Las Vegas Sands Corp. (LVS)

Over the past six months, LVS stock has seen a price return of +10.7%. As of July 21, 2025, the share price was $48.26, an increase of 16.54% from July 22, 2024. The stock has been up 16.49% over the past 30 days. Recent events include breaking ground on an $8 billion expansion of Marina Bay Sands, the upcoming release of Q2 2025 financial results, and a five-day stock decline despite a surge in trading volume. Morgan Stanley maintained an "Equal-Weight" rating and lowered its price target to $45. Sands China Ltd. partnered with the NBA to bring games to Macao. The company announced design enhancements for the Marina Bay Sands expansion and launched a $1 million hospitality scholarship program in Singapore. Robert G. Goldstein will transition to a Senior Advisor role in March 2026. An analyst maintained a "Buy" rating, citing LVS's presence in high-growth markets.

Demand for Las Vegas Sands Corp.'s services in Macao and Singapore is influenced by leisure and business travelers. Events like the May Golden Week in Macao increase visitor activity. The focus on MICE facilities ties demand to business cycles and event calendars. Demand fluctuates based on holidays, conventions, and travel trends, with the company managing these fluctuations through optimized bookings.

Las Vegas Sands Corp. (LVS) is a global leader in integrated resorts, primarily in Asia, operating in the hospitality, tourism, and consumer discretionary sector. The company provides luxury accommodations, gaming, entertainment, retail, and MICE facilities. Key brands include Marina Bay Sands in Singapore and The Venetian Macao, The Londoner Macao, The Parisian Macao, The Plaza Macao, and Sands Macao. LVS pioneered the convention-based integrated resort model.

Las Vegas Sands Corp.'s main operations are in Macao and Singapore. Macao, through Sands China Ltd., accounts for about 63% of net sales, while Marina Bay Sands in Singapore contributes 37%. The corporate headquarters are in Las Vegas, but the company sold its Las Vegas properties in 2022. LVS has also considered opportunities in other regions like Texas.

Las Vegas Sands has maintained a strong brand reputation, being named one of Fortune's "World's Most Admired Companies" for the 10th time in January 2024. This recognition is based on ratings of investment value, management quality, social responsibility, and ability to attract talent. The company's commitment to corporate responsibility contributes to its positive image, and there were no significant negative events impacting its brand in the past year.

Las Vegas Sands Corp. is owned by institutional shareholders, insiders, and retail investors. Major institutional owners include Vanguard Group Inc. and BlackRock, Inc., holding approximately 19.79% to 45.4% of the stock. The Adelson family, particularly Miriam Adelson, holds a significant stake. Insiders collectively own a substantial portion, ranging from 48.52% to 93.74%.