Las Vegas Sands (NYSE:LVS) Reaches New 52-Week Low Following Weak Earnings

Las Vegas Sands Corp. (NYSE:LVS)’s stock price reached a new 52-week low during mid-day trading on Thursday following a dissappointing earnings announcement. The company traded as low as $35.03 and last traded at $37.0880, with a volume of 893,930 shares. The stock had previously closed at $37.51.

The casino operator reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.14). Las Vegas Sands had a return on equity of 133.90% and a net margin of 12.59%. The business had revenue of $3.22 billion during the quarter, compared to analysts’ expectations of $3.33 billion. During the same quarter in the previous year, the business earned $0.78 EPS. Las Vegas Sands’s revenue for the quarter was down 3.5% on a year-over-year basis.

Las Vegas Sands Announces Dividend

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 issued 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 3.2%. Las Vegas Sands’s dividend payout ratio is presently 46.69%.

Key Las Vegas Sands News

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

• Positive Sentiment: Las Vegas Sands repurchased $950 million of its stock during the third quarter, equivalent to a significant reduction in outstanding shares over recent quarters. Buybacks can support per-share earnings and signal management’s confidence in the company’s long-term value. Las Vegas Sands: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: The company announced a 20% increase in its recurring 2027 dividend, raising the annual payout to $1.44 per share, while its current quarterly dividend is $0.30 per share. The higher shareholder returns may provide downside support. Las Vegas Sands Reports Third Quarter 2026 Results
• Positive Sentiment: Mizuho maintained an “outperform” rating despite lowering its price target to $54 from $61, implying substantial upside from the recent share price. Bank of America also sees upside to $45, although it assigned a neutral rating.
• Neutral Sentiment: Macau mass-market gaming share reached 26.1%, and Las Vegas Sands is increasing its investment focus in Macau. This supports the company’s competitive position but also increases exposure to the region’s uneven recovery. Las Vegas Sands Macau Investment Strategy
• Negative Sentiment: Third-quarter adjusted results missed expectations: reported EPS was $0.54 versus a $0.68 consensus estimate, while revenue of $3.22 billion fell short of the $3.33 billion forecast. Revenue declined 3.5% year over year, and EPS fell from $0.78 a year earlier. Las Vegas Sands Shares Fall After Q3 Earnings Miss
• Negative Sentiment: Soft October gaming trends in Macau and weakness in destination gaming, including Singapore, have raised concerns about near-term revenue growth. JPMorgan also reduced its price target to $54 from $60, adding to the cautious analyst sentiment.

Analyst Ratings Changes

LVS has been the topic of a number of recent analyst reports. Barclays set a $50.00 target price on shares of Las Vegas Sands in a research note on Thursday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $62.00 price target (down from $73.00) on shares of Las Vegas Sands in a research note on Thursday, July 23rd. Citigroup started coverage on shares of Las Vegas Sands in a research note on Monday, October 12th. They issued a “buy” rating and a $71.50 price target for the company. Wall Street Zen lowered shares of Las Vegas Sands from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Finally, Susquehanna lowered their price objective on shares of Las Vegas Sands from $63.00 to $51.00 and set a “positive” rating on the stock in a research report on Wednesday. Eleven investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $54.92.

Hedge Funds Weigh In On Las Vegas Sands

Several hedge funds and other institutional investors have recently modified their holdings of LVS. Bamco Inc. NY purchased a new position in shares of Las Vegas Sands during the 2nd quarter worth approximately $174,796,000. The Manufacturers Life Insurance Company purchased a new position in shares of Las Vegas Sands in the 2nd quarter valued at approximately $107,407,000. Legal & General Group Plc purchased a new position in shares of Las Vegas Sands in the 2nd quarter valued at approximately $83,696,000. Amundi lifted its stake in shares of Las Vegas Sands by 157.2% in the 1st quarter. Amundi now owns 2,864,789 shares of the casino operator’s stock valued at $154,355,000 after purchasing an additional 1,750,758 shares during the period. Finally, Canada Pension Plan Investment Board bought a new stake in shares of Las Vegas Sands during the second quarter valued at approximately $67,068,000. Hedge funds and other institutional investors own 39.16% of the company’s stock.

Las Vegas Sands Stock Down 0.8%

The company has a market capitalization of $24.09 billion, a P/E ratio of 14.39, a price-to-earnings-growth ratio of 0.99 and a beta of 0.78. The company has a 50-day moving average of $41.24 and a two-hundred day moving average of $46.86. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 15.27.

About Las Vegas Sands

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.