NASDAQ:RRR - Red Rock Resorts Stock Price, Price Target & More

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

Red Rock Resorts announced a quarterly dividend on Wednesday, May 2nd. Investors of record on Friday, June 15th will be given a dividend of $0.10 per share on Friday, June 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date of this dividend is Thursday, June 14th. View Red Rock Resorts' Dividend History.

Red Rock Resorts Inc (NASDAQ:RRR) announced its earnings results on Tuesday, May, 1st. The company reported $0.41 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.04. The business earned $421.04 million during the quarter, compared to the consensus estimate of $411.13 million. Red Rock Resorts had a return on equity of 16.46% and a net margin of 4.11%. View Red Rock Resorts' Earnings History.

Red Rock Resorts is scheduled to release their next quarterly earnings announcement on Monday, August, 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 $26.00 to $39.00. On average, they expect Red Rock Resorts' share price to reach $33.4444 in the next twelve months. This suggests that the stock has a possible downside of 6.3%. View Analyst Ratings 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."

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

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

Media stories about RRR stock have been trending positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Red Rock Resorts earned a daily sentiment score of 0.45 on Accern's scale. They also gave press coverage about the company an impact score of 46.27 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

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 $35.71.

Red Rock Resorts has a market capitalization of $4.25 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]