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

$21.60
+0.36 (+1.69 %)
(As of 09/23/2019 11:31 AM ET)
Today's Range
$21.29
Now: $21.60
$21.73
50-Day Range
$16.88
MA: $20.22
$22.70
52-Week Range
$16.76
Now: $21.60
$29.80
Volume15,809 shs
Average Volume752,979 shs
Market Capitalization$2.53 billion
P/E Ratio16.51
Dividend Yield1.83%
Beta2.08
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. Read More…

Industry, Sector and Symbol

Industry Hotels & motels
Sub-IndustryN/A
SectorConsumer Discretionary
Current SymbolNASDAQ:RRR
CUSIPN/A
Phone702-495-3000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.68 billion
Cash Flow$2.4134 per share
Book Value$7.01 per share

Profitability

Net Income$157.54 million

Miscellaneous

Employees13,800
Market Cap$2.53 billion
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable

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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 announced a quarterly dividend on Tuesday, August 6th. Investors of record on Friday, September 13th will be given a dividend of $0.10 per share on Friday, September 27th. This represents a $0.40 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date is Thursday, September 12th. View Red Rock Resorts' Dividend History.

How were Red Rock Resorts' earnings last quarter?

Red Rock Resorts Inc (NASDAQ:RRR) released its quarterly earnings data on Tuesday, August, 6th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.17 by $0.04. The business had revenue of $482.90 million for the quarter, compared to analysts' expectations of $441.48 million. Red Rock Resorts had a return on equity of 8.09% and a net margin of 1.75%. The firm's revenue was up 16.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.82 EPS. 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 Wednesday, November 6th 2019. View Earnings Estimates for Red Rock Resorts.

What price target have analysts set for RRR?

7 Wall Street analysts have issued 12-month price targets for Red Rock Resorts' shares. Their predictions range from $22.00 to $29.00. On average, they anticipate Red Rock Resorts' share price to reach $25.8571 in the next year. This suggests a possible upside of 19.7% 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 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Red Rock Resorts.

Has Red Rock Resorts been receiving favorable news coverage?

Media coverage about RRR stock has been trending somewhat negative this week, InfoTrie reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Red Rock Resorts earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Red Rock Resorts.

Are investors shorting Red Rock Resorts?

Red Rock Resorts saw a drop in short interest in August. As of August 31st, there was short interest totalling 4,629,100 shares, a drop of 12.1% from the July 31st total of 5,266,400 shares. Based on an average daily trading volume, of 763,300 shares, the days-to-cover ratio is currently 6.1 days. Approximately 6.9% of the shares of the stock are short sold. View Red Rock Resorts' Current Options Chain.

Who are some of Red Rock Resorts' key competitors?

What other stocks do shareholders of Red Rock Resorts own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Red Rock Resorts investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Transocean (RIG) and Och-Ziff Capital Management Group (OZM).

Who are Red Rock Resorts' key executives?

Red Rock Resorts' management team includes the folowing people:
  • Mr. Frank J. Fertitta III, Chairman & CEO (Age 57)
  • Mr. Richard J. Haskins Esq., Pres (Age 55)
  • Mr. Stephen Cootey, Exec. VP, CFO & Treasurer (Age 50)
  • Mr. Jeffrey T. Welch, Exec. VP & Chief Legal Officer (Age 57)
  • Mr. Joseph J. Hasson, Consultant (Age 63)

When did Red Rock Resorts IPO?

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

Who are Red Rock Resorts' major shareholders?

Red Rock Resorts' stock is owned by many different of retail and institutional investors. Top institutional investors include Bamco Inc. NY (8.18%), Diamond Hill Capital Management Inc. (5.90%), Vanguard Group Inc. (5.50%), BlackRock Inc. (3.98%), Cohen & Steers Inc. (3.66%) and JPMorgan Chase & Co. (3.54%). Company insiders that own Red Rock Resorts stock include Frank J Fertitta III, Joseph J Hasson, Lorenzo J Fertitta and Richard J Haskins. 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 Lomas Capital Management LLC, Marshall Wace LLP, Allianz Asset Management GmbH, Morgan Stanley, Public Employees Retirement System of Ohio, AXA, Wells Fargo & Company MN and Russell Investments Group Ltd.. View Insider Buying and Selling for Red Rock Resorts.

Which institutional investors are buying Red Rock Resorts stock?

RRR stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Cohen & Steers Inc., Diamond Hill Capital Management Inc., Marshall Wace North America L.P., Bamco Inc. NY, JPMorgan Chase & Co., Long Pond Capital LP and Janus Henderson Group PLC. Company insiders that have bought Red Rock Resorts stock in the last two years include Frank J Fertitta III, Lorenzo J Fertitta and Richard J Haskins. 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, Robinhood, Fidelity and Charles Schwab.

What is Red Rock Resorts' stock price today?

One share of RRR stock can currently be purchased for approximately $21.60.

How big of a company is Red Rock Resorts?

Red Rock Resorts has a market capitalization of $2.53 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.

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:  265 (Vote Outperform)
Underperform Votes:  264 (Vote Underperform)
Total Votes:  529
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 9/23/2019 by MarketBeat.com Staff

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