Las Vegas Sands (LVS) Stock Price & Analysis
LVS$36.22+0.10 +0.28%
$23.46B
Market Cap
14.93
P/E
12.88
Forward P/E
66
Score
Las Vegas Sands (LVS) Stock Price & Analysis
LVS price $36.22 +0.10 +0.28%
- Ticker
- LVS
- Price
- $36.22
- Change
- +0.10 +0.28%
- Market cap ?
- $23.46B
- P/E ?
- 14.93
- Forward P/E ?
- 12.88
- Dividend yield ?
- 3.14%
- Sector
- Consumer Cyclical
- Industry
- Gambling, Resorts & Casinos
- Stocklytics score
- 66
- Value
- 79
- Quality
- 68
- Growth
- 52
Stocklytics score rationale: value 79, quality 68, growth 52.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 11271000000 | 12728000000 | 13729000000 | 12127000000 | 2940000000 | 4234000000 | 4110000000 | 10372000000 | 11298000000 | 13017000000 |
Las Vegas Sands Corporation, in conjunction with its various subsidiaries, specializes in the development, ownership, and ongoing management of comprehensive integrated resort properties across both Asian and United States markets. The company maintains a significant portfolio of establishments in Macao, People's Republic of China, including The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao…
Fair value
LVS fair value $72.43. Price $36.22. Price is 50% below fair value.
Below fair value, and cheaper than usual. A larger discount than on 93% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 1.79B. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.70% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 647.70M. Net debt 12.30B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2027-01-27 | — | 0.77 | — | 3.53B |
| 2026-10-21 | 0.54 | 0.68 | 3.22B | 3.33B |
| 2026-07-22 | 0.59 | 0.76 | 3.15B | 3.31B |
| 2026-04-22 | 0.91 | 0.76 | 3.58B | 3.36B |
| 2026-01-28 | 0.85 | 0.77 | 3.65B | 3.34B |
| 2025-10-22 | 0.78 | 0.62 | 3.33B | 3.05B |
| 2025-07-23 | 0.79 | 0.53 | 3.17B | 2.84B |
| 2025-04-23 | 0.59 | 0.57 | 2.86B | 2.88B |
| 2025-01-29 | 0.54 | 0.57 | 2.90B | 2.85B |
| 2024-10-23 | 0.44 | 0.53 | 2.68B | 2.79B |
| 2024-07-24 | 0.55 | 0.56 | 2.76B | 2.82B |
| 2024-04-17 | 0.75 | 0.62 | 2.96B | 2.94B |
| 2024-01-24 | 0.57 | 0.61 | 2.92B | 2.90B |
| 2023-10-18 | 0.55 | 0.54 | 2.79B | 2.90B |
| 2023-07-19 | 0.46 | 0.43 | 2.54B | 2.39B |
| 2023-04-19 | 0.28 | 0.17 | 2.12B | 1.80B |
| 2023-01-25 | -0.19 | -0.10 | 1.12B | 1.16B |
| 2022-10-19 | -0.27 | -0.20 | 1.00B | 941.13M |
| 2022-07-20 | -0.34 | -0.25 | 1.04B | 957.21M |
| 2022-04-27 | -0.40 | -0.24 | 943.00M | 1.13B |
| 2022-01-26 | -0.22 | -0.23 | 1.01B | 1.08B |
| 2021-10-20 | -0.45 | -0.25 | 857.00M | 795.40M |
| 2021-07-21 | -0.26 | -0.19 | 1.17B | 1.51B |
| 2021-04-21 | -0.25 | -0.27 | 1.20B | 1.41B |
| 2021-01-27 | -0.37 | -0.31 | 1.01B | 1.30B |
| 2020-10-21 | -0.67 | -0.58 | 446.00M | 370.45M |
| 2020-07-22 | -1.05 | -0.72 | 62.00M | 69.07M |
| 2020-04-22 | -0.03 | -0.08 | 1.42B | 4.75B |
| 2020-01-29 | 0.88 | 0.78 | 3.51B | 3.11B |
| 2019-10-23 | 0.75 | 0.75 | 3.25B | 3.25B |
| 2019-07-24 | 0.72 | 0.81 | 3.33B | 3.61B |
| 2019-04-17 | 0.91 | 0.87 | 3.65B | 3.49B |
| 2019-01-23 | 0.77 | 0.86 | 3.48B | 3.79B |
| 2018-10-24 | 0.77 | 0.81 | 3.37B | 3.55B |
| 2018-07-25 | 0.74 | 0.79 | 3.30B | 3.53B |
| 2018-04-25 | 1.04 | 0.86 | 3.58B | 2.93B |
| 2018-01-24 | 0.88 | 0.77 | 3.39B | 2.97B |
| 2017-10-25 | 0.77 | 0.68 | 3.16B | 2.79B |
| 2017-07-26 | 0.73 | 0.59 | 3.11B | 2.51B |
| 2017-04-26 | 0.66 | 0.62 | 3.07B | 2.88B |
Dividends
Yield 3.18%. Payout ratio 34.41%. Frequency Quarterly.
Safety score 93/100 · Safe. Payout ratio is 34% of earnings. Dividends use a moderate share of free cash flow. Dividends were paid in 13 separate years. Yield is 3.2%, in a range that is usually sustainable.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-11-02 | $0.30 | 2026-11-02 | 2026-11-10 | Quarterly |
| 2026-08-04 | $0.30 | 2026-08-04 | 2026-08-12 | Quarterly |
| 2026-05-05 | $0.30 | 2026-05-05 | 2026-05-13 | Quarterly |
| 2026-02-09 | $0.30 | 2026-02-09 | 2026-02-18 | Quarterly |
| 2025-11-04 | $0.25 | 2025-11-04 | 2025-11-12 | Quarterly |
| 2025-08-05 | $0.25 | 2025-08-05 | 2025-08-13 | Quarterly |
| 2025-05-06 | $0.25 | 2025-05-06 | 2025-05-14 | Quarterly |
| 2025-02-10 | $0.25 | 2025-02-10 | 2025-02-19 | Quarterly |
| 2024-11-05 | $0.20 | 2024-11-05 | 2024-11-13 | Quarterly |
| 2024-08-06 | $0.20 | 2024-08-06 | 2024-08-14 | Quarterly |
| 2024-05-06 | $0.20 | 2024-05-07 | 2024-05-15 | Quarterly |
| 2024-02-05 | $0.20 | 2024-02-06 | 2024-02-14 | Quarterly |
| 2023-11-06 | $0.20 | 2023-11-07 | 2023-11-15 | Semi-Annual |
| 2023-08-07 | $0.20 | 2023-08-08 | 2023-08-16 | Semi-Annual |
| 2020-03-17 | $0.79 | 2020-03-18 | 2020-03-26 | Annual |
| 2019-12-16 | $0.77 | 2019-12-17 | 2019-12-26 | Quarterly |
| 2019-09-17 | $0.77 | 2019-09-18 | 2019-09-26 | Quarterly |
| 2019-06-18 | $0.77 | 2019-06-19 | 2019-06-27 | Quarterly |
| 2019-03-19 | $0.77 | 2019-03-20 | 2019-03-28 | Quarterly |
| 2018-12-17 | $0.75 | 2018-12-18 | 2018-12-27 | Quarterly |
| 2018-09-18 | $0.75 | 2018-09-19 | 2018-09-27 | Quarterly |
| 2018-06-19 | $0.75 | 2018-06-20 | 2018-06-28 | Quarterly |
| 2018-03-21 | $0.75 | 2018-03-22 | 2018-03-30 | Quarterly |
| 2017-12-20 | $0.73 | 2017-12-21 | 2017-12-29 | Quarterly |
| 2017-09-20 | $0.73 | 2017-09-21 | 2017-09-29 | Quarterly |
| 2017-06-20 | $0.73 | 2017-06-22 | 2017-06-30 | Quarterly |
| 2017-03-21 | $0.73 | 2017-03-23 | 2017-03-31 | Quarterly |
| 2016-12-19 | $0.72 | 2016-12-21 | 2016-12-30 | Quarterly |
| 2016-09-20 | $0.72 | 2016-09-22 | 2016-09-30 | Quarterly |
| 2016-06-20 | $0.72 | 2016-06-22 | 2016-06-30 | Quarterly |
| 2016-03-18 | $0.72 | 2016-03-22 | 2016-03-31 | Quarterly |
| 2015-12-18 | $0.65 | 2015-12-22 | 2015-12-31 | Quarterly |
| 2015-09-18 | $0.65 | 2015-09-22 | 2015-09-30 | Quarterly |
| 2015-06-18 | $0.65 | 2015-06-22 | 2015-06-30 | Quarterly |
| 2015-03-19 | $0.65 | 2015-03-23 | 2015-03-31 | Quarterly |
| 2014-12-16 | $0.50 | 2014-12-18 | 2014-12-29 | Quarterly |
| 2014-09-18 | $0.50 | 2014-09-22 | 2014-09-30 | Quarterly |
| 2014-06-18 | $0.50 | 2014-06-20 | 2014-06-30 | Quarterly |
| 2014-03-19 | $0.50 | 2014-03-21 | 2014-03-31 | Quarterly |
| 2013-12-18 | $0.35 | 2013-12-20 | 2013-12-31 | Quarterly |
| 2013-09-18 | $0.35 | 2013-09-20 | 2013-09-30 | Quarterly |
| 2013-06-18 | $0.35 | 2013-06-20 | 2013-06-28 | Quarterly |
| 2013-03-19 | $0.35 | 2013-03-21 | 2013-03-29 | Quarterly |
| 2012-12-18 | $0.25 | 2012-12-20 | 2012-12-28 | Quarterly |
| 2012-12-06 | $2.75 | 2012-12-10 | 2012-12-18 | Special |
| 2012-09-18 | $0.25 | 2012-09-20 | 2012-09-28 | Quarterly |
| 2012-06-18 | $0.25 | 2012-06-20 | 2012-06-29 | Quarterly |
| 2012-03-16 | $0.25 | 2012-03-20 | 2012-03-30 | Quarterly |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-08-31 | Adelson Miriam | Sell | 1.08M | — | — |
| 2026-06-16 | Adelson Miriam | Buy | 43.86M | — | — |
| 2026-06-16 | Adelson Miriam | Buy | 43.86M | — | — |
| 2026-06-16 | Adelson Miriam | Sell | 87.72M | — | — |
| 2026-05-14 | Pant Muktesh | Buy | 3.95K | — | — |
| 2026-05-14 | Besca Mark | Buy | 3.95K | — | — |
| 2026-05-14 | Chafetz Irwin | Buy | 3.95K | — | — |
| 2026-05-14 | Li Alain | Buy | 3.95K | — | — |
| 2026-05-14 | Kramer Lewis | Buy | 3.95K | — | — |
| 2026-05-14 | Forman Charles D | Buy | 3.95K | — | — |
| 2026-05-14 | Chau Micheline | Buy | 3.95K | — | — |
| 2026-04-27 | Forman Charles D | Sell | 11.40K | $54.09 | 616.63K |
| 2026-04-27 | Dumont Patrick | Buy | 167.08K | — | — |
| 2026-04-27 | Hudson D. Zachary | Buy | 62.68K | — | — |
| 2026-04-27 | Hyzak Randy | Buy | 31.11K | — | — |
| 2026-03-17 | Dumont Patrick | Buy | 61.74K | $52.53 | 3.24M |
| 2026-03-17 | Dumont Patrick | Sell | 60.16K | $54.75 | 3.29M |
| 2026-03-17 | Dumont Patrick | Sell | 61.74K | $52.53 | 3.24M |
| 2026-03-01 | Goldstein Robert G | Buy | 189.25K | — | — |
| 2026-03-01 | Goldstein Robert G | Buy | 132.31K | — | — |
| 2026-03-01 | Goldstein Robert G | Buy | 75.64K | — | — |
| 2026-03-01 | Goldstein Robert G | Sell | 189.25K | — | — |
| 2026-02-06 | Goldstein Robert G | Buy | 65.17K | — | — |
| 2026-02-06 | Goldstein Robert G | Sell | 65.17K | — | — |
| 2026-02-05 | Goldstein Robert G | Buy | 130.69K | — | — |
| 2026-02-05 | Goldstein Robert G | Sell | 130.69K | — | — |
| 2026-02-03 | Goldstein Robert G | Buy | 65.17K | — | — |
| 2026-02-03 | Goldstein Robert G | Sell | 65.17K | — | — |
| 2026-02-03 | Dumont Patrick | Buy | 33.42K | — | — |
| 2026-02-03 | Dumont Patrick | Sell | 13.15K | $56.94 | 748.82K |
| 2026-02-03 | Dumont Patrick | Sell | 33.42K | — | — |
| 2026-02-03 | Hudson D. Zachary | Buy | 17.38K | — | — |
| 2026-02-03 | Hudson D. Zachary | Sell | 17.38K | — | — |
| 2026-02-03 | Hyzak Randy | Buy | 14.04K | — | — |
| 2026-02-03 | Hyzak Randy | Sell | 14.04K | — | — |
| 2026-02-02 | Goldstein Robert G | Buy | 189.25K | — | — |
| 2026-02-02 | Dumont Patrick | Buy | 97.05K | — | — |
| 2026-02-02 | Hudson D. Zachary | Buy | 50.47K | — | — |
| 2026-02-02 | Hyzak Randy | Buy | 40.76K | — | — |
| 2026-01-30 | Goldstein Robert G | Buy | 57.27K | — | — |
| 2026-01-30 | Goldstein Robert G | Sell | 57.27K | — | — |
| 2026-01-30 | Dumont Patrick | Buy | 29.37K | — | — |
| 2026-01-30 | Dumont Patrick | Sell | 11.56K | $52.73 | 609.45K |
| 2026-01-30 | Dumont Patrick | Sell | 29.37K | — | — |
| 2026-01-30 | Hudson D. Zachary | Buy | 8.08K | — | — |
| 2026-01-30 | Hudson D. Zachary | Sell | 1.97K | $52.73 | 103.72K |
| 2026-01-30 | Hudson D. Zachary | Sell | 8.08K | — | — |
| 2026-01-30 | Hyzak Randy | Buy | 8.81K | — | — |
| 2026-01-30 | Hyzak Randy | Sell | 8.81K | — | — |
| 2026-01-29 | Goldstein Robert G | Sell | 73.42K | — | — |
| 2026-01-29 | Goldstein Robert G | Buy | 73.42K | — | — |
| 2026-01-29 | Dumont Patrick | Buy | 37.65K | — | — |
| 2026-01-29 | Dumont Patrick | Sell | 11.97K | $52.71 | 630.94K |
| 2026-01-29 | Dumont Patrick | Sell | 37.65K | — | — |
| 2026-01-29 | Hudson D. Zachary | Buy | 10.35K | — | — |
| 2026-01-29 | Hudson D. Zachary | Sell | 2.55K | $52.71 | 134.57K |
| 2026-01-29 | Hudson D. Zachary | Sell | 10.35K | — | — |
| 2026-01-29 | Hyzak Randy | Buy | 11.29K | — | — |
| 2026-01-29 | Hyzak Randy | Sell | 11.29K | — | — |
| 2025-12-17 | Goldstein Robert G | Buy | 1.20M | $50.33 | 60.33M |
| 2025-12-17 | Goldstein Robert G | Sell | 1.19M | $66.67 | 79.21M |
| 2025-12-17 | Goldstein Robert G | Sell | 1.20M | $50.33 | 60.33M |
| 2025-12-17 | Goldstein Robert G | Sell | 10.54K | $67.44 | 710.62K |
| 2025-12-16 | Goldstein Robert G | Sell | 51.35K | $50.33 | 2.58M |
| 2025-12-16 | Goldstein Robert G | Buy | 51.35K | $50.33 | 2.58M |
| 2025-12-16 | Goldstein Robert G | Sell | 51.35K | $67.58 | 3.47M |
| 2025-12-16 | Adelson Miriam | Buy | 77.99K | $40.87 | 3.19M |
| 2025-12-16 | Adelson Miriam | Sell | 77.99K | $67.56 | 5.27M |
| 2025-12-16 | Adelson Miriam | Sell | 2.32M | — | — |
| 2025-12-16 | Adelson Miriam | Sell | 77.99K | $40.87 | 3.19M |
| 2025-12-15 | Goldstein Robert G | Sell | 734.51K | $50.33 | 36.97M |
| 2025-12-15 | Goldstein Robert G | Buy | 734.51K | $50.33 | 36.97M |
| 2025-12-15 | Goldstein Robert G | Sell | 732.19K | $66.80 | 48.91M |
| 2025-12-15 | Goldstein Robert G | Sell | 2.33K | $67.28 | 156.43K |
| 2025-12-12 | Goldstein Robert G | Sell | 15.49K | $50.33 | 779.56K |
| 2025-12-12 | Goldstein Robert G | Buy | 15.49K | $50.33 | 779.56K |
| 2025-12-12 | Goldstein Robert G | Sell | 15.49K | $66.24 | 1.03M |
| 2025-12-11 | Goldstein Robert G | Sell | 382.90K | $50.33 | 19.27M |
| 2025-12-11 | Goldstein Robert G | Buy | 382.90K | $50.33 | 19.27M |
| 2025-12-11 | Goldstein Robert G | Sell | 382.81K | $66.39 | 25.41M |
| 2025-12-11 | Goldstein Robert G | Sell | 100 | $67.00 | 6.70K |
| 2025-12-10 | Goldstein Robert G | Sell | 17.09K | $50.33 | 860.39K |
| 2025-12-10 | Goldstein Robert G | Buy | 17.09K | $50.33 | 860.39K |
| 2025-12-10 | Goldstein Robert G | Sell | 17.09K | $67.03 | 1.15M |
| 2025-12-03 | Dumont Patrick | Buy | 135.60K | $52.53 | 7.12M |
| 2025-12-03 | Dumont Patrick | Sell | 81.89K | $67.66 | 5.54M |
| 2025-12-03 | Dumont Patrick | Sell | 53.71K | $68.43 | 3.68M |
| 2025-12-03 | Dumont Patrick | Sell | 135.60K | $52.53 | 7.12M |
| 2025-12-02 | Dumont Patrick | Buy | 17.35K | $52.53 | 911.50K |
| 2025-12-02 | Dumont Patrick | Sell | 17.35K | $68.97 | 1.20M |
| 2025-12-02 | Dumont Patrick | Sell | 17.35K | $52.53 | 911.50K |
| 2025-12-01 | Goldstein Robert G | Sell | 100.00K | $50.33 | 5.03M |
| 2025-12-01 | Goldstein Robert G | Buy | 100.00K | $50.33 | 5.03M |
| 2025-12-01 | Goldstein Robert G | Sell | 100.00K | $70.17 | 7.02M |
| 2025-12-01 | Dumont Patrick | Buy | 210.31K | $52.53 | 11.05M |
| 2025-12-01 | Dumont Patrick | Sell | 210.31K | $69.96 | 14.71M |
| 2025-12-01 | Dumont Patrick | Sell | 210.31K | $52.53 | 11.05M |
| 2025-12-01 | Hudson D. Zachary | Sell | 53.26K | $57.76 | 3.08M |
| 2025-12-01 | Hudson D. Zachary | Buy | 53.26K | $57.76 | 3.08M |
| 2025-12-01 | Hudson D. Zachary | Sell | 53.26K | $70.37 | 3.75M |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 754, holders -61 vs prior quarter. Ownership 41.12%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 24.84M | -1.32M | -5.04% | 1.15B |
| VANGUARD CAPITAL MANAGEMENT LLC | 19.45M | -192.33K | -0.98% | 898.21M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 18.65M | 261.45K | +1.42% | 861.24M |
| STATE STREET CORP | 15.16M | 919.45K | +6.46% | 700.22M |
| PRICE T ROWE ASSOCIATES INC /MD/ | 11.18M | 844.25K | +8.16% | 516.61M |
| D. E. SHAW & CO., INC. | 9.05M | 514.72K | +6.03% | 418.12M |
| INVESCO LTD. | 8.85M | 1.44M | +19.37% | 408.84M |
| GEODE CAPITAL MANAGEMENT, LLC | 8.20M | -249.96K | -2.96% | 377.52M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 7.38M | -1.20M | -13.96% | 341.09M |
| BANK OF NEW YORK MELLON CORP | 6.61M | -252.18K | -3.67% | 305.50M |
| AQR CAPITAL MANAGEMENT LLC | 5.80M | -1.75M | -23.14% | 267.51M |
| ALLIANZ ASSET MANAGEMENT GMBH | 4.62M | 1.24M | +36.92% | 213.27M |
| MORGAN STANLEY | 3.90M | -88.55K | -2.22% | 180.32M |
| DIMENSIONAL FUND ADVISORS LP | 3.84M | 60.20K | +1.59% | 177.40M |
| JACOBS LEVY EQUITY MANAGEMENT, INC | 3.79M | 1.07M | +39.17% | 174.90M |
| BAMCO INC /NY/ | 3.78M | 2.56M | +208.56% | 174.80M |
| NORGES BANK | 3.74M | 3.74M | New | 172.67M |
| AMUNDI | 3.28M | 416.74K | +14.55% | 151.57M |
| AMERIPRISE FINANCIAL INC | 3.25M | 1.76M | +118.40% | 149.98M |
| NORTHERN TRUST CORP | 3.17M | 328.67K | +11.56% | 146.52M |
| TWO SIGMA INVESTMENTS, LP | 3.05M | -1.12M | -26.79% | 141.07M |
| PACER ADVISORS, INC. | 2.62M | 2.62M | New | 121.03M |
| ROYAL BANK OF CANADA | 2.54M | 801.54K | +45.98% | 117.54M |
| GOLDMAN SACHS GROUP INC | 2.47M | 696.97K | +39.38% | 113.94M |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 2.33M | -712.36K | -23.45% | 107.41M |
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