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

Company Overview

Red Rock Resorts (NASDAQ: RRR) is a leading gaming and hospitality company primarily operating in the Las Vegas, Nevada market. As the publicly traded affiliate of Station Casinos LLC, the company owns and manages a diversified portfolio of resort-casinos, off-Strip hotels and local entertainment venues. Its properties cater mainly to local and regional customers, offering full-service gaming, lodging and convention facilities across the greater Las Vegas area.

The company’s core operations encompass table games, slot machines, sports wagering and poker rooms, complemented by a robust loyalty program that unites its properties under a single rewards umbrella. Key assets include the flagship Red Rock Resort & Spa in Summerlin, the Mediterranean-inspired Green Valley Ranch Resort Spa & Casino in Henderson, and a collection of neighborhood gaming centers such as Palace Station and Boulder Station. In addition to gaming, Red Rock Resorts features a wide range of restaurants, bars, nightclubs and retail outlets to enhance the guest experience.

Hospitality services are integral to Red Rock’s business model, with each resort offering upscale accommodations, spa and wellness centers, meeting and convention spaces, and entertainment theaters. The company places a strong emphasis on culinary innovation, collaborating with renowned chefs and local dining concepts to attract both gaming customers and visitors seeking high-quality food and beverage experiences. Ancillary revenue streams, including hotel room bookings and event hosting, contribute to a balanced business mix.

Founded on decades of family-led entrepreneurship, Red Rock Resorts traces its roots to Station Casinos’ establishment in 1976 by Frank Fertitta Jr. The current leadership team, headed by chairman and CEO Frank J. Fertitta III, continues to pursue strategic expansion and property enhancements. With ongoing investments in new developments such as the Durango Casino & Resort and targeted renovations across its portfolio, the company remains focused on reinforcing its position as a premier local resort operator in the competitive Southern Nevada market.

Key Stats

• Today's Range: $54.59 to $55.12
• 50-Day Range: $42.27 to $55.99
• 52-Week Range: $35.09 to $61.73
• Volume: 428,866 shs
• Average Volume: 607,740 shs
• Market Capitalization: $5.94 billion
• P/E Ratio: 21.70
• Dividend Yield: 1.79%
• Price Target: $52.00
• Consensus Rating: Moderate Buy

Red Rock Resorts Stock Analysis - MarketRank™

Red Rock Resorts scored higher than 65% of companies evaluated by MarketBeat, and ranked 373rd out of 861 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Red Rock Resorts has received a consensus rating of Moderate Buy. The company's average rating score is 2.55, and is based on 6 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Red Rock Resorts has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 8.52%

Earnings Growth

Earnings for Red Rock Resorts are expected to grow by 8.52% in the coming year, from $1.76 to $1.91 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Red Rock Resorts is 21.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.57.

Price to Earnings Ratio vs. Sector

The P/E ratio of Red Rock Resorts is 21.70, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 20.99.

Price to Earnings Growth Ratio

Red Rock Resorts has a PEG Ratio of 5.75. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Red Rock Resorts has a P/B Ratio of 19.24. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.66% of the float of Red Rock Resorts has been sold short.

Short Interest Ratio / Days to Cover

Red Rock Resorts has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Red Rock Resorts has recently decreased by 0.36%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Red Rock Resorts pays a meaningful dividend of 1.84%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Red Rock Resorts does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Red Rock Resorts is 38.76%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Red Rock Resorts will have a dividend payout ratio of 52.36% next year. This indicates that Red Rock Resorts will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.66% of the float of Red Rock Resorts has been sold short.

Short Interest Ratio / Days to Cover

Red Rock Resorts has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Red Rock Resorts has recently decreased by 0.36%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.24

News Sentiment

Red Rock Resorts has a news sentiment score of 0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Red Rock Resorts this week, compared to 5 articles on an average week.

Search Interest

1 people have searched for RRR on MarketBeat in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Red Rock Resorts insiders have not sold or bought any company stock.

Percentage Held by Insiders

53.81% of the stock of Red Rock Resorts is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

47.84% of the stock of Red Rock Resorts is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RRR Stock Analysis - Frequently Asked Questions

How have RRR shares performed this year?

Red Rock Resorts' stock was trading at $46.24 at the beginning of the year. Since then, RRR stock has increased by 21.1% and is now trading at $55.9940.

How were Red Rock Resorts' earnings last quarter?

Red Rock Resorts, Inc. (NASDAQ:RRR) posted its earnings results on Thursday, May, 1st. The company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.33. The company's quarterly revenue was up 1.8% compared to the same quarter last year.
Read the conference call transcript.

Does Red Rock Resorts have any subsidiaries?

Red Rock Resorts subsidiaries include Amphenol Phoenix (Anji) Telecom Parts Co. Ltd..

When did Red Rock Resorts IPO?

Red Rock Resorts (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.

How do I buy shares of Red Rock Resorts?

Shares of RRR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Red Rock Resorts own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Red Rock Resorts investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AU Optronics (AUOTY), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 5/01/2025
• Record date for 6/30 Dividend: 6/16/2025
• Ex-Dividend for 6/30 Dividend: 6/16/2025
• Record date for 6/30 Dividend: 6/16/2025
• Ex-Dividend for 6/30 Dividend: 6/16/2025
• Dividend Payable: 6/30/2025
• Dividend Payable: 6/30/2025
• Today: 7/04/2025
• Next Earnings (Estimated): 7/29/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: GAMING
• Sub-Industry: Restaurants, Hotels, Motels
• Current Symbol: NASDAQ:RRR
• CIK: 1653653
• Web: www.redrockresorts.com
• Phone: (702) 495-3000
• Fax: N/A
• Employees: 9,300
• Year Founded: 2006

Price Target and Rating

• Average Stock Price Target: $52.00
• High Stock Price Target: $62.00
• Low Stock Price Target: $43.00
• Potential Upside/Downside: -7.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.55
• Research Coverage: 11 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.58
• Trailing P/E Ratio: 21.70
• Forward P/E Ratio: 31.81
• P/E Growth: 5.75
• Net Income: $154.05 million
• Net Margins: 8.01%
• Pretax Margin: 17.57%
• Return on Equity: 56.45%
• Return on Assets: 3.99%

Debt

• Debt-to-Equity Ratio: 9.04
• Current Ratio: 0.92
• Quick Ratio: 0.87

Sales & Book Value

• Annual Sales: $1.94 billion
• Price / Sales: 3.06
• Cash Flow: $3.33 per share
• Price / Cash Flow: 16.84
• Book Value: $2.91 per share
• Price / Book: 19.24

Miscellaneous

• Outstanding Shares: 106,040,000
• Free Float: 48,982,000
• Market Cap: $5.94 billion
• Optionable: Optionable
• Beta: 1.62