NASDAQ:RRR

Red Rock Resorts Stock Forecast, Price & News

$46.68
+0.98 (+2.14 %)
(As of 09/16/2021 12:00 AM ET)
Add
Compare
Today's Range
$45.56
$46.89
50-Day Range
$38.33
$47.38
52-Week Range
$15.81
$49.82
Volume651,715 shs
Average Volume803,873 shs
Market Capitalization$5.43 billion
P/E Ratio40.59
Dividend YieldN/A
Beta2.57
30 days | 90 days | 365 days | Advanced Chart
Receive RRR 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.


Red Rock Resorts logo

About Red Rock Resorts

Red Rock Resorts, Inc. is a holding company, which engages in the management and development of gaming and entertainment facilities. The firm operates through the following segments: Las Vegas Operations and Native American Management. Its amenities include restaurants, entertainment venues, movie theatres, bowling and convention or banquet space, as well as traditional casino gaming offerings such as video poker, slot machines, table games, bingo and race and sports wagering. The company was founded in 1976 and is headquartered in Las Vegas, NV.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Social Links


MarketRank

Overall MarketRank

1.68 out of 5 stars

Consumer Discretionary Sector

251st out of 385 stocks

Hotels & Motels Industry

24th out of 35 stocks

Analyst Opinion: 1.4Community Rank: 4.5Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 0.0 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Red Rock Resorts (NASDAQ:RRR) Frequently Asked Questions

Is Red Rock Resorts a buy right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Red Rock Resorts in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Red Rock Resorts stock.
View analyst ratings for Red Rock Resorts
or view top-rated stocks.

What stocks does MarketBeat like better than Red Rock Resorts?

Wall Street analysts have given Red Rock Resorts a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Red Rock Resorts wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Red Rock Resorts' next earnings date?

Red Rock Resorts is scheduled to release its next quarterly earnings announcement on Tuesday, October 26th 2021.
View our earnings forecast for Red Rock Resorts
.

How were Red Rock Resorts' earnings last quarter?

Red Rock Resorts, Inc. (NASDAQ:RRR) posted its quarterly earnings data on Wednesday, July, 28th. The company reported $1.12 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.32 by $0.80. The business earned $428.16 million during the quarter, compared to analysts' expectations of $370.83 million. Red Rock Resorts had a trailing twelve-month return on equity of 41.53% and a net margin of 6.45%.
View Red Rock Resorts' earnings history
.

How has Red Rock Resorts' stock been impacted by Coronavirus (COVID-19)?

Red Rock Resorts' stock was trading at $11.29 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RRR shares have increased by 313.5% and is now trading at $46.68.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for RRR?

11 Wall Street analysts have issued 12 month target prices for Red Rock Resorts' shares. Their forecasts range from $20.00 to $62.00. On average, they expect Red Rock Resorts' stock price to reach $42.45 in the next year. This suggests that the stock has a possible downside of 9.1%.
View analysts' price targets for Red Rock Resorts
or view top-rated stocks among Wall Street analysts.

Who are Red Rock Resorts' key executives?

Red Rock Resorts' management team includes the following people:
  • Frank J. Fertitta, Chairman & Chief Executive Officer
  • Robert A. Finch, Chief Operating Officer & Executive Vice President
  • Stephen Lawrence Cootey, Treasurer, Chief Financial & Accounting Officer
  • Jeffrey T. Welch, Chief Legal Officer & Executive Vice President
  • Scott M. Nielson, Chief Development Officer

What is Frank J. Fertitta III's approval rating as Red Rock Resorts' CEO?

197 employees have rated Red Rock Resorts CEO Frank J. Fertitta III on Glassdoor.com. Frank J. Fertitta III has an approval rating of 86% among Red Rock Resorts' employees.

Who are some of Red Rock Resorts' key competitors?

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 CA (CA), NVIDIA (NVDA), BlackRock (BLK), Endologix (ELGX), The 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?

(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 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.

What is Red Rock Resorts' stock symbol?

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

Who are Red Rock Resorts' major shareholders?

Red Rock Resorts' stock is owned by many different retail and institutional investors. Top institutional investors include Bamco Inc. NY (6.54%), Vanguard Group Inc. (5.39%), Diamond Hill Capital Management Inc. (4.21%), BlackRock Inc. (3.44%), Massachusetts Financial Services Co. MA (2.37%) and Franklin Resources Inc. (1.17%). Company insiders that own Red Rock Resorts stock include Frank J Fertitta III and Lorenzo J Fertitta.
View institutional ownership trends for Red Rock Resorts
.

Which major investors are selling Red Rock Resorts stock?

RRR stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Diamond Hill Capital Management Inc., Kettle Hill Capital Management LLC, Morgan Stanley, Morgan Stanley, Fuller & Thaler Asset Management Inc., Bank of America Corp DE, and Nuveen Asset Management LLC.
View insider buying and selling activity for Red Rock Resorts
or view top insider-selling stocks.

Which major investors are buying Red Rock Resorts stock?

RRR stock was purchased by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Invesco Ltd., Balyasny Asset Management LLC, Bamco Inc. NY, Prudential Financial Inc., PEAK6 Investments LLC, First Trust Advisors LP, and Lisanti Capital Growth LLC. Company insiders that have bought Red Rock Resorts stock in the last two years include Frank J Fertitta III, and Lorenzo J Fertitta.
View insider buying and selling activity for Red Rock Resorts
or or view top insider-buying stocks.

How do I buy shares of Red Rock Resorts?

Shares of RRR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Red Rock Resorts' stock price today?

One share of RRR stock can currently be purchased for approximately $46.68.

How much money does Red Rock Resorts make?

Red Rock Resorts has a market capitalization of $5.43 billion and generates $1.18 billion in revenue each year. The company earns $-150,400,000.00 in net income (profit) each year or ($0.08) on an earnings per share basis.

How many employees does Red Rock Resorts have?

Red Rock Resorts employs 7,600 workers across the globe.

When was Red Rock Resorts founded?

Red Rock Resorts was founded in 2006.

What is Red Rock Resorts' official website?

The official website for Red Rock Resorts is www.redrockresorts.com.

Where are Red Rock Resorts' headquarters?

Red Rock Resorts is headquartered at 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV, 89135.

How can I contact Red Rock Resorts?

Red Rock Resorts' mailing address is 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV, 89135. The company can be reached via phone at (702) 495-3000 or via email at [email protected]


This page was last updated on 9/16/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.