Shares of Las Vegas Sands Corp. (NYSE:LVS) have been assigned a consensus rating of “Buy” from the twenty ratings firms that are presently covering the company, MarketBeat Ratings reports. Ten investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $65.24.

LVS has been the subject of a number of research reports. Stifel Nicolaus reaffirmed a “buy” rating on shares of Las Vegas Sands in a research note on Sunday, September 3rd. Zacks Investment Research raised Las Vegas Sands from a “hold” rating to a “buy” rating and set a $71.00 price target for the company in a research note on Friday, October 13th. Roth Capital initiated coverage on Las Vegas Sands in a research note on Wednesday, October 25th. They set a “buy” rating and a $69.00 price target for the company. Morgan Stanley increased their price target on Las Vegas Sands from $63.00 to $65.00 and gave the company an “equal weight” rating in a research note on Thursday, October 26th. Finally, Deutsche Bank increased their price target on Las Vegas Sands from $54.00 to $57.00 and gave the company a “hold” rating in a research note on Thursday, October 26th.

Shares of Las Vegas Sands (LVS) traded up $0.71 during midday trading on Monday, reaching $71.07. The company’s stock had a trading volume of 3,153,253 shares, compared to its average volume of 3,249,851. The company has a current ratio of 1.07, a quick ratio of 1.05 and a debt-to-equity ratio of 1.38. The company has a market cap of $55,620.00, a price-to-earnings ratio of 25.31 and a beta of 1.80. Las Vegas Sands has a 52-week low of $51.35 and a 52-week high of $71.42.

Las Vegas Sands (NYSE:LVS) last issued its quarterly earnings results on Wednesday, October 25th. The casino operator reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.10. The firm had revenue of $3.20 billion during the quarter, compared to analyst estimates of $3.14 billion. Las Vegas Sands had a return on equity of 31.11% and a net margin of 16.80%. The firm’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period last year, the company posted $0.72 EPS. analysts predict that Las Vegas Sands will post 2.87 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Thursday, December 21st will be paid a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a dividend yield of 4.11%. The ex-dividend date of this dividend is Wednesday, December 20th. Las Vegas Sands’s dividend payout ratio is presently 110.19%.

In other Las Vegas Sands news, Director George Jamieson bought 1,000 shares of the firm’s stock in a transaction dated Tuesday, November 14th. The stock was acquired at an average price of $66.96 per share, with a total value of $66,960.00. Following the completion of the transaction, the director now directly owns 6,488 shares in the company, valued at approximately $434,436.48. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 10.10% of the company’s stock.

Several institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Las Vegas Sands by 1.6% in the second quarter. Vanguard Group Inc. now owns 20,034,880 shares of the casino operator’s stock worth $1,280,029,000 after buying an additional 322,708 shares during the period. BlackRock Inc. boosted its position in shares of Las Vegas Sands by 2.3% in the second quarter. BlackRock Inc. now owns 16,129,966 shares of the casino operator’s stock worth $1,030,543,000 after buying an additional 365,566 shares during the period. Capital World Investors boosted its position in shares of Las Vegas Sands by 14.5% in the second quarter. Capital World Investors now owns 9,998,000 shares of the casino operator’s stock worth $638,772,000 after buying an additional 1,263,000 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Las Vegas Sands by 40.8% in the second quarter. Bank of New York Mellon Corp now owns 6,506,795 shares of the casino operator’s stock worth $415,720,000 after buying an additional 1,886,376 shares during the period. Finally, Thornburg Investment Management Inc. boosted its position in shares of Las Vegas Sands by 4.8% in the third quarter. Thornburg Investment Management Inc. now owns 4,387,745 shares of the casino operator’s stock worth $281,518,000 after buying an additional 199,979 shares during the period. 37.47% of the stock is owned by institutional investors and hedge funds.

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Las Vegas Sands Company Profile

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.

Analyst Recommendations for Las Vegas Sands (NYSE:LVS)

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