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Las Vegas Sands: 4% Dividend Yield With Key Growth Catalysts

Published Mon, 16 Apr 2018 06:09:32 -0400 on Seeking Alpha

Las Vegas Sands (LVS) has positive momentum going as the company beat revenue and earnings expectations for all four quarters in 2017. The company has the ability to grow in Macau and the potential for sports betting in the U.S. as growth catalysts. Further growth will translate into double-digit gains for the stock over the next 12 months.
Las Vegas Sands has a strong ability to thrive even in the face of tough competition. The Casino business is the company's most important segment which comprised 73% of 2017 revenue. The Casino segment revenue increased 14.7% in 2017 over 2016. This was the largest gain among all of the company's segments. The Mall segment increased revenue 10.2% and all other segments increased revenue at single-digit rates.
Las Vegas Sands and Macau The company's revenue growth in the largest business segment reflects Las Vegas Sand's ability to thrive and grow in the casino markets. For example, Macau is a large casino market and is considered the gambling capital of the world. There are 38 casinos operating in Macau and Las Vegas Sands operates 5 main casino facilities in that market.
The market in Macau has been helped by the significant shift of Chinese citizens from rural areas to urban areas due to job opportunities and the excitement of city life.
Las Vegas Sands competes with other major casino operators, SJM Holdings (OTCPK: SJMHF) and Galaxy Entertainment (OTCPK: GXYEF) in the Macau market. Las Vegas Sands earns the most... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
LAS VEGAS SANDS 56.60   11.8 4.80 3.00 5.27


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