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Red Rock Resorts ( (RRR) ) has provided an announcement.
Red Rock Resorts reported its financial results for the third quarter of 2025, showing a net revenue increase of 1.6% to $475.6 million and a significant net income rise of 38.8% to $76.9 million compared to the same period in 2024. The company also announced an extension and additional authorization for its share repurchase program, increasing the total repurchase authority to approximately $573 million, and declared a cash dividend of $0.26 per Class A common share, highlighting its robust financial position and commitment to returning value to shareholders.
The most recent analyst rating on (RRR) stock is a Hold with a $63.00 price target. To see the full list of analyst forecasts on Red Rock Resorts stock, see the RRR Stock Forecast page.
Spark’s Take on RRR Stock
According to Spark, TipRanks’ AI Analyst, RRR is a Neutral.
Red Rock Resorts demonstrates strong financial performance and growth, particularly in Las Vegas operations, as highlighted in the earnings call. However, high leverage and technical indicators suggest caution. The stock’s valuation appears high, but the dividend yield offers some appeal.
To see Spark’s full report on RRR stock, click here.
More about Red Rock Resorts
Red Rock Resorts is a holding company that manages Station Casinos LLC, a leading provider of gaming, hospitality, and entertainment in Las Vegas, Nevada. Station Casinos operates various properties throughout the Las Vegas valley, offering regional entertainment destinations with amenities such as hotels, restaurants, entertainment venues, and traditional casino gaming.
Average Trading Volume: 725,135
Technical Sentiment Signal: Buy
Current Market Cap: $6.23B
For detailed information about RRR stock, go to TipRanks’ Stock Analysis page.