NASDAQ:RRR Red Rock Resorts (RRR) Stock Price, News & Analysis $57.76 +1.27 (+2.25%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$57.04▼$58.5050-Day Range$48.57▼$61.2452-Week Range$37.82▼$63.28Volume391,395 shsAverage Volume457,075 shsMarket Capitalization$6.10 billionP/E Ratio20.06Dividend Yield1.73%Price Target$63.33 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 Buy2.58 Rating ScoreUpside/Downside9.6% Upside$63.33 Price TargetShort InterestHealthy4.03% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.49Based on 36 Articles This WeekInsider TradingBalancedInsiders Both Buying and SellingProj. Earnings Growth19.32%From $1.76 to $2.10 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.3.83 out of 5 starsConsumer Discretionary Sector96th out of 279 stocksHotels & Motels Industry17th out of 27 stocks 2.3 Analyst's Opinion Consensus RatingRed Rock Resorts has received a consensus rating of Moderate Buy. The company's average rating score is 2.58, and is based on 7 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageRed Rock Resorts has been the subject of 11 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 3.0 Short Interest Percentage of Shares Shorted4.03% 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.Change versus previous monthShort interest in Red Rock Resorts has recently decreased by 4.65%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldRed Rock Resorts pays a meaningful dividend of 1.78%, 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 47.62% 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 0.49. 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 news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 36 news articles for Red Rock Resorts this week, compared to 4 articles on an average week.Search Interest24 people have searched for RRR on MarketBeat in the last 30 days. This is an increase of 700% 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 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Red Rock Resorts are expected to grow by 19.32% in the coming year, from $1.76 to $2.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Red Rock Resorts is 20.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.26.Price to Earnings Ratio vs. SectorThe P/E ratio of Red Rock Resorts is 20.06, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.07.Price to Earnings Growth RatioRed Rock Resorts has a PEG Ratio of 2.79. 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 24.79. 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 Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. 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 HeadlinesJuly 26 at 5:02 AM | americanbankingnews.comRed Rock Resorts (NASDAQ:RRR) PT Raised to $62.00 at Stifel NicolausJuly 26 at 5:02 AM | americanbankingnews.comJPMorgan Chase & Co. Increases Red Rock Resorts (NASDAQ:RRR) Price Target to $69.00July 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 25 at 4:14 PM | msn.comWells Fargo Downgrades Red Rock Resorts (RRR)July 25 at 11:12 AM | markets.businessinsider.comMaintaining Hold on Red Rock Resorts: Fair Valuation Amidst Solid Performance and Balanced ProspectsJuly 25 at 7:39 AM | americanbankingnews.comRed Rock Resorts (NASDAQ:RRR) Given New $65.00 Price Target at BarclaysJuly 25 at 7:39 AM | americanbankingnews.comRed Rock Resorts (NASDAQ:RRR) Price Target Raised to $65.00 at MacquarieJuly 25 at 6:28 AM | americanbankingnews.comRed Rock Resorts (NASDAQ:RRR) Downgraded by Wells Fargo & Company to "Equal Weight"July 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 24 at 3:32 PM | americanbankingnews.comRed Rock Resorts (NASDAQ:RRR) Posts Quarterly Earnings Results, Beats Estimates By $0.16 EPSJuly 24 at 1:02 PM | americanbankingnews.comRed Rock Resorts (NASDAQ:RRR) Shares Gap Down Following Analyst DowngradeJuly 24 at 11:31 AM | americanbankingnews.comSusquehanna Boosts Red Rock Resorts (NASDAQ:RRR) Price Target to $70.00July 24 at 10:48 AM | americanbankingnews.comRed Rock Resorts (NASDAQ:RRR) Issues Quarterly Earnings ResultsJuly 24 at 9:28 AM | americanbankingnews.comRed Rock Resorts (NASDAQ:RRR) Given New $63.00 Price Target at Truist FinancialJuly 24 at 9:23 AM | finanznachrichten.deRed Rock Resorts, Inc.: Red Rock Resorts Announces Second Quarter 2024 ResultsJuly 24 at 9:23 AM | msn.comRed Rock Resorts, Inc. (NASDAQ:RRR) Q2 2024 Earnings Call TranscriptJuly 24 at 4:22 AM | markets.businessinsider.comRed Rock Resorts Earns ‘Buy’ Rating on Strong Q2 Performance and Promising Market OutlookJuly 23 at 11:20 PM | seekingalpha.comRed Rock Resorts, Inc. (RRR) Q2 2024 Earnings Call TranscriptSee 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 6/28 Dividend6/14/2024Dividend Payable6/28/2024Last Earnings7/23/2024Today7/26/2024Next Earnings (Estimated)11/05/2024Fiscal 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$63.33 High Stock Price Target$70.00 Low Stock Price Target$54.00 Potential Upside/Downside+9.9%Consensus RatingModerate Buy Rating Score (0-4)2.58 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$2.88 Trailing P/E Ratio20.02 Forward P/E Ratio32.76 P/E Growth2.79Net Income$176 million Net Margins9.21% Pretax Margin20.78% Return on Equity87.05% Return on Assets4.33% Debt Debt-to-Equity Ratio18.49 Current Ratio0.90 Quick Ratio0.85 Sales & Book Value Annual Sales$1.72 billion Price / Sales3.53 Cash Flow$3.01 per share Price / Cash Flow19.14 Book Value$2.33 per share Price / Book24.74Miscellaneous Outstanding Shares105,600,000Free Float49,334,000Market Cap$6.09 billion OptionableOptionable Beta2.04 Social Links 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.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 & InstitutionsBank of New York Mellon CorpBought 24,992 shares on 7/26/2024Ownership: 0.383%Legato Capital Management LLCBought 7,503 shares on 7/26/2024Ownership: 0.012%Institute for Wealth Management LLC.Bought 4,322 shares on 7/25/2024Ownership: 0.011%Nisa Investment Advisors LLCSold 1,044 shares on 7/20/2024Ownership: 0.017%OFI Invest Asset ManagementBought 46,000 shares on 7/19/2024Ownership: 0.044%View All Insider TransactionsView All Institutional Transactions RRR Stock Analysis - Frequently Asked Questions How have RRR shares performed this year? Red Rock Resorts' stock was trading at $53.33 at the start of the year. Since then, RRR shares have increased by 8.3% and is now trading at $57.76. View the best growth stocks for 2024 here. How were Red Rock Resorts' earnings last quarter? Red Rock Resorts, Inc. (NASDAQ:RRR) released its quarterly earnings data on Tuesday, July, 23rd. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.43 by $0.16. The business's quarterly revenue was up 16.9% compared to the same quarter last year. 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. Does Red Rock Resorts have any subsidiaries? Red Rock Resorts subsidiaries include Amphenol Phoenix (Anji) Telecom Parts Co. Ltd.. When did Red Rock Resorts IPO? Red Rock Resorts (RRR) raised $532 million in an IPO on Wednesday, April 27th 2016. The company issued 27,300,000 shares at $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. Who are Red Rock Resorts' major shareholders? Top institutional shareholders of Red Rock Resorts include Vaughan Nelson Investment Management L.P. (1.13%), Bank of New York Mellon Corp (0.38%), Coronation Fund Managers Ltd. (0.10%) and OFI Invest Asset Management (0.04%). Insiders that own company stock include Lorenzo J Fertitta, Frank J Fertitta III, Stephen Lawrence Cootey and Robert A Finch. 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. What other stocks do shareholders of Red Rock Resorts own? Based on aggregate information from My MarketBeat watchlists, some other companies that Red Rock Resorts investors own include Xtrackers California Municipal Bond ETF (CA), NVIDIA (NVDA), BlackRock (BLK), Endologix (ELGX), Boeing (BA), Micron Technology (MU) and QUALCOMM (QCOM). This page (NASDAQ:RRR) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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