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

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$32.20 +0.08 (+0.25 %)
(As of 08/17/2018 01:19 PM ET)
Previous Close$32.11
Today's Range$31.91 - $32.22
52-Week Range$21.47 - $36.99
Volume9,775 shs
Average Volume612,791 shs
Market Capitalization$3.60 billion
P/E Ratio51.58
Dividend Yield1.27%
Beta1.65
Red Rock Resorts logoRed Rock Resorts, Inc., through its interest in Station Holdco and Station LLC, engages in casino entertainment, and gaming and entertainment businesses in the United States. It operates through two segments, Las Vegas operations and Native American management. The company develops, manages, and operates casino entertainment properties; and owns and operates 10 gaming and entertainment facilities, and 10 smaller casinos in the Las Vegas regional market. In addition, it manages Graton Resort in Sonoma County, California; and Gun Lake in Allegan County, Michigan. It operates 19,219 slot machines; 319 table games; and 4,316 hotel rooms. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts, Inc. in January 2016. Red Rock Resorts, Inc. is based in Las Vegas, Nevada.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Hotels & motels
Sub-IndustryN/A
SectorConsumer Discretionary
SymbolNASDAQ:RRR
CUSIPN/A
Phone702-495-3000

Debt

Debt-to-Equity Ratio3.23
Current Ratio0.67
Quick Ratio0.63

Price-To-Earnings

Trailing P/E Ratio51.58
Forward P/E Ratio23.68
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.62 billion
Price / Sales2.32
Cash Flow$2.1254 per share
Price / Cash15.15
Book Value$5.49 per share
Price / Book5.87

Profitability

EPS (Most Recent Fiscal Year)$0.62
Net Income$35.15 million
Net Margins10.74%
Return on Equity13.23%
Return on Assets2.41%

Miscellaneous

Employees13,540
Outstanding Shares116,510,000
Market Cap$3.60 billion

Red Rock Resorts (NASDAQ:RRR) Frequently Asked Questions

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 Wednesday, August 1st. Stockholders of record on Friday, September 14th will be given a dividend of $0.10 per share on Friday, September 28th. This represents a $0.40 annualized dividend and a dividend yield of 1.25%. The ex-dividend date of this dividend is Thursday, September 13th. View Red Rock Resorts' Dividend History.

How were Red Rock Resorts' earnings last quarter?

Red Rock Resorts Inc (NASDAQ:RRR) released its quarterly earnings data on Tuesday, July, 31st. The company reported $0.33 EPS for the quarter, topping the Zacks' consensus estimate of $0.25 by $0.08. The company earned $416.19 million during the quarter, compared to analysts' expectations of $408.46 million. Red Rock Resorts had a return on equity of 13.23% and a net margin of 10.74%. View Red Rock Resorts' Earnings History.

When is Red Rock Resorts' next earnings date?

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

What price target have analysts set for RRR?

10 Wall Street analysts have issued 1-year price targets for Red Rock Resorts' stock. Their predictions range from $27.00 to $39.00. On average, they expect Red Rock Resorts' stock price to reach $34.7778 in the next twelve months. This suggests a possible upside of 8.3% from the stock's current price. View Analyst Price Targets for Red Rock Resorts.

What is the consensus analysts' recommendation 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." 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:
  • Mr. Frank J. Fertitta III, Chairman & CEO (Age 56)
  • Mr. Richard J. Haskins Esq., Pres (Age 54)
  • Mr. Stephen Cootey, Exec. VP, CFO, Chief Admin. Officer & Treasurer (Age 49)
  • Mr. Joseph J. Hasson, EVP & COO (Age 62)
  • Mr. Jeffrey T. Welch, Exec. VP & Chief Legal Officer (Age 56)

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 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.

Has Red Rock Resorts been receiving favorable news coverage?

News headlines about RRR stock have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Red Rock Resorts earned a news impact score of 0.00 on Accern's scale. They also gave media headlines about the company an impact score of 45.91 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for Red Rock Resorts.

Who are Red Rock Resorts' major shareholders?

Red Rock Resorts' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Point72 Asset Management L.P. (5.15%), Diamond Hill Capital Management Inc. (4.11%), BlackRock Inc. (3.93%), FMR LLC (2.34%), Millennium Management LLC (1.52%) and Victory Capital Management Inc. (0.73%). 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 Point72 Asset Management L.P., Scopus Asset Management L.P., Zweig DiMenna Associates LLC, PNC Financial Services Group Inc., Eagle Asset Management Inc., Waddell & Reed Financial Inc., Penn Capital Management Co. Inc. and FMR LLC. View Insider Buying and Selling for Red Rock Resorts.

Which major investors are buying Red Rock Resorts stock?

RRR stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Marshall Wace LLP, BlackRock Inc., Renaissance Technologies LLC, Caerus Investors LLC, Kornitzer Capital Management Inc. KS, North Fourth Asset Management LP and Pier Capital LLC. View Insider Buying and Selling for Red Rock Resorts.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Red Rock Resorts' stock price today?

One share of RRR stock can currently be purchased for approximately $32.10.

How big of a company is Red Rock Resorts?

Red Rock Resorts has a market capitalization of $3.60 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.

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]


MarketBeat Community Rating for Red Rock Resorts (NASDAQ RRR)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  203 (Vote Outperform)
Underperform Votes:  186 (Vote Underperform)
Total Votes:  389
MarketBeat's community ratings are surveys of what our community members think about Red Rock Resorts and other stocks. Vote "Outperform" if you believe RRR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RRR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/17/2018 by MarketBeat.com Staff

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