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Red Rock Resorts NasdaqGS:RRR Stock Report

Last Price

US$46.73

Market Cap

US$4.9b

7D

6.4%

1Y

-13.1%

Updated

20 Jan, 2025

Data

Company Financials +

Red Rock Resorts, Inc.

NasdaqGS:RRR Stock Report

Market Cap: US$4.9b

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Red Rock Resorts, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Red Rock Resorts
Historical stock prices
Current Share PriceUS$46.73
52 Week HighUS$63.29
52 Week LowUS$42.46
Beta2.02
1 Month Change2.08%
3 Month Change-9.30%
1 Year Change-13.13%
3 Year Change2.77%
5 Year Change91.36%
Change since IPO149.89%

Recent News & Updates

Red Rock Resorts: A Buy On Any Dip

Dec 12

We Think Red Rock Resorts (NASDAQ:RRR) Is Taking Some Risk With Its Debt

Nov 29
We Think Red Rock Resorts (NASDAQ:RRR) Is Taking Some Risk With Its Debt

Red Rock Resorts, Inc. (NASDAQ:RRR) Shares Could Be 41% Below Their Intrinsic Value Estimate

Nov 11
Red Rock Resorts, Inc. (NASDAQ:RRR) Shares Could Be 41% Below Their Intrinsic Value Estimate

Recent updates

Red Rock Resorts: A Buy On Any Dip

Dec 12

We Think Red Rock Resorts (NASDAQ:RRR) Is Taking Some Risk With Its Debt

Nov 29
We Think Red Rock Resorts (NASDAQ:RRR) Is Taking Some Risk With Its Debt

Red Rock Resorts, Inc. (NASDAQ:RRR) Shares Could Be 41% Below Their Intrinsic Value Estimate

Nov 11
Red Rock Resorts, Inc. (NASDAQ:RRR) Shares Could Be 41% Below Their Intrinsic Value Estimate

Red Rock Resorts (NASDAQ:RRR) Is Experiencing Growth In Returns On Capital

Oct 24
Red Rock Resorts (NASDAQ:RRR) Is Experiencing Growth In Returns On Capital

Off-Strip Domination: Why Red Rock Is My Favorite Hotel And Casino In Vegas

Oct 20

Investor Optimism Abounds Red Rock Resorts, Inc. (NASDAQ:RRR) But Growth Is Lacking

Aug 31
Investor Optimism Abounds Red Rock Resorts, Inc. (NASDAQ:RRR) But Growth Is Lacking

Red Rock Resorts Update: The Bullish Trend Remains Intact

Aug 01

Red Rock Resorts' (NASDAQ:RRR) Dividend Will Be $0.25

Aug 01
Red Rock Resorts' (NASDAQ:RRR) Dividend Will Be $0.25

Red Rock Resorts, Inc. Just Beat EPS By 36%: Here's What Analysts Think Will Happen Next

Jul 26
Red Rock Resorts, Inc. Just Beat EPS By 36%: Here's What Analysts Think Will Happen Next

We Think Red Rock Resorts (NASDAQ:RRR) Is Taking Some Risk With Its Debt

Jun 30
We Think Red Rock Resorts (NASDAQ:RRR) Is Taking Some Risk With Its Debt

Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25

Jun 08
Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25

Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25

May 25
Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25

Earnings Update: Red Rock Resorts, Inc. (NASDAQ:RRR) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts

May 10
Earnings Update: Red Rock Resorts, Inc. (NASDAQ:RRR) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts

Red Rock Resorts: Under The Radar Despite Solid Performance

Apr 29

Red Rock Resorts (NASDAQ:RRR) Has A Somewhat Strained Balance Sheet

Mar 16
Red Rock Resorts (NASDAQ:RRR) Has A Somewhat Strained Balance Sheet

Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25

Feb 23
Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25

RRR: An Update As The Shares Rise To New Highs

Feb 13

Red Rock Resorts, Inc. Just Beat EPS By 84%: Here's What Analysts Think Will Happen Next

Feb 10
Red Rock Resorts, Inc. Just Beat EPS By 84%: Here's What Analysts Think Will Happen Next

Red Rock Resorts, Inc. (NASDAQ:RRR) Shares Could Be 27% Below Their Intrinsic Value Estimate

Jan 25
Red Rock Resorts, Inc. (NASDAQ:RRR) Shares Could Be 27% Below Their Intrinsic Value Estimate

Shareholder Returns

RRRUS HospitalityUS Market
7D6.4%2.9%3.2%
1Y-13.1%23.4%24.2%

Return vs Industry: RRR underperformed the US Hospitality industry which returned 23.4% over the past year.

Return vs Market: RRR underperformed the US Market which returned 24.2% over the past year.

Price Volatility

Is RRR's price volatile compared to industry and market?
RRR volatility
RRR Average Weekly Movement4.8%
Hospitality Industry Average Movement5.7%
Market Average Movement6.5%
10% most volatile stocks in US Market18.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: RRR has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: RRR's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19769,385Frank Fertittawww.redrockresorts.com

Red Rock Resorts, Inc., through its interest in Station Casinos LLC, develops and operates casino and entertainment properties in the United States. The company owns and operates gaming and entertainment facilities, including Durango Casino & Resort and smaller casinos in the Las Vegas regional market. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts, Inc. in January 2016.

Red Rock Resorts, Inc. Fundamentals Summary

How do Red Rock Resorts's earnings and revenue compare to its market cap?
RRR fundamental statistics
Market capUS$4.91b
Earnings (TTM)US$163.76m
Revenue (TTM)US$1.91b

16.9x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RRR income statement (TTM)
RevenueUS$1.91b
Cost of RevenueUS$721.77m
Gross ProfitUS$1.18b
Other ExpensesUS$1.02b
EarningsUS$163.76m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 11, 2025

Earnings per share (EPS)2.77
Gross Margin62.13%
Net Profit Margin8.59%
Debt/Equity Ratio1,439.4%

How did RRR perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

36%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/20 05:19
End of Day Share Price 2025/01/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Red Rock Resorts, Inc. is covered by 27 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Brandt MontourBarclays
Zachary SilverbergBerenberg