RRR Stock Overview
Red Rock Resorts, Inc., through its interest in Station Holdco and Station LLC, develops and operates casino and entertainment properties in the United States.
Red Rock Resorts Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$35.36|
|52 Week High||US$58.74|
|52 Week Low||US$31.68|
|1 Month Change||-1.17%|
|3 Month Change||-26.10%|
|1 Year Change||-19.44%|
|3 Year Change||64.62%|
|5 Year Change||50.15%|
|Change since IPO||89.09%|
Recent News & Updates
Why We Like The Returns At Red Rock Resorts (NASDAQ:RRR)
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
|RRR||US Hospitality||US Market|
Return vs Industry: RRR exceeded the US Hospitality industry which returned -34.1% over the past year.
Return vs Market: RRR exceeded the US Market which returned -20.5% over the past year.
|RRR Average Weekly Movement||7.8%|
|Hospitality Industry Average Movement||9.2%|
|Market Average Movement||8.0%|
|10% most volatile stocks in US Market||16.6%|
|10% least volatile stocks in US Market||3.1%|
Stable Share Price: RRR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: RRR's weekly volatility (8%) has been stable over the past year.
About the Company
Red Rock Resorts, Inc., through its interest in Station Holdco and Station LLC, develops and operates casino and entertainment properties in the United States. It operates through two segments, Las Vegas Operations and Native American Management. The company owns and operates 9 gaming and entertainment facilities, and 10 smaller casinos in the Las Vegas regional market.
Red Rock Resorts Fundamentals Summary
|RRR fundamental statistics|
Is RRR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RRR income statement (TTM)|
|Cost of Revenue||US$575.20m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||5.82|
|Net Profit Margin||21.30%|
How did RRR perform over the long term?See historical performance and comparison
2.8%Current Dividend Yield
Is RRR undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for RRR?
Other financial metrics that can be useful for relative valuation.
|What is RRR's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does RRR's PE Ratio compare to its peers?
|RRR PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: RRR is good value based on its Price-To-Earnings Ratio (6.1x) compared to the peer average (91.3x).
Price to Earnings Ratio vs Industry
How does RRR's PE Ratio compare vs other companies in the U.S. Hospitality Industry?
Price-To-Earnings vs Industry: RRR is good value based on its Price-To-Earnings Ratio (6.1x) compared to the US Hospitality industry average (17.3x)
Price to Earnings Ratio vs Fair Ratio
What is RRR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||6.1x|
|Fair PE Ratio||23.9x|
Price-To-Earnings vs Fair Ratio: RRR is good value based on its Price-To-Earnings Ratio (6.1x) compared to the estimated Fair Price-To-Earnings Ratio (23.9x).
Share Price vs Fair Value
What is the Fair Price of RRR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: RRR ($35.36) is trading below our estimate of fair value ($50.98)
Significantly Below Fair Value: RRR is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: RRR is good value based on its PEG Ratio (0.5x)
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How is Red Rock Resorts forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RRR's forecast earnings growth (11.6% per year) is above the savings rate (1.9%).
Earnings vs Market: RRR's earnings (11.6% per year) are forecast to grow slower than the US market (13.9% per year).
High Growth Earnings: RRR's earnings are forecast to grow, but not significantly.
Revenue vs Market: RRR's revenue (4.6% per year) is forecast to grow slower than the US market (8.3% per year).
High Growth Revenue: RRR's revenue (4.6% 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 (80%).
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How has Red Rock Resorts performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RRR has high quality earnings.
Growing Profit Margin: RRR became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: RRR's earnings have grown by 2.7% per year over the past 5 years.
Accelerating Growth: RRR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RRR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (119.6%).
Return on Equity
High ROE: Whilst RRR's Return on Equity (572.04%) is outstanding, this metric is skewed due to their high level of debt.
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How is Red Rock Resorts's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: RRR's short term assets ($470.0M) exceed its short term liabilities ($236.8M).
Long Term Liabilities: RRR's short term assets ($470.0M) do not cover its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: RRR's net debt to equity ratio (2595.6%) is considered high.
Reducing Debt: RRR's debt to equity ratio has increased from 357.8% to 2943.4% over the past 5 years.
Debt Coverage: RRR's debt is well covered by operating cash flow (22.7%).
Interest Coverage: RRR's interest payments on its debt are well covered by EBIT (5.8x coverage).
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What is Red Rock Resorts's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RRR's dividend (2.83%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: RRR's dividend (2.83%) is low compared to the top 25% of dividend payers in the US market (4.34%).
Stability and Growth of Payments
Stable Dividend: RRR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RRR's dividend payments have increased, but the company has only paid a dividend for 6 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (4.7%), RRR's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.7%), RRR's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Frank Fertitta (59 yo)
Mr. Frank J. Fertitta, III, has been Chief Executive Officer and Manager of Station Casinos LLC since January 2011 and June 2011 respectively. Mr. Fertitta has been Chief Executive Officer at Fertitta Ente...
CEO Compensation Analysis
Compensation vs Market: Frank's total compensation ($USD3.15M) is below average for companies of similar size in the US market ($USD6.92M).
Compensation vs Earnings: Frank's compensation has been consistent with company performance over the past year.
Experienced Management: RRR's management team is seasoned and experienced (5 years average tenure).
Experienced Board: RRR's board of directors are considered experienced (6.8 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Red Rock Resorts, Inc.'s 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$3.662b
- Market Cap: US$2.158b
- Shares outstanding: 107.00m
- Website: https://www.redrockresorts.com
Number of Employees
- Red Rock Resorts, Inc.
- 1505 South Pavilion Center Drive
- Las Vegas
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/24 00:00|
|End of Day Share Price||2022/06/24 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.