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

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

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 annualized dividend and a dividend yield of 1.92%. The ex-dividend date of this dividend is Thursday, September 12th. View Red Rock Resorts' Dividend History.

Red Rock Resorts Inc (NASDAQ:RRR) announced its quarterly earnings results on Tuesday, August, 6th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.17 by $0.04. The firm had revenue of $482.90 million for the quarter, compared to analyst estimates of $441.48 million. Red Rock Resorts had a net margin of 1.75% and a return on equity of 8.09%. The business's revenue was up 16.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.82 earnings per share. View Red Rock Resorts' Earnings History.

Red Rock Resorts is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Red Rock Resorts.

7 analysts have issued twelve-month target prices for Red Rock Resorts' stock. Their forecasts range from $22.00 to $29.00. On average, they anticipate Red Rock Resorts' share price to reach $25.86 in the next year. This suggests a possible upside of 24.2% from the stock's current price. View Analyst Price Targets 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.

Headlines about RRR stock have been trending negative this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Red Rock Resorts earned a media sentiment score of -2.6 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Red Rock Resorts.

Red Rock Resorts saw a drop in short interest in September. As of September 30th, there was short interest totalling 4,570,000 shares, a drop of 14.1% from the August 30th total of 5,320,000 shares. Based on an average daily volume of 841,500 shares, the short-interest ratio is presently 5.4 days. Approximately 6.9% of the company's shares are short sold. View Red Rock Resorts' Current Options Chain.

Some companies that are related to Red Rock Resorts include Caesars Entertainment (CZR), Hyatt Hotels (H), Choice Hotels International (CHH), Park Hotels & Resorts (PK), Wyndham Hotels & Resorts (WH), Wyndham Destinations (WYND), Eldorado Resorts (ERI), Sunstone Hotel Investors (SHO), Boyd Gaming (BYD), Extended Stay America (STAY), Belmond (BEL), Xenia Hotels & Resorts (XHR), Penn National Gaming (PENN), Studio City International (MSC) and GreenTree Hospitality Group (GHG).

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), Transocean (RIG), Micron Technology (MU) and Och-Ziff Capital Management Group (OZM).

(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.

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.

One share of RRR stock can currently be purchased for approximately $20.82.

Red Rock Resorts has a market capitalization of $2.44 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.

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

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]