NASDAQ:RRR Red Rock Resorts (RRR) Stock Price, News & Analysis → BREAKING – Pentagon to Spend $20 Billion on “Distributed AI” (From Behind the Markets) (Ad) Free RRR Stock Alerts $50.22 -4.14 (-7.62%) (As of 05/8/2024 ET) Add Compare Share Share Today's Range$48.17▼$52.5050-Day Range$50.22▼$62.4852-Week Range$37.82▼$63.28Volume2.05 million shsAverage Volume443,730 shsMarket Capitalization$5.28 billionP/E Ratio17.02Dividend Yield1.99%Price Target$61.67 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/Downside23.0% Upside$61.75 Price TargetShort InterestHealthy3.48% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.52Based on 18 Articles This WeekInsider TradingSelling Shares$434,205 Sold Last QuarterProj. Earnings Growth11.46%From $1.92 to $2.14 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.4.56 out of 5 starsConsumer Discretionary Sector34th out of 264 stocksHotels & Motels Industry7th out of 27 stocks 3.4 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.Read more about Red Rock Resorts' stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.48% 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 4.3.Change versus previous monthShort interest in Red Rock Resorts has recently decreased by 12.18%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldRed Rock Resorts pays a meaningful dividend of 1.84%, 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 46.73% next year. This indicates that Red Rock Resorts will be able to sustain or increase its dividend.Read more about Red Rock Resorts' 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 0.52. 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 news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 18 news articles for Red Rock Resorts this week, compared to 3 articles on an average week.Search Interest4 people have searched for RRR on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows3 people have added Red Rock Resorts to their MarketBeat watchlist in the last 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 Insiders53.28% 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.Read more about Red Rock Resorts' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Red Rock Resorts are expected to grow by 11.46% in the coming year, from $1.92 to $2.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Red Rock Resorts is 17.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.70.Price to Earnings Ratio vs. SectorThe P/E ratio of Red Rock Resorts is 17.02, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.35.Price to Earnings Growth RatioRed Rock Resorts has a PEG Ratio of 2.81. 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 21.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Red Rock Resorts' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsBREAKING – Pentagon to Spend $20 Billion on “Distributed AI”BREAKING - Pentagon to Spend $20 Billion on "Distributed AI" The U.S. Space Force calls it a "game changer." And one tiny firm is poised to win the contract to build it.Discover the name and ticker of this $2 stock here >>> 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 HeadlinesMay 8, 2024 | msn.comRed Rock Resorts slides after Durango cannibalization, unfavorable betting outcomes clip Q1 resultsMay 8, 2024 | finance.yahoo.comRed Rock Resorts, Inc. (NASDAQ:RRR) Q1 2024 Earnings Call TranscriptMay 8, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.May 8, 2024 | msn.comRed Rock Resorts Analysts Cut Their Forecasts After Q1 ResultsMay 8, 2024 | finance.yahoo.comRed Rock Resorts Inc (RRR) (Q4 2024) Earnings Call Transcript Highlights: Key Financial ...May 7, 2024 | investorplace.comRRR Stock Earnings: Red Rock Resorts Beats EPS, Misses Revenue for Q1 2024May 7, 2024 | finance.yahoo.comRed Rock Resorts (NASDAQ:RRR) Reports Q1 In Line With Expectations But Stock DropsMay 7, 2024 | finance.yahoo.comRed Rock Resorts Q1 2024 Earnings: A Close Call with Analyst ProjectionsMay 8, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.May 7, 2024 | prnewswire.comRed Rock Resorts Announces First Quarter 2024 ResultsMay 6, 2024 | finance.yahoo.comEarnings To Watch: Red Rock Resorts (RRR) Reports Q1 Results TomorrowApril 30, 2024 | americanbankingnews.comRed Rock Resorts (RRR) Scheduled to Post Quarterly Earnings on TuesdayApril 30, 2024 | americanbankingnews.comRed Rock Resorts, Inc. (NASDAQ:RRR) Given Average Recommendation of "Moderate Buy" by AnalystsApril 29, 2024 | seekingalpha.comRed Rock Resorts: Under The Radar Despite Solid PerformanceApril 28, 2024 | americanbankingnews.comRed Rock Resorts (NASDAQ:RRR) Shares Down 7.1% April 22, 2024 | finance.yahoo.comRed Rock Resorts (NASDAQ:RRR) Is Experiencing Growth In Returns On CapitalApril 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 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 NotesSee 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 Ex-Dividend for 3/4 Dividend2/21/2024Dividend Payable3/04/2024Ex-Dividend for 3/29 Dividend3/14/2024Dividend Payable3/29/2024Last Earnings5/07/2024Today5/08/2024Next Earnings (Estimated)8/01/2024Fiscal 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$61.75 High Stock Price Target$69.00 Low Stock Price Target$53.00 Potential Upside/Downside+22.8%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$2.95 Trailing P/E Ratio17.02 Forward P/E Ratio26.16 P/E Growth2.81Net 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 / Sales3.06 Cash Flow$2.72 per share Price / Cash Flow18.48 Book Value$2.33 per share Price / Book21.55Miscellaneous Outstanding Shares105,190,000Free Float49,144,000Market Cap$5.28 billion OptionableOptionable Beta2.08 Social Links 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.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 CompetitorsWyndham Hotels & ResortsNYSE:WHChoice Hotels InternationalNYSE:CHHBoyd GamingNYSE:BYDWyndham DestinationsNYSE:WYNDCaesars EntertainmentNASDAQ:CZRView All CompetitorsInsiders & InstitutionsRussell Investments Group Ltd.Sold 10,313 shares on 5/8/2024Ownership: 0.011%ProShare Advisors LLCBought 674 shares on 5/8/2024Ownership: 0.008%Headlands Technologies LLCBought 1,306 shares on 5/8/2024Ownership: 0.001%Lisanti Capital Growth LLCBought 37,785 shares on 5/7/2024Ownership: 0.036%SG Americas Securities LLCBought 3,951 shares on 5/7/2024Ownership: 0.004%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 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 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 brokers have issued twelve-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 share price to reach $61.75 in the next year. This suggests a possible upside of 23.0% 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 shares have decreased by 5.8% and is now trading at $50.22. 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 Thursday, August 1st 2024. View our RRR earnings forecast. How were Red Rock Resorts' earnings last quarter? Red Rock Resorts, Inc. (NASDAQ:RRR) announced its earnings results on Tuesday, May, 7th. The company reported $0.68 EPS for the quarter, topping analysts' consensus estimates of $0.50 by $0.18. The business had revenue of $488.90 million for the quarter, compared to analysts' expectations of $490.49 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 12.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.75 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 annualized dividend and a yield of 1.99%. 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 1.84%. 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 46.73% 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 KraneShares Global Luxury Index ETF (KLXY).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 (IPO) 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 acted 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 a variety of retail and institutional investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (0.90%), Coronation Fund Managers Ltd. (0.10%), Lisanti Capital Growth LLC (0.04%), BNP Paribas Financial Markets (0.03%), Principal Financial Group Inc. (0.01%) and Russell Investments Group Ltd. (0.01%). 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 5/8/2024 by MarketBeat.com Staff From Our PartnersThe #1 Biotech Stock to Watch in 2024 is Attacking Viruses in a Unique WaySmallcaps DailyTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaAI “wealth window” is closing June 25thParadigm PressCharles Payne Demystifies OptionsUnstoppable ProsperityThe AI Stock that’s Disrupting Every IndustryStockEarningsShocking: One AI startup's revenue could surge 4,735%Manward Press[URGENT] DO NOT Touch These AI Stocks!Weiss RatingsHe Is Giving Away BitcoinCrypto Swap Profits 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.