Las Vegas Sands (NYSE:LVS) Given New $68.00 Price Target at JPMorgan Chase & Co.

Las Vegas Sands (NYSE:LVS) had its target price cut by JPMorgan Chase & Co. from $71.00 to $68.00 in a research report sent to investors on Thursday morning,MarketScreener reports. They currently have an overweight rating on the casino operator’s stock.

A number of other equities research analysts have also commented on LVS. Morgan Stanley reaffirmed a “mixed” rating on shares of Las Vegas Sands in a research note on Wednesday, April 8th. Mizuho upped their price objective on shares of Las Vegas Sands from $65.00 to $67.00 and gave the company an “outperform” rating in a research note on Thursday. Jefferies Financial Group upped their price objective on shares of Las Vegas Sands from $61.00 to $63.00 and gave the company a “hold” rating in a research note on Thursday. HSBC upped their price objective on shares of Las Vegas Sands from $73.00 to $78.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Stifel Nicolaus upped their price objective on shares of Las Vegas Sands from $72.00 to $74.00 and gave the company a “buy” rating in a research note on Thursday. Eleven equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $68.28.

Las Vegas Sands Trading Down 8.6%

LVS opened at $51.98 on Thursday. Las Vegas Sands has a fifty-two week low of $34.36 and a fifty-two week high of $70.45. The company has a debt-to-equity ratio of 7.58, a current ratio of 1.14 and a quick ratio of 1.13. The firm has a market capitalization of $34.50 billion, a price-to-earnings ratio of 19.25, a PEG ratio of 1.42 and a beta of 0.89. The company’s 50 day moving average price is $55.04 and its two-hundred day moving average price is $58.91.

Las Vegas Sands (NYSE:LVS) last posted its earnings results on Wednesday, April 22nd. The casino operator reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.15. Las Vegas Sands had a net margin of 13.41% and a return on equity of 112.15%. The firm had revenue of $3.59 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same period in the previous year, the firm posted $0.59 EPS. The company’s revenue for the quarter was up 25.3% compared to the same quarter last year. As a group, research analysts predict that Las Vegas Sands will post 3.16 earnings per share for the current year.

Las Vegas Sands Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 13th. Investors of record on Tuesday, May 5th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, May 5th. This represents a $1.20 annualized dividend and a yield of 2.3%. Las Vegas Sands’s dividend payout ratio is currently 51.28%.

Insider Transactions at Las Vegas Sands

In related news, CEO Patrick Dumont sold 60,165 shares of the stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $54.75, for a total transaction of $3,294,033.75. Following the transaction, the chief executive officer directly owned 511,942 shares of the company’s stock, valued at $28,028,824.50. This represents a 10.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.55% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Grove Bank & Trust bought a new position in Las Vegas Sands during the fourth quarter worth $26,000. International Assets Investment Management LLC acquired a new position in Las Vegas Sands during the fourth quarter worth $26,000. Westside Investment Management Inc. raised its holdings in Las Vegas Sands by 48.0% during the third quarter. Westside Investment Management Inc. now owns 512 shares of the casino operator’s stock worth $28,000 after buying an additional 166 shares during the last quarter. DV Equities LLC acquired a new position in Las Vegas Sands during the fourth quarter worth $28,000. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA acquired a new position in Las Vegas Sands during the fourth quarter worth $29,000. 39.16% of the stock is owned by institutional investors.

More Las Vegas Sands News

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

• Positive Sentiment: Q1 beat and solid top-line growth — LVS reported ~25% YoY revenue growth, EPS above estimates, consolidated adjusted property EBITDA up about 24.6%, and management disclosed $740M of share repurchases; these are supportive for earnings momentum and shareholder returns. PR Newswire: Q1 Results
• Positive Sentiment: Strong Marina Bay Sands performance — VIP/high-end gaming rebound in Singapore drove outsized revenue gains, helping offset Macao softness and boosting consolidated results. Yahoo: Marina Bay Sands Boosts Revenue
• Neutral Sentiment: Analyst reactions are mixed but mostly constructive — several firms raised price targets (Morgan Stanley, Stifel, Mizuho, HSBC) while a few trimmed theirs; the changes reflect differing views on Macau margin recovery vs. growth. These updates create varied near-term sentiment but don’t alter the underlying beat. MarketScreener: Analyst Moves
• Negative Sentiment: Macau margin pressure and near-term spending concerns — investors focused on a decline in adjusted property EBITDA margin Y/Y, management commentary about staffing/service investments and promotional intensity in Macau’s high-end segment, which could compress margins and offset revenue gains. This is the main driver of the stock decline. QuiverQuant: Margin Pressure Analysis
• Negative Sentiment: Insider and institutional activity raises caution — notable insider selling and large institutional portfolio shifts were flagged in reporting, which can weigh on sentiment even after a beat. QuiverQuant: Insider & Institutional Activity

About Las Vegas Sands

Las Vegas Sands (NYSE: LVS) is a global developer and operator of integrated resorts, focused on large-scale properties that combine casino gaming with hotels, convention and exhibition facilities, retail, dining, and entertainment. The company’s operations center on developing and managing full-service resort complexes that serve both leisure and business travelers, with emphasis on convention and trade-show business in addition to gaming revenue streams.

The company’s portfolio has included prominent properties in North America and Asia, most notably The Venetian Resort in Las Vegas and Marina Bay Sands in Singapore, along with a significant presence in Macau through multiple integrated resorts.