Las Vegas Sands Corp. (LVS)
Consumer Discretionary1 article
Price chart
Why is LVS moving today?
-0.8%LVS is -0.8% today, inside the ordinary range for a session (under 3%). No stories about it reached the feed in the last 24 hours.
What this does not prove. A story on the same day is evidence of timing, not of cause: it explains a move only if it accounts for the size and the direction, and most single-stock moves carry a sector or index component too. Nothing here is a forecast.
Source: Yahoo Finance - quote as of 2 days ago
Las Vegas Sands Corp. (LVS) overview
Las Vegas Sands develops and operates integrated casino resorts in Asia and the U.S.
LVS is a member of the S&P 500. It sits in the Consumer Discretionary sector. That sector covers retailers, automakers and leisure companies whose sales rise and fall with consumer confidence.
Las Vegas Sands Corp. trades on the NYSE under the ticker symbol LVS. The most recent market data puts the share price at about $38.01. That is down 0.81% on the session. At that price the company is worth roughly $24.62B.
Over the past 52 weeks, LVS has traded between $35.28 and $70.45. Shares change hands at a trailing price-to-earnings (P/E) ratio of about 14.8. The P/E ratio sets the share price against a year of earnings. A higher number means the market is paying more for each dollar the company earns. LVS also pays a dividend. It yields around 3.16% at the current price.
Key statistics
Source: Yahoo Finance - quote as of 2 days ago
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Why investors watch LVS
LVS is one of the larger names in the Consumer Discretionary sector, so investors follow it closely. It tends to move with the rest of the sector. This page sums up each LVS story as it breaks, and tags it bullish, bearish or neutral.
What moves LVS
- Earnings. LVS reports results four times a year. A surprise against the estimate tends to move the stock that day.
- Analyst calls. Upgrades, downgrades and new price targets change what the market expects from LVS.
- Sector news. Consumer Discretionary stocks often move together, so a rival's news can move LVS too.
Market Mood
Latest LVS news
Las Vegas Sands Expands Non-Gaming Operations in Macau
Las Vegas Sands (LVS) plans to broaden its non-gaming resort services in Macau, as announced by CEO Robert Goldstein in an interview with BloombergTV. The expansion aims to attract a wider array of visitors beyond traditional gamblers. This strategic move aligns with Macau's goal to diversify its tourism offerings and lessen dependency on gaming revenue. Currently, Sands already possesses a significant presence in Macau's gaming sector. This initiative comes as part of broader industry efforts to adapt to changing regulatory requirements and market conditions in Macau. By enhancing non-gaming attractions, Sands is looking to capitalize on the influx of visitors seeking diverse leisure experiences. While specific financial figures for this expansion were not disclosed, the broader strategic focus reflects a shift toward leisure and travel. For investors, this move could potentially stabilize revenue streams and reduce risks associated with gaming regulations. By diversifying offerings, Sands strengthens its market position in Macau, which could lead to sustained revenue growth in the long term.
Read More: Las Vegas Sands Expands Non-Gaming Operations in MacauMore Consumer Discretionary stocks
Frequently asked questions
Is Las Vegas Sands Corp. in the S&P 500?
Yes. Las Vegas Sands Corp. trades as LVS and is a member of the S&P 500. The index lists it in the Consumer Discretionary sector.
What sector is LVS in?
LVS sits in the Consumer Discretionary sector of the S&P 500.
Where can I find the latest LVS news?
Right here. This page collects recent LVS news and market analysis. Every story gets an AI summary and a bullish, bearish or neutral tag.
What is Las Vegas Sands Corp.'s stock price?
LVS last traded at about $38.01. Prices move all through the session, so this is the latest quote rather than a live one.
What is Las Vegas Sands Corp.'s market cap?
LVS is worth roughly $24.62B. Market cap is the share price times the number of shares outstanding.
What is LVS's P/E ratio?
LVS trades at a trailing P/E ratio of about 14.8. The ratio compares the share price with earnings per share over the past year.