the 1st quarter. SG Americas Securities LLC now owns 1,529,236 shares of the casino operator’s stock worth $82,395,000 after purchasing an additional 651,214 shares during the last quarter. Bank of America Corp DE acquired a new stake in shares of Las Vegas Sands during the 2nd quarter worth about $40,380,000. Finally, Allianz Asset Management GmbH increased its position in shares of Las Vegas Sands by 36.9% during the 2nd quarter. Allianz Asset Management GmbH now owns 4,617,148 shares of the casino operator’s stock worth $213,266,000 after purchasing an additional 1,244,943 shares during the last quarter. Institutional investors and hedge funds own 39.16% of the company’s stock.

Las Vegas Sands News Summary

Here are the key news stories impacting Las Vegas Sands this week:

• Positive Sentiment: Management returned substantial capital to shareholders, repurchasing $950 million of stock during the quarter. The board also approved a 20% increase in the recurring dividend for 2027, raising the annual payout to $1.44 per share. Las Vegas Sands Reports Third Quarter 2026 Results
• Positive Sentiment: Macao’s mass-market gaming share reached 26.1%, highlighting competitive strength beneath the headline results. Chairman and CEO Patrick Dumont described the quarter as “aberrational” and remained optimistic about the longer-term outlook. LVS chairman discusses third-quarter outlook
• Neutral Sentiment: Analyst views remain mixed: Mizuho maintained an “outperform” rating despite lowering its target to $54, while Jefferies cut its target to $37 and assigned a “hold” rating. Bank of America also reduced its target to $45 and moved to “neutral.” These targets still imply potential upside, but the cuts signal lower near-term expectations. Mizuho analyst rating
• Negative Sentiment: Third-quarter adjusted results missed estimates: earnings were $0.54 per share versus consensus of $0.68, while revenue was $3.22 billion versus expectations of $3.33 billion. Revenue declined 3.5% year over year and EPS fell from $0.78 in the prior-year quarter. LVS third-quarter earnings miss
• Negative Sentiment: Soft premium and high-end gaming, weaker trends in both Macao and Singapore, and higher costs pressured profitability. JPMorgan consequently lowered its fourth-quarter forecasts and flagged uncertainty about the pace of a high-end recovery. JPMorgan cuts LVS forecasts

Las Vegas Sands Company Profile

Las Vegas Sands Corp. (NYSE: LVS) is a global developer and operator of integrated resorts, combining hotel accommodations, casinos, convention and exhibition facilities, restaurants, retail outlets, entertainment venues and other leisure amenities. The company serves both mass-market and premium customers through large-scale properties designed to support tourism and business travel.

Las Vegas Sands’ principal operations are in Macau and Singapore. Its Macau portfolio includes properties such as The Venetian Macao, The Londoner Macao, The Parisian Macao, Sands Macao and The Plaza Macao.