NASDAQ:RRR Red Rock Resorts (RRR) Stock Price, News & Analysis → Crypto Market Preps For Trillions Worth of Inflows! (From Crypto 101 Media) (Ad) Free rrr Stock Alerts $59.76 +0.12 (+0.20%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$59.17▼$60.3250-Day Range$52.05▼$59.7652-Week Range$37.82▼$60.32Volume313,510 shsAverage Volume312,696 shsMarket Capitalization$6.29 billionP/E Ratio20.26Dividend Yield1.67%Price Target$60.27 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 Buy2.73 Rating ScoreUpside/Downside0.9% Upside$60.27 Price TargetShort InterestBearish4.13% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.73Based on 8 Articles This WeekInsider TradingSelling Shares$434,205 Sold Last QuarterProj. Earnings Growth13.16%From $1.90 to $2.15 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.3.20 out of 5 starsConsumer Discretionary Sector136th out of 266 stocksHotels & Motels Industry18th out of 27 stocks 2.4 Analyst's Opinion Consensus RatingRed Rock Resorts has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $60.27, Red Rock Resorts has a forecasted upside of 0.9% from its current price of $59.76.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. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.13% 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 5.2.Change versus previous monthShort interest in Red Rock Resorts has recently increased by 17.82%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldRed Rock Resorts pays a meaningful dividend of 1.75%, 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 33.90%. 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 46.51% next year. This indicates that Red Rock Resorts will be able to sustain or increase its 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 2.6 News and Social Media Coverage News SentimentRed Rock Resorts has a news sentiment score of 0.73. 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 higher news sentiment than the 0.62 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Red Rock Resorts this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for RRR on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Red Rock Resorts to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 $434,205.00 in company stock.Percentage Held by Insiders54.20% 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Red Rock Resorts are expected to grow by 13.16% in the coming year, from $1.90 to $2.15 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Red Rock Resorts is 20.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Red Rock Resorts is 20.26, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.04.Price to Earnings Growth RatioRed Rock Resorts has a PEG Ratio of 3.91. 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 25.65. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. 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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 HeadlinesMarch 27, 2024 | americanbankingnews.comRed Rock Resorts (NASDAQ:RRR) Receives New Coverage from Analysts at MizuhoMarch 26, 2024 | markets.businessinsider.comExpert Outlook: Red Rock Resorts Through The Eyes Of 12 AnalystsMarch 28, 2024 | DTI (Ad)CBOE shift unlocks new weekend income strategyYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. You're probably wondering, “Okay… But how does that affect me?” This perk now allows everyday traders like yourself to target extra income over the weekend. March 25, 2024 | finance.yahoo.comRed Rock Resorts, Inc. (NASDAQ:RRR) Shares Could Be 47% Below Their Intrinsic Value EstimateMarch 23, 2024 | americanbankingnews.comRed Rock Resorts (NASDAQ:RRR) Stock Crosses Above Two Hundred Day Moving Average of $48.69March 18, 2024 | msn.comThis New Boutique Hotel in Sedona, Arizona, Has a Heated Outdoor Pool, Uninterrupted Views of the Red Rocks, and a Pet PsychicMarch 7, 2024 | prnewswire.comStation Casinos LLC Announces Pricing of Senior Notes OfferingMarch 7, 2024 | finance.yahoo.comStation Casinos LLC Announces Proposed Offering of Senior NotesMarch 28, 2024 | MarketBeat (Ad)Your $200 account credit is about to expireUpdate to MarketBeat All Access and Save $300 on Your Annual SubscriptionMarch 7, 2024 | prnewswire.comStation Casinos LLC Announces Proposed Offering of Senior NotesMarch 5, 2024 | msn.comHere's Why Red Rock Resorts (RRR) Rose in Q4March 5, 2024 | finance.yahoo.comHere’s Why Red Rock Resorts (RRR) Rose in Q4February 27, 2024 | benzinga.comMajor Update: Lawrence Stephen Cootey At Red Rock Resorts Exercises Options, Making A Strategic MoveFebruary 27, 2024 | finance.yahoo.comRed Rock Resorts (NASDAQ:RRR) Has Affirmed Its Dividend Of $0.25February 24, 2024 | msn.comRed Rock Resorts (RRR) Price Target Increased by 14.29% to 61.88February 24, 2024 | finance.yahoo.comRed Rock Resorts Insiders Added US$3.30m Of Stock To Their HoldingsFebruary 24, 2024 | finance.yahoo.comRed Rock Resorts Inc EVP & CFO Stephen Cootey Sells 38,781 SharesFebruary 23, 2024 | benzinga.comRed Rock Resorts Stock (NASDAQ:RRR), Quotes and News SummaryFebruary 13, 2024 | finance.yahoo.comUBSFY or RRR: Which Is the Better Value Stock Right Now?February 13, 2024 | seekingalpha.comRRR: An Update As The Shares Rise To New HighsFebruary 8, 2024 | finanznachrichten.deRed Rock Resorts, Inc.: Red Rock Resorts Announces Fourth Quarter and Full Year 2023 ResultsFebruary 8, 2024 | markets.businessinsider.comStrong Performance and Promising Outlook: Buy Rating for Red Rock ResortsFebruary 8, 2024 | markets.businessinsider.comNavigating 8 Analyst Ratings For Red Rock ResortsFebruary 8, 2024 | finance.yahoo.comRed Rock Resorts (RRR) Q4 Earnings & Revenues Beat EstimatesFebruary 8, 2024 | finance.yahoo.comRed Rock Resorts, Inc. (NASDAQ:RRR) Q4 2023 Earnings Call TranscriptFebruary 8, 2024 | finance.yahoo.comQ4 2023 Red Rock Resorts Inc Earnings CallFebruary 8, 2024 | markets.businessinsider.comStrong Performance and Strategic Management Affirm Red Rock Resorts’ Buy RatingSee 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 Last Earnings2/07/2024Ex-Dividend for 3/4 Dividend2/21/2024Dividend Payable3/04/2024Ex-Dividend for 3/29 Dividend3/14/2024Today3/27/2024Dividend Payable3/29/2024Next Earnings (Estimated)5/02/2024Fiscal 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$60.27 High Stock Price Target$69.00 Low Stock Price Target$51.00 Potential Upside/Downside+0.9%Consensus RatingModerate Buy Rating Score (0-4)2.73 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$2.95 Trailing P/E Ratio20.26 Forward P/E Ratio31.45 P/E Growth3.91Net Income$176 million Net Margins10.21% Pretax Margin22.08% Return on Equity114.32% Return on Assets4.69% Debt Debt-to-Equity Ratio13.54 Current Ratio0.81 Quick Ratio0.76 Sales & Book Value Annual Sales$1.72 billion Price / Sales3.65 Cash Flow$3.07 per share Price / Cash Flow19.45 Book Value$2.33 per share Price / Book25.65Miscellaneous Outstanding Shares105,190,000Free Float48,176,000Market Cap$6.29 billion OptionableOptionable Beta2.06 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Frank J. Fertitta III (Age 62)Chairman & CEO Comp: $3.26MMr. Scott Kreeger (Age 57)President Comp: $2.57MMr. Stephen Cootey (Age 55)Executive VP, CFO & Treasurer Comp: $1.78MMr. Jeffrey T. Welch (Age 61)Executive VP & Chief Legal Officer Comp: $1.66MMr. Robert A. Finch (Age 63)Executive Officer Comp: $1.37MMr. Kord Nichols (Age 42)Executive VP & COO Wes AllisonChief Accounting OfficerMr. Daniel P. FoleyVice President of Finance & Investor RelationsMore ExecutivesKey CompetitorsChoice Hotels InternationalNYSE:CHHBoyd GamingNYSE:BYDWyndham Hotels & ResortsNYSE:WHWyndham DestinationsNYSE:WYNDPark Hotels & ResortsNYSE:PKView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Sold 103,488 shares on 3/11/2024Ownership: 4.684%Virtu Financial LLCBought 3,981 shares on 2/26/2024Ownership: 0.004%Stephen Lawrence CooteySold 7,520 sharesTotal: $434,204.80 ($57.74/share)Price T Rowe Associates Inc. MDSold 383,651 shares on 2/16/2024Ownership: 0.363%Nuveen Asset Management LLCBought 1,471 shares on 2/15/2024Ownership: 0.131%View All Insider TransactionsView All Institutional Transactions RRR Stock Analysis - Frequently Asked Questions Should I buy or sell Red Rock Resorts stock right now? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Red Rock Resorts in the last twelve months. There are currently 3 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? 11 Wall Street analysts have issued 1-year price objectives for Red Rock Resorts' shares. Their RRR share price targets range from $51.00 to $69.00. On average, they predict the company's stock price to reach $60.27 in the next year. This suggests a possible upside of 0.9% 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 at the start of the year. Since then, RRR stock has increased by 12.1% and is now trading at $59.76. 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, May 2nd 2024. View our RRR earnings forecast. How were Red Rock Resorts' earnings last quarter? Red Rock Resorts, Inc. (NASDAQ:RRR) issued its quarterly earnings data on Wednesday, February, 7th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.55. The business had revenue of $462.71 million for the quarter, compared to analyst estimates of $440.75 million. Red Rock Resorts had a net margin of 10.21% and a trailing twelve-month return on equity of 114.32%. Red Rock Resorts's quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.00 EPS. How often does Red Rock Resorts pay dividends? What is the dividend yield for Red Rock Resorts? Red Rock Resorts declared a quarterly dividend on Wednesday, February 7th. Shareholders of record on Friday, March 15th will be given a dividend of $0.25 per share on Friday, March 29th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date of this dividend is Thursday, March 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 1.75%. The dividend payout ratio is 33.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RRR will have a dividend payout ratio of 46.51% 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 Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ), B.A.D. Etf (BAD), AdvisorShares Hotel ETF (BEDZ), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Invesco DWA SmallCap Momentum ETF (DWAS) and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS).Small Cap US Equity Select ETF (RNSC). 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 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. Who are Red Rock Resorts' major shareholders? Red Rock Resorts' stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (4.72%), Vanguard Group Inc. (4.68%), Eminence Capital LP (2.27%), Massachusetts Financial Services Co. MA (2.19%), Westfield Capital Management Co. LP (1.33%) and Franklin Resources Inc. (0.98%). Insiders that own company stock include 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 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the Markets“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin Analytics 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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