Seaport Res Ptn Forecasts Las Vegas Sands FY2026 Earnings

Las Vegas Sands Corp. (NYSE:LVS) – Equities researchers at Seaport Res Ptn decreased their FY2026 earnings per share (EPS) estimates for Las Vegas Sands in a research note issued to investors on Monday, December 1st. Seaport Res Ptn analyst V. Umansky now anticipates that the casino operator will post earnings of $3.38 per share for the year, down from their previous forecast of $3.41. The consensus estimate for Las Vegas Sands’ current full-year earnings is $2.60 per share. Seaport Res Ptn also issued estimates for Las Vegas Sands’ FY2027 earnings at $3.97 EPS.

Las Vegas Sands (NYSE:LVS) last announced its earnings results on Wednesday, October 22nd. The casino operator reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.16. Las Vegas Sands had a return on equity of 73.14% and a net margin of 12.69%.The firm had revenue of $3.33 billion during the quarter, compared to analysts’ expectations of $3.04 billion. During the same quarter in the previous year, the business earned $0.44 EPS. The company’s quarterly revenue was up 24.2% on a year-over-year basis.

A number of other research firms also recently issued reports on LVS. Macquarie boosted their price target on shares of Las Vegas Sands from $62.00 to $64.00 and gave the company an “outperform” rating in a research note on Thursday, October 23rd. UBS Group increased their target price on Las Vegas Sands from $55.00 to $65.00 and gave the stock a “neutral” rating in a research note on Thursday, August 28th. Barclays increased their price target on shares of Las Vegas Sands from $59.00 to $62.00 and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. Susquehanna upped their price objective on Las Vegas Sands from $62.00 to $63.00 and gave the stock a “positive” rating in a research report on Wednesday, October 22nd. Finally, Stifel Nicolaus increased their price target on Las Vegas Sands from $60.00 to $68.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $65.60.

Las Vegas Sands Stock Down 1.2%

NYSE LVS opened at $68.64 on Wednesday. The company has a fifty day moving average of $58.61 and a two-hundred day moving average of $52.27. The company has a quick ratio of 0.88, a current ratio of 0.89 and a debt-to-equity ratio of 7.42. The firm has a market capitalization of $46.41 billion, a price-to-earnings ratio of 31.06, a PEG ratio of 1.88 and a beta of 0.97. Las Vegas Sands has a 52 week low of $30.18 and a 52 week high of $70.45.

Las Vegas Sands Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 12th. Investors of record on Tuesday, November 4th were paid a dividend of $0.25 per share. The ex-dividend date was Tuesday, November 4th. This represents a $1.00 dividend on an annualized basis and a yield of 1.5%. Las Vegas Sands’s dividend payout ratio is currently 45.25%.

Insider Buying and Selling at Las Vegas Sands

In other news, EVP D. Zachary Hudson sold 100,000 shares of the stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $64.99, for a total transaction of $6,499,000.00. Following the completion of the sale, the executive vice president owned 13,735 shares in the company, valued at approximately $892,637.65. This represents a 87.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Robert G. Goldstein sold 700,000 shares of the stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $58.88, for a total value of $41,216,000.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 2,157,545 shares of company stock worth $130,042,065. 1.20% of the stock is owned by company insiders.

Institutional Trading of Las Vegas Sands

Several hedge funds have recently made changes to their positions in LVS. Avantax Advisory Services Inc. raised its holdings in Las Vegas Sands by 12.8% during the first quarter. Avantax Advisory Services Inc. now owns 10,346 shares of the casino operator’s stock worth $400,000 after purchasing an additional 1,172 shares in the last quarter. Federated Hermes Inc. increased its holdings in Las Vegas Sands by 797.5% during the 1st quarter. Federated Hermes Inc. now owns 13,400 shares of the casino operator’s stock valued at $518,000 after acquiring an additional 11,907 shares in the last quarter. Arkadios Wealth Advisors acquired a new position in Las Vegas Sands during the first quarter worth about $529,000. PNC Financial Services Group Inc. lifted its holdings in shares of Las Vegas Sands by 13.6% in the first quarter. PNC Financial Services Group Inc. now owns 32,846 shares of the casino operator’s stock valued at $1,269,000 after purchasing an additional 3,938 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of Las Vegas Sands by 5.8% during the 1st quarter. Vanguard Group Inc. now owns 41,249,208 shares of the casino operator’s stock worth $1,593,457,000 after purchasing an additional 2,267,307 shares in the last quarter. Institutional investors and hedge funds own 39.16% of the company’s stock.

About Las Vegas Sands

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.