Las Vegas Sands（LVS *）株式概要Las Vegas Sands Corp.はその子会社とともに、マカオとシンガポールで統合型リゾートを所有、開発、運営しています。 詳細LVS * ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長2/6過去の実績4/6財務の健全性2/6配当金3/6報酬株価収益率（ 16.6 x）は、 Hospitality業界平均（ 18.2 x）を下回っています。収益は年間9.03%増加すると予測されています 過去1年間で収益は41.3%増加しました アナリストらは、株価が48.1%上昇するだろうとほぼ一致している。 リスク分析過去3か月間に大規模なインサイダー売却が発生 多額の負債を抱えている 不安定な配当実績 すべてのリスクチェックを見るLVS * Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW484,853 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG484,853 investors already sharing narrativesYour Fair ValueMex$Current PriceMex$811.9036.7% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-2b17b2016201920222025202620282031Revenue US$17.0bEarnings US$2.3bAdvancedSet Fair ValueView all narrativesLas Vegas Sands Corp. 競合他社Aristocrat LeisureSymbol: ASX:ALLMarket cap: AU$37.3bAlsea. deSymbol: BMV:ALSEA *Market cap: Mex$35.5bGalaxy Entertainment GroupSymbol: SEHK:27Market cap: HK$138.2bSands ChinaSymbol: SEHK:1928Market cap: HK$109.6b価格と性能株価の高値、安値、推移の概要Las Vegas Sands過去の株価現在の株価US$811.9052週高値US$1,269.9252週安値US$800.00ベータ0.821ヶ月の変化-7.63%3ヶ月変化-14.81%1年変化-9.43%3年間の変化-18.93%5年間の変化-18.16%IPOからの変化644.86%最新ニュースRecent Insider Transactions • May 01Director recently sold Mex$11m worth of stockOn the 27th of April, Charles Forman sold around 11k shares on-market at roughly Mex$940 per share. This transaction amounted to 6.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$79m more than they bought in the last 12 months.Declared Dividend • Apr 27First quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 5th May 2026 Payment date: 13th May 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 23First quarter 2026 earnings released: EPS: US$0.85 (vs US$0.49 in 1Q 2025)First quarter 2026 results: EPS: US$0.85 (up from US$0.49 in 1Q 2025). Revenue: US$3.59b (up 25% from 1Q 2025). Net income: US$567.0m (up 61% from 1Q 2025). Profit margin: 16% (up from 12% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Apr 16Las Vegas Sands Corp. to Report Q1, 2026 Results on Apr 22, 2026Las Vegas Sands Corp. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 22, 2026お知らせ • Apr 02Las Vegas Sands Corp., Annual General Meeting, May 14, 2026Las Vegas Sands Corp., Annual General Meeting, May 14, 2026.お知らせ • Feb 13+ 1 more updateLas Vegas Sands Corp. Announces Board ChangesLas Vegas Sands announced on February 13, 2026 that Patrick Dumont will become the company's chairman, effective March 1, 2026. Mr. Dumont will succeed Robert G. Goldstein, who becomes a senior advisor to the company through March 2028. In connection with this transition, on February 12, 2026, the Board of Directors of the Company appointed Patrick Dumont, President and Chief Operating Officer of the Company, as Chairman, President and Treasurer of the Company, effective March 1, 2026. Sands' board of directors had previously indicated Mr. Dumont would be the likely successor to Mr. Goldstein. Mr. Dumont was also appointed chairman of Sands China Ltd., the company's Hong Kong-listed subsidiary. Mr. Dumont was appointed president and chief operating officer of Sands in January 2021 and has been a member of the board of directors since 2017. He joined the company in 2010 and has focused on creating long-term growth for the business and its stakeholders in roles with responsibility for operations, properties and capital allocation strategy. Mr. Dumont has more than 25 years of experience in management, development, operations and corporate finance. Under his leadership, Sands has undertaken transformative investment programs in Macao and Singapore to elevate its product offerings, enhance customer experience and increase long-term earnings potential. He is responsible for the company's new development in Singapore, an $8 billion ultra-luxury project that broke ground in July 2025. Mr. Dumont received an MBA from Columbia Business School and a Bachelor of Science in mechanical engineering from Johns Hopkins University.最新情報をもっと見るRecent updatesRecent Insider Transactions • May 01Director recently sold Mex$11m worth of stockOn the 27th of April, Charles Forman sold around 11k shares on-market at roughly Mex$940 per share. This transaction amounted to 6.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$79m more than they bought in the last 12 months.Declared Dividend • Apr 27First quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 5th May 2026 Payment date: 13th May 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 23First quarter 2026 earnings released: EPS: US$0.85 (vs US$0.49 in 1Q 2025)First quarter 2026 results: EPS: US$0.85 (up from US$0.49 in 1Q 2025). Revenue: US$3.59b (up 25% from 1Q 2025). Net income: US$567.0m (up 61% from 1Q 2025). Profit margin: 16% (up from 12% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Apr 16Las Vegas Sands Corp. to Report Q1, 2026 Results on Apr 22, 2026Las Vegas Sands Corp. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 22, 2026お知らせ • Apr 02Las Vegas Sands Corp., Annual General Meeting, May 14, 2026Las Vegas Sands Corp., Annual General Meeting, May 14, 2026.お知らせ • Feb 13+ 1 more updateLas Vegas Sands Corp. Announces Board ChangesLas Vegas Sands announced on February 13, 2026 that Patrick Dumont will become the company's chairman, effective March 1, 2026. Mr. Dumont will succeed Robert G. Goldstein, who becomes a senior advisor to the company through March 2028. In connection with this transition, on February 12, 2026, the Board of Directors of the Company appointed Patrick Dumont, President and Chief Operating Officer of the Company, as Chairman, President and Treasurer of the Company, effective March 1, 2026. Sands' board of directors had previously indicated Mr. Dumont would be the likely successor to Mr. Goldstein. Mr. Dumont was also appointed chairman of Sands China Ltd., the company's Hong Kong-listed subsidiary. Mr. Dumont was appointed president and chief operating officer of Sands in January 2021 and has been a member of the board of directors since 2017. He joined the company in 2010 and has focused on creating long-term growth for the business and its stakeholders in roles with responsibility for operations, properties and capital allocation strategy. Mr. Dumont has more than 25 years of experience in management, development, operations and corporate finance. Under his leadership, Sands has undertaken transformative investment programs in Macao and Singapore to elevate its product offerings, enhance customer experience and increase long-term earnings potential. He is responsible for the company's new development in Singapore, an $8 billion ultra-luxury project that broke ground in July 2025. Mr. Dumont received an MBA from Columbia Business School and a Bachelor of Science in mechanical engineering from Johns Hopkins University.Declared Dividend • Feb 02Fourth quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 9th February 2026 Payment date: 18th February 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • Jan 30New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Shares are highly illiquid. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (Mex$38m sold).お知らせ • Jan 30Las Vegas Sands Corp. announces Quarterly dividend, payable on February 18, 2026Las Vegas Sands Corp. announced Quarterly dividend of USD 0.3000 per share payable on February 18, 2026, ex-date on February 09, 2026 and record date on February 09, 2026.Reported Earnings • Jan 30Full year 2025 earnings released: EPS: US$2.36 (vs US$1.97 in FY 2024)Full year 2025 results: EPS: US$2.36 (up from US$1.97 in FY 2024). Revenue: US$13.0b (up 15% from FY 2024). Net income: US$1.63b (up 13% from FY 2024). Profit margin: 13% (in line with FY 2024). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Jan 22Las Vegas Sands Corp. to Report Q4, 2025 Results on Jan 28, 2026Las Vegas Sands Corp. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Jan 28, 2026Recent Insider Transactions • Dec 04Director recently sold Mex$38m worth of stockOn the 1st of December, Irwin Chafetz sold around 30k shares on-market at roughly Mex$1,275 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$48m more than they bought in the last 12 months.Declared Dividend • Oct 27Third quarter dividend of US$0.25 announcedShareholders will receive a dividend of US$0.25. Ex-date: 4th November 2025 Payment date: 12th November 2025 Dividend yield will be 1.4%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 70% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Oct 23Third quarter 2025 earnings released: EPS: US$0.61 (vs US$0.38 in 3Q 2024)Third quarter 2025 results: EPS: US$0.61 (up from US$0.38 in 3Q 2024). Revenue: US$3.33b (up 24% from 3Q 2024). Net income: US$419.0m (up 52% from 3Q 2024). Profit margin: 13% (up from 10% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 23+ 1 more updateLas Vegas Sands Corp. Provides Annual Dividend Guidance on Recurring Common Stock for the 2026 Calendar YearThe Board of Directors of Las Vegas Sands Corp. announced a $0.20 Increase in company's Recurring Common Stock Dividend for the 2026 Calendar Year, Raising the Annual Dividend to $1.20 per Share ($0.30 per Share per Quarter).お知らせ • Oct 16Las Vegas Sands Corp. to Report Q3, 2025 Results on Oct 22, 2025Las Vegas Sands Corp. announced that they will report Q3, 2025 results After-Market on Oct 22, 2025Recent Insider Transactions • Sep 19Director recently sold Mex$20m worth of stockOn the 10th of September, Charles Forman sold around 20k shares on-market at roughly Mex$1,006 per share. This transaction amounted to 9.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$255m more than they bought in the last 12 months.Recent Insider Transactions • Sep 12Director recently sold Mex$20m worth of stockOn the 10th of September, Charles Forman sold around 20k shares on-market at roughly Mex$1,006 per share. This transaction amounted to 9.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$255m more than they bought in the last 12 months.Recent Insider Transactions • Aug 09Director recently sold Mex$9.8m worth of stockOn the 6th of August, Charles Forman sold around 10k shares on-market at roughly Mex$979 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$235m more than they bought in the last 12 months.お知らせ • Jul 25Las Vegas Sands Corp. announces Quarterly dividend, payable on August 13, 2025Las Vegas Sands Corp. announced Quarterly dividend of USD 0.2500 per share payable on August 13, 2025, ex-date on August 05, 2025 and record date on August 05, 2025.Reported Earnings • Jul 24Second quarter 2025 earnings released: EPS: US$0.66 (vs US$0.48 in 2Q 2024)Second quarter 2025 results: EPS: US$0.66 (up from US$0.48 in 2Q 2024). Revenue: US$3.18b (up 15% from 2Q 2024). Net income: US$461.0m (up 31% from 2Q 2024). Profit margin: 14% (up from 13% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 17Las Vegas Sands Corp. to Report Q2, 2025 Results on Jul 23, 2025Las Vegas Sands Corp. announced that they will report Q2, 2025 results After-Market on Jul 23, 2025New Risk • May 27New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Mexican stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.2% average weekly change). Minor Risks High level of debt (352% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to Mex$830, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Hospitality industry globally. Total returns to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,222 per share.Declared Dividend • Apr 28First quarter dividend of US$0.25 announcedShareholders will receive a dividend of US$0.25. Ex-date: 6th May 2025 Payment date: 14th May 2025 Dividend yield will be 1.9%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 64% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 24First quarter 2025 earnings released: EPS: US$0.49 (vs US$0.66 in 1Q 2024)First quarter 2025 results: EPS: US$0.49 (down from US$0.66 in 1Q 2024). Revenue: US$2.86b (down 3.3% from 1Q 2024). Net income: US$352.0m (down 29% from 1Q 2024). Profit margin: 12% (down from 17% in 1Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Apr 24Las Vegas Sands Corp. Announces Quarterly Dividend, Payable on May 14, 2025Las Vegas Sands Corp. announced next quarterly dividend of $0.25 per common share will be paid on May 14, 2025, to Las Vegas Sands stockholders of record on May 6, 2025.お知らせ • Apr 17Las Vegas Sands Corp. to Report Q1, 2025 Results on Apr 23, 2025Las Vegas Sands Corp. announced that they will report Q1, 2025 results After-Market on Apr 23, 2025Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to Mex$659, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 17x in the Hospitality industry globally. Total loss to shareholders of 3.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,185 per share.お知らせ • Apr 05Las Vegas Sands Corp., Annual General Meeting, May 15, 2025Las Vegas Sands Corp., Annual General Meeting, May 15, 2025.お知らせ • Mar 13Las Vegas Sands Corp. Appoints Mark Besca to Serve as the Chair of the Compliance Committee and as A Member of the Audit CommitteeOn January 27, 2025, Las Vegas Sands Corp. filed a Current Report on Form 8-K to disclose that on January 27, 2025, the Company’s Board of Directors (the “Board”) elected Mark Besca as a new member of the Board, effective immediately. Mr. Besca had not been appointed to any committee of the Board as of the Original Report. The Company is filing this amendment to the Original Report to disclose that on March 11, 2025, the Board appointed Mr. Besca to serve as the Chair of the Board’s Compliance Committee and as a member of the Board’s Audit Committee, effective immediately.お知らせ • Mar 12Las Vegas Sands Corp. Appoints Muktesh "Micky" Pant as New Member of the Board and Member of the Board's Nominating and Governance Committee and Compliance CommitteeOn March 11, 2025, Las Vegas Sands Corp.'s (the Company's) Board of Directors elected Muktesh "Micky" Pant as a new member of the Board, effective immediately. The Board also appointed Mr. Pant to serve as a member of the Board's Nominating and Governance Committee and Compliance Committee, effective immediately.お知らせ • Mar 07+ 1 more updateLas Vegas Sands Corp. Announces Transition of Robert G. Goldstein from Chairman to Senior Advisor, on March 1, 2026On March 6, 2025, Las Vegas Sands Corp. announced that Robert G. Goldstein, the Company’s Chairman and Chief Executive Officer, will transition to the role of senior advisor on March 1, 2026. Mr. Goldstein joined the company prior to the opening of The Venetian Las Vegas and was intricately involved in its development, ultimately becoming president when it opened in 1999. While The Venetian was being constructed, Mr. Goldstein had numerous areas of responsibility including building the property’s gaming business and its operations. He was also the lead executive responsible for developing the Grand Canal Shoppes, the property’s large retail mall. He attracted new retail brands to the market along with important lifestyle brands, such as Canyon Ranch Spa. His efforts also brought game-changing dining concepts and an impressive roster of celebrity chef restaurants, a model that was still relatively new at the time. During his time as president and chief operating officer of The Venetian and The Palazzo from 1999 to 2010, Mr. Goldstein was responsible for many important property milestones, which also had a broader impact on The Las Vegas Strip as well. Under Mr. Goldstein’s leadership, The Venetian featured cultural attractions such as the Guggenheim Hermitage Museum along with being among the first Las Vegas properties to attract top-tier Broadway shows including Phantom of the Opera and Jersey Boys. Mr. Goldstein also oversaw The Venetian’s significant hospitality enhancements that were designed to attract more international visitors, especially those coming from Asia where the company opened Sands Macao in 2004 and was actively pursuing other developmental opportunities in the region. In 2004, Mr. Goldstein led the company’s efforts to sell its retail offerings in The Venetian and the not-yet-opened Palazzo for $1.5 billion. Industry analysts at the time lauded the sale as a “landmark deal” for the value of Las Vegas Strip realty – the sale also led to investment in Las Vegas real estate in a broader context overall. Later that same year, he was present as Sands was traded publicly for the first time on the New York Stock Exchange, where it would become the most valuable company in its industry based on market capitalization. With a new NFL stadium moving ahead, it was time to pursue the next game-changing entertainment project. In early 2018, Madison Square Garden (MSG) Company and Las Vegas Sands announced a partnership to develop MSG Sphere – a new world-class entertainment and music venue located next to The Venetian and its expo and convention center. Mr. Goldstein immediately saw the advantages of having the new venue in such proximity to the company’s Las Vegas properties. He worked closely with MSG Executive Chairman and CEO Jim Dolan to get the project off the ground. Sands contributed the land for the venue and made a capital contribution to the project as well. Sphere opened to rave reviews in the fall of 2023 and has become a can’t-miss attraction and an iconic part of the Las Vegas Strip skyline. Mr. Goldstein and his wife, Sheryl, have been actively involved in many Las Vegas charitable and civic causes over the years. They both have served on numerous boards and been generous donors to a variety of organizations, including Opportunity Village, Cleveland Clinic Lou Ruvo Center for Brain Health - Las Vegas, Nevada Ballet, Emeril Lagasse Foundation, Adelson Clinic for Drug Abuse Treatment and Research, Public Education Foundation and many others. Mr. Goldstein was also the driving force behind the creation of the Young Women’s Leadership Academy of Las Vegas, a charter school offering a high-quality, all-girls’ education model for Las Vegas-area families.New Risk • Feb 11New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks High level of debt (316% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (Mex$92m sold).Declared Dividend • Feb 04Fourth quarter dividend of US$0.25 announcedShareholders will receive a dividend of US$0.25. Ex-date: 10th February 2025 Payment date: 19th February 2025 Dividend yield will be 1.2%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 52% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Jan 31Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.6% to Mex$949. The fair value is estimated to be Mex$1,194, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.3% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.Reported Earnings • Jan 30Full year 2024 earnings released: EPS: US$1.97 (vs US$1.60 in FY 2023)Full year 2024 results: EPS: US$1.97 (up from US$1.60 in FY 2023). Revenue: US$11.3b (up 8.9% from FY 2023). Net income: US$1.45b (up 18% from FY 2023). Profit margin: 13% (up from 12% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 30+ 1 more updateLas Vegas Sands Corp. Declares Quarterly Dividend, Payable on February 19, 2025Las Vegas Sands Corp. announced next quarterly dividend of $0.25 per common share will be paid on February 19, 2025, to Las Vegas Sands stockholders of record on February 10, 2025.お知らせ • Jan 23Las Vegas Sands Corp. to Report Q4, 2024 Results on Jan 29, 2025Las Vegas Sands Corp. announced that they will report Q4, 2024 results After-Market on Jan 29, 2025Board Change • Jan 10Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Employee Director Alain Li was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.New Risk • Dec 23New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Mexican stocks, typically moving 6.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (6.0% average weekly change). Minor Risks High level of debt (265% net debt to equity). Significant insider selling over the past 3 months (Mex$245m sold).Recent Insider Transactions • Dec 03Executive VP recently sold Mex$27m worth of stockOn the 27th of November, D. Hudson sold around 26k shares on-market at roughly Mex$1,061 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$128m. Insiders have been net sellers, collectively disposing of Mex$268m more than they bought in the last 12 months.Recent Insider Transactions • Nov 13Chairman recently sold Mex$25m worth of stockOn the 7th of November, Robert Goldstein sold around 24k shares on-market at roughly Mex$1,033 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth Mex$128m. Robert has been a net seller over the last 12 months, reducing personal holdings by Mex$240m.Recent Insider Transactions • Nov 02Chairman recently sold Mex$128m worth of stockOn the 29th of October, Robert Goldstein sold around 119k shares on-market at roughly Mex$1,075 per share. This transaction amounted to 59% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Robert has been a net seller over the last 12 months, reducing personal holdings by Mex$215m.Declared Dividend • Oct 28Third quarter dividend of US$0.20 announcedShareholders will receive a dividend of US$0.20. Ex-date: 5th November 2024 Payment date: 13th November 2024 Dividend yield will be 1.0%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 63% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: US$0.38 (vs US$0.50 in 3Q 2023)Third quarter 2024 results: EPS: US$0.38 (down from US$0.50 in 3Q 2023). Revenue: US$2.68b (down 4.0% from 3Q 2023). Net income: US$275.0m (down 28% from 3Q 2023). Profit margin: 10% (down from 14% in 3Q 2023). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 24Las Vegas Sands Corp. Announces Quarterly Dividend, Payable on November 13, 2024Las Vegas Sands Corp. announced quarterly dividend of $0.20 per common share will be paid on November 13, 2024, to Las Vegas Sands stockholders of record on November 5, 2024.お知らせ • Oct 17Las Vegas Sands Corp. to Report Q3, 2024 Results on Oct 23, 2024Las Vegas Sands Corp. announced that they will report Q3, 2024 results After-Market on Oct 23, 2024Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to Mex$955, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Hospitality industry globally. Total returns to shareholders of 28% over the past three years.New Risk • Sep 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Mexican stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (231% net debt to equity). Share price has been volatile over the past 3 months (5.1% average weekly change).Declared Dividend • Jul 29Second quarter dividend of US$0.20 announcedShareholders will receive a dividend of US$0.20. Ex-date: 6th August 2024 Payment date: 14th August 2024 Dividend yield will be 1.4%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jul 25Second quarter 2024 earnings released: EPS: US$0.48 (vs US$0.41 in 2Q 2023)Second quarter 2024 results: EPS: US$0.48 (up from US$0.41 in 2Q 2023). Revenue: US$2.76b (up 8.6% from 2Q 2023). Net income: US$353.0m (up 13% from 2Q 2023). Profit margin: 13% (in line with 2Q 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Jul 18Las Vegas Sands Corp. to Report Q2, 2024 Results on Jul 24, 2024Las Vegas Sands Corp. announced that they will report Q2, 2024 results After-Market on Jul 24, 2024お知らせ • Jul 03+ 1 more updateLas Vegas Sands Corp.(NYSE:LVS) dropped from Russell Top 200 Value IndexLas Vegas Sands Corp.(NYSE:LVS) dropped from Russell Top 200 Value IndexNew Risk • May 28New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Mexican stocks, typically moving 5.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (5.8% average weekly change). Minor Risks High level of debt (223% net debt to equity). Significant insider selling over the past 3 months (Mex$87m sold).Upcoming Dividend • Apr 29Upcoming dividend of US$0.20 per shareEligible shareholders must have bought the stock before 06 May 2024. Payment date: 15 May 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Mexican dividend payers (6.6%). Lower than average of industry peers (2.8%).Reported Earnings • Apr 18First quarter 2024 earnings released: EPS: US$0.66 (vs US$0.19 in 1Q 2023)First quarter 2024 results: EPS: US$0.66 (up from US$0.19 in 1Q 2023). Revenue: US$2.96b (up 40% from 1Q 2023). Net income: US$494.0m (up 236% from 1Q 2023). Profit margin: 17% (up from 6.9% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.お知らせ • Apr 18Las Vegas Sands Corp. Announces Quarterly Dividend, Payable on May 15, 2024Las Vegas Sands Corp. announced its next quarterly dividend of $0.20 per common share will be paid on May 15, 2024, to the company's stockholders of record on May 7, 2024.お知らせ • Apr 11Las Vegas Sands Corp. to Report Q1, 2024 Results on Apr 17, 2024Las Vegas Sands Corp. announced that they will report Q1, 2024 results After-Market on Apr 17, 2024New Risk • Apr 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Mexican stocks, typically moving 4.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (217% net debt to equity). Share price has been volatile over the past 3 months (4.9% average weekly change). Significant insider selling over the past 3 months (Mex$87m sold).お知らせ • Mar 29Las Vegas Sands Corp., Annual General Meeting, May 09, 2024Las Vegas Sands Corp., Annual General Meeting, May 09, 2024, at 11:00 Pacific Daylight. Agenda: To consider election of directors; to consider ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024; to consider An advisory (non-binding) vote to approve the compensation of the named executive officers; to consider approval of the amendment and restatement of the 2004 Equity Award Plan; and to consider other business issues.Recent Insider Transactions • Mar 20Chairman recently sold Mex$87m worth of stockOn the 15th of March, Robert Goldstein sold around 100k shares on-market at roughly Mex$869 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months.お知らせ • Feb 08Las Vegas Sands Corp. Declares Quarterly Dividend, Payable on February 14, 2024Las Vegas Sands Corp. announced next quarterly dividend of $0.20 per common share will be paid on February 14, 2024, to Las Vegas Sands stockholders of record on February 6, 2024.Reported Earnings • Jan 25Full year 2023 earnings released: EPS: US$1.62 (vs US$1.40 loss in FY 2022)Full year 2023 results: EPS: US$1.62 (up from US$1.40 loss in FY 2022). Revenue: US$10.4b (up 152% from FY 2022). Net income: US$1.22b (up US$2.29b from FY 2022). Profit margin: 12% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Jan 19Las Vegas Sands Corp. Announces Board ChangesOn January 13, 2024, Nora Jordan notified Las Vegas Sands Corp. that, effective January 22, 2024, she is resigning from the Company’s Board of Directors and David Levi notified the Company that, effective January 22, 2024, he is resigning from the Company’s Board. Mr. Levi’s resignation was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Additionally, on January 18, 2024, the Company’s Board elected Alain Li as a new member of the Board, effective January 22, 2024.お知らせ • Jan 18Las Vegas Sands Corp. to Report Q4, 2023 Results on Jan 24, 2024Las Vegas Sands Corp. announced that they will report Q4, 2023 results After-Market on Jan 24, 2024Buying Opportunity • Nov 29Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be Mex$998, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings is also forecast to grow by 31% per annum over the same time period.お知らせ • Nov 29+ 1 more updateLas Vegas Sands Corp. has completed a Follow-on Equity Offering in the amount of $2.035623 billion.Las Vegas Sands Corp. has completed a Follow-on Equity Offering in the amount of $2.035623 billion. Security Name: Common Stock Security Type: Common Stock Securities Offered: 46,264,168 Price\Range: $44Upcoming Dividend • Oct 30Upcoming dividend of US$0.20 per share at 1.7% yieldEligible shareholders must have bought the stock before 06 November 2023. Payment date: 15 November 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Mexican dividend payers (7.6%). Lower than average of industry peers (10.0%).Buying Opportunity • Oct 27Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be Mex$1,088, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings is also forecast to grow by 31% per annum over the same time period.Reported Earnings • Oct 20Third quarter 2023 earnings released: EPS: US$0.50 (vs US$0.31 loss in 3Q 2022)Third quarter 2023 results: EPS: US$0.50 (up from US$0.31 loss in 3Q 2022). Revenue: US$2.80b (up 178% from 3Q 2022). Net income: US$380.0m (up US$618.0m from 3Q 2022). Profit margin: 14% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • Oct 19Las Vegas Sands Corp. Announces Quarterly Dividend, Payable on November 15, 2023Las Vegas Sands Corp. announced its next quarterly dividend of $0.20 per common share will be paid on November 15, 2023, to Las Vegas Sands stockholders of record on November 7, 2023.お知らせ • Oct 12Las Vegas Sands Corp. to Report Q3, 2023 Results on Oct 18, 2023Las Vegas Sands Corp. announced that they will report Q3, 2023 results After-Market on Oct 18, 2023Buying Opportunity • Sep 22Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be Mex$1,001, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 18% per annum. Earnings is also forecast to grow by 40% per annum over the same time period.Upcoming Dividend • Jul 31Upcoming dividend of US$0.20 per share at 1.4% yieldEligible shareholders must have bought the stock before 07 August 2023. Payment date: 16 August 2023. Trailing yield: 1.4%. Lower than top quartile of Mexican dividend payers (6.4%). Lower than average of industry peers (11%).お知らせ • Jul 22Las Vegas Sands Corp. Reinstates Quarterly Dividend, Payable on August 16, 2023Las Vegas Sands Corp. announced the resumption of its program to return capital to stockholders. The company's quarterly dividend has been reinstated at $0.20 per common share. The next dividend will be paid on August 16, 2023, to Las Vegas Sands stockholders of record on August 8, 2023.Reported Earnings • Jul 20Second quarter 2023 earnings released: EPS: US$0.41 (vs US$0.38 loss in 2Q 2022)Second quarter 2023 results: EPS: US$0.41 (up from US$0.38 loss in 2Q 2022). Revenue: US$2.54b (up 143% from 2Q 2022). Net income: US$312.0m (up US$599.0m from 2Q 2022). Profit margin: 12% (up from net loss in 2Q 2022). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year.お知らせ • Jul 13Las Vegas Sands Corp. to Report Q2, 2023 Results on Jul 19, 2023Las Vegas Sands Corp. announced that they will report Q2, 2023 results After-Market on Jul 19, 2023New Risk • Jun 30New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Mexican stocks, typically moving 5.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.04% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (5.4% average weekly change). Minor Risk Significant insider selling over the past 3 months (Mex$17m sold).Recent Insider Transactions • May 02Director recently sold Mex$17m worth of stockOn the 28th of April, Charles Forman sold around 15k shares on-market at roughly Mex$1,138 per share. This transaction amounted to 6.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Reported Earnings • Apr 21First quarter 2023 earnings released: EPS: US$0.19 (vs US$0.49 loss in 1Q 2022)First quarter 2023 results: EPS: US$0.19 (up from US$0.49 loss in 1Q 2022). Revenue: US$2.12b (up 125% from 1Q 2022). Net income: US$147.0m (up US$524.0m from 1Q 2022). Profit margin: 6.9% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Board Change • Mar 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Non-Employee Director Nora Jordan was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Jan 27Full year 2022 earnings released: US$1.40 loss per share (vs US$1.51 loss in FY 2021)Full year 2022 results: US$1.40 loss per share (improved from US$1.51 loss in FY 2021). Revenue: US$4.11b (down 2.9% from FY 2021). Net loss: US$1.07b (loss narrowed 7.6% from FY 2021). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.お知らせ • Jan 19Las Vegas Sands Corp. to Report Q4, 2022 Results on Jan 25, 2023Las Vegas Sands Corp. announced that they will report Q4, 2022 results After-Market on Jan 25, 2023Reported Earnings • Oct 21Third quarter 2022 earnings released: US$0.31 loss per share (vs US$0.61 loss in 3Q 2021)Third quarter 2022 results: US$0.31 loss per share (improved from US$0.61 loss in 3Q 2021). Revenue: US$1.01b (up 17% from 3Q 2021). Net loss: US$238.0m (loss narrowed 49% from 3Q 2021). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.Reported Earnings • Jul 21Second quarter 2022 earnings released: US$0.38 loss per share (vs US$0.30 loss in 2Q 2021)Second quarter 2022 results: US$0.38 loss per share (down from US$0.30 loss in 2Q 2021). Revenue: US$1.05b (down 11% from 2Q 2021). Net loss: US$287.0m (loss widened 25% from 2Q 2021). Over the next year, revenue is forecast to grow 77%, compared to a 37% growth forecast for the industry in Mexico. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 28First quarter 2022 earnings released: US$0.49 loss per share (vs US$0.28 loss in 1Q 2021)First quarter 2022 results: US$0.49 loss per share (down from US$0.28 loss in 1Q 2021). Revenue: US$943.0m (down 21% from 1Q 2021). Net loss: US$377.0m (loss widened 75% from 1Q 2021). Over the next year, revenue is forecast to grow 82%, compared to a 51% growth forecast for the industry in Mexico. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.Reported Earnings • Jan 28Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: US$1.51 loss per share (up from US$2.21 loss in FY 2020). Revenue: US$4.23b (up 17% from FY 2020). Net loss: US$1.15b (loss narrowed 32% from FY 2020). Revenue missed analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 74%, compared to a 52% growth forecast for the restaurants industry in Mexico. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.Reported Earnings • Oct 22Third quarter 2021 earnings released: US$0.61 loss per share (vs US$0.74 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$857.0m (up 46% from 3Q 2020). Net loss: US$467.0m (loss narrowed 17% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.Reported Earnings • Jul 24Second quarter 2021 earnings released: US$0.30 loss per share (vs US$1.07 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: US$1.17b (up US$1.08b from 2Q 2020). Net loss: US$230.0m (loss narrowed 72% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 26First quarter 2021 earnings released: US$0.28 loss per share (vs US$0.055 loss in 1Q 2020)The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: US$1.20b (down 16% from 1Q 2020). Net loss: US$216.0m (loss widened 414% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Feb 20New 90-day high: Mex$1,233The company is up 9.0% from its price of Mex$1,129 on 20 November 2020. The Mexican market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Mex$1,582 per share.Reported Earnings • Feb 08Full year 2020 earnings released: US$2.21 loss per share (vs US$3.50 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$3.61b (down 74% from FY 2019). Net loss: US$1.69b (down 163% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 65% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Feb 08Revenue misses expectationsRevenue missed analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 150%, compared to a 33% growth forecast for the Hospitality industry in Mexico.株主還元LVS *MX HospitalityMX 市場7D-0.1%-1.6%-0.4%1Y-9.4%1.2%15.7%株主還元を見る業界別リターン: LVS *過去 1 年間で1.2 % の収益を上げたMX Hospitality業界を下回りました。リターン対市場: LVS *は、過去 1 年間で15.7 % のリターンを上げたMX市場を下回りました。価格変動Is LVS *'s price volatile compared to industry and market?LVS * volatilityLVS * Average Weekly Movementn/aHospitality Industry Average Movement3.4%Market Average Movement3.7%10% most volatile stocks in MX Market6.2%10% least volatile stocks in MX Market2.4%安定した株価: データは利用できません。時間の経過による変動: 過去 1 年間のLVS *のボラティリティの変化を判断するには データが不十分です。会社概要設立従業員CEO（最高経営責任者ウェブサイト198841,250Patrick Dumontwww.sands.comラスベガス・サンズ・コーポレーションはその子会社とともに、マカオとシンガポールで統合型リゾートを所有、開発、運営している。中華人民共和国のマカオではザ・ヴェネチアン・マカオ・リゾート・ホテル、ザ・ロンドナー・マカオ、ザ・パリジャン・マカオ、ザ・プラザ・マカオ、フォーシーズンズ・ホテル・マカオ、ザ・サンズ・マカオを、シンガポールではマリーナ・ベイ・サンズを所有・運営している。同社の統合型リゾートは、宿泊施設、ゲーミング施設、エンターテイメント施設、リテールモール、コンベンション・展示施設、セレブリティシェフのレストランなどを備えている。同社は1988年に設立され、ネバダ州ラスベガスを拠点としている。もっと見るLas Vegas Sands Corp. 基礎のまとめLas Vegas Sands の収益と売上を時価総額と比較するとどうか。LVS * 基礎統計学時価総額Mex$535.74b収益（TTM）Mex$32.33b売上高(TTM)Mex$241.19b16.6xPER（株価収益率2.2xP/SレシオLVS * は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計LVS * 損益計算書（TTM）収益US$13.74b売上原価US$2.74b売上総利益US$11.01bその他の費用US$9.16b収益US$1.84b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）2.78グロス・マージン80.09%純利益率13.41%有利子負債／自己資本比率971.8%LVS * の長期的なパフォーマンスは？過去の実績と比較を見る配当金2.6%現在の配当利回り41%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/08 00:30終値2026/07/08 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Las Vegas Sands Corp. 16 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。38 アナリスト機関John StaszakArgus Research CompanyFelicia Kantor HendrixBarclaysBrandt MontourBarclays35 その他のアナリストを表示
Recent Insider Transactions • May 01Director recently sold Mex$11m worth of stockOn the 27th of April, Charles Forman sold around 11k shares on-market at roughly Mex$940 per share. This transaction amounted to 6.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$79m more than they bought in the last 12 months.
Declared Dividend • Apr 27First quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 5th May 2026 Payment date: 13th May 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 23First quarter 2026 earnings released: EPS: US$0.85 (vs US$0.49 in 1Q 2025)First quarter 2026 results: EPS: US$0.85 (up from US$0.49 in 1Q 2025). Revenue: US$3.59b (up 25% from 1Q 2025). Net income: US$567.0m (up 61% from 1Q 2025). Profit margin: 16% (up from 12% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Apr 16Las Vegas Sands Corp. to Report Q1, 2026 Results on Apr 22, 2026Las Vegas Sands Corp. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 22, 2026
お知らせ • Apr 02Las Vegas Sands Corp., Annual General Meeting, May 14, 2026Las Vegas Sands Corp., Annual General Meeting, May 14, 2026.
お知らせ • Feb 13+ 1 more updateLas Vegas Sands Corp. Announces Board ChangesLas Vegas Sands announced on February 13, 2026 that Patrick Dumont will become the company's chairman, effective March 1, 2026. Mr. Dumont will succeed Robert G. Goldstein, who becomes a senior advisor to the company through March 2028. In connection with this transition, on February 12, 2026, the Board of Directors of the Company appointed Patrick Dumont, President and Chief Operating Officer of the Company, as Chairman, President and Treasurer of the Company, effective March 1, 2026. Sands' board of directors had previously indicated Mr. Dumont would be the likely successor to Mr. Goldstein. Mr. Dumont was also appointed chairman of Sands China Ltd., the company's Hong Kong-listed subsidiary. Mr. Dumont was appointed president and chief operating officer of Sands in January 2021 and has been a member of the board of directors since 2017. He joined the company in 2010 and has focused on creating long-term growth for the business and its stakeholders in roles with responsibility for operations, properties and capital allocation strategy. Mr. Dumont has more than 25 years of experience in management, development, operations and corporate finance. Under his leadership, Sands has undertaken transformative investment programs in Macao and Singapore to elevate its product offerings, enhance customer experience and increase long-term earnings potential. He is responsible for the company's new development in Singapore, an $8 billion ultra-luxury project that broke ground in July 2025. Mr. Dumont received an MBA from Columbia Business School and a Bachelor of Science in mechanical engineering from Johns Hopkins University.
Recent Insider Transactions • May 01Director recently sold Mex$11m worth of stockOn the 27th of April, Charles Forman sold around 11k shares on-market at roughly Mex$940 per share. This transaction amounted to 6.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$79m more than they bought in the last 12 months.
Declared Dividend • Apr 27First quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 5th May 2026 Payment date: 13th May 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 23First quarter 2026 earnings released: EPS: US$0.85 (vs US$0.49 in 1Q 2025)First quarter 2026 results: EPS: US$0.85 (up from US$0.49 in 1Q 2025). Revenue: US$3.59b (up 25% from 1Q 2025). Net income: US$567.0m (up 61% from 1Q 2025). Profit margin: 16% (up from 12% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Apr 16Las Vegas Sands Corp. to Report Q1, 2026 Results on Apr 22, 2026Las Vegas Sands Corp. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 22, 2026
お知らせ • Apr 02Las Vegas Sands Corp., Annual General Meeting, May 14, 2026Las Vegas Sands Corp., Annual General Meeting, May 14, 2026.
お知らせ • Feb 13+ 1 more updateLas Vegas Sands Corp. Announces Board ChangesLas Vegas Sands announced on February 13, 2026 that Patrick Dumont will become the company's chairman, effective March 1, 2026. Mr. Dumont will succeed Robert G. Goldstein, who becomes a senior advisor to the company through March 2028. In connection with this transition, on February 12, 2026, the Board of Directors of the Company appointed Patrick Dumont, President and Chief Operating Officer of the Company, as Chairman, President and Treasurer of the Company, effective March 1, 2026. Sands' board of directors had previously indicated Mr. Dumont would be the likely successor to Mr. Goldstein. Mr. Dumont was also appointed chairman of Sands China Ltd., the company's Hong Kong-listed subsidiary. Mr. Dumont was appointed president and chief operating officer of Sands in January 2021 and has been a member of the board of directors since 2017. He joined the company in 2010 and has focused on creating long-term growth for the business and its stakeholders in roles with responsibility for operations, properties and capital allocation strategy. Mr. Dumont has more than 25 years of experience in management, development, operations and corporate finance. Under his leadership, Sands has undertaken transformative investment programs in Macao and Singapore to elevate its product offerings, enhance customer experience and increase long-term earnings potential. He is responsible for the company's new development in Singapore, an $8 billion ultra-luxury project that broke ground in July 2025. Mr. Dumont received an MBA from Columbia Business School and a Bachelor of Science in mechanical engineering from Johns Hopkins University.
Declared Dividend • Feb 02Fourth quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 9th February 2026 Payment date: 18th February 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Jan 30New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Shares are highly illiquid. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (Mex$38m sold).
お知らせ • Jan 30Las Vegas Sands Corp. announces Quarterly dividend, payable on February 18, 2026Las Vegas Sands Corp. announced Quarterly dividend of USD 0.3000 per share payable on February 18, 2026, ex-date on February 09, 2026 and record date on February 09, 2026.
Reported Earnings • Jan 30Full year 2025 earnings released: EPS: US$2.36 (vs US$1.97 in FY 2024)Full year 2025 results: EPS: US$2.36 (up from US$1.97 in FY 2024). Revenue: US$13.0b (up 15% from FY 2024). Net income: US$1.63b (up 13% from FY 2024). Profit margin: 13% (in line with FY 2024). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Jan 22Las Vegas Sands Corp. to Report Q4, 2025 Results on Jan 28, 2026Las Vegas Sands Corp. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Jan 28, 2026
Recent Insider Transactions • Dec 04Director recently sold Mex$38m worth of stockOn the 1st of December, Irwin Chafetz sold around 30k shares on-market at roughly Mex$1,275 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$48m more than they bought in the last 12 months.
Declared Dividend • Oct 27Third quarter dividend of US$0.25 announcedShareholders will receive a dividend of US$0.25. Ex-date: 4th November 2025 Payment date: 12th November 2025 Dividend yield will be 1.4%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 70% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Oct 23Third quarter 2025 earnings released: EPS: US$0.61 (vs US$0.38 in 3Q 2024)Third quarter 2025 results: EPS: US$0.61 (up from US$0.38 in 3Q 2024). Revenue: US$3.33b (up 24% from 3Q 2024). Net income: US$419.0m (up 52% from 3Q 2024). Profit margin: 13% (up from 10% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 23+ 1 more updateLas Vegas Sands Corp. Provides Annual Dividend Guidance on Recurring Common Stock for the 2026 Calendar YearThe Board of Directors of Las Vegas Sands Corp. announced a $0.20 Increase in company's Recurring Common Stock Dividend for the 2026 Calendar Year, Raising the Annual Dividend to $1.20 per Share ($0.30 per Share per Quarter).
お知らせ • Oct 16Las Vegas Sands Corp. to Report Q3, 2025 Results on Oct 22, 2025Las Vegas Sands Corp. announced that they will report Q3, 2025 results After-Market on Oct 22, 2025
Recent Insider Transactions • Sep 19Director recently sold Mex$20m worth of stockOn the 10th of September, Charles Forman sold around 20k shares on-market at roughly Mex$1,006 per share. This transaction amounted to 9.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$255m more than they bought in the last 12 months.
Recent Insider Transactions • Sep 12Director recently sold Mex$20m worth of stockOn the 10th of September, Charles Forman sold around 20k shares on-market at roughly Mex$1,006 per share. This transaction amounted to 9.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$255m more than they bought in the last 12 months.
Recent Insider Transactions • Aug 09Director recently sold Mex$9.8m worth of stockOn the 6th of August, Charles Forman sold around 10k shares on-market at roughly Mex$979 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$235m more than they bought in the last 12 months.
お知らせ • Jul 25Las Vegas Sands Corp. announces Quarterly dividend, payable on August 13, 2025Las Vegas Sands Corp. announced Quarterly dividend of USD 0.2500 per share payable on August 13, 2025, ex-date on August 05, 2025 and record date on August 05, 2025.
Reported Earnings • Jul 24Second quarter 2025 earnings released: EPS: US$0.66 (vs US$0.48 in 2Q 2024)Second quarter 2025 results: EPS: US$0.66 (up from US$0.48 in 2Q 2024). Revenue: US$3.18b (up 15% from 2Q 2024). Net income: US$461.0m (up 31% from 2Q 2024). Profit margin: 14% (up from 13% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 17Las Vegas Sands Corp. to Report Q2, 2025 Results on Jul 23, 2025Las Vegas Sands Corp. announced that they will report Q2, 2025 results After-Market on Jul 23, 2025
New Risk • May 27New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Mexican stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.2% average weekly change). Minor Risks High level of debt (352% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to Mex$830, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Hospitality industry globally. Total returns to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,222 per share.
Declared Dividend • Apr 28First quarter dividend of US$0.25 announcedShareholders will receive a dividend of US$0.25. Ex-date: 6th May 2025 Payment date: 14th May 2025 Dividend yield will be 1.9%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 64% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 24First quarter 2025 earnings released: EPS: US$0.49 (vs US$0.66 in 1Q 2024)First quarter 2025 results: EPS: US$0.49 (down from US$0.66 in 1Q 2024). Revenue: US$2.86b (down 3.3% from 1Q 2024). Net income: US$352.0m (down 29% from 1Q 2024). Profit margin: 12% (down from 17% in 1Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Apr 24Las Vegas Sands Corp. Announces Quarterly Dividend, Payable on May 14, 2025Las Vegas Sands Corp. announced next quarterly dividend of $0.25 per common share will be paid on May 14, 2025, to Las Vegas Sands stockholders of record on May 6, 2025.
お知らせ • Apr 17Las Vegas Sands Corp. to Report Q1, 2025 Results on Apr 23, 2025Las Vegas Sands Corp. announced that they will report Q1, 2025 results After-Market on Apr 23, 2025
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to Mex$659, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 17x in the Hospitality industry globally. Total loss to shareholders of 3.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,185 per share.
お知らせ • Apr 05Las Vegas Sands Corp., Annual General Meeting, May 15, 2025Las Vegas Sands Corp., Annual General Meeting, May 15, 2025.
お知らせ • Mar 13Las Vegas Sands Corp. Appoints Mark Besca to Serve as the Chair of the Compliance Committee and as A Member of the Audit CommitteeOn January 27, 2025, Las Vegas Sands Corp. filed a Current Report on Form 8-K to disclose that on January 27, 2025, the Company’s Board of Directors (the “Board”) elected Mark Besca as a new member of the Board, effective immediately. Mr. Besca had not been appointed to any committee of the Board as of the Original Report. The Company is filing this amendment to the Original Report to disclose that on March 11, 2025, the Board appointed Mr. Besca to serve as the Chair of the Board’s Compliance Committee and as a member of the Board’s Audit Committee, effective immediately.
お知らせ • Mar 12Las Vegas Sands Corp. Appoints Muktesh "Micky" Pant as New Member of the Board and Member of the Board's Nominating and Governance Committee and Compliance CommitteeOn March 11, 2025, Las Vegas Sands Corp.'s (the Company's) Board of Directors elected Muktesh "Micky" Pant as a new member of the Board, effective immediately. The Board also appointed Mr. Pant to serve as a member of the Board's Nominating and Governance Committee and Compliance Committee, effective immediately.
お知らせ • Mar 07+ 1 more updateLas Vegas Sands Corp. Announces Transition of Robert G. Goldstein from Chairman to Senior Advisor, on March 1, 2026On March 6, 2025, Las Vegas Sands Corp. announced that Robert G. Goldstein, the Company’s Chairman and Chief Executive Officer, will transition to the role of senior advisor on March 1, 2026. Mr. Goldstein joined the company prior to the opening of The Venetian Las Vegas and was intricately involved in its development, ultimately becoming president when it opened in 1999. While The Venetian was being constructed, Mr. Goldstein had numerous areas of responsibility including building the property’s gaming business and its operations. He was also the lead executive responsible for developing the Grand Canal Shoppes, the property’s large retail mall. He attracted new retail brands to the market along with important lifestyle brands, such as Canyon Ranch Spa. His efforts also brought game-changing dining concepts and an impressive roster of celebrity chef restaurants, a model that was still relatively new at the time. During his time as president and chief operating officer of The Venetian and The Palazzo from 1999 to 2010, Mr. Goldstein was responsible for many important property milestones, which also had a broader impact on The Las Vegas Strip as well. Under Mr. Goldstein’s leadership, The Venetian featured cultural attractions such as the Guggenheim Hermitage Museum along with being among the first Las Vegas properties to attract top-tier Broadway shows including Phantom of the Opera and Jersey Boys. Mr. Goldstein also oversaw The Venetian’s significant hospitality enhancements that were designed to attract more international visitors, especially those coming from Asia where the company opened Sands Macao in 2004 and was actively pursuing other developmental opportunities in the region. In 2004, Mr. Goldstein led the company’s efforts to sell its retail offerings in The Venetian and the not-yet-opened Palazzo for $1.5 billion. Industry analysts at the time lauded the sale as a “landmark deal” for the value of Las Vegas Strip realty – the sale also led to investment in Las Vegas real estate in a broader context overall. Later that same year, he was present as Sands was traded publicly for the first time on the New York Stock Exchange, where it would become the most valuable company in its industry based on market capitalization. With a new NFL stadium moving ahead, it was time to pursue the next game-changing entertainment project. In early 2018, Madison Square Garden (MSG) Company and Las Vegas Sands announced a partnership to develop MSG Sphere – a new world-class entertainment and music venue located next to The Venetian and its expo and convention center. Mr. Goldstein immediately saw the advantages of having the new venue in such proximity to the company’s Las Vegas properties. He worked closely with MSG Executive Chairman and CEO Jim Dolan to get the project off the ground. Sands contributed the land for the venue and made a capital contribution to the project as well. Sphere opened to rave reviews in the fall of 2023 and has become a can’t-miss attraction and an iconic part of the Las Vegas Strip skyline. Mr. Goldstein and his wife, Sheryl, have been actively involved in many Las Vegas charitable and civic causes over the years. They both have served on numerous boards and been generous donors to a variety of organizations, including Opportunity Village, Cleveland Clinic Lou Ruvo Center for Brain Health - Las Vegas, Nevada Ballet, Emeril Lagasse Foundation, Adelson Clinic for Drug Abuse Treatment and Research, Public Education Foundation and many others. Mr. Goldstein was also the driving force behind the creation of the Young Women’s Leadership Academy of Las Vegas, a charter school offering a high-quality, all-girls’ education model for Las Vegas-area families.
New Risk • Feb 11New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks High level of debt (316% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (Mex$92m sold).
Declared Dividend • Feb 04Fourth quarter dividend of US$0.25 announcedShareholders will receive a dividend of US$0.25. Ex-date: 10th February 2025 Payment date: 19th February 2025 Dividend yield will be 1.2%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 52% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Jan 31Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.6% to Mex$949. The fair value is estimated to be Mex$1,194, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.3% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.
Reported Earnings • Jan 30Full year 2024 earnings released: EPS: US$1.97 (vs US$1.60 in FY 2023)Full year 2024 results: EPS: US$1.97 (up from US$1.60 in FY 2023). Revenue: US$11.3b (up 8.9% from FY 2023). Net income: US$1.45b (up 18% from FY 2023). Profit margin: 13% (up from 12% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 30+ 1 more updateLas Vegas Sands Corp. Declares Quarterly Dividend, Payable on February 19, 2025Las Vegas Sands Corp. announced next quarterly dividend of $0.25 per common share will be paid on February 19, 2025, to Las Vegas Sands stockholders of record on February 10, 2025.
お知らせ • Jan 23Las Vegas Sands Corp. to Report Q4, 2024 Results on Jan 29, 2025Las Vegas Sands Corp. announced that they will report Q4, 2024 results After-Market on Jan 29, 2025
Board Change • Jan 10Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Employee Director Alain Li was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
New Risk • Dec 23New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Mexican stocks, typically moving 6.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (6.0% average weekly change). Minor Risks High level of debt (265% net debt to equity). Significant insider selling over the past 3 months (Mex$245m sold).
Recent Insider Transactions • Dec 03Executive VP recently sold Mex$27m worth of stockOn the 27th of November, D. Hudson sold around 26k shares on-market at roughly Mex$1,061 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$128m. Insiders have been net sellers, collectively disposing of Mex$268m more than they bought in the last 12 months.
Recent Insider Transactions • Nov 13Chairman recently sold Mex$25m worth of stockOn the 7th of November, Robert Goldstein sold around 24k shares on-market at roughly Mex$1,033 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth Mex$128m. Robert has been a net seller over the last 12 months, reducing personal holdings by Mex$240m.
Recent Insider Transactions • Nov 02Chairman recently sold Mex$128m worth of stockOn the 29th of October, Robert Goldstein sold around 119k shares on-market at roughly Mex$1,075 per share. This transaction amounted to 59% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Robert has been a net seller over the last 12 months, reducing personal holdings by Mex$215m.
Declared Dividend • Oct 28Third quarter dividend of US$0.20 announcedShareholders will receive a dividend of US$0.20. Ex-date: 5th November 2024 Payment date: 13th November 2024 Dividend yield will be 1.0%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 63% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: US$0.38 (vs US$0.50 in 3Q 2023)Third quarter 2024 results: EPS: US$0.38 (down from US$0.50 in 3Q 2023). Revenue: US$2.68b (down 4.0% from 3Q 2023). Net income: US$275.0m (down 28% from 3Q 2023). Profit margin: 10% (down from 14% in 3Q 2023). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 24Las Vegas Sands Corp. Announces Quarterly Dividend, Payable on November 13, 2024Las Vegas Sands Corp. announced quarterly dividend of $0.20 per common share will be paid on November 13, 2024, to Las Vegas Sands stockholders of record on November 5, 2024.
お知らせ • Oct 17Las Vegas Sands Corp. to Report Q3, 2024 Results on Oct 23, 2024Las Vegas Sands Corp. announced that they will report Q3, 2024 results After-Market on Oct 23, 2024
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to Mex$955, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Hospitality industry globally. Total returns to shareholders of 28% over the past three years.
New Risk • Sep 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Mexican stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (231% net debt to equity). Share price has been volatile over the past 3 months (5.1% average weekly change).
Declared Dividend • Jul 29Second quarter dividend of US$0.20 announcedShareholders will receive a dividend of US$0.20. Ex-date: 6th August 2024 Payment date: 14th August 2024 Dividend yield will be 1.4%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jul 25Second quarter 2024 earnings released: EPS: US$0.48 (vs US$0.41 in 2Q 2023)Second quarter 2024 results: EPS: US$0.48 (up from US$0.41 in 2Q 2023). Revenue: US$2.76b (up 8.6% from 2Q 2023). Net income: US$353.0m (up 13% from 2Q 2023). Profit margin: 13% (in line with 2Q 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Jul 18Las Vegas Sands Corp. to Report Q2, 2024 Results on Jul 24, 2024Las Vegas Sands Corp. announced that they will report Q2, 2024 results After-Market on Jul 24, 2024
お知らせ • Jul 03+ 1 more updateLas Vegas Sands Corp.(NYSE:LVS) dropped from Russell Top 200 Value IndexLas Vegas Sands Corp.(NYSE:LVS) dropped from Russell Top 200 Value Index
New Risk • May 28New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Mexican stocks, typically moving 5.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (5.8% average weekly change). Minor Risks High level of debt (223% net debt to equity). Significant insider selling over the past 3 months (Mex$87m sold).
Upcoming Dividend • Apr 29Upcoming dividend of US$0.20 per shareEligible shareholders must have bought the stock before 06 May 2024. Payment date: 15 May 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Mexican dividend payers (6.6%). Lower than average of industry peers (2.8%).
Reported Earnings • Apr 18First quarter 2024 earnings released: EPS: US$0.66 (vs US$0.19 in 1Q 2023)First quarter 2024 results: EPS: US$0.66 (up from US$0.19 in 1Q 2023). Revenue: US$2.96b (up 40% from 1Q 2023). Net income: US$494.0m (up 236% from 1Q 2023). Profit margin: 17% (up from 6.9% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
お知らせ • Apr 18Las Vegas Sands Corp. Announces Quarterly Dividend, Payable on May 15, 2024Las Vegas Sands Corp. announced its next quarterly dividend of $0.20 per common share will be paid on May 15, 2024, to the company's stockholders of record on May 7, 2024.
お知らせ • Apr 11Las Vegas Sands Corp. to Report Q1, 2024 Results on Apr 17, 2024Las Vegas Sands Corp. announced that they will report Q1, 2024 results After-Market on Apr 17, 2024
New Risk • Apr 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Mexican stocks, typically moving 4.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (217% net debt to equity). Share price has been volatile over the past 3 months (4.9% average weekly change). Significant insider selling over the past 3 months (Mex$87m sold).
お知らせ • Mar 29Las Vegas Sands Corp., Annual General Meeting, May 09, 2024Las Vegas Sands Corp., Annual General Meeting, May 09, 2024, at 11:00 Pacific Daylight. Agenda: To consider election of directors; to consider ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024; to consider An advisory (non-binding) vote to approve the compensation of the named executive officers; to consider approval of the amendment and restatement of the 2004 Equity Award Plan; and to consider other business issues.
Recent Insider Transactions • Mar 20Chairman recently sold Mex$87m worth of stockOn the 15th of March, Robert Goldstein sold around 100k shares on-market at roughly Mex$869 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months.
お知らせ • Feb 08Las Vegas Sands Corp. Declares Quarterly Dividend, Payable on February 14, 2024Las Vegas Sands Corp. announced next quarterly dividend of $0.20 per common share will be paid on February 14, 2024, to Las Vegas Sands stockholders of record on February 6, 2024.
Reported Earnings • Jan 25Full year 2023 earnings released: EPS: US$1.62 (vs US$1.40 loss in FY 2022)Full year 2023 results: EPS: US$1.62 (up from US$1.40 loss in FY 2022). Revenue: US$10.4b (up 152% from FY 2022). Net income: US$1.22b (up US$2.29b from FY 2022). Profit margin: 12% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Jan 19Las Vegas Sands Corp. Announces Board ChangesOn January 13, 2024, Nora Jordan notified Las Vegas Sands Corp. that, effective January 22, 2024, she is resigning from the Company’s Board of Directors and David Levi notified the Company that, effective January 22, 2024, he is resigning from the Company’s Board. Mr. Levi’s resignation was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Additionally, on January 18, 2024, the Company’s Board elected Alain Li as a new member of the Board, effective January 22, 2024.
お知らせ • Jan 18Las Vegas Sands Corp. to Report Q4, 2023 Results on Jan 24, 2024Las Vegas Sands Corp. announced that they will report Q4, 2023 results After-Market on Jan 24, 2024
Buying Opportunity • Nov 29Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be Mex$998, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings is also forecast to grow by 31% per annum over the same time period.
お知らせ • Nov 29+ 1 more updateLas Vegas Sands Corp. has completed a Follow-on Equity Offering in the amount of $2.035623 billion.Las Vegas Sands Corp. has completed a Follow-on Equity Offering in the amount of $2.035623 billion. Security Name: Common Stock Security Type: Common Stock Securities Offered: 46,264,168 Price\Range: $44
Upcoming Dividend • Oct 30Upcoming dividend of US$0.20 per share at 1.7% yieldEligible shareholders must have bought the stock before 06 November 2023. Payment date: 15 November 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Mexican dividend payers (7.6%). Lower than average of industry peers (10.0%).
Buying Opportunity • Oct 27Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be Mex$1,088, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings is also forecast to grow by 31% per annum over the same time period.
Reported Earnings • Oct 20Third quarter 2023 earnings released: EPS: US$0.50 (vs US$0.31 loss in 3Q 2022)Third quarter 2023 results: EPS: US$0.50 (up from US$0.31 loss in 3Q 2022). Revenue: US$2.80b (up 178% from 3Q 2022). Net income: US$380.0m (up US$618.0m from 3Q 2022). Profit margin: 14% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • Oct 19Las Vegas Sands Corp. Announces Quarterly Dividend, Payable on November 15, 2023Las Vegas Sands Corp. announced its next quarterly dividend of $0.20 per common share will be paid on November 15, 2023, to Las Vegas Sands stockholders of record on November 7, 2023.
お知らせ • Oct 12Las Vegas Sands Corp. to Report Q3, 2023 Results on Oct 18, 2023Las Vegas Sands Corp. announced that they will report Q3, 2023 results After-Market on Oct 18, 2023
Buying Opportunity • Sep 22Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be Mex$1,001, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 18% per annum. Earnings is also forecast to grow by 40% per annum over the same time period.
Upcoming Dividend • Jul 31Upcoming dividend of US$0.20 per share at 1.4% yieldEligible shareholders must have bought the stock before 07 August 2023. Payment date: 16 August 2023. Trailing yield: 1.4%. Lower than top quartile of Mexican dividend payers (6.4%). Lower than average of industry peers (11%).
お知らせ • Jul 22Las Vegas Sands Corp. Reinstates Quarterly Dividend, Payable on August 16, 2023Las Vegas Sands Corp. announced the resumption of its program to return capital to stockholders. The company's quarterly dividend has been reinstated at $0.20 per common share. The next dividend will be paid on August 16, 2023, to Las Vegas Sands stockholders of record on August 8, 2023.
Reported Earnings • Jul 20Second quarter 2023 earnings released: EPS: US$0.41 (vs US$0.38 loss in 2Q 2022)Second quarter 2023 results: EPS: US$0.41 (up from US$0.38 loss in 2Q 2022). Revenue: US$2.54b (up 143% from 2Q 2022). Net income: US$312.0m (up US$599.0m from 2Q 2022). Profit margin: 12% (up from net loss in 2Q 2022). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year.
お知らせ • Jul 13Las Vegas Sands Corp. to Report Q2, 2023 Results on Jul 19, 2023Las Vegas Sands Corp. announced that they will report Q2, 2023 results After-Market on Jul 19, 2023
New Risk • Jun 30New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Mexican stocks, typically moving 5.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.04% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (5.4% average weekly change). Minor Risk Significant insider selling over the past 3 months (Mex$17m sold).
Recent Insider Transactions • May 02Director recently sold Mex$17m worth of stockOn the 28th of April, Charles Forman sold around 15k shares on-market at roughly Mex$1,138 per share. This transaction amounted to 6.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Reported Earnings • Apr 21First quarter 2023 earnings released: EPS: US$0.19 (vs US$0.49 loss in 1Q 2022)First quarter 2023 results: EPS: US$0.19 (up from US$0.49 loss in 1Q 2022). Revenue: US$2.12b (up 125% from 1Q 2022). Net income: US$147.0m (up US$524.0m from 1Q 2022). Profit margin: 6.9% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Board Change • Mar 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Non-Employee Director Nora Jordan was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jan 27Full year 2022 earnings released: US$1.40 loss per share (vs US$1.51 loss in FY 2021)Full year 2022 results: US$1.40 loss per share (improved from US$1.51 loss in FY 2021). Revenue: US$4.11b (down 2.9% from FY 2021). Net loss: US$1.07b (loss narrowed 7.6% from FY 2021). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
お知らせ • Jan 19Las Vegas Sands Corp. to Report Q4, 2022 Results on Jan 25, 2023Las Vegas Sands Corp. announced that they will report Q4, 2022 results After-Market on Jan 25, 2023
Reported Earnings • Oct 21Third quarter 2022 earnings released: US$0.31 loss per share (vs US$0.61 loss in 3Q 2021)Third quarter 2022 results: US$0.31 loss per share (improved from US$0.61 loss in 3Q 2021). Revenue: US$1.01b (up 17% from 3Q 2021). Net loss: US$238.0m (loss narrowed 49% from 3Q 2021). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Hospitality industry in South America. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 21Second quarter 2022 earnings released: US$0.38 loss per share (vs US$0.30 loss in 2Q 2021)Second quarter 2022 results: US$0.38 loss per share (down from US$0.30 loss in 2Q 2021). Revenue: US$1.05b (down 11% from 2Q 2021). Net loss: US$287.0m (loss widened 25% from 2Q 2021). Over the next year, revenue is forecast to grow 77%, compared to a 37% growth forecast for the industry in Mexico. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 28First quarter 2022 earnings released: US$0.49 loss per share (vs US$0.28 loss in 1Q 2021)First quarter 2022 results: US$0.49 loss per share (down from US$0.28 loss in 1Q 2021). Revenue: US$943.0m (down 21% from 1Q 2021). Net loss: US$377.0m (loss widened 75% from 1Q 2021). Over the next year, revenue is forecast to grow 82%, compared to a 51% growth forecast for the industry in Mexico. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jan 28Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: US$1.51 loss per share (up from US$2.21 loss in FY 2020). Revenue: US$4.23b (up 17% from FY 2020). Net loss: US$1.15b (loss narrowed 32% from FY 2020). Revenue missed analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 74%, compared to a 52% growth forecast for the restaurants industry in Mexico. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.
Reported Earnings • Oct 22Third quarter 2021 earnings released: US$0.61 loss per share (vs US$0.74 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$857.0m (up 46% from 3Q 2020). Net loss: US$467.0m (loss narrowed 17% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 24Second quarter 2021 earnings released: US$0.30 loss per share (vs US$1.07 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: US$1.17b (up US$1.08b from 2Q 2020). Net loss: US$230.0m (loss narrowed 72% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 26First quarter 2021 earnings released: US$0.28 loss per share (vs US$0.055 loss in 1Q 2020)The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: US$1.20b (down 16% from 1Q 2020). Net loss: US$216.0m (loss widened 414% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Feb 20New 90-day high: Mex$1,233The company is up 9.0% from its price of Mex$1,129 on 20 November 2020. The Mexican market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Mex$1,582 per share.
Reported Earnings • Feb 08Full year 2020 earnings released: US$2.21 loss per share (vs US$3.50 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$3.61b (down 74% from FY 2019). Net loss: US$1.69b (down 163% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 65% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Feb 08Revenue misses expectationsRevenue missed analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 150%, compared to a 33% growth forecast for the Hospitality industry in Mexico.
