Streetbeat News

LVS

Las Vegas Sands Corp.

https://www.sands.com

Industry

Gambling, Resorts & Casinos

Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Asia and the United States. It owns and operates The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, Cotai Strip, and the Sands Macao in Macao, the People's Republic of China; and Marina Bay Sands in Singapore. The company also owns and operates The Venetian Resort Hotel Casino on the Las Vegas Strip; and the Sands Expo and Convention Center in Las Vegas, Nevada. Its integrated resorts feature accommodations, gaming, entertainment and retail malls, convention and exhibition facilities, celebrity chef restaurants, and other amenities. Las Vegas Sands Corp. was founded in 1988 and is based in Las Vegas, Nevada.

Open

48.45

Mkt cap

35B

Volume

4.8M

High

48.78

P/E Ratio

23.74

52-wk high

55.66

Low

47.73

Div yield

0.02

52-wk low

36.62

Today's session highlighted significant options activity for 10 consumer discretionary stocks, indicating potential trading opportunities. Activity included bullish, bearish, and neutral sentiments across various expiration dates and strike prices for companies like TSLA, F, YUMC, GM, CVNA, EBAY, JD, NKE, AMZN, and LVS. This options activity, tracked by Benzinga's options activity scanner, suggests abnormal trading volumes that could influence stock prices in the short term.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 5:35 pm

Deep-pocketed investors have shown a bearish sentiment towards Las Vegas Sands (LVS) based on unusual options activity detected by Benzinga. The activity includes 9 significant options trades with a mixed sentiment, but a majority leaning bearish. The targeted price range for LVS is between $30.0 to $60.0. The largest trades include both bearish and bullish calls with varying expiration dates and strike prices. Las Vegas Sands, a major operator of integrated resorts primarily in Asia, has seen its stock price increase by 2.11% to $49.95, with a potential overbought RSI indication.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 4:31 pm

Las Vegas Sands (NYSE:LVS) has announced a quarterly dividend of 20 cents per share, with the ex-dividend date set for Monday. Shareholders owning LVS stock by the end of Friday's session will be eligible for the dividend, which will be paid on February 14, 2024. The stock is expected to open 20 cents lower on Monday due to the dividend payout.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 2:45 pm

Las Vegas Sands Corp. (NYSE:LVS) saw its stock rise in after-hours trading following its Q4 earnings report. The company reported adjusted earnings of 57 cents per share, which was below the consensus estimate of 61 cents but a significant improvement over the previous year's loss of 19 cents per share. Quarterly sales were $2.92 billion, slightly above the consensus estimate of $2.90 billion and a 160.97% increase from the previous year. The company also reported a substantial increase in adjusted property EBITDA and a strong unrestricted cash balance. CEO Robert G. Goldstein expressed optimism about future growth in Macao and Singapore.

Portfolio Pulse from Ryan Gustafson

January 24, 2024 | 9:37 pm

In Wednesday's after-market session, several consumer discretionary stocks saw movement. Interactive Strength, Barnes & Noble Education, EZGO Technologies, Newegg Commerce, Fossil Group, and Las Vegas Sands were gainers, with Las Vegas Sands reporting Q4 earnings. Conversely, United Homes Gr, Jiuzi Hldgs, Zapp Electric Vehicles, Genius Gr, E-Home Household Service, and Tesla were losers, with Tesla also reporting Q4 earnings.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 9:31 pm

Las Vegas Sands Corp. (LVS) reported Q4 adjusted earnings per share (EPS) of $0.57, missing the consensus estimate of $0.61 by 6.56%. However, the company's quarterly sales of $2.92 billion exceeded expectations of $2.90 billion by 0.52%. These results represent a significant improvement from the same period last year, with a 400% increase in EPS from a loss of $(0.19) and a 160.97% increase in sales from $1.12 billion.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:07 pm

U.S. stock indices hit record highs, with the S&P 500 surpassing 4,900 points due to a tech rally and Microsoft reaching a $3 trillion market cap. The National Science Foundation announced a pilot AI research program with tech companies. The Nasdaq 100 and Dow Jones also saw gains, while the Russell 2000 remained flat. U.S. private sector activity showed strong growth, and China's RRR cut boosted Chinese-related stocks. Sector-wise, technology led gains, while utilities lagged. Netflix surged on strong subscriber growth, while other companies showed mixed reactions to earnings. DuPont tumbled after a disappointing forecast.

Portfolio Pulse from Piero Cingari

January 24, 2024 | 7:38 pm

U.S. stock futures are up, with positive sentiment from Netflix and ASML earnings. Tesla's Q4 results are highly anticipated. Chinese central bank's stimulatory measure may boost U.S.-listed Chinese stocks. Mixed results in Tuesday's trading with Dow down, but Nasdaq and S&P 500 up. Wharton professor Jeremy Siegel suggests broader market participation in the rally, favoring big tech stocks. SPDR S&P 500 ETF Trust and Invesco QQQ ETF saw premarket gains. Several companies, including Abbott Laboratories and IBM, are set to report earnings.

Portfolio Pulse from Shanthi Rexaline

January 24, 2024 | 12:41 pm

Earnings reports for January 24, 2024, are scheduled for a wide range of companies across various industries. The reports include a mix of expected profits and losses, with key players like Freeport-McMoRan, General Dynamics, ASML Holding, and Tesla among those reporting. Investors will be closely watching these earnings releases to gauge company performance and sector health.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 10:11 am

As the S&P 500 Index hits new highs, investors are closely monitoring a pivotal week of Q4 earnings reports from major companies. Mixed results have been seen so far, with financial sector companies underperforming. Key reports from Netflix, Intel, and Tesla are anticipated to significantly influence market trends. The SPDR S&P 500 ETF Trust (SPY) also saw an increase, reflecting market optimism.

Portfolio Pulse from Shanthi Rexaline

January 22, 2024 | 10:00 am

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