Zacks Research Has Pessimistic Outlook of RRR Q3 Earnings

Red Rock Resorts, Inc. (NASDAQ:RRR - Free Report) - Stock analysts at Zacks Research cut their Q3 2025 earnings per share (EPS) estimates for Red Rock Resorts in a research report issued to clients and investors on Monday, April 7th. Zacks Research analyst M. Kaushik now expects that the company will post earnings per share of $0.36 for the quarter, down from their previous forecast of $0.39. The consensus estimate for Red Rock Resorts' current full-year earnings is $1.76 per share. Zacks Research also issued estimates for Red Rock Resorts' Q4 2025 earnings at $0.43 EPS, FY2025 earnings at $1.64 EPS, Q1 2026 earnings at $0.52 EPS, Q2 2026 earnings at $0.43 EPS, Q3 2026 earnings at $0.40 EPS, Q4 2026 earnings at $0.45 EPS, FY2026 earnings at $1.80 EPS, Q1 2027 earnings at $0.51 EPS and FY2027 earnings at $2.07 EPS.

Several other research firms also recently weighed in on RRR. Mizuho raised their target price on Red Rock Resorts from $44.00 to $52.00 and gave the company a "neutral" rating in a research report on Wednesday, February 12th. Truist Financial lowered their target price on shares of Red Rock Resorts from $56.00 to $49.00 and set a "hold" rating on the stock in a research note on Tuesday, January 14th. Susquehanna increased their price target on shares of Red Rock Resorts from $60.00 to $61.00 and gave the company a "positive" rating in a research note on Wednesday, February 12th. JMP Securities lowered their price objective on Red Rock Resorts from $61.00 to $57.00 and set a "market outperform" rating for the company in a research report on Thursday, January 16th. Finally, Jefferies Financial Group restated a "hold" rating and issued a $51.00 target price (down previously from $64.00) on shares of Red Rock Resorts in a research report on Friday, January 3rd. Seven research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $57.33.

Red Rock Resorts Price Performance

Red Rock Resorts stock traded up $0.32 during midday trading on Wednesday, reaching $40.81. The company had a trading volume of 260,273 shares, compared to its average volume of 561,590. The company has a debt-to-equity ratio of 14.28, a current ratio of 1.02 and a quick ratio of 0.96. Red Rock Resorts has a 12-month low of $35.09 and a 12-month high of $61.73. The company has a market capitalization of $4.33 billion, a P/E ratio of 16.26, a P/E/G ratio of 4.32 and a beta of 1.69. The firm's fifty day simple moving average is $46.17 and its 200-day simple moving average is $48.47.

Red Rock Resorts (NASDAQ:RRR - Get Free Report) last released its quarterly earnings results on Tuesday, February 11th. The company reported $0.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.42 by $0.34. Red Rock Resorts had a net margin of 7.94% and a return on equity of 71.00%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in RRR. Bamco Inc. NY lifted its holdings in Red Rock Resorts by 6.9% during the 4th quarter. Bamco Inc. NY now owns 11,356,201 shares of the company's stock worth $525,111,000 after buying an additional 732,917 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Red Rock Resorts by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 5,181,146 shares of the company's stock valued at $239,576,000 after purchasing an additional 50,193 shares during the period. Eminence Capital LP raised its position in Red Rock Resorts by 36.1% in the 4th quarter. Eminence Capital LP now owns 2,056,588 shares of the company's stock valued at $95,097,000 after purchasing an additional 546,047 shares in the last quarter. Long Pond Capital LP raised its position in Red Rock Resorts by 142.5% in the 4th quarter. Long Pond Capital LP now owns 1,474,153 shares of the company's stock valued at $68,165,000 after purchasing an additional 866,320 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. boosted its stake in shares of Red Rock Resorts by 20.6% in the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 1,344,058 shares of the company's stock valued at $62,149,000 after buying an additional 229,843 shares during the period. Institutional investors and hedge funds own 47.84% of the company's stock.

Red Rock Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were given a dividend of $0.25 per share. The ex-dividend date was Monday, March 17th. This represents a $1.00 annualized dividend and a dividend yield of 2.45%. Red Rock Resorts's dividend payout ratio is presently 39.84%.

Red Rock Resorts 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.