Las Vegas Sands (LVS) Stock Forecast, Price & News

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Las Vegas Sands in the last twelve months. There are currently 1 hold rating and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LVS shares.
View LVS analyst ratings or view top-rated stocks.

14 brokers have issued 1-year target prices for Las Vegas Sands' stock. Their LVS share price forecasts range from $42.00 to $80.50. On average, they predict the company's stock price to reach $68.54 in the next year. This suggests a possible upside of 13.0% from the stock's current price.
View analysts price targets for LVS or view top-rated stocks among Wall Street analysts.

Las Vegas Sands' stock was trading at $48.07 at the beginning of 2023. Since then, LVS shares have increased by 26.1% and is now trading at $60.64.
View the best growth stocks for 2023 here.

Las Vegas Sands saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 11,220,000 shares, a drop of 14.5% from the March 31st total of 13,120,000 shares. Based on an average daily volume of 5,030,000 shares, the short-interest ratio is presently 2.2 days. Approximately 3.4% of the company's stock are short sold.
View Las Vegas Sands' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 19th 2023.
View our LVS earnings forecast.

Las Vegas Sands Corp. (NYSE:LVS) released its quarterly earnings results on Wednesday, April, 19th. The casino operator reported $0.28 earnings per share for the quarter, topping analysts' consensus estimates of $0.17 by $0.11. The casino operator earned $2.12 billion during the quarter, compared to analysts' expectations of $1.83 billion. Las Vegas Sands had a negative net margin of 10.42% and a negative trailing twelve-month return on equity of 10.21%. The business's quarterly revenue was up 124.8% on a year-over-year basis. During the same period last year, the company earned ($0.40) EPS.
Read the conference call transcript.

ETFs with the largest weight of Las Vegas Sands (NYSE:LVS) stock in their portfolio include VanEck Gaming ETF (BJK), iBET Sports Betting & Gaming ETF (IBET), Invesco Dynamic Leisure and Entertainment ETF (PEJ), Adaptiv Select ETF (ADPV), Hennessy Stance ESG Large Cap ETF (STNC), Pinnacle Focused Opportunities ETF (FCUS), Alger Mid Cap 40 ETF (FRTY) and Invesco DWA Consumer Cyclicals Momentum ETF (PEZ).

55 employees have rated Las Vegas Sands Chief Executive Officer Sheldon G. Adelson on Glassdoor.com. Sheldon G. Adelson has an approval rating of 94% among the company's employees. This puts Sheldon G. Adelson in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Las Vegas Sands investors own include AT&T (T), Alibaba Group (BABA), Bank of America (BAC), NVIDIA (NVDA), Wynn Resorts (WYNN), Walt Disney (DIS), Tesla (TSLA), Intel (INTC), JPMorgan Chase & Co. (JPM) and Cisco Systems (CSCO).

Las Vegas Sands trades on the New York Stock Exchange (NYSE) under the ticker symbol "LVS."

Las Vegas Sands' stock is owned by many different institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (4.31%), BlackRock Inc. (3.05%), State Street Corp (1.64%), Fisher Asset Management LLC (1.21%), Bank of New York Mellon Corp (1.10%) and Barrow Hanley Mewhinney & Strauss LLC (1.00%).
View institutional ownership trends.

Shares of LVS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LVS stock can currently be purchased for approximately $60.64.

Las Vegas Sands (NYSE:LVS) has a market capitalization of $46.35 billion and generates $4.11 billion in revenue each year. The casino operator earns $1.83 billion in net income (profit) each year or ($0.72) on an earnings per share basis.

The company employs 35,700 workers across the globe.

Las Vegas Sands' mailing address is 3355 LAS VEGAS BOULEVARD SOUTH ROOM 1A, LAS VEGAS NV, 89109. The official website for the company is www.sands.com. The casino operator can be reached via phone at (702) 923-9000 or via fax at 702-414-4884.