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 Friday, November 2nd. Stockholders of record on Friday, December 14th will be paid a dividend of $0.10 per share on Tuesday, January 1st. This represents a $0.40 annualized dividend and a dividend yield of 1.80%. The ex-dividend date of this dividend is Thursday, December 13th. View Red Rock Resorts' Dividend History.

Red Rock Resorts Inc (NASDAQ:RRR) released its earnings results on Wednesday, November, 7th. The company reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.24 by $0.04. The business earned $412.30 million during the quarter, compared to analyst estimates of $409.03 million. Red Rock Resorts had a net margin of 10.84% and a return on equity of 12.27%. The business's revenue was up 1.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.16 EPS. View Red Rock Resorts' Earnings History.

Red Rock Resorts is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for Red Rock Resorts.

7 Wall Street analysts have issued twelve-month price targets for Red Rock Resorts' stock. Their predictions range from $25.00 to $39.00. On average, they expect Red Rock Resorts' share price to reach $35.00 in the next twelve months. This suggests a possible upside of 57.1% from the stock's current price. View Analyst Price Targets for Red Rock Resorts.

7 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Red Rock Resorts.

Press coverage about RRR stock has trended somewhat positive on Monday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Red Rock Resorts earned a news impact score of 1.0 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

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

(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 many different of institutional and retail investors. Top institutional shareholders include Bamco Inc. NY (7.09%), Vanguard Group Inc. (5.55%), Vanguard Group Inc (5.55%), Diamond Hill Capital Management Inc. (5.10%), Cohen & Steers Inc. (4.94%) and BlackRock Inc. (4.09%). View Institutional Ownership Trends for Red Rock Resorts.

RRR stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., FMR LLC, TIAA CREF Investment Management LLC, Marshall Wace North America L.P., Alliancebernstein L.P., Penn Capital Management Co. Inc., Teachers Advisors LLC and PNC Financial Services Group Inc.. View Insider Buying and Selling for Red Rock Resorts.

RRR stock was acquired by a variety of institutional investors in the last quarter, including American Century Companies Inc., Cohen & Steers Inc., Diamond Hill Capital Management Inc., Vanguard Group Inc, Vanguard Group Inc., Marshall Wace LLP, MARSHALL WACE ASIA Ltd and Allianz Asset Management GmbH. 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 $22.28.

Red Rock Resorts has a market capitalization of $2.62 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.

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]