Las Vegas Sands Corp. (LVS)

In the past six months, Las Vegas Sands Corp.'s stock price has been influenced by several events. The company announced its first-quarter 2025 financial results on April 23, 2025, after market close, and around the same time, four analysts downgraded the stock. The company paid a quarterly dividend of $0.25 per common share on February 19, 2025, and declared another quarterly dividend of $0.25 per common share in April 2025, payable on May 14, 2025. On July 23, 2025, Las Vegas Sands reported its second-quarter 2025 results, with adjusted earnings of $0.79 per share and quarterly revenue of $3.1 billion, surpassing forecasts, which led to a 4.3% increase in shares. However, on October 3, 2025, shares of Las Vegas Sands fell by more than 7% due to Tropical Cyclone Matmo threatening Macau during the Golden Week holidays. Analysts anticipate the company to report an adjusted EPS of $0.63 for Q3 2025, a 43.2% increase year-over-year.

Demand for Las Vegas Sands Corp.'s products and services is influenced by seasonal patterns, including holidays, school breaks, and major cultural or economic events that drive leisure and business travel. The company's operations in Macau and Singapore experience fluctuations in visitor numbers and gaming activity based on these seasonal factors. External events coinciding with peak periods can affect demand.

Las Vegas Sands Corp. (LVS) is a global developer and operator of integrated resorts, focusing on hospitality, tourism, and gaming. The company provides gaming, luxury accommodations, entertainment, retail, and convention facilities, catering to leisure and business travelers. In 2022, Las Vegas Sands Corp. sold its properties in Las Vegas, shifting its operational focus entirely to its Asian markets.

Las Vegas Sands Corp. has a significant geographic footprint in Asia through its majority-owned subsidiary, Sands China Ltd., which operates integrated resorts in Macau, China, including The Venetian Macao, The Londoner Macao, The Parisian Macao, The Plaza Macao, and Sands Macao. The company also owns and operates the Marina Bay Sands in Singapore. In July 2025, Las Vegas Sands broke ground on an expansion of the Marina Bay Sands in Singapore, which is projected to be completed by 2031 and will feature a fourth hotel tower, an arena, and additional convention space.

Las Vegas Sands Corp. has maintained a strong brand reputation in the past year, particularly in corporate responsibility and sustainability. The company has been included in the Dow Jones Sustainability Indices for both World and North America. It was also recognized in Newsweek's America's Most Responsible Companies 2024, U.S. News & World Report's Best Companies to Work For 2024-2025, USA Today's America's Climate Leaders 2024, and TIME and Statista's World's Most Sustainable Companies 2024 and America's Best Mid-Size Companies 2024. Las Vegas Sands actively engages in community initiatives through its Sands Cares program, including significant donations for emergency response and readiness, and global food kit builds. In December 2024, the company's Macau branch, Sands China Ltd., partnered with the National Basketball Association to bring NBA games to the region.

The ownership of Las Vegas Sands Corp. is a mix of institutional and individual investors. Major institutional owners include The Vanguard Group, Inc., BlackRock, Inc., T. Rowe Price Group, Inc., State Street Global Advisors, Inc., and Capital Research Global Investors. Significant individual ownership is held by the Adelson family, with Miriam Adelson and the Sheldon G. Adelson Family Trust being prominent shareholders.