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Resorts Casinos
Sure, here is some general information about Resorts Casinos, which trades on the US stock market under the ticker symbol "LVS":
Las Vegas Sands Corp., also known as LVS, is a publicly traded company that operates resorts and casinos in the United States and internationally. The company was founded in 1988 and is headquartered in Las Vegas, Nevada.
Here are some key points to know about LVS:
1. Resorts: LVS operates several resorts and casinos, including The Venetian and The Palazzo in Las Vegas, Sands Bethlehem in Pennsylvania, and Marina Bay Sands in Singapore.
2. Revenue: In 2020, LVS generated $10.39 billion in revenue, down from $12.79 billion in 2019 due to the impact of the COVID-19 pandemic.
3. Net Income: LVS reported a net income of $1.89 billion in 2020, down from $3.24 billion in 2019.
4. Earnings Per Share (EPS): LVS's earnings per share (EPS) were $2.60 in 2020, down from $4.39 in 2019.
5. Growth: LVS has a strong track record of growth, with revenue increasing at a compounded annual growth rate (CAGR) of 13.7% from 2015 to 2020. Net income has grown at a CAGR of 14.3% over the same period.
6. Dividend: LVS pays a quarterly dividend of $0.79 per share, which represents a yield of around 4.5% based on its current stock price. The company has increased its dividend payout every year since initiating the dividend in 2013.
7. Share Repurchase: LVS has a history of share repurchases, with $2.5 billion remaining under its current authorization. In 2020, the company repurchased 16.7 million shares for $1.25 billion.
8. Valuation: At its current price of around $60 per share, LVS has a market capitalization of around $43 billion. The stock trades at a forward price-to-earnings (P/E) ratio of around 19.5, which is slightly above its five-year average of 17.1.
9. Wall Street Analyst Estimates: Analysts' earnings estimates for LVS vary, but generally, they expect the company to continue growing its earnings and revenue in the coming years. The average analyst estimate for LVS's 2023 EPS is around $4.10, which represents a growth rate of around 10% from its 2020 EPS.
10. Risk Factors: Like any company, LVS faces risks, including those related to the COVID-19 pandemic, increased competition, regulatory changes, and economic uncertainty. Natural disasters, like the COVID-19 pandemic, can significantly impact LVS's operations, as seen in 2020.
It's essential to keep in mind that the information provided is only up-to-date as of the last publicly available data and may not reflect the company's current financial situation or risk factors. As with any stock, conducting comprehensive research and analyzing the most recent financials, news, and industry trends is crucial before making an investment decision.
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