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, August 1st. Shareholders of record on Friday, September 14th will be paid a dividend of $0.10 per share on Friday, September 28th. This represents a $0.40 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date of this dividend is Thursday, September 13th. View Red Rock Resorts' Dividend History.

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

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

10 analysts have issued 12 month price targets for Red Rock Resorts' shares. 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 year. This suggests a possible upside of 7.4% from the stock's current price. View Analyst Price Targets 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.

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

(RRR) raised $532 million in an initial public offering 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.

News headlines about RRR stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Red Rock Resorts earned a news and rumor sentiment score of 0.13 on Accern's scale. They also assigned news coverage about the company an impact score of 46.79 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Red Rock Resorts.

Red Rock Resorts' stock is owned by a variety of of institutional and retail investors. Top institutional investors 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.

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.

RRR stock was bought 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.

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 $32.39.

Red Rock Resorts has a market capitalization of $3.77 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.

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]