Red Rock Resorts, Inc. (RRR)
NASDAQ: RRR · Real-Time Price · USD
49.69
+0.17 (0.34%)
Nov 20, 2024, 4:00 PM EST - Market open
Red Rock Resorts Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Red Rock Resorts stock have an average target of 61.5, with a low estimate of 55 and a high estimate of 70. The average target predicts an increase of 23.77% from the current stock price of 49.69.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for RRR stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 7 | 6 | 6 | 5 | 5 | 6 |
| Hold | 4 | 5 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 13 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Buy Reiterates $67 → $57 | Buy | Reiterates | $67 → $57 | +14.71% | Nov 12, 2024 |
| Macquarie | Macquarie | Buy Maintains $65 → $64 | Buy | Maintains | $65 → $64 | +28.80% | Nov 8, 2024 |
| Barclays | Barclays | Buy Maintains $65 → $62 | Buy | Maintains | $65 → $62 | +24.77% | Nov 8, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $63 → $58 | Hold | Maintains | $63 → $58 | +16.72% | Oct 23, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $64 → $58 | Hold | Maintains | $64 → $58 | +16.72% | Oct 17, 2024 |
Financial Forecast
Revenue This Year
1.96B
from 1.72B
Increased by 13.63%
Revenue Next Year
2.01B
from 1.96B
Increased by 2.65%
EPS This Year
1.60
from 2.94
Decreased by -45.69%
EPS Next Year
2.62
from 1.60
Increased by 63.61%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.1B | 2.2B | 2.3B |
| Avg | 2.0B | 2.0B | 2.1B |
| Low | 1.9B | 1.9B | 1.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.0% | 11.8% | 16.5% |
| Avg | 13.6% | 2.7% | 3.9% |
| Low | 8.5% | -5.1% | -3.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.75 | 4.61 | 3.79 |
| Avg | 1.60 | 2.62 | 2.46 |
| Low | 1.43 | 1.53 | 1.86 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -40.7% | 188.4% | 44.9% |
| Avg | -45.7% | 63.6% | -5.9% |
| Low | -51.4% | -4.4% | -28.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.