Red Rock Resorts, Inc.

NasdaqGS:RRR Stock Report

Market Cap: US$4.9b

Red Rock Resorts Management

Management criteria checks 4/4

Red Rock Resorts' CEO is Frank Fertitta, appointed in Oct 2015, has a tenure of 9.17 years. total yearly compensation is $3.48M, comprised of 28.7% salary and 71.3% bonuses, including company stock and options. directly owns 7.47% of the company’s shares, worth $362.44M. The average tenure of the management team and the board of directors is 7.5 years and 9.3 years respectively.

Key information

Frank Fertitta

Chief executive officer

US$3.5m

Total compensation

CEO salary percentage28.7%
CEO tenure9.2yrs
CEO ownership7.5%
Management average tenure7.5yrs
Board average tenure9.3yrs

Recent management updates

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

CEO Compensation Analysis

How has Frank Fertitta's remuneration changed compared to Red Rock Resorts's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$164m

Jun 30 2024n/an/a

US$170m

Mar 31 2024n/an/a

US$174m

Dec 31 2023US$3mUS$1m

US$176m

Sep 30 2023n/an/a

US$211m

Jun 30 2023n/an/a

US$226m

Mar 31 2023n/an/a

US$202m

Dec 31 2022US$3mUS$1m

US$205m

Sep 30 2022n/an/a

US$262m

Jun 30 2022n/an/a

US$284m

Mar 31 2022n/an/a

US$355m

Dec 31 2021US$3mUS$1m

US$242m

Sep 30 2021n/an/a

US$123m

Jun 30 2021n/an/a

US$95m

Mar 31 2021n/an/a

-US$63m

Dec 31 2020US$2mUS$538k

-US$150m

Sep 30 2020n/an/a

-US$175m

Jun 30 2020n/an/a

-US$235m

Mar 31 2020n/an/a

-US$167m

Dec 31 2019US$2mUS$1m

-US$3m

Sep 30 2019n/an/a

US$766k

Jun 30 2019n/an/a

US$31m

Mar 31 2019n/an/a

US$118m

Dec 31 2018US$2mUS$1m

US$158m

Sep 30 2018n/an/a

US$178m

Jun 30 2018n/an/a

US$175m

Mar 31 2018n/an/a

US$67m

Dec 31 2017US$2mUS$1m

US$35m

Compensation vs Market: Frank's total compensation ($USD3.48M) is below average for companies of similar size in the US market ($USD7.98M).

Compensation vs Earnings: Frank's compensation has been consistent with company performance over the past year.

CEO

Frank Fertitta (62 yo)

9.2yrs

Tenure

US$3,480,037

Compensation

Mr. Frank J. Fertitta, III, has been Chief Executive Officer and Manager of Station Casinos LLC since January 2011 and June 2011 respectively. He serves as Co-Founder and Principal Owner at TKO Group Holdi...

Leadership Team

NamePositionTenureCompensationOwnership
Frank Fertitta
Chairman & CEO9.2yrsUS$3.48m7.47%
$ 362.4m
Scott Kreeger
President2.8yrsUS$8.49m0.22%
$ 10.5m
Stephen Cootey
Executive VP7.6yrsUS$4.22m0.41%
$ 20.0m
Jeffrey Welch
Executive VP & Chief Legal Officer7.5yrsUS$3.94m0.35%
$ 16.8m
Kord Nichols
Executive VP & COOless than a yearno data0.12%
$ 5.9m
Wes Allison
Chief Accounting Officerno datano datano data
Daniel Foley
Vice President of Finance & Investor Relationsno datano datano data

7.5yrs

Average Tenure

56yo

Average Age

Experienced Management: RRR's management team is seasoned and experienced (7.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Frank Fertitta
Chairman & CEO9.3yrsUS$3.48m7.47%
$ 362.4m
Lorenzo Fertitta
Vice Chairman of the Board9.3yrsUS$125.00k7.36%
$ 356.9m
James Nave
Lead Independent Director9.3yrsUS$375.11k0.084%
$ 4.1m
Robert Lewis
Independent Director9.3yrsUS$338.03k0.084%
$ 4.1m
Robert Cashell
Independent Director9.3yrsUS$331.36k0.084%
$ 4.1m

9.3yrs

Average Tenure

62yo

Average Age

Experienced Board: RRR's board of directors are considered experienced (9.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 00:20
End of Day Share Price 2024/12/30 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

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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 29 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
David BainAegis Capital Corporation
Ishan MajumdarBaptista Research
Brandt MontourBarclays