Red Rock Resorts, Inc. (RRR)

NASDAQ: RRR · IEX Real-Time Price · USD
42.25
+0.38 (0.91%)
Aug 18, 2022 4:00 PM EDT - Market closed
0.91%
Market Cap 2.47B
Revenue (ttm) 1.66B
Net Income (ttm) 284.01M
Shares Out 58.44M
EPS (ttm) 3.59
PE Ratio 11.77
Forward PE 76.92
Dividend $3.50 (8.28%)
Ex-Dividend Date Sep 14, 2022
Volume 262,116
Open 42.02
Previous Close 41.87
Day's Range 41.45 - 42.28
52-Week Range 30.98 - 58.74
Beta 2.29
Analysts Buy
Price Target 45.39 (+7.4%)
Earnings Date Aug 9, 2022

About RRR

Red Rock Resorts, Inc., through its interest in Station Holdco and Station LLC, develops and operates casino and entertainment properties in the United States. It operates through two segments, Las Vegas Operations and Native American Management. The company owns and operates 9 gaming and entertainment facilities, and 10 smaller casinos in the Las Vegas regional market. In addition, it manages Graton Resort & Casino in northern California. As of December 31, 2021, it operated approximately 13,894 slot machines, 240 table games, and 3,081 hotel ... [Read more...]

Industry Hotels, Restaurants & Leisure
IPO Date Apr 27, 2016
Employees 7,800
Stock Exchange NASDAQ
Ticker Symbol RRR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for RRR stock is "Buy." The 12-month stock price forecast is 45.39, which is an increase of 7.43% from the latest price.

Price Target
$45.39
(7.43% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Red Rock Resorts (RRR) Q2 Earnings & Revenues Top Estimates

Red Rock Resorts (RRR) second-quarter 2022 performance benefits from a rise in visitation and strong spending per visit across its portfolio.

Red Rock Resorts (RRR) Q2 Earnings and Revenues Beat Estimates

Red Rock Resorts (RRR) delivered earnings and revenue surprises of 144.23% and 5.13%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Red Rock Resorts Announces Second Quarter 2022 Results

LAS VEGAS , Aug. 9, 2022 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the second quarter ended June 30, 2022. Dur...

Analysts Estimate Red Rock Resorts (RRR) to Report a Decline in Earnings: What to Look Out for

Red Rock Resorts (RRR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Casino CEOs say the industry isn't yet seeing signs of recession, but is prepared for a pullback

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Red Rock Resorts Announces Second Quarter 2022 Conference Call and Earnings Release Date

LAS VEGAS , July 11, 2022 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's financial results for the se...

Here's Why You Should Retain Red Rock Resorts' (RRR) Stock

Red Rock Resorts' (RRR) is optimistic about Las Vegas operations backed by a favorable supply-demand dynamics and a solid organic development pipeline. However, inflationary pressures are a headwind.

Las Vegas Strip gambling revenue climbed 11% YoY – these 2 stocks could gain

Gambling revenues continued to rise on the Las Vegas Strip by 11.62% year-on-year (YoY), reaching $731.5 million. Tourist-dominated markets were.

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Strength Seen in Red Rock Resorts (RRR): Can Its 8.1% Jump Turn into More Strength?

Red Rock Resorts (RRR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increa...

Casino stocks are taking a hit as consumers struggle with inflation and recession fears

Casino stocks have underperformed the S&P 500 as consumers grapple with the highest inflation rates since the early 1980s.

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Why Is Red Rock Resorts (RRR) Down 5.5% Since Last Earnings Report?

Red Rock Resorts (RRR) reported earnings 30 days ago. What's next for the stock?

Red Rock Resorts (RRR) Banks on Development Projects, Costs High

Red Rock Resorts' (RRR) focus on business optimization and cost-reduction measures bode well. However, inflationary pressures are a headwind.

Red Rock Resorts (RRR) Q1 Earnings Top Estimates, Revenues Lag

Red Rock Resorts (RRR) first-quarter 2022 results benefit from strong spending per visit across its portfolio.

Red Rock Resorts (RRR) Surpasses Q1 Earnings Estimates

Red Rock Resorts (RRR) delivered earnings and revenue surprises of 45.28% and 1.02%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Red Rock Resorts Announces First Quarter 2022 Results

LAS VEGAS , May 3, 2022 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the first quarter ended March 31, 2022. Duri...

Earnings Preview: Red Rock Resorts (RRR) Q1 Earnings Expected to Decline

Red Rock Resorts (RRR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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Red Rock Resorts Announces First Quarter 2022 Conference Call and Earnings Release Date

LAS VEGAS , April 5, 2022 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's financial results for the fi...

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Why Is Red Rock Resorts (RRR) Up 4.2% Since Last Earnings Report?

Red Rock Resorts (RRR) reported earnings 30 days ago. What's next for the stock?

Red Rock Resorts, Inc. appoints Scott Kreeger to position of President

LAS VEGAS , Feb. 28, 2022 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) announced the appointment of Scott Kreeger to the position of President on Febr...

Is Little Known Red Rock Resorts A Strong Buy?

This Las Vegas casino stock has potential for outsized gains and is hiding in plain sight.

10 High-Performance Stocks to Buy for Their Special Dividends

Some of the best dividend stocks happen to be those paying special dividends from time to time. These payments often signal future success.

Red Rock Resorts' (RRR) Q4 Earnings Top Estimates, Rise Y/Y

Red Rock Resorts' (RRR) fourth-quarter 2021 results benefits from the streamlining of operations, optimization of marketing initiatives as well as renegotiating vendor and third-party agreements.

Red Rock Resorts (RRR) Beats Q4 Earnings and Revenue Estimates

Red Rock Resorts (RRR) delivered earnings and revenue surprises of 5.77% and 3.61%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?