13 stories mentioning LVSUpdated 8d ago
Every FINWIRES story that references LVS, newest first.
Las Vegas Sands (LVS) has an average rating of overweight and mean price target of $59.24, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Las Vegas Sands (LVS) and Boyd Gaming (BYD) reported Q2 results largely in line with expectations, with stronger domestic trends offsetting softer Macau and Singapore performance, Morgan Stanley said in a note Monday.For Boyd Gaming, recent activist involvement in brick-and-mortar gaming suggests higher valuations for businesses with less owned real estate, implying that the company's core business is trading at an undemanding valuation even after accounting for its real estate, the firm said.For Las Vegas Sands, valuation has declined as growth in Macau has slowed. Despite this, Marina Bay Sands remains a "crown jewel," delivering consistent post-pandemic EBITDA growth, the bank said.The firm said that for Boyd Gaming, it now forecasts 2026 revenue of $4.1 billion and earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs, or EBITDAR, of $1.3 billion, compared with $4.1 billion and $1.3 billion previously.The bank also lowered its 2026 revenue and EBITDAR projections for Las Vegas Sands to $13.7 billion and $4.7 billion, compared with $14.1 billion and $5 billion previously.Macau property EBITDA is reduced to $2.2 billion in 2026 and $2.4 billion in 2027, while Singapore property EBITDA is adjusted to $2.9 billion in 2026 and $2.9 billion in 2027.Morgan Stanley lowered its price targets on Boyd Gaming from $90 to $89 and on Las Vegas Sands from $68 to $61, and has equal-weight ratings on the stocks.Price: $47.12, Change: $+1.04, Percent Change: +2.26%
Las Vegas Sands (LVS) has an average rating of overweight and mean price target of $59.91, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $47.27, Change: $+1.19, Percent Change: +2.58%
Las Vegas Sands (LVS) has an average rating of overweight and mean price target of $60.77, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $45.35, Change: $+0.09, Percent Change: +0.21%
Las Vegas Sands (LVS) reported Q2 adjusted earnings late Wednesday of $0.59 per diluted share, down from $0.79 a year earlier.Analysts polled by FactSet expected $0.76.Revenue for the three months ended June 30 was $3.15 billion, down from $3.18 billion a year earlier.Analysts expected $3.31 billion.The company maintained its quarterly dividend at $0.30 per share, payable Aug. 12 to stockholders of record Aug. 4.
PENN Entertainment (PENN), Churchill Downs (CHDN), and other regional gaming companies are expected to surpass market expectations in Q2, while Macau-based operators are likely to deliver mixed results, BofA Securities said Monday in a report.For regional companies, BofA projects same-store gross gaming revenue growth of 3% from a year earlier in April and May, with June flat.For online gaming companies, while the World Cup supported trends in June, BofA flagged concerns about wagering-volume growth in Q3 and Q4 as prediction-market activity continues to accelerate.For Macau operators, BofA expects Las Vegas Sands (LVS) to miss estimates and MGM Resorts International (MGM) to beat expectations.Las Vegas Strip gaming operators are expected to deliver results in line with consensus expectations, the report said.BofA lifted its price objective to $22 from $18 on PENN stock and to $70 from $60 on Red Rock Resorts (RRR), and cut its objective to $60 from $70 on Las Vegas Sands.Price: $21.41, Change: $+0.84, Percent Change: +4.08%
Las Vegas Sands (LVS) has an average rating of overweight and mean price target of $68.82, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $45.97, Change: $-0.22, Percent Change: -0.48%
Las Vegas Sands (LVS) has an average rating of overweight and mean price target of $70.04, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $50.62, Change: $+0.43, Percent Change: +0.86%
(Corrected the headline with the rating reiteration and price target raise).Las Vegas Sands (LVS) has an average rating of overweight and mean price target of $69.87, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $51.37, Change: $-5.48, Percent Change: -9.64%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our 12-month price target by $2 to $65, based on 10.1x our 2026 adjusted EBITDA estimate and slightly higher than the company's three-year average forward EV/EBITDA multiple of 9.7x and above peers. We believe the company is deserving of an above-peer multiple due primarily to its Marina Bay Sands property, which has outperformed Macau and Las Vegas Casinos significantly in recent years. We see value emerging in shares after strong results and a 20% decline in shares year-to-date. LVS fell over 8% in early trading on Thursday, giving investors a great opportunity to buy shares at a discounted valuation. We believe LVS has a strong property portfolio and a robust track record of outperformance in recent years. Marina Bay Sands is experiencing continued strength, and we believe Macau is following suit with 24% revenue growth and 18% EBITDA growth in Q1. Shares currently trade under 9x consensus EBITDA estimates for the next 12 months.
Las Vegas Sands (LVS) has an average rating of overweight and mean price target of $69.87, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Las Vegas Sands delivered strong Q1 results with normalized EPS of $0.91, up 54% Y/Y and improving upon Q4 2025 performance, while net revenue increased 25.3% to $3.59B driven by robust growth across both regions. Consolidated adjusted property EBITDA grew 24.6% to $1.42B, though regional margin performance diverged in Macao operations experiencing 140 bps of compression to 29.9% despite generating $633M in adjusted EBITDA (+18.3% Y/Y), while Marina Bay Sands maintained exceptional 53.0% margins (+100 bps Y/Y). Gaming performance showed strength with casino revenues increasing 28.8% to $2.74B and robust rolling chip volumes at Marina Bay Sands ($18.0B vs. $8.0B in the prior year) and The Londoner Macao ($4.7B vs. $1.7B in the prior year). The company continued aggressive capital returns, repurchasing $740M of stock during the quarter and returning $5.24B to shareholders since Q4 2023, representing 14.3% of outstanding shares while maintaining its $0.30 quarterly dividend.
Las Vegas Sands (LVS) has an average rating of overweight and mean price target of $70.09, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $54.03, Change: $+0.58, Percent Change: +1.09%
