NASDAQ:RRR Red Rock Resorts (RRR) Stock Price, News & Analysis → Don’t Miss Out on the AI Gold Rush That’s Just Getting Started (From Banyan Hill Publishing) (Ad) Free RRR Stock Alerts $58.93 +0.57 (+0.98%) (As of 04/23/2024 ET) Add Compare Share Share Today's Range$58.22▼$59.4450-Day Range$55.02▼$62.4852-Week Range$37.82▼$63.28Volume270,193 shsAverage Volume406,541 shsMarket Capitalization$6.20 billionP/E Ratio19.98Dividend Yield1.70%Price Target$61.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Red Rock Resorts alerts: Email Address Red Rock Resorts MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside4.6% Upside$61.67 Price TargetShort InterestHealthy3.97% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.66Based on 12 Articles This WeekInsider TradingSelling Shares$434,205 Sold Last QuarterProj. Earnings Growth11.92%From $1.93 to $2.16 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.79 out of 5 starsConsumer Cyclical Sector4th out of 10 stocksResorts & Casinos Industry2nd out of 2 stocks 2.4 Analyst's Opinion Consensus RatingRed Rock Resorts has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 9 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageRed Rock Resorts has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.97% of the float of Red Rock Resorts has been sold short.Short Interest Ratio / Days to CoverRed Rock Resorts has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in Red Rock Resorts has recently decreased by 3.90%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldRed Rock Resorts pays a meaningful dividend of 1.74%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthRed Rock Resorts has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Red Rock Resorts is 33.90%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Red Rock Resorts will have a dividend payout ratio of 46.30% next year. This indicates that Red Rock Resorts will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RRR. Previous Next 3.1 News and Social Media Coverage News SentimentRed Rock Resorts has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.35 average news sentiment score of Consumer Cyclical companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Red Rock Resorts this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for RRR on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat Follows4 people have added Red Rock Resorts to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Red Rock Resorts insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $434,205.00 in company stock.Percentage Held by Insiders54.20% of the stock of Red Rock Resorts is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions47.84% of the stock of Red Rock Resorts is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Red Rock Resorts are expected to grow by 11.92% in the coming year, from $1.93 to $2.16 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Red Rock Resorts is 19.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.41.Price to Earnings Ratio vs. SectorThe P/E ratio of Red Rock Resorts is 19.98, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 352.69.Price to Earnings Growth RatioRed Rock Resorts has a PEG Ratio of 2.95. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioRed Rock Resorts has a P/B Ratio of 25.29. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingDon’t Miss Out on the AI Gold Rush That’s Just Getting Started“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.See how you can invest alongside him About Red Rock Resorts Stock (NASDAQ:RRR)Red Rock Resorts, Inc., through its interest in Station Casinos LLC, develops and operates casino and entertainment properties in the United States. The company owns and operates gaming and entertainment facilities, including Durango Casino & Resort and smaller casinos in the Las Vegas regional market. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts, Inc. in January 2016. Red Rock Resorts, Inc. was founded in 1976 and is based in Las Vegas, Nevada.Read More RRR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RRR Stock News HeadlinesApril 22, 2024 | finance.yahoo.comRed Rock Resorts (NASDAQ:RRR) Is Experiencing Growth In Returns On CapitalApril 21, 2024 | americanbankingnews.comRed Rock Resorts (NASDAQ:RRR) PT Raised to $64.00 at BarclaysApril 23, 2024 | Crypto 101 Media (Ad)SHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. April 21, 2024 | americanbankingnews.comJMP Securities Increases Red Rock Resorts (NASDAQ:RRR) Price Target to $66.00April 19, 2024 | msn.comNetflix To Rally Around 31%? Here Are 10 Top Analyst Forecasts For FridayApril 19, 2024 | markets.businessinsider.comCritical Insights From Red Rock Resorts Analyst Ratings: What You Need To KnowApril 17, 2024 | finance.yahoo.comUnpacking Q4 Earnings: Caesars Entertainment (NASDAQ:CZR) In The Context Of Other Casino Operator StocksApril 10, 2024 | prnewswire.comRed Rock Resorts Announces First Quarter 2024 Conference Call and Earnings Release DateApril 23, 2024 | Crypto 101 Media (Ad)SHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. April 1, 2024 | msn.comRed Rock Resorts is called a casino sector standout by J.P. MorganMarch 26, 2024 | markets.businessinsider.comExpert Outlook: Red Rock Resorts Through The Eyes Of 12 AnalystsMarch 25, 2024 | finance.yahoo.comRed Rock Resorts, Inc. (NASDAQ:RRR) Shares Could Be 47% Below Their Intrinsic Value EstimateMarch 18, 2024 | msn.comThis New Boutique Hotel in Sedona, Arizona, Has a Heated Outdoor Pool, Uninterrupted Views of the Red Rocks, and a Pet PsychicMarch 7, 2024 | prnewswire.comStation Casinos LLC Announces Pricing of Senior Notes OfferingMarch 7, 2024 | finance.yahoo.comStation Casinos LLC Announces Proposed Offering of Senior NotesMarch 7, 2024 | prnewswire.comStation Casinos LLC Announces Proposed Offering of Senior NotesMarch 5, 2024 | msn.comHere's Why Red Rock Resorts (RRR) Rose in Q4March 5, 2024 | finance.yahoo.comHere’s Why Red Rock Resorts (RRR) Rose in Q4February 27, 2024 | benzinga.comMajor Update: Lawrence Stephen Cootey At Red Rock Resorts Exercises Options, Making A Strategic MoveFebruary 27, 2024 | finance.yahoo.comRed Rock Resorts (NASDAQ:RRR) Has Affirmed Its Dividend Of $0.25February 24, 2024 | msn.comRed Rock Resorts (RRR) Price Target Increased by 14.29% to 61.88February 24, 2024 | finance.yahoo.comRed Rock Resorts Insiders Added US$3.30m Of Stock To Their HoldingsFebruary 24, 2024 | finance.yahoo.comRed Rock Resorts Inc EVP & CFO Stephen Cootey Sells 38,781 SharesFebruary 23, 2024 | benzinga.comRed Rock Resorts Stock (NASDAQ:RRR), Quotes and News SummaryFebruary 13, 2024 | finance.yahoo.comUBSFY or RRR: Which Is the Better Value Stock Right Now?February 13, 2024 | seekingalpha.comRRR: An Update As The Shares Rise To New HighsFebruary 8, 2024 | finanznachrichten.deRed Rock Resorts, Inc.: Red Rock Resorts Announces Fourth Quarter and Full Year 2023 ResultsSee More Headlines Receive RRR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Red Rock Resorts and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/07/2024Ex-Dividend for 3/4 Dividend2/21/2024Dividend Payable3/04/2024Ex-Dividend for 3/29 Dividend3/14/2024Dividend Payable3/29/2024Today4/23/2024Next Earnings (Confirmed)5/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Cyclical Industry Resorts & Casinos Sub-IndustryN/A Current SymbolNASDAQ:RRR CUSIPN/A CIK1653653 Webwww.redrockresorts.com Phone(702) 495-3000FaxN/AEmployees9,385Year Founded2006Price Target and Rating Average Stock Price Target$61.67 High Stock Price Target$69.00 Low Stock Price Target$53.00 Potential Upside/Downside+3.8%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$2.95 Trailing P/E Ratio20.01 Forward P/E Ratio30.59 P/E Growth2.95Net Income$176 million Net Margins10.21% Pretax Margin22.08% Return on Equity114.32% Return on Assets4.69% Debt Debt-to-Equity Ratio13.54 Current Ratio0.81 Quick Ratio0.76 Sales & Book Value Annual Sales$1.72 billion Price / Sales3.60 Cash Flow$3.03 per share Price / Cash Flow19.50 Book Value$2.33 per share Price / Book25.33Miscellaneous Outstanding Shares105,190,000Free Float48,176,000Market Cap$6.21 billion OptionableOptionable Beta2.06 Social Links 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. Frank J. Fertitta III (Age 62)Chairman & CEO Comp: $3.48MMr. Scott Kreeger (Age 57)President Comp: $2.87MMr. Stephen Cootey (Age 55)Executive VP, CFO & Treasurer Comp: $1.82MMr. Jeffrey T. Welch (Age 61)Executive VP & Chief Legal Officer Comp: $1.69MMr. Robert A. Finch (Age 63)Executive Officer Comp: $1.39MMr. Kord Nichols (Age 42)Executive VP & COO Wes AllisonChief Accounting OfficerMr. Daniel P. FoleyVice President of Finance & Investor RelationsMore ExecutivesKey CompetitorsBoyd GamingNYSE:BYDChoice Hotels InternationalNYSE:CHHWyndham Hotels & ResortsNYSE:WHCaesars EntertainmentNASDAQ:CZRWyndham DestinationsNYSE:WYNDView All CompetitorsInsiders & InstitutionsVaughan Nelson Investment Management L.P.Bought 188,095 shares on 4/18/2024Ownership: 0.898%Vanguard Group Inc.Sold 103,488 shares on 3/11/2024Ownership: 4.684%Virtu Financial LLCBought 3,981 shares on 2/26/2024Ownership: 0.004%Stephen Lawrence CooteySold 7,520 sharesTotal: $434,204.80 ($57.74/share)Eminence Capital LPBought 413,871 shares on 2/14/2024Ownership: 2.274%View All Insider TransactionsView All Institutional Transactions RRR Stock Analysis - Frequently Asked Questions Should I buy or sell Red Rock Resorts stock right now? 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Red Rock Resorts in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" RRR shares. View RRR analyst ratings or view top-rated stocks. What is Red Rock Resorts' stock price target for 2024? 12 Wall Street research analysts have issued 12 month price objectives for Red Rock Resorts' shares. Their RRR share price targets range from $53.00 to $69.00. On average, they anticipate the company's stock price to reach $61.67 in the next year. This suggests a possible upside of 4.6% from the stock's current price. View analysts price targets for RRR or view top-rated stocks among Wall Street analysts. How have RRR shares performed in 2024? Red Rock Resorts' stock was trading at $53.33 at the start of the year. Since then, RRR stock has increased by 10.5% and is now trading at $58.93. View the best growth stocks for 2024 here. When is Red Rock Resorts' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our RRR earnings forecast. How can I listen to Red Rock Resorts' earnings call? Red Rock Resorts will be holding an earnings conference call on Tuesday, May 7th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "1775004". How were Red Rock Resorts' earnings last quarter? Red Rock Resorts, Inc. (NASDAQ:RRR) released its earnings results on Wednesday, February, 7th. The company reported $0.95 earnings per share for the quarter, topping analysts' consensus estimates of $0.40 by $0.55. The company earned $462.71 million during the quarter, compared to analysts' expectations of $440.75 million. Red Rock Resorts had a trailing twelve-month return on equity of 114.32% and a net margin of 10.21%. The company's quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.00 earnings per share. How often does Red Rock Resorts pay dividends? What is the dividend yield for Red Rock Resorts? Red Rock Resorts declared a quarterly dividend on Wednesday, February 7th. Investors of record on Friday, March 15th will be paid a dividend of $0.25 per share on Friday, March 29th. This represents a $1.00 annualized dividend and a yield of 1.70%. The ex-dividend date is Thursday, March 14th. Read our dividend analysis for RRR. Is Red Rock Resorts a good dividend stock? Red Rock Resorts (NASDAQ:RRR) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.74%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 33.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RRR will have a dividend payout ratio of 46.30% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for RRR. What ETFs hold Red Rock Resorts' stock? ETFs with the largest weight of Red Rock Resorts (NASDAQ:RRR) stock in their portfolio include Invesco Leisure and Entertainment ETF (PEJ), Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ), B.A.D. Etf (BAD), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Invesco DWA SmallCap Momentum ETF (DWAS) and Small Cap US Equity Select ETF (RNSC).KraneShares Global Luxury Index ETF (KLXY). What is Frank J. Fertitta III's approval rating as Red Rock Resorts' CEO? 197 employees have rated Red Rock Resorts Chief Executive Officer Frank J. Fertitta III on Glassdoor.com. Frank J. Fertitta III has an approval rating of 86% among the company's employees. What other stocks do shareholders of Red Rock Resorts own? Based on aggregate information from My MarketBeat watchlists, some companies that other Red Rock Resorts investors own include Xtrackers California Municipal Bond ETF (CA), NVIDIA (NVDA), BlackRock (BLK), Endologix (ELGX), Boeing (BA), Micron Technology (MU), QUALCOMM (QCOM), Chipotle Mexican Grill (CMG), Eldorado Resorts (ERI) and Delta Air Lines (DAL). When did Red Rock Resorts IPO? Red Rock Resorts (RRR) raised $532 million in an initial public offering (IPO) on Wednesday, April 27th 2016. The company issued 27,300,000 shares at $18.00-$21.00 per share. Deutsche Bank Securities, J.P. Morgan, BofA Merrill Lynch and Goldman Sachs served as the underwriters for the IPO and Wells Fargo Securities, Citigroup, Macquarie Capital, Fifth Third Securities, Credit Suisse, UBS, Investment Bank, Stifel, Raine Securities, Oppenheimer, Guggenheim Securities and Ramirez were co-managers. Who are Red Rock Resorts' major shareholders? Red Rock Resorts' stock is owned by many different institutional and retail investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (0.90%). Insiders that own company stock include Robert A Finch and Stephen Lawrence Cootey. View institutional ownership trends. How do I buy shares of Red Rock Resorts? Shares of RRR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Red Rock Resorts have any subsidiaries? The following companies are subsidiares of Red Rock Resorts: Amphenol Phoenix (Anji) Telecom Parts Co. Ltd..Read More This page (NASDAQ:RRR) was last updated on 4/23/2024 by MarketBeat.com Staff From Our PartnersSHOCKING Crypto Leak…Crypto 101 Mediatop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsYour Money is Not SafeAmerican AlternativeDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingThe #1 Crypto for 2024InvestorPlaceMan Who Predicted 2008: “This Will be Worse.”AltimetryBiden out June 13; Kamala won’t replace him?Paradigm Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Red Rock Resorts, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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