NASDAQ:RRR - Red Rock Resorts Stock Price, Forecast & News

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

Red Rock Resorts declared a quarterly dividend on Monday, October 28th. Shareholders of record on Friday, December 13th will be given a dividend of $0.10 per share on Friday, December 27th. This represents a $0.40 annualized dividend and a yield of 1.62%. The ex-dividend date is Thursday, December 12th. View Red Rock Resorts' Dividend History.

Red Rock Resorts Inc (NASDAQ:RRR) issued its quarterly earnings data on Tuesday, November, 5th. The company reported $0.15 EPS for the quarter, topping the Zacks' consensus estimate of $0.11 by $0.04. The firm earned $465.86 million during the quarter, compared to analysts' expectations of $469.74 million. Red Rock Resorts had a return on equity of 7.58% and a net margin of 0.04%. View Red Rock Resorts' Earnings History.

Red Rock Resorts is scheduled to release their next quarterly earnings announcement on Tuesday, February 11th 2020. View Earnings Estimates for Red Rock Resorts.

8 brokers have issued twelve-month price targets for Red Rock Resorts' stock. Their forecasts range from $22.00 to $29.00. On average, they expect Red Rock Resorts' share price to reach $25.57 in the next twelve months. This suggests a possible upside of 3.5% from the stock's current price. View Analyst Price Targets for Red Rock Resorts.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Red Rock Resorts in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Red Rock Resorts.

News stories about RRR stock have trended extremely negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. 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 news sentiment score of -4.5 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Red Rock Resorts.

Red Rock Resorts saw a decrease in short interest in December. As of December 31st, there was short interest totalling 3,650,000 shares, a decrease of 8.5% from the December 15th total of 3,990,000 shares. Based on an average daily volume of 498,700 shares, the short-interest ratio is currently 7.3 days. Currently, 5.6% of the shares of the company are sold short. View Red Rock Resorts' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Red Rock Resorts investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), NIC (EGOV), Athabasca Oil (ATH), Transocean (RIG), Aegean Marine Petroleum Network (ANW), Hudson Technologies (HDSN) and Express (EXPR).

(RRR) raised $532 million in an IPO 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 served 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.

Red Rock Resorts' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Zeke Capital Advisors LLC (2.37%) and Sciencast Management LP (0.01%). Company insiders that own Red Rock Resorts stock include Frank J Fertitta III, Joseph J Hasson and Lorenzo J Fertitta. View Institutional Ownership Trends for Red Rock Resorts.

RRR stock was acquired by a variety of institutional investors in the last quarter, including Zeke Capital Advisors LLC and Sciencast Management LP. Company insiders that have bought Red Rock Resorts stock in the last two years include Frank J Fertitta III and Lorenzo J Fertitta. 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, Robinhood, Fidelity and Charles Schwab.

One share of RRR stock can currently be purchased for approximately $24.70.

Red Rock Resorts has a market capitalization of $2.89 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]