Red Rock Resorts, Inc. (RRR)
NASDAQ: RRR · IEX Real-Time Price · USD
57.86
-0.80 (-1.36%)
At close: Apr 18, 2024, 4:00 PM
59.00
+1.14 (1.97%)
After-hours: Apr 18, 2024, 5:09 PM 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 60.54, with a low estimate of 53 and a high estimate of 69. The average target predicts an increase of 4.63% from the current stock price of 57.86.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 3 |
| Buy | 6 | 6 | 7 | 7 | 7 | 7 |
| Hold | 1 | 2 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 9 | 11 | 11 | 12 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Maintains $61 → $66 | Buy | Maintains | $61 → $66 | +14.07% | Apr 19, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $51 → $53 | Hold | Maintains | $51 → $53 | -8.40% | Apr 9, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $52 → $57 | Strong Buy | Maintains | $52 → $57 | -1.49% | Apr 8, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $63 → $69 | Buy | Maintains | $63 → $69 | +19.25% | Apr 1, 2024 |
| Mizuho | Mizuho | Strong Buy Initiates $69 | Strong Buy | Initiates | $69 | +19.25% | Mar 26, 2024 |
Financial Forecast
Revenue This Year
1.96B
from 1.72B
Increased by 13.80%
Revenue Next Year
2.04B
from 1.96B
Increased by 3.72%
EPS This Year
2.57
from 2.94
Decreased by -12.44%
EPS Next Year
2.91
from 2.57
Increased by 13.02%
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 | 2.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 24.0% | 11.1% | 11.0% |
| Avg | 13.8% | 3.7% | 2.8% |
| Low | 7.8% | -2.3% | -3.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.31 | 4.59 | 2.92 |
| Avg | 2.57 | 2.91 | 2.58 |
| Low | 1.84 | 1.99 | 2.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 46.4% | 78.2% | 0.3% |
| Avg | -12.4% | 13.0% | -11.5% |
| Low | -37.3% | -22.7% | -20.2% |
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.