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Red Rock Resorts (RRR)
NASDAQ:RRR
Holding RRR?
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RRR Stock Chart & Stats
Day’s Range― - ―
52-Week Range$42.46 - $63.29
Previous CloseN/A
Volume100.80K
Average Volume (3M)515.23K
Market Cap
$4.94B
Enterprise Value$9.04B
Total Cash (Recent Filing)$133.78M
Total Debt (Recent Filing)$2.38B
Price to Earnings (P/E)20.3
Beta1.12
Next Earnings
Feb 11, 2025EPS Estimate
0.43Last Dividend Ex-Date
Dec 16, 2024Dividend Yield2.14%
Share Statistics
EPS (TTM)2.30
Shares Outstanding59,633,232
10 Day Avg. Volume647,382
30 Day Avg. Volume515,228
Standard Deviation0.16
R-Squared0.45
Alpha0.00444
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.59
Price to Cash Flow (P/CF)9.40
P/FCF Ratio19.20
Enterprise Value/Market Cap1.83
Enterprise Value/Revenue4.74
Enterprise Value/Gross Profit8.23
Enterprise Value/Ebitda11.89
Forecast
1Y Price Target
$55.33Price Target Upside18.40% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Red Rock Resorts News
Bulls Say, Bears Say
Bulls Say
Analyst UpgradeAnalyst upgraded RRR to Outperform owing to its multi-year development pipeline, asset quality, and ownership of assets.
Asset PerformanceThe new asset is surpassing targeted returns with a current 15% net ROI.
Market PositionRRR is expected to remain the biggest beneficiary of positive demographic trends in Las Vegas Locals.
Bears Say
Financial PerformanceEBITDA fell short of expectations, with margins contracting significantly compared to the previous year.
Market OutlookThe outlook is difficult with questionable market growth and elevated capital expenditures, creating a situation likely to result in neutral or minimal free cash flow.
Project ImpactThere are three major projects expected to cause disruption and pressure on profit margins.
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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 $42.46 and its highest was $63.28 in the past 12 months.
What is Red Rock Resorts’s market cap?
Red Rock Resorts’s market cap is $4.94B.
When is Red Rock Resorts’s upcoming earnings report date?
Red Rock Resorts’s upcoming earnings report date is Feb 11, 2025 which is in 22 days.
How were Red Rock Resorts’s earnings last quarter?
Red Rock Resorts released its earnings results on Nov 07, 2024. The company reported $0.279 earnings per share for the quarter, missing the consensus estimate of $0.363 by -$0.084.
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 $2 which represents an annual dividend yield of 2.14%. See more information on Red Rock Resorts dividends here
What is Red Rock Resorts’s EPS estimate?
Red Rock Resorts’s EPS estimate is 0.43.
How many shares outstanding does Red Rock Resorts have?
Red Rock Resorts has 59,633,232 shares outstanding.
What happened to Red Rock Resorts’s price movement after its last earnings report?
Red Rock Resorts reported an EPS of $0.279 in its last earnings report, missing expectations of $0.363. Following the earnings report the stock price went down -4.298%.
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 233M.
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Red Rock Resorts Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$55.33 (18.40% Upside)
$55.33 (18.40% Upside)
Blogger Sentiment
Bullish
RRR Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 546.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 15.3%
Last 30 Days ▼ 15.3%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-5.74%
12-Months-Change
Fundamentals
Return on Equity
109.60%
Trailing 12-Months
Asset Growth
3.46%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call presented a strong financial performance with record-breaking results in several segments, including Las Vegas operations, hotel, and food and beverage. However, challenges such as decreased margins, cannibalization effects, and group sales softness were noted. Overall, the positive aspects outweighed the challenges.Read More>---
RRR Stock 12 Month Forecast
Average Price Target
$55.33
▲(18.40% Upside)
Technical Analysis
Monarch Casino & Resort
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Best Analysts Covering RRR
1 Year
1 Year Success Rate
22/32 ratings generated profit
1 Year Average Return
+38.10%
reiterated a buy rating 2 months ago
Copying Joseph Greff's trades and holding each position for 1 Year would result in 68.75% of your transactions generating a profit, with an average return of +38.10% per trade.
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