Red Rock Resorts Company Profile (NASDAQ:RRR)

About Red Rock Resorts (NASDAQ:RRR)

Red Rock Resorts, Inc. is a gaming, development and management company. The Company's segments include Las Vegas operations, Native American management, and Corporate and other. The Las Vegas operations segment includes all of its Las Vegas area casino properties and the Native American management segment includes its Native American management arrangements. It provides gaming and entertainment for residents of the Las Vegas regional market and visitors. Its Las Vegas portfolio includes approximately 10 gaming and entertainment facilities and over 10 smaller casinos, offering approximately 20,300 slot machines, over 350 table games and approximately 4,750 hotel rooms. The Company offers a range of gaming and non-gaming entertainment options. It also controls over seven gaming-entitled development sites consisting of approximately 398 acres in Las Vegas and Reno, Nevada. The Company manages and owns interest in Station Casinos LLC, which is the provider of gaming and entertainment.

Industry, Sector and Symbol:

Sector: Consumer Discretionary
Industry: Casinos & Gaming
Sub-Industry: N/A
Symbol: NASDAQ:RRR
CUSIP: N/A
Web: www.redrockresorts.com

Capitalization:

Market Cap: $1.59 billion
Outstanding Shares: 67,836,000

Average Prices:

50 Day Moving Avg: $22.73
200 Day Moving Avg: $22.73
52 Week Range: $21.07 - $24.67

P/E:

Trailing P/E Ratio: 59.82
Foreward P/E Ratio: 23.05
P/E Growth: 16.84

Sales & Book Value:

Annual Revenue: $1.56 billion
Price / Sales: 1.02
Book Value: $4.95 per share
Price / Book: 4.75

Dividend:

Annual Dividend: $0.40
Dividend Yield: 1.7%

Profitability:

EBIDTA: $497.16 million
Net Margins: 1.44%
Return on Equity: 14.05%
Return on Assets: 2.50%

Debt:

Debt-to-Equity Ratio: 4.18%
Current Ratio: 0.91%
Quick Ratio: 0.87%

Misc:

Average Volume: 900,686 shs.
Beta: 0.69
Short Ratio: 5.32

Frequently Asked Questions for Red Rock Resorts (NASDAQ:RRR)

What is Red Rock Resorts' stock symbol?

Red Rock Resorts trades on the NASDAQ under the ticker symbol "RRR."

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 Friday, August 4th. Stockholders of record on Tuesday, August 15th will be paid a dividend of $0.10 per share on Thursday, August 31st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date of this dividend is Friday, August 11th. View Red Rock Resorts' Dividend History.

How were Red Rock Resorts' earnings last quarter?

Red Rock Resorts, Inc. (NASDAQ:RRR) announced its quarterly earnings results on Monday, August, 15th. The company reported $0.01 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.40 by $0.39. The firm earned $351.50 million during the quarter, compared to analysts' expectations of $350.07 million. Red Rock Resorts had a return on equity of 14.05% and a net margin of 1.44%. The business's revenue was up 4.1% on a year-over-year basis. View Red Rock Resorts' Earnings History.

When will Red Rock Resorts make its next earnings announcement?

Red Rock Resorts is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Red Rock Resorts.

Where is Red Rock Resorts' stock going? Where will Red Rock Resorts' stock price be in 2017?

11 brokers have issued 12 month price objectives for Red Rock Resorts' stock. Their forecasts range from $23.00 to $29.00. On average, they anticipate Red Rock Resorts' stock price to reach $26.25 in the next twelve months. View Analyst Ratings for Red Rock Resorts.

Who are some of Red Rock Resorts' key competitors?

Some companies that are related to Red Rock Resorts include Boyd Gaming Corporation (BYD), Ladbrokes Coral Group PLC (LCL), William Hill plc (WMH), Caesars Entertainment Corporation (CZR), Pinnacle Entertainment (PNK), 888 Holdings Public Limited Company (888), Rank Group PLC (RNK), Jackpotjoy PLC (JPJ), Golden Entertainment (GDEN), Sportech plc (SPO), Betfair Group Ltd (BET), Bwin.party Digital Entertainment Plc (BPTY), Eldorado Resorts (ERI), Isle of Capri Casinos (ISLE) and Ladbrokes Coral Group PLC (LAD).

Who are Red Rock Resorts' key executives?

Red Rock Resorts' management team includes the folowing people:

Frank J. Fertitta III, Chairman of the Board, Chief Executive Officer
Richard J. Haskins, President
Marc J. Falcone, Chief Financial Officer, Executive Vice President, Treasurer
Daniel J. Roy, Chief Operating Officer, Executive Vice President
Stephen L. Cootey, Executive Vice President, Chief Administrative Officer
James E. Nave, Lead Independent Director
Robert A. Cashell Sr., Independent Director
Lorenzo J. Fertitta, Independent Director
Robert E. Lewis, Independent Director

When did Red Rock Resorts IPO?

(RRR) raised $532 million in an initial public offering 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 owns Red Rock Resorts stock?

Red Rock Resorts' stock is owned by many different of retail and institutional investors. Top institutional investors include FMR LLC (10.71%), Bamco Inc. NY (8.44%), Vanguard Group Inc. (7.35%), Diamond Hill Capital Management Inc. (6.99%), JPMorgan Chase & Co. (5.25%) and Goldman Sachs Group Inc. (2.70%). View Institutional Ownership Trends for Red Rock Resorts.

Who sold Red Rock Resorts stock? Who is selling Red Rock Resorts stock?

Red Rock Resorts' stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Voya Investment Management LLC, Spark Investment Management LLC, Artemis Investment Management LLP, Stoneridge Investment Partners LLC, OxFORD Asset Management LLP, Parametric Portfolio Associates LLC and Crystal Rock Capital Management. View Insider Buying and Selling for Red Rock Resorts.

Who bought Red Rock Resorts stock? Who is buying Red Rock Resorts stock?

Red Rock Resorts' stock was bought by a variety of institutional investors in the last quarter, including Bamco Inc. NY, Marshall Wace North America L.P., Vanguard Group Inc., Citadel Advisors LLC, State Street Corp, Northern Trust Corp, Principal Financial Group Inc. and Eagle Asset Management Inc.. View Insider Buying and Selling for Red Rock Resorts.

How do I buy Red Rock Resorts stock?

Shares of Red Rock Resorts can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Red Rock Resorts' stock price today?

One share of Red Rock Resorts stock can currently be purchased for approximately $23.51.

MarketBeat Community Rating for Red Rock Resorts (NASDAQ RRR)

Community Ranking:		2.9 out of 5 ( )
Outperform Votes:		127 (Vote Outperform)
Underperform Votes:		90 (Vote Underperform)
Total Votes:		217

MarketBeat's community ratings are surveys of what our community members think about Red Rock Resorts and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Consensus Ratings for Red Rock Resorts (NASDAQ:RRR) (How are Consensus Ratings Calculated?)

Ratings Breakdown:	2 Hold Ratings, 9 Buy Ratings
Consensus Rating:	Buy (Score: 2.82)
Consensus Price Target:	$26.25 (11.65% upside)

Analysts' Ratings History for Red Rock Resorts (NASDAQ:RRR)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
9/14/2017	SunTrust Banks, Inc.	Initiated Coverage	Buy -> Buy	$26.00	Low
7/14/2017	Stifel Nicolaus	Reiterated Rating	Buy	$27.00	Low
6/5/2017	Bank of America Corporation	Reiterated Rating	Buy	$24.50 -> $26.00	Medium
3/8/2017	Wells Fargo & Company	Reiterated Rating	Outperform		High
2/13/2017	Aegis	Initiated Coverage	Buy	$27.50	N/A
1/27/2017	Buckingham Research	Initiated Coverage	Buy	$27.00	N/A
12/15/2016	Goldman Sachs Group, Inc. (The)	Initiated Coverage	Neutral	$23.00	N/A
12/7/2016	Deutsche Bank AG	Boost Price Target	Buy	$26.00 -> $28.00	N/A
11/4/2016	Imperial Capital	Initiated Coverage	In -> In-Line	$23.00	N/A
10/14/2016	Gabelli	Initiated Coverage	Buy	$29.00	N/A
10/10/2016	Macquarie	Initiated Coverage	Outperform	$26.00	N/A
8/16/2016	Citigroup Inc.	Reiterated Rating	Buy	$25.00	N/A
8/16/2016	J P Morgan Chase & Co	Reiterated Rating	Buy		N/A

(Data available from 9/22/2015 forward)

Earnings History for Red Rock Resorts (NASDAQ:RRR)

Earnings by Quarter for Red Rock Resorts (NASDAQ:RRR)

Earnings History by Quarter for Red Rock Resorts (NASDAQ RRR)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
11/6/2017							N/A
5/4/2017	Q1 2017	$0.37	$0.30	$402.88 million	$417.73 million	View	Listen
3/7/2017	Q4 2016	$0.34	$0.37	$396.04 million	$394.60 million	View	Listen
11/7/2016	Q3	$0.26	$0.20	$335.42 million	$347.10 million	View	N/A
8/15/2016	Q216	$0.40	$0.01	$350.07 million	$351.50 million	View	Listen
1/26/2012		$0.09	$0.14			View	N/A
10/20/2011		$0.14	$0.15			View	N/A
7/21/2011		($0.02)	$0.02			View	N/A
4/20/2011		($0.22)	($0.49)			View	N/A
2/8/2011		($0.09)	($0.07)			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Red Rock Resorts (NASDAQ:RRR)

Current Year EPS Consensus Estimate: $1.33 EPS
Next Year EPS Consensus Estimate: $1.02 EPS

Current Dividend Information for Red Rock Resorts (NASDAQ:RRR)

Most Recent Dividend:	8/31/2017
Annual Dividend:	$0.40
Dividend Yield:	1.70%
Payout Ratio:	83.33% (Trailing 12 Months of Earnings) 30.08% (Based on This Year's Estimates) 39.22% (Based on Next Year's Estimates)

Dividend Payments by Quarter for Red Rock Resorts (NASDAQ:RRR)

Dividend History by Quarter for Red Rock Resorts (NASDAQ RRR)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
8/4/2017	quarterly	$0.10	1.67%	8/11/2017	8/15/2017	8/31/2017
5/4/2017	quarterly	$0.10	1.75%	5/12/2017	5/16/2017	5/30/2017
3/2/2017	quarterly	$0.10	1.81%	3/13/2017	3/15/2017	3/31/2017
11/4/2016	quarterly	$0.10	1.85%	11/10/2016	11/15/2016	11/30/2016
8/1/2016	special	$0.10		8/11/2016	8/15/2016	8/30/2016

(Data available from 1/1/2013 forward)

Insider Trading History for Red Rock Resorts (NASDAQ:RRR)
No insider trades for this company have been tracked by MarketBeat.com

Headline Trends for Red Rock Resorts (NASDAQ:RRR) Latest Headlines for Red Rock Resorts (NASDAQ:RRR)

Source:

Date	Headline
	Red Rock Resorts, Inc. (RRR) Upgraded to "Sell" at BidaskClub www.americanbankingnews.com - September 22 at 1:22 PM
	Red Rock Resorts, Inc. breached its 50 day moving average in a Bullish Manner : RRR-US : September 20, 2017 finance.yahoo.com - September 20 at 8:30 AM
	Head to Head Survey: Red Rock Resorts (RRR) versus Melco Crown Entertainment Limited (MLCO) www.americanbankingnews.com - September 18 at 10:50 PM
	Melco Crown Entertainment Limited (MLCO) & Red Rock Resorts (RRR) Financial Comparison www.americanbankingnews.com - September 17 at 12:34 PM
	BidaskClub Lowers Red Rock Resorts, Inc. (RRR) to Strong Sell www.americanbankingnews.com - September 16 at 5:18 PM
	Brokerages Expect Red Rock Resorts, Inc. (RRR) Will Announce Earnings of $0.21 Per Share www.americanbankingnews.com - September 16 at 12:12 AM
	Red Rock Resorts, Inc. : RRR-US: Dividend Analysis : August 15th, 2017 (record date) : By the numbers : September 14, 2017 finance.yahoo.com - September 15 at 8:24 AM
	Red Rock Resorts, Inc. (RRR) Coverage Initiated by Analysts at SunTrust Banks, Inc. www.americanbankingnews.com - September 14 at 11:06 PM
	Red Rock Resorts, Inc. (RRR) Lifted to Buy at ValuEngine www.americanbankingnews.com - September 9 at 10:26 AM
	Red Rock Resorts, Inc. (RRR) Given Consensus Recommendation of "Buy" by Brokerages www.americanbankingnews.com - September 9 at 2:34 AM
	Station Casinos LLC -- Moody's assigns B3 to Station's $550 mil. sr. notes; bank debt upgraded to Ba3; B1 CFR affirmed finance.yahoo.com - September 8 at 7:51 AM
	Eldorado Resorts (ERI) and Red Rock Resorts (RRR) Head to Head Survey www.americanbankingnews.com - September 5 at 8:34 AM
	Red Rock Resorts, Inc. (RRR) Expected to Post Quarterly Sales of $396.17 Million www.americanbankingnews.com - August 30 at 10:00 AM
	ETFs with exposure to Red Rock Resorts, Inc. : August 30, 2017 finance.yahoo.com - August 30 at 8:45 AM
	ETFs with exposure to Red Rock Resorts, Inc. : August 30, 2017 finance.yahoo.com - August 30 at 8:45 AM
	Reviewing Boyd Gaming Corporation (BYD) and Red Rock Resorts (RRR) www.americanbankingnews.com - August 26 at 10:08 PM
	Red Rock Resorts, Inc. :RRR-US: Earnings Analysis: Q2, 2017 By the Numbers : August 23, 2017 finance.yahoo.com - August 24 at 12:08 PM
	Glancy Prongay & Murray LLP Continues Investigation on Behalf of Red Rock Resorts, Inc. Investors finance.yahoo.com - August 23 at 10:57 AM
	BRIEF-Three Bays Capital LP reports 5.1 pct passive stake in Red Rock Resorts www.reuters.com - August 22 at 6:23 AM
	Red Rock Resorts, Inc. (RRR) Upgraded to "Hold" at Zacks Investment Research www.americanbankingnews.com - August 20 at 6:22 PM
	Red Rock Resorts, Inc. (NASDAQ:RRR) Given Consensus Rating of "Buy" by Brokerages www.americanbankingnews.com - August 15 at 2:38 AM
	Red Rock Resorts (RRR) versus Eldorado Resorts (ERI) Critical Review www.americanbankingnews.com - August 15 at 2:20 AM
	Red Rock Resorts, Inc. (NASDAQ:RRR) Downgraded to Strong Sell at Zacks Investment Research www.americanbankingnews.com - August 14 at 12:26 AM
	$397.86 Million in Sales Expected for Red Rock Resorts, Inc. (NASDAQ:RRR) This Quarter www.americanbankingnews.com - August 12 at 5:02 PM
	Analyzing Red Rock Resorts (RRR) and Churchill Downs, (CHDN) www.americanbankingnews.com - August 12 at 11:14 AM
	Investor Network: Red Rock Resorts, Inc. Class A to Host Earnings Call finance.yahoo.com - August 9 at 7:02 AM
	Red Rock Resorts Announces Second Quarter 2017 Results finance.yahoo.com - August 9 at 7:02 AM
	Edited Transcript of RRR earnings conference call or presentation 8-Aug-17 8:30pm GMT finance.yahoo.com - August 9 at 7:02 AM
	6 Small Cap Stocks to Beat This Aging Bull Market finance.yahoo.com - August 9 at 7:02 AM
	Red Rock Resorts, Inc. to Issue Dividend of $0.10 (RRR) www.americanbankingnews.com - August 6 at 11:46 AM
	Red Rock Resorts, Inc. breached its 50 day moving average in a Bearish Manner : RRR-US : August 3, 2017 finance.yahoo.com - August 4 at 7:47 AM
	Red Rock Resorts, Inc. breached its 50 day moving average in a Bearish Manner : RRR-US : August 3, 2017 finance.yahoo.com - August 4 at 7:47 AM
	Red Rock Resorts (RRR) & Pinnacle Entertainment (PNK) Head to Head Analysis www.americanbankingnews.com - August 1 at 12:18 AM
	Head to Head Contrast: Red Rock Resorts (NASDAQ:RRR) & Churchill Downs, (CHDN) www.americanbankingnews.com - July 22 at 10:24 AM
	$406.44 Million in Sales Expected for Red Rock Resorts, Inc. (RRR) This Quarter www.americanbankingnews.com - July 22 at 8:02 AM
	RED ROCK RESORTS INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Red Rock Resorts, Inc. - RRR feeds.benzinga.com - July 21 at 11:33 PM
	Red Rock Resorts, Inc. (RRR) Receives Average Recommendation of "Buy" from Analysts www.americanbankingnews.com - July 21 at 11:21 AM
	Glancy Prongay & Murray LLP Commences Investigation on Behalf of Red Rock Resorts, Inc. Investors finance.yahoo.com - July 19 at 7:26 AM
	Red Rock Resorts, Inc. (NASDAQ:RRR) Cut to "Sell" at Zacks Investment Research www.americanbankingnews.com - July 18 at 9:16 AM
	Harwood Feffer LLP Announces Investigation of Red Rock Resorts, Inc. finance.yahoo.com - July 17 at 8:33 PM
	SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Red Rock Resorts, Inc. finance.yahoo.com - July 17 at 8:33 PM
	RED ROCK RESORTS (RRR) SHAREHOLDER ALERT – Andrews & Springer LLC is Investigating Red Rock Resorts, Inc. for Potential Securities Violations and Breaches of Fiduciary Duty finance.yahoo.com - July 17 at 8:11 AM
	Stifel Nicolaus Reaffirms "Buy" Rating for Red Rock Resorts, Inc. (RRR) www.americanbankingnews.com - July 15 at 10:34 AM
	Short Interest in Red Rock Resorts, Inc. (NASDAQ:RRR) Expands By 83.2% www.americanbankingnews.com - July 15 at 7:10 AM
	Red Rock Resorts, Inc. – Value Analysis (NASDAQ:RRR) : July 12, 2017 finance.yahoo.com - July 13 at 8:55 AM
	Red Rock Resorts, Inc. breached its 50 day moving average in a Bullish Manner : RRR-US : July 11, 2017 finance.yahoo.com - July 11 at 4:52 PM
	Analyzing Caesars Entertainment Corporation (CZR) & Red Rock Resorts (RRR) www.americanbankingnews.com - July 5 at 4:27 PM
	Red Rock Resorts, Inc. (NASDAQ:RRR) Downgraded to "Strong Sell" at Zacks Investment Research www.americanbankingnews.com - July 5 at 10:46 AM
	Contrasting Red Rock Resorts (NASDAQ:RRR) & Golden Entertainment (GDEN) www.americanbankingnews.com - July 2 at 6:26 PM
	$404.83 Million in Sales Expected for Red Rock Resorts, Inc. (RRR) This Quarter www.americanbankingnews.com - June 28 at 10:46 AM

Red Rock Resorts (RRR) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff

Red Rock Resorts Company Profile (NASDAQ:RRR)

About Red Rock Resorts (NASDAQ:RRR)

What is Red Rock Resorts' stock symbol?

How often does Red Rock Resorts pay dividends? What is the dividend yield for Red Rock Resorts?

How were Red Rock Resorts' earnings last quarter?

When will Red Rock Resorts make its next earnings announcement?

Where is Red Rock Resorts' stock going? Where will Red Rock Resorts' stock price be in 2017?

Who are some of Red Rock Resorts' key competitors?

Who are Red Rock Resorts' key executives?

When did Red Rock Resorts IPO?

Who owns Red Rock Resorts stock?

Who sold Red Rock Resorts stock? Who is selling Red Rock Resorts stock?

Who bought Red Rock Resorts stock? Who is buying Red Rock Resorts stock?

How do I buy Red Rock Resorts stock?

What is Red Rock Resorts' stock price today?

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