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Las Vegas Sands CorpNYSE: LVS

Consumer Discretionary · Casinos & Gaming

$48.64

+1.05%

Vol: 2.8M

Research Digest

Friday, June 19, 2026

Neutral

No significant overnight updates

No material news in the last 48 hours.

Price 50d 200d

Previous Market Intelligence

13 days
Jun 18No significant overnight updatesNeutral

No material news in the last 48 hours.

Jun 17No significant overnight updatesNeutral

No material news in the last 48 hours.

Jun 16No significant overnight updatesNeutral

No material news in the last 48 hours.

Jun 15No significant overnight updatesNeutral

No material news in the last 48 hours.

Jun 14No significant overnight updatesNeutral

No material news in the last 48 hours.

May 21Las Vegas Sands completes $1B senior notes; Dallas tech office for Texas pushNeutral

Completed $1B senior notes offering on May 13 ($500M 5.300% due 2031 + $500M 5.650% due 2033). Opening IT office in Plano, Texas — job descriptions reference casino management system design, signaling Texas gaming legalization push by Adelson family. Continued on Dow Jones Best-in-Class World and North America 2026 indices. Paid $0.30/share dividend May 13. Macao Community Revitalization Programme 2.0 launched. Analyst avg PT $68.28.

May 20No significant overnight updatesNeutral

No material news in the last 48 hours.

May 19No significant overnight updatesNeutral

No material news in the last 48 hours.

May 18Las Vegas Sands prices $1 billion senior notes offering to refinance 2026 maturities; Macao NGO joins Sands Cares Accelerator.Positive

Las Vegas Sands completed an underwritten public offering on May 13 of $500 million of 5.300% Senior Notes due 2031 and $500 million of 5.650% Senior Notes due 2033, with proceeds intended to redeem in full the $1.0 billion of 3.500% Senior Notes due August 2026. On May 14, Macao NGO Sustaincia joined the Sands Cares Accelerator three-year membership program for community impact. The company has been hiring software developers in Dallas amid debate over future Texas casino gaming legalization, establishing a North Texas office to centralize software development. Las Vegas Sands has been recognized on the Dow Jones Best-in-Class World and North America 2026 indices. Zacks Research lifted FY2026 earnings estimates on May 6. The stock traded $50.25-$51.23 on May 18 with a Moderate Buy consensus and $69.25 mean price target.

May 15Las Vegas Sands completed a $1B senior notes offering on May 13 to refinance 2026 maturities, and gained investor attention May 14 on plans to open a Plano, Texas IT office expanding US footprint.Positive

LVS posted Q1 2026 adjusted EPS of $0.91 (vs $0.76 consensus) on revenue of $3.59B (up 25.3% YoY), with net income of $567M up 61% YoY. On May 13 the company completed a $1B underwritten public debt offering: $500M of 5.300% senior notes due 2031 and $500M of 5.650% senior notes due 2033, with proceeds funding redemption of the $1.0B 3.500% notes maturing August 2026. On May 14 local reporting surfaced plans for an IT office in Plano, Texas, deepening US presence beyond Asia and Las Vegas resort operations. Analyst consensus is Buy across 13-25 firms with an average price target of $69-$71. Risk: rising Macao gaming capacity and slower industry gaming growth in 2H26 keep margin pressure elevated.

May 14Las Vegas Sands prices $1B senior notes on May 13 to refinance August 2026 debt after Q1 EPS beat of $0.91 vs $0.76 estimate.Positive

Las Vegas Sands completed a $1B underwritten public offering on May 13, 2026, comprising $500M of 5.300% Senior Notes due 2031 and $500M of 5.650% Senior Notes due 2033. Proceeds plus cash on hand will redeem $1B of 3.500% Senior Notes due August 2026 and cover general corporate purposes. Q1 2026 adjusted EPS was $0.91, beating the $0.76 estimate, with revenue of $3.59B vs $3.32B expected (up 25.3% YoY). LVS paid a $0.30 per share dividend (~$199M) on May 13 to holders of record May 5. The company is also building out a Dallas office and hiring for technical roles amid the Texas casino legalization debate. Shares traded around $51.15 on May 13.

May 13Las Vegas Sands is hiring 'casino management' developers in Dallas amid an aggressive push to legalize Texas gambling, while priced into Zacks' raised FY2026 EPS estimate of $3.34.Positive

Las Vegas Sands posted job listings in North Texas referencing the design and implementation of a casino management system, signaling deeper preparation for a potential Texas market entry as Miriam Adelson has spent roughly $29 million on Texas political activity to legalize casino gaming. Zacks Research lifted its FY2026 EPS estimate for LVS to $3.34 per share. The stock traded around $51.70 on May 13 within a $51.53-$52.77 day range, against a consensus Moderate Buy rating and a $69.25 mean price target implying meaningful upside. The company also paid a $0.30/share quarterly dividend (~$199 million) on May 13. LVS was reaffirmed on the Dow Jones Best-in-Class World and North America 2026 indices, where it has stayed since 2020.

May 12Las Vegas Sands pricing $1B senior notes (5.30% 2031 + 5.65% 2033) closing May 13 as Texas tech hiring continues amid casino debateMixed

Las Vegas Sands is selling $500M of 5.300% Senior Notes due 2031 and $500M of 5.650% Senior Notes due 2033, with closing expected around May 13, 2026. The dual-tranche issue refinances debt with attractive coupons. The next quarterly $0.30 dividend pays May 13 to record-date holders May 5. LVS continues hiring tech workers in Dallas as it positions for a potential Texas casino market despite political uncertainty. Q1 2026 results were strong with adjusted EPS of $0.91 (beating $0.76 by $0.15) and revenue up 25.3% YoY to $3.59B. Despite the beat, the stock is down 18.4% YTD on Macao margin pressure concerns. Mizuho raised its target to $67 from $65 (Outperform). LVS was added to Dow Jones Best-in-Class indices for ESG. Crossmark Global Holdings boosted its stake 411.5%.

Sector Peers

CompanyPriceDay1MFwd P/EBetaMkt Cap
LVSLAS$48.64+1.05%-0.3%12.7x0.82$31.1B
MGMMGM$46.91-0.07%-4.3%20.3x1.29$12.1B
WYNNWYNN$105.68+3.29%-4.5%17.8x0.99$10.0B
AMZNAMAZON.COM$244.58+2.98%+4.3%24.5x1.46$2.61T
TSLATESLA$401.07+1.18%+3.6%154.5x1.80$1.48T
HDHOME$334.97+2.29%+2.6%22.2x0.95$356.9B

Key Fundamentals

Market Cap$31.1B
P/E (TTM)17.3
Forward P/E12.7
Beta0.82
Div Yield234.00%
Prev Close$48.13

RSI (14-Day)

36Neutral
0305070100

52-Week Range

$45.62$48.64$70.45
From High-31.0%
From Low+6.6%

Moving Averages

50d SMA
$51.91-6.3%
200d SMA
$56.54-14.0%

Price below 200d MA — bearish structure.

Historical Returns

1W
+5.1%
1M
-6.6%
3M
-11.8%
6M
-28.6%
1Y
+17.1%
YTD
-25.0%

Volume

Today2.8M
20d Avg4.2M
Ratio0.66x