NASDAQ:RRR - Red Rock Resorts Stock Price, Price Target & More

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

Red Rock Resorts announced a quarterly dividend on Wednesday, May 2nd. Stockholders of record on Friday, June 15th will be given a dividend of $0.10 per share on Friday, June 29th. This represents a $0.40 annualized dividend and a dividend yield of 1.11%. The ex-dividend date is Thursday, June 14th. View Red Rock Resorts' Dividend History.

Red Rock Resorts Inc (NASDAQ:RRR) posted its quarterly earnings results on Tuesday, May, 1st. The company reported $0.41 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.37 by $0.04. The firm earned $421.04 million during the quarter, compared to analyst estimates of $411.13 million. Red Rock Resorts had a return on equity of 16.46% and a net margin of 4.11%. View Red Rock Resorts' Earnings History.

Red Rock Resorts is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for Red Rock Resorts.

10 brokers have issued 12-month target prices for Red Rock Resorts' shares. Their predictions range from $26.00 to $39.00. On average, they expect Red Rock Resorts' stock price to reach $33.4444 in the next year. This suggests that the stock has a possible downside of 6.9%. View Analyst Ratings for Red Rock Resorts.

10 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Red Rock Resorts include InterContinental Hotels Group (IHG), Melco Resorts & Entertainment (MLCO), Huazhu Group (HTHT), Wyndham Worldwide (WYN), Hyatt Hotels (H), Caesars Entertainment Co. Common Stock (CZR), Park Hotels & Resorts (PK), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Boyd Gaming (BYD), Extended Stay America (STAY), Sunstone Hotel Investors (SHO), Eldorado Resorts (ERI), Penn National Gaming (PENN) and Xenia Hotels & Resorts (XHR).

(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.

News articles about RRR stock have trended somewhat positive on Saturday, according to Accern Sentiment. The research group rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Red Rock Resorts earned a coverage optimism score of 0.04 on Accern's scale. They also assigned media coverage about the company an impact score of 47.00 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

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 $35.92.

Red Rock Resorts has a market capitalization of $4.15 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.

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]