Red Rock Resorts Company Profile (NASDAQ:RRR)

About Red Rock Resorts (NASDAQ:RRR)

Red Rock Resorts logoRed 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: $2.72904 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: 22.61
  • P/E Growth: 0.00
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 declared a quarterly dividend on Friday, August 4th. Shareholders of record on Tuesday, August 15th will be given a dividend of $0.10 per share on Thursday, August 31st. This represents a $0.40 annualized dividend and a 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) posted its earnings results on Monday, August, 15th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.40 by $0.39. The business had revenue of $351.50 million for the quarter, compared to the consensus estimate of $350.07 million. Red Rock Resorts had a return on equity of 14.05% and a net margin of 1.44%. Red Rock Resorts's revenue was up 4.1% compared to the same quarter last year. 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 brokerages have issued 1-year 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?

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 (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 owns Red Rock Resorts stock?

Red Rock Resorts' stock is owned by a number of of retail and institutional investors. Top institutional shareholders 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 purchased 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 (star star)
Outperform Votes:  128 (Vote Outperform)
Underperform Votes:  91 (Vote Underperform)
Total Votes:  219
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.

Analyst Ratings

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:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/14/2017SunTrust Banks, Inc.Initiated CoverageBuy -> Buy$26.00LowView Rating Details
7/14/2017Stifel NicolausReiterated RatingBuy$27.00LowView Rating Details
6/5/2017Bank of America CorporationReiterated RatingBuy$24.50 -> $26.00MediumView Rating Details
3/8/2017Wells Fargo & CompanyReiterated RatingOutperformHighView Rating Details
2/13/2017AegisInitiated CoverageBuy$27.50N/AView Rating Details
1/27/2017Buckingham ResearchInitiated CoverageBuy$27.00N/AView Rating Details
12/15/2016Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$23.00N/AView Rating Details
12/7/2016Deutsche Bank AGBoost Price TargetBuy$26.00 -> $28.00N/AView Rating Details
11/4/2016Imperial CapitalInitiated CoverageIn -> In-Line$23.00N/AView Rating Details
10/14/2016GabelliInitiated CoverageBuy$29.00N/AView Rating Details
10/10/2016MacquarieInitiated CoverageOutperform$26.00N/AView Rating Details
8/16/2016Citigroup Inc.Reiterated RatingBuy$25.00N/AView Rating Details
8/16/2016J P Morgan Chase & CoReiterated RatingBuyN/AView Rating Details
(Data available from 9/24/2015 forward)

Earnings

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)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017N/AView Earnings Details
5/4/2017Q1 2017$0.37$0.30$402.88 million$417.73 millionViewListenView Earnings Details
3/7/2017Q4 2016$0.34$0.37$396.04 million$394.60 millionViewListenView Earnings Details
11/7/2016Q3$0.26$0.20$335.42 million$347.10 millionViewN/AView Earnings Details
8/15/2016Q216$0.40$0.01$350.07 million$351.50 millionViewListenView Earnings Details
1/26/2012$0.09$0.14ViewN/AView Earnings Details
10/20/2011$0.14$0.15ViewN/AView Earnings Details
7/21/2011($0.02)$0.02ViewN/AView Earnings Details
4/20/2011($0.22)($0.49)ViewN/AView Earnings Details
2/8/2011($0.09)($0.07)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Red Rock Resorts (NASDAQ:RRR)
Current Year EPS Consensus Estimate: $0.61 EPS
Next Year EPS Consensus Estimate: $1.04 EPS

Dividends

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)
65.57% (Based on This Year's Estimates)
38.46% (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)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/4/2017quarterly$0.101.67%8/11/20178/15/20178/31/2017
5/4/2017quarterly$0.101.75%5/12/20175/16/20175/30/2017
3/2/2017quarterly$0.101.81%3/13/20173/15/20173/31/2017
11/4/2016quarterly$0.101.85%11/10/201611/15/201611/30/2016
8/1/2016special$0.108/11/20168/15/20168/30/2016
(Data available from 1/1/2013 forward)

Insider Trades

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

Headlines

Headline Trends for Red Rock Resorts (NASDAQ:RRR)
Latest Headlines for Red Rock Resorts (NASDAQ:RRR)
Source:
DateHeadline
americanbankingnews.com logoRed Rock Resorts, Inc. (RRR) Upgraded to "Sell" at BidaskClub
www.americanbankingnews.com - September 22 at 1:22 PM
finance.yahoo.com logoRed 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
americanbankingnews.com logoHead to Head Survey: Red Rock Resorts (RRR) versus Melco Crown Entertainment Limited (MLCO)
www.americanbankingnews.com - September 18 at 10:50 PM
americanbankingnews.com logoMelco Crown Entertainment Limited (MLCO) & Red Rock Resorts (RRR) Financial Comparison
www.americanbankingnews.com - September 17 at 12:34 PM
americanbankingnews.com logoBidaskClub Lowers Red Rock Resorts, Inc. (RRR) to Strong Sell
www.americanbankingnews.com - September 16 at 5:18 PM
americanbankingnews.com logo Brokerages Expect Red Rock Resorts, Inc. (RRR) Will Announce Earnings of $0.21 Per Share
www.americanbankingnews.com - September 16 at 12:12 AM
finance.yahoo.com logoRed 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
americanbankingnews.com logoRed Rock Resorts, Inc. (RRR) Coverage Initiated by Analysts at SunTrust Banks, Inc.
www.americanbankingnews.com - September 14 at 11:06 PM
americanbankingnews.com logoRed Rock Resorts, Inc. (RRR) Lifted to Buy at ValuEngine
www.americanbankingnews.com - September 9 at 10:26 AM
americanbankingnews.com logoRed Rock Resorts, Inc. (RRR) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - September 9 at 2:34 AM
finance.yahoo.com logoStation 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
americanbankingnews.com logoEldorado Resorts (ERI) and Red Rock Resorts (RRR) Head to Head Survey
www.americanbankingnews.com - September 5 at 8:34 AM
americanbankingnews.com logoRed Rock Resorts, Inc. (RRR) Expected to Post Quarterly Sales of $396.17 Million
www.americanbankingnews.com - August 30 at 10:00 AM
finance.yahoo.com logoETFs with exposure to Red Rock Resorts, Inc. : August 30, 2017
finance.yahoo.com - August 30 at 8:45 AM
finance.yahoo.com logoETFs with exposure to Red Rock Resorts, Inc. : August 30, 2017
finance.yahoo.com - August 30 at 8:45 AM
americanbankingnews.com logoReviewing Boyd Gaming Corporation (BYD) and Red Rock Resorts (RRR)
www.americanbankingnews.com - August 26 at 10:08 PM
finance.yahoo.com logoRed Rock Resorts, Inc. :RRR-US: Earnings Analysis: Q2, 2017 By the Numbers : August 23, 2017
finance.yahoo.com - August 24 at 12:08 PM
finance.yahoo.com logoGlancy Prongay & Murray LLP Continues Investigation on Behalf of Red Rock Resorts, Inc. Investors
finance.yahoo.com - August 23 at 10:57 AM
reuters.com logoBRIEF-Three Bays Capital LP reports 5.1 pct passive stake in Red Rock Resorts
www.reuters.com - August 22 at 6:23 AM
americanbankingnews.com logoRed Rock Resorts, Inc. (RRR) Upgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - August 20 at 6:22 PM
americanbankingnews.com logoRed Rock Resorts, Inc. (NASDAQ:RRR) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - August 15 at 2:38 AM
americanbankingnews.com logoRed Rock Resorts (RRR) versus Eldorado Resorts (ERI) Critical Review
www.americanbankingnews.com - August 15 at 2:20 AM
americanbankingnews.com logoRed Rock Resorts, Inc. (NASDAQ:RRR) Downgraded to Strong Sell at Zacks Investment Research
www.americanbankingnews.com - August 14 at 12:26 AM
americanbankingnews.com logo$397.86 Million in Sales Expected for Red Rock Resorts, Inc. (NASDAQ:RRR) This Quarter
www.americanbankingnews.com - August 12 at 5:02 PM
americanbankingnews.com logoAnalyzing Red Rock Resorts (RRR) and Churchill Downs, (CHDN)
www.americanbankingnews.com - August 12 at 11:14 AM
finance.yahoo.com logoInvestor Network: Red Rock Resorts, Inc. Class A to Host Earnings Call
finance.yahoo.com - August 9 at 7:02 AM
finance.yahoo.com logoRed Rock Resorts Announces Second Quarter 2017 Results
finance.yahoo.com - August 9 at 7:02 AM
finance.yahoo.com logoEdited Transcript of RRR earnings conference call or presentation 8-Aug-17 8:30pm GMT
finance.yahoo.com - August 9 at 7:02 AM
finance.yahoo.com logo6 Small Cap Stocks to Beat This Aging Bull Market
finance.yahoo.com - August 9 at 7:02 AM
americanbankingnews.com logoRed Rock Resorts, Inc. to Issue Dividend of $0.10 (RRR)
www.americanbankingnews.com - August 6 at 11:46 AM
finance.yahoo.com logoRed 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
finance.yahoo.com logoRed 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
americanbankingnews.com logoRed Rock Resorts (RRR) & Pinnacle Entertainment (PNK) Head to Head Analysis
www.americanbankingnews.com - August 1 at 12:18 AM
americanbankingnews.com logoHead to Head Contrast: Red Rock Resorts (NASDAQ:RRR) & Churchill Downs, (CHDN)
www.americanbankingnews.com - July 22 at 10:24 AM
americanbankingnews.com logo$406.44 Million in Sales Expected for Red Rock Resorts, Inc. (RRR) This Quarter
www.americanbankingnews.com - July 22 at 8:02 AM
feeds.benzinga.com logoRED 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
americanbankingnews.com logoRed Rock Resorts, Inc. (RRR) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - July 21 at 11:21 AM
finance.yahoo.com logoGlancy Prongay & Murray LLP Commences Investigation on Behalf of Red Rock Resorts, Inc. Investors
finance.yahoo.com - July 19 at 7:26 AM
americanbankingnews.com logoRed Rock Resorts, Inc. (NASDAQ:RRR) Cut to "Sell" at Zacks Investment Research
www.americanbankingnews.com - July 18 at 9:16 AM
finance.yahoo.com logoHarwood Feffer LLP Announces Investigation of Red Rock Resorts, Inc.
finance.yahoo.com - July 17 at 8:33 PM
finance.yahoo.com logoSHAREHOLDER 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
finance.yahoo.com logoRED 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
americanbankingnews.com logoStifel Nicolaus Reaffirms "Buy" Rating for Red Rock Resorts, Inc. (RRR)
www.americanbankingnews.com - July 15 at 10:34 AM
americanbankingnews.com logoShort Interest in Red Rock Resorts, Inc. (NASDAQ:RRR) Expands By 83.2%
www.americanbankingnews.com - July 15 at 7:10 AM
finance.yahoo.com logoRed Rock Resorts, Inc. – Value Analysis (NASDAQ:RRR) : July 12, 2017
finance.yahoo.com - July 13 at 8:55 AM
finance.yahoo.com logoRed 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
americanbankingnews.com logoAnalyzing Caesars Entertainment Corporation (CZR) & Red Rock Resorts (RRR)
www.americanbankingnews.com - July 5 at 4:27 PM
americanbankingnews.com logoRed Rock Resorts, Inc. (NASDAQ:RRR) Downgraded to "Strong Sell" at Zacks Investment Research
www.americanbankingnews.com - July 5 at 10:46 AM
americanbankingnews.com logoContrasting Red Rock Resorts (NASDAQ:RRR) & Golden Entertainment (GDEN)
www.americanbankingnews.com - July 2 at 6:26 PM
americanbankingnews.com logo$404.83 Million in Sales Expected for Red Rock Resorts, Inc. (RRR) This Quarter
www.americanbankingnews.com - June 28 at 10:46 AM

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Chart

Red Rock Resorts (RRR) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by MarketBeat.com Staff