Red Rock Resorts Stock Forecast, Price & News

Red Rock Resorts (NASDAQ:RRR) Frequently Asked Questions

Is Red Rock Resorts a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Red Rock Resorts in the last twelve months. There are currently 1 sell rating, 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Red Rock Resorts stock.
View analyst ratings for Red Rock Resorts or view top-rated stocks.

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

Red Rock Resorts' stock was trading at $11.29 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, RRR shares have increased by 305.8% and is now trading at $45.82.
View which stocks have been most impacted by COVID-19.

Are investors shorting Red Rock Resorts?

Red Rock Resorts saw a decrease in short interest during the month of December. As of December 31st, there was short interest totaling 3,710,000 shares, a decrease of 42.6% from the December 15th total of 6,460,000 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.
View Red Rock Resorts' Short Interest.

When is Red Rock Resorts' next earnings date?

Red Rock Resorts is scheduled to release its next quarterly earnings announcement on Wednesday, February 2nd 2022.
View our earnings forecast for Red Rock Resorts.

How can I listen to Red Rock Resorts' earnings call?

Red Rock Resorts will be holding an earnings conference call on Wednesday, February 2nd at 4:15 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "7625676".

How were Red Rock Resorts' earnings last quarter?

Red Rock Resorts, Inc. (NASDAQ:RRR) released its earnings results on Tuesday, November, 2nd. The company reported $0.93 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.53 by $0.40. The business had revenue of $414.77 million for the quarter, compared to analysts' expectations of $404.42 million. Red Rock Resorts had a net margin of 7.99% and a trailing twelve-month return on equity of 45.72%. During the same period in the prior year, the firm earned $0.56 EPS.
View Red Rock Resorts' earnings history.

How often does Red Rock Resorts pay dividends? What is the dividend yield for Red Rock Resorts?

Red Rock Resorts declared a dividend on Wednesday, November 10th. Investors of record on Tuesday, November 23rd will be paid a dividend of $3.00 per share on Wednesday, December 22nd. The ex-dividend date of this dividend is Monday, November 22nd.
View Red Rock Resorts' dividend history.

What price target have analysts set for RRR?

8 equities research analysts have issued 1-year target prices for Red Rock Resorts' shares. Their forecasts range from $30.00 to $62.00. On average, they expect Red Rock Resorts' stock price to reach $50.75 in the next twelve months. This suggests a possible upside of 10.8% from the stock's current price.
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?

Some companies that are related to Red Rock Resorts include MGM Resorts International (MGM), Caesars Entertainment (CZR), InterContinental Hotels Group (IHG), Huazhu Group (HTHT), Wynn Resorts (WYNN), Hyatt Hotels (H), Choice Hotels International (CHH), Wyndham Hotels & Resorts (WH), Penn National Gaming (PENN), Boyd Gaming (BYD), Melco Resorts & Entertainment (MLCO), Travel + Leisure (TNL), Park Hotels & Resorts (PK), Sunstone Hotel Investors (SHO) and Xenia Hotels & Resorts (XHR).
View all of RRR's 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), 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 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.

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 institutional and retail investors. Top institutional shareholders include Cutler Group LP (0.00%), Koshinski Asset Management Inc. (0.00%) and FourThought Financial LLC (0.00%). 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 institutional investors are selling Red Rock Resorts stock?

RRR stock was sold by a variety of institutional investors in the last quarter, including Cutler Group LP, Koshinski Asset Management Inc., and FourThought Financial LLC.
View insider buying and selling activity for Red Rock Resorts or view top insider-selling 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.
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What is Red Rock Resorts' stock price today?

One share of RRR stock can currently be purchased for approximately $45.82.

How much money does Red Rock Resorts make?

Red Rock Resorts has a market capitalization of $5.25 billion and generates $1.18 billion in revenue each year. The company earns $-150.40 million in net income (profit) each year or $1.52 on an earnings per share basis.

How many employees does Red Rock Resorts have?

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

Does Red Rock Resorts have any subsidiaries?

The following companies are subsidiares of Red Rock Resorts: Amphenol Phoenix (Anji) Telecom Parts Co. Ltd..

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].