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

Over the past 3 months, 4 Wall Street analysts have provided ratings for Las Vegas Sands (NYSE:LVS), with 2 bullish and 2 somewhat bullish ratings. The average price target is $69.75, representing an implied upside from the current price of $49.25. The target has increased by 0.36% over the past month. Analysts' ratings are based on research and provide guidance to investors, though they reflect opinions and can vary each quarter.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 7:00 pm

Travel and leisure stocks are trading higher due to softer-than-expected October CPI data, which has reduced concerns about further Fed rate hikes. The upcoming holiday travel season is also contributing to the sector's positive performance.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 8:35 pm

Wynn Resorts Ltd (NASDAQ:WYNN) is set to report its Q3 earnings on Nov. 9. Analysts will focus on the company's revenue from Macau, following a 316% YoY increase in Macau gross gaming revenue. Wynn is expected to report 78 cents in EPS and $1.58 billion in revenue for the quarter. However, the stock may experience volatility due to a strike declared by the Culinary Workers Union. The stock is rated a Buy by Wall Street analysts, with a $108.50 consensus price target.

Portfolio Pulse from Surbhi Jain

November 09, 2023 | 2:43 pm

Benzinga's options activity scanner has identified significant options activity in the Consumer Discretionary sector. The stocks involved are Tesla (TSLA), Wayfair (W), Lucid Group (LCID), Lululemon Athletica (LULU), Las Vegas Sands (LVS), Carvana (CVNA), Marriott International (MAR), Nike (NKE), Lennar Corporation (LEN), and Expedia Group (EXPE). The options activity ranges from neutral to bullish and bearish sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 5:35 pm

Las Vegas Sands Corp has filed for a mixed shelf offering with the SEC, though the size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 8:11 pm

Las Vegas Sands (NYSE:LVS) has outperformed the market over the past 15 years by 1.98% on an annualized basis, producing an average annual return of 12.85%. If an investor had bought $1000 of LVS stock 15 years ago, it would be worth $6,975.82 today.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 4:30 pm

Culinary Workers and Bartenders Unions have set a strike deadline against Las Vegas casino operators for Friday, Nov. 10th. This could potentially disrupt operations of several casinos.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 7:08 pm

On CNBC's 'Halftime Report Final Trades', Josh Brown of Ritholtz Wealth Management recommended iShares 7-10 Year Treasury Bond ETF (IEF). Jim Lebenthal of Cerity Partners picked Wynn Resorts (WYNN), anticipating a good report in the coming weeks. HSBC initiated coverage on WYNN with a Buy rating and a $111 price target. Stephanie Link of Hightower recommended McDonald's (MCD), which is down 14% from its highs. Barclays maintained McDonald's with an Overweight and lowered the price target from $345 to $315. McDonald's also increased its quarterly cash dividend by 10%.

Portfolio Pulse from Lisa Levin

October 25, 2023 | 1:44 pm

The article discusses several key topics in investing this week. Las Vegas Sands (LVS) reported a strong Q3, with near-record results in Singapore and Macau nearing 2019 levels. The company has reinstated dividends and increased stock buyback authorization to $2B. Nvidia (NVDA) stock fell by about 10% due to the ongoing trade war with China. The US government's limitation on Nvidia's chip exports to China, which makes up 20% of its revenue, is seen as a significant factor. The article also discusses the Federal Reserve's stance on inflation and the yield curve, strong consumer sales, and Argentina's economic policy.

Portfolio Pulse from Gary Brode

October 24, 2023 | 5:53 pm

Las Vegas Sands (NYSE:LVS) has outperformed the market over the past 15 years, producing an average annual return of 14.69%. If an investor had bought $1000 of LVS stock 15 years ago, it would be worth $7,170.89 today.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 9:00 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.