Get Premium Data for Cyber Monday: Up to 55% Off InvestingProCLAIM SALE

Red Rock Resorts Inc (RRR)

NASDAQ
Currency in USD
50.40
+0.51(+1.02%)
Closed
After Hours
50.400.00(0.00%)
RRR Scorecard
Full Analysis
Impressive gross profit margins
Fair Value
Day's Range
49.8151.15
52 wk Range
43.9063.29
Key Statistics
Edit
Prev. Close
49.89
Open
49.96
Day's Range
49.81-51.15
52 wk Range
43.9-63.29
Volume
529.75K
Average Volume (3m)
600.99K
1-Year Change
15.64%
Book Value / Share
unlockUnlock
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
RRR Scorecardpro icon
Company’s Health
pro lockUnlock
Fair Value
pro lockUnlock Price
Fair Pricepro lock
Upsidepro lock
Price Target
58.79
Upside
+16.65%
Members' Sentiments
Bearish
Bullish
ProTips
5 analysts have revised their earnings downwards for the upcoming period
Show more

Red Rock Resorts Inc Company Profile

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.

Red Rock Resorts Inc SWOT Analysis


Vegas Locals Leade
Red Rock Resorts dominates the Las Vegas Locals market, showcasing strong growth and operational efficiency in a competitive gaming landscape
Expansion Blueprint
Delve into Red Rock's strategic growth initiatives, including Durango Phase 2 and the North Fork Project, set to drive substantial revenue growth
Financial Fortitude
Explore Red Rock's impressive financial trajectory, with analysts projecting an 8% EBITDA CAGR from 2019 to 2026, outpacing industry peers
Analyst Optimism
Discover why analysts maintain a bullish outlook, with price targets around $65, reflecting confidence in Red Rock's growth potential and market position
Read full SWOT analysis
RRR Full Pro Research
Institutional-Grade Stock Analysis
Understand how RRR earns money
Financial health at a glance
Bearish and bullish outlooks
Latest expert insights
Actionable Pro Tips, and many more...
Gain access to 1400+ in-depth research reports on the most popular US stocks

Red Rock Resorts Inc Earnings Call Summary for Q3/2024

  • Red Rock Resorts reports record Q2 revenue and EBITDA in Las Vegas; Durango Casino Resort sees 90% visitation increase
  • Plans to expand Durango property by 25,000 sq ft; project estimated to yield 20% ROI within 3 years
  • Net debt-to-EBITDA at 4.2x; aims to delever to 3x target; $136.4M cash on hand at Q2 end
  • Long-term strategy to double portfolio size; focus on Las Vegas locals market and operational efficiency
  • $0.25 per share dividend declared; $168.5M in share repurchases in 2024; positive growth in non-gaming segments
Last Updated: 24/07/2024, 12:32
Read Full Transcript

Compare RRR to Peers and Sector

Metrics to compare
RRR
Peers
Sector
Relationship
P/E Ratio
18.2x33.7x10.7x
PEG Ratio
−1.09−0.870.02
Price/Book
30.2x7.0x1.4x
Price / LTM Sales
2.8x4.7x0.9x
Upside (Analyst Target)
21.3%26.5%20.6%
Fair Value Upside
Unlock−6.2%6.6%Unlock

Analysts' Recommendations

8 Buy
6 Hold
0 Sell
Ratings:
14 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 58.79

(+16.64% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 2.79
Dividend Yield
2.00%
Industry Median 1.13%
Annualised payout
1
Paid quarterly
5-Years Growth
+20.11%
Growth Streak

People Also Watch

285.24
POWL
-2.23%
178.30
CDW
+0.01%
60.03
BN
-1.11%
68.69
QRVO
-1.98%
94.40
WYNN
-0.41%

FAQ

What Is the Red Rock Resorts (RRR) Premarket Price Today?

The Red Rock Resorts (RRR) premarket price is . Premarket price change units: . Premarket percentage change: . Premarket volume: . Current date: 05 Dec 2024. Previous close: 49.89

What Stock Exchange Does Red Rock Resorts Trade On?

Red Rock Resorts is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Red Rock Resorts?

The stock symbol for Red Rock Resorts is "RRR."

What Is the Red Rock Resorts (RRR) Afterhours Price Today? (Afterhours variable test: ) Current Date: 05 Dec 2024

After hours price: . After hours price change (units): . Price change percentage:

What Is the Red Rock Resorts Market Cap?

As of today, Red Rock Resorts market cap is 5.30B.

What is Red Rock Resorts Earnings Per Share?

The Red Rock Resorts EPS is 2.79.

What Is the Next Red Rock Resorts Earnings Date?

Red Rock Resorts will release its next earnings report on 04 Feb 2025.

From a Technical Analysis Perspective, Is RRR a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Sell.

What Is Red Rock Resorts (RRR) Price Target According to Analysts?

Based on analysts, the average 12-month price target for Red Rock Resorts is , with a high estimate of and a low estimate of . analysts recommend buying the stock, while suggest selling, leading to an overall rating of . The stock has an upside potential of %.

What Is Red Rock Resorts (RRR) Price Target According to Analysts?

Based on analysts, the average 12-month price target for Red Rock Resorts is , with a high estimate of and a low estimate of . analysts recommend buying the stock, while suggest selling, leading to an overall rating of . The stock has an upside potential of %.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.