NASDAQ:RRR Red Rock Resorts (RRR) Stock Price, News & Analysis → Bible Shocker: Have You Seen Elon Musk’s Miracle? (From InvestorPlace) (Ad) Free RRR Stock Alerts $51.32 -0.17 (-0.33%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$51.06▼$51.7750-Day Range$50.22▼$62.4852-Week Range$37.82▼$63.28Volume243,732 shsAverage Volume590,165 shsMarket Capitalization$5.40 billionP/E Ratio17.82Dividend Yield1.95%Price Target$61.58 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Red Rock Resorts alerts: Email Address Red Rock Resorts MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside20.0% Upside$61.58 Price TargetShort InterestHealthy3.26% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.40Based on 9 Articles This WeekInsider TradingSelling Shares$40.75 M Sold Last QuarterProj. Earnings Growth15.30%From $1.83 to $2.11 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.61 out of 5 starsConsumer Discretionary Sector30th out of 268 stocksHotels & Motels Industry6th out of 27 stocks 3.3 Analyst's Opinion Consensus RatingRed Rock Resorts has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 8 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageRed Rock Resorts has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Red Rock Resorts' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.26% of the float of Red Rock Resorts has been sold short.Short Interest Ratio / Days to CoverRed Rock Resorts has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Red Rock Resorts has recently decreased by 5.78%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldRed Rock Resorts pays a meaningful dividend of 1.95%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthRed Rock Resorts does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Red Rock Resorts is 34.72%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Red Rock Resorts will have a dividend payout ratio of 47.39% next year. This indicates that Red Rock Resorts will be able to sustain or increase its dividend.Read more about Red Rock Resorts' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RRR. Previous Next 2.4 News and Social Media Coverage News SentimentRed Rock Resorts has a news sentiment score of 0.40. 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 0.57 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Red Rock Resorts this week, compared to 3 articles on an average week.Search Interest6 people have searched for RRR on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Red Rock Resorts to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Red Rock Resorts insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $40,746,205.00 in company stock.Percentage Held by Insiders53.28% 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 Institutions47.84% 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.Read more about Red Rock Resorts' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Red Rock Resorts are expected to grow by 15.30% in the coming year, from $1.83 to $2.11 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Red Rock Resorts is 17.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.91.Price to Earnings Ratio vs. SectorThe P/E ratio of Red Rock Resorts is 17.82, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.93.Price to Earnings Growth RatioRed Rock Resorts has a PEG Ratio of 2.45. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioRed Rock Resorts has a P/B Ratio of 29.16. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Red Rock Resorts' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaThe Overlooked Retirement Asset You Probably Don’t Own4 out of 5 Americans believe we’re on the brink of a retirement crisis. Luckily, in these unprecedented times, we have an unprecedented solution. Once considered a “fringe” investment, the crypto market is now taking the world by storm.Click here to access the Crypto Retirement Blueprint now. About Red Rock Resorts Stock (NASDAQ:RRR)Red Rock Resorts, Inc., through its interest in Station Casinos LLC, develops and operates casino and entertainment properties in the United States. The company owns and operates gaming and entertainment facilities, including Durango Casino & Resort and smaller casinos in the Las Vegas regional market. 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. was founded in 1976 and is based in Las Vegas, Nevada.Read More RRR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RRR Stock News HeadlinesMay 16 at 12:09 PM | insidertrades.comRed Rock Resorts, Inc. (NASDAQ:RRR) CEO Frank J. Fertitta III Sells 800,000 SharesMay 19 at 9:45 AM | 247wallst.comCEOs and Other Insiders Are Buying Shares of These 7 StocksMay 17 at 8:49 AM | investing.comRed Rock Resorts Inc (RRR)May 17 at 4:18 AM | americanbankingnews.comFrank J. Fertitta III Sells 800,000 Shares of Red Rock Resorts, Inc. (NASDAQ:RRR) StockMay 15, 2024 | americanbankingnews.comBank of America Upgrades Red Rock Resorts (NASDAQ:RRR) to NeutralMay 13, 2024 | msn.comB of A Securities Upgrades Red Rock Resorts (RRR)May 12, 2024 | americanbankingnews.comStifel Nicolaus Trims Red Rock Resorts (NASDAQ:RRR) Target Price to $59.00May 12, 2024 | americanbankingnews.comMizuho Lowers Red Rock Resorts (NASDAQ:RRR) Price Target to $66.00May 10, 2024 | americanbankingnews.comRed Rock Resorts (NASDAQ:RRR) PT Lowered to $65.00May 10, 2024 | americanbankingnews.comRed Rock Resorts (NASDAQ:RRR) Price Target Cut to $63.00May 9, 2024 | finance.yahoo.comRed Rock Resorts First Quarter 2024 Earnings: EPS Beats ExpectationsMay 9, 2024 | americanbankingnews.comRed Rock Resorts (NASDAQ:RRR) Shares Down 7.6% Following Analyst DowngradeMay 9, 2024 | finanznachrichten.deRed Rock Resorts, Inc.: Red Rock Resorts Announces First Quarter 2024 ResultsMay 9, 2024 | markets.businessinsider.comChad Beynon Reiterates Buy Rating on Red Rock Resorts Citing Strong Performance and Growth PotentialMay 8, 2024 | msn.comRed Rock Resorts slides after Durango cannibalization, unfavorable betting outcomes clip Q1 resultsMay 8, 2024 | finance.yahoo.comRed Rock Resorts, Inc. (NASDAQ:RRR) Q1 2024 Earnings Call TranscriptMay 8, 2024 | msn.comRed Rock Resorts Analysts Cut Their Forecasts After Q1 ResultsMay 8, 2024 | finance.yahoo.comRed Rock Resorts Inc (RRR) (Q4 2024) Earnings Call Transcript Highlights: Key Financial ...May 7, 2024 | investorplace.comRRR Stock Earnings: Red Rock Resorts Beats EPS, Misses Revenue for Q1 2024May 7, 2024 | finance.yahoo.comRed Rock Resorts (NASDAQ:RRR) Reports Q1 In Line With Expectations But Stock DropsMay 7, 2024 | finance.yahoo.comRed Rock Resorts Q1 2024 Earnings: A Close Call with Analyst ProjectionsMay 7, 2024 | prnewswire.comRed Rock Resorts Announces First Quarter 2024 ResultsMay 6, 2024 | finance.yahoo.comEarnings To Watch: Red Rock Resorts (RRR) Reports Q1 Results TomorrowApril 29, 2024 | seekingalpha.comRed Rock Resorts: Under The Radar Despite Solid PerformanceApril 22, 2024 | finance.yahoo.comRed Rock Resorts (NASDAQ:RRR) Is Experiencing Growth In Returns On CapitalSee More Headlines Receive RRR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Red Rock Resorts and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/29 Dividend3/14/2024Dividend Payable3/29/2024Last Earnings5/07/2024Today5/18/2024Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Discretionary Industry Hotels & motels Sub-IndustryN/A Current SymbolNASDAQ:RRR CUSIPN/A CIK1653653 Webwww.redrockresorts.com Phone(702) 495-3000FaxN/AEmployees9,385Year Founded2006Price Target and Rating Average Stock Price Target$61.58 High Stock Price Target$69.00 Low Stock Price Target$53.00 Potential Upside/Downside+20.0%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$2.88 Trailing P/E Ratio17.82 Forward P/E Ratio28.04 P/E Growth2.46Net Income$176 million Net Margins9.79% Pretax Margin20.78% Return on Equity98.44% Return on Assets4.50% Debt Debt-to-Equity Ratio18.49 Current Ratio0.90 Quick Ratio0.76 Sales & Book Value Annual Sales$1.72 billion Price / Sales3.13 Cash Flow$2.93 per share Price / Cash Flow17.50 Book Value$1.76 per share Price / Book29.16Miscellaneous Outstanding Shares105,190,000Free Float49,144,000Market Cap$5.40 billion OptionableOptionable Beta2.08 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Frank J. Fertitta III (Age 62)Chairman & CEO Comp: $3.48MMr. Scott Kreeger (Age 57)President Comp: $2.87MMr. Stephen Cootey (Age 55)Executive VP, CFO & Treasurer Comp: $1.82MMr. Jeffrey T. Welch (Age 61)Executive VP & Chief Legal Officer Comp: $1.69MMr. Robert A. Finch (Age 63)Executive Officer Comp: $1.39MMr. Kord Nichols (Age 42)Executive VP & COO Wes AllisonChief Accounting OfficerMr. Daniel P. FoleyVice President of Finance & Investor RelationsMore ExecutivesKey CompetitorsBoyd GamingNYSE:BYDChoice Hotels InternationalNYSE:CHHWyndham Hotels & ResortsNYSE:WHWyndham DestinationsNYSE:WYNDMelco Resorts & EntertainmentNASDAQ:MLCOView All CompetitorsInsiders & InstitutionsComerica BankBought 14,959 shares on 5/17/2024Ownership: 0.254%Walleye Trading LLCSold 1,800 shares on 5/17/2024Ownership: 0.000%California State Teachers Retirement SystemSold 2,630 shares on 5/16/2024Ownership: 0.047%EJF Capital LLCBought 3,777 shares on 5/16/2024Ownership: 0.022%Virtus Investment Advisers Inc.Sold 7,514 shares on 5/16/2024Ownership: 0.011%View All Insider TransactionsView All Institutional Transactions RRR Stock Analysis - Frequently Asked Questions Should I buy or sell Red Rock Resorts stock right now? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Red Rock Resorts in the last twelve months. There are currently 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" RRR shares. View RRR analyst ratings or view top-rated stocks. What is Red Rock Resorts' stock price target for 2024? 12 brokers have issued twelve-month price objectives for Red Rock Resorts' stock. Their RRR share price targets range from $53.00 to $69.00. On average, they predict the company's stock price to reach $61.58 in the next year. This suggests a possible upside of 20.0% from the stock's current price. View analysts price targets for RRR or view top-rated stocks among Wall Street analysts. How have RRR shares performed in 2024? Red Rock Resorts' stock was trading at $53.33 on January 1st, 2024. Since then, RRR stock has decreased by 3.8% and is now trading at $51.32. View the best growth stocks for 2024 here. When is Red Rock Resorts' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our RRR earnings forecast. How were Red Rock Resorts' earnings last quarter? Red Rock Resorts, Inc. (NASDAQ:RRR) released its quarterly earnings data on Tuesday, May, 7th. The company reported $0.68 EPS for the quarter, topping analysts' consensus estimates of $0.50 by $0.18. The firm had revenue of $488.90 million for the quarter, compared to the consensus estimate of $490.49 million. Red Rock Resorts had a trailing twelve-month return on equity of 98.44% and a net margin of 9.79%. Red Rock Resorts's quarterly revenue was up 12.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.75 earnings per share. 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 Tuesday, May 7th. Stockholders of record on Friday, June 14th will be paid a dividend of $0.25 per share on Friday, June 28th. This represents a $1.00 annualized dividend and a dividend yield of 1.95%. The ex-dividend date of this dividend is Friday, June 14th. Read our dividend analysis for RRR. Is Red Rock Resorts a good dividend stock? Red Rock Resorts (NASDAQ:RRR) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.95%. The dividend payout ratio is 34.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RRR will have a dividend payout ratio of 47.39% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for RRR. What ETFs hold Red Rock Resorts' stock? ETFs with the largest weight of Red Rock Resorts (NASDAQ:RRR) stock in their portfolio include Invesco Leisure and Entertainment ETF (PEJ), Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ), B.A.D. Etf (BAD) and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS).Invesco DWA SmallCap Momentum ETF (DWAS). What is Frank J. Fertitta III's approval rating as Red Rock Resorts' CEO? 197 employees have rated Red Rock Resorts Chief Executive Officer Frank J. Fertitta III on Glassdoor.com. Frank J. Fertitta III has an approval rating of 86% among the company's employees. What other stocks do shareholders of Red Rock Resorts own? Based on aggregate information from My MarketBeat watchlists, some companies that other Red Rock Resorts investors own include Xtrackers California Municipal Bond ETF (CA), NVIDIA (NVDA), BlackRock (BLK), Endologix (ELGX), Boeing (BA), Micron Technology (MU), QUALCOMM (QCOM), Chipotle Mexican Grill (CMG), Eldorado Resorts (ERI) and Delta Air Lines (DAL). When did Red Rock Resorts IPO? Red Rock Resorts (RRR) raised $532 million in an initial public offering (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. Who are Red Rock Resorts' major shareholders? Red Rock Resorts' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Bamco Inc. NY (9.90%), Vanguard Group Inc. (4.88%), Westfield Capital Management Co. LP (1.26%), Vaughan Nelson Investment Management L.P. (0.90%), Price T Rowe Associates Inc. MD (0.36%) and Comerica Bank (0.25%). Insiders that own company stock include Frank J Fertitta III, Robert A Finch and Stephen Lawrence Cootey. View institutional ownership trends. 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. Compare Top Brokerages Here. Does Red Rock Resorts have any subsidiaries? The following companies are subsidiares of Red Rock Resorts: Amphenol Phoenix (Anji) Telecom Parts Co. Ltd..Read More This page (NASDAQ:RRR) was last updated on 5/19/2024 by MarketBeat.com Staff From Our PartnersBuy this small stock before coming AI Tidal WaveChaikin AnalyticsCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingShocking $16T Elon Musk Crypto LeakCrypto 101 MediaForget Bitcoin: This $8 Stock Is the Next Big ThingBehind the MarketsDems have chosen Biden replacement?Paradigm PressHow Biden has already won 2024Porter & CompanyExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersA letter is coming from the "Bureau of the Fiscal Service".Stansberry Research Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Red Rock Resorts, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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