Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 5 highly experienced directors. Chairman & CEO Frank Fertitta was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • May 01
Red Rock Resorts, Inc. announces Quarterly dividend, payable on June 30, 2026 Red Rock Resorts, Inc. announced Quarterly dividend of USD 0.2600 per share payable on June 30, 2026, ex-date on June 15, 2026 and record date on June 15, 2026. Annonce • Apr 24
Red Rock Resorts, Inc., Annual General Meeting, Jun 04, 2026 Red Rock Resorts, Inc., Annual General Meeting, Jun 04, 2026. Annonce • Apr 01
Red Rock Resorts, Inc. to Report Q1, 2026 Results on Apr 29, 2026 Red Rock Resorts, Inc. announced that they will report Q1, 2026 results on Apr 29, 2026 Annonce • Feb 11
Red Rock Resorts, Inc. Declares Special Dividend on Class A Common Share, Payable on February 27, 2026 Red Rock Resorts, Inc.'s Board of Directors has declared a special dividend of $1.00 per Class A common share. The dividend will be payable on February 27, 2026 to all stockholders of record as of the close of business on February 20, 2026. Annonce • Jan 08
Red Rock Resorts, Inc. to Report Q4, 2025 Results on Feb 10, 2026 Red Rock Resorts, Inc. announced that they will report Q4, 2025 results on Feb 10, 2026 Annonce • Oct 29
Red Rock Resorts, Inc. Declares Fourth Quarter Dividend on Class A Shares, Payable on December 31, 2025 Red Rock Resorts, Inc. has declared a cash dividend of $0.26 per Class A common share for the fourth quarter of 2025. The dividend will be payable on December 31, 2025 to all stockholders of record as of the close of business on December 15, 2025. Annonce • Sep 27
Red Rock Resorts, Inc. to Report Q3, 2025 Results on Oct 28, 2025 Red Rock Resorts, Inc. announced that they will report Q3, 2025 results on Oct 28, 2025 Annonce • Jul 30
Red Rock Resorts, Inc. Declares Cash Dividend for the Third Quarter of 2025, Payable on September 30, 2025 Red Rock Resorts, Inc.'s Board of Directors has declared a cash dividend of $0.25 per Class A common share for the third quarter of 2025. The dividend will be payable on September 30, 2025 to all stockholders of record as of the close of business on September 15, 2025. Annonce • Jun 24
Red Rock Resorts, Inc. to Report Q2, 2025 Results on Jul 29, 2025 Red Rock Resorts, Inc. announced that they will report Q2, 2025 results on Jul 29, 2025 Annonce • Apr 25
Red Rock Resorts, Inc., Annual General Meeting, Jun 05, 2025 Red Rock Resorts, Inc., Annual General Meeting, Jun 05, 2025. Annonce • Mar 29
Red Rock Resorts, Inc. to Report Q1, 2025 Results on May 01, 2025 Red Rock Resorts, Inc. announced that they will report Q1, 2025 results on May 01, 2025 Annonce • Feb 12
Red Rock Resorts, Inc. Declares Cash Dividend for the First Quarter of 2025, Payable on March 31, 2025 Red Rock Resorts, Inc.'s Board of Directors has declared a cash dividend of $0.25 per Class A common share for the first quarter of 2025. The dividend will be payable on March 31, 2025 to all stockholders of record as of the close of business on March 17, 2025. Annonce • Jan 14
Red Rock Resorts, Inc. to Report Q4, 2024 Results on Feb 11, 2025 Red Rock Resorts, Inc. announced that they will report Q4, 2024 results on Feb 11, 2025 Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: US$0.49 (vs US$0.61 in 3Q 2023) Third quarter 2024 results: EPS: US$0.49 (down from US$0.61 in 3Q 2023). Revenue: US$468.0m (up 14% from 3Q 2023). Net income: US$29.0m (down 19% from 3Q 2023). Profit margin: 6.2% (down from 8.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Annonce • Nov 08
Red Rock Resorts, Inc. Declares Cash Dividend for the Fourth Quarter of 2024, Payable on December 31, 2024 Red Rock Resorts, Inc.'s Board of Directors has declared a cash dividend of $0.25 per Class A common share for the fourth quarter of 2024. The dividend will be payable on December 31, 2024 to all stockholders of record as of the close of business on December 16, 2024. Annonce • Oct 15
Red Rock Resorts, Inc. to Report Q3, 2024 Results on Nov 06, 2024 Red Rock Resorts, Inc. announced that they will report Q3, 2024 results on Nov 06, 2024 Upcoming Dividend • Sep 09
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 16 September 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 34% but the company is paying out more than the cash it is generating. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (1.7%). Recent Insider Transactions • Aug 07
Chairman & CEO recently bought €4.9m worth of stock On the 2nd of August, Frank Fertitta bought around 100k shares on-market at roughly €48.72 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Frank's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €45.40, the stock trades at a forward P/E ratio of 27x. Average trailing P/E is 25x in the Hospitality industry in Germany. Total returns to shareholders of 44% over the past three years. Declared Dividend • Jul 29
Dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 16th September 2024 Payment date: 30th September 2024 Dividend yield will be 3.6%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to decline by 2.7% over the next 3 years. However, it would need to fall by 62% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Jul 24
Second quarter 2024 earnings released: EPS: US$0.60 (vs US$0.68 in 2Q 2023) Second quarter 2024 results: EPS: US$0.60 (down from US$0.68 in 2Q 2023). Revenue: US$486.4m (up 17% from 2Q 2023). Net income: US$35.7m (down 9.7% from 2Q 2023). Profit margin: 7.3% (down from 9.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jul 24
Red Rock Resorts, Inc. Declares Cash Dividend on Class A Common Share for the Third Quarter of 2024, Payable on September 30, 2024 Red Rock Resorts, Inc. announced that its Board of Directors has declared a cash dividend of $0.25 per Class A common share for the third quarter of 2024. The dividend will be payable on September 30, 2024 to all stockholders of record as of the close of business on September 16, 2024. Annonce • Jun 29
Red Rock Resorts, Inc. to Report Q2, 2024 Results on Jul 30, 2024 Red Rock Resorts, Inc. announced that they will report Q2, 2024 results on Jul 30, 2024 Upcoming Dividend • Jun 07
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 14 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.6%). Annonce • May 30
CalSTRS Files an Exempt Solicitation Statement to Red Rock Resorts On May 28, 2024, California State Teachers' Retirement System (CalSTRS) filed an exempt solicitation statement writing to shareholders as fellow investors in Red Rock Resorts, Inc. to notify that CalSTRS would be voting against the re-election of 5 directors, Frank J. Fertitta, Lorenzo J. Fertitta, Robert A. Cashell, Robert E. Lewis, and James E. Nave, at the Company’s annual shareholders meeting scheduled to be held on May 30, 2024. CalSTRS stated that it encourages shareholders to vote against the re-election of these 5 board members. Annonce • May 26
Los Angeles County Employees Retirement Association Files an Exempt Solicitation Statement with Securities and Exchange Commission On May 24, 2024, Los Angeles County Employees Retirement Association announced that it has filed an exempt solicitation statement with Securities and Exchange Commission requesting the shareholders of Red Rock Resorts Inc to withhold vote for the re-election of Frank Fertitta III, Lorenzo Fertitta, Robert Cashell Jr., Robert Lewis, and James Nave, at the Company’s 2024 annual meeting of shareholders scheduled to be held on May 30, 2024. In addition, Los Angeles County Employees Retirement Association stated that proxy research provider Institutional Shareholder Services Inc. is recommending a Withhold vote for all director nominees at the Company’s 2024 annual meeting of shareholders. Declared Dividend • May 13
Dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 3.9%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (33% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to decline by 28% over the next 3 years. However, it would need to fall by 63% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • May 08
First quarter 2024 earnings released: EPS: US$0.73 (vs US$0.78 in 1Q 2023) First quarter 2024 results: EPS: US$0.73 (down from US$0.78 in 1Q 2023). Revenue: US$488.9m (up 13% from 1Q 2023). Net income: US$42.8m (down 4.1% from 1Q 2023). Profit margin: 8.8% (down from 10% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Annonce • May 08
Red Rock Resorts, Inc. Declares Cash Dividend on Class A Common Share for the Second Quarter of 2024, Payable on June 28, 2024 Red Rock Resorts, Inc.'s Board of Directors has declared a cash dividend of $0.25 per Class A common share for the second quarter of 2024. The dividend will be payable on June 28, 2024 to all stockholders of record as of the close of business on June 14, 2024. Annonce • Apr 20
Red Rock Resorts, Inc., Annual General Meeting, May 30, 2024 Red Rock Resorts, Inc., Annual General Meeting, May 30, 2024, at 13:00 Pacific Standard Time. Agenda: To elect five nominees identified in the accompanying proxy statement to serve as directors, as recommended by the Nominating and Corporate Governance Committee of the board of directors of the company; to approve, in an advisory vote, the compensation of the company’s named executive officers as described in the accompanying proxy statement; to ratify the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm for the year ended December 31, 2024; and to transact such other business as may properly come before the meeting or any adjournment of the meeting. Annonce • Apr 11
Red Rock Resorts, Inc. to Report Q1, 2024 Results on May 07, 2024 Red Rock Resorts, Inc. announced that they will report Q1, 2024 results on May 07, 2024 Upcoming Dividend • Mar 07
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 14 March 2024. Payment date: 29 March 2024. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (3.1%). Recent Insider Transactions • Feb 27
Executive VP recently sold €2.1m worth of stock On the 21st of February, Stephen Cootey sold around 39k shares on-market at roughly €53.86 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €2.2m. This was Stephen's only on-market trade for the last 12 months. Recent Insider Transactions • Feb 23
Executive VP & Chief Legal Officer recently bought €2.2m worth of stock On the 16th of February, Jeffrey Welch bought around 40k shares on-market at roughly €54.49 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €3.1m more in shares than they have sold in the last 12 months. Declared Dividend • Feb 22
Dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 14th March 2024 Payment date: 29th March 2024 Dividend yield will be 3.6%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (33% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to decline by 24% over the next 3 years. However, it would need to fall by 63% to increase the payout ratio to a potentially unsustainable range. Upcoming Dividend • Feb 14
Upcoming dividend of US$1.00 per share at 1.8% yield Eligible shareholders must have bought the stock before 21 February 2024. Payment date: 04 March 2024. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.7%). Reported Earnings • Feb 08
Full year 2023 earnings released: EPS: US$3.04 (vs US$3.48 in FY 2022) Full year 2023 results: EPS: US$3.04 (down from US$3.48 in FY 2022). Revenue: US$1.72b (up 3.6% from FY 2022). Net income: US$176.0m (down 14% from FY 2022). Profit margin: 10% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Annonce • Jan 11
Red Rock Resorts, Inc. to Report Q4, 2023 Results on Feb 07, 2024 Red Rock Resorts, Inc. announced that they will report Q4, 2023 results on Feb 07, 2024 Upcoming Dividend • Dec 07
Upcoming dividend of US$0.25 per share at 4.5% yield Eligible shareholders must have bought the stock before 14 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (5.2%). Higher than average of industry peers (2.7%). Annonce • Nov 08
Red Rock Resorts, Inc. Declares Cash Dividend on Class A Common Share for the Fourth Quarter of 2023, Payable on December 29, 2023 Red Rock Resorts, Inc. declared cash dividend of $0.25 per Class A common share for the fourth quarter of 2023. The dividend will be payable on December 29, 2023 to all stockholders of record as of the close of business on December 15, 2023. Reported Earnings • Nov 08
Third quarter 2023 earnings released: EPS: US$0.61 (vs US$0.86 in 3Q 2022) Third quarter 2023 results: EPS: US$0.61 (down from US$0.86 in 3Q 2022). Revenue: US$411.6m (flat on 3Q 2022). Net income: US$35.5m (down 28% from 3Q 2022). Profit margin: 8.6% (down from 12% in 3Q 2022). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Annonce • Oct 13
Red Rock Resorts, Inc. to Report Q3, 2023 Results on Nov 07, 2023 Red Rock Resorts, Inc. announced that they will report Q3, 2023 results on Nov 07, 2023 Upcoming Dividend • Sep 07
Upcoming dividend of US$0.25 per share at 4.8% yield Eligible shareholders must have bought the stock before 14 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.5%). Annonce • Aug 04
Red Rock Resorts, Inc. Declares Cash Dividend for the Third Quarter of 2023, Payable on September 29, 2023 Red Rock Resorts, Inc. declared a cash dividend of $0.25 per Class A common share for the third quarter of 2023. The dividend will be payable on September 29, 2023 to all stockholders of record as of the close of business on September 15, 2023. Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: US$0.68 (vs US$0.27 in 2Q 2022) Second quarter 2023 results: EPS: US$0.68 (up from US$0.27 in 2Q 2022). Revenue: US$416.1m (down 1.4% from 2Q 2022). Net income: US$39.5m (up 151% from 2Q 2022). Profit margin: 9.5% (up from 3.7% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth. Annonce • Jul 15
Red Rock Resorts, Inc. to Report Q2, 2023 Results on Aug 03, 2023 Red Rock Resorts, Inc. announced that they will report Q2, 2023 results on Aug 03, 2023 Upcoming Dividend • Jun 07
Upcoming dividend of US$0.25 per share at 4.1% yield Eligible shareholders must have bought the stock before 14 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 29% but the company is paying out more than the cash it is generating. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.2%). Annonce • May 06
Red Rock Resorts, Inc. Declares Cash Dividend for Class A Common Share for the Second Quarter of 2023, Payable on June 30, 2023 Red Rock Resorts, Inc.'s Board of Directors has declared a cash dividend of $0.25 per Class A common share for the second quarter of 2023. The dividend will be payable on June 30, 2023 to all stockholders of record as of the close of business on June 15, 2023. Buying Opportunity • May 05
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €52.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 13% in 2 years. Earnings is forecast to grow by 14% in the next 2 years. Buying Opportunity • Mar 31
Now 20% undervalued Over the last 90 days, the stock is up 6.4%. The fair value is estimated to be €50.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.6% per annum. Earnings is also forecast to grow by 4.2% per annum over the same time period. Buying Opportunity • Mar 15
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 4.0%. The fair value is estimated to be €50.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings is also forecast to grow by 4.2% per annum over the same time period. Upcoming Dividend • Mar 07
Upcoming dividend of US$0.25 per share at 4.6% yield Eligible shareholders must have bought the stock before 14 March 2023. Payment date: 31 March 2023. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.2%). Buying Opportunity • Feb 26
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €52.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings is also forecast to grow by 4.1% per annum over the same time period. Reported Earnings • Feb 08
Full year 2022 earnings released: EPS: US$3.48 (vs US$3.50 in FY 2021) Full year 2022 results: EPS: US$3.48 (down from US$3.50 in FY 2021). Revenue: US$1.66b (up 2.8% from FY 2021). Net income: US$205.5m (down 15% from FY 2021). Profit margin: 12% (down from 15% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Annonce • Feb 08
Red Rock Resorts, Inc. Declares Cash Dividend for Class A Common Share for the First Quarter of 2023, Payable on March 31, 2023 Red Rock Resorts, Inc.'s Board of Directors has declared a cash dividend of $0.25 per Class A common share for the first quarter of 2023. The dividend will be payable on March 31, 2023 to all stockholders of record as of the close of business on March 15, 2023. Annonce • Jan 10
Red Rock Resorts, Inc. to Report Q4, 2022 Results on Feb 07, 2023 Red Rock Resorts, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 07, 2023 Upcoming Dividend • Dec 07
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 14 December 2022. Payment date: 30 December 2022. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (2.1%). Upcoming Dividend • Nov 22
Upcoming dividend of US$1.00 per share Eligible shareholders must have bought the stock before 29 November 2022. Payment date: 09 December 2022. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.0%). Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Chairman & CEO Frank Fertitta was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Nov 15
Red Rock Resorts Announces Special Dividend, Payable on December 9, 2022 Red Rock Resorts, Inc. announced that the company's Board of Directors has declared a special dividend of $1.00 per Class A common share. The special dividend will be payable on December 9, 2022 to all stockholders of record as of the close of business on November 30, 2022. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: US$0.86 (vs US$1.03 in 3Q 2021) Third quarter 2022 results: EPS: US$0.86 (down from US$1.03 in 3Q 2021). Revenue: US$414.4m (flat on 3Q 2021). Net income: US$49.6m (down 30% from 3Q 2021). Profit margin: 12% (down from 17% in 3Q 2021). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Annonce • Oct 28
Red Rock Resorts, Inc. Declares Cash Dividend for the Fourth Quarter of 2022, Payable on December 30, 2022 Red Rock Resorts, Inc.'s Board of Directors has declared a cash dividend of $0.25 per Class A common share for the fourth quarter of 2022. The dividend will be payable on December 30, 2022 to all stockholders of record as of the close of business on December 15, 2022. Board Change • Oct 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Chairman & CEO Frank Fertitta was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Oct 06
Red Rock Resorts, Inc. to Report Q3, 2022 Results on Oct 27, 2022 Red Rock Resorts, Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Oct 27, 2022 Annonce • Aug 10
Red Rock Resorts, Inc. Declares Cash Dividend for the Third Quarter of 2022, Payable on September 30, 2022 Red Rock Resorts, Inc.'s Board of Directors has declared a cash dividend of $0.25 per Class A common share for the third quarter of 2022. The dividend will be payable on September 30, 2022 to all stockholders of record as of the close of business on September 15, 2022. Annonce • Jul 19
Red Rock Resorts Announces Permanent Closure of Properties On July 15, 2022, Red Rock Resorts, Inc. announced that it has decided to permanently close its Texas Station, Fiesta Rancho, and Fiesta Henderson properties, which have been closed since the beginning of the pandemic in March 2020. The facilities at these properties (other than the ice rink at Fiesta Rancho, which will remain open) will be demolished to reposition the land for sale. Annonce • Jul 12
Red Rock Resorts, Inc. to Report Q2, 2022 Results on Aug 09, 2022 Red Rock Resorts, Inc. announced that they will report Q2, 2022 results on Aug 09, 2022 Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €30.40, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the Hospitality industry in Europe. Total returns to shareholders of 77% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €49.60 per share. Upcoming Dividend • Jun 08
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 15 June 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 4.7% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.2%). Higher than average of industry peers (1.8%). Annonce • May 05
Red Rock Resorts, Inc. Declares a Cash Dividend for the Second Quarter of 2022, Payable on June 30, 2022 Red Rock Resorts, Inc.'s Board of Directors has declared a cash dividend of $0.25 per Class A common share for the second quarter of 2022. The dividend will be payable on June 30, 2022 to all stockholders of record as of the close of business on June 16, 2022. Reported Earnings • May 04
First quarter 2022 earnings released: EPS: US$0.79 (vs US$0.92 loss in 1Q 2021) First quarter 2022 results: EPS: US$0.79 (up from US$0.92 loss in 1Q 2021). Revenue: US$401.6m (up 14% from 1Q 2021). Net income: US$48.3m (up US$113.1m from 1Q 2021). Profit margin: 12% (up from net loss in 1Q 2021). The move to profitability was primarily driven by lower expenses. Over the next year, revenue is forecast to stay flat compared to a 116% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Chairman & CEO Frank Fertitta was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Apr 06
Red Rock Resorts, Inc. to Report Q1, 2022 Results on May 03, 2022 Red Rock Resorts, Inc. announced that they will report Q1, 2022 results on May 03, 2022 Upcoming Dividend • Mar 07
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 14 March 2022. Payment date: 31 March 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (3.5%). In line with average of industry peers (2.3%). Annonce • Mar 02
Red Rock Resorts, Inc. Appoints Scott Kreeger as President Red Rock Resorts, Inc. announced the appointment of Scott Kreeger to the position of President on February 28, 2022. Prior to this appointment, Mr. Kreeger had been serving the Company in the role of Senior Vice President of Development since rejoining the Company in September 2021 from Galaxy Entertainment Group in Macao, where he was Director of Operations Development, New Resorts from January 2018. Annonce • Feb 19
Red Rock Resorts, Inc. Announces Reinstatement of Regular Quarterly Dividend, Payable on March 31, 2022 Red Rock Resorts, Inc. announced the reinstatement of the Company’s regular quarterly dividend. On February 17, 2022, the Company’s Board of Directors approved the reinstatement of the Company’s regular quarterly dividend, which had been discontinued in 2020 as a result of the pandemic, and declared a quarterly cash dividend of $0.25 per share of Class A Common Stock, to be paid on March 31, 2022 to shareholders of record as of March 15, 2022. The Company’s quarterly dividend prior to its suspension in 2020 was $0.10 per share. Reported Earnings • Feb 04
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$3.50 (up from US$2.13 loss in FY 2020). Revenue: US$1.62b (up 37% from FY 2020). Net income: US$241.9m (up US$392.2m from FY 2020). Profit margin: 15% (up from net loss in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to stay flat compared to a 18% growth forecast for the restaurants industry in Germany. Reported Earnings • Nov 03
Third quarter 2021 earnings released: EPS US$1.03 (vs US$0.62 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$414.8m (up 17% from 3Q 2020). Net income: US$71.2m (up 63% from 3Q 2020). Profit margin: 17% (up from 12% in 3Q 2020). Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improved over the past week After last week's 16% share price gain to €39.00, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 19x in the Hospitality industry in Europe. Total returns to shareholders of 167% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €46.93 per share. Reported Earnings • Jul 29
Second quarter 2021 earnings released: EPS US$1.24 (vs US$1.02 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$428.2m (up 295% from 2Q 2020). Net income: US$86.7m (up US$158.3m from 2Q 2020). Profit margin: 20% (up from net loss in 2Q 2020). Reported Earnings • May 06
First quarter 2021 earnings released: US$0.92 loss per share (vs US$2.18 loss in 1Q 2020) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: US$352.6m (down 6.6% from 1Q 2020). Net loss: US$64.8m (loss narrowed 57% from 1Q 2020). Annonce • May 05
Red Rock Resorts, Inc. Announces Asset Impairment for the First Quarter Ended March 31, 2021 Red Rock Resorts, Inc. announced asset impairment for the first quarter ended March 31, 2021. For the quarter, the company reported asset impairment of $169,733,000. Is New 90 Day High Low • Feb 26
New 90-day high: €24.60 The company is up 34% from its price of €18.30 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €31.36 per share. Reported Earnings • Feb 12
Full year 2020 earnings released: US$2.13 loss per share (vs US$0.048 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$1.18b (down 36% from FY 2019). Net loss: US$150.4m (loss widened US$147.0m from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Analyst Estimate Surprise Post Earnings • Feb 12
Revenue beats expectations Revenue exceeded analyst estimates by 0.1%. Over the next year, revenue is forecast to grow 14%, compared to a 27% growth forecast for the Hospitality industry in Germany. Is New 90 Day High Low • Feb 10
New 90-day high: €22.20 The company is up 25% from its price of €17.70 on 11 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €25.37 per share. 
