Red Rock Resorts, Inc. (RRR)
NASDAQ: RRR · IEX Real-Time Price · USD
58.99
+0.20 (0.34%)
At close: Jul 19, 2024, 4:00 PM
58.94
-0.05 (-0.08%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Red Rock Resorts Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Red Rock Resorts stock have an average target of 61.38, with a low estimate of 54 and a high estimate of 69. The average target predicts an increase of 4.05% from the current stock price of 58.99.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for RRR stock from 13 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 3 | 2 | 2 | 2 |
| Buy | 7 | 7 | 7 | 7 | 7 | 7 |
| Hold | 3 | 3 | 3 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 13 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $60 → $64 | Hold | Maintains | $60 → $64 | +8.49% | Jul 18, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $53 → $54 | Hold | Maintains | $53 → $54 | -8.46% | Jul 12, 2024 |
| B of A Securities | B of A Securities | Sell → Hold Upgrades $57 → $55 | Sell → Hold | Upgrades | $57 → $55 | -6.76% | May 13, 2024 |
| Barclays | Barclays | Buy Maintains $64 → $63 | Buy | Maintains | $64 → $63 | +6.80% | May 8, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $66 → $65 | Buy | Maintains | $66 → $65 | +10.19% | May 8, 2024 |
Financial Forecast
Revenue This Year
1.95B
from 1.72B
Increased by 13.34%
Revenue Next Year
2.03B
from 1.95B
Increased by 3.74%
EPS This Year
3.11
from 2.94
Increased by 5.64%
EPS Next Year
3.16
from 3.11
Increased by 1.70%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.1B | 2.2B | 2.2B |
| Avg | 2.0B | 2.0B | 2.1B |
| Low | 1.8B | 1.9B | 2.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.3% | 11.1% | 11.0% |
| Avg | 13.3% | 3.7% | 4.0% |
| Low | 7.2% | -1.6% | -1.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.97 | 4.75 | 3.77 |
| Avg | 3.11 | 3.16 | 2.66 |
| Low | 1.87 | 1.83 | 2.10 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 35.0% | 52.8% | 19.3% |
| Avg | 5.6% | 1.7% | -15.8% |
| Low | -36.3% | -41.0% | -33.6% |
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.