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

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

Red Rock Resorts declared a quarterly dividend on Monday, October 28th. Stockholders of record on Friday, December 13th will be paid a dividend of $0.10 per share on Friday, December 27th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date is Thursday, December 12th. View Red Rock Resorts' Dividend History.

Red Rock Resorts Inc (NASDAQ:RRR) announced its quarterly earnings data on Tuesday, November, 5th. The company reported $0.15 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.11 by $0.04. The business had revenue of $465.86 million for the quarter, compared to analysts' expectations of $469.74 million. Red Rock Resorts had a net margin of 0.04% and a return on equity of 7.58%. View Red Rock Resorts' Earnings History.

Red Rock Resorts is scheduled to release their next quarterly earnings announcement on Tuesday, February 11th 2020. View Earnings Estimates for Red Rock Resorts.

8 equities research analysts have issued 12 month target prices for Red Rock Resorts' shares. Their forecasts range from $22.00 to $29.00. On average, they expect Red Rock Resorts' share price to reach $25.57 in the next year. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Price Targets for Red Rock Resorts.

8 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 4 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 somewhat negative on Monday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. 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 media sentiment score of -1.4 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Red Rock Resorts.

Red Rock Resorts saw a decrease in short interest in January. As of January 15th, there was short interest totalling 3,650,000 shares, a decrease of 8.5% from the December 31st total of 3,990,000 shares. Based on an average trading volume of 501,300 shares, the days-to-cover ratio is currently 7.3 days. Approximately 5.6% of the company's shares are short sold. View Red Rock Resorts' Current Options Chain.

Some companies that are related to Red Rock Resorts include InterContinental Hotels Group (IHG), Melco Resorts & Entertainment (MLCO), Huazhu Group (HTHT), Caesars Entertainment (CZR), Hyatt Hotels (H), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Park Hotels & Resorts (PK), Wyndham Destinations (WYND), Eldorado Resorts (ERI), Boyd Gaming (BYD), Penn National Gaming (PENN), Sunstone Hotel Investors (SHO), Extended Stay America (STAY) 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), Chipotle Mexican Grill (CMG), NIC (EGOV), Athabasca Oil (ATH), Transocean (RIG), Aegean Marine Petroleum Network (ANW), Hudson Technologies (HDSN) and Designer Brands (DBI).

(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 investors include Zeke Capital Advisors LLC (2.37%), California Public Employees Retirement System (0.13%) and Sciencast Management LP (0.01%). Company insiders that own Red Rock Resorts stock include Frank J Fertitta III, Joseph J Hasson and Lorenzo J Fertitta. View Institutional Ownership Trends for Red Rock Resorts.

RRR stock was acquired by a variety of institutional investors in the last quarter, including Zeke Capital Advisors LLC, California Public Employees Retirement System and Sciencast Management LP. Company insiders that have bought Red Rock Resorts stock in the last two years include Frank J Fertitta III and Lorenzo J Fertitta. 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, Robinhood, Fidelity and Charles Schwab.

One share of RRR stock can currently be purchased for approximately $24.42.

Red Rock Resorts has a market capitalization of $2.86 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.View Additional Information About Red Rock Resorts.

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]