Las Vegas Sands posts Q3 2026 results, raises 2027 dividend and repurchases $950 million of stock
Las Vegas Sands Corp. reported third‑quarter 2026 revenue of $3.22 billion, net income of $352 million and diluted EPS of $0.48. Adjusted property EBITDA fell to $1.12 billion, down 17% year‑over‑year. The board approved a 20% increase in the quarterly dividend to $0.36 per share for 2027 and the company repurchased $950 million of common stock during the quarter.
Why it matters
The dividend hike raises cash returns to shareholders, while the $950 million buyback reduces shares outstanding, both potentially supporting the stock price. Susquehanna cut its price target to $51 from $63, citing weaker Macau performance, indicating analysts see downside pressure (source 9).
Key facts
- 1Quarter ended September 30 2026 net revenue was $3.22 billion. sec.gov
- 2Net income for the quarter was $352 million. sec.gov
- 3Diluted earnings per share were $0.48. sec.gov
- 4Consolidated adjusted property EBITDA was $1.12 billion. sec.gov
- 5The company repurchased $950 million of common stock during the quarter. sec.gov
- 6The board approved a 20% increase in the recurring quarterly dividend to $0.36 per share for 2027 (annualized $1.44). sec.gov
Summary written by AlphAI AI Desk from 14 of 14 sources. Not investment advice. Figures are as stated by the linked sources.