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 7,425 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
217% more call options, than puts
Call options by funds: $8.87M | Put options by funds: $2.8M
14% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 66
0.18% less ownership
Funds ownership: 85.34% [Q3] → 85.16% (-0.18%) [Q4]
6% less funds holding
Funds holding: 202 [Q3] → 189 (-13) [Q4]
15% less capital invested
Capital invested by funds: $2.77B [Q3] → $2.35B (-$421M) [Q4]
30% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 37
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$43
1%
upside
Avg. target
$51
19%
upside
High target
$55
29%
upside
7 analyst ratings
3 positive
43%
4 neutral
57%
0 negative
0%
Truist Securities Barry Jonas 34% 1-year accuracy 13 / 38 met price target | 5%upside $45 | Hold Maintained | 23 Apr 2025 |
Barclays Brandt Montour 41% 1-year accuracy 36 / 88 met price target | 26%upside $54 | Overweight Maintained | 22 Apr 2025 |
JMP Securities Eric Ross 67% 1-year accuracy 2 / 3 met price target | 29%upside $55 | Market Outperform Maintained | 17 Apr 2025 |
Morgan Stanley Stephanie Grambling 0 / 0 met price target | 1%upside $43 | Equal-Weight Maintained | 16 Apr 2025 |
Susquehanna Joseph Stauff 41% 1-year accuracy 15 / 37 met price target | 22%upside $52 | Positive Maintained | 16 Apr 2025 |
Financial journalist opinion
Negative
Zacks Investment Research
6 days ago
Earnings Preview: Red Rock Resorts (RRR) Q1 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
Benzinga
1 week ago
5 Stock Picks Last Week From Wall Street's Most Accurate Analysts
U.S. stocks settled mostly lower on Thursday, with the Dow Jones index falling more than 500 points during the session. The 30-stock index recorded losses for the third day, while all three major indices closed the holiday-shortened trading week on a lower note.
Neutral
PRNewsWire
1 month ago
Red Rock Resorts Announces Date of First Quarter 2025 Conference Call and Earnings Release Date
LAS VEGAS , March 28, 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 first quarter 2025 on Thursday, May 1, 2025 and will hold a conference call on the same day at 4:30 p.m. ET (1:30 p.m.
Positive
Zacks Investment Research
1 month ago
Here's Why Investors Should Retain Red Rock Resorts Stock Now
RRR focuses on enhancing its existing properties, ensuring a premium guest experience that aligns with evolving consumer preferences.
Positive
Seeking Alpha
1 month ago
Red Rock Resorts: Shares Are Worth The Premium
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.
Negative
Benzinga
2 months ago
Top 3 Consumer Stocks You May Want To Dump In February
As of Feb. 13, 2025, three stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Positive
Zacks Investment Research
2 months ago
Red Rock Resorts Q4 Earnings & Revenues Surpass Estimates
RRR's fourth-quarter top line benefits from strong customer engagement and increased visitation at Durango Casino Resort.
Neutral
Seeking Alpha
2 months ago
Red Rock Resorts, Inc. (RRR) Q4 2024 Earnings Call Transcript
Red Rock Resorts, Inc. (NASDAQ:RRR ) Q4 2024 Results Earnings Conference Call February 12, 2025 4:15 PM ET Company Participants Stephen Cootey - Executive Vice President, Chief Financial Officer and Treasurer Scott Kreeger - President Lorenzo Fertitta - Vice Chairman of the Board Frank Fertitta III - Chief Executive Officer Conference Call Participants Carlo Santarelli - Deutsche Bank Shaun Kelley - Bank of America Jordan Bender - Citizens JMP Steve Wieczynski - Stifel Stephen Grambling - Morgan Stanley Barry Jonas - Truist Securities Daniel Politzer - Wells Fargo Chad Beynon - Macquarie Joseph Stauff - Susquehanna Brandt Montour - Barclays Capital John DeCree - CBRE Benjamin Chaiken - Mizuho Securities David Katz - Jefferies Operator Good afternoon and welcome to the Red Rock Resorts Fourth Quarter and Full Year 2024 Conference Call. All participants will be in listen-only mode.
Positive
Zacks Investment Research
2 months ago
Compared to Estimates, Red Rock Resorts (RRR) Q4 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 December 2024, 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
2 months ago
Red Rock Resorts (RRR) Q4 Earnings and Revenues Surpass Estimates
Red Rock Resorts (RRR) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.95 per share a year ago.
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