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. Shareholders 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 yield of 1.15%. The ex-dividend date is Thursday, June 14th. View Red Rock Resorts' Dividend History.

Red Rock Resorts Inc (NASDAQ:RRR) issued its quarterly earnings data on Tuesday, May, 1st. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.04. The company earned $421.04 million during 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 Wall Street analysts have issued 12 month price objectives for Red Rock Resorts' stock. Their forecasts 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 initial public offering 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 headlines about RRR stock have trended somewhat positive recently, Accern Sentiment reports. Accern scores the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded 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 0.08 on Accern's scale. They also assigned news articles about the company an impact score of 47.97 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

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 $34.72.

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]