Las Vegas Sands
LVS

$39.18

0.36%

Market Cap: 29.2B

About: Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. We expect Sands to open a fourth tower in Singapore toward the end of 2028. Its Venetian and Palazzo Las Vegas assets in the U.S. were sold to Apollo and VICI in 2022. With the sale of its Vegas assets, the company generates all its EBITDA from Asia, with its casino operations generating the majority of sales.

Employees: 38,700

Consumer Discretionary Hotels & Motels

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 25 analysts

0

News positive %

of 16 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

41% more call options, than puts

Call options by funds: $796M | Put options by funds: $563M

2% more capital invested

Capital invested by funds: $16.8B [Q4 2023] → $17.1B (+$344M) [Q1 2024]

1% more repeat investments, than reductions

Existing positions increased: 228 | Existing positions reduced: 226

1.15% less ownership

Funds ownership: 45.08% [Q4 2023] → 43.93% (-1.15%) [Q1 2024]

4% less funds holding

Funds holding: 661 [Q4 2023] → 637 (-24) [Q1 2024]

24% less first-time investments, than exits

New positions opened: 77 | Existing positions closed: 101

36% less funds holding in top 10

Funds holding in top 10: 11 [Q4 2023] → 7 (-4) [Q1 2024]

See Fund Rankings

Research analyst outlook

25 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$47

20%

upside

Avg. target

$59

50%

upside

High target

$75

91%

upside

25 analyst ratings

23 positive

92%

2 neutral

8%

0 negative

0%

Wells Fargo Daniel Politzer	35%upside $53	Overweight Maintained	25 Jul 2024
Deutsche Bank Carlo Santarelli	40%upside $55	Buy Maintained	25 Jul 2024
Macquarie Chad Beynon	43%upside $56	Outperform Maintained	25 Jul 2024
Stifel Steven Wieczynski	40%upside $55	Buy Maintained	25 Jul 2024
Barclays Brandt Montour	33%upside $52	Overweight Maintained	25 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 16 articles about LVS published over the past 30 days

Zacks Investment Research

Las Vegas Sands (LVS) Q2 Earnings & Revenues Lag, Up Y/Y

Las Vegas Sands' (LVS) second-quarter 2024 results reflect continuous performance improvements in Macao and Singapore. Yet, travel recovery softness compared with pre-pandemic levels in Macao is a concern.

Las Vegas Sands (LVS) Q2 Earnings & Revenues Lag, Up Y/Y

Sands China Announces Winners of 'Entrepreneurship Recruitment Programme for Rua das Estalagens'

Part of company's ongoing Community Revitalisation Series MACAO , July 25, 2024 /PRNewswire/ -- Sands China Ltd. disclosed the results of its Entrepreneurship Recruitment Programme for Rua das Estalagens, part of the company's ongoing Community Revitalisation Series, at a results announcement ceremony at The Londoner® Macao Thursday.

Sands China Announces Winners of 'Entrepreneurship Recruitment Programme for Rua das Estalagens'

Las Vegas Sands Corporation (LVS) Q2 2024 Earnings Call Transcript

Las Vegas Sands Corporation (NYSE:LVS ) Q2 2024 Earnings Conference Call July 24, 2024 4:30 PM ET Company Participants Daniel Briggs - SVP, IR Robert Goldstein - Chairman & CEO Patrick Dumont - President & COO Randy Hyzak - CFO Zachary Hudson - EVP, Global General Counsel, Secretary Conference Call Participants Joe Greff - JP Morgan Stephen Grambling - Morgan Stanley Robin Farley - UBS Carlo Santarelli - Deutsche Bank Shaun Kelley - Bank of America Merrill Lynch Chad Beynon - Macquarie Brandt Montour - Barclays David Katz - Jefferies Dan Politzer - Wells Fargo Steven Wieczynski - Stifel Operator Good day, ladies and gentlemen, and welcome to the Sands Second Quarter 2024 Earnings Call. [Operator Instructions] It is now my pleasure to turn the floor over to Mr.

Las Vegas Sands Corporation (LVS) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Las Vegas Sands (LVS) Reports Q2 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for Las Vegas Sands (LVS) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Las Vegas Sands (LVS) Reports Q2 Earnings: What Key Metrics Have to Say

Zacks Investment Research

Las Vegas Sands (LVS) Q2 Earnings and Revenues Lag Estimates

Las Vegas Sands (LVS) came out with quarterly earnings of $0.55 per share, missing the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.46 per share a year ago.

Las Vegas Sands (LVS) Q2 Earnings and Revenues Lag Estimates

Las Vegas Sands Reports Second Quarter 2024 Results

For the quarter ended June 30, 2024 Net Revenue of $2.76 billion and Net Income of $424 million Consolidated Adjusted Property EBITDA of $1.07 billion Macao Adjusted Property EBITDA of $561 million Low Hold on Rolling Play in Macao Negatively Impacted Adjusted Property EBITDA by $4 million Marina Bay Sands Adjusted Property EBITDA of $512 million High Hold on Rolling Play at Marina Bay Sands Positively Impacted Adjusted Property EBITDA by $64 million LVS Repurchased $400 million of Common Stock LAS VEGAS , July 24, 2024 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS), the leading global developer and operator of Integrated Resorts, today reported financial results for the quarter ended June 30, 2024. "Our financial and operating results for the second quarter of 2024 reflect growth in both Macao and Singapore compared to the second quarter of 2023.

Las Vegas Sands Reports Second Quarter 2024 Results

2024 Sands Shopping Carnival Draws Record-Breaking 120,000 Visits

July 18-21 event supported Macao's "tourism+" initiative Free business platform for local SMEs and Sands retailers MACAO , July 24, 2024 /PRNewswire/ -- The 2024 Sands Shopping Carnival successfully drew to a close Sunday at The Venetian® Macao's Cotai Expo, after setting an all-time high of 120,000 visits during four days of shopping, activities and performances. The Sands Shopping Carnival has welcomed over 540,000 visitors since its 2020 debut, becoming an annual signature event for Sands China.

2024 Sands Shopping Carnival Draws Record-Breaking 120,000 Visits

Sands to Release Second Quarter 2024 Financial Results

LAS VEGAS , July 17, 2024 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) will release its second quarter 2024 financial results on Wednesday, July 24, 2024, after market close. The company will host a conference call to discuss its results at approximately 1:30 p.m.

Sands to Release Second Quarter 2024 Financial Results

Zacks Investment Research

Here's Why Las Vegas Sands (LVS) is a Strong Value Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Here's Why Las Vegas Sands (LVS) is a Strong Value Stock

Zacks Investment Research

Las Vegas Sands (LVS) to Post Q2 Earnings: What's in Store?

Las Vegas Sands (LVS) second-quarter 2024 results are likely to benefit from improved visitation in Macao and Singapore.

Las Vegas Sands (LVS) to Post Q2 Earnings: What's in Store?

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