Zacks Research Cuts Earnings Estimates for Las Vegas Sands

Las Vegas Sands Corp. (NYSE:LVS) – Equities researchers at Zacks Research lowered their Q3 2026 earnings estimates for shares of Las Vegas Sands in a report issued on Wednesday, August 5th. Zacks Research analyst Team now forecasts that the casino operator will earn $0.77 per share for the quarter, down from their prior forecast of $0.79. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Las Vegas Sands’ current full-year earnings is $3.12 per share. Zacks Research also issued estimates for Las Vegas Sands’ Q4 2026 earnings at $0.82 EPS, FY2026 earnings at $3.09 EPS, Q1 2027 earnings at $0.92 EPS, Q2 2027 earnings at $0.82 EPS, Q3 2027 earnings at $0.83 EPS, Q4 2027 earnings at $0.93 EPS, FY2027 earnings at $3.49 EPS, Q1 2028 earnings at $1.04 EPS, Q2 2028 earnings at $0.83 EPS and FY2028 earnings at $3.73 EPS.

A number of other research analysts have also issued reports on LVS. Argus lowered Las Vegas Sands from a “buy” rating to a “hold” rating in a report on Thursday, July 30th. Weiss Ratings lowered Las Vegas Sands from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 26th. Citigroup decreased their price objective on Las Vegas Sands from $78.50 to $73.00 and set a “buy” rating for the company in a research note on Friday, July 10th. UBS Group set a $52.00 target price on shares of Las Vegas Sands in a research note on Thursday, July 2nd. Finally, Susquehanna reduced their target price on shares of Las Vegas Sands from $64.00 to $63.00 and set a “positive” rating on the stock in a report on Wednesday, July 22nd. Ten analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $61.88.

Las Vegas Sands Stock Down 0.4%

Las Vegas Sands stock opened at $45.83 on Thursday. The firm has a market capitalization of $29.69 billion, a P/E ratio of 17.83, a P/E/G ratio of 1.12 and a beta of 0.85. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 15.27. Las Vegas Sands has a twelve month low of $44.21 and a twelve month high of $70.45. The stock’s fifty day simple moving average is $47.91 and its 200-day simple moving average is $52.41.

Las Vegas Sands (NYSE:LVS) last issued its quarterly earnings results on Wednesday, July 22nd. The casino operator reported $0.59 EPS for the quarter, missing the consensus estimate of $0.76 by ($0.17). The business had revenue of $3.15 billion during the quarter, compared to analysts’ expectations of $3.31 billion. Las Vegas Sands had a net margin of 12.59% and a return on equity of 133.90%. The business’s quarterly revenue was down .7% on a year-over-year basis. During the same period in the prior year, the business earned $0.66 EPS.

Las Vegas Sands Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 12th. Stockholders of record on Tuesday, August 4th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Tuesday, August 4th. Las Vegas Sands’s payout ratio is currently 46.69%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC grew its position in Las Vegas Sands by 222.7% during the 4th quarter. AQR Capital Management LLC now owns 9,098,518 shares of the casino operator’s stock worth $592,223,000 after purchasing an additional 6,279,390 shares during the last quarter. Norges Bank acquired a new stake in shares of Las Vegas Sands in the 4th quarter worth $364,892,000. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Las Vegas Sands by 410.2% in the third quarter. Arrowstreet Capital Limited Partnership now owns 5,167,553 shares of the casino operator’s stock valued at $277,963,000 after acquiring an additional 4,154,753 shares in the last quarter. M&T Bank Corp boosted its holdings in shares of Las Vegas Sands by 33,102.6% in the fourth quarter. M&T Bank Corp now owns 3,060,288 shares of the casino operator’s stock valued at $197,463,000 after acquiring an additional 3,051,071 shares in the last quarter. Finally, Amundi increased its stake in shares of Las Vegas Sands by 157.2% during the first quarter. Amundi now owns 2,864,789 shares of the casino operator’s stock worth $154,355,000 after acquiring an additional 1,750,758 shares during the period. Institutional investors and hedge funds own 39.16% of the company’s stock.

Las Vegas Sands News Summary

Here are the key news stories impacting Las Vegas Sands this week:

• Positive Sentiment: Zacks raised its Q1 2027 EPS estimate to $0.92 from $0.89 and its Q1 2028 estimate to $1.04 from $1.03, suggesting some expected improvement in early-year performance.
• Neutral Sentiment: Sands China, a key Las Vegas Sands operating subsidiary, received Great Place to Work certification, highlighting its workplace culture but offering limited direct earnings impact. Sands China Earns Great Place To Work Certification
• Neutral Sentiment: Sands China also became the first integrated tourism and leisure company to receive ISO 14001:2026 environmental-management certification, strengthening its sustainability profile but with no immediate financial guidance. Sands China ISO 14001:2026 Certification
• Neutral Sentiment: Las Vegas Sands donated $450,000 to The WASH Foundation, bringing cumulative contributions above $6.5 million. The initiative supports corporate reputation but is unlikely to materially affect near-term results. Las Vegas Sands Donates $450,000 to The WASH Foundation
• Negative Sentiment: Zacks cut its FY2026 EPS forecast to $3.09 from $3.34, FY2027 to $3.49 from $3.63, and FY2028 to $3.73 from $3.91. It also lowered several quarterly estimates, including Q3 2026, Q4 2026, Q2 2027, Q3 2027, Q4 2027 and Q2 2028.
• Negative Sentiment: The company’s most recent quarter produced $0.59 in EPS versus the $0.76 consensus estimate and $3.15 billion in revenue versus expectations of $3.31 billion. Revenue declined 0.7% year over year, reinforcing the weaker earnings outlook.

Las Vegas Sands Company Profile

Las Vegas Sands (NYSE: LVS) is a global developer and operator of integrated resorts, focused on large-scale properties that combine casino gaming with hotels, convention and exhibition facilities, retail, dining, and entertainment. The company’s operations center on developing and managing full-service resort complexes that serve both leisure and business travelers, with emphasis on convention and trade-show business in addition to gaming revenue streams.

The company’s portfolio has included prominent properties in North America and Asia, most notably The Venetian Resort in Las Vegas and Marina Bay Sands in Singapore, along with a significant presence in Macau through multiple integrated resorts.