Red Rock Resorts, Inc.

NasdaqGS:RRR Stock Report

Market Cap: US$5.3b

Red Rock Resorts Future Growth

Future criteria checks 2/6

Red Rock Resorts is forecast to grow earnings and revenue by 11.4% and 4.2% per annum respectively. EPS is expected to decline by 8.8% per annum. Return on equity is forecast to be 65.8% in 3 years.

Key information

11.4%

Earnings growth rate

-8.83%

EPS growth rate

Hospitality earnings growth18.2%
Revenue growth rate4.2%
Future return on equity65.75%
Analyst coverage

Good

Last updated05 May 2026

Recent future growth updates

Analysis Article • Aug 01

Red Rock Resorts, Inc. Just Recorded A 34% EPS Beat: Here's What Analysts Are Forecasting Next

Red Rock Resorts, Inc. ( NASDAQ:RRR ) defied analyst predictions to release its second-quarter results, which were...

Recent updates

Narrative Update • Apr 25

RRR: Buybacks And Special Dividend Will Support Future Equity Repricing

Analysts have nudged their fair value estimate for Red Rock Resorts slightly lower, with the target moving from about $72.69 to $71.88. The adjustment reflects recent mixed price target revisions across firms following updated views on growth, margins and appropriate P/E levels.
Narrative Update • Apr 11

RRR: Buybacks And Special Dividend Will Drive Future Equity Repricing

Red Rock Resorts' analyst price target has been nudged lower by a fraction, reflecting a slightly higher discount rate and fine tuned revenue growth, profit margin, and future P/E assumptions, even as recent Street research has featured a mix of target increases and one reduction from various firms. Analyst Commentary Recent Street research around Red Rock Resorts reflects an active debate on upside versus risk, with several firms adjusting price targets and at least one turning more cautious after earlier optimism.
Narrative Update • Mar 26

RRR: Special Dividend And Buybacks Will Support Bullish Equity Repricing

Analysts have made a small cut to the Red Rock Resorts fair value estimate to about $72.94, even as a series of recent price target increases and new positive coverage point to ongoing confidence in the company’s near term drivers. Analyst Commentary Bullish analysts are largely framing the modest cut to fair value against a backdrop of supportive research calls, with several firms lifting price targets and initiating positive coverage on Red Rock Resorts.
Narrative Update • Mar 10

RRR: Locals Resilience And Special Dividend Will Support Bullish Equity Repricing

Analysts have raised their average price targets on Red Rock Resorts by increments ranging from about $1 to $10. These changes reflect updated views on the stock that indicate a slightly higher implied valuation, supported by sector previews and refreshed expectations for Las Vegas and digital gaming trends.
Narrative Update • Feb 24

RRR: Locals Resilience And Special Dividend Will Shape Bullish Outlook

The updated analyst price target for Red Rock Resorts has increased to about $73 from roughly $67. Analysts cite refreshed assumptions around fair value, slightly adjusted discount rates, and tweaks to revenue growth, profit margin, and future P/E expectations.
Seeking Alpha • Feb 23

Higher Highs In Red Rock Resorts Shares Continue: I Reiterate My Buy Rating

Summary Red Rock Resorts, Inc. remains a Buy as robust local market demand and expansion plans offset Las Vegas Strip tourism declines. RRR's earnings and revenues continue to outperform, with Q4 revenue of $511.78M beating forecasts and GAAP EPS at $0.75 per share. RRR is executing major property expansions, including $200M at Green Valley Ranch and $385M at Durango, supporting future growth. Migration of high-end customers from the Strip and demographic tailwinds in Clark County reinforce RRR's bullish outlook. Read the full article on Seeking Alpha
Narrative Update • Feb 09

RRR: Locals Resilience And Development Pipeline Will Shape Fairly Balanced Outlook

Analysts have nudged their price targets on Red Rock Resorts slightly higher, with our fair value estimate moving to about $67.47 from $67.07, as they point to modestly stronger profit margin assumptions, slightly higher revenue growth expectations, a small adjustment to future P/E, and updated views on sector risks reflected in a lower discount rate. Analyst Commentary Recent Street research on Red Rock Resorts has been active, with several firms adjusting price targets and refreshing their views on the company and the broader U.S. gaming sector.
Narrative Update • Jan 26

RRR: Locals Resilience And Renovation Pipeline Will Shape Fairly Balanced Outlook

Red Rock Resorts' analyst price target has edged higher by about $1 to roughly $67, as analysts factor in modestly adjusted assumptions around revenue growth, profit margins, discount rate and future P/E expectations following recent sector and company specific research updates. Analyst Commentary Recent research on Red Rock Resorts has been active, with several firms adjusting ratings and price targets as they reassess the company’s project pipeline, construction headwinds and positioning in the Las Vegas locals market.
Narrative Update • Jan 10

RRR: Locals Resilience And Renovation Pipeline Will Shape Balanced Future Prospects

Analysts have nudged their blended price target for Red Rock Resorts higher from about US$65.20 to roughly US$66.13, citing ongoing renovation and expansion projects, a fuller project pipeline, and views that recent construction disruption and Las Vegas locals trends are already reflected in updated growth, margin, and P/E assumptions. Analyst Commentary Research views on Red Rock Resorts have shifted toward a more constructive stance, but with some clear valuation and execution caveats that investors should be aware of.
Analysis Article • Jan 06

We Like These Underlying Return On Capital Trends At Red Rock Resorts (NASDAQ:RRR)

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Narrative Update • Dec 20

RRR: Las Vegas Locals Strength And Pipeline Execution Will Shape Future Upside Risk

Analysts have nudged their fair value estimate for Red Rock Resorts slightly higher to approximately $65.20 per share from about $65.07, citing a robust Las Vegas locals backdrop, a growing pipeline of development and expansion projects, and expectations for solid EBITDA growth despite ongoing construction disruption. Analyst Commentary Recent Street research continues to highlight a constructive backdrop for Red Rock Resorts, with most commentary focused on the durability of Las Vegas locals demand, the scale of the development pipeline, and how ongoing construction disruption is being reflected in forward estimates and valuation.
Narrative Update • Dec 05

RRR: Expanded Project Pipeline Will Drive Future Upside Despite Ongoing Renovations

Analysts have trimmed their average price target on Red Rock Resorts by less than $1 to approximately $65, citing a fully valued share price in the near term. This comes despite robust Las Vegas locals fundamentals and a multiyear project pipeline that could add several hundred million dollars of incremental EBITDA.
Narrative Update • Nov 21

RRR: Project Pipeline Expansion Will Drive Incremental Upside Amid Renovation Progress

Red Rock Resorts' consensus price target edged lower by $0.08 to $65.77, as analysts noted ongoing construction disruptions and fully valued shares. However, they continue to see long-term growth potential supported by project expansions and local market strength.
Narrative Update • Nov 05

RRR: Ongoing Renovations And Expansion Are Expected To Drive Stronger Upside Momentum

Red Rock Resorts' analyst price target has increased by nearly $2 to approximately $65.85. Analysts cite strong project momentum, sustained revenue growth, and local market strength as key drivers for the upward revision.
Analysis Article • Oct 31

Red Rock Resorts (NASDAQ:RRR) Has Announced That It Will Be Increasing Its Dividend To $0.26

Red Rock Resorts, Inc.'s ( NASDAQ:RRR ) dividend will be increasing from last year's payment of the same period to...
Narrative Update • Oct 21

Analyst Commentary Drives Upward Price Target for Red Rock Resorts Amid Valuation Shifts

The analyst price target for Red Rock Resorts has been raised by $1 to $65 per share. Analysts cite continued strong performance and increased market optimism as supporting factors for higher valuations.
Analysis Article • Aug 01

Red Rock Resorts, Inc. Just Recorded A 34% EPS Beat: Here's What Analysts Are Forecasting Next

Red Rock Resorts, Inc. ( NASDAQ:RRR ) defied analyst predictions to release its second-quarter results, which were...
Analysis Article • Jul 18

Is Red Rock Resorts, Inc. (NASDAQ:RRR) Potentially Undervalued?

Red Rock Resorts, Inc. ( NASDAQ:RRR ), might not be a large cap stock, but it received a lot of attention from a...
Analysis Article • Jul 02

Earnings Not Telling The Story For Red Rock Resorts, Inc. (NASDAQ:RRR)

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 18x, you may...
Analysis Article • Jun 14

Returns At Red Rock Resorts (NASDAQ:RRR) Are On The Way Up

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article • May 23

Red Rock Resorts (NASDAQ:RRR) Will Pay A Dividend Of $0.25

Red Rock Resorts, Inc.'s ( NASDAQ:RRR ) investors are due to receive a payment of $0.25 per share on 30th of June. This...
Seeking Alpha • Mar 19

Red Rock Resorts: Shares Are Worth The Premium

Summary Red Rock Resorts, Inc. operates and manages casinos in Las Vegas, a prime location for gaming, with significant growth potential driven by population and income increases. Despite decent fundamentals, Red Rock Resorts' shares are more expensive than similar businesses, but the premium is justified by its market position and growth prospects. Revenue growth has been strong, particularly from casino and food and beverage sales, but net income has declined due to rising costs and interest expenses. While shares are pricey compared to peers, the growth opportunities and market conditions support maintaining a "buy" rating for RRR stock. Read the full article on Seeking Alpha
Seeking Alpha • Dec 12

Red Rock Resorts: A Buy On Any Dip

Summary Red Rock Resorts' new Durango property is performing well, despite some cannibalization from nearby properties. The $1 billion land bank value isn't fully reflected in RRR's current stock price. RRR's management is highly regarded, but Quant ratings suggest a Sell due to growth concerns. Foundational positioning indicates RRR is moving in the right direction, despite mixed signals from Quant ratings. Read the full article on Seeking Alpha
Seeking Alpha • Oct 20

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

Summary Red Rock Resorts is poised for growth with an undervalued real estate portfolio and strong market share in the Las Vegas locals market. RRR's operational efficiency, strategic land bank, and high-quality assets position it to capitalize on Las Vegas's growing affluent population. The company's new Durango property and North Folk development are key growth drivers, expected to significantly boost EBITDA and market presence. Despite macroeconomic risks, RRR's superior capital structure and strategic positioning make it a compelling investment opportunity. Read the full article on Seeking Alpha
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New Narrative • Aug 28

Durango Casino Resort's Expansion And Strategic Investments Promise To Elevate Market Dominance And Profits

Expansion and reinvestment strategies at properties like Durango Casino Resort are aimed at boosting visitation, gaming revenue, and enhancing non-gaming revenue segments.
Seeking Alpha • Aug 01

Red Rock Resorts Update: The Bullish Trend Remains Intact

Summary Red Rock Resorts, Inc. shares reached new highs in April 2024 and have shown a bullish trend since the pandemic lows in March 2020. Despite deteriorating Factors and Dividend Grades, Red Rock Resorts continues to outperform leading casino operators and reward investors. Union issues have not stopped Red Rock Resorts' upward trajectory, with the company facing labor disputes but still showing strong performance in the sector. Read the full article on Seeking Alpha

Earnings and Revenue Growth Forecasts

NasdaqGS:RRR - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20282,288252595N/A5
12/31/20272,136212451N/A15
12/31/20262,019169418N/A14
3/31/20262,021186N/AN/AN/A
12/31/20252,011188256610N/A
9/30/20251,995190291601N/A
6/30/20251,988177259564N/A
3/31/20251,948156249548N/A
12/31/20241,939154243548N/A
9/30/20241,906164101559N/A
6/30/20241,85017023528N/A
3/31/20241,779174-146480N/A
12/31/20231,724176-209494N/A
9/30/20231,687211-187460N/A
6/30/20231,690226-112500N/A
3/31/20231,69620252525N/A
12/31/20221,664205206542N/A
9/30/20221,661262312551N/A
6/30/20221,661284421575N/A
3/31/20221,667355544648N/A
12/31/20211,618242536610N/A
9/30/20211,539123556604N/A
6/30/20211,47795538582N/A
3/31/20211,158-63244285N/A
12/31/20201,182-150152213N/A
9/30/20201,300-175103186N/A
6/30/20201,413-235-6117N/A
3/31/20201,787-16785310N/A
12/31/20191,857-3N/A317N/A
9/30/20191,8271N/A302N/A
6/30/20191,77431N/A298N/A
3/31/20191,707118N/A295N/A
12/31/20181,681158N/A346N/A
9/30/20181,650178N/A369N/A
6/30/20181,643175N/A378N/A
3/31/20181,63767N/A301N/A
12/31/20171,64235N/A290N/A
9/30/20171,63626N/A289N/A
6/30/20171,57823N/A283N/A
3/31/20171,51949N/A345N/A
12/31/20161,47635N/A346N/A
9/30/20161,40620N/A338N/A
6/30/20161,38214N/A337N/A
3/31/20161,36917N/A366N/A
12/31/20151,35215N/A349N/A
9/30/20151,33848N/A328N/A
6/30/20151,32455N/A322N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RRR's forecast earnings growth (11.4% per year) is above the savings rate (3.5%).

Earnings vs Market: RRR's earnings (11.4% per year) are forecast to grow slower than the US market (16.4% per year).

High Growth Earnings: RRR's earnings are forecast to grow, but not significantly.

Revenue vs Market: RRR's revenue (4.2% per year) is forecast to grow slower than the US market (11.4% per year).

High Growth Revenue: RRR's revenue (4.2% 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 very high in 3 years time (65.8%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 05:58
End of Day Share Price 2026/05/07 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

Red Rock Resorts, Inc. is covered by 25 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brandt MontourBarclays
Michael HickeyBenchmark Company
Zachary SilverbergBerenberg