NASDAQ:RRR Red Rock Resorts (RRR) Stock Price, News & Analysis $53.63 +0.12 (+0.22%) (As of 09/12/2024 ET) Add Compare Share Share Today's Range$53.34▼$54.1450-Day Range$49.66▼$61.2452-Week Range$37.82▼$63.28Volume309,889 shsAverage Volume456,005 shsMarket Capitalization$5.66 billionP/E Ratio18.62Dividend Yield1.86%Price Target$63.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Red Rock Resorts alerts: Email Address Red Rock Resorts MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.58 Rating ScoreUpside/Downside18.4% Upside$63.50 Price TargetShort InterestHealthy3.74% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.08Based on 4 Articles This WeekInsider TradingAcquiring Shares$10.43 M Bought Last QuarterProj. Earnings Growth24.69%From $1.62 to $2.02 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.59 out of 5 starsConsumer Discretionary Sector30th out of 262 stocksHotels & Motels Industry7th out of 23 stocks 3.3 Analyst's Opinion Consensus RatingRed Rock Resorts has received a consensus rating of Moderate Buy. The company's average rating score is 2.58, and is based on 7 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageRed Rock Resorts has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Red Rock Resorts' stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.74% of the float of Red Rock Resorts has been sold short.Short Interest Ratio / Days to CoverRed Rock Resorts has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in Red Rock Resorts has recently decreased by 10.00%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldRed Rock Resorts pays a meaningful dividend of 1.83%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthRed Rock Resorts does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Red Rock Resorts is 34.72%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Red Rock Resorts will have a dividend payout ratio of 49.50% next year. This indicates that Red Rock Resorts will be able to sustain or increase its dividend.Read more about Red Rock Resorts' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RRR. Previous Next 2.8 News and Social Media Coverage News SentimentRed Rock Resorts has a news sentiment score of 1.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Red Rock Resorts this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 1 people have added Red Rock Resorts to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Red Rock Resorts insiders have bought 263.41% more of their company's stock than they have sold. Specifically, they have bought $10,426,000.00 in company stock and sold $2,868,912.00 in company stock.Percentage Held by Insiders53.28% of the stock of Red Rock Resorts is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions47.84% of the stock of Red Rock Resorts is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Red Rock Resorts' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Red Rock Resorts are expected to grow by 24.69% in the coming year, from $1.62 to $2.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Red Rock Resorts is 18.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Red Rock Resorts is 18.62, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.13.Price to Earnings Growth RatioRed Rock Resorts has a PEG Ratio of 5.50. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioRed Rock Resorts has a P/B Ratio of 23.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Red Rock Resorts' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsThe $15 "Insider Secret" That Could Save Your RetirementWhat if I told you there's a $15 stock that a billionaire insider just poured $47 MILLION into? That's right. You can grab shares of this potential retirement-maker for less than you'd pay for lunch.Click here to discover the name and ticker of this "$15 billionaire-backed retirement stock" >>> About Red Rock Resorts Stock (NASDAQ:RRR)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.Read More RRR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RRR Stock News HeadlinesSeptember 10 at 7:44 PM | finance.yahoo.comIs There An Opportunity With Red Rock Resorts, Inc.'s (NASDAQ:RRR) 46% Undervaluation?September 5, 2024 | americanbankingnews.comRed Rock Resorts (NASDAQ:RRR) Given New $56.00 Price Target at Morgan StanleySeptember 13, 2024 | Behind the Markets (Ad)The $15 "Insider Secret" That Could Save Your RetirementWhat if I told you there's a $15 stock that a billionaire insider just poured $47 MILLION into? That's right. You can grab shares of this potential retirement-maker for less than you'd pay for lunch.September 5, 2024 | americanbankingnews.comBrokerages Set Red Rock Resorts, Inc. (NASDAQ:RRR) PT at $63.33August 26, 2024 | msn.comRed Rock Resorts gets more aggressive in the Las Vegas locals market with new tavern brandAugust 22, 2024 | finance.yahoo.comRed Rock Resorts (RRR) Down 1.6% Since Last Earnings Report: Can It Rebound?August 12, 2024 | yahoo.comPhoto: Suspect in stabbing of 2 Red Rock resort employeesAugust 8, 2024 | finance.yahoo.comInsider Spends US$5.3m Buying More Shares In Red Rock ResortsSeptember 13, 2024 | Behind the Markets (Ad)The $15 "Insider Secret" That Could Save Your RetirementWhat if I told you there's a $15 stock that a billionaire insider just poured $47 MILLION into? That's right. You can grab shares of this potential retirement-maker for less than you'd pay for lunch.August 6, 2024 | msn.comRed Rock Resorts breaks losing streak on insider buyingAugust 1, 2024 | seekingalpha.comRed Rock Resorts Update: The Bullish Trend Remains IntactJuly 25, 2024 | msn.comWells Fargo Downgrades Red Rock Resorts (RRR)July 25, 2024 | markets.businessinsider.comMaintaining Hold on Red Rock Resorts: Fair Valuation Amidst Solid Performance and Balanced ProspectsJuly 24, 2024 | finanznachrichten.deRed Rock Resorts, Inc.: Red Rock Resorts Announces Second Quarter 2024 ResultsJuly 24, 2024 | msn.comRed Rock Resorts, Inc. (NASDAQ:RRR) Q2 2024 Earnings Call TranscriptJuly 24, 2024 | markets.businessinsider.comRed Rock Resorts Earns ‘Buy’ Rating on Strong Q2 Performance and Promising Market OutlookJuly 23, 2024 | seekingalpha.comRed Rock Resorts, Inc. (RRR) Q2 2024 Earnings Call TranscriptJuly 23, 2024 | investorplace.comRRR Stock Earnings: Red Rock Resorts Misses EPS, Beats Revenue for Q2 2024See More Headlines Receive RRR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Red Rock Resorts and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Last Earnings7/23/2024Today9/12/2024Ex-Dividend for 9/30 Dividend9/16/2024Dividend Payable9/30/2024Next Earnings (Estimated)11/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Discretionary Industry Hotels & motels Sub-IndustryRestaurants, Hotels, Motels Current SymbolNASDAQ:RRR CUSIPN/A CIK1653653 Webwww.redrockresorts.com Phone(702) 495-3000FaxN/AEmployees9,385Year Founded2006Price Target and Rating Average Stock Price Target$63.50 High Stock Price Target$70.00 Low Stock Price Target$55.00 Potential Upside/Downside+18.2%Consensus RatingModerate Buy Rating Score (0-4)2.58 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$2.88 Trailing P/E Ratio18.65 Forward P/E Ratio33.15 P/E Growth5.5Net Income$176 million Net Margins9.21% Pretax Margin19.89% Return on Equity83.84% Return on Assets4.31% Debt Debt-to-Equity Ratio15.15 Current Ratio0.94 Quick Ratio0.89 Sales & Book Value Annual Sales$1.85 billion Price / Sales3.07 Cash Flow$2.87 per share Price / Cash Flow18.70 Book Value$2.33 per share Price / Book23.05Miscellaneous Outstanding Shares105,596,000Free Float49,334,000Market Cap$5.67 billion OptionableOptionable Beta2.04 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Frank J. Fertitta III (Age 62)Chairman & CEO Comp: $3.48MMr. Scott Kreeger (Age 57)President Comp: $2.87MMr. Stephen Cootey (Age 55)Executive VP, CFO & Treasurer Comp: $1.82MMr. Jeffrey T. Welch (Age 61)Executive VP & Chief Legal Officer Comp: $1.69MMr. Robert A. Finch (Age 63)Executive Officer Comp: $1.39MMr. Kord Nichols (Age 42)Executive VP & COO Wes AllisonChief Accounting OfficerMr. Daniel P. FoleyVice President of Finance & Investor RelationsMore ExecutivesKey CompetitorsChoice Hotels InternationalNYSE:CHHBoyd GamingNYSE:BYDWyndham DestinationsNYSE:WYNDMonarch Casino & ResortNASDAQ:MCRIRestaurant Brands InternationalNYSE:QSRView All CompetitorsInsiders & InstitutionsCoronation Fund Managers Ltd.Sold 1,831 shares on 9/4/2024Ownership: 0.097%Truist Financial CorpBought 241 shares on 8/21/2024Ownership: 0.026%Point72 Asset Management L.P.Bought 89,340 shares on 8/19/2024Ownership: 0.085%Creative PlanningBought 886 shares on 8/16/2024Ownership: 0.015%Algert Global LLCBought 5,071 shares on 8/16/2024Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions RRR Stock Analysis - Frequently Asked Questions How have RRR shares performed this year? Red Rock Resorts' stock was trading at $53.33 at the beginning of the year. Since then, RRR stock has increased by 0.6% and is now trading at $53.63. View the best growth stocks for 2024 here. How were Red Rock Resorts' earnings last quarter? Red Rock Resorts, Inc. (NASDAQ:RRR) posted its earnings results on Tuesday, July, 23rd. The company reported $0.59 earnings per share for the quarter, beating analysts' consensus estimates of $0.43 by $0.16. The company's revenue was up 16.9% on a year-over-year basis. What is Frank J. Fertitta III's approval rating as Red Rock Resorts' CEO? 197 employees have rated Red Rock Resorts Chief Executive Officer Frank J. Fertitta III on Glassdoor.com. Frank J. Fertitta III has an approval rating of 86% among the company's employees. Does Red Rock Resorts have any subsidiaries? Red Rock Resorts subsidiaries include Amphenol Phoenix (Anji) Telecom Parts Co. Ltd.. When did Red Rock Resorts IPO? Red Rock Resorts (RRR) raised $532 million in an IPO on Wednesday, April 27th 2016. The company issued 27,300,000 shares at $18.00-$21.00 per share. Deutsche Bank Securities, J.P. Morgan, BofA Merrill Lynch and Goldman Sachs acted as the underwriters for the IPO and Wells Fargo Securities, Citigroup, Macquarie Capital, Fifth Third Securities, Credit Suisse, UBS, Investment Bank, Stifel, Raine Securities, Oppenheimer, Guggenheim Securities and Ramirez were co-managers. Who are Red Rock Resorts' major shareholders? Red Rock Resorts' top institutional investors include Diamond Hill Capital Management Inc. (4.16%), Eminence Capital LP (1.85%), Massachusetts Financial Services Co. MA (1.67%) and Vaughan Nelson Investment Management L.P. (1.13%). Insiders that own company stock include Lorenzo J Fertitta, Frank J Fertitta III, Stephen Lawrence Cootey, Robert A Finch and Kord Nichols. View institutional ownership trends. How do I buy shares of Red Rock Resorts? Shares of RRR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Red Rock Resorts own? Based on aggregate information from My MarketBeat watchlists, some other companies that Red Rock Resorts investors own include Xtrackers California Municipal Bond ETF (CA), NVIDIA (NVDA), BlackRock (BLK), Endologix (ELGX), Boeing (BA), Micron Technology (MU) and QUALCOMM (QCOM). 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