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Red Rock Resorts (RRR)
NASDAQ:RRR
Holding RRR?
Track your performance easily
RRR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$40.22 - $63.29
Previous Close$52.33
Volume898.37K
Average Volume (3M)445.62K
Market Cap
$5.39B
Enterprise Value$8.76B
Total Cash (Recent Filing)$136.45M
Total Debt (Recent Filing)$3.44B
Price to Earnings (P/E)21.1
Beta1.04
Next Earnings
Nov 07, 2024EPS Estimate
$0.36Last Dividend Ex-Date
Sep 16, 2024Dividend Yield1.96%
Share Statistics
EPS (TTM)2.42
Shares Outstanding105,604,628
10 Day Avg. Volume517,022
30 Day Avg. Volume445,617
Standard Deviation0.16
R-Squared0.46
Alpha0.00639
Financial Highlights & Ratios
Price to Book (P/B)37.49
Price to Sales (P/S)2.99
Price to Cash Flow (P/CF)9.70
P/FCF Ratio15.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.74
Enterprise Value/Gross Profit7.98
Enterprise Value/Ebitda11.68
Forecast
1Y Price Target
$61.00Price Target Upside7.75% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Red Rock Resorts News
Bulls Say, Bears Say
Bulls Say
Expansion And DevelopmentConstruction started on North Fork, which is viewed as a category killer in the Fresno/Madera, California area.
Financial PerformanceRRR achieved record results in non-gaming, with strong visitation and spend per visit.
Market PositionRRR is the best performing brick/mortar gaming stock with durable growth, driven by Durango’s ramp and the potential from its land bank build-out.
Bears Say
Consumer SentimentThe current and ongoing distractions include the Olympics and the contested presidential election, which could affect consumer sentiment.
Market PerceptionFrequent ads telling people their economic situation is dire doesn't help the consumer psyche.
Valuation ConcernsRRR's valuation pales only to CHDN, though CHDN will grow EBITDA 13% compared to RRR’s 5%.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Red Rock Resorts
Desktop Users
Mobile Users
RRR FAQ
What was Red Rock Resorts’s price range in the past 12 months?
Red Rock Resorts lowest stock price was $40.22 and its highest was $63.28 in the past 12 months.
What is Red Rock Resorts’s market cap?
Currently, no data Available
When is Red Rock Resorts’s upcoming earnings report date?
Red Rock Resorts’s upcoming earnings report date is Nov 07, 2024 which is 3 days ago.
How were Red Rock Resorts’s earnings last quarter?
Red Rock Resorts released its earnings results on Jul 23, 2024. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.438 by $0.152.
Is Red Rock Resorts overvalued?
According to Wall Street analysts Red Rock Resorts’s price is currently Undervalued.
Does Red Rock Resorts pay dividends?
Red Rock Resorts pays a Quarterly dividend of $0.25 which represents an annual dividend yield of 1.96%. See more information on Red Rock Resorts dividends here
What is Red Rock Resorts’s EPS estimate?
Red Rock Resorts’s EPS estimate is $0.36.
How many shares outstanding does Red Rock Resorts have?
Red Rock Resorts has 59,618,824 shares outstanding.
What happened to Red Rock Resorts’s price movement after its last earnings report?
Red Rock Resorts reported an EPS of $0.59 in its last earnings report, beating expectations of $0.438. Following the earnings report the stock price went down -7.232%.
Which hedge fund is a major shareholder of Red Rock Resorts?
Among the largest hedge funds holding Red Rock Resorts’s share is Diamond Hill Capital Management Inc. It holds Red Rock Resorts’s shares valued at 241M.
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Red Rock Resorts Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$61.00 (7.75% Upside)
$61.00 (7.75% Upside)
Blogger Sentiment
Bullish
RRR Sentiment 100%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 352.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $10.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 0.9%
Last 30 Days ▼ 0.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
40.18%
12-Months-Change
Fundamentals
Return on Equity
131.55%
Trailing 12-Months
Asset Growth
8.83%
Trailing 12-Months
Company Description
Red Rock Resorts
Red Rock Resorts, Inc. is a holding company, which engages in the management and development of gaming and entertainment facilities. The firm operates through the following segments: Las Vegas Operations and Native American Management. Its amenities include restaurants, entertainment venues, movie theatres, bowling and convention or banquet space, as well as traditional casino gaming offerings such as video poker, slot machines, table games, bingo and race and sports wagering. The company was founded in 1976 and is headquartered in Las Vegas, NV.
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RRR Earnings Call
Q2 2024
0:00 / 0:00
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RRR Stock 12 Month Forecast
Average Price Target
$61.00
▲(7.75% Upside)
Technical Analysis
Best Analysts Covering RRR
1 Year
1 Year Success Rate
12/16 ratings generated profit
1 Year Average Return
+13.83%
reiterated a buy rating 4 months ago
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