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

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

Red Rock Resorts announced a quarterly dividend on Wednesday, February 13th. Stockholders of record on Thursday, March 14th will be given a dividend of $0.10 per share on Friday, March 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date is Wednesday, March 13th. View Red Rock Resorts' Dividend History.

Red Rock Resorts Inc (NASDAQ:RRR) announced its quarterly earnings results on Tuesday, February, 12th. The company reported $0.30 EPS for the quarter, beating analysts' consensus estimates of $0.29 by $0.01. The firm earned $431.47 million during the quarter, compared to the consensus estimate of $408.61 million. Red Rock Resorts had a return on equity of 12.06% and a net margin of 9.37%. The firm's revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.35 earnings per share. View Red Rock Resorts' Earnings History.

Red Rock Resorts is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Red Rock Resorts.

5 Wall Street analysts have issued 1-year target prices for Red Rock Resorts' shares. Their forecasts range from $25.00 to $39.00. On average, they expect Red Rock Resorts' share price to reach $31.50 in the next year. This suggests a possible upside of 22.2% from the stock's current price. View Analyst Price Targets for Red Rock Resorts.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Red Rock Resorts in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Red Rock Resorts.

Media stories about RRR stock have trended neutral recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded 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 impact score of 0.4 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the immediate future.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Red Rock Resorts investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), Micron Technology (MU), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Och-Ziff Capital Management Group (OZM) and Gran Tierra Energy (GTE).

(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 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 retail and institutional investors. Top institutional investors include Diamond Hill Capital Management Inc. (5.64%), Cohen & Steers Inc. (5.08%), BlackRock Inc. (4.00%), FMR LLC (2.24%), American Century Companies Inc. (1.72%) and Thrivent Financial for Lutherans (1.14%). Company insiders that own Red Rock Resorts stock include Joseph J Hasson and Richard J Haskins. View Institutional Ownership Trends for Red Rock Resorts.

RRR stock was sold by a variety of institutional investors in the last quarter, including D. E. Shaw & Co. Inc., PNC Financial Services Group Inc., Victory Capital Management Inc., BlackRock Inc., Nordea Investment Management AB, Squarepoint Ops LLC, MetLife Investment Advisors LLC and California Public Employees Retirement System. View Insider Buying and Selling for Red Rock Resorts.

RRR stock was purchased by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Norges Bank, Diamond Hill Capital Management Inc., FMR LLC, Millennium Management LLC, American Century Companies Inc., Cohen & Steers Inc. and Shellback Capital LP. 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 $25.78.

Red Rock Resorts has a market capitalization of $3.01 billion and generates $1.68 billion in revenue each year. The company earns $157.54 million in net income (profit) each year or $1.31 on an earnings per share basis. Red Rock Resorts employs 13,800 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]