Several analysts have recently updated their ratings and price targets for Las Vegas Sands Corp. (NYSE: LVS):

  • 9/19/2016 – Las Vegas Sands Corp. had its price target raised by analysts at Credit Agricole SA from $50.00 to $58.00. They now have an “outperform” rating on the stock.
  • 9/16/2016 – Las Vegas Sands Corp. had its “hold” rating reaffirmed by analysts at Deutsche Bank AG.
  • 9/14/2016 – Las Vegas Sands Corp. was upgraded by analysts at Argus from a “hold” rating to a “buy” rating. They now have a $67.00 price target on the stock, up previously from $56.54. They wrote, “We believe that LVS is well positioned in this segment, and expect it to benefit from its Integrated Resort business model, which includes hotels, convention centers, and retail stores, as well as casinos.Related Link: Stifel Offers Updates On Best Ideas In Gaming & Leisure”LVS is also focused on maintaining high occupancy at its Macau hotels. In addition, we expect investors to benefit from the company’s highly profitable Singapore operations, $2 billion share buyback program, and 5.1 percent dividend yield.”
  • 9/14/2016 – Las Vegas Sands Corp. had its “buy” rating reaffirmed by analysts at Citigroup Inc.. They now have a $62.00 price target on the stock.
  • 9/8/2016 – Las Vegas Sands Corp. had its price target raised by analysts at Stifel Nicolaus from $56.00 to $61.00. They now have a “buy” rating on the stock.
  • 9/8/2016 – Las Vegas Sands Corp. had its “positive” rating reaffirmed by analysts at Susquehanna. They now have a $63.00 price target on the stock.
  • 9/1/2016 – Las Vegas Sands Corp. was upgraded by analysts at TheStreet from a “hold” rating to a “buy” rating.
  • 8/11/2016 – Las Vegas Sands Corp. is now covered by analysts at Buckingham Research. They set a “neutral” rating and a $55.00 price target on the stock.
  • 7/27/2016 – Las Vegas Sands Corp. was given a new $49.00 price target on by analysts at Barclays PLC. They now have a “hold” rating on the stock.
  • 7/26/2016 – Las Vegas Sands Corp. had its price target raised by analysts at Telsey Advisory Group from $47.00 to $50.00. They now have a “market perform” rating on the stock.

Las Vegas Sands Corp. (NYSE:LVS) opened at 56.76 on Thursday. Las Vegas Sands Corp. has a 12-month low of $34.88 and a 12-month high of $58.65. The stock has a 50 day moving average price of $53.32 and a 200-day moving average price of $49.11. The stock has a market cap of $45.10 billion, a P/E ratio of 27.63 and a beta of 2.09.

Las Vegas Sands Corp. (NYSE:LVS) last announced its quarterly earnings data on Monday, July 25th. The casino operator reported $0.52 EPS for the quarter, missing the Zacks’ consensus estimate of $0.56 by $0.04. The business earned $2.65 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Las Vegas Sands Corp. had a net margin of 14.69% and a return on equity of 22.12%. Las Vegas Sands Corp.’s revenue for the quarter was down 9.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.60 EPS. On average, equities analysts expect that Las Vegas Sands Corp. will post $2.20 earnings per share for the current year.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/22/las-vegas-sands-corp-lvs-research-analysts-weekly-ratings-updates.html

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Thursday, September 22nd will be given a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a dividend yield of 5.07%. The ex-dividend date is Tuesday, September 20th. Las Vegas Sands Corp.’s dividend payout ratio is currently 140.49%.

Las Vegas Sands Corp. is a developer of destination properties (integrated resorts) that offers 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.

5 Day Chart for NYSE:LVS

Receive News & Ratings for Las Vegas Sands Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Las Vegas Sands Corp and related companies with MarketBeat.com's FREE daily email newsletter.