Red Rock Resorts, Inc., through its interest in Station Holdco and Station LLC, engages in the casino, gaming, and entertainment businesses in the United States. More Details
Moderate growth potential and slightly overvalued.
Share Price & News
How has Red Rock Resorts's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RRR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: RRR's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: RRR exceeded the US Hospitality industry which returned 51.5% over the past year.
Return vs Market: RRR exceeded the US Market which returned 38.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Red Rock Resorts's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StThe Red Rock Resorts (NASDAQ:RRR) Share Price Is Up 225% And Shareholders Are Boasting About It
3 weeks ago | Simply Wall StHere's Why Red Rock Resorts, Inc.'s (NASDAQ:RRR) CEO Compensation Is The Least Of Shareholders Concerns
3 weeks ago | Simply Wall StDoes Red Rock Resorts (NASDAQ:RRR) Have A Healthy Balance Sheet?
Is Red Rock Resorts undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RRR ($39.46) is trading below our estimate of fair value ($50.99)
Significantly Below Fair Value: RRR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RRR is unprofitable, so we can't compare its PE Ratio to the US Hospitality industry average.
PE vs Market: RRR is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RRR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RRR is overvalued based on its PB Ratio (10.1x) compared to the US Hospitality industry average (4x).
How is Red Rock Resorts forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RRR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: RRR is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RRR's is expected to become profitable in the next 3 years.
Revenue vs Market: RRR's revenue (5.7% per year) is forecast to grow slower than the US market (9.5% per year).
High Growth Revenue: RRR's revenue (5.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RRR's Return on Equity is forecast to be low in 3 years time (17.9%).
How has Red Rock Resorts performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RRR is currently unprofitable.
Growing Profit Margin: RRR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RRR is unprofitable, and losses have increased over the past 5 years at a rate of 45.1% per year.
Accelerating Growth: Unable to compare RRR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RRR is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-8.1%).
Return on Equity
High ROE: RRR has a negative Return on Equity (-21.62%), as it is currently unprofitable.
How is Red Rock Resorts's financial position?
Financial Position Analysis
Short Term Liabilities: RRR's short term assets ($890.1M) exceed its short term liabilities ($200.1M).
Long Term Liabilities: RRR's short term assets ($890.1M) do not cover its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: RRR's debt to equity ratio (590.8%) is considered high.
Reducing Debt: RRR's debt to equity ratio has increased from 341.2% to 590.8% over the past 5 years.
Debt Coverage: RRR's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: RRR is unprofitable, therefore interest payments are not well covered by earnings.
What is Red Rock Resorts's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RRR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RRR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RRR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RRR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: RRR is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RRR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Frank Fertitta (58 yo)
Mr. Frank J. Fertitta, III, has been Chief Executive Officer and Manager of Station Casinos LLC since January 2011 and June 2011 respectively. Mr. Fertitta has been Chief Executive Officer at Fertitta Ente...
CEO Compensation Analysis
Compensation vs Market: Frank's total compensation ($USD2.44M) is below average for companies of similar size in the US market ($USD5.38M).
Compensation vs Earnings: Frank's compensation has increased whilst the company is unprofitable.
Experienced Management: RRR's management team is considered experienced (4 years average tenure).
Experienced Board: RRR's board of directors are considered experienced (5.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Red Rock Resorts, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Red Rock Resorts, Inc.
- Ticker: RRR
- Exchange: NasdaqGS
- Founded: 1976
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Implied Market Cap: US$4.598b
- Market Cap: US$2.783b
- Shares outstanding: 116.52m
- Website: https://www.redrockresorts.com
Number of Employees
- Red Rock Resorts, Inc.
- 1505 South Pavilion Center Drive
- Las Vegas
- United States
Red Rock Resorts, Inc., through its interest in Station Holdco and Station LLC, engages in the casino, gaming, and entertainment businesses in the United States. It operates in two segments, Las Vegas Oper...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/21 00:50|
|End of Day Share Price||2021/06/18 00:00|
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.