NASDAQ:RRR - Red Rock Resorts Stock Price, News, & Analysis

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

Red Rock Resorts declared a quarterly dividend on Friday, November 2nd. Investors of record on Friday, December 14th will be paid a dividend of $0.10 per share on Tuesday, January 1st. This represents a $0.40 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date is Thursday, December 13th. View Red Rock Resorts' Dividend History.

Red Rock Resorts Inc (NASDAQ:RRR) announced its quarterly earnings data on Wednesday, November, 7th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.24 by $0.04. The business earned $412.30 million during the quarter, compared to analysts' expectations of $409.03 million. Red Rock Resorts had a return on equity of 12.27% and a net margin of 10.84%. The company's revenue was up 1.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.16 earnings per share. View Red Rock Resorts' Earnings History.

Red Rock Resorts is scheduled to release their next quarterly earnings announcement on Tuesday, February 12th 2019. View Earnings Estimates for Red Rock Resorts.

Red Rock Resorts will be holding an earnings conference call on Tuesday, February 12th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883176003.

6 equities research analysts have issued 1-year price objectives for Red Rock Resorts' shares. Their predictions range from $25.00 to $39.00. On average, they expect Red Rock Resorts' stock price to reach $34.40 in the next year. This suggests a possible upside of 39.1% from the stock's current price. View Analyst Price Targets for Red Rock Resorts.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Red Rock Resorts in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Red Rock Resorts.

Media coverage about RRR stock has been trending somewhat negative on Sunday, according to InfoTrie. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Red Rock Resorts earned a news sentiment score of -1.4 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days.

Some companies that are related to Red Rock Resorts include Melco Resorts & Entertainment (MLCO), InterContinental Hotels Group (IHG), Huazhu Group (HTHT), Hyatt Hotels (H), Caesars Entertainment (CZR), Park Hotels & Resorts (PK), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Eldorado Resorts (ERI), Sunstone Hotel Investors (SHO), Boyd Gaming (BYD), Penn National Gaming (PENN), Belmond (BEL), Xenia Hotels & Resorts (XHR) and Tropicana Entertainment (TPCA).

(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.

Red Rock Resorts' stock is owned by a number of of institutional and retail investors. Top institutional investors include Fox Run Management L.L.C. (0.01%). View Institutional Ownership Trends for Red Rock Resorts.

RRR stock was acquired by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C.. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of RRR stock can currently be purchased for approximately $24.73.

Red Rock Resorts has a market capitalization of $2.88 billion and generates $1.62 billion in revenue each year. The company earns $35.15 million in net income (profit) each year or $0.62 on an earnings per share basis. Red Rock Resorts employs 13,540 workers across the globe.

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

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]