Las Vegas Sands (LVS) Given Daily News Sentiment Score of 0.19
Media coverage about Las Vegas Sands (NYSE:LVS) has been trending somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Las Vegas Sands earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave media headlines about the casino operator an impact score of 47.0987138073719 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news stories that may have impacted Accern’s analysis:
- Las Vegas Sands Corp (NYSE:LVS) Bullish Trend – Live Trading News – Live Trading News (livetradingnews.com)
- Las Vegas Sands Corp. (LVS) Expected to Post Quarterly Sales of $3.34 Billion (americanbankingnews.com)
- 'Prestigious' Wynn properties would be a great trophy for Asian conglomerates, investor says (finance.yahoo.com)
- One Stock for High Risk Investors: Las Vegas Sands Corp. (LVS) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Hot Stock under Consideration: Las Vegas Sands Corp (NYSE: LVS) – Alpha Beta Stock (alphabetastock.com)
Several equities research analysts recently commented on LVS shares. Zacks Investment Research raised Las Vegas Sands from a “hold” rating to a “buy” rating and set a $71.00 target price on the stock in a report on Friday, October 13th. Roth Capital started coverage on Las Vegas Sands in a report on Wednesday, October 25th. They set a “buy” rating and a $69.00 target price on the stock. Morgan Stanley boosted their target price on Las Vegas Sands from $63.00 to $65.00 and gave the stock an “equal weight” rating in a report on Thursday, October 26th. Deutsche Bank boosted their target price on Las Vegas Sands from $54.00 to $57.00 and gave the stock a “hold” rating in a report on Thursday, October 26th. Finally, Gabelli boosted their target price on Las Vegas Sands from $60.00 to $68.00 and gave the stock a “buy” rating in a report on Thursday, October 26th. Ten research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $70.54.
Las Vegas Sands (NYSE:LVS) last posted its quarterly earnings data on Wednesday, January 24th. The casino operator reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.11. Las Vegas Sands had a net margin of 21.78% and a return on equity of 34.76%. The firm had revenue of $3.44 billion for the quarter, compared to analysts’ expectations of $3.26 billion. During the same period in the previous year, the company posted $0.62 EPS. The company’s quarterly revenue was up 11.7% compared to the same quarter last year. equities analysts anticipate that Las Vegas Sands will post 3.33 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Thursday, March 22nd will be given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 4.23%. This is a boost from Las Vegas Sands’s previous quarterly dividend of $0.73. The ex-dividend date is Wednesday, March 21st. Las Vegas Sands’s payout ratio is presently 82.49%.
In other news, Director George Jamieson acquired 1,000 shares of the stock in a transaction on Tuesday, November 14th. The shares were purchased at an average cost of $66.96 per share, for a total transaction of $66,960.00. Following the transaction, the director now owns 6,488 shares in the company, valued at approximately $434,436.48. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 10.10% of the company’s stock.
About Las Vegas Sands
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.
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