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

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$34.81 +0.88 (+2.59 %)
(As of 06/17/2018 04:00 PM ET)
Previous Close$34.81
Today's Range$33.80 - $34.89
52-Week Range$21.41 - $35.77
Volume559,327 shs
Average Volume483,607 shs
Market Capitalization$4.05 billion
P/E Ratio56.15
Dividend Yield1.15%
Beta1.65

About Red Rock Resorts (NASDAQ:RRR)

Red Rock Resorts logoRed 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

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

Debt

Debt-to-Equity Ratio3.67
Current Ratio1.09
Quick Ratio1.04

Price-To-Earnings

Trailing P/E Ratio56.15
Forward P/E Ratio26.98
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.62 billion
Price / Sales2.51
Cash Flow$2.0369 per share
Price / Cash17.09
Book Value$5.49 per share
Price / Book6.34

Profitability

EPS (Most Recent Fiscal Year)$0.62
Net Income$35.15 million
Net Margins4.11%
Return on Equity16.46%
Return on Assets2.79%

Miscellaneous

Employees13,540
Outstanding Shares116,350,000

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 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.

How were Red Rock Resorts' earnings last quarter?

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.

When is Red Rock Resorts' next earnings date?

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

What price target have analysts set for RRR?

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.

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, Chief Admin. Officer & Treasurer (Age 49)
  • Mr. Joseph J. Hasson, EVP & 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 $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.

Has Red Rock Resorts been receiving favorable news coverage?

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.

Who are Red Rock Resorts' major shareholders?

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.

Which institutional investors are selling Red Rock Resorts stock?

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.

Which institutional investors are buying Red Rock Resorts stock?

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.

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 $34.81.

How big of a company is Red Rock Resorts?

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.

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 (RRR)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  187 (Vote Outperform)
Underperform Votes:  164 (Vote Underperform)
Total Votes:  351
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 6/17/2018 by MarketBeat.com Staff

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