Red Rock Resorts
About: Red Rock Resorts Inc along with its subsidiary is a gaming, development and management company that develops and operates strategically-located casino and entertainment properties. Its casino properties are conveniently located throughout the Las Vegas valley and provide its customers a wide variety of entertainment and dining options. The majority of revenue is derived from Casinos.
Employees: 7,850
0
Funds holding %
of 7,323 funds
0
Analysts bullish %
of 9 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
86% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 21
49% more call options, than puts
Call options by funds: $11.2M | Put options by funds: $7.49M
16% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 67
9% more funds holding
Funds holding: 188 [Q4 2024] → 204 (+16) [Q1 2025]
0.52% more ownership
Funds ownership: 85.14% [Q4 2024] → 85.67% (+0.52%) [Q1 2025]
5% less capital invested
Capital invested by funds: $2.35B [Q4 2024] → $2.23B (-$116M) [Q1 2025]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 0 (-1) [Q1 2025]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$49
18%
downside
Avg. target
$61
2%
upside
High target
$68
13%
upside
9 analyst ratings
7 positive
78%
2 neutral
22%
0 negative
0%
Barclays Brandt Montour | 8%upside $65 | Overweight Maintained | 30 Jul 2025 |
JMP Securities Jordan Bender | 7%upside $64 | Market Outperform Maintained | 30 Jul 2025 |
Susquehanna Joseph Stauff | 13%upside $68 | Positive Maintained | 30 Jul 2025 |
Stifel Steve Wieczynski | 0%downside $60 | Hold Maintained | 30 Jul 2025 |
Truist Securities Barry Jonas | 12%upside $67 | Buy Upgraded | 16 Jul 2025 |
Financial journalist opinion
Based on 9 articles about RRR published over the past 30 days
Positive
The Motley Fool
13 hours ago
Red Rock (RRR) Q2 Revenue Jumps 8%
Red Rock (RRR) Q2 Revenue Jumps 8%
Neutral
Seeking Alpha
1 day ago
Red Rock Resorts, Inc. (RRR) Q2 2025 Earnings Call Transcript
Red Rock Resorts, Inc. (NASDAQ:RRR ) Q2 2025 Earnings Conference Call July 29, 2025 4:30 PM ET Company Participants Frank J. Fertitta - Chairman & CEO Lorenzo Fertitta - Corporate Participant Scott Kreeger - President Stephen Cootey - Executive VP, CFO & Treasurer Conference Call Participants Barry Jonathan Jonas - Truist Securities, Inc., Research Division Benjamin Nicolas Chaiken - Mizuho Securities USA LLC, Research DD Chad C.
Positive
Zacks Investment Research
1 day ago
Compared to Estimates, Red Rock Resorts (RRR) Q2 Earnings: A Look at Key Metrics
The headline numbers for Red Rock Resorts (RRR) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
1 day ago
Red Rock Resorts (RRR) Q2 Earnings and Revenues Surpass Estimates
Red Rock Resorts (RRR) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.4 per share. This compares to earnings of $0.59 per share a year ago.
Neutral
PRNewsWire
1 day ago
Red Rock Resorts Announces Second Quarter 2025 Results
LAS VEGAS , July 29, 2025 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the second quarter ended June 30, 2025. Second Quarter Results Consolidated Operations Net revenues were $526.3 million for the second quarter of 2025, an increase of 8.2%, or $39.9 million, from $486.4 million in the same period of 2024.
Negative
Zacks Investment Research
1 week ago
Earnings Preview: Red Rock Resorts (RRR) Q2 Earnings Expected to Decline
Red Rock Resorts (RRR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive
Zacks Investment Research
2 weeks ago
BYD vs. RRR: Which Stock Should Value Investors Buy Now?
Investors interested in Gaming stocks are likely familiar with Boyd Gaming (BYD) and Red Rock Resorts (RRR). But which of these two stocks is more attractive to value investors?
Positive
Seeking Alpha
3 weeks ago
Red Rock Resorts: Bullish Trend Intact - Migration Poses Opportunity With Risks
Red Rock Resorts, Inc. remains a Buy as its focus on locals positions it to outperform strip casinos amid declining Las Vegas tourism. RRR's financials are strong, with Q1 revenue and EPS beating expectations, and its valuation and profitability metrics remain solid. Las Vegas' population growth expands RRR's addressable market, offsetting tourism declines and supporting long-term growth potential.
Positive
Seeking Alpha
4 weeks ago
Red Rock Resorts: This Vegas Local Hero Might Be Worth A Bet
Red Rock Resorts' focus on local Las Vegas residents creates a resilient, recurring revenue model with strong customer loyalty and high barriers to entry. The company boasts robust cash flow, valuable land assets for expansion, and a healthy balance sheet, supporting steady growth prospects. Expansion opportunities, such as the North Fork property and undeveloped land, position RRR for continued revenue and cash flow growth amid favorable local demographics.
Neutral
PRNewsWire
1 month ago
Red Rock Resorts Announces Date of Second Quarter 2025 Conference Call and Earnings Release Date
LAS VEGAS , June 23, 2025 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's financial results for the second quarter 2025 on Tuesday, July 29, 2025 and will hold a conference call on the same day at 4:30 p.m. ET (1:30 p.m.
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