Market Summary
USD54.47+1.36
Market Closed2.56%
LVS Stock Price
LVS RSI Chart
LVS Valuation
LVS Price/Sales (Trailing)
LVS Profitability
LVS Fundamentals
LVS Revenue
LVS Earnings
Price Action
52 Week Range
28.8860.99
(Low)(High)
Last 7 days
-10.1%
Last 30 days
-7.7%
Last 90 days
9.2%
Trailing 12 Months
62.6%
LVS Financial Health
LVS Investor Care
Peers (Alternatives to Las Vegas Sands)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MAR | 50.0B | 20.8B | -9.20% | -4.26% | 21.22 | 2.41 | 49.91% | 114.56% |
LVS | 41.6B | 4.1B | -7.67% | 62.61% | 22.72 | 10.13 | -2.93% | 290.63% |
HLT | 37.1B | 8.8B | -8.84% | -5.51% | 29.52 | 4.22 | 51.57% | 206.10% |
MGM | 15.9B | 13.1B | -6.98% | 2.39% | 10.8 | 1.21 | 35.61% | 17.44% |
CZR | 9.6B | 10.8B | -16.23% | -40.87% | -10.68 | 0.89 | 13.07% | 11.78% |
| MID-CAP | ||||||||
WH | 6.9B | 1.5B | -12.94% | -19.38% | 19.47 | 4.61 | -4.28% | 45.49% |
BYD | 6.2B | 3.6B | -10.38% | -10.44% | 9.67 | 1.74 | 5.51% | 37.84% |
CHH | 6.1B | 1.4B | -9.49% | -18.49% | 18.27 | 4.33 | 31.11% | 14.95% |
RRR | 2.5B | 1.7B | -12.07% | -6.54% | 12.05 | 1.49 | 2.84% | -15.05% |
| SMALL-CAP | ||||||||
TH | 1.6B | 431.2M | 16.51% | 225.02% | 36.46 | 3.82 | 65.06% | 370.62% |
PLYA | 1.4B | 856.3M | 13.39% | 1.65% | 24.55 | 1.63 | 60.16% | 163.23% |
MCRI | 1.4B | 477.9M | -9.18% | -15.09% | 15.87 | 2.91 | 20.86% | 27.73% |
DIN | 1.0B | 909.4M | -16.82% | -9.23% | 12.83 | 1.14 | 1.47% | -17.12% |
CNTY | 223.1M | 434.1M | -23.07% | -34.95% | 13.96 | 0.51 | 18.60% | -31.64% |
Financials for Las Vegas Sands
| Income Statement (Last 12 Months) | ||||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 2.7% | 4,110,000,000 | 4,001,000,000 | 3,853,000,000 | 3,981,000,000 | 4,234,000,000 |
| S&GA Expenses | 9.1% | 936,000,000 | 858,000,000 | 843,000,000 | 824,000,000 | 831,000,000 |
| Costs and Expenses | 2.9% | 4,902,000,000 | 4,765,000,000 | 4,756,000,000 | 4,876,000,000 | 4,923,000,000 |
| EBITDA | 17.8% | 351,000,000 | 298,000,000 | -27,000,000 | -11,000,000 | - |
| EBITDA Margin | 14.7% | 0.09 | 0.07 | -0.01 | 0.00 | - |
| Earnings Before Taxes | 1.0% | -1,387,000,000 | -1,401,000,000 | -1,702,000,000 | -1,684,000,000 | -1,474,000,000 |
| EBT Margin | 3.6% | -0.34 | -0.35 | -0.44 | -0.42 | - |
| Interest Expenses | 7.5% | 702,000,000 | 653,000,000 | 627,000,000 | 623,000,000 | 621,000,000 |
| Net Income | -2.4% | 1,832,000,000 | 1,878,000,000 | 1,749,000,000 | 1,847,000,000 | -961,000,000 |
| Net Income Margin | -5.0% | 0.45 | 0.47 | 0.45 | 0.46 | - |
| Free Cahsflow | -11.5% | -1,595,000,000 | -1,430,000,000 | -1,543,000,000 | -1,229,000,000 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 2.7% | 22,039 | 21,469 | 22,059 | 22,247 | 20,059 |
| Current Assets | 8.7% | 6,744 | 6,207 | 6,770 | 6,725 | 5,510 |
| Cash Equivalents | 8.1% | 6,310 | 5,836 | 6,450 | 6,430 | 1,854 |
| Inventory | 21.7% | 28.00 | 23.00 | 24.00 | 23.00 | 22.00 |
| Net PPE | 1.5% | 11,451 | 11,284 | 11,498 | 11,709 | 11,850 |
| Liabilities | 3.9% | 18,383 | 17,688 | 17,844 | 17,570 | 17,811 |
| Current Liabilities | 15.1% | 3,902 | 3,391 | 2,023 | 2,139 | 2,565 |
| Long Term Debt | 1.2% | 13,947 | 13,779 | 15,306 | 14,905 | 14,721 |
| Shareholder's Equity | -0.5% | 3,881 | 3,900 | 4,215 | 4,677 | 1,996 |
| Retained Earnings | -9.1% | 1,684 | 1,853 | 2,092 | 2,382 | -148 |
| Additional Paid-In Capital | 0.1% | 6,684 | 6,675 | 6,665 | 6,656 | 6,646 |
| Accumulated Depreciation | - | 9,438 | - | - | - | - |
| Shares Outstanding | 0% | 764 | 764 | 764 | 764 | 764 |
| Minority Interest | -89.1% | -225 | -119 | 24.00 | 148 | 252 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -27.9% | -944 | -738 | -828 | -555 | -243 |
| Share Based Compensation | 5.4% | 39.00 | 37.00 | 33.00 | 28.00 | 22.00 |
| Cashflow From Investing | 9.1% | -721 | -793 | -822 | -690 | -832 |
| Cashflow From Financing | 3.0% | 6,154 | 5,973 | 6,018 | 5,556 | 863 |
| Dividend Payments | NaN% | 0.00 | 0.00 | - | - | - |
| Buy Backs | - | 0.00 | - | - | - | - |
Risks for LVS
What is the probability of a big loss on LVS?
90.8%
Probability that Las Vegas Sands stock will be more than 20% underwater in next one year
65.4%
Probability that Las Vegas Sands stock will be more than 30% underwater in next one year.
35%
Probability that Las Vegas Sands stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does LVS drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Las Vegas Sands was unfortunately bought at previous high price.
Drawdowns
Returns for LVS
Cumulative Returns on LVS
3.2%
10-Year Cumulative Returns
3.1%
7-Year Cumulative Returns
-4.5%
5-Year Cumulative Returns
3.4%
3-Year Cumulative Returns
What are the long-term rolling returns for LVS?
FIve years rolling returns for Las Vegas Sands.
Annualized Returns
Which funds bought or sold LVS recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 0.75 | 1,190,190 | 5,284,190 | 0.01% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 50.5 | 260,000 | 539,000 | -% |
2023-02-28 | Voya Investment Management LLC | added | 33.12 | 11,747,200 | 28,395,200 | 0.04% |
2023-02-27 | Parallax Volatility Advisers, L.P. | new | - | 4,393,690 | 4,393,690 | 0.01% |
2023-02-24 | National Pension Service | new | - | 25,645,000 | 25,645,000 | 0.05% |
2023-02-24 | SRS Capital Advisors, Inc. | reduced | -44.44 | -4,386 | 9,614 | -% |
2023-02-24 | NATIXIS | sold off | -100 | -15,645,000 | - | -% |
2023-02-22 | CVA Family Office, LLC | added | 79.31 | 7,498 | 12,498 | -% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | unchanged | - | 4,341,000 | 19,779,000 | 0.21% |
2023-02-21 | NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC | reduced | -15.62 | 37,025 | 495,025 | 0.01% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Las Vegas Sands News
Schedule 13G FIlings of Las Vegas Sands
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Mar 17, 2022 | adelson miriam | 0.1% | 694,738 | SC 13D/A | |
| Jun 09, 2021 | adelson miriam | 8.8% | 67,246,625 | SC 13D/A | |
| Feb 26, 2021 | adelson miriam | 8.8% | 67,246,625 | SC 13D/A |
LVS Fair Value
Las Vegas Sands fair value in different scenarios
The table shows the Fair Value estimates for Las Vegas Sands for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 5.81 -89.33% | 7.46 -86.30% | 10.09 -81.48% | 15.68 -71.21% | 22.94 -57.89% |
| Current Inflation | 5.60 -89.72% | 7.15 -86.87% | 9.59 -82.39% | 14.31 -73.73% | 20.56 -62.25% |
| Very High Inflation | 5.32 -90.23% | 6.74 -87.63% | 8.95 -83.57% | 12.63 -76.81% | 17.72 -67.47% |
Historical Las Vegas Sands Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Las Vegas Sands
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Feb 22, 2023 | 8-K | Current Report | |
| Feb 14, 2023 | 5 | Insider Trading | |
| Feb 14, 2023 | 5 | Insider Trading | |
| Feb 14, 2023 | 5 | Insider Trading | |
| Feb 03, 2023 | 10-K | Annual Report | |
| Feb 01, 2023 | 4 | Insider Trading | |
| Feb 01, 2023 | 4 | Insider Trading | |
| Feb 01, 2023 | 4 | Insider Trading | |
| Feb 01, 2023 | 4 | Insider Trading | |
| Jan 31, 2023 | 8-K | Current Report |
Latest Insider Trading transactions for LVS
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2022-12-16 | Adelson Miriam | gifted | - | - | 10,000,000 | - |
2022-12-16 | Adelson Miriam | gifted | - | - | -10,000,000 | - |
2022-12-15 | Adelson Miriam | gifted | - | - | 3,461,000 | - |
2022-12-15 | Adelson Miriam | gifted | - | - | -3,461,000 | - |
2022-09-15 | Adelson Miriam | gifted | - | - | 3,941,600 | - |
2022-09-15 | Adelson Miriam | gifted | - | - | -3,941,600 | - |
2022-08-31 | Adelson Miriam | gifted | - | - | -15,000,000 | - |
2022-08-31 | Adelson Miriam | gifted | - | - | 15,000,000 | - |
2022-08-30 | Adelson Miriam | gifted | - | - | -15,000,000 | - |
2022-08-30 | Adelson Miriam | gifted | - | - | 15,000,000 | - |
Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Asia and the United States. It owns and operates The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, Cotai Strip, and the Sands Macao in Macao, the People's Republic of China; and Marina Bay Sands in Singapore. The company also owns and operates The Venetian Resort Hotel Casino on the Las Vegas Strip; and the Sands Expo and Convention Center in Las Vegas, Nevada. Its integrated resorts feature accommodations, gaming, entertainment and retail malls, convention and exhibition facilities, celebrity chef restaurants, and other amenities. Las Vegas Sands Corp. was founded in 1988 and is based in Las Vegas, Nevada.
LVS Income Statement
2022-09-30Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
| Revenues: | ||||
| Net revenues | $ 1,005 | $ 857 | $ 2,993 | $ 3,226 |
| Operating expenses: | ||||
| Provision for credit losses | 8 | 3 | 14 | 9 |
| General and administrative | 238 | 223 | 694 | 667 |
| Corporate | 53 | 64 | 167 | 169 |
| Pre-opening | 4 | 6 | 11 | 15 |
| Development | 26 | 13 | 108 | 59 |
| Depreciation and amortization | 260 | 262 | 780 | 775 |
| Amortization of leasehold interests in land | 14 | 14 | 42 | 42 |
| Loss on disposal or impairment of assets | 2 | 4 | 8 | 18 |
| Total operating expenses | 1,182 | 1,173 | 3,619 | 3,777 |
| Operating loss | (177) | (316) | (626) | (551) |
| Other income (expense): | ||||
| Interest income | 38 | 1 | 56 | 3 |
| Interest expense, net of amounts capitalized | (183) | (157) | (501) | (469) |
| Other income (expense) | 2 | (12) | (29) | (19) |
| Loss on modification or early retirement of debt | 0 | (137) | 0 | (137) |
| Loss from continuing operations before income taxes | (320) | (621) | (1,100) | (1,173) |
| Income tax (expense) benefit | (60) | 27 | (172) | 19 |
| Net loss from continuing operations | (380) | (594) | (1,272) | (1,154) |
| Income from operations of discontinued operations, net of tax | 0 | 99 | 46 | 75 |
| Gain on disposal of discontinued operations, net of tax | 0 | 0 | 2,861 | 0 |
| Adjustment to gain on disposal of discontinued operations, net of tax | (1) | 0 | (4) | 0 |
| Net income (loss) from discontinued operations, net of tax | (1) | 99 | 2,903 | 75 |
| Net income (loss) | (381) | (495) | 1,631 | (1,079) |
| Net loss attributable to noncontrolling interests from continuing operations | 142 | 127 | 370 | 241 |
| Net income (loss) attributable to Las Vegas Sands Corp. | $ (239) | $ (368) | $ 2,001 | $ (838) |
| Earnings (loss) per share - basic and diluted: | ||||
| Loss from continuing operations, per basic share | $ (0.31) | $ (0.61) | $ (1.18) | $ (1.20) |
| Income from discontinued operations, net of tax, per basic share | 0 | 0.13 | 3.80 | 0.10 |
| Basic (in usd per share) | (0.31) | (0.48) | 2.62 | (1.10) |
| Loss from continuing operations, per diluted share | (0.31) | (0.61) | (1.18) | (1.20) |
| Income from discontinued operations, net of tax, per diluted share | 0 | 0.13 | 3.80 | 0.10 |
| Diluted (in usd per share) | $ (0.31) | $ (0.48) | $ 2.62 | $ (1.10) |
| Weighted average shares outstanding: | ||||
| Basic (in shares) | 764 | 764 | 764 | 764 |
| Diluted (in shares) | 764 | 764 | 764 | 764 |
| Casino [Member] | ||||
| Revenues: | ||||
| Net revenues | $ 637 | $ 533 | $ 1,973 | $ 2,241 |
| Operating expenses: | ||||
| Cost of revenue | 410 | 451 | 1,323 | 1,603 |
| Rooms [Member] | ||||
| Revenues: | ||||
| Net revenues | 123 | 100 | 315 | 311 |
| Operating expenses: | ||||
| Cost of revenue | 41 | 40 | 125 | 124 |
| Food and Beverage [Member] | ||||
| Revenues: | ||||
| Net revenues | 82 | 42 | 198 | 148 |
| Operating expenses: | ||||
| Cost of revenue | 83 | 55 | 221 | 186 |
| Mall [Member] | ||||
| Revenues: | ||||
| Net revenues | 119 | 165 | 416 | 469 |
| Operating expenses: | ||||
| Cost of revenue | 16 | 17 | 53 | 48 |
| Convention, Retail and Other [Member] | ||||
| Revenues: | ||||
| Net revenues | 44 | 17 | 91 | 57 |
| Operating expenses: | ||||
| Cost of revenue | $ 27 | $ 21 | $ 73 | $ 62 |
LVS Balance Sheet
2022-09-30Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions | Sep. 30, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 5,836 | $ 1,854 |
| Restricted cash and cash equivalents | 0 | 16 |
| Accounts receivable, net of provision for credit losses of $209 and $232 | 210 | 202 |
| Inventories | 23 | 22 |
| Prepaid expenses and other | 138 | 113 |
| Current assets of discontinued operations held for sale | 0 | 3,303 |
| Total current assets | 6,207 | 5,510 |
| Loan receivable | 1,208 | 0 |
| Property and equipment, net | 11,284 | 11,850 |
| Restricted cash | 289 | 0 |
| Deferred income taxes, net | 165 | 297 |
| Leasehold interests in land, net | 2,034 | 2,166 |
| Intangible assets, net | 62 | 19 |
| Other assets, net | 220 | 217 |
| Total assets | 21,469 | 20,059 |
| Current liabilities: | ||
| Accounts payable | 91 | 77 |
| Construction payables | 178 | 227 |
| Other accrued liabilities | 1,285 | 1,334 |
| Income taxes payable | 323 | 32 |
| Current maturities of long-term debt | 1,514 | 74 |
| Current liabilities of discontinued operations held for sale | 0 | 821 |
| Total current liabilities | 3,391 | 2,565 |
| Other long-term liabilities | 368 | 352 |
| Deferred income taxes | 150 | 173 |
| Long-term debt | 13,779 | 14,721 |
| Total liabilities | 17,688 | 17,811 |
| Commitments and contingencies (Note 10) | ||
| Equity: | ||
| Preferred stock, $0.001 par value, 50 shares authorized, zero shares issued and outstanding | 0 | 0 |
| Common stock, $0.001 par value, 1,000 shares authorized, 833 shares issued, 764 shares outstanding | 1 | 1 |
| Treasury stock, at cost, 69 shares | (4,481) | (4,481) |
| Capital in excess of par value | 6,675 | 6,646 |
| Accumulated other comprehensive loss | (148) | (22) |
| Retained earnings (deficit) | 1,853 | (148) |
| Total Las Vegas Sands Corp. stockholders’ equity | 3,900 | 1,996 |
| Noncontrolling interests | (119) | 252 |
| Total equity | 3,781 | 2,248 |
| Total liabilities and equity | $ 21,469 | $ 20,059 |