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. Stockholders of record on Friday, June 15th will be paid a dividend of $0.10 per share on Friday, June 29th. This represents a $0.40 annualized dividend and a dividend yield of 1.15%. The ex-dividend date of this dividend is Thursday, June 14th. View Red Rock Resorts' Dividend History.

Red Rock Resorts Inc (NASDAQ:RRR) issued its earnings results on Tuesday, May, 1st. The company reported $0.41 EPS for the quarter, topping the Zacks' consensus estimate of $0.37 by $0.04. The business had revenue of $421.04 million for the quarter, compared to analyst estimates of $411.13 million. Red Rock Resorts had a net margin of 4.11% and a return on equity of 16.46%. 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 brokers have issued 1 year price targets for Red Rock Resorts' stock. Their predictions range from $26.00 to $39.00. On average, they anticipate Red Rock Resorts' stock price to reach $33.4444 in the next year. View Analyst Ratings for Red Rock Resorts.

Some companies that are related to Red Rock Resorts include Melco Resorts & Entertainment (MLCO), Huazhu Group (HTHT), InterContinental Hotels Group (IHG), Wyndham Worldwide (WYN), 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), Boyd Gaming (BYD), Sunstone Hotel Investors (SHO), Eldorado Resorts (ERI), Penn National Gaming (PENN) and Xenia Hotels & Resorts (XHR).

(RRR) raised $532 million in an 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.

Media headlines about RRR stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Red Rock Resorts earned a media sentiment score of 0.13 on Accern's scale. They also assigned news stories about the company an impact score of 45.77 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Red Rock Resorts' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bamco Inc. NY (6.84%), Diamond Hill Capital Management Inc. (4.07%), BlackRock Inc. (3.66%), JPMorgan Chase & Co. (1.66%), Millennium Management LLC (0.86%) and Northern Trust Corp (0.70%). View Institutional Ownership Trends for Red Rock Resorts.

RRR stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., JPMorgan Chase & Co., Epoch Investment Partners Inc., Schroder Investment Management Group, Principal Financial Group Inc., Principal Financial Group Inc., Bamco Inc. NY and Pier Capital LLC. View Insider Buying and Selling for Red Rock Resorts.

RRR stock was purchased by a variety of institutional investors in the last quarter, including Scopus Asset Management L.P., Zweig DiMenna Associates LLC, American Century Companies Inc., Schwab Charles Investment Management Inc., Diamond Hill Capital Management Inc., Barclays PLC, Clinton Group Inc. and Quadrature Capital Ltd. 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 $34.81.

Red Rock Resorts has a market capitalization of $4.05 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]