NASDAQ:RRR Red Rock Resorts (RRR) Stock Price, News & Analysis → The “Perfect Storm” for Gold (From Gold Safe Exchange) (Ad) Free RRR Stock Alerts $58.66 -1.14 (-1.91%) (As of 04/17/2024 ET) Add Compare Share Share Today's Range$58.62▼$60.6150-Day Range$55.02▼$62.4852-Week Range$37.82▼$63.28Volume256,744 shsAverage Volume411,328 shsMarket Capitalization$6.17 billionP/E Ratio19.88Dividend Yield1.70%Price Target$60.67 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/Downside3.4% Upside$60.67 Price TargetShort InterestHealthy3.97% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider 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.3.10 out of 5 starsConsumer Discretionary Sector140th out of 261 stocksHotels & Motels Industry18th out of 27 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 9 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 1.67%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthRed Rock Resorts does not have a long track record of dividend growth.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 1.9 News and Social Media Coverage News SentimentRed Rock Resorts has a news sentiment score of 0.33. 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 lower news sentiment than the 0.47 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 1 news article 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 -50% 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 1.9 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 19.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.66.Price to Earnings Ratio vs. SectorThe P/E ratio of Red Rock Resorts is 19.88, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.05.Price to Earnings Growth RatioRed Rock Resorts has a PEG Ratio of 3.08. 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 25.18. 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 Gold Safe ExchangeThe “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.Click here now to download the free Precious Metals Buying Guide! 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 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 17, 2024 | Paradigm Press (Ad)Could Bitcoin Literally FORCE This Crypto To Rocket Up?Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…April 10, 2024 | americanbankingnews.comRed Rock Resorts (NASDAQ:RRR) Given New $53.00 Price Target at Morgan StanleyApril 9, 2024 | americanbankingnews.comRed Rock Resorts (NASDAQ:RRR) Given New $57.00 Price Target at Bank of AmericaApril 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 EstimateApril 17, 2024 | Paradigm Press (Ad)Could Bitcoin Literally FORCE This Crypto To Rocket Up?Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…March 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 ResultsFebruary 8, 2024 | markets.businessinsider.comStrong Performance and Promising Outlook: Buy Rating for Red Rock ResortsFebruary 8, 2024 | markets.businessinsider.comNavigating 8 Analyst Ratings For Red Rock ResortsFebruary 8, 2024 | finance.yahoo.comRed Rock Resorts (RRR) Q4 Earnings & Revenues Beat EstimatesSee 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 Payable3/29/2024Today4/17/2024Next Earnings (Confirmed)5/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Discretionary Industry Hotels & motels 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$60.67 High Stock Price Target$69.00 Low Stock Price Target$53.00 Potential Upside/Downside+3.4%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$2.95 Trailing P/E Ratio19.88 Forward P/E Ratio30.39 P/E Growth3.08Net 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 / Sales3.58 Cash Flow$2.88 per share Price / Cash Flow20.38 Book Value$2.33 per share Price / Book25.18Miscellaneous Outstanding Shares105,190,000Free Float48,176,000Market Cap$6.17 billion OptionableOptionable Beta2.06 Social Links 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Frank J. Fertitta III (Age 62)Chairman & CEO Comp: $3.26MMr. Scott Kreeger (Age 57)President Comp: $2.57MMr. Stephen Cootey (Age 55)Executive VP, CFO & Treasurer Comp: $1.78MMr. Jeffrey T. Welch (Age 61)Executive VP & Chief Legal Officer Comp: $1.66MMr. Robert A. Finch (Age 63)Executive Officer Comp: $1.37MMr. 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 & InstitutionsVanguard 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)Price T Rowe Associates Inc. MDSold 383,651 shares on 2/16/2024Ownership: 0.363%Nuveen Asset Management LLCBought 1,471 shares on 2/15/2024Ownership: 0.131%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 research analysts have issued "buy," "hold," and "sell" ratings for Red Rock Resorts in the last twelve months. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street 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 brokerages have issued 12 month price objectives for Red Rock Resorts' stock. Their RRR share price targets range from $53.00 to $69.00. On average, they predict the company's share price to reach $60.67 in the next year. This suggests a possible upside of 3.4% 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 beginning of the year. Since then, RRR shares have increased by 10.0% and is now trading at $58.66. 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) issued its quarterly earnings results on Wednesday, February, 7th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.55. The firm 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 firm's revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period in the prior year, the company posted $1.00 EPS. How often does Red Rock Resorts pay dividends? What is the dividend yield for Red Rock Resorts? Red Rock Resorts announced a quarterly dividend on Wednesday, February 7th. Stockholders of record on Friday, March 15th will be given a dividend of $0.25 per share on Friday, March 29th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date of this dividend 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 1.67%. 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), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Invesco DWA SmallCap Momentum ETF (DWAS) and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS).Small Cap US Equity Select ETF (RNSC). 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 on Wednesday, April 27th 2016. The company issued 27,300,000 shares at a price of $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. 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 4/17/2024 by MarketBeat.com Staff From Our Partners[Urgent!] Generational Wealth GameplanCrypto 101 MediaDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsThe “Perfect Storm” for GoldGold Safe ExchangeThe "Smart Money" Is Ready for May 1st Are You?Stansberry ResearchOptions trading has suddenly become more reliable.Eagle PublishingTop 5 AI Stocks to Buy for 2024Market Moving TrendsTop 5 Tech Stocks to Buy for 2024Daily Market AlertsYou won't believe what Citigroup just did to it's depositorsAmerican Alternative 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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