NASDAQ:RRR Red Rock Resorts (RRR) Stock Price, News & Analysis → Biden Nomination CANCELED? (From The Freeport Society) (Ad) Free RRR Stock Alerts $51.25 +1.50 (+3.02%) (As of 05/31/2024 ET) Add Compare Share Share Today's Range$49.57▼$51.5650-Day Range$48.57▼$62.4852-Week Range$37.82▼$63.28Volume508,295 shsAverage Volume591,827 shsMarket Capitalization$5.41 billionP/E Ratio17.80Dividend Yield1.95%Price Target$61.58 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Red Rock Resorts alerts: Email Address Red Rock Resorts MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside20.2% Upside$61.58 Price TargetShort InterestBearish3.62% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.49Based on 13 Articles This WeekInsider TradingBalancedInsiders Both Buying and SellingProj. Earnings Growth15.93%From $1.82 to $2.11 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.4.26 out of 5 starsConsumer Discretionary Sector73rd out of 269 stocksHotels & Motels Industry15th out of 27 stocks 3.3 Analyst's Opinion Consensus RatingRed Rock Resorts has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 8 buy ratings, 4 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.Read more about Red Rock Resorts' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.62% 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 4.1.Change versus previous monthShort interest in Red Rock Resorts has recently increased by 12.88%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldRed Rock Resorts pays a meaningful dividend of 2.01%, 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 34.72%. 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 47.39% 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 2.5 News and Social Media Coverage News SentimentRed Rock Resorts has a news sentiment score of 0.49. 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 0.68 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 13 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 FollowsOnly 3 people have added Red Rock Resorts to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 just slightly more of their company's stock than they have bought. Specifically, they have bought $40,312,000.00 in company stock and sold $40,312,000.00 in company stock. It is common for insiders to sell company stock at intervals simply to diversify their holdings.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 3.1 Earnings and Valuation Earnings GrowthEarnings for Red Rock Resorts are expected to grow by 15.93% in the coming year, from $1.82 to $2.11 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Red Rock Resorts is 17.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.63.Price to Earnings Ratio vs. SectorThe P/E ratio of Red Rock Resorts is 17.80, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.63.Price to Earnings Growth RatioRed Rock Resorts has a PEG Ratio of 2.38. 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 29.12. 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 Wealthpin ProAre You Positioned For The New Energy Goldrush?Open AI’s Sam Altman recently helped this company raise $577 million in funding… What’s more is, It has already inked deals with the Department of Energy.Click here to get all the information about it. 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 21, 2024 | insidertrades.comRed Rock Resorts, Inc. (NASDAQ:RRR) CEO Frank J. Fertitta III Sells 800,000 SharesMay 21, 2024 | insidertrades.comRed Rock Resorts, Inc. (NASDAQ:RRR) CEO Sells $40,312,000.00 in StockMay 31 at 8:26 AM | americanbankingnews.comZacks Research Analysts Reduce Earnings Estimates for Red Rock Resorts, Inc. (NASDAQ:RRR)May 31 at 1:26 AM | americanbankingnews.comQ2 2024 EPS Estimates for Red Rock Resorts, Inc. (NASDAQ:RRR) Lifted by AnalystMay 29, 2024 | 247wallst.comRed Rock Resorts Inc - Class AMay 29, 2024 | finance.yahoo.comRed Rock Resorts (NASDAQ:RRR) Will Pay A Dividend Of $0.25May 25, 2024 | finance.yahoo.comThis Is Why We Think Red Rock Resorts, Inc.'s (NASDAQ:RRR) CEO Might Get A Pay Rise Approved By ShareholdersMay 25, 2024 | americanbankingnews.comRed Rock Resorts, Inc. (NASDAQ:RRR) Given Consensus Recommendation of "Moderate Buy" by BrokeragesMay 19, 2024 | 247wallst.comCEOs and Other Insiders Are Buying Shares of These 7 StocksMay 17, 2024 | investing.comRed Rock Resorts Inc (RRR)May 13, 2024 | msn.comB of A Securities Upgrades Red Rock Resorts (RRR)May 9, 2024 | finance.yahoo.comRed Rock Resorts First Quarter 2024 Earnings: EPS Beats ExpectationsMay 9, 2024 | finanznachrichten.deRed Rock Resorts, Inc.: Red Rock Resorts Announces First Quarter 2024 ResultsMay 9, 2024 | markets.businessinsider.comChad Beynon Reiterates Buy Rating on Red Rock Resorts Citing Strong Performance and Growth PotentialMay 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 | 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 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 29, 2024 | seekingalpha.comRed Rock Resorts: Under The Radar Despite Solid PerformanceApril 22, 2024 | finance.yahoo.comRed Rock Resorts (NASDAQ:RRR) Is Experiencing Growth In Returns On CapitalSee 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 3/29 Dividend3/14/2024Dividend Payable3/29/2024Last Earnings5/07/2024Today6/01/2024Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Next 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$61.58 High Stock Price Target$69.00 Low Stock Price Target$53.00 Potential Upside/Downside+20.2%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$2.88 Trailing P/E Ratio17.80 Forward P/E Ratio28.16 P/E Growth2.38Net Income$176 million Net Margins9.79% Pretax Margin20.78% Return on Equity98.44% Return on Assets4.50% Debt Debt-to-Equity Ratio18.49 Current Ratio0.90 Quick Ratio0.85 Sales & Book Value Annual Sales$1.72 billion Price / Sales3.14 Cash Flow$3.03 per share Price / Cash Flow16.91 Book Value$1.76 per share Price / Book29.12Miscellaneous Outstanding Shares105,600,000Free Float49,334,000Market Cap$5.41 billion OptionableOptionable Beta2.08 Social Links The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.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 DestinationsNYSE:WYNDInterContinental Hotels GroupNYSE:IHGHyatt HotelsNYSE:HMGM Resorts InternationalNYSE:MGMH World GroupNASDAQ:HTHTView All CompetitorsInsiders & InstitutionsComerica BankBought 14,959 shares on 5/17/2024Ownership: 0.254%Walleye Trading LLCSold 1,800 shares on 5/17/2024Ownership: 0.000%California State Teachers Retirement SystemSold 2,630 shares on 5/16/2024Ownership: 0.047%EJF Capital LLCBought 3,777 shares on 5/16/2024Ownership: 0.022%Virtus Investment Advisers Inc.Sold 7,514 shares on 5/16/2024Ownership: 0.011%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 year. There are currently 4 hold ratings and 8 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 expect the company's stock price to reach $61.58 in the next twelve months. This suggests a possible upside of 20.2% 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 2024. Since then, RRR shares have decreased by 3.9% and is now trading at $51.25. 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) posted its quarterly earnings results on Tuesday, May, 7th. The company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.18. The business had revenue of $488.90 million for the quarter, compared to analyst estimates of $490.49 million. Red Rock Resorts had a net margin of 9.79% and a trailing twelve-month return on equity of 98.44%. Red Rock Resorts's revenue for the quarter was up 12.7% on a year-over-year basis. During the same quarter last year, the company earned $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 Tuesday, May 7th. Stockholders of record on Friday, June 14th will be given a dividend of $0.25 per share on Friday, June 28th. This represents a $1.00 annualized dividend and a dividend yield of 1.95%. The ex-dividend date is Friday, June 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 2.01%. The dividend payout ratio is 34.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RRR will have a dividend payout ratio of 47.39% 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) and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS).Invesco DWA SmallCap Momentum ETF (DWAS). 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 institutional and retail investors. Top institutional investors include Bamco Inc. NY (9.90%), Vanguard Group Inc. (4.88%), Westfield Capital Management Co. LP (1.26%), Vaughan Nelson Investment Management L.P. (0.90%), Price T Rowe Associates Inc. MD (0.36%) and Comerica Bank (0.25%). Insiders that own company stock include Frank J Fertitta III, Lorenzo J Fertitta, 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. 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