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 7,296 funds
0
Analysts bullish %
of 8 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
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$43
10%
downside
Avg. target
$51
7%
upside
High target
$59
24%
upside
8 analyst ratings
5 positive
63%
3 neutral
38%
0 negative
0%
Mizuho Ben Chaiken | 24%upside $59 | Outperform Upgraded | 2 Jun 2025 |
Macquarie Chad Beynon | 22%upside $58 | Outperform Maintained | 2 May 2025 |
Stifel Steve Wieczynski | 8%downside $44 | Hold Maintained | 2 May 2025 |
Truist Securities Barry Jonas | 6%downside $45 | Hold Maintained | 23 Apr 2025 |
Barclays Brandt Montour | 13%upside $54 | Overweight Maintained | 22 Apr 2025 |
Financial journalist opinion
Positive
Zacks Investment Research
1 week ago
Here's Why Investors Should Retain Red Rock Resorts Stock Now
RRR rides strong due to Las Vegas trends, Durango success and North Fork momentum, but high costs bite margins.
Positive
Zacks Investment Research
1 month ago
Red Rock Resorts Q1 Earnings & Revenues Surpass Estimates
RRR's Q1 earnings benefit from the strong performance of Durango Casino & Resort, solid customer engagement and robust spend per visit.
Neutral
Seeking Alpha
1 month ago
Red Rock Resorts, Inc. (RRR) Q1 2025 Earnings Call Transcript
Red Rock Resorts, Inc. (NASDAQ:RRR ) Q1 2025 Earnings Conference Call May 1, 2025 4:30 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 John DeCree - CBRE Shaun Kelley - Bank of America Barry Jonas - Truist Securities Jordan Bender - Citizens David Katz - Jefferies Steve Wieczynski - Stifel Joe Stauff - Susquehanna Ben Chaiken - Mizuho Chad Beynon - Macquarie Operator Good afternoon, and welcome to Red Rock Resorts First Quarter 2025 Conference Call. All participants will be in a listen-only mode.
Neutral
Zacks Investment Research
1 month ago
Red Rock Resorts (RRR) Reports Q1 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Red Rock Resorts (RRR) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
1 month ago
Red Rock Resorts (RRR) Surpasses Q1 Earnings and Revenue Estimates
Red Rock Resorts (RRR) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.68 per share a year ago.
Neutral
PRNewsWire
1 month ago
Red Rock Resorts Announces First Quarter 2025 Results
LAS VEGAS , May 1, 2025 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the first quarter ended March 31, 2025. First Quarter Results Consolidated Operations Net revenues were $497.9 million for the first quarter of 2025, an increase of 1.8%, or $9.0 million, from $488.9 million in the same period of 2024.
Negative
Zacks Investment Research
1 month 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 month 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
2 months 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
2 months 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.
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