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Red Rock Resorts (RRR)
NASDAQ:RRR
Red Rock Resorts (RRR) Stock Price & Analysis
353 Followers
RRR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$36.81 - $63.29
Previous Close$51.32
Volume243.73K
Average Volume (3M)440.51K
Market Cap
$5.42B
Enterprise Value$8.68B
Total Cash (Recent Filing)$137.59M
Total Debt (Recent Filing)$3.33B
Price to Earnings (P/E)20.7
Beta1.20
Next Earnings
Jul 24, 2024EPS Estimate
$0.43Next Dividend Ex-Date
Jun 14, 2024Dividend Yield1.95%
Share Statistics
EPS (TTM)2.48
Shares Outstanding105,596,197
10 Day Avg. Volume664,895
30 Day Avg. Volume440,507
Standard Deviation0.16
R-Squared0.48
Alpha0.00656
Financial Highlights & Ratios
Price to Book (P/B)-49.59
Price to Sales (P/S)6.61
Price to Cash Flow (P/CF)8.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.06
Enterprise Value/Gross Profit6.07
Enterprise Value/Ebitda12.38
Forecast
1Y Price Target
$62.00Price Target Upside20.81% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Red Rock Resorts News
Bulls Say, Bears Say
Bulls Say
Development ProjectsNorth Fork development project is a key catalyst with potential for significant high-margin fee income from a management agreement.
Free Cash Flow And LeverageRed Rock Resorts has strong free cash flow conversion and rapidly declining leverage, signaling potential for financial stability and growth.
Operational SuccessPerformance at Durango exceeds expectations, indicating strong operational success and positive momentum for Red Rock Resorts.
Bears Say
Competitive PositionTrading at a premium compared to other operators.
Market PerformanceShares have sold off due to market softness and results shy of elevated expectations.
Operational ConcernsBoyd Gaming's commentary on core Locals softness is concerning for the market.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Red Rock Resorts
Desktop Users
Mobile Users
RRR FAQ
What was Red Rock Resorts’s price range in the past 12 months?
Red Rock Resorts lowest stock price was $36.81 and its highest was $63.28 in the past 12 months.
What is Red Rock Resorts’s market cap?
Currently, no data Available
When is Red Rock Resorts’s upcoming earnings report date?
Red Rock Resorts’s upcoming earnings report date is Jul 24, 2024 which is in 67 days.
How were Red Rock Resorts’s earnings last quarter?
Red Rock Resorts released its earnings results on May 07, 2024. The company reported $0.413 earnings per share for the quarter, missing the consensus estimate of $0.583 by -$0.17.
Is Red Rock Resorts overvalued?
According to Wall Street analysts Red Rock Resorts’s price is currently Undervalued.
Does Red Rock Resorts pay dividends?
Red Rock Resorts pays a Quarterly dividend of $0.25 which represents an annual dividend yield of 1.95%. See more information on Red Rock Resorts dividends here
What is Red Rock Resorts’s EPS estimate?
Red Rock Resorts’s EPS estimate is $0.43.
How many shares outstanding does Red Rock Resorts have?
Red Rock Resorts has 59,600,000 shares outstanding.
What happened to Red Rock Resorts’s price movement after its last earnings report?
Red Rock Resorts reported an EPS of $0.413 in its last earnings report, missing expectations of $0.583. Following the earnings report the stock price went down -7.616%.
Which hedge fund is a major shareholder of Red Rock Resorts?
Among the largest hedge funds holding Red Rock Resorts’s share is Diamond Hill Capital Management Inc. It holds Red Rock Resorts’s shares valued at 265M.
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Red Rock Resorts Stock Smart Score
Neutral
1
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4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$62.00 (20.81% Upside)
$62.00 (20.81% Upside)
Blogger Sentiment
Neutral
RRR Sentiment 50%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 1.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $2.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.8%
Last 30 Days ▲ 7.3%
Last 30 Days ▲ 7.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
15.28%
12-Months-Change
Fundamentals
Return on Equity
165.62%
Trailing 12-Months
Asset Growth
13.17%
Trailing 12-Months
Company Description
Red Rock Resorts
Red Rock Resorts, Inc. is a holding company, which engages in the management and development of gaming and entertainment facilities. The firm operates through the following segments: Las Vegas Operations and Native American Management. Its amenities include restaurants, entertainment venues, movie theatres, bowling and convention or banquet space, as well as traditional casino gaming offerings such as video poker, slot machines, table games, bingo and race and sports wagering. The company was founded in 1976 and is headquartered in Las Vegas, NV.
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RRR Earnings Call
Q1 2024
0:00 / 0:00
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RRR Stock 12 Month Forecast
Average Price Target
$62.00
▲(20.81% Upside)
Technical Analysis
Best Analysts Covering RRR
1 Year
1 Year Success Rate
12/15 ratings generated profit
1 Year Average Return
+14.84%
reiterated a buy rating 11 days ago
Copying Jordan Bender's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +14.84% per trade.
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