Zacks Research Predicts Las Vegas Sands FY2026 Earnings

Las Vegas Sands Corp. (NYSE:LVS) – Equities researchers at Zacks Research lifted their FY2026 earnings estimates for Las Vegas Sands in a note issued to investors on Wednesday, May 6th. Zacks Research analyst Team now anticipates that the casino operator will earn $3.34 per share for the year, up from their previous estimate of $3.08. The consensus estimate for Las Vegas Sands’ current full-year earnings is $3.35 per share. Zacks Research also issued estimates for Las Vegas Sands’ Q1 2028 earnings at $1.03 EPS.

A number of other research analysts have also recently commented on the stock. Citigroup upped their price target on shares of Las Vegas Sands from $76.75 to $78.50 and gave the stock a “buy” rating in a report on Monday, April 13th. Wall Street Zen cut Las Vegas Sands from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 14th. Argus dropped their price objective on Las Vegas Sands from $80.00 to $60.00 and set a “buy” rating on the stock in a research note on Friday, January 30th. Deutsche Bank Aktiengesellschaft dropped their price objective on Las Vegas Sands from $77.00 to $73.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. Finally, Barclays increased their price objective on Las Vegas Sands from $64.00 to $65.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Eleven equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, Las Vegas Sands currently has an average rating of “Moderate Buy” and an average price target of $68.28.

Las Vegas Sands Trading Up 1.1%

NYSE LVS opened at $53.80 on Friday. The company’s 50-day moving average price is $54.47 and its 200-day moving average price is $59.24. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 8.64. The stock has a market cap of $35.65 billion, a PE ratio of 19.93, a PEG ratio of 1.22 and a beta of 0.85. Las Vegas Sands has a 12 month low of $39.29 and a 12 month high of $70.45.

Las Vegas Sands (NYSE:LVS) last announced its earnings results on Wednesday, April 22nd. The casino operator reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.15. Las Vegas Sands had a net margin of 13.41% and a return on equity of 118.27%. The business had revenue of $3.59 billion for the quarter, compared to the consensus estimate of $3.32 billion. During the same quarter in the prior year, the firm posted $0.59 earnings per share. The business’s revenue for the quarter was up 25.3% on a year-over-year basis.

Las Vegas Sands Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 13th. Investors of record on Tuesday, May 5th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, May 5th. Las Vegas Sands’s dividend payout ratio is currently 44.44%.

Insider Transactions at Las Vegas Sands

In related news, CEO Patrick Dumont sold 60,165 shares of the company’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $54.75, for a total transaction of $3,294,033.75. Following the transaction, the chief executive officer directly owned 511,942 shares of the company’s stock, valued at $28,028,824.50. This represents a 10.52% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.55% of the stock is owned by corporate insiders.

Institutional Trading of Las Vegas Sands

A number of institutional investors have recently bought and sold shares of the stock. Grove Bank & Trust acquired a new position in Las Vegas Sands during the 4th quarter valued at approximately $26,000. International Assets Investment Management LLC purchased a new position in shares of Las Vegas Sands in the fourth quarter worth $26,000. Westside Investment Management Inc. lifted its stake in shares of Las Vegas Sands by 48.0% during the third quarter. Westside Investment Management Inc. now owns 512 shares of the casino operator’s stock worth $28,000 after buying an additional 166 shares during the period. DV Equities LLC acquired a new stake in shares of Las Vegas Sands during the fourth quarter worth $28,000. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA purchased a new stake in shares of Las Vegas Sands during the fourth quarter valued at $29,000. 39.16% of the stock is currently owned by institutional investors and hedge funds.

Las Vegas Sands News Summary

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

• Positive Sentiment: Zacks Research materially boosted near‑ and medium‑term EPS forecasts across multiple quarters and fiscal years — including Q1 2028 to $1.03 (from $0.80), FY2026 to $3.34 (from $3.08), FY2027 to $3.63 and FY2028 to $3.91 — signaling stronger expected cash flows and driving buy interest.
• Positive Sentiment: Sands China (a LVS subsidiary) again qualified for Dow Jones Best‑in‑Class indices, which supports the company’s ESG credentials and can attract index/ESG‑focused flows. PR Newswire: Dow Jones Best-in-Class
• Neutral Sentiment: Coverage pieces note Wall Street remains cautiously optimistic overall — positive momentum but with some analyst restraint. This tones down runaway euphoria and suggests gains are driven by revisions rather than a consensus upgrade to a much higher valuation. Barchart: Analyst Sentiment
• Negative Sentiment: Management announced a $1 billion senior notes offering, which increases near‑term debt load and could pressure credit metrics (LVS already shows high debt-to-equity), creating some investor concern about leverage and interest costs. Globe and Mail: Senior Notes Offering

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.