Zacks Research Analysts Raise Earnings Estimates for RRR

Key Points

• Zacks Research has raised its Q3 2025 earnings estimate for Red Rock Resorts to $0.37 EPS, up from $0.33, while the consensus estimate for the full year is $1.76 EPS.
• Several analysts have given Red Rock Resorts a positive outlook with a consensus target price of $60.73 and multiple "outperform" ratings.
• The company announced a quarterly dividend of $0.25, representing a yield of 1.7%, payable on September 30th to shareholders on record by September 15th.

Red Rock Resorts, Inc. (NASDAQ:RRR - Free Report) - Equities researchers at Zacks Research boosted their Q3 2025 EPS estimates for shares of Red Rock Resorts in a note issued to investors on Monday, August 11th. Zacks Research analyst M. Kaushik now expects that the company will post earnings of $0.37 per share for the quarter, up from their previous forecast of $0.33. 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 $0.45 EPS, Q1 2026 earnings at $0.51 EPS, Q2 2026 earnings at $0.46 EPS, Q3 2026 earnings at $0.41 EPS, Q4 2026 earnings at $0.47 EPS, FY2026 earnings at $1.85 EPS, Q1 2027 earnings at $0.48 EPS, Q2 2027 earnings at $0.47 EPS and FY2027 earnings at $1.90 EPS.

Several other equities research analysts also recently weighed in on RRR. Susquehanna reissued a "positive" rating and issued a $68.00 target price (up previously from $65.00) on shares of Red Rock Resorts in a research report on Wednesday, July 30th. Mizuho boosted their target price on shares of Red Rock Resorts from $59.00 to $62.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Citigroup reissued an "outperform" rating on shares of Red Rock Resorts in a research report on Friday, July 18th. Macquarie reissued an "outperform" rating and issued a $58.00 target price on shares of Red Rock Resorts in a research report on Friday, May 2nd. Finally, JMP Securities boosted their target price on shares of Red Rock Resorts from $57.00 to $64.00 and gave the stock a "market outperform" rating in a research report on Wednesday, July 30th. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Red Rock Resorts presently has an average rating of "Moderate Buy" and a consensus price target of $60.73.

Red Rock Resorts Stock Down 2.5%

Red Rock Resorts stock traded down $1.54 during midday trading on Wednesday, hitting $59.04. 698,079 shares of the stock were exchanged, compared to its average volume of 868,391. Red Rock Resorts has a 1 year low of $35.09 and a 1 year high of $62.00. The firm has a market cap of $6.26 billion, a P/E ratio of 20.08, a P/E/G ratio of 2.45 and a beta of 1.66. The company has a debt-to-equity ratio of 11.28, a current ratio of 0.89 and a quick ratio of 0.84. The company has a 50 day moving average price of $54.55 and a two-hundred day moving average price of $48.86.

Red Rock Resorts (NASDAQ:RRR - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.55. Red Rock Resorts had a net margin of 8.89% and a return on equity of 59.97%. The firm had revenue of $526.27 million for the quarter, compared to the consensus estimate of $485.44 million. During the same quarter in the previous year, the firm posted $0.59 EPS. The firm's quarterly revenue was up 8.2% on a year-over-year basis.

Institutional Trading of Red Rock Resorts

A number of institutional investors have recently made changes to their positions in the stock. Two Sigma Securities LLC acquired a new stake in shares of Red Rock Resorts in the 2nd quarter worth approximately $1,022,000. Tidal Investments LLC lifted its stake in shares of Red Rock Resorts by 43.6% in the 2nd quarter. Tidal Investments LLC now owns 8,430 shares of the company's stock worth $439,000 after acquiring an additional 2,559 shares during the period. Holocene Advisors LP lifted its stake in shares of Red Rock Resorts by 4.1% in the 2nd quarter. Holocene Advisors LP now owns 83,097 shares of the company's stock worth $4,324,000 after acquiring an additional 3,289 shares during the period. Hudson Bay Capital Management LP acquired a new stake in shares of Red Rock Resorts in the 2nd quarter worth approximately $7,359,000. Finally, Eminence Capital LP lifted its stake in shares of Red Rock Resorts by 23.4% in the 2nd quarter. Eminence Capital LP now owns 3,059,372 shares of the company's stock worth $159,179,000 after acquiring an additional 581,061 shares during the period. 47.84% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Red Rock Resorts news, CFO Stephen Lawrence Cootey sold 121,400 shares of the business's stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $60.04, for a total transaction of $7,288,856.00. Following the completion of the transaction, the chief financial officer directly owned 260,268 shares of the company's stock, valued at $15,626,490.72. The trade was a 31.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Kord Nichols sold 42,325 shares of the business's stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $58.61, for a total transaction of $2,480,668.25. Following the transaction, the chief operating officer directly owned 129,361 shares of the company's stock, valued at $7,581,848.21. The trade was a 24.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 225,628 shares of company stock valued at $13,501,984. Company insiders own 53.81% of the company's stock.

Red Rock Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $1.00 annualized dividend and a dividend yield of 1.7%. Red Rock Resorts's payout ratio is 34.01%.

About Red Rock Resorts

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.