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

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$22.00 -0.12 (-0.54 %)
(As of 12/19/2018 08:00 AM ET)
Previous Close$22.12
Today's Range$21.75 - $22.96
52-Week Range$21.20 - $36.99
Volume698,200 shs
Average Volume653,286 shs
Market Capitalization$2.58 billion
P/E Ratio17.42
Dividend Yield1.81%
Beta1.7
Red Rock Resorts, Inc., through its interest in Station Holdco and Station LLC, engages in casino entertainment, and gaming and entertainment businesses in the United States. It operates through two segments, Las Vegas operations and Native American management. The company develops, manages, and operates casino entertainment properties; and owns and operates 10 gaming and entertainment facilities, and 10 smaller casinos in the Las Vegas regional market. In addition, it manages Graton Resort in Sonoma County, California; and Gun Lake in Allegan County, Michigan. It operates 19,219 slot machines; 319 table games; and 4,316 hotel rooms. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts, Inc. in January 2016. Red Rock Resorts, Inc. is based in Las Vegas, Nevada.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Hotels & motels
Sub-IndustryN/A
SectorConsumer Discretionary
Current SymbolNASDAQ:RRR
Previous Symbol
CUSIPN/A
Phone702-495-3000

Debt

Debt-to-Equity Ratio3.29
Current Ratio0.72
Quick Ratio0.68

Price-To-Earnings

Trailing P/E Ratio17.42
Forward P/E Ratio19.47
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.62 billion
Price / Sales1.59
Cash Flow$2.0258 per share
Price / Cash Flow10.86
Book Value$5.49 per share
Price / Book4.01

Profitability

EPS (Most Recent Fiscal Year)$0.62
Net Income$35.15 million
Net Margins10.84%
Return on Equity12.27%
Return on Assets2.43%

Miscellaneous

Employees13,540
Outstanding Shares116,550,000
Market Cap$2.58 billion
OptionableOptionable

Red Rock Resorts (NASDAQ:RRR) Frequently Asked Questions

What is Red Rock Resorts' stock symbol?

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

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

Red Rock Resorts declared 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 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date is Thursday, December 13th. View Red Rock Resorts' Dividend History.

How were Red Rock Resorts' earnings last quarter?

Red Rock Resorts Inc (NASDAQ:RRR) posted its quarterly earnings data on Wednesday, November, 7th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.24 by $0.04. The business earned $412.30 million during the quarter, compared to the consensus estimate of $409.03 million. Red Rock Resorts had a net margin of 10.84% and a return on equity of 12.27%. The firm's revenue was up 1.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.16 earnings per share. View Red Rock Resorts' Earnings History.

When is Red Rock Resorts' next earnings date?

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

What price target have analysts set for RRR?

7 Wall Street analysts have issued 1 year target prices for Red Rock Resorts' stock. Their forecasts range from $25.00 to $39.00. On average, they anticipate Red Rock Resorts' share price to reach $35.00 in the next year. This suggests a possible upside of 59.1% from the stock's current price. View Analyst Price Targets for Red Rock Resorts.

What is the consensus analysts' recommendation 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.

Has Red Rock Resorts been receiving favorable news coverage?

Media headlines about RRR stock have been trending neutral on Wednesday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press 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 five, with scores closest to five being the most favorable. Red Rock Resorts earned a media sentiment score of 0.4 on InfoTrie's scale. They also gave news articles about the company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the stock's share price in the next few days.

Who are some of Red Rock Resorts' key competitors?

Who are Red Rock Resorts' key executives?

Red Rock Resorts' management team includes the folowing people:
  • Mr. Frank J. Fertitta III, Chairman & CEO (Age 56)
  • Mr. Richard J. Haskins Esq., Pres (Age 54)
  • Mr. Stephen Cootey, Exec. VP, CFO & Treasurer (Age 49)
  • Mr. Joseph J. Hasson, Exec. VP & COO (Age 62)
  • Mr. Jeffrey T. Welch, Exec. VP & Chief Legal Officer (Age 56)

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 served 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.

Who are Red Rock Resorts' major shareholders?

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

Which institutional investors are selling Red Rock Resorts stock?

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.

Which institutional investors are buying Red Rock Resorts stock?

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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Red Rock Resorts' stock price today?

One share of RRR stock can currently be purchased for approximately $22.00.

How big of a company is Red Rock Resorts?

Red Rock Resorts has a market capitalization of $2.58 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.

What is Red Rock Resorts' official website?

The official website for Red Rock Resorts is http://www.redrockresorts.com.

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]


MarketBeat Community Rating for Red Rock Resorts (NASDAQ RRR)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  219 (Vote Outperform)
Underperform Votes:  214 (Vote Underperform)
Total Votes:  433
MarketBeat's community ratings are surveys of what our community members think about Red Rock Resorts and other stocks. Vote "Outperform" if you believe RRR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RRR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/19/2018 by MarketBeat.com Staff

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