Q3 EPS Forecast for Red Rock Resorts Decreased by Analyst

Red Rock Resorts, Inc. (NASDAQ:RRR) – Stock analysts at Zacks Research decreased their Q3 2025 earnings estimates for Red Rock Resorts in a research report issued to clients and investors on Thursday, May 22nd. Zacks Research analyst M. Kaushik now anticipates that the company will post earnings per share of $0.33 for the quarter, down from their previous estimate of $0.36. The consensus estimate for Red Rock Resorts’ current full-year earnings is $1.76 per share. Zacks Research also issued estimates for Red Rock Resorts’ Q4 2025 earnings at $0.40 EPS, Q1 2026 earnings at $0.45 EPS, Q2 2026 earnings at $0.39 EPS, Q3 2026 earnings at $0.36 EPS, Q4 2026 earnings at $0.42 EPS, FY2026 earnings at $1.61 EPS and Q1 2027 earnings at $0.39 EPS.

Red Rock Resorts (NASDAQ:RRR) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.33. The business had revenue of $497.86 million during the quarter, compared to the consensus estimate of $499.12 million. Red Rock Resorts had a return on equity of 71.00% and a net margin of 7.94%. Red Rock Resorts’s quarterly revenue was up 1.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.68 earnings per share.

A number of other equities analysts have also commented on the company. Truist Financial cut their price objective on Red Rock Resorts from $56.00 to $45.00 and set a “hold” rating on the stock in a research note on Wednesday, April 23rd. JMP Securities lowered their price target on shares of Red Rock Resorts from $59.00 to $55.00 and set a “market outperform” rating for the company in a report on Thursday, April 17th. Barclays dropped their price target on shares of Red Rock Resorts from $58.00 to $54.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 22nd. Macquarie reaffirmed an “outperform” rating and issued a $58.00 price objective on shares of Red Rock Resorts in a research note on Friday, May 2nd. Finally, Stifel Nicolaus lowered their target price on shares of Red Rock Resorts from $54.00 to $44.00 and set a “hold” rating for the company in a research note on Friday, May 2nd. Six research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $52.64.

Red Rock Resorts Trading Down 0.4%

NASDAQ RRR opened at $47.00 on Monday. The firm has a market capitalization of $4.98 billion, a PE ratio of 18.73, a price-to-earnings-growth ratio of 4.32 and a beta of 1.64. The business’s 50-day moving average price is $43.11 and its two-hundred day moving average price is $46.52. The company has a current ratio of 1.02, a quick ratio of 0.96 and a debt-to-equity ratio of 14.28. Red Rock Resorts has a 12 month low of $35.09 and a 12 month high of $61.73.

Red Rock Resorts Dividend Announcement

The business also recently announced an annual dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be given a dividend of $1.00 per share. The ex-dividend date is Monday, June 16th. This represents a dividend yield of 2.29%. Red Rock Resorts’s payout ratio is presently 38.76%.

Hedge Funds Weigh In On Red Rock Resorts

Several institutional investors have recently made changes to their positions in RRR. Bamco Inc. NY increased its position in Red Rock Resorts by 6.9% in the 4th quarter. Bamco Inc. NY now owns 11,356,201 shares of the company’s stock valued at $525,111,000 after buying an additional 732,917 shares in the last quarter. Vanguard Group Inc. grew its stake in Red Rock Resorts by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 5,181,146 shares of the company’s stock valued at $239,576,000 after acquiring an additional 50,193 shares during the period. Eminence Capital LP grew its stake in Red Rock Resorts by 20.5% in the first quarter. Eminence Capital LP now owns 2,478,311 shares of the company’s stock valued at $107,484,000 after acquiring an additional 421,723 shares during the period. Vaughan Nelson Investment Management L.P. increased its holdings in shares of Red Rock Resorts by 19.2% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 1,602,368 shares of the company’s stock valued at $69,494,000 after acquiring an additional 258,310 shares in the last quarter. Finally, Long Pond Capital LP increased its holdings in shares of Red Rock Resorts by 142.5% during the fourth quarter. Long Pond Capital LP now owns 1,474,153 shares of the company’s stock valued at $68,165,000 after acquiring an additional 866,320 shares in the last quarter. Institutional investors and hedge funds own 47.84% of the company’s stock.

Red Rock Resorts Company Profile

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.